MassChallenge
MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.
Non Equity Assistance in 2021
Relay Trade Solutions specializes in digitizing and enhancing the supply chain for domestic bulk commodity shipments. The company offers a collaborative web and mobile platform that facilitates the management of the shipment process from order to settlement. This platform enables users to create and manage orders, receive real-time status updates, and store essential documents, thereby streamlining the entire supply chain ecosystem. By connecting shippers, carriers, drivers, and various points of origin and destination, Relay Trade Solutions helps clients reduce error rates and redundancy, increase staff productivity, and expedite payment processes, ultimately providing quality logistics automation services.
Non Equity Assistance in 2021
Simply Foster operates a messaging platform for caseworkers and caregivers. It allows foster providers and social workers to instantly find and communicate with each other. Simply Foster is based in Missouri, USA.
Non Equity Assistance in 2020
TCARE, Inc. is a provider of a caregiver support software-as-a-service (SaaS) solution designed to prevent caregiver burnout. The company's cloud-based platform enables care professionals to assess the risk factors associated with family caregiver burnout and recommend timely interventions. TCARE's technology has demonstrated its effectiveness by saving significant costs for agencies such as the Washington State Department of Social and Health Services, which reported over $10 million in savings through a pilot program that delayed nursing home admissions for caregivers by 18 to 24 months. By partnering with government and healthcare entities, TCARE focuses on helping family caregivers manage their responsibilities while allowing their loved ones to age in place. The company was incorporated in 2017 and is headquartered in Saint Louis, Missouri.
Healium is a drugless solution for the self-management of anxiety. It's the world's first immersive media channel powered by the user's brainwaves and heart rate via their wearables. In three peer-reviewed journals, Healium has been shown to quickly reduce anxiety and increase feelings of positivity in as little as four minutes. These data-driven VR and AR escapes are controlled by the user's emotions displayed on the screen via their wearables.
Kwema, Inc. specializes in developing wearable personal security devices aimed at enhancing safety for women and employees in various environments. Founded in 2016 and based in Springfield, Massachusetts, Kwema's innovative technology connects users to immediate help through discreet means, such as fashionable bracelets or mobile applications. The system notifies friends, family, and nearby users of the application in case of emergencies, while also facilitating responses from public or private security services. Kwema's offerings address critical safety challenges by providing quick notifications to emergency personnel, enabling seamless contact tracing to mitigate health risks, and automating roll calls during mass evacuations. By integrating its technology into everyday items like badge holders, Kwema minimizes adoption barriers and training costs, making it easier for users to maintain safety in their daily routines.
Non Equity Assistance in 2017
TCARE, Inc. is a provider of a caregiver support software-as-a-service (SaaS) solution designed to prevent caregiver burnout. The company's cloud-based platform enables care professionals to assess the risk factors associated with family caregiver burnout and recommend timely interventions. TCARE's technology has demonstrated its effectiveness by saving significant costs for agencies such as the Washington State Department of Social and Health Services, which reported over $10 million in savings through a pilot program that delayed nursing home admissions for caregivers by 18 to 24 months. By partnering with government and healthcare entities, TCARE focuses on helping family caregivers manage their responsibilities while allowing their loved ones to age in place. The company was incorporated in 2017 and is headquartered in Saint Louis, Missouri.
Non Equity Assistance in 2017
Epharmix, Inc. is a digital healthcare company that specializes in developing clinically validated, condition-specific communication tools for the healthcare industry. Founded in 2015 and based in Saint Louis, Missouri, Epharmix provides digital interventions designed to enhance patient-physician engagement, automate the collection of clinical data, and alert healthcare providers for effective chronic care management. Its products aim to improve care for underserved patients while also reducing the workload of care teams, ultimately enhancing patient engagement and health outcomes.
Strayos Inc. is a technology company that specializes in aerial data analytics software, specifically for the mining, drilling, blasting, quarrying, and oil and gas exploration industries. Founded in 2016 and based in St. Louis, Missouri, Strayos has developed an advanced platform that utilizes image processing and artificial intelligence to provide users with comprehensive data analysis. The platform offers tools such as smart drill data analysis, which employs measurement-while-drilling techniques for real-time data on drill logs and rock properties, and the 3D Blast Profile, which optimizes blast patterns and facilitates post-blast volume reconciliations. Additionally, Strayos provides Muckpile and Rock Size Analysis through its AI platform, which accurately assesses rock size distribution using machine learning techniques. By leveraging aerial intelligence, Strayos aims to enhance operational efficiency, reduce costs, and improve safety in various industries.
Non Equity Assistance in 2017
Mycroft AI, Inc. develops an open-source voice assistant platform that integrates artificial intelligence and natural language processing to allow users to control various electronic devices through voice commands. The Mycroft software operates as an extensible platform, enabling customization and adaptation for a wide range of devices, including refrigerators, computers, speakers, wearables, cars, and televisions. Founded in 2016, the company is headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas. Mycroft's approach emphasizes an open-source and open-hardware philosophy, allowing users to modify and enhance their voice assistant experience according to their needs.
Prattle is a company based in St. Louis, Maryland, founded in 2014, that specializes in natural language processing and machine learning to analyze publicly available content, such as central bank and corporate communications. The firm has developed an automated investment analytics platform that collects and interprets complex language, converting it into real-time, quantitative data that measures sentiment and predicts market impact. This technology addresses the challenges faced by equity analysts, who often lack the time and resources to comprehensively analyze all pertinent market-moving information. By providing asset managers with insights into market trends and sentiments, Prattle enhances their ability to form investment strategies and make informed trading decisions. As of June 2019, Prattle operates as a subsidiary of Liquidnet Holdings, Inc.
Jolt Athletics Inc. is a company based in Saint Louis, Missouri, that specializes in designing and manufacturing sensors for monitoring head impacts in sports. Founded in 2015, Jolt's technology allows real-time streaming of data and alerts to connected smartphones, enabling athletes, parents, and coaches to make informed decisions about training and safety. The company's mission is to enhance the training experience by providing innovative solutions that promote smarter and safer athletic practices.
ARMHER is a company created by women to protect women from crime. We devoted years to studying the mind-set of criminals who victimize women, and researching the extraordinary selection of personal protection devices (PPDs) available to women. We selected the most effective and affordable PPDs and created four unique “Survival Kits” – each Kit is filled with proven defenses that safeguard women from crimes against their person and their property. From students to seniors, ARMHER is the perfect gift.
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