Serial entrepreneur, restauranteur, and startup junkie Andrew Batey, the cofounder of Los Angeles startup Hater, credits Maryland startup CoFoundersLab with helping to lead him to Jake Banks the founder of Hater. We ran into Batey talking with Shahab Kaviani, the founder and CEO of CoFoundersLab at TechCrunch Disrupt NY 2013.
Batey and Kaviani were talking about how CoFoundersLab is way more than just a place to find co-founders. There are several startups in the “cofounder finding” space. One of the most popular ones is Silicon Valley based FounderDating. Many entrepreneurs feel that FounderDating is too selective and doesn’t reach the core of the startup community.
Community is what drives Kaviani who’s already had his successful exits and is working on CoFoundersLab to help startups find the perfect team.
CoFoundersLab helps link cofounders through a profile based system. Kaviani is quick to point out that the perfect cofounder may not be that friend or relative you think you want to start a company with. Through their online system and their in person events, hosted in 25 cities so far, CoFoundersLab is about linking real people with each other to foster great ideas.
The non elitist community at CoFoundersLab is over 10,000 members strong and to date has helped 100 teams form. One startup founder came over to Kaviani’s TechCrunch Disrupt booth to tell him that not only did they cofounders find each other on CoFoundersLab but to date the team has raised over $2.7 million dollars.
CoFoundersLab is also about the community. In addition to finding a cofounder you may find other key team members within the community or find a community member that can help you get over a hurdle or a pivot.
CoFoundersLab was a finalist in the Startup Maryland, Pitch Across Maryland bus and they are also a member of the Fort in DC which is now housed at 1776.
It’s free to join CoFoundersLab however there is a pro membership available too that gives founders access to personality assessment tools and other tools to refine the cofounder search. There is a small fee, usually ten bucks or less, for their in person events.
Kaviani founded CoFoundersLab after realizing it was the founding team at the first startup he was part of, HyperOffice that became the widely known WebOS.
In 10 days thousands of entrepreneurs will convene in Columbus Ohio for the biggest celebration of African American entrepreneurship in the country. The Black Enterprise Entrepreneur’s Conference and Expo is four days of celebrating startups, and small businesses led by some of the brightest entrepreneurs in the country.
Names like Robert Johnson (BET), Daymond John (Fubu/Shark Tank) and Magic Johnson are staples within the pages of Black Enterprise Magazine and in the halls of the conference in years past, and present.
One of the biggest attractions at the conference is the Elevator Pitch Competition. Entrepreneurs with new startups and small businesses have 60 seconds to pitch a vetting panel and if selected, a panel of judges on site at the conference. 10 semifinalists have been selected from across the country. Those semifinalists will have 60 seconds to pitch the judges. Then, they will eliminate five of the semifinalists and the remaining five will pitch the judges for 30 seconds. After the 30 second pitches, there is a Q&A session with the judges and then one entrepreneur will win $10,000 to help grow their company.
Danielle Inez, Memphis native and founder of Pink Robin Avenue, has been selected as one of the ten semifinalists. Her startup is a tech hybrid that allows users to order everything they need for the perfect party online and in one box. Their favors, decorations, theme pieces, and everything else they need for the perfect event is then delivered to their home.
Inez initially pitched the concept in Memphis at the Upstart 48 Hour Launch in December. Her idea was quickly chosen to develop out over the 48 hour hackathon. By Sunday afternoon she had won the weekend competition. Early feedback recognized how valuable Pink Robin Avenue would be, especially for busy people.
The founder is also key to the success of Pink Robin Avenue. Inez owns a PR company that specializes in high profile, luxury and celebrity events. Inez also spent part of her career as a wedding planner with exquisit taste and is incredibly organized with an eye for design, and detail that many people are just too busy to notice.
Inez is a busy woman. She spends her days tending to the details of her PR firm, diPR which includes a mixed portfolio of clients that touch the luxury world, celebrities and even non profit organizations. She spends another full time jobs’ worth of hours working on Pink Robin Avenue.
