LAS VEGAS – Operated by StartUpNV, a nonprofit incubator and accelerator for Nevada-based startup companies, AngelNV will hold its Shark Tank-style grand finale this Saturday, April 30 at 1 p.m. at the Las Vegas City Hall where six startup companies will pitch to secure an investment totaling at least $200,000.
The event will welcome Las Vegas City Councilwoman Olivia Diaz for opening remarks, and Michael Brown, the Executive Director of the Nevada Governor’s Office of Economic Development, who will join StartUpNV Executive Director Jeff Saling in presenting the winning company with the investment.
WHAT: AngelNV grand finale where at least $200,000 will be awarded as an investment to the winning company
WHERE: Las Vegas City Hall (City Council Chambers), 495 S Main St., Las Vegas, Nev., 89101
WHEN: Saturday, April 30 from 1 to 4 p.m. (winners to be announced shortly after 3:30 p.m.)
WHO: Las Vegas City Councilwoman Olivia Diaz for opening remarks; Michael Brown, Executive Director of the Nevada Governor’s Office of Economic Development to present investment award; and Michael Sherwood, City of Las Vegas Chief Innovation Officer as emcee
Media are requested to RSVP to firstname.lastname@example.org if they plan to cover the event.
The six finalists were selected from more than 250 participants in AngelNV’s free entrepreneur bootcamp sessions that educate startup founders how to raise venture capital. The $200,000 investment will come from angel investors who have invested at least $5,000 and have been participating in AngelNV’s investor bootcamp that teaches angel investing strategies and tactics.
Currently, nearly 75 first-time and experienced investors in the AngelNV investor group have pledged to invest at least $200,000 to one company. By the April 30 event, even more investment funding may be available and awarded to one or more runners up from the six finalists. Last year, 52 investors awarded $220,000 to one finalist company and $55,000 investments to two runners up.
Five of the startup finalists are from Southern Nevada, and one is female-owned. The six startup finalists and their service or product offerings are:
1. AcuStitch created a suturing tool that is especially helpful for incisions exceeding 10 cm in length. The tool uses a variety of needle sizes and suture widths. It offers programmable stitch patterns and can perform surface, subcuticular and subcutaneous sutures.
2. Carrot developed a complete Point of Sale and Customer Experience system for retail dispensaries. It integrates inventory, ordering, delivery, and rewards programs into one easy to use application for both vendors and customers.
3. SeeID created a real-time asset tracking system that detects and tracks the location of objects indoors or in a contained area outdoors via a mesh network that uses edge technology that requires less infrastructure to deploy, costs less, and requires no power source or batteries.
4. SemiExact makes furniture kits and table legs for the do-it-yourself creator. They have bedframes, shelving, live edge wood, table legs, and outdoor furniture in a variety of finishes.
5. Surgistream is a software application that solves the scheduling of surgeons, operating rooms, support personnel, and devices needed for a surgery.
6. Terbine collects data from Internet of Things devices and packages the data into useable information for planning, including creating digital twins of cities.
AngelNV is a program of StartUpNV that provides expert mentorship to startups and access to a network of capital partners. Since it began operation in 2017, more than $72 million has been raised and invested in 30 companies participating in StartUpNV programs, including AngelNV. In fact, $46.2 million was invested in 16 companies in the last 18 months – despite a global pandemic.
StartUpNV launched AngelNV to foster an angel investment network for Nevada-based startups and attract to the state scalable startup businesses and entrepreneurs with big ideas to build a more diversified and resilient economy. AngelNV is building a bridge between entrepreneurs and angel investors by teaching startups how to raise venture capital and advising potential investors on wise investments. For more information on AngelNV visit: www.angelnv.com.