The Philadelphia Founder Institute, the local chapter of the world's largest pre-seed startup accelerator, is proud to announce the newest Alumni from the Philadelphia Fall 2024 program.
After meticulous selection process and intense four months of aggressive business-building sprints, constant evaluation, and feedback from investors and mentors, just 10 companies were able to make it through.
Each of these Founders have demonstrated a high level of perseverance and creativity, and their businesses have been thoroughly vetted and supported by a panel of Philadelphia's top startup experts and investors.
And now, without further ado, we present the Alumni of the Philadelphia program:
- ProfitMatrix, Inc. - A software platform that helps small manufacturing companies identify and eliminate profit leaks with step-by-step insights, scenario analysis, and automated rule-based triggers.
- Agbata, Inc. - A learning platform and marketplace that empowers farmers in developing nations with free and paid courses, helping beginners grow from seed to harvest and seasoned farmers compete globally through vertical integration.
- Digitally Leveraged Assets & Resources (DLAR) - An innovation-driven platform that simplifies entrepreneurship for individuals and businesses through secure, AI-assisted digital agreements, social asset pooling, and agile tools, empowering underserved communities to launch ventures and transform economic landscapes.
- AIFAQ Inc. - Offering an open-source AI chatbot platform that democratizes access to AI by providing free, customizable tools to help users and developers quickly find answers within complex technical documentation.
- MissionSync - Providing an AI-driven platform that empowers mid-sized nonprofits to secure and manage corporate partnerships through personalized matchmaking, tax credit optimization, and innovative fundraising solutions.
- GBQ Solutions - Helping healthcare and pharmaceutical companies prevent costly HIPAA violations with an automated, AI-free data verification platform that ensures accurate compliance across multiple data sources instantly.
- Blockwidth - Delivering innovative bandwidth solutions for a blockchain-powered economy, leveraging Dense Wavelength Division Multiplexing (DWDM) and fiber optics to address the Blockchain Trilemma and power Web3 telecommunications.
- ENDevo, LLC - empowers busy professionals to create comprehensive end-of-life plans through My Final Playbook Systems, a digital platform combining education, coaching, and tools for managing legal, financial, physical, and digital legacies with dignity and precision.
- eataboutown - A GPS-enabled restaurant discovery and rewards app that drives new diners to local eateries, notifying restaurants of first-time customers and empowering them to build loyalty through exceptional food, service, and tailored rewards.
- STND APRT - A mobile marketing platform that helps small businesses boost customer retention and lifetime value by building customer databases, offering cash-back rewards, and supporting charitable giving in a purpose-driven economy.
The Philadelphia Fall 2024 program would not have been possible without help, because it truly takes a city to raise a startup.
Join us at Philadelphia Founder Institute Graduation Event on January 8th - link to graduation event
Philadelphia Local Directors
We would first like to thank the Local Directors of the Philadelphia Founder Institute: Bill Rivkin (Business Banking Virtual Relationship Manager VP, Citizens), Daria Duda (Marketing Advisor, Self), Don Samoil (Chapter Leader, FI Keystone), Philly Admin (A, A). Our Local Leaders play an incredibly important role in building the local Founder Institute program, and creating an environment and network in Philadelphia that is conducive to building to great companies.
In addition, the Philadelphia Fall 2024 program was supported by some of Philadelphia's top technology organizations, including:
Some of Philadelphia’s top startup mentors helped our founders in the program, including:
In the Founder Institute's pre-seed accelerator program, early-stage entrepreneurs and teams build their business alongside a critical support network of local startup experts that share equity in their success, and through a structured and challenging business-building process that has helped alumni raise over $1.85BN.
After Graduation, the new Philadelphia Founder Institute Portfolio Companies now have a fast-growing company that has been fully validated by experienced startup founders, with access to the Founder Institute's global network and post-graduate support programs to continue building their business.
Leaders of the world’s fastest-growing startups have used the Founder Institute to raise funding, building a co-founding team, get into seed-accelerators, generate traction, recruit a team, build a product, transition from employee to entrepreneur, and more. Based in Silicon Valley and with chapters across 200+ cities and 100+ countries, the Founder Institute’s mission is to Globalize Silicon Valley and empower talented and motivated entrepreneurs to build companies that will create one million new jobs.
The next Philadelphia Founder Institute program is being planned now. If you are interested in being notified when applications open, visit FI.co/apply/philadelphia.
Alumni of the Founder Institute are creating some of the world's fastest growing startups, having raised over $1.85BN in funding, and building products people love across over 200 cities worldwide.
See the most recent news from our Grads at FI.co/news, or learn more about their stories at FI.co/graduates.