Although relatively new to the startup space, Inez has been an entrepreneur her entire life. She got a taste of entrepreneurism and non profits when she started a company focusing on mentoring with her mother. Inez put herself through college helping people plan weddings, events and eventually pivoting that business to the PR company.
Now Inez is ecstatic that a magazine that’s been inspiring her since high school has selected her in the contest. “I’m amazed! I’ve followed the contest for a couple of years and I’ve read the magazine since high school. I’m so happy to be able to represent my city and my network of entrepreneurs from the main stage.” Inez told nibletz.com in an interview.
Inez brings a well versed pitch with a bubbly personality, and she knows her stuff, but above all she’s a fierce competitor; “I’m extremely competitive, so first and foremost, I wanna win! This is also an incredible opportunity for exposure for my business and myself; I plan to plant the seed for potentially valuable connections. Last – but certainly not least – I hope to inspire someone else to step out of their comfort zone and take advantage of the platforms that can help grow their business.”
Inez is one of the founding members of Memphis’ Upstart program. Upstart is initiative set in place by Launch Your City and focuses on empowering women entrepreneurs. Elizabeth Lemmonds is the Chief Relationship Office for Launch Your City and the Director for Upstart. She’s been working closely with Inez since December.
” Ever since Danielle brought Pink Robin Avenue into the Launchpad and to our female founder 48 Hour Launch, I’ve been impressed with both her concept and her sheer tenacity. This remarkable opportunity is a testament to both. I’m proud to have worked with her and look forward to the huge things ahead for Pink Robin Avenue!” Lemmonds told us.
Inez’ Pink Robin Avenue and other startups like Mentor Me, currently accelerating in the Seed Hatchery program are a testament to the fast success Upstart Memphis has seen.
The finals for the Black Entreprise Elevator Pitch contest are bitter sweet for Inez who will miss Seed Hatchery’s Demo Day while she is pitching in Columbus at the Black Enterprise Event. “I can’t believe I’m going to miss Brittany’s pitch (Mentor Me), Brit’sbusinss has evolved into something that seems incredibly profitable”. Mentor Me was one of the other startups selected to build out at that Upstart 48 Hour Launch event where Pink Robin Avenue was born.
Here’s Pink Robin Avenue’s second ever pitch at 48 Hour Launch.
We love talking to British entrepreneurs and founders, it’s just something about the way they say process that makes them seem so professional and articulate. The same goes for Jonathan Knight the cofounder and CEO at Qmee. Knight was quite animated when he told us that Qmee was based in Gloucester England, in the countryside where they have cows and hills, but very few tech startups.
So it was the perfect place for Knight and his co-founder Nick Sutton to launch an internet startup. What amazed me was the idea that these guys have come up with.
Qmee is a platform that pays you to search for stuff on the internet. It works with all of the big search engines like Google, Bing, Amazon, Ebay and Yahoo.
Once you install the browser plugin everything magically happens in the background. When you search for something that Qmee has advertisers for you will see an unobtrusive sidebar on the left side of your browser. This sidebar serves up relevant ads and alongside those ads is the amount that you’ll actually get paid for clicking through to the ad. Now this isn’t some kind of crazy deal where you only get paid if you agree to three offers that will set you back $1000 this is pretty simple, search, click, get paid.
One of the best parts about Qmee is that users can take their payments whenever they want. Payments accumulate in a “Qmee Piggybank”. You can look at your piggy bank balance anytime you want and see what you’ve made so far. Whether it be $80, $800 or 80 cents, you can have Qmee pay you via paypal whenever you would like.
Not bad for some guys from the British countryside right?
Check out our interview with Knight below and for more information visit Qmee.com
Here are over 25 great startup stories from TechCrunch Disrupt NY 2013
Luca Parise was working at a nice cush job in Sao Paulo Brazil for FRAM Capital, an investment management firm, when he decided to launch his own startup in the art world.
