We’re nearly six months out from the completion of the core HTR LaunchPad program and it looks like 90% of our teams are still operational and out there working to make it happen.
Gradfly is riding on a string of wins including getting out of beta and signing up users for their STEM student project platform, raising a seed stage round of investment and winning several competitions. They are currently negotiating to provide a custom platform for a major regional college.
All Access presented an update at our October 27th event and showed a lot of progress with paying clients for their menus and beyond app, a huge list of content developed for their database and the realization that their market went far beyond restaurants. They now incorporate entertainment venues, sporting venues and anywhere that a menu makes for a great way to deliver information in an accessible way.
EnergyWise is implementing several paid beta projects for their platform that turns local energy-generation plants like geo-thermal and solar into energy assets that can be tracked and monetized.
The guys at Immense Analytics did a big pivot during the program and came up with a winner. Their SnapEval app helps managers keep real time records for employment evaluation purposes, creating a more accurate database of employee achievement all through the year. They have a major beta test with one of the largest global marketing agencies and are working with one of the largest accounting firms in NYS to implement their professional service provider evaluation tracker.
NewDiggs, the guys who are changing the way students and universities work with local housing landlords, has been finding that working with universities can be a challenging situation. Their platform is up and running and they are negotiating with several large university systems.
LifeSUDS, now known as Symptom Reporting has been doggedly adding users in the psychotherapy and physical therapy fields for their app that helps patients and care providers track things like drug interactions, psychological changes and responses in real time. Though Christine says it is an uphill climb, her beta tests now are laying the groundwork for wider acceptance of this important technology.
Toby from Parts Dashboard tells us that he realized this summer that he needs to rebuild his inventory management app for smaller designers and manufacturers on a more scalable platform. He is currently seeker a developer to join his team.
QMetrics has entered a new market providing 3D imaging of knee joint imaging files for research. Their process greatly speeds up this costly and time-consuming process, saving large research projects significant resources. They have also refined their product model and are raising venture funding.
NuSale/Vinterest, the integrated POS, marketing and manufacturing platform for small to mid-size vineyards is seeing rapid growth with multiple Upstate NY vineyards becoming customers. Sam tells us that he had an epiphany when he learned that he could go upmarket to larger vineyards and that a major competitor turned out to have serious flaws he can compete against. Two big opportunities to enter larger markets.
The Roc Innovations team brought their extensive learning back to their parent company with multiple opportunities to change the way large transportation providers change they way they use technology. Their original market-sizing hypothesis turned out to represent less than a tenth of the actual market for their products. Nice thing to learn!
Ryan and Nikko from Gradesnap did a pivot and decided to pursue other projects including a stint at Apple for Ryan. Their presence at the LaunchPad contributed a lot to the overall success of the program and we look forward to learning more about where they are headed in the future.
Deb from MindWrite had her own pivot with the realization that while she loved the process of developing her writing education app, the business world was not for her. She is still pursuing the project but now looks to find a partner or licensee. She finished the program and gave a great presentation at the GEVA event that told how her choice had come about. The Lean process is about discovery and discovering that your idea isn’t viable or simply being in business is not for you is a great outcome.
Looking back to nine months ago when we all sat in a room and started to learn about each other’s companies and ideas, it seems amazing that so many are doing so well. The process works and the HTR LaunchPad has been a big success from our perspective– and a huge learning experience. I think our founding team members and advisors would all agree.
Watch for the application process for the 2014 Class coming soon!