VentureOut was proud and excited to host the 2019 edition of the Austrian Pitching Days, a 1-week program designed to help immerse a promising delegation of Austrian technology companies into the NY Tech community.
The Startups:
Cozyo
Cozyo is e-commerce recommendation engine for interior design which helps create infinite looks & designs for homes.
Utilizing computer vision and proprietary placement algorithms to suggest possible décor items, the AI-powered assistant learns from customers preferences and provides the latest trends and enables customers to purchase goods directly on their platform.
http://%20www.cozyo.ioDecide Clinical Software
Up to 30% of inpatients have diabetes type 2. The treatment is complex, risky and complicated. Decide Clinical Software’s solution is its product GlucoTab. GlucoTab is a software that supports and optimizes the treatment process and calculates the patient-specific insulin dose. As a result, the product significantly improve treatment outcomes, as demonstrated in clinical trials and already have regular customers in Europe.
http://www.glucotab.at/enONDEWO
Ondewo offers a highly customizable conversational AI platform. Based on natural language, the algorithm learns from each client’s specific use case, which leads to unique user experience. They intend to shift towards a license-based business model and become the "SAP of Conversational AI" with a strong network of resellers and IT integration partners that are able to use our conversational AI platform to create value for their clients.
http://www.ondewo.comPiur Imaging
PIUR disrupts the medical imaging sector with innovative, proprietary tomographic ultrasound technologies. It offers solutions for diagnostics, interventions, and therapy surveillance. PIUR extends regular ultrasound devices, enabling high-resolution tomographic ultrasound imaging, for up to 50% time savings over standard procedures and elimination of side-effects.
http://www.piurimaging.comRewellio
Rewellio gamified therapy for stroke survivors with motor malfunction by combining virtual reality and gesture control. Rewellio offers a training option available at home, in therapeutic communities. With their hardware and software products, Rewellio’s goal is to support stroke patients on their difficult journey to rehabilitation in an affordable, easily accessible and effective way THE STARTUPS.
http://www.rewellio.comT3K Forensics
T3K-Forensics brings artificial intelligence to mobile forensics, developing state-of-the-art software for automated analysis of smartphone data extractions, to help simplify and speed up mobile forensic investigations. T3K-Forensics’ analytic solutions are used by law enforcement and immigration authorities, complementary to the most commonly used smartphone extraction toolkits.
http://www.t3k-forensics.com/enVisionX
The development of web, desktop and mobile applications currently takes far too much time and know-how. Due to the digitization of all industries, the demand for software has continued to rise, despite the lack of qualified developers. VisionX is a low-code platform to create web, desktop and mobile applications very efficiently and visually.
VisionX combines the simplicity of low code with the unlimited possibilities of Java, whereby the applications created only use Java open source frameworks and therefore avoid any vendor lock-in.
x.News
x.News is a powerful tool that gathers all the latest story information and content on one personalized dashboard. Offered for any organization that needs to be constantly up-to-date, the tool makes researching news stories up to 10x faster by curating news from news agencies, trusted social media accounts, websites and internal sources. It is sold mainly through individual subscription fees.
http://www.x-news.io
Our PartnerS:
The Junge Wirtschaft, the Austrian economy and AWS – i2 Business Angels Austria invited up to ten selected Austrian start-ups to take advantage of their opportunity to inspire US and international investors for their business ideas and to conclude international investments in New York. We were happy to power the program in NYC for them.
Advantage Austria
ADVANTAGE AUSTRIA, with its about 110 offices in over 70 countries, provides a broad range of intelligence and business development services for both Austrian companies and their international business partners. Around 800 employees and 35 consultants around the world can assist you in locating Austrian suppliers and business partners. They organize about 1,200 events every year to bring business contacts together. Other services provided by ADVANTAGE AUSTRIA offices range from introductions to Austrian companies looking for importers, distributors or agents to providing in-depth information on Austria as a business location and assistance in entering the Austrian market.
www.advantageaustria.orgWKO
The Austrian Economic Chambers represent more than 517,000 member companies. As the voice of Austrian business, They are committed to forward-looking policies which benefit the economy such as tax relief, cutting red tape, subsidies.
The Economic Chambers are modern service providers and provide expert advice on topics from labor law to customs information.
Through educational facilities - WIFI, universities of applied sciences - They contribute to improving the competitive ability of domestic companies.
JW
The young economy is a network for young Austrian entrepreneurs. In addition to national and regional events, the network offers many international exchange opportunities, further education and the opportunity to get in touch with entrepreneurs from all over the world. International cooperation is the key success to the entrepreneurs of the Young Economy network.
www.jungewirtschaft.atAWS
Start-up, growth & internationalisation with federal promotional services from the aws.
www.aws.at/en
One-Week Accelerator Program:
Our one-week hyper accelerator is an opportunity for the most promising early-stage technology companies abroad to become immersed in the tech community of New York, meeting with leading U.S. startups, corporations, and venture investors. We empower our international entrepreneurs with the education, resources and connections needed to successfully raise capital and launch their business in the U.S. market.
Among other sessions
The short video below, edited by WKO, gives a good overview of what the program was like.
Pitch Night:
The pitch night is the capstone of every VentureOut Program. We started with networking, cocktails, and hors-d’oeuvres. Following a round of introductions, each startup pitched for 3 minutes and received feedback from each investor on the panel. The night was capped off with more networking and refreshments.
Our investor panel featured:
Jessica Gerber
Angel Investor
37 Angels
Jessica is a trusted advisor with over twenty-five years of experience of strategies and solving critical business issues for companies of all sizes.
At 37 Angels, Jessica is an active member of the women investor community and is passionate about investing in early-stage companies lead by both men and women.
