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Governor Kathy Hochul today announced the 19 finalists for the seventh annual 43North startup competition. Finalists will head to Buffalo later this month to apply for one of eight investments totaling $ 5 million, including a grand prize of $ 1 million. Hailing from the US, Canada and the UK, these startups cover a wide range of industries from clinical trials to fintech services, sustainable agriculture, artificial intelligence and consumer tools.
“Buffalo has a rich history of innovation, and 43North continues that tradition by attracting some of the world’s most exciting startups to the region.” said Governor Hochul. “The clash of technology and talent is fueling remarkable economic growth, and we look forward to seeing this year’s finalists compete to be part of that transformation.”
The finalists were announced live by Kevin Siskar, VP of Portfolio and Selection at 43North, who led the diligence process along with over 60 jurors who reviewed applications, met with founders and made recommendations for selection.
43Northern President Colleen E. Heidinger said: “This is an exciting milestone in the hunt for our seventh cohort. All eyes are now on the 43North Final as we prepare to see these founders and a host of other guests in Buffalo for a memorable experience later this month. Person back to Shea’s Theater. “
Participants in this year’s 43North Finals will cheer on a new group of participants who will vie for a spot in the 43North portfolio and meet new judges. In addition to a top investment of $ 1 million and seven prizes of $ 500,000, the winners will receive free space in 43North’s new incubator in Seneca One Tower, advice from experienced mentors in their field, and access to other businesses -Incentive programs.
Over the past seven years, 43North has invested in a diverse portfolio of 51 companies, of which 31% are color pens and 23% are female founders. Almost half of these companies have maintained a physical presence in Queen City and created over 800 local jobs. One of the ranks is tech unicorn ACV Auctions, which took 43North to new heights after going public on March 24, 2021 as the first listed portfolio company.
43The Chairman of the Northern Board, Eric Reich, said: “The impact of this competition is undeniable: 43North’s portfolio companies have raised more than $ 1 billion, with an aggregate valuation of nearly $ 6 billion. By investing in top companies, we bring top talent and jobs to the region, support their growth, and fuel economic recovery in western New York. “
The 43North Finals are free to enter, but registration is required and spots are allocated on a first-come, first-served basis. Free tickets to the 43North Finals on October 28 at 6 p.m. ET at Shea’s Performing Arts Center can be reserved at 43North.org.
The 43Nord finalists in 2021 are:
Akala – Beverly Hills, California
Akala is a platform for the admission of higher education institutions that teach students from grade 8.
BetterMynd – Buffalo, NY
BetterMynd is an online therapy platform that works directly with universities to provide their students with access to a diverse network of licensed mental health advisors through the privacy and convenience of their laptops and mobile devices.
Big wheelbarrow – Austin, TX
Big Wheelbarrow is a software-as-a-service platform that enables grocers and grocers to manage supply chains to meet consumer demand for local groceries profitably, efficiently and safely.
BotFactory – New York, NY
BotFactory’s 3D printer product uses conductive ink so anyone can prototype circuit boards in minutes instead of weeks.
Cheelcare – Richmond Hill, Canada
Cheelcare’s three mobility aids turn any manual wheelchair into a power wheelchair, increasing the independence and comfort of users while preventing shoulder pain that is normally caused by lifelong use of a wheelchair.
FLOX – London, United Kingdom
The image processing technology from FLOX enables species-appropriate agriculture; It enables poultry farm owners to improve the health and wellbeing of chickens while being more ethical, profitable and sustainable.
Infiuss health – San Jose, California
Infiuss Health supports remote research / clinical studies with its Software-as-a-Service platform and connects clinical researchers in the USA and the EU with patient participants in Africa.
Capital wise – New York, NY
Kapitalwise’s microinvestment platform helps financial institutions test and deploy financial wellness tools such as calculators, content and templates to their existing clients.
Kilter – Madison, Wisconsin
Kilter is a mobile platform that enables people to turn their everyday activities into opportunities to raise funds for charity while building culture and community to make a global impact.
laundry – Mansion, TX
Laundris is a Software as a Service (SaaS) platform that helps hotels streamline and streamline laundry management, reducing expenses and operating costs by up to 40%.
Metabob, Inc. – Mountain View, California
Metabob is an AI-powered tool that cuts debugging in half by checking Python code for hidden errors and performance hitches.
Ognomy – Williamsville, NY
Ognomy’s HIPAA-compliant telemedicine platform helps people get tested, diagnosed, and treated for sleep apnea from the comfort of their own home.
Ontopical Inc. – Calgary, Canada
Ontopical uses machine learning and natural language processing to oversee local governments to help customers get extremely valuable signals about upcoming contract opportunities and policy-related business risks.
ShearShare, Inc. – McKinney, TX
ShearShare is a business-to-business (B2B) mobile platform that helps salon owners generate additional revenue by filling empty salon chairs as needed by connecting salon / barbershop owners with verified licensed beauty professionals.
Securities, LLC – Kalamazoo, MI
Tequity’s platform offers customers a no-code solution for building and deploying a successful mobile app in a fraction of the time.
Top Seedz – Buffalo, NY
Top Seedz produces artisanal crackers and roasted seeds packed with nutrients and flavor from the simplest of ingredients nature provides.
VeriTX Corp. – East Aurora, NY
VeriTX is a digital schematic marketplace that provides supply chain solutions for customers in the aerospace, medical and industrial sectors.
Verivend – Buffalo, NY
Verivend offers the fastest payment and payment method available, enabling businesses to transact with all customers and vendors, and a digital wallet that enables instant B2B and business-to-consumer (B2C) payments.
Zealot Interactive – Arlington, TX
The Zealot app is the best way to learn guitar and offers augmented reality video lessons for real musical instruments paired with state-of-the-art hardware.
About 43Nord
43North is an accelerator program that runs an annual startup competition and invests $ 5 million annually to attract and nurture high-growth businesses in Buffalo, NY. 43North portfolio companies also receive one year of complimentary Buffalo incubator space, mentoring in related areas, and access to other business incentive programs such as START-UP NY. 43North works with support from Governor Kathy Hochul, Empire State Development, the Ralph C. Wilson, Jr. Foundation, and several other sponsors. For more information on 43North, please visit www.43north.org.
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