CONTACT

 

ross@sunstationusa.com

Tel: 816-686-1345

 

SUNSTATION USA is your #1 resource for community sunscreen dispensers!

©2019 by SunStationUSA LLC. Proudly created by Amoveo Creative.

MAILING LIST

  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon

Capital Innovators invests in 6 new startups

Capital Innovators, the St. Louis-based technology startup accelerator, has invested in six new startup companies that will participate in its three-month program starting next week.  Each of the companies will receive $50,000 in exchange for an equity stake of between 5 percent and 10 percent.

 

Brian Dixon, COO of Capital Innovators, said the accelerator received hundreds of applications. This cohort includes one St. Louis company — Appbase, which was brought to St. Louis last year when it received a $50,000 non-equity Arch Grant — three out-of-state startups and one company from Israel.

 

 

Here is the list of new Capital Innovators startups:

– Appbase(St. Louis) is building a streaming database for powering Internet of Things-age software. Led by CEO Siddharth Kothari.

– Collabra(Louisville) has developed a suite of ed-tech tools helping arts instructors and their students save time, meet institutional and state requirements, ensure accountability, easily exchange feedback, accelerate growth and quantify results. Led by CEO Ron Karroll.

– Heartbeat(Israel) has developed an algorithm that enables doctors, nurses and patients to monitor hemodynamic parameters and provide care management with actionable information to help prevent hospital re-admissions and advanced remote monitoring. Led by CEO Michael Kasan.

– RippleNami(San Diego) is a business-to-business technology company working in developing nations to deliver mapping solutions that solve critical problems. Led by CEO Jaye Connolly-Labelle.

– Stratifund(Minneapolis) is a provider of independent equity crowdfunding due diligence and ratings to help investors make informed investment decisions. Led by co-CEOs Marc Snover and Alex Thaler.

– Sunstation USA(St Louis) has developed weather resistant, all-natural, touch-free sunscreen dispensers. Led by CEO Ross Donaldson.

 

Capital Innovators, which operates out of the @4240 building in the Cortex innovation district in Midtown, was founded by CEO Judy Sindecuse in 2010 at a time when the term accelerator was just catching on in Silicon Valley entrepreneurial circles.

To date, Capital Innovators has invested nearly $6 million into 70 companies. Those companies have created 667 jobs and have raised $185 million in follow-on capital following their participation in the Capital Innovators program.

 

A study published by investment research firm CB Insights found Capital Innovators was the third best accelerator in the country for post-program money raised by startup founders.  To that end, Sindecuse last year launched a follow-on investment vehicle for Capital Innovators portfolio companies called the Lindbergh Technology Fund.

 

Here’s a look at some of the biggest deals Capital Innovators portfolio companies have closed to date:

  • Gainsight’s $50 million round led by Insight Venture Partners (November 2015)

  • Gainsight’s $25 million round led by Battery Ventures and Summit Partners (November 2013)

  • Gainsight’s $20 million round led by Bain Capital (October 2014)

  • Norse Corp.’s $11.4 million round led by KPMG Capital (October 2015)

  • LockerDome’s $10 million round led by Cultivation Capital (December 2014)

  • Label Insight’s $10 million round led by KPMG Capital (February 2016)

Share on Facebook
Share on Twitter
Please reload

Featured Posts

Mission Driven Startup Radically Thought Through Business Model to Reach Sustainable Business Goals

April 9, 2018

1/7
Please reload

Recent Posts

May 25, 2017

November 10, 2016