Inside gBETA Indy’s Spring 2019 cohort
Summary
Previous participants found success quickly: the ten alumni of the gBETA Indy program have raised over $2.5 million in follow-on financing, attended four equity-based accelerators, and have grown to employ 60 full-time employees. The spring cohort represents a diverse mix of Indiana’s entrepreneurship ecosystem, with companies from Lafayette, Indianapolis, Carmel, and Bloomington—80 percent of which are led by minority and female founders. “I think this cohort will definitely be able to achieve similar success to the previous two, and I can’t wait to see the results!” The five companies have already spent several weeks in the program, connecting more closely to the local tech ecosystem. We have lots of new things in the works, and we’re so excited to see what the future holds for Café Baby!” Echoing the experiences of entrepreneurs who have already gone through the program, Karyosoft’s founder and CEO Rajesh Perianayagam finds the networks gBETA unlocks to be incredibly valuable. “Chelsea and the team have really pushed us and held us accountable on things that will help us to be successful.” The conclusion of the 7-week program is LiveBETA, a demo day where the five participant companies pitch to an audience of mentors, investors and community members.
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