Tim Schigel

Managing Partner at Refinery Ventures

📍 Cincinnati, Ohio, United States🔄 Updated September 2026💼 14 investments📅 27 years investing🗓 Last invested Jul 2021𝕏 @upgrade_to_unlock
VC🌍 United States
14
Total investments
4
Early stage
4
Mid stage
2
Late stage
27y
Years active

Portfolio

14 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Jul 2021
Vantage makes UAVs and UAV components for customers, including the U.S. Army, Navy, Marines, Coast Guard, FBI, NASA, DEA, and CNN. Our first product, Snap, achieved a landmark FAA waiver for commercial flight over people. Our second product, Vesper, was one of five products selected by the Pentagon for use by the federal government. We’re currently making the next generation micro drone for the U.S. Army’s $100M Soldier Borne Sensor Program and a family of modular micro-gimbals as part of the Pentagon’s Blue UAS program. Vantage has been awarded over $22M in R&D contracts over the last two years and raised $20M in venture funding. The company has strong backing from VCs who previously backed Twitter and Zoom, the founder of Insitu, and the Pentagon’s Defense Innovation Unit. We are a team of Stanford engineers, DARPA Grand Challenge winners, IDEO and Volkswagen alums, NASA roboticists, 3D printer designers, and pioneering software developers. We’re also ardent kite surfers, mountain bikers, rock climbers, surfers, and award winning pilots. We work to achieve ambitious goals but also to achieve meaningful lives.
Board Member
Jun 2021
Press play on your future. Host your podcast & grow your revenue with RedCircle.
Board Member
Apr 2021
Next-generation product pages in a snap. StoryTaps end-to-end video platform features advanced retail and brand analytics, automating customer-powered videos that sell more faster. Powered by patented video technology, global organizations trust StoryTaps plug-and-play solution to deliver data-driven videos that increase conversion. Unlike other video platforms, StoryTap delivers unparalleled insight into video analytics, enabling eCommerce brands to easily drive ROI, including: Increase cart size Increase conversion Increase site engagement Reduce bounce rates
Investor
Oct 2020
Founded in 2016, Edgybees provides accurate geo-registration and augmented reality for satellite imagery and aerial video in real time, empowering defense, public safety, and critical infrastructure command centers to execute life-saving missions with greater precision. Traditionally, referencing and positioning streamed imagery from aerial and satellite sources have been prone to inaccuracies, often leading to operational challenges. Edgybees’ Visual Intelligence Platform, a software-only solution leveraging Computer Vision and Machine Learning, delivers highly precise geo-mapping and tagging of live feeds in real time. This innovative approach enhances rapid decision-making by visually augmenting roads, key landmarks, and mission-critical data—either through Edgybees own platform or via seamless integration with third-party systems. By bridging the gap between raw imagery and actionable intelligence, Edgybees enhances situational awareness, improves team collaboration, and significantly reduces time-to-target. For more information, visit www.edgybees.com.
Board Member
Dec 2019
Unleash procurement possibilities with the power of dynamic supplier data. TealBook is the leading supplier data foundation that autonomously maintains supplier master data, powers e-procurement technology, drives supplier diversity, and enables supplier performance. Using AI and ML, TealBook gathers, predicts, and refines supplier data to build the world’s most comprehensive supplier intelligence.
Investor
Jun 2019
Astronomer empowers data teams to bring mission-critical analytics, AI, and software to life and is the company behind Astro, the industry-leading DataOps platform powered by Apache Airflow®. Astro accelerates building reliable data products that unlock insights, unleash AI value, and powers data-driven applications. Trusted by more than 700 of the world’s leading enterprises, Astronomer lets businesses do more with their data. To learn more, visit www.astronomer.io Apache® and Apache Airflow® are either registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. No endorsement by the Apache Software Foundation is implied by the use of these marks. All other trademarks are the property of their respective owners.
Board Member
Jan 2019
Folio Photonics is reenergizing storage media innovation with the first-ever enterprise-scale, immutable active archive solution that delivers breakthrough cost, security, and sustainability benefits.
Investor
Apr 2018
We exist to empower a new generation of leaders to evolve as fast as the world around them. The pace of global change has never been faster, yet leadership development hasnt kept up. At Torch, we believe organizations need a new kind of leader who can navigate complexity, build truly inclusive teams, and turn constant change into opportunity. Thats why were reimagining leadership development through the power of contextual coaching. We combine exceptional coaches, deep organizational context, and actionable insights to help leaders develop fundamental leadership capacities that grow stronger over time. Our coaches understand your business goals and culture, creating a powerful feedback loop between individual growth and organizational impact. The result? Leadership development that drives lasting change across your entire organization. Backed by top-tier investors, Torch partners with forward-thinking companies to build future-ready leaders. Because great leaders arent born—theyre coached.
Board Member
Jan 2018
Connection is like magic — it gives people community, a sense of belonging. And for brands, it generates loyalty. We’re reinventing how brands and fans connect, bridging the online-to-real-life gap by delivering delightful experiences on demand. From ideation and sourcing to logistics and customer service, we partner with brands to turn consumers into forever fans.
Investor
Mar 2017
Halo Health is now part of symplr! Our mission is to streamline communication, so clinicians can focus on care. The Halo Clinical Collaboration Platform provides role-based collaboration that combines scheduling, teams, and communication on a unified platform; allowing the right information to get to the right person at the right time. Contact us for a product demo at www.halohealth.com.
