Startup accelerator gener8tor revealed on Thursday the five startups accepted into its latest gBETA Northeast Wisconsin program, which officially kicked off March 12.
The free, seven-week accelerator gives companies access to mentors, customers, corporate partners and investors. Unlike some of gener8tor’s other programs, the organization doesn’t provide any equity to participating companies.
Because of the COVID-19 crisis, and local and national government guidelines asking people to shelter in place, this spring’s gBETA program is entirely virtual.
“During a national crisis like the one we are currently experiencing, small early-stage businesses need our help now more than ever,” said Adrienne Palm, gBETA Northeast Wisconsin’s director, in a statement. “Trying to launch or sustain a company in a time like this requires ingenuity, creativity and extreme perseverance. I have seen the entrepreneurs I’m working with readily employ these skills masterfully over the past few weeks, and it has been my privilege to continue to forge ahead with the program virtually, despite the unique challenges that a situation like this presents.”
See all five companies below. (Descriptions provided by gener8tor.)
Future State: Co-founded by CEO Adam Hardy, Future State offers a platform for healthcare, education, and the public sector to share, integrate, analyze and take action on data collaboratively. Future State customers can build cross-system care teams, stronger predictive decision support tools for front-line personnel, and operate with a high-resolution picture of what’s working well, and what needs improvement, within their ecosystems. Future State’s MVP went live in Q1 of 2020 and will enter into a pilot phase with four initial customers in Q2 and Q3 of 2020.
KBD Oil: Founded by Kelly Baier, KBD Oil hand crafts luxury farm-to-product topical CBD products that alleviate pain and elevate mood. KBD Oil’s initial product offerings include two unique, oil-based fragrances and a potent body salve which are sold in boutique retail shops and directly to the consumer via an ecommerce platform. KBD Oil, a state certified hemp processor based in Appleton, launched in Q3 of 2019 and has grossed $10,650 in revenue to date.
Proceed.app: Co-founded by CEO Andrew Schmitz, Proceed.app is a visual knowledge sharing app for small and medium businesses. Proceed.app users crowdsource, manage and distribute onboarding experiences, standard operating procedures, and training materials using photos and videos to pass along organizational knowledge efficiently. Proceed.app soft launched in January 2020 and has 34 Early Adopters spread across multiple industries.
Roving Blue: Founded by Yana DeMyer, Roving Blue products and components harness electrolytic ozones, which dissolve in water, are more powerful than chlorine, quickly revert to oxygen and leaves no chemical residue, making it an eco-friendly and sustainable sanitizing solution for multiple market verticals. The current vertical roadmap includes water purification, food and beverage, medical, dental, and agriculture use cases. In Q1 of 2020, Roving Blue saw $62,550 in revenue, surpassing 2019 Q1 by 231 percent.
Vertbase: Founded by Justin Seidl, Green Bay-based Vertbase is a blockchain-built exchange for buying and selling digital assets, currently available in 117 countries. Vertbase’s current offering supports the exchange of crypto-currencies, but is expanding its offering to include a platform for the exchange of intellectual property as well, providing transparency, time-efficient management and accurate reporting for all use cases. In 2019, Vertbase, had a total transaction volume of $1.35 million correlating to revenue of over $85,000.
