Propel Announces 14 Traction and Growth Startups
Summary
Online startup accelerator Propel has announced 14 businesses joining the fall cohort of its Traction and Growth accelerator for scaling companies.Traction and Growth is meant for startups with more developed operations than those in Propels earlier-stage Vision and Validation program. To be eligible, entrepreneurs must have monthly revenue and be working on their business full time.These companies have soundly proven they have a customer, and now they enter this exciting phase where they refine their technology and zero in on how to capture that customer audience in a way that is predictable and scalable, said Propel CEO Kathryn Lockhart in a statement.Like all of Propels programming, the Traction and Growth Accelerator is open to applicants from across Atlantic Canada. Last year, the broader organization worked with more than 100 startups, and Lockharts team expects to exceed that number this year.Heres a look at the cohort:Three Hippies is a software-as-a-service company developing Locarius.io, a digital ticket platform that guarantees authenticity and ownership.Air Clarity Solutions is developing air filtration technology to remove indoor air pollution in industrial settings.Songflow is an online collaborative platform for musicians to record and edit music.Dependbuild sells cloud software to help municipalities and infrastructure developers identify, assess and track risks to their construction projects.INav4U has developed the Wayfinder Dashboard, which is an enterprise software platform for yacht management that offers real-time monitoring and alerts about a vessels operation.WSAs software-as-a-service product, PATH, makes supply chain and operations management software for the produce industry, with features such as lot traceability and help for users generating compliance documents.RemoteCon sells high-tech sensors and communications modules for the oceans economy.AIR sells mental resiliency training software to companies and organizations for use by their employees.Millennia sells edible, flash-frozen tea in three forms: loose-leaf, chopped and cubed.SiftMeds artificial intelligence platform automatically organizes medical records into a clearly labelled, searchable database for use by staff at insurance companies and law offices.SomaDetect uses optical technology to track the quality of milk being produced at the level of individual cows during milking.Seathru is developing a digital twin remote monitoring system for marine vessels meant to predict equipment failures before they happen.HerBiome make skincare products derived from plant extracts for treating inflammatory skin conditions like eczema, acne and psoriasis.