Summary:
Deloitte Launchpad announces 11 startups in its 8th cohort.
Over 60 companies have raised $1.3 billion collectively.
68% increase in average funding and employee growth post-program.
Cohort companies include Bluespine, Firmbase, Flexor, and more.
Participants must have $500,000 ARR and plans for U.S. expansion.
Deloitte Launchpad has officially announced the 11 innovative companies selected for its 8th cohort of the acceleration program, designed to help Israeli early growth-stage startups scale in the American market. Founded in 2020, the program provides critical resources and access to a global network.
Impressive Track Record
To date, over 60 alumni companies have collectively raised more than $1.3 billion in funding. The participating startups have experienced a 68% increase in average funding and employee growth following their participation in the program. Notably, one-quarter of these portfolio companies have successfully raised funds in the past 12 months alone.
Meet the Startups
The companies in the latest cohort include:
- Bluespine: An AI-powered claims cost reduction solution for self-insured employers.
- Firmbase: A no-code, AI-powered platform that aids FP&A teams in making informed business decisions.
- Flexor: An SQL-first, data-source-agnostic tool for transforming textual data.
- Guardz: A unified detection and response system designed for MSPs and IT service providers.
- Monto: An AI connector for B2B revenue teams, linking ERPs with numerous payment portals.
- NewPhotonics: Innovators in silicon photonic chip technology for data centers.
- Onfire: A platform that captures prospect-level buying intent from developer interactions online.
- Perfect: A talent sourcing and engagement platform powered by Generative AI.
- Qodo (formerly Codium): A Generative AI coding platform that assists developers in writing, testing, and reviewing code.
- Savvy Security: Provides identity-first security solutions for SaaS applications.
- Slice Global: An AI-powered Global Equity Platform that optimizes equity management processes.
Selection Criteria
To qualify for the program, companies needed a validated product, annual revenue exceeding $500,000 ARR, positive year-over-year growth, and plans for scaling operations in the USA. Participants will receive strategic guidance from teams in both America and Israel, focusing on establishing operations, creating a robust sales infrastructure, and securing funding support.
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