MANCHESTER, NH – Three companies walked away from this year’s Tech Out Awards top honors with a combined $100,000 in funding for their New Hampshire-based startups.
The annual event, made possible by NH High Tech Council and Alpha Loft, was held Oct. 7 at Dyn.
First-place winner IndustryMD won a $50,000 first prize, AlignRevenue took home $30,000, and crowd favorite, Slipstream Music Player, walked away with $20,000. First and second place prizes were determined by a panel of judges comprised of business experts, entrepreneurs and venture investors; the third-place slot was determined solely by the evening’s audience of more than 200 people.
“We’re so fond of TechOut because of the energy it brings to the entire start-up community and the opportunity it brings to not only the winners, but all involved in the process of pitching, judging, learning and innovating,” said Matt Cookson, the Council’s executive director. “Congratulations to IndustryMD, AlignRevenue, and Slipstream Music Player – we can’t wait to see how these remarkable companies grow next.”
IndustryMD, presented by founder Jim Kelly, is an online search platform that solves the challenges faced across multiple industries by curating and aggregating B2B solution vendors across all industries and connecting those solutions with customers.
AlignRevenue, based in Nashua and presented by CEO Ric Pratte and CMO Margaret Donnelly, is an interactive online meeting platform that engages buyers and automatically updates customer relationship management (CRM) software. It is focused on B2B inside sales, and has participated in several of the Council’s and Alpha Loft’s programs to help launch and nurture new companies.
Slipstream Music Player, based in Barrington, was presented by founder Garrett Cypher. It is a group music player and sharing application that lets users and their friends view and play each other’s music and vote on what music plays next.
TechOut, now in its fourth year, is open to startups that have been in business for fewer than three years, raised less than $250,000 in funding and have less than $250,000 in revenue. It is produced in partnership with Alpha Loft, and has helped nine past winners launch and grow their businesses in the Granite State.
The lead sponsor for the 2015 TechOut competition is Borealis Ventures. Other sponsors are FairPoint Communications, Dyn, Cook Little Rosenblatt Mason, Credit Suisse, Eastern Bank, Dunn, Rush & Co., Entrepreneurs Foundation of New Hampshire, Berry Dunn, Hypertherm, TD Bank, Howe, Riley & Howe and New Hampshire Business Review.
Judges for the event included: Mark Kaplan of Alpha Loft; Gray Chynoweth of SilverTech; Toral Cowieson of The Internet Society; John Joseph of Data Gravity; James Key-Wallace of Vested for Growth.
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