Prior to 37 Angels, Jessica worked for Ernst & Young and as the vice-president of Avalere Health where she developed a deep health care expertise.
http://www.37angels.comHan Jing
Investment Associate
Differential Ventures
Previously, he working on sourcing post-Series A companies at Startupbootcamp. In addition, he was an associate at Silver Field Capital, a Chicago-based private equity firm. In another life, Han was an engineering lead at Walmart Labs in the Bay Area overseeing development in the eCommerce and R&D division. He’s led efforts in personalizations, adtech, and health and wellness in the engineering org. On the side, he taught coding at Hack Reactor and Redwood City School District. He is actively involved in the Chicago Booth Angels network.
Han earned a Masters in Business Administation from the The University of Chicago Booth School of Business, a Masters of Engineering in Computer Science from Cornell University, and a Bachelor of Arts in Political Economy from the University of California, Berkeley.
www.differential.vcPaul Quigley
Associate
HOF Capital
Paul is an associate at HOF Capital where he leverages his technical background to build out HOF’s technology stack, which is used to source deals and test investment hypotheses.
He previously was a Software Engineer at Addepar, a Forward Deployed Engineer at Palantir., and a fellow at Lightspeed Venture Partners. Paul received his Bachelor’s degree in Computer Science with a focus in Artificial Intelligence from Stanford University.
hof.capitalLuis Valdich
Managing Director
Citi Ventures
Luis is responsible for Citi Ventures NY and for making venture capital investments in fintech startups in the US and Europe with teams in NY and London.
Citi Ventures is Citi's innovation engine of Citi and its mission is to harness the power of the franchise to help people, businesses, and communities thrive in a world of technological, behavioral, and societal change. Citi Ventures has four practice areas: Venture Investing, D10x, Emerging Tech and Studio.
citi.com/ventures
More Info
Want to learn more? Click here to discover the Live Tweet of the program
You are an Austrian startup and want to join one of our upcoming programs? Click here to connect with us
Want to know more about VentureOut & Austria? Click here to see our Austrian Programs
THANKS TO OUR SPONSORS:
Dentons
Dentons is the world's first polycentric global law firm. Dentons' newly acquired Venture Technology team is a top-ranked practice focused on technology, with a core emphasis in digital media, mobile, adtech, data privacy and fintech and exclusively represents startups and venture capital funds. In this strategy session, the Venture Tech team will speak one-to-one with each company regarding international expansion plans, strategic legal issues, IP concerns, term sheet strategy and more.
http://www.dentons.com
Withum
WithumSmith+Brown, PC (“Withum”) is a nationally ranked Top 30 Firm that empowers clients with innovative tools and solutions to address their accounting, tax and advisory needs. Our highly responsive team of professionals offers deep industry expertise and service experience to help our clients grow and thrive— to Be in a Position of Strength.
www.withum.com
Escalon Services
Escalon exists to unburden entrepreneurs. We want to give you back your most important asset: time to focus on growth. Since 2006, we’ve leveraged our team’s extensive hands-on experience to help CEOs handle their business’ operational and tactical needs at all stages.
Our proactive approach means we’re more than a service provider: we’ve become a trusted ally. We deliver customized and comprehensive solutions for handling non-core yet essentials functions, like finance & accounting, HR, payroll, tax, and benefits. Based in the Silicon Valley, Escalon serves startups and growing companies from over 16 different countries.
escalon.services
CSG
With great pride borne over 45 years as a regional law firm, Chiesa Shahinian & Giantomasi, formerly Wolff & Samson, continues to advance our client’s legal and business success through in-depth insight and creative solutions. As respected legal and business advisors, our attorneys play an integral role working closely with clients from a diverse range of industries on matters big and small, on a local, regional and national basis.
www.csglaw.com
OCO Global
Here at OCO we’ve been working at the heart of Trade and Investment for 20 years. Whether its leading agencies such as DIT, JETRO, Invest Hong Kong, partnering with the world’s most high profile consulting firms, or working with companies directly, OCO supports its clients in building and executing successful plans to attract international investment and grow businesses in new markets.
With presence in the key commercial centres in Europe, Asia, America and the Middle East, we employ a multi-national and multi-lingual team dedicated to delivering success.
La Playa Insurance
Our specialist teams are true experts in their fields, committed to outstanding service combined with first class advice and customized insurance programs for Science & Technology, Media & Digital, Arts & Entertainment, Fine Art, Private Client.
What sets us apart is the advice we offer: we really know our stuff. We listen, we analyse, we advise you on how to eliminate or mitigate your risk, and how to protect yourself against what remains.
http://www.laplayainsurance.com
Trinet
TriNet provides small and midsize businesses with a full-service HR solution so they can free themselves from the complexities of HR and focus on their goals. As their trusted HR business partner, TriNet assumes many of the responsibilities of being an employer and helps these companies contain HR costs, minimize employer-related risks and relieve the administrative burden of HR. TriNet offers bundled HR products tailored by industry and strategic HR services, resulting in a comprehensive and empowering solution.
www.trinet.com
Clarity PR
Clarity PR is an international public relations agency specializing in strategic communications for fast-growth technology companies. The company is known for its strategic approach to PR and its impactful, editorially-driven media relations campaigns. Headquartered in London with offices in New York and Berlin, the Clarity team works with companies ranging from promising new startups to multinational organizations. In 2016, Clarity was ranked among PR Week's Top 150 technology PR firms in the UK.
http://clarity.pr
Collectively
Collectively is a digital agency that believes technology can radically change the status quo.
Through strategy, design, and development, we work with entrepreneurs, changemakers, and institutions to create technology that empowers people to overcome their biggest challenges.
http://docollectively.com