The AlphaLab Demo Day & Technology Preview proved yet again that entrepreneurs and startups are a big draw in Pittsburgh.
More than 375 people attended the presentations of six university tech startups and nine Innovation Works
AlphaLab companies at the New Hazlett this week. Many stuck around to meet the companies afterward during an informal lunch mixer.
“The companies gained market traction and validation during the AlphaLab program and did an excellent job of presenting their products and companies at Demo Day,” said Jim Jen of IW. “This cycle’s companies continued the tradition of raising the bar for future AlphaLab classes.”
This year marked the first time that National Energy Technology Laboratory joined the lineup.
The preview opened with university technologies, ranging from Lightside, an online platform that instantly assesses student writing and offers feedback to both teachers and student writers, to Diamond Kinetics, which is in the throes of commercializing technology that improves the performance of baseball and softball players.
The current crop of AlphaLab companies were equally compelling, ranging from reality-based gaming to a look at the savvy new age of college-level athletic recruiting.
A few highlights:
What is augmented-reality gaming? MegaBits
CEO Patrick Perini explained how his new game brings the gaming world and real world together. The game is based on a player’s physical location, allowing gamers to chase and battle monsters and feed and train them, in all kinds of real world weather.
It’s catching on. Nearly 200 applicants signed up in the first two hours of MegaBits’ launch, said Perini.
Ever lose an important file, or key nugget of information on your computer? Steve Cotter of Collected wants to streamline the way you find it by providing intelligent authoring technology to help you quickly access frequently used content. Not only does it speed up access, but also it can drill down contents on a Google drive and costs, at minimum, $10 a month. Launching in January.
Forget reconciling your bank statements across several apps. BudgetSimple
tracks your spending and income all in one place and keeps it up-to-date.
“The most successful budget is one where you can keep the things that are important and eliminate the waste,” says CEO Phil Anderson, a successful internet marketer who previously worked for Vivisimo (before it was acquired by IBM) and LunaMetrics in Pittsburgh. BudgetSimple has 130,000 users signed on to date.
a fast growing mobile app, is bringing bring LBGT women together as a resource for one another. It already attracted 108,000 users to date and is on target in reach 2 million in the next two years, says CEO Ariella Furman.
It’s also the only app of its kind that searches for events, not just people, she says.
If you’ve ever tried to stay abreast of a high school or collegiate athletic team’s changing schedule, you will appreciate the value of AthleteTrax. The startup is working with high school and collegiate club teams to provide an online tool that puts all a team’s information in one place, a sort of dashboard for athletics.
Lacking space for storage? Have space to rent? Spacefinity
matches the have-nots with the haves and helps the haves convert their extra space into cash. The startup is tapping into the $22 billion storage industry and has 70 live space lords in Pittsburgh so far, says CEO Alex Hendershott.
Those looking for motivation to keep up with their physical therapy routines will gain support from Hability, a mobile tool that keeps patients engaged and therapists and family in the loop. “Compliance is in the root of attendance,” says CEO James Lomuscio.
Crowdasaurus stands at the intersection of crowdfunding and digital marketing. Projects with crowdfunding campaigns are matched with like-minded organizations—nonprofits or media outlets—who can benefit from the exposure they will receive by having content appear on the same page, says Josh Lucas, CEO. The Pittsburgh Foundation is already one of several beta testers on board.
Finally, a senior at Grove City College believes the college athletic recruiting system is broken. Her startup, ProfilePasser, is the only platform that brings players and coaches together on the field where the players can be seen and recruited, says Sam Weber, founder. The app is available in the iTunes store now.
Writer: Deb Smit
Source: AlphaLab, Innovation Works