An AI-powered skills trainer and career coach, a baby bottle monitor that tracks the expiration of breast milk and formula in real time, a platform for building and scaling e-commerce brands – these are a few of the startups selected for Endeavor Miami’s latest EndeavorLab cohort.
The EndeavorLAB Cohort for Black Founders, announced today, represents 10 businesses poised to impact their respective industries. This initiative is part of a grant with JPMorgan Chase, with Simkins Family Foundation and Dell for Startups as the other main partners. The program is free for the founders.
This milestone initiative underscores Endeavor Miami’s commitment to fostering inclusive entrepreneurship and supporting the growth of high-impact ventures, said Claudia Duran, regional managing director for North America and Endeavor Miami. “The diversity and potential of this cohort are truly inspiring, and we are excited to support their journeys as they scale and achieve significant impact in their industries,” said
The selected companies are led by a total of 14 co-founders. Four of the companies are led by serial entrepreneurs, while 6 are led by those embarking on their first venture. The startups span the sectors of enterprise SaaS, retail and consumer tech, healthcare, fintech, EdTech and infrastructure.
The companies, all based in South Florida, are on average 3 years old and currently employ 43 people, with a median of 3 employees per company, Endeavor Miami said. Four of them are bootstrapped, while the remaining six have raised nearly $11 million in funding collectively. In 2023, these businesses generated a combined revenue of $3.2 million, and are poised to generate a combined $20 million this year.
As part of the two-month accelerator program, the selected businesses will receive Endeavor Miami’s support services, including mentorship and strategic guidance. The cohort will end with a DemoDay.
Let’s meet the 10 companies (descriptions provided by Endeavor Miami):
- Access Built is a platform that connects owners of residential and commercial property with adaptive design build resources.
- Backpac is an intelligent RPC load-balancing solution, empowering enterprises to scale blockchain data access seamlessly across networks. Their RPC gateway efficiently distributes RPC requests among multiple node providers, ensuring reliability, scalability, and cost savings for businesses.
- CourMed is A Private Client Health Services Company.
- Gaya enables insurance professionals to quickly and intelligently transfer data across all forms, static or web.
- KAZMALEJE (cos-mol-o-gy) is a Miami-based company started by the Stirrup Sisters – LaToya, LaTasha & LaTrice – to reinvent the wash day experience by creating innovative, lifestyle-amplifying hair tools and accessories that cater to the needs of the textured hair community.
- OppZo is an AI Lending and payments platform for small and medium sized federal government contractors.
- Path helps people build the lives they deserve through their careers. Their AI-powered skills trainer and career coach equip users with the guidance and advice necessary to achieve their goals.
- Tatch is revolutionizing asset management with Carter, an AI-powered employee that collaborates with you on investor relations and client service tasks. With Carter as your co-pilot and Tatch’s human experts handling complex work, you can deliver unparalleled end-to-end support.
- Trove is an AI-enabled platform that simplifies building, managing, and scaling e-commerce brands.
- Veba Baby has created the world’s first baby bottle monitor that tracks the expiration of breast milk and formula in real time – adjusting expiration based on data from the WHO & CDC. Veba gives parents peace of mind, knowing their babies are getting the best nutrition possible at home or on the go.
EndeavorLab’s LatinX cohort is finishing up now and Endeavor Miami is accepting applications for its woman-focused fall cohort now through Aug. 10 here. Endeavor Miami also runs 4-month ScaleUp Programs for more advanced startups, and recently concluded a ScaleUp Program.
Established in 2013, Endeavor Miami’s mission is to catalyze economic growth and drive innovation in the entrepreneurial ecosystem by supporting high-impact entrepreneurs.
In 2023, Miami’s Endeavor Entrepreneurs generated more than $900 million in revenues and employed more than 6,000 individuals. The affiliate currently supports 35 companies and 60 Endeavor Entrepreneurs.
READ MORE IN REFRESH MIAMI:
- Endeavor Miami’s 2024 Spring ScaleUp Cohort brought their best pitches to room full of investors
- Endeavor Miami selects next EndeavorLab Latinx cohort. Let’s meet them.
- Cheers to 10 years for Endeavor Miami: A look back and ahead
