Propel Announces 12 Traction and Growth Startups

Funding Rounds

▤ Summary

Virtual startup accelerator Propel has announced 12 businesses joining the spring 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.This is an exciting stage for these founders, as they continue to build and shape their companies to their fullest potential, with a laser focus on the customer, said CEO Kathryn Lockhart in a statement. Its terrific to see such a wide range of solutions from across Atlantic Canada.Like all of Propels programming, the Traction and Growth Accelerator is open to applicants from across Atlantic Canada. Heres a look at the latest cohort companies:Atlantiq AI sells AI employees for small businesses that need to fill staffing gaps, but prefer not to hire a full-time employee.Cynapse is a dashboard app that helps organizations track their key performance indicators.HCRS is working on using augmented reality to give information to workers, such as step-by-step directions for tasks.Trippl is an online travel-booking platform that hopes to compete with incumbent players by charging lower commissions.Get It Picked is an on-demand delivery service launching in Nova Scotia as its beachhead market.Floqer makes sales software that emphasizes automation and data analysis, such as via web scraping.Starluv is an online marketplace on which users can buy and sell pre-owned clothing and accessories.Paradoss software analyzes video of workers performing a variety of different movements to assess the risk of someone experiencing a workplace injury.Sayfaya is an on-demand car cleaning service that will travel to the customers doorstep.Steady Innovation Corporation matches contractors with clients in an end-to-end solution from bidding to payment.Hermetik is developing trading strategies for cryptocurrency, with a particular emphasis on disciplined risk management.

$ Funding

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Amount - Total raised
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Date May 7, 2024 Announcement date
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Investors - Lead investors
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Company http://www.cynapse.com Funded company

▥ Classifications

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applications
Web and Content Management

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Business Intelligence Dashboard Software Data Analytics

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