Startups Archives - Page 60 of 144

Memphis Startup Restore Medical Raises $2.5 Million Seed Round

Restore Medical Solutions, Memphis startup, Zeroto510,funded startup

Shawn Flynn (L) Ryan Ramkhelawan (R) founders of Restore Medical Solutions

Memphis’ startup community has kicked it into high gear as of late. In 2012 Launch Your City, the organization behind the Seed Hatchery starutp accelerator, the Launch Pad free coworking space and Launch Memphis, the curriculum arm behind Memphis’ startup ecosystem, had a big year. They saw two cohorts go through their Seed Hatchery program this year. One group of web/tech entrepreneurs took their startups through Seed Hatchery. The other group went through a collaborative effort between Seed Hatchery and Memphis BioWorks called Zeroto510.

The Zeroto510 program is a medical device startup accelerator that relies on Bioworks for the medical part and Seed Hatchery for the startup, and business development portion of their training. After a rigorous accelerator program, and an intense demo day in May, the six startups in the program saw 85% follow on funding. Four of the graduating startup companies received $100,000 investments from MB Ventures and Innova. The fifth startup, Restore Medical Solutions, raised a $2.5 million dollar Series A round.

It’s no wonder that Restore Medical Solutions was able to close such a large round. Co-Founder Shawn Flynn announced that the company had a $3.75 million dollar purchase order, during his investor day pitch.

Restore Medical Solutions has come up with a concept and system to more efficiently sterilize surgical instruments. When we first met with Flynn and Co-Founder Ryan Ramkhelawan explained that not only was the current system for sterilizing surgical instruments filled with flaws, to a degree it’s also dangerous.

Currently surgical instruments are grouped in sets according to the surgery that the operating room is performing. The instruments are kept in a sterile container/tray until they are brought up to the surgical suite and used. However, if one piece of equipment is either missing, or shows signs of not being completely sterilized, the entire set is deemed unusable and another set is ordered up.

The problem with that is most hospitals don’t have a bunch of reserve sets for the operating rooms. The sterilization team has put together the sets based on that days surgeries. Waiting on instruments to be re-sterilized and recompiled can take hours. At that time the patient is either kept under anesthesia or they are woken up, either option can have risks.

Not only that but some hospitals still use sterilization procedures that are likened to the way silverware is washed in a restaurant, everything dumped on one big tray and run through a dishwasher type sterilization machine. The problem with that is the instruments at the bottom may not be as sterile as the instruments on the top. This is often the cause of hospital born infections.

Restore Medical Solutions system makes the process quicker, more efficient and completely sterile.

Flynn and Ramkhelawan get anxious and excited when talking about their process and the upside potential for hospitals. With the reduction in time, the more efficient sterilization and the cut down on infections, Restore Medical Solutions is in the business of sterilizing instruments, but more importantly to the bottom line, driving costs down. Quicker turn arounds in the sterilization process also mean quicker turn arounds in the operating rooms, and more surgeries.

How much money? We’re not talking a thousands here or a thousand there, we’re talking tens of millions of dollars per hospital.

The duo behind Restore Medical Solutions has already pitched a number of hospitals in Tennessee and along the east coast. To date they are proud to announce that they’ve at least secured a follow up meeting and in other cases, purchase orders.

While a $2.5 million dollar Series A round is great for the company and will allow them to start producing to fulfill their purchase orders, it wasn’t always easy. Both Ramkhelawan and Flynn quit their good paying day jobs in Atlanta to relocate to Memphis for the ZeroTo510 program. The program gave them a $50,000 seed round but waiting for that initial funding they were sneaker-strapping it like the rest of their cohort.

Both men left families back in Atlanta and Ramkhelawan and his wife had just had a new baby daughter. With kids, families, and houses in Atlanta these two middle aged entrepreneurs set out to live the ramen noodle eating, hipster lifestyle. They immediately went on the grind to make things happen.

And happen it did.

