VentureOut was proud and excited to host the 2017 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:
The focus for this edition was on innovative start-up teams from Austria in the fields of FinTech, Life Science, Biotech & Health, Energy Technology, New Materials & Process Engineering. The startup selected were the following.
Global #1 community for medical ultrasound & echocardiography with more than 30,000 alumni and 400,000 users from over 180 countries.
123sonography is leading the way in helping healthcare professionals get the best education to improve health outcomes.
While developing the courses and defining the learning objectives at 123sonography, we strictly follow the scientific guidelines on how to assess and manage your patients with the help of ultrasound. Choose between Diploma Courses, micro-learning apps, webinars, and subscription memberships – we have a matching learning path ready for you!
BHS Technologies is a medical device manufacturer who is producing and selling devices for the surgical market. The company will bring a revolutionary surgical microscope to the world market in 2020 to enable surgeons using revolutionary robotic, virtual reality and live frame processing technology in the operating theatre. The company has already several letter of interests from surgeon and medical device distributors who what to use or sell this new technology. In 2019, BHS won the Tyrolean Innovation Award for its RoboticScope in the "Technical Innovations" category.
Folyo is an Online-Platform for trackable and measurable Outdoor Advertising on ridesharing cars by combining Real-time Big Data and Ground Truth Information.
It benefits both advertisers and ridesharing companies with flexibility, pay-per-performance and easy setup.
Folyo expects to expend to other types of outdoor advertising such as Public Transport or Billboards.
GoStudent is an early stage, venture-backed edtech platform disrupting the tutoring market and bridging the knowledge gaps of young people. Revolutionizing how students study and get information, GoStudent provides them with a network of qualified tutors and students that help them with their school-related questions via chat or in 1on1 video sessions.
They want to shape the future of learning as first mobile tutoring platform truly dedicated to the idea of “Students first”, with products that are perfectly tailored to the fast-paced & mobile-focused lifestyle of today's teenagers.
Guh GmbH is an IoT aPaaS (application Platform as a Service) provider.
Its product Nymea is the 1st IoT operating system, which enables B2B customer to build highly scalable digital services in no time.
• Saves time and money in comparison to a proprietary in-house solution
• System stability and security are our top priorities
• Unrivalled time-to-market
Banking’s boring and that’s a problem for banks and their customers: When banking’s boring there is limited loyalty and it’s hard to differentiate. For customers, whilst banking may be important its complexity and dullness keep people from paying attention and being good at it. The Moroku GameSystem is a cloud based server with a range of capabilities to make banking fun along with the integration layers and consoles to view analytics and change the rules and the content on the fly. The company makes money through a subscription service to banks and distribution agreements with some large fintechs.
MYPIO
Mypio is a telecommunications service which allows smartphone users to have a second fully fledged number on their mobile, without requiring a second SIM card, additional device or multi SIM phone. Calls use voice telephony and therefore have great quality and stability.
Mypio App is currently available in Austria and Germany and is one of the 1st Apps to offer a second Austrian and German number via App in these countries.
With “PlayersVote”, fans can engage before (pre-game), during (live), and after the game (post-game) through FB Messenger. It aims at evolving fan expectations drastically by covering the entire fan journey. Fans can rate team and player performances to compete with the entire community, all gamified and easily “shareable” via communication services like Facebook, Twitter etc. This will take fan engagement in sports to the next level, as “PlayersVote” gives fans a real voice.
Sendmate, developed by Record Bird GmbH, is a service that allows individuals, companies, and agencies to easily send personalised messages at scale via Facebook Messenger.
Sendmate helps you to send hyper-targeted messages to your fans on Facebook Messenger.
Usersnap is a digital product building platform, building solutions from development to user feedback and customer service by providing a software that responds to today’s standards of running a digital product.
They offer a 360° suite for building and running digital products, which includes:
Track, a software to plan, track, report the development process of your product Feedback, a software to get feedback from customers and users, including NPS Chat, a software to provide outstanding customer care inside your product.
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, 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.
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.
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.
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.
Pictured below: some of the highlights of the program.
Meet the Austrian Cohort
Brainstorming
Private Event
Workshop
Law & Immigration
Discussion Panel
Team on the Move
Company Visit
One on One Discussion
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.
Trace Cohen is a serial entrepreneur in NYC and now the Managing Director of NYVP making angel investments in the best startups/founders.
He was the President and Co-Founder of Launch.it, a new self-publishing platform for PR professionals, agencies and brands to launch and socialize everything new.
Prior to that Trace was an SVP at iFluencePR where he “created understanding for a complex world.” He specializes in strategic PR for tech companies looking to develop their communications, branding and outreach strategies to connect with their communities and costumers with transparency.
Conor is an Associate for ff VC, one of the best performing seed- and early-stage venture capital firms investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. ffVC identifies and invests in technology and technology-enabled companies at their inception – across geographies and emerging industries.
Conor graduated from Boston College with a B.S. in Management and Marketing and received his M.B.A. in Private Equity and Finance from The University of Texas in Austin - Red McCombs School of Business. Conor has a lot of experience as an Associate working with Park Street Capital and Seven Peaks Ventures.
Ece focuses on investments in application software and business services companies in venture and growth stages. Prior to joining Bain Capital Ventures, Ece worked at BlackRock, where she focused on developing and executing exposure management and trading strategy solutions for large institutional clients. Ece graduated from Harvard College with a B.A. in Economics and a secondary concentration in Government. She also held positions at Google, where she worked on market expansion and sales strategy, and in Morgan Stanley’s Capital Markets group.
Craig is the President of Branison Group. Branison Group provides merger and acquisition (M&A) advisory services to business owners, corporate executives and private equity groups.
