Joyful Frog Digital Incubator (JFDI) Co-founder and Chairman Wong Meng Weng, in an interview with e27, once said that startups who go through its accelerator programme had to have the ‘secret’.
Yesterday, eight startups from the JFDI 2015B batch concluded the 100-day accelerator programme by pitching to over 100 potential investors at a demo day.
We take a look at these startups, who have each received S$50,000 (double the amount received by previous batches) investment from JFDI in return for 8.888 per cent equity:
Also Read: Things I learned at JFDI Accelerate
The UK- and Thailand-based startup operates as a third-party property manager, helping property investors get higher returns on their property through short-term rentals on up to 15 sites like Airbnb, Wimdu and Travelmob.
It also offers a concierge service where guests can obtain high-margin premium services such as a minibar, laundry, car rental and tour packages. According to Founder and CEO, Stuart Lansdale, the company is already on course to break even this month.
InfoGym connects gyms, trainers, and end-users, redefining the gym relationship as a network platform.
For the user, InfoGym collects data from wearable electronics and personal trainer sessions, acting as a personal fitness diary.
For the gym, InfoGym collects information about user activity at the gym, with analytics providing gyms real-time insight into customer engagement. As a result, client gyms in Europe — the company has its roots in Norway and is led by CEO Tor Ivar Våge — have reduced their drop-out rate by 30 per cent, according to the company.
For the trainer, InfoGym allows the creation of workout routines and meal plans for the client. InfoGym launched in late 2014 and have 80,000 end-users and total revenue of S$300,000 (US$214, 868).
It is seeking funding to replicate and scale what it claims is already a proven system in Singapore and Asia.
Boasting the youngest team of the startups on show, with the trio of Co-founders (Yu Shengkun is CEO, Tong Zhi Heng is COO, and Peng Shensong is CTO) in their early 20s, Eventory is a lead generation platform that matches event organizers, brand managers, and vendors.
For event organisers, Eventory promises to help increase revenue by connecting them to brand managers who are interested in partnering their events. For brand managers, Eventory provides upcoming events where their target audience will gather and enable them to connect directly with the event organizers to work out a partnership deal.
For service vendors, such as those who provide food, drinks, venues, chairs and tables and such, Eventory offers them a place to list their offerings and manage their engagements so they can potentially increase their revenue by being connected with event organizers.
Play2Lead is a gamified mobile and web application that helps companies deliver excellent service by making training fun, memorable, and measurable.
Founded by Theresa Lim, who has 20 years of experience in B2B marketing, product development and market research, their application helps corporation trainers run activities including quizzes, polls, and activities so that employees across the organization can engage and learn, then reflect, and move them closer towards the desired behaviour change.
CurrentDraw, co-founded by William Yang (CEO) and Kasim Du (CTO), is a web app for collaborative electrical design (like Google Docs), featuring a components marketplace platform (like Alibaba) directly integrated with the app.
CodeCloud helps independent innovators turn startup ideas into working code in minutes, even if they can’t code. It is founded by Mike De’Shazer, the author of #AppFactory with over 10 years of programming and five years of programming education experience.
Fynd takes the hassle out of finding a phone repair technician. Its software platform finds the best technician and sends him or her to your home or office to perform an on-site repair. The technicians are independent third-party contractors.
Currently operational in Singapore and Hong Kong, it has repaired more than 2,900 mobile phones and is now handling 660 phones per month.
With Co-founders Dave Osh — former CEO of multinational e-commerce company Qnet — and James Barwick, former CTO of Singapore startup Sentient which was acquired by Stanley Black and Decker, Execuvite is a market network for enterprises to hire freelancers in a team.
They build communities of freelancers who specialise in projects too large for a single person. Execuvite’s market network has three components: the marketplace where transactions happen, the network where partnerships are formed and the SaaS platform, which supports project management, communication, and collaboration.