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techfestnw.com

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Investments

1

About PitchFestNW

PitchFestNW is a global tech conference specifically designed for startups. Finalists pitch on the main stage and compete for a prize package.

PitchFestNW Headquarter Location

1219 Southwest Park Avenue

Portland, Oregon, 97205,

United States

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Latest PitchFestNW News

Madorra wins PitchFestNW (Willamette Week) - Oregon Entrepreneurs Network

Nov 8, 2017

Oregon Entrepreneurs Network OEN Member NewsMadorra wins PitchFestNW (Willamette Week) Madorra was selected from 74 startups who pitched their high-tech wares before a panel of investors Thursday and Friday at the Portland Art Museum. The winner of PitchFestNW 2017 is Madorra, a Portland-based startup that uses ultrasound to ease vaginal dryness during menopause. Madorra was selected from 74 startups who pitched their high-tech wares before a panel of investors Thursday and Friday at the Portland Art Museum. Those 74 were selected from a high-water mark of around 400 applications for the fest, which began in 2012. “It’s really exciting to have won,” said Holly Rockweiler, founder and CEO of Madorra, which uses a handheld ultrasound device to relieve post-menopausal vaginal dryness—which she says affects 32 million U.S. women. “It’s really strong validation,” she says, “that women’s health has been overlooked for a long time.” Madorra moved to Portland from the Bay Area last year, Rockweiler says. “I’m personally just happy that a medical solution won,” she says, “because a lot of times apps can be sexy, and it’s definitely a longer path to develop a medical product. I know we have something great, so it’s exciting to see other people recognize that.” During PitchFest, judges completed a scorecard for each five-minute pitch, scored on a scale of one to 10 for four criteria: quality of pitch; viability of business; whether they should advance to the Final 5; and likelihood you would invest in the startup. The final five finalists—of whom three are based in Portland—were announced Friday afternoon, and then pitched a second time in the museum’s grand ballroom in front of an audience of perhaps 300. They included: Dronze LLC is a next-generation DevOps platform that creates intelligent agents—bots—for teamware Slack. The bots “learn from you, are eager to help and work tirelessly to make your job better.” Based in Portland, its founder is Clay Graham. Sightbox, Inc. “removes the chaos and up-front costs” of getting contact lenses: calling doctors, paying for exams, receiving prescriptions and delivering a one-year supply of lenses. Based in Portland, its founder and CEO is Travis Rush. Mashup Machine applies machine learning and crowd creativity to make “adaptive storyworlds” in virtual and mixed reality environments, allowing users to “choose their own adventure.” Based in Vancouver, B.C., its CTO is Ben Cole. JikoPower’s “Spark” is a thermoelectric generator that captures and converts excess heat from campfires or stoves into electricity to power USB devices and cell phones. Based in Seattle, its Vice President and Cofounder is Marene Wiley. Arrivedo, PitchFest’s international winner, invites hotels to organize their local recommendations to guests, and provides personalized recommendations, while engaging travel writers to go and pitch directly to hotels. Based in Lima, Peru, its co-founder and CEO is Alonso Franco. The winner’s prizes included: $1,000 courtesy of Vacasa, and a 5 night stay at one of its national or international properties; $500 from HomeAdvisor; and $120,000 in cloud credits from the IBM Global Entrepreneur program.

PitchFestNW Investments

1 Investments

PitchFestNW has made 1 investments. Their latest investment was in Madorra as part of their Biz Plan Competition on March 3, 2017.

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PitchFestNW Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/28/2017

Biz Plan Competition

Madorra

Yes

2

Date

3/28/2017

Round

Biz Plan Competition

Company

Madorra

Amount

New?

Yes

Co-Investors

Sources

2

PitchFestNW Team

1 Team Member

PitchFestNW has 1 team member, including current Founder, Rick Turoczy.

Name

Work History

Title

Status

Rick Turoczy

Founder

Current

Name

Rick Turoczy

Work History

Title

Founder

Status

Current

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