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
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About gener8tor
gener8tor is a global venture firm and accelerator network that supports startups, workers, employers, artists and musicians across race, place and gender. gener8tor partners with companies, governments, universities and nonprofits to operate accelerator programs and conferences in more than 45 communities across 25 states and territories and three countries. Fast Company named gener8tor one of the Best Workplaces for Innovators in 2021 and 2022. The International Trade Council recognized gener8tor as the Global Venture Capital Firm of the Year in 2022.
About gBETA
gBETA is a non-equity accelerator that facilitates the growth of early-stage companies through a network-driven program. This accelerator supports five startups per cohort and requires no fees for startups and takes no equity. Since launching in 2015, gBETA accelerator alumni have raised $798M+ in capital and created 4880+ jobs across the U.S. and Canada.
About Irontek
Irontek is Beloit's premier coworking space, offering a collaborative environment for startups, entrepreneurs, and remote workers. Located in the heart of the city, Irontek provides flexible workspace solutions, high-speed internet, and access to a supportive community of like-minded professionals. Irontek has continued to support and grow Beloit's entrepreneurial ecosystem, fostering innovation and creating opportunities for local and regional businesses to thrive.
About Hendricks Commercial Properties
Hendricks Commercial Properties is a real estate investment and development firm based in Beloit, WI, with a focus on creating vibrant, community-driven spaces. Dedicated to revitalizing urban areas and supporting economic growth, Hendricks Commercial Properties manages a diverse portfolio of projects, including retail, office, industrial, and mixed-use developments. The company’s commitment to innovation and sustainability has made it a leader in transforming communities while supporting entrepreneurs and businesses of all sizes.
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