Aug
20
This Startup Could Turn Your iPhone Into a Tiny Disease-Detecting Lab


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.

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Aug
11
The Hot Startups in the DreamIt Ventures NYC Class of 2014


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…

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Aug
11
Accelerator DreamIt introduces this summer’s crop of start-ups


BY RUTH READER via VentureBeat

Today, DreamIt Ventures introduced its 2014 class of New York start-ups. DreamIt’s accelerator program offers accepted parties $25,000 in seed funding and three to four months to get the company up and running, along with office space and mentorships. Here’s a list of five companies from the program to look out for.

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Aug
11
These Are Our Favorite Startups From The DreamIt NY Demo Day


BY JORDAN CROOK via TechCrunch

This week, we met 12 new companies that graduated from DreamIt’s NY Demo Day. We have the scoop on all of them here, from the shoppable Pinterest to an ID scanning app to a real-time CRM app for all businesses. But we also decided to take a lap around the room to get a closer look at some of our favorites.

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Aug
05
DreamIt Ventures and Comcast Ventures Raise the Bar on Innovation With 12 New Startups at DreamIt New York Demo Day 2014


New Managing Director Andrew Ackerman takes helm of NY-based accelerator, enhancing cycle experience and event for entrepreneurial teams and attendees

NEW YORK CITY – August 6, 2014 – Today DreamIt Ventures and Comcast Ventures will showcase 12 new startups who have spent the last three months building their companies at DreamIt New York Demo Day 2014 (#dreamitNY). The event will be held from 9:00 a.m. to 3:00 p.m. at B.B. King Blues Club & Grill, 237 W. 42nd Street in Times Square. Participating startups will have seven minutes to present to a roomful of potential investors, customers, mentors, media and other industry executives.

Managing Director of DreamIt New York, Andrew Ackerman is no stranger to the startup world. Serial entrepreneur, investor and former mentor for DreamIt New York, Ackerman is a veteran advisor and is keen on what it takes to build a successful startup from the ground up. Ackerman played a pivotal role in leading this year’s participating companies through the process of rapidly building sustainable, scalable businesses, and preparing them for the showcase at DreamIt New York Demo Day.

“This year’s DreamIt New York class really blew me away,” said Ackerman. “They exceeded expectations on everything from product iteration to user acquisition to revenue generation to fundraising.  Some startups have already achieved six figure revenue run rates, and several are close to closing their seed rounds. We are eager to reveal the impressive results they’ve achieved during the summer program.”

To further enhance opportunities for the participating startups, DreamIt Ventures has built a mobile websiteallowing investors to contact, tweet/post about, and schedule appointments with the founders in real-time.

In total, 100 entrepreneurs, developers, designers and interns tirelessly worked around the clock, building their companies during the intense three-month summer cycle. The companies are comprised of world-class entrepreneurs from top institutions and leading businesses such as: Harvard, Massachusetts Institute of Technology, Kellogg School of Management, University of Southern California, Tel Aviv University, and Northwestern University, Facebook, Hulu, NBCUniversal, Channel Production Films, DoubleClick, Clear Channel Malls, and Ignite NYC.

Working from Manhattan office space provided by DreamIt, the entrepreneurs built their companies and tested their business models with potential customers, while receiving in-depth mentoring and coaching from dedicated mentors and industry thought-leaders.

For the fifth time in three years, the DreamIt Access program included four minority-led startups sponsored by Comcast Ventures, the venture capital affiliate of Comcast Corporation (Nasdaq: CMCSA, CMCSK) and an investor in the DreamIt Access program.
The 12 participating companies are:

Acorn lets users set location-triggered reminders and messages to themselves, to others, and to the public so that the information is delivered exactly where and when it is needed.

Balloon is a mobile app that makes impromptu get-togethers easier. Users can easily send out invites to groups of friends to join them at specific locations (e.g. meals, pick-up sports, parties). Nearby group members receive push message invitations, see who’s going, RSVP and meet up.

Bar & Club Stats provides ID scanners and ID scanning mobile apps that not only validate the ID (e.g., for age verification wherever alcohol or tobacco is sold) but also capture demographic data that helps their users better market to their customers and promote their venue to sponsors.

Browsy makes visual content shoppable, starting with a service that connects the pins on their Pinterest boards to the retail sites selling those items at the lowest available price in just one click.

Fiestah takes the pain out of event planning.  Organizers can find and book from a curated list of caterers and other event vendors quickly and easily.

Investormillmakes it easy for even the non-expert user to find and chart economic and financial data.

picSellmakes selling items you no longer need as easy as taking a picture.  picSell lists your item on multiple marketplaces (eBay, Amazon, Etsy, Rakuten, etc.) and takes care of all the logistics.

Slidebeanallows presenters to create beautiful presentations in a small fraction of the time they would normally spend using PowerPoint or similar tools.  Slidebean separates content from design, letting user focus on what they want to say while the tool takes care of the rest.

SuperSolver is the “1­800 How’s My Driving” for the physical world that provides real­-time, bi-­directional customer feedback between consumers and businesses so complaints can be resolved before they become bad reviews on Yelp.

Tourlandishis the HotelTonight for tours, activities & experiences. It is an on-demand mobile marketplace that helps travelers book last-minute things to do at exclusive discounted prices. By seamlessly connecting visitors with local experience providers, they make discovering new cities easy, fun and spontaneous.

uVoreis the only app that enables restaurant customers to order and pay for their meals using their own mobile devices, increasing average check amounts by 8%, reducing average meal times by 10 minutes, and increasing customer satisfaction.

