These 7 Companies are About to Grow in Covington
After receiving applications and hearing pitches from dozens of start-ups from across the country, Covington-baesd technology accelator UpTech announced the winners of its third round of funding this afternoon. In all, seven startups will each receive up to $50,000 in equity investment along with free office space in Covington, a team of business support partners and a mentor, and access to applied research support from Northern Kentucky University for being selected to the UpTech III class.
“These seven big ideas will complement the existing diversity of our alumni portfolio companies,” said Amanda Greenwell, UpTech program director. “We could not be more excited to welcome entrepreneurs whose game-changing commercial ideas show promise to transform many industries—from education to real estate and more.”
UpTech, which has become known for its commitment to startup success through an intense individualized approach, will pair each startup with a general business mentor and regional professionals in the banking, legal, accounting, and marketing areas. As it recently demonstrated in helping lead a $250,000 investment round for portfolio company, Tixers, UpTech’s unique model of support for its family of companies extends well beyond its Demo Day at the conclusion of the six months, this year to begin September 8.
An announcement celebration for the winners will take place on Thursday, August 14, from 5:00 to 7:30pm at the Hofbrauhaus in Newport, KY. Those interested in attending can register at http://uptechideas.org.
UpTech’s newest portfolio companies include the following:
Dr. Scribbles: This company makes medical exam room bench paper that replaces the standard paper. Dr. Scribbles turns the standard paper into an interactive experience, covering the exam room, mobile devices, and the online world. Their paper offers a wide range of games, educational activities, and areas to scribble. Dr. Scribbles transforms medical visits into more positive experiences by allowing patients to have fun while waiting.
Hapzing: Hapzing’s activity-driven publishing platform makes it easy for users to do more of what they want. A mobile app that lets users track when and where their favorite events are happening, they also help businesses build loyalty and grow customers.
linkedü: A social content sharing platform for K-12 teachers, linkedü makes the lesson planning process more efficient and effective by removing the distance between great teachers and great content. Although their product serves K-12 teachers, the company approaches the market non-traditionally. It operates outside of schools’ restrictive sales cycles by taking the product directly to teachers.
Nekst: This company offers a real estate web application that seeks to improve the efficiency of the home buying and selling experience. Through their app, Nekst turns the closing process into a simple, organized, and transparent experience.
Seesaw: Seesaw is an easy-to-use platform that provides parents a convenient way to plan playdates, parties, special events, and other family-friendly activities.
Travel Notes: This company seamlessly communicates an individual’s travel plans to their financial institutions so as to prevent their credit or debit card from being denied while traveling.
Wayger: Wayger is a mobile application that allows users to bet on the outcomes of sporting events against their friends. They earn rewards for picking outcomes correctly.
UpTech is Greater Cincinnati’s tech accelerator that takes a customized approach with each startup it accepts. Founded in January 2012, it is a six-month residential program based in Covington, Kentucky.
Staff report. Photo UpTech/provided