Wonderful energy tonight at the Startup Weekend New Haven pitch session. Enjoyed speaking Friday night to kick off the 54 hours of startup creation. Popped by a little bit Saturday and got to se the teams hard at work.
First place prize gets you $1500 cash funding, 6 months in CTech space in Science Park, $2500 in legal services from Wiggin & Dana and 6 month free hosting from Independent Software. The other winners get similar type of items, just less of them.
- 1st: SugaTrack
- 2nd: MeriBooster
- 3rd: SociobO.
The full slate included:
Quistar– smartphone–based B2C coupon service with barcode integration. Targeting businesses in grocery, retail and dining. Consumer targets include saver, do-gooder and others. Started with by 3 students at Quinnipiac University. I like that they did a survey (over the weekend?) to validate market need.
Nonprofit Igniter – Simple clickable manageable beautiful websites for nonprofits. Looks like software and hosting plus some services. Freemium if you use their domain name. Higher prices with hosting for with own domain names. Looks like a large team with 7 people.
The Worldview – Live video aggregation hub organized by location. Sounds likes Ustream, Livestreaming and Justin.TV with geolocation strategy? Ad supported without hosting costs of other video sites. UI demo looks like Google Earth-like interface for discovering live streaming video from around the world.
Townsquar.es – online community to share information, collaborate and act. Premise is that information sites (NYtimes, Quora, Twitter, etc) don’t link directly with action-taking sites (Change.org, Kickstarter, etc.). Townsqur.es allows proposing an action to attach to a discussion. Revenue model was not clear to me. Perhaps allowing people to put bounties on the actions?
LudusPro – high school athletic statistic gathering and sharing. Built around individual athletes having their own page listing their team participation, stats, etc. Freemium revenue model with iPad app as launch point. Schools charged to upload stats. Sounds similar to GameChanger although customer target may be different? Glad they have technical founder and allow athletes to modify personal stats (although says it is unverified). Sounds like the team knows the market: size, competitors, motivations, etc.
Project Kindly – “because kindly acts are contagious” – creating the ability to share good news via social web/mobile apps. Like SeeClickFix for things that other people or you are doing to make the world a better place. They built an MVP during the weekend for iPhone – love it! First team to present that made very clear they built an actual product this weekend. I’m not familiar with competitive space. Sounds like revenue model is ad-supported?
eVentures – “where one person’s junk is another person’s jewels” – online ecommerce platform for P2P sales for offline goods. I’m not sure I totally followed the full value proposition and plan to beat Craigslist, eBay or others.
Record Remedy – electronic medial records SaaS solution for small healthcare offices. Strategy is to focus on web rather than client/server or tablets. I did not understand the competitive advantage. Commented they would leave sales strategy to yet-to-be-hired salespeople. I believe founders and exec management should be involved – especially early on.
Lux-Med Services – medical tourism for luxury-oriented US consumer. Concierge research and booking for medical tourism. Large and growing market: they say $15bil with 30% annual growth expected. Pitch seemed more descriptive of market research rather than a pitch for a specific business. Perhaps because they were cut-off before completing the pitch?
simpleLMS – better online teaching and learning. Concept to tackle: cumbersome admin tools, disjointed communication, and poor communication tools (example of homework submission and grading). SaaS low-cost LMS competing with Blackboard, Moodle, etc.
MeritBooster – fundraising for K12 student clubs, trips or projects. Everyone knows that selling door-to-door isn’t the most effective (although I think there is great benefit from learning to do cold calls). Sounds like Donors Choose or Kickstarter for student led projects. MVP built by school age co-founder over the weekend and have already raised money via the platform. One unstated benefit is less “shrinkage” or increased traceability for funds raised. Revenue model is commissions plus ads.
SociabO – mobile app for real-time matching of groups in realtime. Add your friends that your with to your group and see which groups are near by. All in real-time and with your phone. Groups have to accept invitations to reveal actual location. I’m not clear on the competitors although I think there should be a business in this space for sure. I imagine it tends towards winner take all? I wonder if they can add a component that makes it more social acceptable to “hang out” on the service without seeming overeager? Like the presentation – funny and to the point although did not explain the ad-based revenue stream completely. The demo of the app was a nice touch.
Social Plan.it - social trip planning. Drag and drop clippings around the web. Like YellowPen for travel research. Allows you to order activities and produce a clear calendar. I assume ad supported?
ShugaTrak – blood sugar level check compliance for teens. Service includes app and website. Parent and teen agree on criteria and rewards. App tracks progress by loading result directly from glucosemeter to app via phone interface. Revs from test strip companies, insulin mfgrs. Working with new haven jdrf. 100 visits to site built this weekend. Communication to parent via phone activity/inactivity. Revenue is advertising or subscription. [This company write-up ghost written by Paul Hughes as I had to run out to next appointment.]
Which one is your favorite?