Boston Military Startup: RallyPoint Raises $1.55 Million

Rallypoint, Boston startup, Military startup,startup,startup news

RallyPoint co-founders Yinon Weiss and Aaron Kletzing (photo: time.com)

A Boston startup called RallyPoint has just announced that they’ve raised $1 million dollars from angels in Boston, Washington DC and London reports the Boston Business Journal.

The military focused startup bills itself as “LinkedIn for military”. Currently serving members of the armed forces can create an individual profile and grow their professional network within the military. It’s a great way to connect service men and women with others they may have served with at different bases and on different tours. It’s also a great way to keep up with those folks as service men and women move about the country and around the world.

RallyPoint officially launched on Veterans day with a warm reception across the country. In fact, there’s been a major push to encourage military men and women to become entrepreneurs and launch their own startups.

Earlier this year Techstars held a “Patriot Bootcamp” in Washington DC which recruited military men and women to have a three day crash course in entrepreneurship and starting up at Georgetown University.

Startup America also launched a veteran’s initiative on Veterans day, spearheaded by a leadership team which includes veteran and Apprentice 2 star Kelly Perdew alongside other influencers in the military startup community.

Since launching earlier this year RallyPoint has raised a total of $1.55 million dollars. They raises $550,000 prior to launch back in April. In October they won $100,000 as part of the MassChallenge program and now they’ve raised another $1 million dollars.

“Some of the new investment funds will help us spread the word to active U.S. military personnel about RallyPoint’s value proposition, accelerate RallyPoint member acquisition, and also expand our efforts to partner with trusted employers, academic institutions, and brands to connect them more precisely and cost effectively with the right service members at the right time,”  RallyPoint CEO Yinon Weiss told the Boston Herald.

 Linkage:

Check out RallyPoint here

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Arizona Military Startup: AlphaStripe Wins Austin Startup AppSumo’s Lean Startup Challenge

alphastripe,lean startup,startup,military startup,We’re starting to see more and more great stories of one startup from “everywhere else” helping another startup from “everywhere else”. That’s the case here with the story of Arizon based Military Startup AlphaStripe.

AlphaStripe provides a multimedia platform for military veterans and participants in wars and conflict situations to record and share their stories.  The Arizona startup is made up of several ASU entrepreneurs, two of which were previous founders of ASU Edison startup companies.

We’re fortunate at nibletz.com to have two former military people on staff. One of our co-founders and Editor at Large, Brent Fishman, was active duty military and said:

“As a former soldier in the United States Army, I can understand the need for something like AlphaStripe. When we come back from a deployment and settle into civilian life, AlphaStripe will help those who have been through it, cope by being able to share and relive those moments with other troops and our families”.

Our Florida based east coast editor Alex Smith, who served in combat on two tours to Iraq and one to Afghanistan,  as a United States Marine, added:

” Peace of mind. When it comes to deployments, many of us hold on to the memories as long as we can and unfortunately PTSD keeps those negative memories playing on constant loop. To have a platform such as the one above, I feel that the user would benefit from not only sharing their life experiences with others that can relate, but also with the healing progress that many Armed service men and women that have undiagnosed cases of PTSD”

Smith, who was diagnosed with PTSD, often deals with it by talking about his experiences in the military as often as he can. He takes great pride, when we are at conventions and other events, to sync up with those mobile, wireless and technology companies that are either founded by former military people or who’s technology has aided the military.

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