TechBUZZ Spring Press Release MAVA
For media inquiry TechBUZZ@mava.org 202.847.0053
Sixteen East Coast Startups Announced for TechBUZZ Spring
Education Technology, Cyber Security and Analytics, Software, and Hospitality Among Industry Sectors Represented
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)
Business Radar develops the award-winning iRestore suite of apps and mobile platform. With iRestore apps on their smartphones and tablets, utility workers can rapidly pinpoint damage, prioritize response and perform repairs with the right manpower and equipment–turning the lights back on sooner for millions of customers across the U.S.
Built by two former restaurant operators, ChouxBox is a bill processing software designed specifically for the restaurant industry. ChouxBox drastically reduces labor and data entry costs, while providing real time purchase analytics.
ChurnZero is a customer success platform that gives your customer retention team the tools and insight it needs to reduce churn. ChurnZero collects data from your product and service, provides analytics on churn and usage, and offers communication methods to interact live with a single customer or automate interactions to an entire customer segment right from inside your product.
Devensoft offers a production SaaS web-based application that companies use to reduce the complexity and increase efficiency of mergers and acquisitions. The software incorporates industry best practices for due diligence and integration playbooks, allowing companies to better track, evaluate and acquire potential targets; plan and execute integrations; and ultimately measure synergies and financial performance.
GamePlan assists employers with hiring by assessing a candidate’s interest in a particular job by using psychometric assessments, testing for cultural fit and necessary skills, and by mapping out a customized visible pathway to successful careers through online learning, certifications, mentors and coaches.
InHerSight is where women go for a better workplace. Described as the TripAdvisor for women in the workplace, we help women find what they are looking for and improve what they get from their employers.
Kitchology is the first company to create an integrated cooking platform for 80 million Americans dealing with food allergies and special diets. It allows consumers to overcome the limitations imposed by food restrictions.
KlowdTV is a streaming TV provider custom-designed for people fed up with cable’s high prices and non-existent consumer choice. We license the linear TV channels that you would find on cable, and for just a few dollars a month, KlowdTV’s lineup of TV channels is available to subscribers a la carte or through interest-based micropackages.
Linked Senior provides a digital therapeutics platform for people affected by Alzheimer’s. It currently serves the Northern American senior care market. The platform improves the life of older adults affected by dementia such as Alzheimer’s and improves their behavior symptoms and everyday function.
ParkMyCloud is a B2B technology company focused on significantly reducing the cost of using cloud computing services, from providers such as Amazon Web Services (AWS) and Microsoft Azure. Our lightweight, SaaS platform allows cloud users to pay only for the computing resources they’re actually using by scheduling on/off times (also known as “parking”) for their idle cloud computing services.
Quantified Care’s platform is designed to help our clients efficiently manage and deploy care resources to those patients who need care most, when they need it most, even if they’re not currently in the clinic.
Real Time Cases (RTC) is an educational technology (edtech) multimedia publishing platform that connects businesses to higher education through experiential learning activities. The material can be used in a variety of ways, but typically lends itself to student-centered learning in the classroom.
Vivanda is a data driven, context sensitive personalization engine for food & beverages. As a BtB service company with an in depth understanding of food, beverage, products and consumer preferences we are focused on enabling our omni-channel partners to provide their consumers with an enhanced digital food experience through personalization.
Zoomph offers a new method to track earned, paid, and owned media in real-time. It empowers brands to discover and analyze the most relevant audience and content insight via its proprietary algorithm called ZPoints®. Using a variety of easy-to-use features and tools, the user has access to a magnitude of valuable and actionable information that supports real-time brand promotion, trends, insights, and enriched data to drive up engagement.
TechBUZZ was first piloted in 2010 and launched in May 2011 as a half-day conference preceding Capital Connection in response to the growing impact start-ups and seed-stage companies are having in recent years on the investment ecosystem overall. Since 2013 the now year-long program has provided a continuous platform for early stage companies through by showcasing 15-20 companies at three events per year. Today TechBUZZ is one of MAVA’s annual flagship programs and routinely attracts between 300-400 attendees to each pitch event. MAVA is dedicated to continuing to foster and celebrate this vital area of our membership by bringing together investors and entrepreneurs in a dynamic and meaningful format. TechBUZZ shines a well-deserved light on the visionary innovators and company-builders in our region, and beyond, who are actively pursuing a path toward market entry and have customer validation.
To learn more about MAVA, MAVA’s members and the services and programs the association provides, visitwww.mava.org.
About MAVA: The Mid-Atlantic Venture Association (MAVA) brings together company-builders from across the country and at every stage of development, providing a trusted public showcase to promote these enterprises, from promising startups to publicly-traded success stories. TechBUZZ in particular offers a public platform for community partners and their companies and helps shape a supportive ecosystem for the earliest of start-ups.
For more than 25 years, MAVA has served the full community of innovators, companies, private capital, suppliers, and key advisors needed to build successful businesses from start-up to exit. From venture to private equity, angel to growth equity, and family office to corporate strategic, MAVA brings together the full spectrum of capital and key resources necessary to accelerate the growth of companies across industry sectors and stages of development. MAVA provides a wide range of programs designed to stimulate revenue and company growth, facilitate quality deal flow, encourage collaboration and foster relationships among entrepreneurs, investors, strategic partners and customers.