developed a Web-based electronic health records system for young athletes, reached its $1 million fundraising goal. Player’s Health will require sports leagues and teams that license the software to have a parent or guardian of each player agree to keep his or her record up to date.
Burks said the Chicago-based startup will charge $20 for each record created, and that youth sports organizations will eventually see a decrease in their liability insurance premiums, offsetting some or all of their software costs. The company’s long-term monetization strategy is to sell some of the data it collects to researchers, insurers, and other interested parties, he said.
Tiz (formerly known as Ezra’s): The Chicago-based software maker doesn’t intend to cut anyone out of the alcohol supply chain—in which product flows from manufacturer to distributor to retailer—but rather to bring the process into the digital age. Founder Jonathan Mandell previously ran a store that sold craft spirits, wine, and beer. He said currently, the only way for a business owner to change an order or find pricing info is to contact someone representing a wholesaler by phone, email, or in person. With Tiz’s mobile platform, bars, restaurants, and liquor stores can pick the distributors they want to work with and check out with one click.
Mandell said monthly subscriptions to use Tiz’s software cost $10, $200, and $500 for retailers, manufacturers, and distributors, respectively. Eight distributors have committed to using the platform ahead of its upcoming launch. Mandell said in the next year, Tiz is aiming to to sign up another dozen distributors, plus 1,000 retailers.
Prescribe Nutrition: Co-founder and CEO Katie Jasper said Prescribe aims to be a leading online wellness and nutrition platform. She said the progress the company has made up to this point has come without any outside investment beyond the $90,000 that Gener8tor participants are guaranteed in equity investment and convertible debt funds. However, Prescribe does plan to raise a seed round in the future, she said.
The Minneapolis-based startup, whose team includes multiple certified nutritionists, provides its users with curated meal plans, shopping guides, and private consultations. But, Jasper said, what really sets her company apart are its live online discussion boards and tightly knit community. “We can connect someone in Omaha with someone in Amsterdam who has the same goals,” she said.
Over 2,500 people have signed up for the monthly service, and 41 percent of those who completed one program signed up for a second, Jasper said.
AkitaBox: Data and documents related to building equipment, like exhaust fans, pumps, and boilers, are often not as current or comprehensive as they should be, co-founder and CEO Todd Hoffmaster said. Less than 15 percent of information is actionable, he said, forcing building managers to rely on memory and experience. To address this problem, AkitaBox has developed location-based software for tracking and itemizing assets, with the goals of reducing risk and cutting costs by spotting potential problems faster.
The Madison-based company has over 300 buildings in its system, and over 1,000 users logged in during the previous three weeks, Hoffmaster said. He reeled off a list of pilot customers and well-known organizations that have committed to use the software, including real estate giant Colliers International, Baylor University, and the University of Wisconsin Hospital and Clinics.
