DreamIt NY 2014 company Zairge is dragging hotel management systems out of the 1990s with an intuitive, cloud-based suite that meets all of a hotel’s needs in a single integrated platform. It enables self check-in for guests, untethers employees from their desks and offers owners real-time analytics.
This past week, we had the chance to talk to Zairge CEO, Ronak Patel, about the company, their DreamIt Ventures experience and their plans going forward.
Attention all entrepreneurs… applications for DreamIt Austin 2015 are now open! We’re extremely excited to bring back the DreamIt Austin program for its third year running.
DreamIt’s three-month accelerator program clears the way for the brightest high-potential teams to hone their ideas and focus on developing and executing the strategies that will create long-term business success. With an eye toward building a solid business foundation, DreamIt encourages and supports portfolio companies in looking beyond quickly building their products to eliminating risk from their business models, building important relationships and acquiring paying customers. This proven methodology has helped to launch 157 companies that have gone on to raise over $170 million in follow-on funding, and combined are now worth more than $525 million. DreamIt will draw applicants from all over the country and the world to Austin for the three-month program. Past DreamIt Austin classes have included companies from Brazil, Spain, Sweden, South Korea and Israel.
BY AMANDA QUICK via Tech Cocktail
It’s going to be a welcoming event unlike any other. Tonight, DreamIt Ventures Philadelphia is having its kickoff event to launch and announce this year’s accelerator class of twelve companies that were chosen from around the country and Israel. Sponsored by DreamIt Ventures and Comcast Ventures, the accelerator is called DreamIt Philly.
BY Juliana Reyes via Technically Philly
After a nearly two-year break, DreamIt Ventures is back to running its original Philadelphia accelerator.
Twelve companies, all but two of which have come from out of town, will spend three months at DreamIt’s headquarters at 3401 Market Street as part of the startup bootcamp. Aside from mentorship and programming, DreamIt invests $25,000 in each company in exchange for six percent equity. Compared to other cycles, which normally feature 14-15 startups, this is a smaller one.
DreamIt Ventures and Comcast Ventures are thrilled to welcome 12 promising startups into the DreamIt Philly accelerator program! The 2014 class is full of extremely bright entrepreneurs with diverse backgrounds and a wide variety of interests.
This Thursday, September 4, the Philly 2014 program will officially kick off with a welcome event at Comcast Center. This invitation-only reception will be the first opportunity for the Philadelphia startup community to meet the teams from the DreamIt Philly 2014 program, and it will commence with an introduction from the honorable Michael A. Nutter, current Mayor of Philadelphia. This year’s program will be hosted at DreamIt Ventures’ headquarters at the Innovation Center @3401, a collaboration between the University City Science Center and Drexel University located on the Science Center campus in Philadelphia. It will be led by Patrick FitzGerald, DreamIt Managing Partner and Co-Founder of Recyclebank.
SeatGeek, a member of the DreamIt Philly ‘09 class, announced a $35 million Series B funding round yesterday. Accel Partners — a leading early and growth-stage VC firm and a big name in the tech world — led the funding round, which was also bolstered by a number of high-profile professional athletes, musicians, and more. Peyton Manning, Eli Manning, Shane Battier, Nas, and a number of other notable investors contributed to the new round, which brings SeatGeek’s total funding to around $41 million.
The company provides a search engine that allows you to find the best deals on tickets for sporting events, concerts and theater. SeatGeek’s Deal Score™ helps you make sense of thousands of ticket listings at once to identify the best possible bargains. The tool scores each deal on a scale from 1-100 (100 = amazing deal), so that you know exactly how good a deal you are looking at.
We spoke briefly with Jack Groetzinger, co-founder at SeatGeek, about the company’s recent success and their early involvement with DreamIt back in 2009.
“At that point we had no real idea what we were doing,” Jack said, “and DreamIt helped fix that. It was a hyper-intense three months that put us on the right path. The talks and mentors were helpful, and I’m still friends with the folks we met there.”
We wish SeatGeek all the best going forward, and are extremely proud to consider them a part of the DreamIt family. If you’d like to learn more about the company, SeatGeek was recently featured in both TechCrunch and Forbes, and you can visit their DreamIt profile page to follow more news and updates as they continue to come in!
On Wednesday, August 6th, DreamIt NY’s 2014 class of startups participated in Demo Day. This one-day event allowed our participating companies to showcase all of the hard work they’ve put in during the last three months, present their companies, meet investors, and network with the startup community. This year’s event welcomed over 350 attendees, including budding entrepreneurs, seasoned entrepreneurs, investors, reporters, and writers from the startup community.
BY Melissa DiPento via Technically
No pun intended, but dreams really do come true. That’s Priva Bhutani’s motto right now and she’s sticking to it.
Her startup, RegDesk, which aims to connect life sciences companies with in-country regulatory consultants, was recently accepted into the DreamIt Health Philadelphia program. The program provides funding and mentorship to health IT companies tackling real-world healthcare problems.
BY Issie Lapowsky via WIRED
A mobile phone can do so many things. At any given moment, it can be a camera, a game console, a GPS, or a flashlight, just to name a few of its many guises. But Max Perelman wants to add another. He wants to turn the average iPhone into a tiny laboratory.
BY JASON SALTZMAN via Entrepreneur
I had the honor of attending the DreamIt Ventures Demo Day. The DreamIt accelerator has a special place in my heart for a few reasons. Firstly, Fiestah is one of the earliest members of AlleyNYC, and I am proud to say they were part of this last DreamIt class. Secondly, the NYC team lead by Andrew Ackerman is super legit. They are all about helping these young startups grow, and they work seriously hard at making it happen for them. Lastly, AlleyNYC works with DreamIt on a super cool event we do every quarter called StartUP Battles. This event features some of the hottest startups in NYC, who battle it out for cash and prizes. If you would like to learn more about this event, check it out here.
Without further ado, here is the graduating class of DreamIt Ventures NY 2014…