Angel Investor Helping Baltimore Companies to Grow

It’s an exciting day for two Baltimore start-ups that each received $200,000 from the Propel Baltimore Fund to continue their work. The Propel Baltimore Fund is backed by the Maryland Technology Development Corp., the Abell Foundation and the France-Merrick Foundation.

The two start-ups that received funds included SocialToaster Inc. and Woofound Inc. As The Abell Foundation President Robert C. Embry Jr. explained,

“Propel Baltimore seeks to support Baltimore City’s most promising startup companies, and there’s no doubt that Social Toaster and Woofound both possess compelling investments with strong growth potential.”

SocialToaster works with clients to help them to improve their marketing and branding. Woofound utilizes a unique blend of psychology and technology to offer quick and accurate personalized career, education, and life recommendations.”