Nailonwall helps take the offline world of Latin American art and put it online for people around the world to find. But Parise doesn’t see it as a show and tell site by any means. He’s hoping to apply what he’s learned in the finance world to Nailonwall because “Art is a huge market and an investment opportunity”, he told us in an interview.
Parise hopes that by linking the Latin American art world to art collectors and investors globally artists’ works will become worth a lot more. So in affect Nailonwall is an entire art marketplace rather than just a showing of art work from Latin America.
Parise hopes to bill $500,000 in commission from helping to facilitate the sale of the artwork on nailonwall, this year, according to Portugese site exame.com.
There are several art marketplace startups out there, but so far none that have focused on artwork in Latin America.
Check out our video interview with Parise below, and for more info visit nailonwall.com
This year marked my third trip to TechCrunch Disrupt NYC and my 7th trip to a TechCrunch Disrupt event overall. Typically we expect to see some cool big data startups, social mobile startups, food startups and over the last two years, hardware startups. I don’t think in all the startup events I’ve ever been too, I’ve seen anything quite like Dialexa.
Dialexa is a startup themselves, but what they actually are is a technology development company. The company, formed by entrepreneurs Mark Haidar and Scott Harper, Dialexa was founded upon recognizing a huge market demand for innovative and scalable technology solutions. Mark and Scott serve as Co-CEOs jointly spearheading operations, strategy, local and international sales, product development and engineering for clients and Dialexa Labs.
Harper and Haidar met each other at 2GO Software where Haidar was the CTO and Harper joined as Head of Operations. 2GO was the recipient of the 2010 Honeywell Scanning and Mobility ISV Partner Of The Year.
Prior to meeting at 2GO, the founders had a multitude of experience in technology and starting companies. Previously Mark led the development of a state of the art research and development project for the US Army Tank Automotive Research Development Engineering Center (TARDEC). He was able to successfully research, design, develop, and validate an original service-oriented intra and inter-vehicle communication system for transportation, robotic, and military systems. This technology enhances each vehicle’s situation assessment and awareness in military combat situations and has the potential to help create safer and more efficient highway systems. Scott previously started a web based marketplace for tutors in the college tutoring market, a web based suite of software tools that helped non-profit organizations enable their supporters to give money for free, and was part of an initiative to start up a bank focused on the medical community that heavily leveraged technology and eventually led to the buyout attempt of a several hundred million dollar bank.
So what are they working on at Dialexa? Oh just little stuff like:
A surveillance and protection system for the Nigerian navy. The Nigerian navy is losing $6 billion dollars a year in crude oil. They don’t have the man power or equipment to cover their entire shoreline. Dialexa is developing a system using drones, small submarines, cameras and a monitoring system to alert the navy when people, or machines are stealing their oil.
They also have a GPS system in the works that will allow someone to track anything. The system can track packages, people, kids, money in armored cars, etc. What’s unique about this system is it’s designed to require just a charge once a week and works through a variety of mobile systems.
They also have a system in development that will print 3D teeth from 2D scans. Haidar told us in an interview the entire process of evaluating a tooth for surgery could take months. Now it is down to just hours.
Haidar credits the team they’ve assembled to the success they’ve had so far and the team continues growing. No project or startup is too big or too small for Dialexa. They even have your general mobile startups within their portfolio of companies that they are helping take to market.
Watch our video interview with Mark Haidar below and for more information visit dialexa.com
Summit founder Jeff Rosenthal and Skrillex, interview each other at IMS Engage (photo: billboard.com)
Sonny Moore, who’s much more widely known as electronic artist Skrillex, was part of a fireside chat at the IMS Engage event in Los Angeles last month. IMS Engage is the International Music Summit’s event that bridges music, technology and innovation. To give you an idea of the scope, in addition to this fireside chat with Skrillex and Jeff Rosenthal, Instagram co-founder Kevin Systrom, had a fireside chat with Diplo at the same event.
