Portfolio

CEI Ventures manages three socially responsible venture capital portfolios. Each of our funds has been certified by the US Treasury as a Community Development Finance Institution (CDFI).  While based in Maine, we target operating companies in underserved markets throughout the United States. By investing in companies in these markets, we are playing a vital role in developing rural economies, promoting equitable job creation, and advancing companies providing socially or environmentally beneficial products and services.

Our funds are structured as balanced equity portfolios diversified by business stage, industry, geography, and social benefit. Often staged through multiple financings, investments average $500,000, but range from $250,000 to $2 million. We anticipate exiting each portfolio company at appreciated multiples within five to seven years.

Our Funds

  • Coastal Ventures Limited Partnership

    $5.54 Million Venture Capital Fund
    Vintage 1996

    Managed by CEI Ventures Inc.
    Brunswick, Maine

  • Coastal Ventures II LLC

    $20 Million Venture Capital Fund
    Vintage 2001

    Managed by CEI Ventures Inc.
    Brunswick, Maine

  • Coastal Ventures III LP

    $10.135 Million Venture Capital Fund
    Vintage 2011

    Managed by CEI Ventures Inc.
    Brunswick, Maine

  • Coastal Ventures IV LP

    $10.145 Million Venture Capital Fund
    Vintage 2015

    Managed by CEI Ventures Inc.
    Brunswick, Maine


Filter Portfolio


  • A&B Electronics

    Coastal Ventures Limited Partnership (Exited)

    A&B Electronics

    Rapper coils for pollution control industry
    Berlin, NHIndustry: Green & EnvironmentalSocial Interest: Environmental, Rural & Low Income Job Creation
  • Avia Biosystems

    Coastal Ventures III LP (Exited)

    Avia Biosystems

    Chemical denaturation techniques for large scale protein stability studies
    Norton, MA - http://www.aviabiosystems.com/Industry: Biotechnology, Electronics & InstrumentationSocial Interest: Healthcare, Job Creation
  • Beacon Analytical Systems

    Coastal Ventures Limited Partnership (Exited)

    Beacon Analytical Systems

    Immunodiagnostic kits for environmental & food/feed testing markets
    Portland, ME - http://www.beaconkits.com/Industry: BiotechnologySocial Interest: Job Creation
  • BlueTarp Financial

    Coastal Ventures II LLC (Active)

    BlueTarp Financial

    Commercial credit services to the building materials industry
    Portland, ME - http://www.bluetarp.com/Industry: Financial ServicesSocial Interest: Job Creation
  • BroadcastAmerica.com

    Coastal Ventures Limited Partnership (Exited)

    BroadcastAmerica.com

    Internet streaming for broadcast radio stations
    Portland, MEIndustry: MediaSocial Interest: Job Creation
  • Bush Equities dba Cuddledown

    Coastal Ventures Limited Partnership (Exited)

    Bush Equities dba Cuddledown

    Direct markets & manufactures superior quality down products & luxury bedding
    Portland, ME - http://www.cuddledown.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • Certify, Inc.

    Coastal Ventures III LP (Exited)

    Certify, Inc.

    Developer of corporate travel and expense management software
    Portland, ME - http://www.certify.comIndustry: SoftwareSocial Interest: Job Creation
  • Chemogen

    Coastal Ventures II LLC (Exited)

    Coastal Ventures Limited Partnership (Exited)

    Chemogen

    Develops novel diagnostic tests for Tuberculosis
    Portland, ME - http://www.chemogen.com/Industry: BiotechnologySocial Interest: Healthcare
  • Chomp

    Coastal Ventures II LLC (Exited)

    Chomp

    All natural treats for dogs & cats packaged as the YipYap, Sniffers & Pit'r Pat brands
    Weymouth, MAIndustry: Consumer Products & ServicesSocial Interest: Job Creation, Natual Pet Care, Woman Owned Business
  • CitySoft

    Coastal Ventures Limited Partnership (Exited)

    CitySoft

    Enterprise software for nonprofits, educational institutions & social sector organizations
    Boston, MA - http://www.citysoft.com/Industry: IT ServicesSocial Interest: Education
  • Clickshare Service