After finding out about the ZeroTo510 program from a friend of Flynn’s who has a marketing business in Memphis the two made the trip to Memphis to scope out the city and the program. They immediately fell in love with the town. They are sharing an apartment literally within feet from the new corporate headquarters for Restore Medical which officially opens Friday.

For what they’re doing, both entrepreneurs admit that the Memphis startup ecosystem is further along than things are in Atlanta. New initiatives have begun in Atlanta which will be great for the region but Memphis is already doing it. Also, Jackson Tennessee is doing it as well. Both entrepreneurs spend time in Jackson, helping to further that cities entrepreneurs along as well.

Flynn and Ramkelawan give a lot of credit to Launch Your City’s Eric Mathews and Bio Works’ Allan Daisley who were instrumental in the Zeroto510 programs inaugural class.

Linkage:

Check out Restore Medical here

Check out Zeroto510 here

Apply for Seed Hatchery’s next session here

No one covers high growth tech in the south east, like nibletz.com

Come to Memphis for this big gigantic startup conference here

UK Startup: Charity Kick, A Fundraising Platform With A Daring Twist

You know that crazy guy or gal in your group that will do just about anything? All you have to do is dare them? Well imagine if those dares could be done for pledges and the pledges were made for Charity? That’s the idea behind UK startup CharityKick.

Do you want to dare someone to bungee jump from a crazy place? Would you like to dare someone to eat 27 hot dogs in one sitting? Whatever the dare, you can raise money to entice someone to do it. But with CharityKick, the dare doesn’t actually have to take place.

For this to work you have to find someone daring, and you also have to find the dares. From there you can make a go out of fundraising by encouraging people to pledge money for the dares to be fulfilled. Take the hot dog guy for instance. Once someone accepts the challenge, you set up a pledge page and call on that persons friends, family members, co-workers, and heck, even complete strangers, to sponsor the dare. Once the dare is set, people can pledge funds for charity to egg the person on to do the dare.

Mat Wurm and Greg Fournier are the two crazy social entrepreneurs behind this big idea. They’re currently based in the UK but are establishing a presence in the United States as well. Of course everyone knows how crazy we Americans are.

We got a chance to talk with Fournier about Charity Kick. Check out our interview with him below.

Easily Build Facebook Fan Page Apps With Norwegian Startup iFrapp

More and more businesses, artists, musicians and even people are turning to Facebook fan pages to engage their audience. With that, the use of apps on Facebook Fan Pages continues to increase as well. It seems more and more people with Facebook fan pages want to engage their audience by holding contests, showing off products, embedding videos, sub pages, surveys and more. However most people think they can’t design these things on their own.

Well now they can, thanks to Norwegian startup iFrapp.

iFrapp is a do it yourself app builder for Facebook fan pages. It lets you take multiple types of engagement from your Facebook page, easily put together new features and then align them with your current themes and backgrounds.

The team at Norwegian social web agency Fennek and Friends created the startup to help companies big and small, increase their engagement on Facebook fan pages. They used their mix of experience in development, social media, innovation and marketing to come up with the tools baked into iFrapp.

We got a chance to talk with the team behind iFrapp, check out the interview below.

California Teenage Serial Entrepreneur Creates EdTech Startup StatFuse

Jeet Banerjee is a 20 year old entrepreneur from Fullerton California, a town outside Los Angeles. He started his first startup at age 17 and sold it. Since then he’s had numerous other innovative ideas and he’s also written a book called “The Pursuit of Passion: Entrepreneurs Guide To Turn Hobbies Into Successful Businesses.”. Now he’s teamed up with 18 year old Supan Shah to create an EdTech startup called StatFuse, that really benefit students in their age group.

Their idea actually came out of a bet. Shah bet Banerjee that he could get into Harvard. There was a lot riding on this bet and neither young man wanted to wait the four months it takes to find out if he was accepted. They were shocked to find there wasn’t a website where they could quickly enter grades, extra curriculars and test scores to see if getting into Harvard was even a possibility.

