. Five Startups Graduate from NYC's SeedStart
Earlier this week, accelerator, SeedStart, graduated its first class of companies. The incubator is owned by NYC Seed, a group of investors helping early stage companies. Around 200 companies applied for the eight-week program at SeedStart, but only five were picked.
"It's kind of like graduation day," said Owen Davis to The Wall Street Journal, who runs the NYC Seed and the SeedStart program. The companies gave their pitches to a group of VCs and entrepreneurs. After graduating, the companies will now start hunting for venture capital. Here's a quick look at the new companies:
- Lexeem is a platform for launching quality translations. Anyone can post free translations, then the community votes the translations up or down. Businesses can also work with Lexeem to find and hire the best translators for freelance work.
- DataDog helps software developers and IT operations collaborate easier. Instead of working in isolation, DataDog believes collaboration will be more effective.
- Introspectr is a search engine for all personal cloud-based accounts. Taking access to all webmail, social networks, etc. the site gives you a single search box to look through all of them and then give you relevant links, messages, and photos.
- Reducify helps explain and understand people's electricity bills. Breaking down electricity use by product in a home, you can then tell how much items like your refrigerator and air conditioners cost.
- Risktail is an analytics platform for stock options and model risk associated with them.
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> Startup Accelerator SeedStart to Launch This Summer
> City's First Startup Incubator Celebrates its One Year Anniversary
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