Preview of Boston Demo Day 2018

Focusing on companies leveraging what Boston is world class at

This is an exciting time for Techstars in Boston. Most of the companies are coming from our local ecosystem in New England, and this is a pleasure to see such innovation being fostered here!

On April 26th, we will host an exclusive event showcasing the companies. Stay tuned for updates. If you want to request an invite, we are curating the list of people invited. If you want to join, let’s talk! Sign up here to be kept in the loop about dates, location and timings.

We are now one month into the program, the companies are out of a few weeks of intense meetings with key mentors from their respective industries, enabling them to put their recent achievements in perspective.

In September I wrote about Boston’s Ecosystem Investment Trends, and the focus for this Techstars class. Our focus was going to be on supporting mostly companies focussed on SaaS transition or Data/AI – and the Boston did not fail to deliver. We have a remarkable class of startups about to embark on their vision, or continue pioneering in their industry. Here’s how they fit in with what we had planned.

Below is a non-exhaustive list of the companies, we have one other company that will be revealed later.

The 12th class for the city, 147 companies have been through Techstars Boston, and this is the 122nd class overall for Techstars as a global accelerator. Boston is proud to have helped bring PillPack, Localytics, Placester and Synack to market – just to name a few.

We are also proud to have an incredible mentor network, stretching from alumni, to some of the most successful entrepreneurs in the Boston. Its with the help of this Techstars community that makes the experience what it is today. So thank you all. Thank You mentors for your continuous empowerment of entrepreneurs. Thank You to the community for your support of our founders and their startup ideas. And Thank You to all the startups which applied and didn’t get in – we’re all on the same path to greatness, and we have no doubt you will do Boston proud either way.

So without further ado, here are the companies in more detail, in alphabetical order.

Brio

Brio Systems, a direct to consumer healthcare company. Brio Systems puts preventative health within reach of consumers. Using a monthly health check service in the form of a painless blood test aimed to give a person access to their health status and trends on where they are headed. Anonymized datasets provide corporations with insight on their population health and effective ways to optimize their costs of healthcare expenditure.

Chameleon

Banks in the U.S. spend $7.5B per year managing their existing commercial loans, which they could be spending on generating new loans. Managing this backlog of data is a time-consuming, manual process. Chameleon enables commercial lenders to generate more loans by unlocking the $7.5B tied up on data entry. Lenders can spend more time underwriting and sourcing new deals.

Fazta

In today’s digital era, contractors have no good way to deliver an experience that meets consumers expectations. With Fazta, Contractors get a mobile app that instantly digitizes their business with a website, online billing, and a business phone number.  We put an end to running a business on the back of an envelope, and give contractors an online operation that builds loyal customer relationships.

Meenta

Meenta eliminates researchers purchasing problems when mapping their experimental design to instruments. Consequently, when it’s easier to buy, scientists buy more often, instruments run more often and the cost to own and operate instruments decreases. We eliminate 80% of the project consultation costs normally associated with educating new users.

Noria

We solve every pain point users experience with window air conditioners and create value through design, premium fit and finish and smart home integration. Noria’s launch product is a 5,000 BTU connected window air conditioner that’s just 7” tall and twice as quiet as existing units. It installs securely and safely in minutes and is easy to move and store. It works with Alexa, Nest, and Google Home or via iOS or Android app.

Openly

Openly, an insurance carrier, will offer superior insurance products that innovate on the coverage terms and the experience of quoting and buying insurance–for example, enabling a sellable quote in under 60 seconds. We will leverage advanced statistical models at every decision point to reduce expenses and offer the best rates to win high value consumers.

Securicy

Cyber security is a complex and evolving discipline. Cyber attacks and data breaches are threatening the bottom line. Securicy is a complete solution that’s tailored to small to medium-sized organizations that  enables the user to efficiently build, implement, maintain and enforce a compliant cyber security program in their organization.