Like all other great startups, this idea steam rolled into an entire suite of patent pending tools for prospective college students to use. Now StatFuse can estimate your chances at getting into a school, keep track of your applications, provide tips to improve chances of getting into colleges and even give virtual campus tours.

While there are other college preparation tools out there, StatFuse has been created by two incredibly intelligent founders who are currently at the age where their tools would be the most relevant.

We got a chance to interview Banerjee, check out our interview below.

Replace Your Next Events Sign In Sheet With Dallas Startup SimpeSign.In

A brother and sister founding team have come up with a new Dallas based startup, SimpleSign.in, that will replace the sign in sheet for your next event. We know that eventbrite has event management tools like sign in sheets, however SimpleSign.in allows groups and event organizers that don’t need everything else that comes with eventbrite to have an equally as easy to use sign in system.

Once on site, event attendees can use their smartphones to sign in to your event. Once they’re signed into the event they are “logged in” to the event. You can use this “login” to hold votes during your meeting and solicit instant feedback through the course of your event.

Professional and civic organizations, universities, clubs, churches, conferences and businesses can all benefit from the ease of use of SimpleSign.in

Simplesign.in has baked in features of much larger event software into something that can be used and planned for well in advance or set up on the fly.

Users hosting an event just log into simplesign.in and from their they can create an event in under a minute. An event host can set up how much info they want to capture at sign in including name, phone number, address, email address and other fields. When attendees arrive they’ll either scan the events QR code or insert the events password and then they’ll be logged into the event.

After everyone has signed in the event organizer will be emailed a .csv spreadsheet file that has all of the information they requested when they set up the event.

When event hosts use simplesign.in for the registration process ahead of the event the organizers can use the spreadsheet to create email lists, name badges and other important documents that go along with an event.

Nate Bleker and his older sister Anna Bleker are the founding team behind simplesign.in. Nate is handling the technical aspects while the design is being handled by Anna.

We got a chance to talk with Nate about SimpleSign.in, check out the interview below.

Accelerate Your Startup In Hawaii, BlueStartups Now Taking Applications For Spring

Who wouldn’t want to accelerate their early stage startup surrounded by blue water, sandy beaches and the tropical paradise that is Hawaii? Well we just heard, by way of our friends at Alohastartups.com, that Blue Startups is now taking applications for it’s Spring 2013 accelerator class.

Blue Startups is a member of the Global Accelerator Network (formerly TechStars accelerator network) and with that you get the standard $20,000 seed investment and $100,000 in services including things like web hosting, $60,000 in Microsoft Azure credits, $12,000 in SoftLayer hosting, $10,000 in PayPal transaction credits, as well as some other great business services that will help your startup.

The spring cohort will run from February 8 through May 9 2013 with Demo Day happening May 10th 2013. Brad Feld will be the keynote speaker at Blue Startups demo day.

Blue Startups features a mentor network of over 50 leading mentors reaching from China, Japan and Silicon Valley.

They will host up to 10 startups in their spring session and have work space available for up to three people per startup team. They will also have one on one meetings with an assigned mentor every week who will help develop the startup and the startup team and follow their progress throughout the session. Other mentor sessions will be available throughout the course of the program.

The early application deadline is December 15th with the final deadline January 15, 2013.

Linkage:

Learn more about Blue Startups here

Apply for their spring session here

More startup news from everywhere else can be found here

The biggest startup conference in the U.S. can be found here

Ottawa Startup NoteShares Wants Social Document Sharing INTERVIEW

Ottawa entrepreneur Brenden Palmer knows there’s a better way to share documents. There’s more to sharing documents than just allowing access. That’s what separates his Ottawa startup NoteShares, from cloud based document storage lockers DropBox, Box.com and their hundreds of clones.