    Coastal Ventures Limited Partnership (Exited)

    Clickshare Service

    Micro-payment aggregator for web-based digital content providers
    Williamstown, MA - http://www.clickshare.com/Industry: IT ServicesSocial Interest: Job Creation
  • Coast of Maine Organic Products

    Coastal Ventures Limited Partnership (Exited)

    Coast of Maine Organic Products

    Produces organically certified soils, composts, barks, mulches & fertilizers
    (Marion Township ME) Portland, ME - http://www.coastofmaine.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • Coastal Ventures Limited Partnership (Exited)

    Cormier Textile Products

    Converted industrial fabrics into protective sheeting, tarps, blankets, relief shelters
    York, MEIndustry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • CV Finer Foods

    Coastal Ventures Limited Partnership (Exited)

    CV Finer Foods

    World Harbors Marinades for cooking
    Winthrop, MEIndustry: Natural & Organic FoodsSocial Interest: Natural Foods, Rural & Low Income Job Creation
  • Definition6 [fka Synaptic Digital fka The NewsMarket]

    Coastal Ventures II LLC (Exited)

    Definition6 [fka Synaptic Digital fka The NewsMarket]

    Global multimedia communications production services & distribution platform
    (China, India, UK) New York, NY - http://www.definition6.com/Industry: IT ServicesSocial Interest: Job Creation, Woman Owned Business
  • eCopy fka Simplify Development

    Coastal Ventures Limited Partnership (Exited)

    eCopy fka Simplify Development

    Develops digital document solutions for integration into business applications
    (UK) Nashua, NH - http://www.ecopy.com/Industry: SoftwareSocial Interest: Job Creation
  • Ektron Inc.

    Coastal Ventures III LP (Exited)

    Ektron Inc.

    Software products and services, web content management, digital experience management
    Nashua, NH - http://www.ektron.com/Industry: SoftwareSocial Interest: Job Creation, Job Retention
  • EnvisionNet Computer Services

    Coastal Ventures Limited Partnership (Exited)

    EnvisionNet Computer Services

    Technical support & customer care contact center for tech-based businesses
    Brunswick, MEIndustry: Business ServicesSocial Interest: Rural & Low Income Job Creation
  • Foreside Company

    Coastal Ventures II LLC (Exited)

    Foreside Company

    Imported home furnishings
    Gorham, MEIndustry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • FreeBorders fka Animated Images (Camden ME)

    Coastal Ventures Limited Partnership (Exited)

    FreeBorders fka Animated Images (Camden ME)

    Design-to-delivery graphic software solution for apparel industry
    San Francisco, CAIndustry: SoftwareSocial Interest: Job Creation
  • Genicon Inc.

    Coastal Ventures IV LP (Active)

    Genicon Inc.

    Genicon (“the company”) is a leading designer, manufacturer, and distributor of disposable medical instruments used in Laparoscopic, or minimally invasive surgical (MIS) procedures.
    Winter Park, FL - http://geniconendo.com/Industry: HealthcareSocial Interest: Healthcare, Job Creation
  • HCI Systems

    Coastal Ventures II LLC (Exited)

    Coastal Ventures Limited Partnership (Exited)

    HCI Systems

    Building Blocks facilities asset management software
    Kennebunk, MEIndustry: SoftwareSocial Interest: Rural & Low Income Job Creation
  • HomeBistro Foods

    Coastal Ventures II LLC (Exited)

    HomeBistro Foods

    Gourmet chef prepared meals for home delivery
    Plattsburg, NY - http://www.dinewise.com/Industry: Natural & Organic FoodsSocial Interest: Rural & Low Income Job Creation
  • Hyperlite Mountain Gear

    Coastal Ventures III LP (Active)

    Hyperlite Mountain Gear

    Designs, manufactures and sells backpacks, tents, and accessories
    Biddeford, ME - https://www.hyperlitemountaingear.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • Innov-X Systems

    Coastal Ventures II LLC (Exited)

    Innov-X Systems

    High performance x-ray fluorescence analyzers
    (Australia, China, The Netherlands, Kingston NH) Woburn, MAIndustry: Electronics & InstrumentationSocial Interest: Job Creation
  • Intellicare America

