Nine startups demo’ed today at Blueprint Health, the health-tech startup incubator nestled in a Soho office that opened its first session in January. The room was packed, the rock music was at an appropriate volume, and the sandwiches ran out before Betabeat got there (early!).
But what followed was a highly-polished series of demos, following the formula: introduction by a mentor, pitch, market opportunity, amount being raised and for what, and team. Most teams were highly polished, although the startups seemed to go from more to less compelling. “This is like extreme startup makeover!” one mentor said in his intro.
The companies are raising between $350,000 to $750,000 each. A survey of the guests showed a smattering of investors, a smattering of entrepreneurs, a few journalists and a vast number of Blueprint mentors.
On to the demos. Read More