Palmer tells nibletz.com:

“We are not a hard drive in the cloud, and that is not what our premise and model is. We focus on creating a social community around user uploaded content. The point of using the platform is to share your documents and content, whereas other services and platforms like Dropbox, and Box.com simply allow you to have access to that content anywhere (which we offer as well). The differentiator is the ease of use and access that allows you to share this content and these documents with others who are using the platform. We don’t just allow access to share this content, but the social aspect around the document is the most prevalent aspect of our service and platform. Another thing that differentiates us is that we are launching our platform as a free web service.”

We wanted to dive in and make sure that Palmer wasn’t just another DropBox copycat. Obviously DropBox has been very successful and in their success they’ve generated a startup a day.

Adding a social aspect to documents makes them more open to discussion, commenting and discovery. Traditional cloud based lockers are really just dressed up ways to share attachments.

We got a chance to talk with Palmer in depth about Noteshares. Check out our interview below:

Ft. Lauderdale Startup: clearCi Makes Finals In Upstart Competition

Last month we covered Ft. Lauderdale startup clearCi by way of our content partners at StarTropica. ClearCi simplifies competitive intelligence, which for any company, can be a big factor in their success.

Back in the 70’s and 80’s “competitive intelligence” may have been viewed as spying, however it’s common practice in today’s business world, in fact if you’re not doing it you could end up losing customers, and an overall grip on your business. The problem though, is in the fact that there is so much competitive intelligence available. clearCi makes it easy for companies both big and small to streamline their competitive intelligence and find the most important information available, to make decisions.

The young Ft. Lauderdale company is making in impact in South Florida, and now across the country. They’ve been selected as a finalist in not one but four categories in the upcoming 2012 Up-Start Cloud Awards. The finals for the awards will be held in San Francisco on December 12th where Emmanuel Trenche and clearCi’s founder and CEO, Joe Levy, will be on hand to help garner votes and pitch their startup.

“The first round was entirely based on gaining votes from our customer base and general public,” said Emmanuel Trenche, VP of Marketing Communications at clearCi. “Going up against Microsoft, Dell and SIlicon Valley startups made us think creatively to stand out.”

clearCi was selected as a finalist in the following categories:

Best Cloud Business Intelligence/Analytice
Best Big Data Solution
Best Cloud Service Provider
Best Industry Application

Linkage:

Check out clearCi here

Here are more startup stories from “everywhere else”

Are you coming to the largest startup conference in the US?

Startups Get Your Seed Hatchery Application In Before Christmas (Dec 23 Early Application Deadline)

While Santa is making his list and checking it twice, early stage startup founders across the country and around the world are checking off startup accelerators on their list. Seed Hatchery, the startup accelerator in Memphis Tennessee should be one of those accelerators. They’re looking for the type of entrepreneurs that are committed to growing their startup long term and aren’t afraid of hard work.

Seed Hatchery is now taking applications for their third class. The cohort based accelerator will begin in February and run for three consecutive months. At the end of the session you and your company will be ready to pitch real investors for opportunities to invest in your business. In the meantime you’ll be backed by the 3M’s Money, Mentors and a marine style bootcamp, in Memphis.

Although sometimes overlooked, Memphis is one of the most entrepreneurial minded cities in the world. Going back nearly 100 years, Memphis Tennessee was the epicenter for this little thing called “cotton” you may have heard of it. It was cotton and the cotton exchange that spurred one of the largest investment banks in history, Lehman Brothers.

Beyond that, other globally known phenomena like rock music (the blues), Elvis Presley, and R&B radio have their roots firmly planted in the Bluff City.

Is that not enough? Perhaps you’ve heard of this company that delivers packages via planes and trucks, overnight, yes FedEx was born and based in Memphis. Holiday Inn was born in Memphis as was Serv Pro, and Autozone. Even Debbi Fields, Yes Mrs. Fields as in cookies, calls Memphis Tennessee home.

With an entrepreneurial pedigree like that you can be assured that the mentor pool for the 2013 Seed Hatchery CoHort will be stronger than most regional accelerators Seed Hatchery’s size.