The interview opened with the usual background story that Skrillex tells, but they spent less than five minutes on the background. Skrillex seemed more impressed with what Rosenthal and his co-founders with the Summit Series have done as entrepreneurs and innovators.
The Summit Series is a series of events created by Elliott Bisnow, Ryan Begelman, Brett Leve, Jeremy Schwartz and Rosenthal. They wanted to create networking experiences for young entrepreneurs, not just run of the mill conferences. Their first event was a free ski trip to Park City Utah and had just 19 attendees.
Now they’ve grown into a global organization with headquarters in Malibu. Tony Hsieh, Russell Simmons, Imogen Heap and Dhani Jones have all attended their events. They were also able to garner support from former President Bill Clinton.
They are now preparing on their next big thing which is purchasing a mountain ski resort to create an innovation city.
Skrillex spent a majority of the interview actually digging this information out of Rosenthal. While Skrillex has also taken on building community and creative space for electronics “in the box” musicians in Los Angeles, he resonated with the entrepreneurial growth inspired by the Summit team.
Rosenthal talked about how he and his co-founding buddies had maxed out their credit cards and gone in debt on their first couple of events. Skrillex said he can totally relate having been in debt $50,000 just 1000 days (three years earlier). Like a true entrepreneur, Skrillex leveraged everything he had to build his artisti base. He had rented a warehouse and lived in it with his buddies. The warehouse space served as studio space and at one point Skrillex was evicted. He finally started making money and had $1 million dollars in the bank and then he made a conscious decision to blow all of that money on production giving his fans “the most incredible shows in the world”.
Skrillex credited Hypem the music blog aggregator and Soundcloud with helping bring him to fame.
Rosenthal and Skrillex both agreed with musicians and entrepreneurs it’s all about a body of work.
Towards the end of the conversation Skrillex asked Rosenthal why they created the Summit Series. Rosenthal replied that at first it was for them, they didnt have a peer group. “We like to connect and inspire the thought leaders of our time” Rosenthal told Skrillex.
Really this is a great interview, Skrillex is so passionately into what Rosenthal is doing, and really this was a fireside chat, not an interview.
When we spoke with PayTango co-founder Brian Groudan at TechCrunch Disrupt he acknowledged how crowded the biometric mobile wallet space has gotten after their videos and pitch decks started popping up online. We talked about New Jersey startup PulseWallet, that we met at CES 2013 and Groudan pointed out another biometric mobile wallet startup that was also in the Startup Alley at Disrupt.
PayTango was one of the first in the space and for now they are focused on smaller networks where they can really get a feel for the technology and what it can do.
What is PayTango and a biometric wallet?
Well by now everyone has heard the term mobile wallet. We all know that you can use your NFC enabled phone and other forms of mobile commerce without having to bring credit cards along. What PayTango and other startups in their space hope to do, is to eliminate the wallet altogether and use your finger print as your wallet.
Using a biometric wallet is not just easier and more convenient but it’s a lot safer when it comes to fraud.
PayTango tested on the campus of Carnegie Mellon University and has also tested in some health clubs as well. While students who signed up for the beta can use their finger print to pay for meals, there’s also the capacity to store your entire academic history in the cloud, accessible by finger print.
While only saying that PayTango is looking at a lot of different uses, it’s easy to see that the team behind PayTango is looking at a much bigger picture than just syncing your American Express card with your index finger.
Groudan was actually excited about all the competitors in the space because it gives PayTango more market validation.
Check out our interview with Groudan below and for more info visit paytango.com
The old lady in “The Clapper” commercials would be very proud of Israeli startup, ClapTo. We found them in the Israeli pavilion at TechCrunch Disrupt NY 2013.
Shay Dadush, the founder of ClapTo, created the starutp after experiencing a real world problem that many workers face. Whether you work in a customer service center, data entry office, or coworking space, if you work with headphones on, communicating within the workplace can be a challenge.
“Sometimes you think someone wants you and they don’t, other times the boss wants you and you don’t hear them” Dadush told us at Disrupt. That’s why he created ClapTo.
