Startup Riot Pitch Hour 3

Live commentary on the third and final hour of pitches at Startup Riot. Fourteen companies to go.

eWide Networks

Online local reference to help students get a more balanced college experience and propel themselves into a career they're passionate about is what they say in the brochure.  What the first slide says is "events calendar."  Easy to create, organize, integrate, and share.  I don't get why it is different than Gcal.  Freemium model. 

Kabbage

Provides established online sellers access to capital they can use to grow their business when they list products for sale.  Big market.  Great simple explanation of a difficult to grasp concept. Use deep data to loan.  Raised $1.4 million.  Launching in 60 days.  Strong presentation style.

Chatfe

A vocal social network.  Currently in private beta.  Remember what David Skok said about identifying blocks to people adopting your service?  It applies here.

The Plan Is

Web app that makes it easy to but together a what-if based plan based on deadlines.  Cool idea.  Good presentation.  Not sure if there is a company here but I am not the target.  If you are the beta is available at theplanis.com/sur 

Abundant Closet

An online virtual closet and automated personal stylist.  Again not in the the target.  Company is a CapVenture grad and the presentation reflects that experience. Raised $300k, want to close an additional $900k.  Will need revenue in these parts to do so.

itsFound.org

A simple, secure free lost and found tool.  A Startup Weekend company.  Need some marketing help. ImHonest seems a lot more straight forward.

Savont

An online financial that allows users to create ROSCAs.  Nice opening. Great opening.  Nice clean slides.  I don't know what a ROSCA is.  Do you?  

Uvester.com

Web app to manage real estate communications, documents, and data.  It may be those real estate types to move away from their fax machines.  Great presentation. 

GetUnbored

Start by not reading your presentation.  It is a city and group guide that gives users picture based suggestions instead of text.  Big name partners such as Citysearch and Ticketmaster.  Complex business and revenue model. 

TooMah

Interviewing made easy for companies that do have volume hiring.  Places like call centers. I know this company and like it a lot.  Good concept, sound business model.  Looking to expand customer base and an investment with the amount unstated. 

Medivity

GI instrumentation with a focus in the minimally invasive market.   Device is in final prototype.  Want to sell or license to a larger company, the only company thus far to mention exit strategy.

DoLeaf

An online marketplace where people can find and buy plants from independent garden center.  It's Etsy for plants.  Revenue model is a percentage commission on each sale made.  I coach the company.

Softmaxx

Creates software for cellular machine to machine modems and smart devices focusing on robust connectivity, remote management, and scalability.  Out of Raleigh.  

MakeSmallTalk

Concise entertaining articles to help create social conversations.  Not sure of the state of the company, the team or the market.

That's a wrap.  Now we are going to vote for winners.