Baltimore startups will compete for $75,000 in prizes at the 2nd annual event on September 29th
Betamore announced the eight companies that will compete for $75,000 in prizes at Beta City’s Venture Capital Pitch Day on September 29th. The live competition will kick off the 2nd annual Beta City event at City Garage at 3 p.m.
The eight pitch finalists of the Venture Pitch Capital Day event have been selected after several rounds of rigorous analysis and scrutiny, including an initial screening of each early stage business. To advance beyond this stage,each company’s application must demonstrate a minimum viable product that is currently live with customers and also generating revenue. Each application should also be able to demonstrate how they are using technology in an innovative way. Remaining companies are voted on by Betamore’s Advisory Board, and lastly by a final judge’s panel, to then present in the live pitch competition.
The selected companies will have an exclusive opportunity to present their pitch to a distinguished panel of judges and other leaders in the Baltimore tech community to compete for $75,000 in prizes. These prizes are a collection of contributions by a number of local businesses, including TEDCO, Johns Hopkins Technology Ventures, Evergreen Advisors, Baltimore Angels, the University of Maryland System, Greenspring Associates, SunTrust and SC&H Group.
In addition, finalists will also have a unique opportunity to present their company to a room full of venture capitalists, senior business and community leaders, and entrepreneurs from leading companies both inside and outside of Baltimore.
The Venture Capital Pitch Day finalists include:
- emocha is a mobile health platform created at the Johns Hopkins University Center for Clinical Global Health Education (CCGHE) that provides real-time access to health data, and helps solve patient engagement and adherence in healthcare.
- Fixt offers a mobile app that provides background maintenance for Internet connected devices, using motion sensors to find damage and automate device replacements, repairs, upgrades, and other troubleshooting.
- Sickweather scans social networks for indicators of illness, reporting and tracking these indicators in real-time. It is the largest illness crowdsourcing community, processing over 2 million reports per month.
- Sisu Global Health is a medical technology company that focuses on improving healthcare access in low-resource settings, by building a medical device pipeline to strengthen health systems.
- SnobSwap offers exclusive access to a large collection of trusted boutiques, by displaying them on one simple digital platform.
- Tissue Analytics uses one mobile app to make wound tracking, measuring and assessment fast and accurate, and gives both healthcare providers and patients a breakdown of progress over time.
- TopBox’s award-winning software offers Cloud-based interaction analytics for contact centers, helping organizations discover the root cause of customer impacting issues.
- Workbench focuses on project-based learning and exploration to host a community of innovators, offering a space for educators to connect and create classes, as well as hands-on lessons and student monitoring in real-time.
“This year, the applications to present at our pitch competition grew by over seventy percent, attracting local, national and international companies,” said Betamore CEO, Jennifer Meyer. “Beta City is confirming what many already know: that our region is attracting top-tier talent and investment for entrepreneurs.”
New to the event this year and in preparation for the live pitch competition, finalists will have an opportunity to participate in eight hours of professional council with leading business executives. These business advisors include: Jason Tagler of Camden Partners and CEOPitchCoach.com, Lynda Katz Wilner of Successfully Speaking and Henry Mortimer of Mortimer Communications.
In addition to the pitch companies selected, 17 additional entrepreneurs and innovators have been selected to Demo at Beta City’s VIP event following the competition. Participating Demo companies include FastVisa, Hungry Harvest, ABL Denim, and more. All companies will benefit from on-the-spot feedback from more than 1,000 attendees at City Garage.
More than 83 corporate and community sponsors and partners support Beta City, contributing to the success of the event and the growth of Baltimore’s ecosystem. “Brown Advisory and NextGen Venture Partners are proud to support the Beta City effort to celebrate the innovative spirit of Baltimore,” said Mike Hankin, President and CEO of Brown Advisory. “It is encouraging to see the enthusiasm and passion that so many entrepreneurs are bringing to our city – as business citizens we appreciate the responsibility to help these folks in any and every way possible.”
“Advance was founded on the idea of supporting local businesses and encouraging growth through technology,” said COO of Advance Business Systems Joe Zito. “It is absolutely imperative that we support efforts like that of Betamore and Beta City, which have made such an incredible contribution to Baltimore’s business landscape.”
City Garage residents Balti Virtual, Baltimore Social, Bustin Boards, Hungry Harvest, Magma Build Studios, and the Maryland Technology Enterprise Institute (MTech) will also be on hand at the event.
“Comcast is honored to partner with Betamore and Beta City to support Baltimore’s technology startup community,” said Mary McLaughlin, Senior Vice President of Comcast’s Beltway Region. “Expanding digital literacy and building tomorrow’s leaders is at the core of everything we do, and we’re proud to invest in entrepreneurs and the future of business and technology.”
More information, tickets to Venture Capital Pitch Day and other Beta City events are available at https://betacity.co.
About Betamore
Betamore is an award-winning coworking space, incubator and campus for entrepreneurship and technology. With its mission to make Baltimore a global entrepreneurship destination, Betamore has been home to 100+ companies that have collectively raised more than $52M in venture capital and in 2015 contributed $13.5M to Baltimore City's economy.
Established in 2012, Betamore actively supports, launches and grows technology-based startup companies by delivering on three core pillars: incubation, education and community development. Its education offerings have served over 14,000 attendees and 200+ Academy graduates. Through its community development efforts, Betamore continues to support and engage more than 140 companies in the region. Through its Advisory Board, Betamore connects 90 of the region’s highest profile leaders to the Betamore membership to provide businesses with guidance and mentorship.
