Yesterday, enterprise Tech Accelerator Alchemist introduced a recent $2.5 million in enterprise capital funding. As we speak, it introduced its newest cohort of startups, 19 in complete, to a jam-packed viewers of buyers.
Alchemist invests $36,000 in firms with a income stream that come from enterprises, not shoppers, with a bent towards technical founders. Its 20th cohort included a psychological well being startup, a development tech enterprise, a fintech firm and extra. Right here’s a fast have a look at the startups that simply accomplished its six-month program:
Cruz Foam: Makes compostable packaging “from the ocean for the ocean.” As a substitute of utilizing finite petroleum-based supplies, Cruz Foam transforms waste right into a structural foam that’s at-home compostable. The startup counts Pepsi amongst its first prospects. Cruz Foam is working with the beverage maker on a sustainable packaging undertaking.
Bobly: Gathers real-time info that helps companies higher perceive their prospects by a gamified Software Program product.
DeepBench: The MIT tech startup’s software program permits firms to create their very own community of information consultants, with a mission to “unlock the world’s information by decreasing the price of discovering and matching consultants.”
dumpling: Empowers gig staff to run their very own “extremely private” grocery supply companies. Dumpling says they make $eight in income on every order and is energetic in 24 states. The startup is led by Nate D’Anna, the previous director of company improvement at Cisco.
Ejenta: Permits well being suppliers to remotely monitor sufferers from their houses utilizing know-how developed by NASA meant to observe astronauts. Ejenta is presently working with well being suppliers throughout the U.S. Ejenta expenses well being suppliers a per affected person, per thirty days subscription price that’s 100 % reimbursable by Medicare.
IoTrek: Leverages synthetic intelligence and IoT to enhance the productiveness of development job websites. The startup says it has raised $500,000 in funding so removed from European and Indian buyers.
AirBoard: Developer of “the world’s strongest drone” for the agricultural business. AirBoard’s drone is the dimensions of two Toyota Prius vehicles and can focus initially on automated agtech pesticide spraying.
Walrus Safety: Based by Michael Walfish, a former professor of pc science at New York College, Walrus Safety ensures digital funds are transferred safely. Walrus has already landed backing from some high-profile angels, together with Alex Roetter, the previous SVP of engineering at Twitter and the president of Kitty Hawk.
Insera Well being: Developer of a voice-enabled app that collects a affected person’s medical historical past to enhance medical encounters. Insera says this improves the experiences for sufferers and medical doctors, with higher communication and outcomes.
Laava Tech: Reducing vitality consumption for indoor farmers with proprietary LED lighting and a Gentle as a Service (LaaS) enterprise mannequin.
Oberon World: Helps conduct and handle compliant token gross sales. Oberon offers a safe investor onboarding platform for funds, in addition to firms elevating cash underneath Regulation D 506(b) and 506(c).
Autify (previously often called Behivee): Automates software program testing with synthetic intelligence.
PenguinSmart: Initially targeted on the China market, PenguinSmart offers an AI-assist rehab assist service for speech and language remedy. The startup is led by Amy Kwok, a speech-language pathologist.
Rosalyn Inc: A proctoring platform that makes use of AI and pc imaginative and prescient to make exams safe and scalable. The startup says it reduces overhead and lets firms scale up their certification course of whereas decreasing fraud.
Gridline AI (previously often called Solisite): Helps property house owners flip roofs from liabilities into belongings by decreasing roofing prices and producing extra revenue for business actual property.
Tangent: Is utilizing AI to offer high-quality content material for advertising and marketing campaigns. The AI-enabled platform develops personalised photos for the style e-commerce business. Expects $600,000 in income by the top of This fall 2019.
Foresight Psychological Well being: Delivers end-to-end psychological healthcare with a tech-enabled platform that develops remedy plans, offers a real-time tracker of signs and extra. The corporate plans to open a brick-and-mortar location in San Francisco in 2019.
Bitesize: A B2B messaging platform that lets firms converse immediately with prospects through SMS.
Digify: A doc safety service that gives insights and safety to customers sharing paperwork on-line.
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