Matt Talbot, CEO of GoSpotCheck, initially had a different business model in mind when entering the Techstars Accelerator Program in 2011. As a new father, Matt wanted to create a Netflix-style rental model for maternity clothes, but quickly learned the idea wouldn’t scale. He took a step back to assess his team’s expertise in retail and the market, which led to the realization that there was an opportunity to create IoT-enabled retail software for field teams: an idea that would eventually become GoSpotCheck.
Before FullContact’s comprehensive contact management platform, Co-founder & CEO Bart Lorang had thousands of contacts in disarray. When he met his wife in grad school and saw her contacts in Outlook, he noticed each person was neatly organized with information ranging from birthdays, spouse names, anniversary dates, work addresses, and fax numbers. “… I thought, why doesn’t someone focus on this?” Bart said in an interview.
DENVER, CO — Monday, September 25, 2017 — Starting fast out of the gate for Denver Startup Week, the Denver Office of Economic Development (OED) and the Blackstone Entrepreneurs Network Colorado (BEN Colorado) today announced their annual additions to the roster of “Denver Gazelles,” the city’s list of the rapidly growing firms here with both proven success and excellent potential in raising money and creating jobs.
Extracting value from big data is a challenge facing modern businesses, and one Colorado Springs company has created a customizable solution for businesses of all types and sizes. ISSAC is an advanced data analytics and system-of-systems engineering company that provides managed analytics as a service. Their end-to-end analytics solution, VOR (named after the Norse god of wisdom and knowledge), innovates big data collection by incorporating human input into a machine-learning process that allows customers to optimize the VOR platform for specialized needs.
Allen Lim, an exercise physiologist, and Ian MacGregor, a professional cyclist, discovered that their teammates were getting sick due to unhealthy artificial ingredients in traditional sports bars and drinks. They were inspired to create something better – a new drink mix with less sugar, more electrolytes, and natural fruit – from scratch in a garage. Elite athletes loved the new secret mix and wanted more, so Allen and Ian came up with an inventive solution: they put pre-made batches into food-safe paint buckets from McGuckin Hardware with clean golf balls and then used paint shakers to mix large quantities at once. Nobody expected it to become a commercial product, but once they began producing on a larger scale, the idea began to be realized. They called it Skratch Labs.
Seeking a source of funding is often a difficult part of starting a business, but for Krista Morgan, it was the challenge that inspired her idea for a new company. “I came across P2P [person to person] lending back in 2008 by accident,” Krista said in a CrowdFundInsider interview. “I started thinking about the spread the bank was taking and remember thinking that it would be better if people could lend to people.” Eventually, the idea grew into P2Binvestor (or “P2Bi”), which is an asset-based financing platform for high-growth B2B startups that provides revolving lines of credit of up to $10 million+. However, before P2Bi became successful, Krista Morgan and the P2Bi team endured many of the same entrepreneurial hardships that most of their customers regularly experience.
The Economist recently reported that data is now the world’s most valuable resource. However, there is now more data than ever before, and finding relevant metrics within superfluous data presents an immense challenge. Thad Eby recognized this as an opportunity and created a solution with Ombud: a cohesive federated platform that automatically collects relevant information from mass quantities of data and then presents the metrics that matter most. Their decision management software helps businesses accelerate technical documentation and access information about similar business decisions that have been made in the past; a process that increases revenue and allows enterprises to drive to market faster. In essence, they have monetized the idea that history repeats itself...
The Denver Office of Economic Development (OED) announced a new partnership with Blackstone Entrepreneurs Network Colorado (BEN Colorado) to manage the Denver Gazelles recognition program for Denver’s impressive network of fast-growing second-stage companies including such well-known local tech winners as Ping Identity, Welltok, Ibotta, and SendGrid. OED recognizes a new class of Gazelles annually during Denver Startup Week.