Canadian Startup Among 10 Chosen for TechStars Chicago’s Summer 2013 Class

Posted by Rob Lewis

TechStars Chicago, formerly Excelerate Labs, revealed today the list of 10 startups that will comprise its summer 2013 class and a Canadian startup made the grade.

According to their press release today, this summer's intake had over 900 applicants from 6 continents making it the most competitive class the program has seen.

TechStars Chicago portfolio companies enter into an intensive three-month summer program, followed by Demo Day, an annual August event that allows companies to showcase their products by pitching to more than 500 investors from across the country.

Vancouver startup Pathful – a web analytics platform that captures every visitor interaction with every element on a site automatically – was the lone Canadian startup to be selected. Techvibes covered Pathful for the first time just just last week.

At part of the program, Pathful receives $18K in seed funding and also has the option of a $100K convertible debt note.

But more importantly they will have the opportunity to work with over 150 mentors that include Match.com CEO Sam Yagan, GrubHub cofounder Mike Evans, and Foundry Group cofounder Brad Feld. Last years class had over 600 one-on-one meetings with the mentors in the month of June alone.

“This year’s application process was our most competitive yet, which is a testament to the program’s solid foundation,” said Troy Henikoff, managing director of TechStars Chicago. “Mentorship is at the heart of what we do, and I’m personally looking forward to working with each of these companies and watching them grow over the course of the next several months.”

TechStars Chicago Demo Day will take place at the House of Blues on August 28th.

Company:
TechStars
Website:
http://www.techstars.org
Location:
Boulder, Colorado, United States

TechStars is really different. It’s a mentorship-driven seed stage investment fund located in Boulder, Colorado which is quickly becoming one of the country’s top startup hubs. more

Company:
Pathful
Website:
http://www.pathful.com
Location:
Vancouver, British Columbia, Canada

Pathful provides highly actionable web analytics in a simple to use interface with no tagging. We understand every visitor interaction with every button, text and image on your site. We analyze those interactions and proactively provide insight on which ones are helping and hurting your business and what actions you should take. By understanding every interaction you are able to see results on demand. No more... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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