St. Louis-based technology startup accelerator Capital Innovators has invested in six new companies.
The startups include Mathbrix, Rozzy Learning Co. and Soozies Doozies — all three based in St. Louis — and Washington, D.C.-based RowVigor, Israeli startup Pico.buzz and Chicago-based Collaborata.
Each of those startups will receive a $50,000 investment from Capital Innovators in exchange for an equity stake of between 5 percent and 10 percent in the company.
To date, Capital Innovators has invested roughly $3.5 million into 70 companies, which have gone on to raise more than $235 million in follow-on venture capital.
Capital Innovators COO Brian Dixon said the accelerator, rated as one of the best in the nation, received a record-number of applications for this cohort.
“We view this as a sign that our brand recognition is spreading, bringing with it the opportunity to find the best startups from around the world and show them the benefits our program and region provides,” he said in a statement.
Startups that have graduated from St. Louis’ seven business accelerators, including Capital Innovators, have gone on to raise approximately $400 million in follow-on capital, according to Business Journal research.
Here’s more on the new Capital Innovators portfolio companies:
- Collaborata, founded by Jimmy Zollo, Peter Zollo and Ben Diedrich, is a crowdfunding platform for research projects.
- Mathbrix, founded by Bettie Schwartz, Tyler Schwartz and Jaydev Mahadevan, is a math platform that is geared toward early math learners ages 4 to 8 years old.
- Pico.buzz, founded by Asaf Nevo, Roi Mozer, Aviv Paz and Matt Fineberg, is a platform that allows live event hosts to engage with fans and monetize digital assets.
- RowVigor, founded by Kevn Allen, Moses McCall and Fola Awosika, has developed a web-based platform and mobile app that creates a rowing fitness experience that integrates with a personal network.
- Rozzy Learning Co., founded by Jessica Gordon and Allison Bischoff, makes STEAM (science, technology, engineering, arts and math) products, trainings and resources for children in pre-Kindergarten through fifth grade and their teachers.
- Soozies Doozies, founded by Olivia Kelvin and Bob Stanton, makes an all-natural, non-GMO refrigerated cookie dough.
For additional startup accelerators in the St. Louis area contact:
The Yield Lab
(Full article and photo courtesy of St. Louis Business Journal)