Author Archives: LACC

November 5, 2019 – Monthly Venture Capital Investment Series

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Three companies presented in the usual BNC format.

They each had 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

CityFront –

A truly smart community cares about its people. CityFront uses an array of artificial intelligent tools within its smart integration platform to connect everyone within theirr community. Residents and their community are always CityFront’s focus. Technology is merely the tool to bring everyone in their together.

BidShore –

BidShore is an On-demand discounts portal, where restaurants bid and provide offers to the diners in real-time.

Surge Holdings, Inc –

Surge Holdings, Inc. is a retail supply chain company leveraging blockchain technology to provide a virtual distribution hub for retailers, as well as offer telecom services for low income customers and financial payment services for the unbanked and under-banked. Surge products are delivered through a nationwide network of convenience stores and corner markets connected to the SurgePays™ retail blockchain network. This retail platform is designed to transform the traditional supply chain by providing local retailers seamless access to global products, and empowers the corner store to select, order and fulfill delivery of wholesale goods from around the country. This platform also provides manufacturers a cost-effective and efficient platform to access local retailers.

Partners:

Venture Shot Calendar   – Brown Back Lunch – Entrepreneur Growth Opportunities – March 21st.

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting

June 4, 2019 – Monthly Venture Capital Investment Series

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 Time: 5:00 pm – 8:00 pm

Three companies will present in the usual BNC format.

They each will have 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

ID Genomics

ID Genomics (IDG) is a biotechnology company that is dedicated to the development of innovative, precision diagnostic tests to guide the best antibiotic choice for bacterial infections all before the patient leaves the doctor’s office. IDG diagnostics fingerprint bacteria and assign them to drug resistance families (sort of like “crime families”). The data from these families are stored in BactNeT™, IDG’s proprietary bacterial database, which is current comprised of 31,000+ bacterial species and strains. Ultimately, IDG’s technology will lead to better patient outcomes and reduced cost to payors. Through BactNeT™ IDG also facilitate antibiotic resistance surveillance by pinpointing outbreaks and improving antibiotic stewardship both locally and globally.

Bronzeville Sausage Co.

Bronzeville Sausage makes a clean label, great tasting chicken sausage. Bronzeville Chicken Sausage has the juiciness, taste, and texture of a pork sausage with the health attributes of a turkey sausage. They have a variety of products that include breakfast patties, links and ground chicken. Bronzeville Sausage’s chicken sausage is free of pork, nitrates and antibiotics. It is also Non-GMO, gluten free and halal certified. You can find Bronzeville Sausage products in Whole Foods and restaurants in the Chicagoland area.

Voxello

Voxello is transforming the way impaired acute care patients communicate.  3.5 million patients each year go through US hospitals not being able to communicate effectively with their caregiver.  This costs the US healthcare system $29B a year.  The magnitude of this issue has caused the Joint Commission to mandate that hospitals provide effective communication for non-verbal patients.  Voxello® has developed the patented noddle®, which allows patients to use any single voluntary gesture such as a tongue click or minor motion to both activate a nurse call and speech generation device.  This not only affects the hospital’s bottom line, but also significantly improves patient satisfaction.  The noddle® is installed at 12 institutions including hospitals such as Thomas Jefferson, Tampa General, University of Iowa, University of Wisconsin, St. Louis Children’s and several VA hospitals.

If you can’t make this meeting, join us on TUESDAY, July 9th. (Have a Happy 4th of July!!!!)

BNC – VC Forum is a sponsor of The Art of Leadership – June 24

https://www.theartof.com/leadership-chicago-2019

Partners:

Venture Shot Calendar   – Brown Bag Lunch and Learn on June 20th…

https://www.meetup.com/VSHOT-Collaboration-Community/events/qlgvdpyzjbbc/

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting.

May 7, 2019 – Monthly Venture Capital Investment Series

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Time: 5:00 pm – 8:00 pm

Three companies will present in the usual BNC format.

They each will have 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

Feed Earth Now

Feed Earth Now’s Terreplenish creates organic plant growth microbes derived from food waste.  The microbes bring more nitrogen into the plants while eliminating bothersome fungus like powdery mildew, corn smut, and coffee rust.

Vu360 Solutions is the leading provider of Artificial Intelligence (AI)/Machine Learning and Internet of Things (IoT) based solutions & technology in Supply Chain Management, Healthcare and Agriculture Markets.

