Plug and Play Canada and Boast Capital co-hosted Startup Showdown 2.0 in Vancouver last Wednesday, June 11. Over 200 local startup community members cheered on 14 local startups as they battled for investment and a mentorship opportunity in Silicon Valley.
A local screening committee reviewed over 100 applications to finalize the final 14 startups. After watching all of the entrepreneurs pitch, 5 startups were selected by the judging panel:
- PiP – App that uses facial recognition technology to identify lost and found pets.
- MetaOptima (MoleScope) - App that helps you track and monitor moles over time to ensure they are receiving the attention they need.
- MyBestHelper – Helps people find the right family care providers such as nannies, babysitters, or housekeepers.
- Cleanify – Online marketplace for hiring cleaners and finding deals
- BucketList – Helps people track and achieve their life goals
Each startup received a term sheet for $25K investment which also included 3 months of free office space at the Plug and Play Tech Center in Silicon Valley. If you’re unfamiliar, Plug and Play is an incubator and early-stage investor headquartered in Silicon Valley. Since inception in January 2006, Plug and Play has helped the startup community raise over $1 billion in venture funding, and has invested in 100+ companies including PayPal, Dropbox, Lending Club and Zoosk. In 2012, Plug and Play partnered with Boast Capital to launch Plug and Play Canada in an effort to invest in Canadian startups.
During the inaugural Startup Showdown last November, Plug and Play Canada invested in three startups: BluePerch, Bex and Routezilla.
“We are super impressed with the talent in Vancouver, which is why we keep coming back. We look forward to hosting another Startup Showdown event in the fall,” explains Lloyed Lobo, Partner, Boast Capital and Plug and Play Canada.
The third Startup Showdown event is expected to take place in Fall of 2014. Stay posted for the next opportunity to pitch!