Seed Hatchery was the partner for the recent Zeroto510 medical device accelerator in Memphis where 5 of the 6 teams received follow on funding of over $100,000. One of the teams went on to immediately raise over 2 million dollars. While some startup communities are still just getting started, Seed Hatchery is backed by Launch Your City which has been working on strengthening entrepreneurs and their startups for the last six years.

If you’re a Memphis area entrepreneur or in any area and ready to relocate to Memphis it’s a great place to work and a great place to build a business. Not only that, but even though the accelerator is in the thick of the winter, it’s never ver cold in Memphis.

If you’re startup is chosen to participate you’ll receive a seed investment of $15,000, access to a very strong mentor network and a strong investment community. Seed Hatchery is looking for startups that are in the area or willing to relocate for the entire 90 day cohort and stick around Memphis to tap into the investor, entrepreneurial and startup community in the region after that. To kick off your stay in Memphis TN every team and their members selected for Seed Hatchery will receive a free ticket to the three day startup extravaganza known as “everywhereelse.co The Startup Conference” where you’ll get to see the great speakers already announced and have a small group session with recent graduates from TechStars, 500Startups, The Brandery and previous graduates of Seed Hatchery.

Applying is free and the application is open now. It’s not for the faint at heart but if you’re passionate about your idea and hard working, if you’re not afraid of rolling up your sleeves this is for you.

Hit the links below.

Linkage:

Here’s the application for the 2013 Seed Hatchery cohort

Seedhatchery.com

No one brings you high growth tech news for the south east like Nibletz the voice of startups “everywhere else”

And the world famous “everywhere else conference”

Interview With Berlin Startup VERSUS IO, Compare Anything

Last month we brought you a story about Berlin comparison platform startup VERSUS IO. They recently added 240 cities to their comparison platform which takes comparing two things and brings it down to it’s simplest form.

The internet is great for comparison shopping. Every major online retailer like Amazon, Best Buy, Carphone Warehouse and everyone in between, offers some kind of side by side comparison of products. Just about every time I go to make a major electronics purchase, I comparison shop something online.

Sure you may want to compare the iPhone 5 vs the Samsung Galaxy S 3, or the Galaxy Nexus vs the iPad Mini. But what if you wanted to compare other things? What if you wanted to take a European vacation and wanted to weigh France vs Italy. Well Versus IO allows you to do that comparison too.

With their recent addition of 240 cities to compare it makes deciding your next vacation a breeze. The team at VERSUS IO is in the process of creating the go-to site for comparing anything and they are well on their way. In fact they plan on providing comparisons on 640 different verticals.

We got a chance to talk with VERSUS IO, founder and CEO Ramin Far who previously headed MTV Networks’ North European online departments. Check out our interview below.

Interview with Japanese 500startups Startup: Language Cloud

According to brothers Billy and John Martyn, language learning and educational technology in Japan needed a big dose of innovation. That’s what their Japanese startup Language Cloud is all about.

The Martyn brothers are half American and half Japanese and spent their lives growing up internationally. They were born in Saudi Arabia, and grew up in Pakistan, France and the U.S. Billy ultimately graduated college from UVA while brother John graduated from George Mason University. To call these two worldly may be a bit of an understatement.

Now back in Japan, both brothers are attacking the problem with technology in language education. We’re not talking about Rosetta Stone here. Language Cloud is a complete educational system that helps teachers teach languages to students better, and helps students learn easier.

“Language Cloud is a learning management system designed specifically for language education. In short, it provides educators and students with an easy to use and more importantly, free, digital platform for managing and enhancing the quality of language classes, while simultaneously promoting student collaboration and enthusiasm for foreign languages through school-based social networking. In addition, the Language Cloud interface has been designed to be both intuitive and simple to use. This allows instructors and students, even those with little tech experience, to confidently begin using web 2.0 technologies in the classroom for educational purposes.” Billy told us in an interview.

