MEMPHIS, TN (WMC) - Fourteen startup companies pitched their ideas to a crowd of investors, community leaders and supporters Thursday.
It was a part of Memphis Demo Day, which marked graduation for the 14 teams from Start. Co (a tech startup accelerator) and ZeroTo510 (a medical device startup accelerator) summer startup training and mentoring programs.
Each team pitched their business on stage in the ballroom at the Sheraton Hotel in Downtown Memphis. It was a chance celebrate their progress and share their ideas. Many who were seeking investments to move forward.
More than 300 people attended Memphis Demo Day, ranging from successful entrepreneurs to regional and community leaders and investors from the Mid-South. Both programs were recently awarded a $50,000 grand from the SBA for their efforts.
Start Co. is a member of the Global Accelerator Network and ZeroTo510 was named one of the top 15 accelerators in the U.S. by Seed Accelerator Rankings Project.
"It is always a proud moment for us to see our graduating cohort showcase their work and share their experiences with investors and the entrepreneurial community. We invest a great deal of time and energy each year to strengthen our programming, and we are delighted that many of our teams already have existing customer bases and have been focused on refining their business models during the program," said Eric Mathews, Start Co. CEO and founder.
Start Co. operates three accelerator programs, Seed Hatchery, Upstart, and Sky High. Each is an intensive summer program created for entrepreneurs with high-growth startup ideas.
ZeroTo510, operated by Memphis Bioworks, is a mentor-driven program created to help medical device entrepreneurs navigate the startup process, refine their business models and achieve the FDA's 510(k) pre-market notification filing. This year's graduating cohort included four teams.
Both programs are integral parts of EPIcenter and initiatives of the Greater Memphis Accelerator.
"Because of the globally significant medical device industry here in Memphis and ZeroTo510's connections to decision-makers and mentors, these companies have met milestone after milestone and are ready for the next phase of growth. We're confident that this group of companies will impress the audience and shine a light on the Memphis entrepreneurship ecosystem, and we're thrilled to team up with Start Co. to showcase all of the companies graduating from Memphis business accelerators," said Allan Daisley, President of ZeroTo510 and director of entrepreneurship and sustainability at Memphis Bioworks.
Start Co. and ZeroTo510 had several partners who invested time or resources during the programs. They provided monetary or professional service support for the programming and cohort teams. Joint partners include EPIcenter, Launch Tennessee, Innova, and Baker Donelson.
2015 Accelerator Cohorts:
DivorceSecure, workflow and collaboration wizard for divorce attorneys to streamline the intake of client information and increase their overall case volume. Company founders are Hirsch Serman and Noam Davidovics.
LendMed, (formerly DeliverTo), a liabilities tracking software and digital kiosk that manages the 50,000 weekly instances of hospital lending and borrowing across national/local facilities. The company founder is Ryan Freiden.
Ncrease, a marketing automation tool for online businesses that provides insights about their customers' social behaviors and daily content sharing suggestions. Company founders are Aaron Fitzgerald, Morgan McCullough, Kelly Schricker and Laney Mills.
Preteckt, the 1st smart vehicle technology for fleets and drivers that accurately predicts truck breakdowns 30 days before they happen. Company founders are Peter Bassa, Sasha Kucharczyk and Ken Sills.
6Figure, a retail app and ecommerce website with exclusive curation of professional clothing for women in competitive corporate fields. Company founder is Michael Wolf.
Care Current, a scheduling and matching software for Senior Care Agencies that weighs over 40 factors when assigning clients to their ideal at-home caregiver. The company founders are Nick Fuller, Rachel Fuller, Evan Black and Kieran Blazier.
MLS My Nest, a real estate service that connects home sellers with licensed agents in their area who provide full real estate services for a $1,500 flat fee. Company founders are Jessica Buffington and Dustie Zvolanek.
Capital C, a Memphis-based code school for adults who are serious about landing jobs as entry-level software developers. Company founders are Joel Cox and Meka Egwuekwe.
CodeCrew, a nonprofit organization that provides computer science training to underserved K-12 Memphis students, delivered both in the classroom and extracurricularly on an opt-in basis. Company founders are Audrey Jones, Meka Egwuekwe and Petya Grady.
MyCollegeSTREAM, a webapp that helps guidance counselors get students engaged in the college search process by using college social media. The company founders Bryant Warren and Brian Summerhill.
SweetBio, with ties to both the University of Memphis and San Francisco, makes membranes for tissue regeneration used in oral surgeries utilizing medical-grade honey as one of the ingredients. Company founders are Isaac Rodriguez, Kayla Rodriguez and Marsalas Whitaker.
LineGard Med (formerly Site Saver), from Little Rock, Ark., provides hospitals with a simple device that protects and preserves patients' IV sites and central lines. Company founders are Spencer Jones and Louis Diesel.
GlucosAlarm, an international company from Chihuahua, Mexico, has created a technology to measure glucose in diabetic patients' urine, which simplifies the testing procedure. Company founders are Nancy Guerra and Carlos Bernal.
Inspire Living, from Fairfax Station, Va., offers a portable health monitor that enables anyone, anywhere, to conduct an automated respiratory and rapid vitals exam on a child. Company founder is Kristi Otto.