This article first appeared in our sister publication the Boston Business Journal.
For the first time since Techstars Boston launched in 2009, all 10 of the startups admitted to its latest program call Greater Boston home.
The accelerator, which announced the members of its 2020 class on Thursday, is a three-month program that gives startups access to mentors, resources and investor experience. Its 185 alumni include notable companies such as PillPack, the online pharmacy acquired by Amazon.com, and Own Up (previously RateGravity), a personalized mortgage lending advice service that raised its $8.5 million Series A round last year.
More than half of the class has at least one woman among its co-founders, said Clement Cazalot, managing director of Techstars Boston.
For the next three months, the 10 companies will work together and share the same office space at GSVlabs in Boston’s Downtown Crossing. On April 16, the startups are scheduled to pitch their business plans on stage at a demo day program, in a location still to be finalized.
Every company admitted to the accelerator is offered a $100,000 convertible note; Techstars contributes $20,000 and in return receives 6 percent common stock from each company, according to its site.
“Techstars is going to be unique to each company,” said Cazalot, who didn’t share how many applications Techstars received for this year’s Boston program.
Below are the 10 companies in Techstars Boston's latest cohort. Descriptions via Techstars.
Cobu Real Estate
Living in apartment buildings can be a very isolating experience; Cobu makes it easy for residentsa to connect with their neighbors and neighborhood, turning apartments into homes. By creating a strong sense of community, Cobu helps leading building owners to increase resident satisfaction and retention.
Cortex Enterprise Software
Cortex’s enterprise SaaS platform is designed for brands to understand their visuals in order to make better creative decisions.
Kumuda Biotechnology, Pharmaceuticals
Kumuda's powerful search platform is expanding the small molecule drug target space to efficiently push discovery efforts towards successful first-in-class drugs acting on novel targets in the clinic.
Monitaur Enterprise Software, Security
Monitaur provides auditability, transparency and governance for companies usaing machine learning software.
Phoenix Tailings CleanTech
Phoenix Tailings provides an innovative, carbon-free aenvironmental solution by giving new life to metals mined out of industrial waste.
Precavida Health Care
Precavida is a healthtech marketplace with a personalized navigator that connects patients and healthcare services for timely, quality and affordable healthcare in Brazil and Latin America.
S/O/S Consumer Services
S/O/S introduces a network of interactive retail machines that deliver essential feminine care and beauty products from today’s top brands. The machines feature a large, engaging touchscreen and serve as a visually rich advertising platform. S/O/S delivers an innovative retail experience that women can finally trust and enjoy.
Statera Health IT
Statera is ushering in transparency, predictability, and simplicity to clinical compensation models.
Worthright Financial Insurance
Worthright helps seniors live the life they want to live after they retire.
Wunderite Insurance
Wunderite is building next-generation software for independent insurance agencies.
