Submitted by: Lana Gersten
FOR IMMEDIATE RELEASE
Contact: Lana Gersten, (212) 784-5714, LGersten@groupgordon.com
Gust Names BoardVitals Winner of Startup Contest CATAPULT NYC
BoardVitals will receive 3 months of incubator workspace and support, mentorship from Super Angel Investor David S. Rose, and the opportunity to pitch the city’s top investors.
HEVO Power named CATAPULT NYC Runner-up
February 11, 2014 – NEW YORK, NEW YORK – Gust, the global investor relations platform connecting high-growth entrepreneurs and active early-stage investors, today announced BoardVitals as the winner of CATAPULT NYC, a contest for New York City-based startups. BoardVitals, the leading provider of Medical Board review, will receive 3 months of workspace and support in the Greenhouse Incubator in the heart of Silicon Alley, as well as mentorship from David S. Rose, CEO of Gust, prolific investor and serial entrepreneur, who Business Week dubbed “The Pitch Coach” for his work with early-stage entrepreneurs. At the end of the 3 months, BoardVitals will pitch members of New York Angels, the most active angel investment group in the U.S. at its monthly screening session. The runner up, HEVO Power, which provides opportunistic charging, known as Green Parking Zones, for city dwellers and commuters gearing up to purchase a plug-in hybrid or electric vehicle, will also receive presentation coaching from David S. Rose and an opportunity to pitch at a New York Angels screening session.
“BoardVitals and HEVO Power stood out among a group of exceptional startups,” said David S. Rose, CEO of Gust. “Our winning startup, BoardVitals, has one of the smartest business models I’ve seen in New York City, and the company is filling a large and lucrative gap in the market. Runner-up HEVO Power is accelerating the adoption of electric vehicles with an innovative approach to wireless charging infrastructure. Gust is excited to watch both companies grow as we continue our support of New York’s thriving entrepreneurial community.”
BoardVitals is a high-quality, affordable, and effective Medical Board review tool for practicing physicians, residents, and medical students. It combines review questions from publishers with questions from over 150 expert medical specialists into a single digital question bank, bringing together the best content and helping doctors stay up to date with discoveries across their field of interest. BoardVitals also provides physicians with detailed feedback and assessment of their progress broken down by subject areas, including comparisons of their performance to that of their peers.
“We recently closed a seed round, and Gust was crucial in helping us contact investors,” said Daniel Lambert, CEO of BoardVitals. “It’s also great to see Gust supporting the entrepreneurial ecosystem through CATAPULT NYC. They’re doing a lot to help the Community, and we’re grateful for it.”
“The Gust CATAPULT NYC startup contest was a huge win for HEVO,” said Jeremy McCool, CEO and Founder of HEVO Power. “Our weekly page views went up over 200% since signing up and we initiated due diligence with multiple investors that found us through the competition. We’re very proud of our accomplishment and we’re excited to take advantage of the resources that Gust will provide us as a result of our win.”
Startup companies that participated in CATAPULT NYC were evaluated on a number of factors, including strength of business plan and revenue strategy, product/service, team, marketing plan, financials, and overall viability. There were two rounds of judging: a preliminary screening round carried out by industry experts, and a final round judged by leading independent New York City angel investors, including David S. Rose, CEO of Gust.
Registration for CATAPULT NYC was restricted to for-profit, New York City-based startups focused on innovative web, social, financial, mobile, green tech, entertainment, health, or media technologies.
Gust provides the global platform for the sourcing and management of early-stage investments, enabling skilled entrepreneurs to collaborate with the smartest investors by virtually supporting all aspects of the investment relationship, from initial pitch to successful exit. Gust is endorsed by the world’s leading business angel and venture capital associations, and powers over 1,000 investment organizations in 80 countries. More than 200,000 start-ups have already used the platform to connect and collaborate with over 45,000 investors. Gust is based in New York, NY, with a European office in Paris, France. Please visit www.gust.com for more information.
BoardVitals.com is an online testing interface that helps prepare people with their board reviews. The site offers a database of peer-reviewed questions that can be answered anytime and from any electronic device. It’s run by Daniel Lambert, an electrical engineer and graduate of Harvard Business School, who holds more than 15 analytics and healthcare patents. The chief medical officer of the site is Andrea Paul, a Yale trained MD with more than eight years of clinical experience. For more information, visit the site at http://www.boardvitals.com.
About HEVO Power
HEVO Power offers a wireless charging network to electric vehicle (EV) fleets, specifically to commercial, government, recreational, and military fleets, at up to 3x the charge and distance of wireless charging devices on the market. The HEVO Power Network (HPN) consists of the HEVO Power Station (HPS), which is mounted to the pavement or embedded like a manhole cover to deliver up to 10kW of power. The HPS syncs to the HEVO Vehicle Receiver (HVR), which is mounted onto the EV to deliver the electric charge once the vehicle is parked over the HPS. The HEVO Power App (HPA) provides fleets with the ability to remotely manage their fleets, and access performance data and vehicle alignment tools. We provide fleet managers unprecedented flexibility to streamline operations, extend battery range, and provide remote access to vehicle performance to manage energy use while sensory software provides proactive maintenance. The HPN saves fleets up to 5% in costs over plug-in stations.
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