PRESS

 

TiE Boston announces 7th Cohort in TiE ScaleUp 

15 companies selected to participate in New England's 1st and Only "Seed+ to Series A" Accelerator

Mar 10, 2021

Boston, MA

 

A program of TiE Boston, TiE ScaleUp works with emerging, "high-growth potential" companies to overcome typical barriers to growth by helping them optimize their business plan, strategic positioning, operations, sales and competitive advantage. 

 

“While the past year has been difficult for startups, it also presented new, untapped opportunities,” said Anu Chitrapu, President, TiE Boston. “Many of the companies participating in Cohort 7 used these opportunities to their advantage and refined their business plans in light of a new normal. Now they are ready to scale and are uniquely positioned to take advantage of all that ScaleUp has to offer.”

 

Cohort 7 was recruited from the leading seed companies in Massachusetts via a rigorous selection process. The distribution of industries within this cohort, as seen below, reflects the industries and sectors in the local ecosystem:

 

  • 37% Enterprise Software

  • 31% Healthcare/Life Sciences

  • 11% Clean Tech

  • 11% E-Commerce

  • 6% Ed-Tech

  • 4% Food & Lifestyle

 

TiE Boston Executive Director, Simone LaPray, shared, “In the last cohort, we transitioned from our usual in-person structure to a virtual format. We changed sessions during the pandemic to help the companies where they needed help most. We are very thankful for our mentors, faculty, subject matter experts and corporate partners of TiE ScaleUp for rallying around our companies during that time. That momentum has shaped the program for 2021 and we are excited to welcome the companies to the 7th Cohort of TiE ScaleUp.” 

 

“The most impactful differentiator of TIE ScaleUp program is the unique mentorship it provides to the companies in the cohort. For Cohort 7, we have codified the best practices of mentoring from the past cohorts and evolved “The ScaleUp Way” of mentoring. We are confident that this innovation will deliver an ever increasing value, in a consistent way, to Cohort 7 Companies and beyond.” said Neeraj Chandra, Chair of the ScaleUp Taskforce. 

 

TiE ScaleUp stands with these founders to help them grow their businesses rapidly during these challenging times.

COHORT 7

 

Blue Green - Blue Green Analytics® is the visual-first, web and mobile analytics software by Blue Green. Our patent-pending algorithms identify high-growth opportunities at the intersection of visitor interaction and results.

 

Effexoft - a customer centric Supply Chain Solutions company that covers order to cash processes. It's core product, Effecta, extends the Salesforce platform with procurement, logistics, manufacturing, inventory and order management capabilities.

 

Emtropy - reinventing customer service through AI powered interaction intelligence

 

Erbi-Bio - develops, manufactures, and sells small-scale, high performance cell culture systems used in biopharma R & D and manufacture. 

 

Folia Materials - patented, penny-unit cost nanosilver coating for paper used in anti-viral 3-ply face masks, microwave food packaging, $0.20 CPG water purifier in S Asia.

 

Givz - converts discounts into donations, adding a tangible value of purpose to every sale while increasing revenue and user engagement. 

 

Hibersense - enabling smart & healthy homes through sensors, HVAC control & dampers ensuring comfort, efficiency, & indoor air quality. 

 

IndianRaga - IndianRaga is building Raga Labs, the world's largest online school for teaching and performance of Indian music, using technology, fun practice tracks and performance videos to ensure better and faster learning and retention.

 

Monsoon Kitchens - purveyor of homestyle, natural and boldly flavored Indian products for foodservice and retail markets. 

 

Moxie Scrubs - the first direct-to-consumer medical apparel brand inspired by and focused on serving nurses. Moxie Scrubs is on a mission to Enhance, Inspire, and Empower the MOXIE in every nurse!

 

myautoIQ - a deep tech SaaS company, changing the way US car dealers find, acquire, and engage car buyers through artificial intelligence. 

 

QSM Diagnostics - helps veterinarians diagnose and monitor infections in 2 minutes using electrochemistry to measure bacterial communication. 

 

reviving mind - develop valuable, lasting changes to your mental health through the evidence-based and multi-disciplinary 360° Mental Health Therapy program that integrates Group Therapy + Health and Wellness Coaching.

 

Senscio Systems - delivering AI orchestrated, integrated, proactive chronic care virtually in the home to populations with multiple chronic conditions. 

 

Soltrix Solutions - providing a cloud management and governance solution to mitigate the costly waste attributed to the lack of visibility and controls in managing virtual machines. Our solution provides companies an average ROI of 200% within the first year of adoption. 


 

TiE ScaleUp Cohort 7 Corporate Partners

 

McCarter & English, Wolf and Company, Jeavio, Tanna Insurance

About TiE Boston

TiE Boston connects tomorrow's founders with today's entrepreneurs, executives and venture capitalists. Founded in 1997 by entrepreneurs who immigrated from the Indus region, TiE Boston champions inclusion in innovation by blending the fundamentals of entrepreneurship with traditional Indian values that place importance on community, mentorship, and long-term relationships.

TiE Boston is one of the region's largest and oldest organizations supporting the Massachusetts entrepreneurial ecosystem, focused on supporting entrepreneurs throughout their lifecycle — from ideation to creation, through growth, wealth creation and ultimately, support of future founders.

The TiE Boston community encompasses students, founders, experienced entrepreneurs, angel investors, and venture capitalists. Its programs foster trusted, long-term relationships between its participants — span education, mentoring, networking, and funding.

For more information about TiE Boston, visit https://www.tieboston.org/.