Vu360 Solutions has taken a new approach to leveraging AI and Machine Learning by providing Continuous Intelligence for enterprise applications. Unlike other approaches, Continuous Intelligence can be achieved by integrating Vu360 technologies into existing and proven enterprise solutions. The approach effectively addresses one of the biggest challenges to wide scale adoption: Potential Disruption to existing operations and processes. By limiting disruption, Vu360 allows these corporations to gradually unlock the full potential and stay ahead of the competition. AI provides a generational opportunity for all type of enterprises and businesses to make big gains in productivity and profitability. Vu360’s software lets businesses see where things are and get them moving if they’re not in the right place. Vu360 gets things to where they’re supposed go-whether it’s tomatoes or doctors they deliver!

FastClaim transforms and digitizes the $120 Billion insurance injury claims quagmire of doctors lawyers and big insurance companies by providing real help to the claimants for the first time. It is done through an app that is an AI based digital assistant named Victoria. She brings a common face to the industry, a new innovative process for rapidly settling 90 % of injury claims.  Victoria assists injured people in filing an insurance claim without the need of an attorney and consequently the injured person will  receive almost TWICE the injury compensation and  in one fifth the time of those who follow the legal route. The focus is on the injured person, not the insurance companies nor the lawyers.

The third presenter will be announced before the meeting.

If you can’t make this meeting, join us on TUESDAY, June 4th.

Partners:

Venture Shot Calendar   – Brown Back Lunch – Entrepreneur Growth Opportunities – March 21st.

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting

April 2, 2019 – Monthly Venture Capital Investment Series

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Time: 5:00 pm – 8:00 pm

Three companies will present in the usual BNC format.

They each will have 10 minutes to answer the following six questions:

What’s the product or service?
Why will the customer buy it?
What’s AMAZING about the management team?
How does the company make money?
What traction does the company have?
How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

ChoreRelief

ChoreRelief benefits modern property owners and managers by getting them the services they need at the prices they deserve. With the ChoreRelief app, finding and communicating with professionals is easier than ever before.

https://chorerelief.com

Meeper Technology

Meeper, a leading STEM (Science, Technology, Engineering and Math) Robotics and curriculum provider in the US who’s mission is to close the STEM Gap, starting in early education.

Meeper has partnered with STEM Fuse, the leading STEM curriculum provider in the US and recently obtained a license to use and resell Snap Circuits® with their new Meeper Circuit Control. Now Meeper patented robotics can control and code BOTS, Motors and Circuits and contain industry-leading STEM Lessons for K-12.

https://meeperbot.com

Coinifide

Coinfide is building a robust set of solutions to help individuals and enterprises participate in the blockchain economy and transact crypto-currencies with more confidence. Their, non-linear online educational platforms allow users to learn about the industry while they apply their knowledge using our hands-on, simulator supported by live market data.

Their platform creates enhanced liquidity, provides enhanced security tools and protocols while reducing the cost of the transaction. Their proprietary pass-through model means that they never hold the actual currency hereby significantly reducing the risk of the account being hacked.

https://coinifide.com

If you can’t make this meeting, join us on TUESDAY, May 7th.

Partners:

Venture Shot Calendar   – Brown Back Lunch – Entrepreneur Growth Opportunities – March 21st.

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting

March 5, 2019 – Monthly Venture Capital Investment Series

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Three companies will present in the usual BNC format.

They each will have 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

Back of the Yards Coffee Co.

Back of the Yards Coffee Co. is a Women-owned Business Enterprise and a Minority-owned Business Enterprise (WBE/MBE) coffeehouse and microroaster in Southside Chicago. They provide a warm inviting location for a great cup of direct trade coffee, cold brewed coffee, and specialty syrups for retail and wholesale.

They are committed to four pillars they call SEED;

-Social Impact

-Economic Development

-Environmental Consciousness

-Direct Relationships

Rowdydow bbQ

ROWDYDOW bbQ WorldWide, LLC, is a fast growing food company born from a single family recipe, on a mission to take ‘BBQ Beyond the Backyard’ and into a lifestyle brand while innovating this beloved American tradition. ROWDYDOW bbQ specializes in celebrating the culinary act of using real wood, real fire and real smoke to make authentically smoked BBQ meats like pulled pork and brisket for both the foodservice and retail markets. Being socially and health conscious, ROWDYDOW’s pulled pork line up is made from hogs raised on family owned farms and anti-biotic free, and its rub and sauce are made with simple ingredients you can pronounce.

 Angela Keaveny’s ‘rowdydow’ inspiration for starting her own business was like a lightning bolt from above – an ‘a-ha!’ – when she realized her Dad’s infamous pulled pork in a sweet vinegar barbeque sauce should be shared with the rest of the BBQ lovin’ world! In 2007, after a move to Chicago from her home in Virginia – armed with nothing but a handwritten recipe – she decided to take a chance and bring the “back home” barbeque recipe to life. The rest is her 7-year “overnight” success story, now over a decade in the making.