ClapTo is a piece of software that fits ontop of your audio settings and listens for two claps in a row. If ClapTo hears the right claps then it quickly pauses whatever audio source you’re listening to so that you can hear what’s going on around you. Now all Mr. Lumbergh would have to do is clap two times to cut your music off so he could ask you to work this Saturday.
Dadush tells us that ClapTo knows the difference between the clapping, and someone making a loud bang.
This seems kind of cool but if ClapTo builds massive scale what’s going to happen when 30 people in the office have it installed and someone claps. Tell us what you think of ClapTo in the comments below.
Here’s the video, you can find out more at clapto.com
The nest thermostat was the coolest piece of hvac innovation ever. It’s got a beautiful design and the functionality is amazing. Now if you’re not familiar, Nest, learns the behaviors of those in the house and programs itself to optimize your comfort and energy in regards to your heating and cooling.
What New York entrepreneurs Ryan Fant and Nayeem Hussain have discovered, is that the thermostat is only about half the problem. Energy loss and discomfort also stems from the vents itself. Nest, controls the heat pump or the ac unit. The vents are controlled manually.
“We found that just by closing four vents in an average-sized home, we’ve reduced the run time of the furnace by about 30 percent,” Fant explained in an interview. “So not only were we redirecting air to rooms that were actually in use by intelligently closing vents, we were increasing efficiency, as well.”
Their vents can be controlled by smartphones, learn a users behavior and open and shut automatically based on imported data. Overall this will improve the energy efficiency in homes and make them more comfortable.
The duo are predicting a 32% reduction in run time on hvac units thus resulting in money and energy saved. Vents haven’t changed in 60 years they’re basically the same design. When making their pitch it’s obvious that they are looking to the immediate future as smart homes become more mainstream and less sci fi.
In an interview with Nibletz Hussain tells us that the Keen Vent is just the beginning. Their next products are equally as simple, and equally as life changing. Check out our interview below and for more info visit mykeenhome.com
Ping Pong is a right of passage for some early stage startups.
As startups grow up and move out of the spare bedroom or the garage they look to make their first office space more “startupy”. Often times you have to do it with a budget. So what does a bootstrapped startup do to give their new office the “startup feel” without breaking the bank on some full sized upright arcade machines, or the latest virtual reality gear?
Well the “pop some tags” of course, and go for the ping pong table.
Over the last 18 months, travelling on our “sneaker strapped road trip” I’ve become actually decent at Ping Pong. I think we’ve seen over a 100 ping pong tables at various startup spaces. It’s funny how HD Tvs and Nintendo Wii’s can sit dormant forever, but find a few developers and designers and when they take a quick work break it’s for a fast game of ping pong. (we’ve been informed that the table tennis snobs don’t like it when rec players call it “ping pong”)
Well we got a tweet as TechCrunch Disrupt NY 2013 was starting. The tweet, from PaddleYou, told us to come by their booth at Hardware Alley on Wednesday, they had something for us.
So of course, the first thing we did when we arrived at the Manhattan Center was go find that PaddleYou booth. PaddleYou’s Cooper Fallek showed us the awesome Nibletz ping pong panel and explained the features. This paddle will make us beast on the table tennis courts of startups everywhere else.
Check out the video interview below. For more info or to order your own custom ping pong paddle, visit paddleyou.com
Lost and found is pretty boring and in a lot of respects, un-effective says Pinaki Saha CTO and co-founder of Chicago startup Crowdfynd. Currently, the traditional vehicles for lost and found are not nearly as effective as they could be using the broad scope and reach of the internet.
Unfortunately too many of us know the ritual of printing out signs for a lost dog or cat and stapling them to every tree and lamp post in the neighborhood. We also know too well that losing something of value can prove fruitless unless you happen to stumble upon some very honest people. In other cases, items that some people have lost are extremely valuable to them, and could be perceived as junk to others.
