It’s graduation day at the Entrepreneurs Roundtable Accelerator, and the audience for the demos–heavy on the enterprise offerings, but with a buzzy online dating startup spicing up the proceedings–was the biggest we’ve seen it. Betabeat arrived at the IAC HQ even later than usual and so found ourselves relegated to the standing-room-only section, behind a small mob of dudes with messenger bags.
Sidling up to a table, we almost bumped into the fashionably attired cofounder of Trendalytics, practicing her speech in a mutter and pacing the floor in sky-high nude heels.
Without further ado, the companies:
Well, here we are again: Time to unleash a new class of freshly minted accelerator graduates upon the New York tech scene. This morning investors, reporters and supporters gathered in the Starfleet Academy-like environs of IAC’s Chelsea headquarters for Demo Day.
But first, a few facts and figures from managing director Murat Aktihanoglu re: the state Read More
Upon arriving at the NYIT Auditorium this morning for Entrepreneur Roundtable Accelerator’s second-ever Demo Day, Betabeat found what could only be described as a crush. The lobby was packed with sharply-dressed investors enthusiastically meeting and greeting. An (admittedly unscientific) survey of name tags revealed several managing directors and partners. Meanwhile, T-shirt sporting founders milled about, charm turned up to the max.
Attendees filtered only gradually into the theater, but eventually ERA cofounder Charlie Kemper called the meeting to order. After a few words about ERA itself, he warmed up the crowd by pointing out that all 10 presenting companies already have users and product in market, while 60 percent already have revenue. Not too shabby.
We outlined this class of ERA attendees back when they were first announced. Here’s how they turned out.
The first class to graduate from the Entrepreneurs Roundtable Accelerator summer 2011 program nabbed funding from venture shops like First Round Capital, ff Venture Capital, High Peaks Venture Partners, Lerer Ventures, Lightbank and RRE Ventures. Today ERA announced its second class, a group of ten young companies, some of whom Betabeat has met before. (Although Dibsie, an interactive shopping catalog, was a finalist on Betabeat’s first original webseries, The Pitch.) You can meet all the new startups and find their websites below. All the companies get a $25,000 investment, office space in Times Square and access to ERA’s group of more than 200 mentors.