    Coastal Ventures Limited Partnership (Exited)

    Intellicare America

    Medical contact centers network
    South Portland, MEIndustry: HealthcareSocial Interest: Healthcare, Job Creation
  • Juno Rising

    Coastal Ventures II LLC (Exited)

    Juno Rising

    Technical outdoor apparel for women under the brand name Isis
    Burlington, VT - http://www.isisforwomen.com/Industry: Consumer Products & ServicesSocial Interest: Woman Owned Business
  • Look’s Gourmet Food

    Coastal Ventures II LLC (Exited)

    Look’s Gourmet Food

    Bar Harbor & Atlantic seafoods, meats, chowders & specialty products
    Whiting, ME - http://www.barharborfoods.com/Industry: Natural & Organic FoodsSocial Interest: Rural & Low Income Job Creation
  • Maine Craft Distilling

    Coastal Ventures IV LP (Active)

    Maine Craft Distilling

    Maine Craft Distilling (MCD) produces super-premium, craft spirits in the “Yeast (East) Bayside” neighborhood of Portland, Maine.
    Portland, ME - http://www.mainecraftdistilling.com/Industry: Consumer Products & ServicesSocial Interest: Job Creation
  • Maine Trailer

    Coastal Ventures Limited Partnership (Exited)

    Maine Trailer

    Sells, leases, repairs and services storage & over-the-road trailers
    (Auburn ME) Bangor, ME - http://www.mainetrailer.com/Industry: Business ServicesSocial Interest: Rural & Low Income Job Creation
  • Metrobility Optical Systems

    Coastal Ventures II LLC (Exited)

    Metrobility Optical Systems

    Optical solutions for network infrastructure
    Merrimack, NHIndustry: Business ServicesSocial Interest: Job Retention
  • Mingle Analytics

    Coastal Ventures III LP (Active)

    Mingle Analytics

    Software product helps healthcare practitioners comply with complex and rapidly evolving Medicare quality reporting requirements
    South Paris, ME - http://mingleanalytics.com/Industry: Healthcare, SoftwareSocial Interest: Healthcare, Job Creation, Rural & Low Income Job Creation
  • Native Energy

    Coastal Ventures III LP (Active)

    Native Energy

    Developer of green energy projects and vendor of carbon offset credits
    Burlington, VT - http://www.nativeenergy.com/Industry: Green & EnvironmentalSocial Interest: Environmental
  • Navigator Publishing

    Coastal Ventures Limited Partnership (Exited)

    Navigator Publishing

    Publishes Professional Mariner & Ocean Navigator magazines, and Smart HomeOwner web-only
    Portland, ME - http://www.navigatorpublishing.com/Industry: MediaSocial Interest: Job Creation
  • NBT Solutions

    Coastal Ventures IV LP (Active)

    NBT Solutions

    NBT Solutions is a Maine based Software as a Service (SaaS) provider of GIS mapping software for the internet service provider (ISP) marketplace. The company’s premier product, VETRO FiberMap™, is a comprehensive network mapping and fiber management solution for small and midsized ISP’s.
    Portland, ME - http://www.nbtsolutions.com/Industry: SoftwareSocial Interest: Job Creation
  • New England 800 dba Taction

    Coastal Ventures Limited Partnership (Exited)

    New England 800 dba Taction

    Provides inbound & outbound customer contact center services
    Waldoboro, ME - http://www.taction.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • New England Audio Resource

    Coastal Ventures Limited Partnership (Exited)

    New England Audio Resource

    High quality indoor & outdoor audio speakers
    Lewiston, MEIndustry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • NextMark

    Coastal Ventures II LLC (Exited)

    NextMark

    Mailing list reseach systems for the direct marketing industry
    (Edmund OK) Hanover, NH - http://www.nextmark.com/Industry: SoftwareSocial Interest: Rural & Low Income Job Creation
  • PenBay Solutions

    Coastal Ventures III LP (Exited)

    PenBay Solutions

    GIS mapping solutions for facility management and public safety
    Brunswick, ME - http://www.penbaysolutions.com/Industry: SoftwareSocial Interest: Job Creation, Public Safety
  • Pika Energy Inc.

