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ignite100 Demo Day Round Up

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ignite100 Demo Day Round Up

On December 5, 2012, Posted by , In News, By ,, , With No Comments

Yesterday I popped along to the ignite100 accelerator Demo Day in London.

In their words:

ignite100 is a mentorship-led accelerator program for start-ups but with a big £100,000 difference. We provide seed capital, office space and mentors, and the runway necessary to sustain momentum after the end of the acceleration programme. ignite100 comes in the shape of an intensive 13 week programme based in Newcastle in the North East of England

Here is a quick summary of the nine teams that presented.

inquire.ly

  • Their mission is to make forms awesome
  • “Survey Monkey valued at $10m but their product hasn’t changed in 10 years”
  • Build pro forms without technical skills
  • Backend analytics and reporting
  • Automatically builds profiles of respondents
  • Launched beta in April, working with IPC on Golf Monthly Mobile App.
  • 30,000 people have “seen” their forms
  • Looking for an additional £300k in funding
  • http://inquire.ly/

Order Harmony

  • Solves back office chaos for e-commerce businesses
  • Lots of solutions for store and taking payment, but not much for managing inventory and managing orders
  • Wrong inventory kills cash flow
  • 27 paying customers – average life time revenue £1.100, 20% m-o-m revenue growth
  • Integrating other SaaS channels to handle multi channels orders – next integration shopify
  • Looking for £300k funding
  • http://www.orderharmony.com/

MatchChat

  • Connecting sports fans around the world.
  • Live sport generates massive amounts of real time content but fragmented across different social platforms
  • Content providers like EPL are missing opportunity to engage fan base
  • Web app – in beta – focusing on football at the moment
  • Connect and share with fans in real time
  • Provide audience data back to football clubs
  • Looking for £300k funding
  • http://www.matchchat.co.uk/

Future AdLabs

  • “We make advertising engaging”
  • Captcha’s completed 300 million times a day, taking 15 seconds each – 110 billion completed per year
  • 1 in 4 attempts fail
  • Created in 2000 for just the desktop environment
  • Touch and gesture has replaced the keyboard
  • PlayCaptcha improves the failure rate and delivers a better user experience
  • Move the advertising from where they ignore (banners) to where they spend 15 seconds x 300 million a day
  • Made for mobile – completed by touch
  • Alpha now live on 3rd party site – 92% success rate on completion
  • Looking for 300 – 400k – launch Q2 2013
  • http://www.futureadlabs.com/

Pinster

  • Measure and optimise social media campaigns for brands
  • Focused on measurement of pinterest
  • As Pinterest offer no api and have weak community support, brands are hungry for support
  • Generate infographic style reports
  • http://www.pinster.me/

 Chadex

  • US and UK charities raise 100 billion a year through online donations
  • Costs 30p in every pound to fund raise for them
  • Focus is reducing the cost of fund raising online
  • Donor profile allows the charity to specify who to target
  • Already making £5,500 a month from taking a small percentage of the savings they make for the charity
  • Looking to raise 250k
  • http://www.chadex.co.uk/

beatnode

  • 10 million musicians published content online in 2011
  • But social is too noisy – content gets lost
  • FaceBook charging artists to contact their own fans
  • Fragmented, no ownership
  • beatnode simplifies and automates marketing tasks
  • Build websites from templates or use api
  • Share to unlock feature to support marketing campaigns
  • Identify your superfans – engagement score for all fans
  • 5 artists have exclusive access – 85k interactions – 500% increase in downloads
  • Looking for 200k
  • http://beatnode.com/

fantoo

  • Making email simple and intelligent
  • Visual dashboard to organise email
  • Auto sorted tiles, looks like pinterest
  • Visual connections with messages
  • Layer on top of online email providers
  • Affiliate marketing promotions based off crm
  • Looking for 300k in funding
  • http://www.fantoo.net/

Earsoft

  • Improves the sound on any smart device
  • Give anyone HD sound
  • Overcome volume  problems and enhance anything from movies, games, podcasts to conference calls
  • “Purple cloud” is their b2b product for telcos to improve conference calls
  • “Volume” is their b2c offer to sound boost on laptops, tablets etc
  • http://web.earsoft.co.uk/

To learn more about the teams and ignite100, reach out to Paul Smith.

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