Fall 2015 StartR Demo Day Recap
Last month, the graduating StartR Accelerator teams pitched their companies to the Rady community, industry experts and local investors as part of the program’s conclusion at StartR Demo Day.
The participating teams included ChaiBrew, Global E-Commerce Logistic Platform, Guru and LeadCrunch.
ChaiBrew hopes to transform the home brew tea market as Keurig did for coffee by offering a hassle-free automated brewing machine for fresh, no artificial ingredients and authentic tasting chai lattes. The team has completed a prototype and anyone interested is encouraged to sign up for progress updates and the team’s upcoming crowdfunding news.
Global eCommerce Logistic Platform
Global eCommerce Logistic Platform combines a cloud software platform with worldwide physical warehouses to help cross-border merchants to sell and deliver products efficiently and economically. By changing shipping from international to domestic, Global eCommerce Logistic cuts delivery time by 50% and shipping costs by 75%.
Guru is an online community marketplace that connects yoga students and teachers for lower pricing for students and higher earnings for teachers. The team is currently seeking companies to partner with to bring their high quality yoga service to the workplace.
LeadCrunch accelerates growth by generating high precision B2B leads using artificial intelligence. Unlike other lead generation and scoring technologies, LeadCrunch is a self-serve system that finds new leads that are most similar to your best customers.
Following the team pitches, Executive Director of the California Institute for Innovation and Development, Lada Rasochova, and Jacobs School of Engineering Executive-in-Residence, Larry Morgan, discussed two UC San Diego-wide funding resources for entrepreneurs: The Rady Venture Fund and Triton Technology Fund. Rasochova additionally announced a $1,000 award for each of the graduating StartR teams.
StartR is a nonprofit accelerator for Rady School students and alumni. Founded in 2013 by a group of Rady School students working on an independent study project, the mission of the accelerator is to provide hands-on company development, mentoring, advice and access to other resources for early-stage companies and student teams. The free, six month-long program is held twice a year on the Rady School's campus and up to six teams are selected per program. To date, 22 teams have participated in the StartR Accelerator program and four program graduates have been accepted into the prestigious San Diego business incubator, EvoNexus.
See the social media recap of Fall 2015 StartR Demo Day here.