The O.H.I.O. Fund has announced a strategic investment in InnoSource, a leading provider of workforce solutions serving public and private sector clients across the country. The investment will support InnoSource’s continued expansion in key areas including workforce technology, talent development, and scalable staffing services that meet the evolving needs of employers statewide and across the country.
The O.H.I.O. Fund, a private investment firm committed to investing in and partnering with innovative entrepreneurs, business leaders, and co-investors who, like them, call Ohio home, activates its unique investment thesis focused on leveraging Ohio’s momentum to catalyze growth for businesses and returns for investors.
“InnoSource represents exactly the kind of forward-thinking, values-driven organization we are proud to support,” said Ray Leach, President of The O.H.I.O. Fund. “Their unique blend of high-touch service, digital innovation, and deep Ohio roots align perfectly with our mission to invest in growing businesses in the state, creating strong economics.”
A significant driver behind The O.H.I.O. Fund’s investment is the opportunity to help accelerate InnoSource’s evolution into a technology-forward company—one that leverages artificial intelligence and advanced analytics to deliver smarter, faster, and more scalable workforce solutions. This includes using AI to solve complex customer challenges and to drive measurable gains in operational efficiency and productivity for InnoSource’s clients.
“We’re thrilled to welcome The O.H.I.O. Fund as a strategic partner,” said Chad Delligatti, CEO of InnoSource. “Their investment affirms our vision for modernizing the workforce experience and delivering technology-powered solutions that help employers thrive. Together, we will reshape how talent is sourced, deployed, and supported across Ohio and beyond.”
The partnership will enable InnoSource to deepen its footprint in critical growth sectors—like energy, healthcare, insurance, manufacturing, and life sciences—while expanding its AI-enabled platform that improves candidate matching, retention, and performance outcomes.
About The O.H.I.O. Fund
The O.H.I.O. Fund is a private investment firm committed to investing in and partnering with innovative entrepreneurs, business leaders, and co-investors who, like them, call Ohio home. With a unique investment thesis focused on leveraging Ohio’s momentum, The O.H.I.O. Fund supports growth in advanced manufacturing, biotech, real estate, infrastructure, and other sectors where Ohio leads. The team brings deep experience and a robust statewide network to connect leaders and unlock the state’s most promising opportunities.
About InnoSource
InnoSource is a leading workforce solutions firm with over 25 years of experience delivering customized staffing and outsourcing services to top employers. With a commitment to white-glove service and a people-first approach, InnoSource supports public and private clients in sectors ranging from banking, insurance, utilities and logistics to healthcare and government—with a growing focus on AI-powered productivity and workforce innovation.
Important Information and Disclosures
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase any securities in any private investment fund (the “Fund”) managed by TOF Manager, LLC (“The O.H.I.O. Fund” or the “Adviser”). Any such offering will be made solely to qualified investors through a confidential private placement memorandum and other offering documents, which should be reviewed carefully before any investment decision.
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