Mario Casabona is an Entrepreneur and Angel Investor.
In 2012 he founded TechLaunch LLC, NJ’s Investor led Technology Accelerator which provides seed capital, co-working space, business training, mentors, and access to investors to aspiring technology oriented entrepreneurs. In less than three years of operation the TechLaunch team has launched and provided seed capital to 26 new Companies and has mentored over 65 entrepreneurs. Startup categories include Social Media, WebTech, EdTech, eCommerce, HealthIT, Machine to Machine, and Internet of Things.
In 2007 he founded Casabona Ventures, providing Executive Coaching, Strategic Planning, and early-stage Private Equity financing to technology focused companies. He has invested in over 20 startups and enjoys participating in New Jersey’s technology ecosystem.
In 2014, he was named one of New Jersey’s top 5 most influential people in Technology by the Star Ledger.
In 1982 he founded and was CEO of Electro-Radiation Inc. (ERI) until 2004 when ERI was acquired by Honeywell International. ERI was a developer of Radar, Navigation and Communications technology and equipment for the Defense industry. Most recently, in 2014 he was recognized by the NJ Business Incubator Network for his contributions to NJ’s business community. In 2013 the New Jersey Technology Council recognized Mario as the Legend of Technology and in 2010 as Financier of the Year. He served as Chairman of Jumpstart New Jersey Angel Network from 2009 to 2013, one of the premier Angel groups in the Mid-Atlantic Region. Mario was also honored as the Man of the Year in 2009 by the Center for Italian and Italian-American Culture. In 2004 Mario was appointed by Gov. McGreevy to the NJ Commission on Science &Technology. In 1998, he was awarded the SBA National Tibbett’s Award which recognizes contributions in technology.
He is also on the advisory board of the Stevens Institute of Technology Office of Innovation and Entrepreneurship; Fairleigh Dickinson University’s Rothman Institute for Entrepreneurial Studies; Seton Hall University’s Stillman School of Business; and Montclair State University’s College of Science and Mathematics.
He enjoys serving on several for-profit as well as non-for-profit boards. He is often quoted in mainstream and trade press outlets, and is a frequent guest speaker and panelist at University and Professional events.
Mr. Casabona is an Electrical Engineer, named in 12 national and international patents in the field of satellite-based navigation and communications. He has lived in New Jersey for most of his life after emigrating from Italy when he was five years old. He lives in Morris County with his wife, enjoys mentoring and launching new companies, traveling and spending casual time with family and friends in his Catskills log home retreat.