Securities are offered through Spencer Trask Ventures, Inc., member FINRA and SIPC. | This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. Past performance is no guarantee of future results and you should be aware of risks involved with any type of investment. Venture capital and angel investing is inherently risky. Not all investments are successful. You are encouraged to seek the advice of your attorney, tax consultant or investment advisor if you have any concerns. The commentary provided is for informational purposes only and should not be relied on for accounting, legal, tax or other professional advice. While the information herein is deemed reliable, Spencer Trask cannot guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with regard to the results to be obtained from its use. | Spencer Trask and its affiliates may own securities in all or certain of the companies set forth herein. Spencer Trask Ventures Inc. may have an investment banking relationship and/or may provide other services with all or certain of the companies set forth herein. Designees of Spencer Trask may serve on the board of directors and/or advisory boards of all or certain of the companies set forth herein.