Zairgeis dragging hotel management systems out of the 1990s with a mobile, intuitive, cloud-based system that enables guests to self check-in, untethers hotel staff from their desks so they can better serve guests, and gives hotel owners real-time access to their performance data.

Supporting sponsors of DreamIt New York include:MorganLewis,Cooley, TriNet Passport, Loeb & Loeb, LLP andOrrick, Herrington and Sutcliffe.
ABOUT DREAMIT VENTURES
DreamIt Ventures helps exceptional people build exceptional companies.  We believe that if you create a community of entrepreneurs working side-by-side on their various companies, strip away as many impediments as possible, and make as many resources available as possible, some magic can happen in a short period of time.  DreamIt operates accelerators in New York, Philadelphia, Austin, Baltimore and Tel Aviv.  Since its founding in 2008, DreamIt has launched 145 companies including: Adaptly, LevelUp, Parsely, SeatGeek, MindSnacks, SnipSnap, Peeractive, TrendKite and Biomeme. More information about DreamIt Ventures is available at www.dreamitventures.com, or via email at info@dreamitventures.com. 


ABOUT COMCAST VENTURES
Comcast Ventures (www.comcastventures.com) is the venture capital affiliate of Comcast Corporation. Comcast Ventures invests in innovative businesses that represent the next generation of digital, entertainment, media, social, e-commerce and advertising technologies that will change the way people live, work and interact. Comcast Ventures consists of the previously combined Comcast Interactive Capital and NBCUniversal Peacock Equity Fund.

# # #

Media Contacts:
Dana Marruffo
DreamIt Ventures
BuzzPR
512.825.9035
dana@buzzpublicrelations.net
Tina McNulty
Head of Communications
Comcast Ventures
415.926.5548
tina_mcnulty@comcast.com

 

Aug
05
The 12 Hot NYC Startups That Will Be Killing It at DreamIt Demo Day Tomorrow


BY  via AlleyWatch

veryone wants to be the first to see the latest and greatest, so here’s a sneak preview of the companies that are going to kill it at DreamIt Ventures NY Demo Day, and the first class to debut under the aegis of new managing directorAndrew Ackerman.

If there were a theme to this class as a whole, it would be I want what I want when I want it.  Which means tech that solves the problem now. Or within the next minute. Or within a click or two. And definitely within the next 24 hours.

They’ve built their companies. Now they’re ready to deliver. And remember: timing is everything…

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Jul
29
Seven takeaways from NewsCastic’s $350,000 funding


by Dan Mayfield via Albuquerque Business First

News and entertainment site NewsCastic has been making social media waves with “listicles” — stories such as “10 things you see at every Isotopes game” or “7 things you can do in Albuquerque Old Town for free.”

They’re clickable, fun and easy-reading posts that are shared, and shared and shared across Facebook and Twitter — so far 3.5 million times.

The company has something else to share now: NewsCastic has garnered $350,000 in series A funding from two investors, its first major funding outside of friends and family, the founders said Tuesday.

The news site, which is now in six cities, will use the new capital to expand to more cities, hire more writers and expand its platform to allow for more submissions and content.

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Jul
23
Maryland Innovation Initiative invests $6.4M in university-linked projects


by Sarah Gantz via Baltimore Business Journal

Eight startup companies are among 67 recipients of Maryland Innovation Initiative awards in fiscal 2014.

The Maryland Innovation Initiative gave a total of $6.4 million to research projects and startups with ties to universities in the state. The innovation initiative is designed to spur commercialization of university research.

Maryland Technology Development Corporation, which administers the program, announced the awards Wednesday. Here are the startups that got a Maryland Innovation Initiative award:

(DreamIt Health Baltimore Alumn) Emocha Mobile Health
, $100,000.00. This mobile health IT company and recent DreamIt Health Baltimore accelerator graduate helps health care providers develop apps that help doctors better track patients’ progress.

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Jul
23
Children’s Hospital CMIO turns entrepreneur to more rapidly detect patient data breaches


by Stephanie Baum via Medcity News

Children’s Hospital of Philadelphia is working with DreamIt Ventures through its Open Canvas@CHOP program to identify enterprise software applications and commercially viable companies. It recently selected two companies from the pediatric hospital that will go through the one-year program, including Haystack and 3D Pediatrics. The security analytics company was co-founded by CHOP Chief Medical Information Officer Dr. Bimal Desai to more rapidly identify patient data breaches.

In response to emailed questions, he talked about the technology behind Haystack and what spurred him to start the company with co-founder Adrian Talapan.

 

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Jul
21
Minority tech founders seek VC connections


Black and Latino entrepreneurs push an insular and often risk-averse industry in new directions.
via Judith Messina of Crain’s New York

In a city that is 27% Latino and growing, Ricardo Garcia-Amaya is a rarity. He’s a tech entrepreneur who founded a venture-capital-backed startup.

“I find myself at the forefront,” said Mr. Garcia-Amaya, whose company, DonorTap, uses data to help nonprofits raise money.

It’s a place he’s gotten to by stepping beyond his Latino roots. “Within my immediate Latino community, there are no mentors, especially in tech in early stage,” Mr. Garcia-Amaya explained. “In fact, forget about tech; just early-stage investment is extremely difficult. Throw in tech and it’s a whole different ballgame.”

Black and Latino entrepreneurs are a small subset of Silicon Alley, where 83% of teams getting seed and Series A money are all white, according to 2010 research from CB Insights, with the all-white teams receiving a higher median investment from venture capitalists.

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