Sophia

Sophia, a marketplace for therapy. Patients fill out a simple form on their needs, then Sophia provides the top predicted matches from their therapist network, making it easy to set up the first appointment, and follow up to ensure a good fit. Over time, the plan is to expand into additional services (payment, scheduling, outcome tracking) to improve therapeutic outcomes.

SparkCharge

SparkCharge makes Portable Modular Ultra Fast Charging Stations for electric vehicles that go in your trunk. For the first time EV owners will be able to charge their car anytime and anywhere they want. Now, EV owners can seamlessly connect and extend range by swapping out addition 10 mile range battery packs as they see fit. Our rapid chargers can charge electric vehicles at 1 mile every 60 seconds, which makes charging fast and convenient.

There you have it. The companies ready to #domorefaster with the support of the Techstars ecosystem. Stay tuned for updates, and we hope to see you at Demo Day. Sign up here to be kept in the loop about dates, location and timings.

And as always, if you have a good idea. We’d love to know about it. Come hang out with us at one of our action-oriented programs such as Startup Weekend by staying up to date here, or see if there’s an accelerator Program that suits you.

Stay Motivated,

Clement, Aaron, Nick & Saba








Announcing Clement Cazalot as Managing Director for the Techstars Boston Accelerator

Since 2009, the Techstars Boston Accelerator has helped launch and fund more companies than any other Techstars program in the world: 134 startups, $715 million in total funding, 19 successful exits and 95 startups are continuing to grow with more than a thousand employees overall, creating one of the most vibrant and dense entrepreneurial networks.

This community of alumni makes Boston a very special place. We want Techstars to continue to leverage this vibrant group to help new entrepreneurs achieve their dreams and do more faster.

As part of this ever growing network, I will be joining as the next managing director of the Techstars Boston Accelerator. In 2012, I was the CEO and cofounder of docTrackr, a company that went through the Techstars program in Boston and was among the first exits of the program. Semyon and Eveline will lead a new mission-driven fund to back immigrant entrepreneurs in Boston. Ty Danco will remain with the program as Mentor in Residence, and will also work with other Boston startup programs.

Boston Is One of the Best Cities to Launch a Startup

The city has changed, for the better, since the Techstars Boston Accelerator first started in 2009.

It is easier than ever to raise capital and recruit top talent from other successful startups and alumni from the best universities in the world. Even Mark Zuckerberg said, “if I were starting now, I would have stayed in Boston.”

There are over 50 entrepreneurial programs all around the city, from accelerators and specialized incubators, to incredibly dynamic co-working spaces and university programs.

Boston also has a very active angel network complemented by a VC industry that is reinventing itself to focus more on the earlier stages of the tech and biotech innovations, which enables quick access to funds at all stages of development.

Working With the Best Talents, From Everywhere

In this ecosystem, the Techstars Boston Accelerator will be focused more than ever on great founders and early stage companies from the New England Area and beyond.

We have an opportunity to attract new talents in the city and present reasons for all the bright minds coming to study in Boston to stay. I arrived in Boston as a foreigner to join Techstars and fell in love with the city. I understand the challenges of bringing new, fresh talent into the city, and the even bigger lift of keeping them here! Boston is a welcoming city with immigrants and entrepreneurs from all around the world working together.

What’s Next?

The next class of the Techstars Boston Accelerator will begin in January 2018. We decided to take our time until the next program to get Techstars even more ingrained into the Boston ecosystem and leverage the alumni network even more.

Over the next seven months, we will focus entirely on the local entrepreneurial community.

The goal will be to build more ties with all the other programs to collaborate (continuing on current efforts to share the best mentors to improve the overall quality of the ecosystem), bring even more entrepreneurship events to Boston (by relaunching Startup Weekend in the area, a fantastic event that is part of the Techstars family) and continue to help all entrepreneurs succeed by focusing on the #givefirst mentality of Techstars!

Boston is a great city, where big ideas come to grow with the support of the smartest people in the world. Join us to bring yours to the next step of the journey! Reach out if Techstars can help you in Boston!