"...diverse emerging fund managers have the networks, insight, social contracts, and oftentimes more applicable experience to source, coach, connect and invest in previously underestimated entrepreneurs. Billions of dollars in market capitalization are being left on the table by the venture capital community."
TBBJ • As leisure travel begins to increase, Embarc Collective member company WanderSeat is launching its "Mistake Fare" tool. Users will be alerted when prices for their trips are significantly lower than the average offering. The "Mistake Fare" tool will be available starting October 9 for users in the Tampa Bay region.
St. Pete Catalyst • The Tampa Bay Innovation Center just completed its second B2B Accelerator. Included in the cohort was Embarc Collective member company Real Random, which is a security solution for enterprise users that provides true random numbers that are impossible to predict.
83 Degrees • Embarc Collective, in partnership with the University of South Florida's Women in Leadership & Philanthropy, Synapse, Tampa Bay Wave and Tampa Bay Business & Wealth, are hosting a virtual event on October 22 to connect women investors in Florida with women startup founders to improve the outcomes of women-led ventures in Florida.
HR Drive • Companies largely haven't cut back on fitness classes, citing cultural and employee-health concerns as cause for continued investment. Embarc Collective member company Peerfit, a provider of these fitness experiences, launched a new digital fitness product to keep users engaged through the pandemic.
Elevator Pitch: An online notarization company that allows you to sign and notarize your documents online, anytime, anywhere.
Position: Mid Level Software Developer
Position Highlights: eNotaryLog is looking for a Mid Level Software Engineer to join growing team. This person is responsible for the end-to-end planning, building, and deploying of our software systems. He/she will be able to drive the programming of well-constructed, testable code. The ideal candidate will have a broad technical background, a solid understanding of applicable analytics, and a natural curiosity for producing effective solutions.
In honor of Latinx Heritage Month, we're exploring resources available to help scale Latinx-led ventures. This is the fastest-growing segment of startup founders and can add another $1.4 trillion to the US economy (source: Aspen Institute).
🏦 The Next Evolution of Capital - Village Capital has put together a database of funding sources focused on underrepresented founders, including Latinx entrepreneurs.
🤝 Latinx Startup Alliance LinkedIn Group - join nearly 1,000 members of the Latinx startup community. The mission of this group is to encourage the inspiration and cultivation of Latinx-led startup tech ventures by providing a support network of fellow Latinx founders, mentors, advisors, innovators, partners, and investors.
💻 Jopwell - the leading career advancement platform for Black, Latinx, and Native American students and professionals.
The American Dream: A Conversation with Manny Medina and Elias Torres
Elias Torres, CTO of Drift and Tampa native, talks with Manny Medina, CEO of Outreach, about their pursuit of the American Dream as Latinx tech entrepreneurs. They outline the process and tips for startup fundraising, among other topics.
Indie.vc is designed to fund and support founders on a path to profitability. On average, companies backed by Indie.vc have increased revenues 100%+ in the first 12 months of the program and around 300% after 24 months post-investment. Post-revenue tech and tech-enabled companies are encouraged to apply.
Revolution's Rise of the Rest Seed Fund, Morgan Stanley's Multicultural Innovation Lab, and 100 Black Angels & Allies Fund will invest $2M in 3 companies. Teams who are 18+ years of age with founding team members who identify as Black, are US-based and are headquartered anywhere in the United States except for Silicon Valley, CA; New York City, NY; and Boston, MA, are encouraged to apply.
The 1-year fellowship offers networking opportunities with a premier peer community, 1-year access to education programs, a $5K grant and a chance to be selected to participate in a pitch competition. Women-led companies generating at least $75K in annual revenue are encouraged to apply.