TechStars Showcases 12 Diverse Start-ups at Boston Demo Day

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Founders of All Ages and Industries from all Over the World Present Today

TechStars, the No. 1 startup accelerator, is today showcasing 12 companies that have completed its 2011 Boston program. This year’s program includes founders from Israel, Estonia and the UK, as well as Nashville, Austin and Boston, from recent college graduates to professionals with 20 years of industry experience, and companies ranging from a knowledge-base service using artificial intelligence, to an online learning platform, and a portable medical device.

The TechStars companies presenting at the 2011 Boston Demo Day are:

  •     EverTrue – an intelligence platform that connects donor CRMs to the social graph, providing the first meaningful fundraising data service.
  •     Ginger.io – a behavioral analytics company using mobile devices to collect big data for personal and enterprise healthcare applications.
  •     GrabCAD – connects CAD engineers with manufacturing and product development companies, to reduce time and cost spent on designing models, finding a partner for drafting jobs or designing and building a new prototype product. GrabCAD also provides a free CAD model library.
  •     Help Scout – the only email-based customer service solution tailored for small and medium-sized businesses, combining the personal touch of email with the scalability of a help desk.
  •     Kinvey – The first Backend as a Service, making it ridiculously easy for developers to setup, use and maintain cloud backends for mobile apps.
  •     Memrise – an online learning platform that combines the best insights from the art and science of memory to provide extraordinarily effective, game-like learning experiences.
  •     Placester – making real estate advertising simple and effective, connecting online publishers and real estate professionals, on a pay-for-performance basis.
  •     Promoboxx – the first online promotion platform that allows brands to launch, promote and track online social marketing campaigns with their retailers.
  •     Senexx – a company that uses artificial intelligence (natural language processing) to connect people within corporations in need of information, with the information owner, by unlocking trapped knowledge in emails, Sharepoint and other systems.
  •     Spill – an online anonymous peer support system that connects communities of individuals who are experiencing similar life problems.
  •     Strohl Medical – an “EKG for stroke”.
  •     The Tap Lab – creators of TapCity, the first massively multiplayer city-building game set in the real world, and the first of many titles on their real-world gaming platform.

So far, one company has already closed $1.1 million in funding, while all other companies are still actively seeking investment.

“The broad range of industries in Boston creates a rich mentor community with a wide variety of backgrounds,” said David Cohen, Founder and CEO of TechStars. “The breadth of this talent pool allows TechStars in Boston to accept a diverse group of high-quality companies, and to encourage and support their creativity in a very meaningful way.”

“I’ve been blown away by the ever-growing depth and commitment of mentorship that this community has given to the TechStars teams,” said Katie Rae, Managing Director of the TechStars program in Boston. “Each year the Boston community has rallied to support TechStars, establishing it as a growing anchor within the local startup ecosystem.”

TechStars, which operates nationally in 4 cities, is currently mentoring 12 companies to be showcased in August in Boulder, and will be announcing companies selected for its Seattle and New York programs taking place during the summer in the coming weeks. In 2011, TechStars received over 3,000 applications for approximately 50 positions at the five programs taking place, making the accelerator program harder to get into than Harvard or Yale with an acceptance rate of approximately 1.50%.

About TechStars
TechStars (http://www.techstars.org) is an elite mentorship-driven start-up accelerator, recently recognized as the #1 accelerator program. Founded in 2006, the TechStars philosophy focuses on deep mentorship, and surrounding a small number of companies with highly engaged members of the entrepreneurial ecosystem to coach and support them to success. The TechStars community currently includes more than 300 mentors, more than 1000 investors, and 78 alumni TechStars companies. TechStars currently operates 5 programs each year: Boulder, Boston, Seattle, New York (winter) and New York (summer). TechStars is funded by more than 50 venture capital firms, and more than 25 angel investors. Information on applying to TechStars can be found at http://www.techstars.org/apply.

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Fiona Ramsey
TechStars
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