Language Cloud has already attracted 7000 students and teachers out of 54 academic institutions including grade schools, private language learning schools and universities.

We got a chance to talk in depth with Billy Martyn. Check out our interview below.

New Orleans Food Ordering Startup: Couchster, Set To Debut Dec 17th

After a long day at work, school or even at the gym, a lot of people just want to chill on the couch and order in. That’s the idea that’s driving New Orleans entrepreneur Sean O’Neill and his food ordering startup Couchster.

The New Orleans startup is an online food ordering site, optimized for mobile, but O’Neill is hoping to add native mobile apps in the not so distant future. While mobile food ordering isn’t necessarily new, it is new to New Orleans. According to our friends at Silicon Bayou News, O’Neill is aiming to make ordering food easy and more accessible.

Couchster serves up online menu’s so that ordering from your computer, mobile device or tablet can be a cinch. In a city known for it’s delicious food and variety at that, Couchster is a welcomed addition. O’Neill already has over 125 restaurant locations on board. While he’s not officially launching until December 17th, the menus for all of Couchster’s restaurant partners are already posted for users to view.

Couchster is bootstrapped to the hilt. O’Neill believes he shouldn’t try and raise money until he has proven his concept. So after having this idea for over a year, he went out and worked 8-5 everyday and saved every dime he could so that this past June he could quit his day job and work on Couchster full time.

As long as the rollout in New Orleans goes well O’Neill plans to expand to other cities in Louisiana like Shreveport and Baton Rouge, and then after that he wants to take Couchster outside of the state.

Linkage:

Couchster can be found here

Source: Silicon Bayou News

Nobody covers high growth tech news in the southeast like Nibletz, the voice of startups “everywhere else”

Are you coming to “everywhere else” the largest startup conference in the US? Tickets are affordable and the line up is spectacular

Spanish Startup: Fiona Is Your Artificial, Virtual Cloud Based Assistant

There’s a cool new social robotics startup in Spain, called Adele Robots, that has created a collaborative, artificial, virtual, cloud based assistant. Her name is Fiona.

We’re not talking about Sims or avatars here, Fiona has features and skill sets that have been acquired by community collaboration, that the company calls “sparks”. One user may add a cool character trait while another may add a skill to make Fiona smarter. All of these sparks can be dragged and dropped when users create their own Fiona’s that are customizable to them.

As the company evolves, users will be able to use these cloud based, social robots for customer service, as a personal assistant or even for research. Think Siri with crowd sourced attributes that ends up actually looking like an avatar and having a personality of sorts.

Confused? Watch the video:

Now that you have a clearer understanding of what exactly Fiona is, we got a chance to talk to the founders of Adele Robots about Fiona. Check out the interview below.

California Startup: RaffleForGood, A New, Easy To Use, Raffling Platform

As the holiday season continues we will continue profiling as many social entrepreneurs and their startups as we can. Greg Hoffman and Ben Daniel are two of those entrepreneurs. Their California startup, RaffleForGood, is exactly what the name suggests, a raffle platform to do some good.

With the rise in use of the internet businesses big, small, for profit and non profit want to use the internets vast reach to offer prizes in raffles to raise money for charity. The problem is, that posting a product on the internet, and raffling it off isn’t just time consuming, but there are mountains of legal red tape that prevent companies from raffling things off at their own whim.

RaffleForGood handles all of that for their users. They’ve simplified the raffling system down to just about listing a prize and starting the raffle.

“Basically, Raffle For Good is an online fundraising platform for organizations to raise money through an interactive, skill-based raffle system. Companies donate items to causes they support. The causes then list the items on their personal Raffleforgood.com subdomain, at which point they direct their supporters to purchase tickets. It’s a fun reinvention of the raffle designed to make online fundraising more effective, engaging, and exciting, for all parties involved.” Hoffman told us in an interview.

Check out the rest of our interview with Hoffman below: