Five Innovative Startups Selected for gBETA Beloit Fall 2024 Accelerator Program

BELOIT, WI - gBETA Beloit is proud to announce the five companies chosen for its Fall 2024 accelerator program in partnership with Hendricks Commercial Properties and Irontek. These startups represent a wide range of industries and are poised to make a significant impact in their respective fields. Over the seven weeks, these companies will work with mentors, investors, and industry experts to refine their business strategies and accelerate their growth. The program will conclude with a local showcase event, allowing each founder to present their pitch to the Beloit community.

gBETA Beloit is a free seven-week accelerator program designed to set a path for startups to pursue investment opportunities. Startup founders receive intensive concierge coaching and access to gener8tor's national network of mentors, customers, corporate partners and investors.

“We’re thrilled to work with such a diverse and driven cohort this fall,” said Anthony Swindell, gBETA Beloit Director. “Each of these companies brings a compelling value proposition, and we look forward to helping them refine their strategies and connect with potential investors.”

The program is made possible by a partnership with Hendricks Commercial Properties and Irontek. Erin Currier, Director of Investment at Irontek and Grey Collar Ventures, expressed enthusiasm for the program: “We love to see the coworking space continue to be a cornerstone for entrepreneurs in Beloit and look forward to showcasing these founders in December.”

At the end of the gBETA program, the startup founders will pitch their companies to investors, community partners, and the public at a showcase event at 6 pm, Dec. 11 at Irontek. The event is free to the public. Those interested in attending can RSVP HERE. 

Startup companies and founders interested in learning more about gBETA’s programming and resources or applying to a future program can visit the gener8tor gBETA website, or reach out to Anthony Swindell at anthony@gener8tor.com. Those interested in mentoring these companies or getting involved in other ways are also encouraged to connect.

gBETA Beloit Fall 2024 Cohort

Outhad AI provides e-commerce businesses with an AI-powered shopping agent and search engine solution that enhances customer experience and boosts sales. Store owners can easily integrate Outhad into their websites and apps, and the platform will offer personalized product recommendations, answer customer queries and facilitate appointment bookings. Outhad learns from each interaction, offering personalized suggestions and gathering data for hyper-focused marketing. Outhad has gained interest from 10+ companies eager to implement this solution, demonstrating early market validation.

outhad.com | Mohammad Tanzil Idrisi CEO - idrisim@beloit.edu | Ishan Bhasin COO - bhasini@beloit.edu

DMR International’s flagship product PurAsure™ effectively removes pathogens from water as it flows through storm drains and into public waterways similar to Brita® filters. Municipalities and commercial farms depend on PurAsure™ to clean stormwater, meet regulatory requirements, and reduce the risk of contamination in local beaches, rivers and lakes. DMR International Inc., holds 7 US patents, has raised $500K in funding, and achieved $60K in sales.

dmri-inc.com | Rick Latella CEO - ricklatella@dmri-inc.com

Anglers Caddy offers a durable, hassle-free solution for transporting multiple fishing rods and reels, allowing anglers to protect their gear and simplify their trips. Anglers Caddy is designed for both casual and dedicated anglers who need an efficient way to securely carry up to 20 rods and reels. Anglers Caddy has already attracted significant interest from early adopters and veterans with its patent-pending design, and pre-orders are set to ship by January 2025.

anglerscaddy.com | Breo Pierce CEO - breopierce@gmail.com | Laura Pierce COO - Laurakpierce05@gmail.com 

Root Wise Repair develops innovative, drug-free wearable technology designed to support individuals experiencing chronic pain. Root Wise Repair’s flagship product, the Fungi Patch, offers an alternative to prescription drugs by delivering a neuroprotective blend of functional mushrooms that target nerve receptors. By partnering with acupuncturists, naturopathic physicians and alternative healthcare practitioners, Root Wise Repair creates new revenue streams for clinics while ensuring patients receive expert guidance in managing chronic pain. While the patch is still in development, the company has a lifetime revenue of $756.18 generated from other products and a steadily growing customer base.

root-wise-repair.com | Leslie Deinhammer CEO | leslie@root-wise-repair.com

Fortune for Health promotes the unique flavors of Vietnam's traditional tea, made from natural ingredients. We collaborate with local artisans to curate beautifully packaged gift boxes that combine the teas with health-enhancing items like honey and turmeric starch, appealing to both domestic and international markets. Since launch, the company has seen 96.4 percent user growth, and an 80 percent customer retention rate and has generated $18,000 in revenue, positioning Fortune for Health for expansion into the U.S. market.

fortuneforhealth.com | Mai Nguyen CEO | nguyenmh@beloit.edu