Launch Tennessee picks 2 Knoxville companies

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Two early-stage Knoxville companies — Vendor Registry and Survature — have been selected to participate in the first statewide demo day sponsored by Launch Tennessee, a public-private partnership created to foster development of entrepreneurship across the state.
Twenty companies will pitch their businesses to a panel of out-of-state investors on Aug. 27 in Nashville. From that group, 10 companies will be selected to participate in The TENN, a master accelerator program sponsored by the Blackstone Charitable Foundation.
Survature is developing an online survey tool that reveals not only what the survey taker answered, but how and when they answered it using a patent-pending technology called Answer Cloud. Vendor Registry is the creator of a web-based vendor management tool that uses a database and notification system to link buyers and sellers.
The 20 participating companies represent Tennessee’s three grand divisions and are all graduates of the state’s nine startup accelerators.
“These 20 startups are an exceptional representation of the innovative and promising ideas emerging from Tennessee’s accelerator programs,” Launch Tennessee CEO Charlie Brock said in a news release. “From the quality and diversity of applications submitted across the state, it is apparent that Tennessee’s network of accelerators, which is unique in the nation and Launch Tennessee helps fund, is working well.”
The panel that will evaluate the businesses includes Sabeer Bhatia, chairman and CEO of Sabse/Jaxtr and founder and former CEO of Hotmail; John McIlwraith, managing partner at Cincinnati, Ohio-based Allos Ventures; John Greathouse, general partner at Santa Barbara, Calif.-based Rincon Venture Partners; Sig Mosley, managing partner at Atlanta, Ga.-based Mosley Ventures; Bob Crutchfield, partner at Birmingham, Ala.-based Harbert Ventures; and Mike Tatum, serial entrepreneur and CEO of Workbus.
The 10 selected companies selected will take a statewide bus tour to meet with some leading executives of Tennessee corporations and angel and venture capital investors throughout the state. The TENN companies also will meet with venture capitalists and angel investors in California and the East Coast, according to a news release.
Click here for a Greater Knoxville Business Journal story on Survature and Vendor Registry.