WASHINGTON, DC, March 15, 2016 — As part of MAVA’s ongoing commitment to foster seed and early-stage company growth, 16 startup companies have been selected from a range of industry sectors to be showcased on stage at the first installment of MAVA’s year-long TechBUZZ program for 2016. Since the program was launched in 2011, TechBUZZ presenting companies have received more than $357M in aggregate disclosed funding, with many more investments and acquisitions made under undisclosed terms.
The TechBUZZ Spring program will provide an unparalleled opportunity for the 16 selected companies to share their company demo and fund-raising pitch, in a four-minute format, with an audience of fellow innovators, experienced company-builders, and active investors at the event to be held on April 6th at PNC Place, the largest LEED Platinum building in Washington, DC.
“Now in our sixth year, the TechBUZZ platform continues to dramatically accelerate the growth trajectory of some of the East Coast’s newest and trend-representing companies, as they are featured on the program stage,” said Julia Spicer, Executive Director, MAVA. “Kicking off the year, the Spring line-up of companies represents some of the latest in emerging tech trends, including solutions in the HR/Recruitment and Food Services/ Hospitality Industries.
”While companies continue to clamor to earn a coveted spot on the program to increase their visibility and credibility, which helps to secure new customers, partners and investors,” said Spicer, “the interesting cross-section companies speaks volumes to the vibrancy of our entrepreneurial ecosystem.”
The featured TechBUZZ presenting companies were selected because of their innovative technology or approach to a commerce or enterprise problem. Collectively they provide a representative showing of industry start-ups and businesses being launched across a broad range of sectors including: Business Services, Health IT, Media, HR/Recruiting, Analytics, Education Technologies, Software, Hospitality, Food Tech, and many more.
Each of the startups chosen for the 16 formal presentation slots will take the stage for four minutes to describe their respective company, business vision, and product or service. Presenting companies were selected from a highly competitive pool of diverse startups from across the Mid-Atlantic by a group of MAVA investors and business advisors.
Ranging in development from nascent to seed stage, the startup companies presenting at TechBUZZ Spring reflect the strength of the East Coast as the birthplace of game-changing innovations. The 16 companies on stage for this edition of TechBUZZ represent startup communities across Virginia, Maryland, Pennsylvania, North Carolina, Georgia and Washington, DC.
“An open and highly educational experience, TechBUZZ is structured in a way where it forces entrepreneurs to think about their product from the perspective of many differing levels of understanding and thereby simplifying their message and business model, said Matthew Carroll, CEO & Co-founder of Immuta and TechBUZZ presenter alumni (Fall 2015)
The TechBUZZ Spring Presenting Companies are: