Techstars Chicago Selects 10 Disruptive Technology Startups for Summer 2014 Class
Following the success of the inaugural 2013 Techstars Chicago roster, 2014 class draws more local talent and continued international participation.
Techstars Chicago, one of the world’s leading accelerator programs, has announced the 10 startups that will comprise its summer 2014 class.
The 2014 Techstars Chicago class features more Chicago-based startups than last year. Of the 10 companies, six hail from Chicago, with international startups representing Israel and India. Two other U.S. startups, based in Miami and Nashville, round out the list.
The summer 2014 Techstars Chicago class:
Clutch Prep Clutch’s expert tutors simplify your studying with in-depth, textbook-specific videos and practice materials that improve grades for college students.
Data Everywhere is a solution that connects your company’s data, making it safe to run your business on the spreadsheets you build.
GameWisp is a platform for gamers to discover and monetize gaming video content.
inRentive Listings provides real estate professionals a streamlined way to manage their content, analyze listing performance and market apartment units, condos and single-family rentals across multiple listing services and social media platforms.
MartMobi is a platform for brands to seamlessly create beautiful mobile sites and apps for e-commerce stores.
NexLP’s next-generation analytics and visualization technology dramatically reduce enterprise costs related to eDiscovery, fraud investigations and compliance.
Package Zen makes managing deliveries and packages simple for front desk staff, doormen and mailrooms.
Telnyx is a platform-as-a-service company that delivers data-driven, highly scalable telephony services at a fraction of the cost of incumbents.
WeDeliver helps local businesses increase sales by offering a fast, reliable, same-day delivery experience.
yRuler enables e-commerce brands and retailers to personalize product images, allowing users to visually try on merchandise before purchase.
“The Techstars Chicago program has helped to solidify Chicago as a leading destination for technology startups,” said Troy Henikoff, managing director of Techstars Chicago. “There are great things happening in Chicago, and the international tech community is taking notice, which is reflected in the caliber of startups chosen for this year’s class.”
Techstars Chicago portfolio companies enter into an intensive three-month summer program, followed by Demo Day, an annual August event that allows companies to showcase their products by pitching to more than 500 investors from across the country. Throughout the program, companies work with more than 150 mentors that include Match.com CEO Sam Yagan, Foundry Group cofounder Brad Feld, executives from Jellyvision Lab and LinkedIn, and partners from leading venture capital firms. Each participant receives $18,000 in seed funding and also has the option of a $100,000 convertible debt note.
Techstars Chicago Demo Day will take place at the House of Blues on Wed., Aug. 27.
Nearly 90 percent of Techstars alumni globally have been acquired or are still in business today. For more information, visit www.techstars.com.
About Techstars Chicago
Techstars Chicago, formerly Excelerate Labs, is one of the nation’s premier accelerator programs for technology startups. The program has graduated 40 companies, which have gone on to raise more than $45 million in funding to date. Named one of Forbes Magazine’s Top 10 Hottest Startup Incubators, Techstars Chicago operates out of the 1871 incubator space in Chicago’s Merchandise Mart. For more information, visit http://www.Techstars.com/