Ganja Vacations Jamaica

Ganja Vacations Jamaica is a web portal for information about cannabis experiences in Jamaica. The portal seeks to capitalize on recent changes in the island’s drug laws by connecting cannabis enthusiasts with recommended cannabis-friendly boutique hotels and, among other things enables users to book with confidence about the nature and quality of the vacation experience they can expect.

If you can’t make this meeting, join us on TUESDAY, April 2nd.

Partners:

Venture Shot Calendar   – Brown Back Lunch – Entrepreneur Growth Opportunities – March 21st.

Entrepreneur Growth Opportunities – Brown Bag Lunch & Learn

Thursday, Mar 21, 2019, 11:45 AM

VentureSHOT
744 N Wells Street Chicago, IL

11 Collaborative Entrepreneurs Went

Register Now! (https://egolunchlearn2017new.eventbrite.com) This special series of collaboration sessions is for Entrepreneurs, Investors, Startups, 1st Stage & 2nd Stage Growth Companies and Business Owners who are building their businesses to millions of dollars in revenue. What are YOUR issues and opportunities…and how can the VentureSHOT Team…

Check out this Meetup →

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting https://laccusa.com

February 5, 2019 – Monthly Venture Capital Investment Series

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Three companies will present in the usual BNC format.

They each will have 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

Gingko Healing

Ginkgo Healing was founded in 1985. It is the largest Chinese Herbal Medicine Center in the US with four clinics in Chicago area, $2.8MM in revenue in 2018, and 150 proprietary herbal products. The herbal products have been used by more than 50 clinics in the US. The Center has developed the world first Chinese Medicine Formula which will be further upgraded to Shennong Artificial Intelligent Formula (SAIF) system. The SAIF is the key to enable the ordinary oriental medicine practitioners to achieve extraordinary results.

CafeBellas

CafeBellas® is a multi-award winning design solution that represents the future of the food service and retail industries. Utilizing cutting edge technology in hardware and software, the design of each CafeBellas® POD is optimized for functionality, adaptability, connectivity to the Internet of Things, and elegance at a fraction of the cost to consumers.

Beethoven Marketing

Beethoven Marketing makes it easier for independent contractors to market themselves online and monetize their skills using modern software tools. When independent contractors combine trends such as the gig economy, digital marketing automation, job market uncertainty & e-commerce, new economic models begin to emerge. Beethoven helps people launch their own personal economic engine.

If you can’t make this meeting, join us on TUESDAY, March 5th

Partners:
Venture Shot Calendar http://ventureshot.com/
Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting. https://laccusa.com/

January 8, 2019 – Monthly Venture Capital Investment Series

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Three companies presented in the usual BNC format.

They each had 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

Ion Works desalinates water for a fraction of the energy while saving more water.  With Flow-Cell Capacitive De Ionization, Ion Works can desalinate water with much higher levels of salt at a much lower cost than reverse osmosis.  Ion Works is led by successful serial entrepreneur, Jack Gardiner.

Did you know that 68m US homeowners are not insured in the event of a flood?   CartoFront has created a SaaS platform to simplify the education and sales process for US insurance agents, who have majority access to this underserved market.   Combining demographic and psychographic datas sets, along with property risk information, agents will have the ability to offer the highest and best policy option for their homeowner clients.  And with CartoFront’s proprietary algorithm, CartoScoreTM, agents will be able to track all their communication,  focus on the prospects that are most likely to purchase, protect their errors and omissions,  and increase both their productivity and conversion.

More presenters will be announced before the meeting.

If you can’t make this meeting, join us on TUESDAY, February 5th.

Partners:

Venture Shot Calendar http://ventureshot.com/

Latin American Chamber of Commerce – Loans, Contract Procurement, and Business Consulting https://laccusa.com

October 2, 2018 – Monthly Venture Capital Investment Series

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Three companies presented in the usual BNC format.

They each had 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

Azuba –

Azuba provides a secure, consolidated, accessible digital lifetime health record for every patient that is shareable with doctors and others for better health and health care. Azuba is a cloud-based secure Healthdata-as-a-Service (HaaS) platform for health insurance companies to empower their members (e.g. patients).  Azuba aggregates patient clinical and non-clinical data and uses machine learning with natural language processing to provide health records management that improves patient outcomes and reduces healthcare costs.

Security in Motion –

Few human needs are as fundamental and timeless as personal safety and security. But modern security solutions are centered around the home and people are not. People are in motion, people travel…and risk travels with them.

