HealthIT, Cybersecurity, SaaS E-Commerce Among Top Industry Sectors Represented.Urban Stems Co-Founder & CEO Ajay Kori and SparkPost CEO Phillip Merrick to Keynote Event
WASHINGTON, DC, February 13, 2018 – As part of MAVA’s ongoing commitment to foster seed and early-stage company growth, the latest group of 18 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 2018. Since the program was launched in 2011, TechBUZZ presenting companies have received more than $760M 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 selected companies to share their company launch and fundraising pitch in a fast-paced, four-minute format, along with their demo, with an audience of hundreds of business leaders, fellow innovators, experienced company-builders, corporate strategic partners, potential acquirers, and active investors. The event will be held on February 28th at the FHI 360 Conference Center, located at Dupont Circle in downtown Washington, DC.
“By consistently presenting promising, fundable, and market-ready business startups, TechBUZZ provides a uniquely independent platform and is one of the most recognized of its kind in the country, attracting both promising tech and tech-enabled companies, along with investors and collaborators who follow the companies that have earned one of the coveted spots on the program,” said Julia Spicer, Executive Director, MAVA. “In addition to hitting the radars of potential investors, selected companies benefit from increased visibility and industry interest which helps to secure new customers, hire talent, and garner important market mind-share.”
Providing Solutions to Business, Consumer and Health Industry Problems
“Successful companies are best known for providing solutions to real world business and consumer problems,” continued Spicer. “Specific solutions being addressed by the Spring line-up of presenting companies range from offering mobile health solutions to patients suffering from Parkinson’s and other debilitating conditions; providing drone training simulations to first responders; enhancing security for enterprises by identifying high-risk behavior among their workforce; fighting food waste by creating a market for ‘ugly foods,’ to name a few.”
Featured presenting companies were selected because of their innovative technology, approach to a commerce or enterprise problem, or a new twist to a market maker’s approach, making TechBUZZ a nationally-watched platform by industry and investors, from seed to later-stage interests. Collectively, the presenting companies provide a representative showing of industry startups and businesses being launched across a broad range of sectors including SaaS, healthIT, software, cybersecurity, energy, e-commerce, and more.
Each of the startups 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 by a review committee of more than 20 MAVA Member Investors and business advisors. The Review and Selection Committee for the TechBUZZ Spring edition was co-chaired by Chip Gerstenmaier, Senior Analyst, Harbert Growth Partners, and Mourad Yesayan, Principal, Paladin Capital Group.
The selected startup companies are early-market entrants seeking seed and early capital who collectively represent the strength of the East Coast as the birthplace of game-changing innovations. The companies selected for this edition come from startup communities across North Carolina, Virginia, Maryland, California and Washington, DC. Additionally, two companies have European Headquarters (London and Stockholm).
TechBUZZ is a uniquely independent platform followed regularly by industry and investors across the US, recognized by business leaders across the country as one of the premier venues for credible early companies coming to market. Having showcased 350 competitively-selected companies since the program’s founding years, TechBUZZ surfaces some of the latest industry trends to watch.
What Recent Presenting Companies Have to Say
“TechBUZZ is an extremely high quality event, and helped us to generate some excellent investor interest. I would highly recommend it to entrepreneurs looking to raise funds.” Joe Falit, Co-founder & CEO, Yombu Inc. (Fall 2017)
“TechBUZZ provided insight and incredible coaches to hone our pitch. It was by far the best run event we have participated in. TechBUZZ served as the perfect kick-off to our fundraising efforts and provided an excellent opportunity for networking and valuable introductions.” – Dan Cowens, CEO of Snag-A-Slip (Fall 2016, with $6M in reported post-presentation financing)