Deloitte Launchpad announces second cohort with 7 new startups
The companies will receive guidance from teams in the U.S and Israel to address three major challenges
11:4520.10.21
Deloitte Launchpad has announced the seven new startups that will take part in its second cohort. The initiative, which is run by Deloitte, launched in 2020 and supports Israeli growth-stage startups and their desires to penetrate the U.S market by providing services to Deloitte’s global network.
The startups were selected following a screening process led by a committee of Deloitte Partners and Managing Directors. Photo: MediaMarketing.com
The chosen companies will receive guidance from teams in the U.S and Israel to address three major challenges: laying foundations for relocation to the states, establishing strong and sustainable sales infrastructure, and support for funding.
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The seven companies taking part in the second cohort include:
- Agora - which is an investment management software for real estate funds, developers, and investment managers to help them manage their portfolios and perform a myriad of tasks.
- BlazePod - which is an interactive training program that combines cognitive intelligence training with physical exercise, enabling athletes to react and respond faster and more efficiently,
- Craft.io - which offer an end-to-end product management platform to help teams collect data and customer needs and build a transparent product process
- DigitalOwl, which uses and NLP platform developed for medical records to help insurance companies allocate better resources and make better decisions, reducing costs and improving turnaround times
- Hyro - which uses conversational AI to help businesses streamline their processes and messaging across platforms, services, and channels including call centers, chatbots, and more
- IVIX - which brings a tech-first approach to help tax authorities close the tax gap and increase tax collection at scale by using algorithms on unified data available publicly
- SavorEat - which develops plant-based meat alternatives prepared by a robot chef to match the user’s exact preferences and dietary needs, in the form of burgers that match the taste and texture of meat counterparts.
Related Startups:
- SavorEat partners with Sodexo to commercialize its robot chef at U.S universities
- Israeli BlazePod raises $8.5 million to transform gyms and exercise routines
- “It’s like eating Sushi with Tahina”: How Israel and Japan formed an unlikely business relationship
The startups were selected following a screening process led by a committee of Deloitte Partners and Managing Directors in Israel and the U.S. To date, the Deloitte Launchpad alumni companies have raised a total of $90 million, including a recent round by TetaVi, which received $20 million led by Insight Partners.
Deloitte is a multinational professional services network with offices in 150 countries. Its Launchpad initiative was launched early 2020 and looks specifically for companies that have a validated product, more than $500,000 in ARR, and a relocation plan for the U.S market.