Sure there is a lost and found section on Craigslist but even the most regular of Craigslist users don’t check that section everyday. So why not create an app for that.
That’s what Crowdfynd is all about. It’s a social platform and community using the crowd to help locate the things you lose or find. It can also be used for crime reporting.
How it works.
Using your iPhone or Android device you can report things you’ve lost or found. You can upload pictures of the lost item if you have them, or pictures of where you think you may have lost an item. You can also upload pictures of things you find. Crowdfynd connects the finders and the losers to make a match and get things back to where they belong.
Saha says that Crowdfynd offers social, local, mobile and 3.0 components to make it stick. They also have a reward platform as well. People who lose items can offer a reward and collect it through the system insuring the safe return of the item. Saha has found people are offering rewards in the hundreds of dollars. He says that cat owners are offering rewards in the thousands of dollars.
They also have an offline hybrid where someone who loses something can print out signs to hang up in the neighborhood that directs them back to their Crowdfynd page.
People are chiming in because there’s a “Goodwill” factor about helping people. Crowdfynd is also hoping to partner with businesses too like cab companies, airports, hotels and restaurants where people are known to lose things. They hope by building up their network that they can be the one destination for people who lose and find things.
In order to do this though, Crowdfynd is going to need to build tremendous scale, very quickly. Saha says they’re prepared for that and have a lot of money they are going to invest in marketing and getting the name out there. They plan on unveiling the service in Los Angeles, New York and San Francisco to compliment their first market, and their home market, Chicago.
Check out our video interview with Saha below and for more information visit crowdfynd.com
When our good friend Donna Harris left Startup America earlier this year we were really excited about what her and Washington DC Startup America Champion Evan Burfield were going to build. Now 1776 is a reality and the nation’s capital, and the nation for that matter are talking about it.
Back in March we brought you an interview with “Her Story” our first 1776 interview.
For those not in the know 1776 is Washington DC’s new startup and entrepreneurial epicenter. Think event space, co-working space, and incubator. 1776 is the heart of DC startups, in fact DC Mayor Vince Gray sported a 1776 T-Shirt while perusing SXSWi.
While 1776 is on this leg of the sneaker strapped startup road trip we were ecstatic to meet quite a few DC entrepreneurs who roam the halls of DC’s new startup space. Our good friend Brian Park with Startup Grind DC, was volunteering at Disrupt. He holds the Startup Grind DC events at 1776.
We also met Kevin Ostrowski and Gary Mendel, who’s startup YoPine is a resident at 1776. Kevin is still based in New York but Gary works out of 1776 which is where YoPine is officially headquartered.
YoPine is the first (of many) mobile apps that do polling correctly.
How does it work?
Say you want to find the best place to watch the Washington Redskins play on any given Sunday. Typically if you sent out a group text you would get 100-300 messages back with most people taking 3 or 4 texts just to answer the question. Then you would have to circle back with all of those texts and keeping that organized can be a complete mess.
With YoPine you simply ask your contacts through the YoPine app. If your contacts have YoPine they will answer via app and if they don’t they can answer via text message and mobile website.
You set up the question, input some possible answers, select the contacts you want to poll and hit send. Voila, you’ll get the results you’re looking for quickly. You can then send the results back out to everyone that participated.
YoPine’s UI and functionality are much better than any of the “hot or not” clones we’ve seen to date. There is huge potential in the platform. We’re sure there’s a reason that a social polling platform is headquartered in the political capital of the world (wink,wink). Check out our interview with Kevin from TechCrunch Disrupt NY 2013 below. You can find out more at YoPine.com
On Tuesday at TechCrunch Disrupt, co-editor Alexia Tsotsis moderated a VC panel with Mike Abbott (Kleiner), Aaref Hilaly (Sequoia), Naval Ravikant (AngelList) and David Tisch (Former Techstars now Box Group). The panelists discussed everything from what they are looking for in startups, to who should pitch them. At the end of the panel they discussed the big discrepancy in women vs men in the venture backed world.