    Coastal Ventures IV LP (Active)

    Pika Energy Inc.

    Build revolutionary products to capture and manage clean power
    Westbrook, Maine - http://www.pika-energy.com/Industry: Electronics & Instrumentation, Green & EnvironmentalSocial Interest: Environmental, Job Creation, Rural & Low Income Job Creation
  • RecruiterNet

    Coastal Ventures II LLC (Exited)

    RecruiterNet

    Projectix applicant tracking & staffing workflow software
    Portland, MEIndustry: SoftwareSocial Interest: Job Creation
  • RedZone Wireless

    Coastal Ventures II LLC (Exited)

    RedZone Wireless

    Wireless broadband Internet service in underserved Maine communities
    Rockland, ME - http://www.redzonewireless.com/Industry: TelecomunticationsSocial Interest: Job Creation, Rural & Low Income Job Creation
  • Research Enhanced Design + Development, Inc

    Coastal Ventures IV LP (Active)

    Research Enhanced Design + Development, Inc

    R.e.d.d. develops and sells plant-based superfood energy bars
    Brunswick, Maine - https://www.reddbar.com/Industry: Natural & Organic FoodsSocial Interest: Job Creation, Natural Foods, Rural & Low Income Job Creation
  • Rustic Crust

    Coastal Ventures III LP (Active)

    Rustic Crust

    Producer of Rustic Crust and American Flatbread brand all-natural and organic frozen pizza products
    Merrimack, NH - http://www.rusticcrust.com/Industry: Natural & Organic FoodsSocial Interest: Natural Foods, Rural & Low Income Job Creation
  • SciAps Inc

    Coastal Ventures III LP (Active)

    SciAps Inc

    Portable analytical instrumentation company dedicated to inventing, engineering, providing, and servicing portable instruments to measure any compound, mineral, or element
    Worburn, MA - http://www.sciaps.com/Industry: Electronics & InstrumentationSocial Interest: Job Creation
  • SmartPak Equine

    Coastal Ventures II LLC (Exited)

    SmartPak Equine

    Custom packaged equine supplements, canine food, supplies
    Plymouth, MA - http://www.smartpakequine.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • Soleras

    Coastal Ventures Limited Partnership (Exited)

    Soleras

    Sputter targets & other consumables for vacuum coating industry
    Biddeford, ME - http://www.soleras.com/Industry: Consumer Products & ServicesSocial Interest: Rural & Low Income Job Creation
  • Stillwater Scientific Instruments

    Coastal Ventures II LLC (Exited)

    Stillwater Scientific Instruments

    Axial-time-of-flight electron mass spectrometers
    Orono, MEIndustry: Electronics & InstrumentationSocial Interest: Rural & Low Income Job Creation
  • Sun & Earth

    Coastal Ventures II LLC (Exited)

    Sun & Earth

    All natural non-toxic cleaning products for home & offices
    http://www.sunandearth.com/Industry: Consumer Products & Services, Green & EnvironmentalSocial Interest: Job Creation, Natural Products
  • The Gelato Fiasco

    Coastal Ventures III LP (Active)

    The Gelato Fiasco

    Producer of artisan Gelato using only Maine milk and all natural ingredients
    Brunswick, ME - http://www.gelatofiasco.com/Industry: Natural & Organic FoodsSocial Interest: Natural Foods, Rural & Low Income Job Creation
  • Tilson Technology Management

    Coastal Ventures III LP (Active)

    Tilson Technology Management

    Provider of  IT project management, information security consulting, software development, wireless site acquisition and construction management, telecommunications, and project management Information Services
    Portland, ME - http://www.tilsontech.com/Industry: Business Services, IT ServicesSocial Interest: Environmental, Job Creation
  • Wentworth Technology Inc.

    Coastal Ventures III LP (Exited)

    Wentworth Technology Inc.

    Producer of noise cancelling head-set systems for restaurant drive thrus
    Saco, NH - http://www.wentworthtechnology.com/Industry: Business Services, IT ServicesSocial Interest: Rural & Low Income Job Creation