VentureScaleUp, an Orlando mentorship-driven advanced technology accelerator, announced today the 8 Orlando startups joining its Spring 2019 program. The startups in its sixth cohort, selected from applications, pitch competition finalists, and recommendations from VSU’s early-stage investment community partners, began the 12-week program April 15 at the Catalyst coworking space in downtown Orlando.
The VSU program provides mentorship, strategic advice, and inspiration through its mentor network of role models, investors, and seasoned entrepreneurs. These executives have built startups that have scaled. VSU offers entrepreneurs extensive access to Florida angel, seed, and early-stage capital funding sources. These relationships open the doors to funding.
Says Dennis R. Pape, managing partner at Catalyst and founder of the accelerator, “Over 80% of all startups fail. Most Orlando startups can build a product but only a handful have successfully taken their product to market. During the critical go-to-market phase of their development, startups must generate sufficient momentum to attract customers and investors. VSU’s program is designed to assist startups in traversing this “traction gap”. We are thrilled at the progress our previous cohorts of startups have made and look forward to accelerating this new cohort.” Since launching in Fall 2015, VSU’s program has graduated 31 startups. In total, these startups have created over 100 jobs and raised over $8 million in seed capital funding.
The 8 startups in VentureScaleUp’s Spring 2019 cohort are:
Founders: Stacie Ruth, Jason Eichenholz, and Scott Faris
AireHealth is a medical device startup developing a connected-portable nebulizer for respiratory illness. 2019 Crummer Rollins Venture Plan Competition winner and Orlando Rise of the Rest finalist.
Founders: Darren Humphrey and Doug Classe
Electric Chateau is a business to consumer startup developing innovative smart home devices which solve everyday consumer problems.
Founder: Marco Ignacio
GratSee is a developing a mobile-based staffing app for the restaurant industry. 2019 Crummer Rollins Venture Plan Competition semifinalist.
Founder: Andy Tran
Millebot designs and builds containerized industrial 3D printers for on-demand production. Orlando Rise of the Rest finalist.
Pink Lotus Technologies
Founder: Maryann Kilgallon
Pink Lotus Technologies is an internet-of-things (IoT) startup developing the POMM – a safety wearable band for children.
Founders: Spencer Elliot and Patrick VanDusen
ViewStub is developing a platform to connect online viewers to exclusive events and creator videos.
Founder: Jonathan Keating
Xmdocs is developing real-time tracking and automation for shippers with a collaborative platform. 2019 Crummer Rollins Venture Plan Competition finalist.
Yaupon Brothers American Tea
Founders: Bryon and Kyle White
Yaupon Brothers American Tea is creating a tea using the Yaupon Holly, a Florida native plant. 2019 Crummer Rollins Venture Plan Competition finalist. 2017 UCF Joust winner.