On Tuesday we showed off this clip of David Tisch, talking about one of his biggest pet peeves about VC’s and women entrepreneurs. He’s witnessed (and so have many of our followers), VC’s tell women entrepreneurs that they need to bounce the idea off their wives. Tisch, called it like he saw it saying this tactic was bullshit. You can see that video here.
Abbott basically said they’re looking for the best ideas from the best people and those people could be men, women, black, brown, white, green or polka dotted, it doesn’t matter. Which is a really good position to take.
What Hilaly pointed out was the fact that we need more women engineers and more women entrepreneurs. At one point he challenged everyone in the audience to learn how to code.
Hilaly cited a statistic that only 12% of computer science graduates are women and that number needs to be more like 50%. There are great programs out there empowering women, at the youngest ages, to learn how to code. Code Academy and Girls who code clubs are great. Hilaly challenged everyone in the audience to help launch a Girls Who Code club at their local high school. Obviously, computer science needs to be embedded in anyone at an early age.
“If you have a daughter ,niece or friend, encourage them” Hilaly told the audience that this gap in computer science fields is a problem that everyone can help with.
Check out the video clip below.
Memphis native Kim Bryant was recently named to Business Insider’s most influential African Americans in Technology list for founding Black Girls Code.
Public data is a huge gigantic mess. Some municipalities offer everything in indexed searchable sites, while others send you cd roms of property values and tax records. Still, some municipalities require that you go down to their town hall or courthouse and sift through filing cabinets as if they’re trapped in the 1970s.
Cumulatively you’re talking about 100’s of millions if not millions of records of data, and none if it’s uniform. It’s possibly the largest big data project in the world. An ambitious project, taken on by Hicham Oudghiri and Marc DaCosta co-founder sof Enigma.io, as well as CEO Jeremy Bronfmann.
There are mountains upon mountains of public data. What is “public data” it’s really determined by the municipalities themselves. For instance, tax records, property records, marriage licenses, etc are just about public data in every town and city across the country and around the world. In some municipalities though, restaurant food scores, public transportation records and even dog licenses are considered public data.
Sure there are scammy data sites that off-shoot to wanna be background reports, but Enigma is out to do something bigger. They want to create an entire new layer of the internet in the next five years.
Enigma has already raised $1.1 million dollars in seed funding from Triple Point Ventures, CrossLink Capital, and angels like YouTuber Brent Hurley. They’ve also inked some important partnerships with Harvard Business School, Gerson Lehrman Group (a research firm), S&P Capital IQ and The New York Times.
One of the challenges Enigma faces is the rapid rate at which more and more data is released to the public. Yet another thing that Bronfmann says their team is ready for.
Enigma started to amass this huge collection of data by sending a ton of Freedom of Information Act requests. They’ve had to compile the data in one simple, easy to use format even though it comes in a variety of sources. Bronfmann told us in an interview that some data even comes on “print outs”.
The scope of what Enigma is looking to achieve along with the powerhouse team and the work they’ve done to date, was enough for them to win the TechCrunch Battlefield competition on Wednesday. That honor comes with a $50,000 non-equity prize and of course startups that have won in the past like UberConference and GetAround, have gone on to raise huge rounds.
Check out our interview with Bronfmann below and sign up for more info about Enigma here at enigma.io.
Kyle
Serial entrepreneur, restauranteur, and startup junkie Andrew Batey, the cofounder of Los Angeles startup Hater, credits Maryland startup CoFoundersLab with helping to lead him to Jake Banks the founder of Hater. We ran into Batey talking with Shahab Kaviani, the founder and CEO of CoFoundersLab at TechCrunch Disrupt NY 2013.
CoFoundersLab helps link cofounders through a profile based system. Kaviani is quick to point out that the perfect cofounder may not be that friend or relative you think you want to start a company with. Through their online system and their in person events, hosted in 25 cities so far, CoFoundersLab is about linking real people with each other to foster great ideas.
