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Daniel Luketic

Director

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At a glance

Full Name
Daniel Luketic
Title
Director
Firm
North Coast Ventures (formerly North Coast Angel Fund)
Firm Type
Angel investor group / early-stage venture fund
Investment Stage
Seed, Series A, and Series B
Check Size
~$200,000–$300,000 per company (fund investment)
Target Company Profile
Highly scalable B2B SaaS businesses with early traction and experienced teams solving large market problems
Sector Focus
B2B SaaS, healthcare, and fintech
Geographic Focus
Ohio / U.S. Midwest, with broader North America consideration
Location
Chagrin Falls / Cleveland, Ohio area

Background

Daniel Luketic is a Director at North Coast Ventures (NCV), a Cleveland-based early-stage investment organization that began in 2006 as the North Coast Angel Fund. He has held the Director role since 2016, where he leads the identification, sourcing, and vetting of early-stage investment opportunities for the fund's various vehicles. NCV describes itself as one of the largest single-chapter investor groups in the country, with 400+ member investors who include leading regional entrepreneurs, venture capitalists, and business executives.

Before entering the angel/venture world, Luketic was an operator and founder. After graduating from the University of Mount Union (Mount Union College) with a bachelor's degree in Management and Finance, he worked in business development and then co-founded Risk Management Technologies, an insurtech SaaS startup, working with an insurance-industry partner to raise angel capital and commercialize an online software application. He also co-founded YouLobby, a crowdfunding platform. His earlier experience includes a consulting role with the Bizdom accelerator, the Dan Gilbert–backed program that helped technology startups plug into Gilbert's "Family of Companies," plus roles associated with ventures such as InnerActiv, 1Logtech, Xploro, and FenixPyre.

At NCV, Luketic has been credited with helping grow the fund's investor base, establishing new corporate-sponsor relationships, and launching an educational series for current and prospective angel investors. His operator-turned-investor background informs a hands-on approach to evaluating founding teams. He was recognized by Crain's Cleveland Business in its Forty Under 40 class of 2018.

Investment Thesis & Focus

  • Invests through North Coast Ventures' member-backed funds in early-stage, highly scalable B2B SaaS companies "solving big problems."
  • Concentrates on healthcare, fintech, and broader B2B SaaS sectors — the areas cited as his personal expertise.
  • Typical fund check of roughly $200K–$300K, participating across seed, Series A, and Series B rounds, often alongside NCV's 400+ member investors.
  • Looks for companies with demonstrated early traction / commercial validation and experienced teams addressing substantial markets, rather than pure concept-stage bets.
  • Strong regional (Ohio / Midwest) orientation: NCV and its investors have deployed $100M+ into nearly 80 Ohio-based companies, whose portfolios have collectively raised close to $1 billion.

Notable Investments

  • OnShift — workforce management SaaS for post-acute/senior care; NCV's investment was recognized with an NVCA "Exit of the Year" award.
  • Axuall — healthcare workforce data/credentialing network platform.
  • Remesh — real-time AI-powered audience engagement and research platform.
  • EmployStream — staffing/onboarding automation SaaS (acquired).
  • Satelytics — geospatial/AI analytics for infrastructure and environmental monitoring.
  • NCV reports ~62 active portfolio companies and roughly 10 acquisitions/exits across its history.

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