Board Member
Jan 2013
Cintrifuse is dedicated to Supporting Startups, Igniting Innovation, Attracting Investment, and Catalyzing our Thriving Ecosystem to make Greater Cincinnati the #1 startup hub in the Midwest and a Top Innovation Center in the Country.  We like to consider ourselves a force for collaborative innovation. Cintrifuse made up of people, funds, and ideas all dedicated to establishing a stronger tech presence that will ultimately improve the economy for the Greater Cincinnati area. We are a public-private partnership established to drive the next phase of growth for the region – innovation that will be enabled and delivered by startups. Why do we do this? A tech-focused economy is a self-sustaining ecosystem that continuously attracts talent, creates jobs and investment opportunities, which eventually leads to one solution, that leads to the next, and then the next. Greater Cincinnati is primed for this, as we are the home of hundreds of global corporations who depend on innovation to solve their biggest problems, yet, are often too large to be agile. This may be unlike our tech-based startups who have talent and agility, but often lack the funding to see their solutions through or, if they do, the ability to reach potential customers. Not to mention, Cincinnati has several Universities with valuable knowledge and research at their fingertips. All of these entities are all close, but seldom, if ever, collaborating. And with investors waiting to invest wisely across the country, we have all the makings for a thriving tech-based economy – just waiting for something to help set it into motion. That’s where we come in. We believe collaboration is essential to innovation and breaking down walls is the best way to have breakthrough ideas, so we facilitate it in every way possible.
Investor
Jun 1999
Advertising.com brings advanced programmatic solutions to companies with large user bases, helping them unlock new revenue streams, strengthen user loyalty, and deliver high-value digital experiences. We’re on a mission to empower companies to maximize their digital assets and build sustainable revenue streams in an increasingly complex online ecosystem. We partner with global leaders in search and advertising to deliver high-impact, monetized experiences through cutting-edge programmatic solutions. Our expertise spans Demand-Side Platforms (DSPs), Supply-Side Platforms (SSPs), Engagement Platform, and Search Solutions, all designed to help our clients connect with their audiences, drive engagement, and optimize revenue. Whether through custom browser start pages for enhanced user loyalty, syndicated search experiences with white-labeled branding, or advanced SSP and DSP tools for inventory and campaign management, we deliver end-to-end solutions tailored to the needs of publishers, media owners, and brands.
Experience · 18 entries
All (18)
Investments (14)
Founder (2)
Board (6)
2024
Co-Founder
Aug 2024
We are dedicated to fostering a thriving venture capital network within the region, centered around community, connectivity, and trust. We are led by a volunteer leadership team of Venture Capitalists and Kaleb Dumot, founder of Integrity Power Search, a leading search firm for startups.
2021
Investor
Jul 2021
Vantage makes UAVs and UAV components for customers, including the U.S. Army, Navy, Marines, Coast Guard, FBI, NASA, DEA, and CNN. Our first product, Snap, achieved a landmark FAA waiver for commercial flight over people. Our second product, Vesper, was one of five products selected by the Pentagon for use by the federal government. We’re currently making the next generation micro drone for the U.S. Army’s $100M Soldier Borne Sensor Program and a family of modular micro-gimbals as part of the Pentagon’s Blue UAS program. Vantage has been awarded over $22M in R&D contracts over the last two years and raised $20M in venture funding. The company has strong backing from VCs who previously backed Twitter and Zoom, the founder of Insitu, and the Pentagon’s Defense Innovation Unit. We are a team of Stanford engineers, DARPA Grand Challenge winners, IDEO and Volkswagen alums, NASA roboticists, 3D printer designers, and pioneering software developers. We’re also ardent kite surfers, mountain bikers, rock climbers, surfers, and award winning pilots. We work to achieve ambitious goals but also to achieve meaningful lives.
Board Member
Jun 2021
Press play on your future. Host your podcast & grow your revenue with RedCircle.
Board Member
Apr 2021
Next-generation product pages in a snap. StoryTaps end-to-end video platform features advanced retail and brand analytics, automating customer-powered videos that sell more faster. Powered by patented video technology, global organizations trust StoryTaps plug-and-play solution to deliver data-driven videos that increase conversion. Unlike other video platforms, StoryTap delivers unparalleled insight into video analytics, enabling eCommerce brands to easily drive ROI, including: Increase cart size Increase conversion Increase site engagement Reduce bounce rates
2020
Investor
Oct 2020
Founded in 2016, Edgybees provides accurate geo-registration and augmented reality for satellite imagery and aerial video in real time, empowering defense, public safety, and critical infrastructure command centers to execute life-saving missions with greater precision. Traditionally, referencing and positioning streamed imagery from aerial and satellite sources have been prone to inaccuracies, often leading to operational challenges. Edgybees’ Visual Intelligence Platform, a software-only solution leveraging Computer Vision and Machine Learning, delivers highly precise geo-mapping and tagging of live feeds in real time. This innovative approach enhances rapid decision-making by visually augmenting roads, key landmarks, and mission-critical data—either through Edgybees own platform or via seamless integration with third-party systems. By bridging the gap between raw imagery and actionable intelligence, Edgybees enhances situational awareness, improves team collaboration, and significantly reduces time-to-target. For more information, visit www.edgybees.com.
Show all 18 entries ↓
Investment activity
1999–2021 · 14 investments
1999220051201312017120182201932020120213
Recent (last 2 years)Earlier