Endeavor Atlanta’s First Class of Entrepreneurs

Endeavor Atlanta just announced its first class of entrepreneurs. Endeavor, as mentioned before, is a global non-profit organization that seeks to help entrepreneurs maximize their potential and grow the entrepreneurial communities around the world. Endeavor is especially powerful for entrepreneurs that are looking to expand to other countries as well as get plugged into a worldwide network. Atlanta’s own chapter of Endeavor opened earlier this year and we’re excited to announce our first cohort of Endeavor entrepreneurs:

  • Dave Keil / QASymphony – Dave and his team at QASymphony have quietly built one of the fastest growing software quality assurance platforms (think software to test software). They’re at the forefront of the trend where most companies are moving away from traditional waterfall processes to agile processes (more iterative and responsive to customer feedback).
  • Hatem Sellami + Bahadir Ustaoglu / Cognira – Hatem and Bahir, along with their team, have built a retail analytics platform that helps large retailers get more value from their data. The platform is centered around customer insights, forecasting, and generally using data science to deliver better business outcomes.

Congrats to Dave, Hatem, and Bahir as Atlanta’s first class of Endeavor entrepreneurs!

Know an entrepreneur that might be interested in Endeavor? We’d enjoy meeting them and sharing the vision of Endeavor.

Atlanta Startup Village #49

Atlanta Startup Village #49 just finished up at the Atlanta Tech Village. The event is free and open to the public. Join us.

Here were tonight’s presenting startups:

  • Fetch: Truck Rental Made Easy
  • Leadkit: Real Estate Technology & Lead Generation for the Modern Agent
  • Zenway: Data analytics for the next generation of super-efficient clean vehicles
  • Profound Studio: Expert home recording help
  • BashBlok: Make your Bash a Smash

Visiting Atlanta in the future? Join us at an Atlanta Startup Village event.

Atlanta Startup Village #48

Join us tonight at 7pm for Atlanta Startup Village #48. The event is free and everyone is welcome. Here are tonight’s startups:

  • Atlas Bay: Bring your spaces to life with virtual reality for real estate
  • Shofur: Bus reservations made easy!
  • GATE: Interception-proof authentication and encryption system
  • ReThinkingStartups: Startup whatever! The Whatever Network
  • accessnow: Improves productivity by governing your automated, on-demand elevated access with audit logging

June Atlanta Startup Village (#ATLSV #48)

Monday, Jun 26, 2017, 7:00 PM

Atlanta Tech Village
3423 Piedmont Rd NE, Atlanta, GA 30305 Atlanta, GA

546 Entrepreneurs Attending

Doors open (and beer flows) at 7:00 p.m., presentations start at 7:30 p.m. sharp.Follow the conversation on Twitter (https://twitter.com/atlsv) and Instagram (https://www.instagram.com/atlstartupvillage/) with #ATLSV #48!Livestream will be available at: http://atlantatechvillage.com/events/live-event/June Presenters:• Atlas Bay: Bring your spa…

Check out this Meetup →

See you tonight at ASV #48!

SingleOps Announces $1M Seed Round

Earlier today I closed on a $1M seed round in SingleOps (see the Atlanta Business Chronicle article on the SingleOps funding). SingleOps is a SaaS platform for mobile field workforces like tree care services, landscaping, pest control, healthcare — anyone who regularly coordinates employees in the field. The platform combines estimates, scheduling, time tracking, CRM, invoicing, and QuickBooks syncing with a mobile-first interface for teams on the go. Think of it as a cloud-ERP solution like NetSuite, but much easier to use and geared towards field service companies.

Sean McCormick and his team have built the foundation of a great business over the last three years achieving product/market fit last year and a repeatable customer acquisition process this year (see the four stages of a B2B startup). Now, it’s time to accelerate the growth and build a category-winning company.

I’m thankful to Sean for letting me be part of the journey and I’m looking forward to helping SingleOps realize its potential.

Interested in learning more? Check out SingleOps.

Terminus Raises a $10M Series B

Earlier today Terminus announced that they had closed their $10.3M Series B financing from Atlanta Ventures and Edison Partners. Terminus is the pioneer of account-based marketing (ABM), one of the fastest growing areas of marketing technology. Here’s how Terminus describes the value of ABM:

ABM enables B2B marketers to target key accounts, engage decision-makers, and accelerate marketing and sales pipeline velocity at scale

As marketers look beyond inbound lead generation and become more focused on the account, they need corresponding tools and systems to orchestrate engagement across multiple systems, trigger the right ads to the right people, track behaviors across the account, and understand account-level analytics.

Terminus created the FlipMyFunnel movement and is building a large, category-defining ABM company. Now, they have the resources to grow even faster and help more companies achieve ABM at scale. Congratulations to Eric and the entire Terminus team on their next milestone in the journey.

Want to learn more? Check out Terminus.

Common Investor Questions at The Atlanta Tech Village

Several times a month I meet with investors from out of town that are interested in the Atlanta market and startups at the Atlanta Tech Village. With so much capital that needs to be put to work, investors are eager to find startups that have the beginning of a big business and the potential for strong unit economics.

Here are some of the common questions investors ask:

  • What startups should we be paying attention to in the building?
  • Any entrepreneurs we should meet with the next time we’re in town?
  • Do you have any startups doing X, Y, or Z (e.g. specific areas of interest like machine learning, health IT, marketing SaaS, etc.)?
  • Any startups growing fast with X to Y range of revenue (e.g. $1 – $2 million in recurring revenue)?
  • What events or programs should we consider for future visits (e.g. Atlanta Startup Village)?
  • Anything we can help with?

As expected, the questions from investors are fairly consistent as they’re looking for startups that meet their criteria and the opportunity to invest. Surprisingly, investors don’t have enough strong startups to invest in.

What else? What are some more questions investors should be asking?

4 Quick Ideas on Building a Tech Startup Center

Several times a month I’m asked for advice about building a tech startup center based on experience at the Atlanta Tech Village. Entrepreneurs from cities in both the metro region and the Southeast are interested in creating stronger entrepreneurial communities with a higher density of startups.

After four years at the Tech Village, here are four quick ideas on building a tech startup center:

  1. Community First – Everything starts and ends with the community. From the entrepreneurs to the mentors to the people in different roles, it’s all about community. Ensure there’s a critical mass of community and the rest will follow.
  2. Location, Location, Location – The old adage still rings true that location is key. People want to be in a great location that makes it easy to recruit from the surrounding region.
  3. Lots of Spaces – Create lots of little spaces. Four-person offices are the most popular offering at the Tech Village. Incorporate phone booths, meeting rooms, and a variety of breakout spaces. Then, combine those with a large, central community area.
  4. Success Stories – Build a culture of success. Celebrate success. Get successful, serial entrepreneurs to start their next venture in the building. The faster success stories emerge from the community, the greater the halo effect and others will want to join.

Building a tech startup center is just like building any other type of community. Find people that are passionate about it, create a cool physical space, and work to nurture and grow the community.

What else? What are some more ideas on build a tech startup center?