Tag: Loop and Tie

Venture Capitalist Steve Case Invests $100,000 in Austin-based Loop and Tie

imgres-1Steve Case, chairman and CEO of Revolution and co-founder of AOL, plans to invest 100,000 in four female founded startups following a pitch competition last week.

Sara Rodell with Loop and Tie, based in Austin, received a check. So did the founders of Mati Energy in Durham, NC, InRentive in Chicago, Il. and Seamless Planet in Montreal, Quebec.

The four startups participated in the Google for Entrepreneurs Demo Day which featured 12 selected startups. They pitched their companies to an audience of investors. The judges included Case, Ann Winblad from Hummer Winblad Venture Partners and Blake Byers from Google Ventures.

“These are impressive companies with amazing potential and are exactly the types of companies that I am excited to invest in,” Case said in a news release.

The companies pitching, represented “The Rise of the Rest,” which is Case’s mission to foster startup communities outside of Silicon Valley.

Loop & Tie is an online gifting service that lets companies send unique gifts to customers. Silicon Hills News did this profile of the company last year. The startup is part of Capital Factory’s accelerator program and has raised $625,000 previously. In 2012, Rodell and Jeffrey Schwartz founded Next One’s On Me, which later evolved to Loop & Tie.

17 Startups at Capital Factory’s Demo Day

imgres-2During Austin Startup Week, Capital Factory held a Demo Day for more than 100 investors, according to Joshua Baer.
The event featured 17 Austin startups.
“It’s always one of my favorite days of the year,” Baer wrote in his weekly Startup Digest newsletter.

The following startups presented at the event:

Aceable – the startup makes mobile educational software for the test prep market, professional education maket and the corporate training market.

Equipboard – a platform to track what products celebrities are “using, wearing, likeing and endorsing.” It also features special feeds so people can track the latest gear from celebrities and people they like.

eRelevance – software that helps healthcare providers engage their patients and schedule appointments.

First Cut Pro – has created video editing software for the cloud that allows people to collaborate during the post-production and editing process online.

ihiji – “offers a software-as-a-service combined with low-cost palm-sized on-premise device enabling an IT professional to efficiently detect, diagnose, and resolve network problems from anywhere in the world.”

LaternCRM – “TeleForce, simply put, is a web-based Customer Relationship Manger (CRM) that enables small to medium sized businesses to manage, organize and track their prospects, current and past customers and synchronize their business processes across their entire team.”

Local Plant Source – “The Local Plant Source platform connects the commercial landscaping industry. Vendors list and track their inventory and share plant knowledge online. Designers build sustainable projects with sourceable plants through localized searches. Easy sharing with Contractors eliminates unexpected costs during build-out. Throughout our platform we collect, analyze, and share data necessary to ensure our clients have all the tools to compete in the modern economy.”

Loop and Tie – built a platform to give a meaningful and personalized gift. “Loop & Tie combines the flexibility and speed of sending a gift card without sacrificing the impression of a hand selected gift. Our site shifts the decision of product selection to the recipient; simplifying gifting for the customer while maintaining the personal touch.”

ManagerComplete – makes operations management software to manage multipole remote retail locations.

myCampusTutors – a platform that connects tutors to students in an interactive, online setting.

MyTennisLessons – “the online marketplace for tennis instruction, customers can compare pre-screened coaches, schedule online, and pay for tennis lessons in their local area.”

NuHabitat – a search platform that provides consumer with access to “MLS” data previously only available to real estate agents.

Pictrition by Loop Health
– a health care platform that builds products to help people live more healthy lives. Its first product is Pictrition, an app that lets people take pictures of their meals and earn points for good nutrition.

Pristine – developing Google Glass applications for surgeons.

Real Massive – it’s building free commercial real estate search software.

Vivogig – “Tying brands to fans, bands and festivals through crowd photography.”

Tom Cheredar with Venture Beat did this story on the Capital Factory Demo Day with more information on startups that are enrolled in the Capital Factory accelerator.

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