Conscious Venture Lab (CVL) is a Baltimore-based early-stage business accelerator founded in 2013 by Jeff Cherry. See sector focus and contact routes.
Conscious Venture Lab (CVL) is a Baltimore-based early-stage business accelerator founded in 2013 by Jeff Cherry to develop mission-driven companies that treat capitalism as a force for good. Through its associated Conscious Venture Fund, CVL invests in seed and pre-seed, purpose-driven startups primarily in sectors like big data, IoT, cleantech, and cybersecurity, with a focus on underrepresented entrepreneurs in the Baltimore region and beyond. The firm’s historical average check size is approximately $371,400, with a maximum historical check of $3.5 million, and it typically provides early seed funding through its four-month immersive program. Notable portfolio companies include Voovo, which received a $510K seed investment in October 2024, and the fund has backed 29 such companies with a collective valuation exceeding $82 million. CVL distinguishes itself by pairing its accelerator with SHIFT Ventures, Cherry’s venture capital fund, to support startups focused on creating purpose-connected profits. The organization emphasizes inclusive capitalism through a 12-week curriculum and has graduated 159 founders from 17 countries, attracting $12 in follow-
StartupFundraising tracks this firm record from SEC filings and announced rounds, updating focus, location and portfolio history as new data lands. Use it to gauge fit before an outreach, then widen the search to investors in Baltimore.
Investors like Conscious Venture Lab · Full investor directory · Investor access · Company funding database