Enter Security in Motion’s nōmad…slender, self-contained, and deployable in seconds, nōmad is the first security system designed with true mobility in mind. Its motion sensor, HD camera, and zero-hassle cellular connectivity protect you, your loved ones, and your valuables – wherever you are.

With nōmad, you’re also protected while you’re in transit, making sure that your bags don’t get too far away and sounding an alarm if they do. Just place a BagTag on the handle or inside each bag – nōmad does the rest.

If you can’t make this meeting, join us on TUESDAY, November 6th (Election Day…. VOTE!!!!)

Partners:

Venture Shot Calendar

Latin American Chamber of Commerce – loans, contract procurement, and business consulting

September 4, 2018 – Monthly Venture Capital Investment Series

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Three companies presented in the usual BNC format.

They each had 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

BuildThis –

BuildThis is an award winning website design and application development agency servicing companies ranging from tech startups to Fortune 500 firms. Since 2012, the company has grown to thirteen employees with offices in downtown Chicago and San Francisco and is profitable. BuildThis seeks an investment to enter into new markets and to implement a rollup strategy within the web development industry.

NanoGas Technologies –

Nano Gas Technologies recycles oil industry wastewater using our nano bubble process. Current wastewater disposal methods have led to damaged homes from over 600 earthquakes in Oklahoma. Nano Gas(tm) recovers the oil and enhances the water for reuse. Reuse by the oil industry eliminates the use of chemicals, fouling membranes, mountains of salt residue from evaporation. The enhanced water includes Nitro Nano(tm) bubbles. Nano Gas has doubled oil well production using Nitro Nano bubbles. Instead of damaging homes, the oil industry will use the water to increase oil production.

ForNoJo –

When we started building ForNoJo two years ago, we had only a simple ideology: we wanted to build a company worthy of naming after our children. We develop Android and iOS apps. There’s three we’d like to tell you about. But we consider them traffic plays, in that the product doesn’t really matter. What does matter is that what you feel is more important than what we earn — ForNoJo understands users are human beings, not data points.

We will be discussing specifically one of our traffic plays, Hitly 420. It is the world’s first social network for recreational cannabis users in Canada. Launching for Android and iOS in Winter 2018, Hitly420 asks the user three simple questions: “What are you smoking?” “Where are you smoking?” “And who are you smoking it with?” Using ForNoJo’s proprietary traffic methodolgies, Hitly420 will launch into its market with an estiamted 80% share of the entire Canadian adult population (coast to coast) being aware of the brand within seven days of its launch. With Deloitte estimating the Canadian cannabis market to reach revenues of more than $8B annually, Hitly420 will deploy the first cannabis-oriented advertising network throughout Canada, enabling consumers of legal age to directly engage with various products, brands and other cannabis afficiandos, allowing brands access to consumers who use the platform.

If you can’t make this meeting, join us on TUESDAY, October 2nd.

Partners:

Venture Shot Calendar

Latin American Chamber of Commerce – loans, contract procurement, and business consulting.

August 7, 2018 – Monthly Venture Capital Investment Series

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Three companies will presented in the usual BNC format.

They each had 10 minutes to answer the following six questions:

What’s the product or service?

Why will the customer buy it?

What’s AMAZING about the management team?

How does the company make money?

What traction does the company have?

How does the investor make money?

The 15- 20 minute structured Q & A with the audience, surrounding the six questions, will follow each presentation.

PRESENTERS:

First Approval Source is a profitable technology-based provider of outsourced Finance and Insurance (F&I) services to Marine, RV, Powersport and Independent Automobile Dealers. This represents 39,000 dealers potentially doing $2.2B in financing each year and leaving $4B on the table annually.

In 2017 they recorded $1.3M in revenue.

Currently, they serve profitably as the Finance Manager for dealerships in those industries who either do not have this function or who are just really bad at it. By converting their current technology from SalesForce and other commercially available subscription- based solutions to solution specific proprietary technology they reduce their costs and open the door to licensing their solution to others.

Nexus A.I. is a Chicago-based technology company that serves over 500 brands as clients. The Company’s first product, ConceptDrop, pairs brands with a vetted community of creative freelancers. Nexus A.I. helps brands make informed resource decisions through the power of data science. At Nexus A.I., they believe that talent is equally distributed, but opportunities are not. Their goal is to build an infrastructure that can help bring opportunities to the most talented people.

Nexus A.I. is a 500 Startups Company that was named to 50 On Fire, LinkedIn’s Next Wave, and the 100 Coolest Companies in Chicago.

If you could not make this meeting, join us on TUESDAY, September 4th.