The crowd disperses after the conclusion of Demo Day.
Sitting in the front row, Technically Philly took lots of photos and video that didn’t quit make it into our post yesterday.
After the jump, see over 40 more photos and seven presentation videos.
DreamIt Partner Steve Welch introduces Mind Snacks
This was no ordinary graduation.
Their summer over, the 14 companies incubated in DreamIt Ventures no longer have the luxury of seed money, free office space and daily mentorship and must now strike out on their own. Despite the celebratory nature of Demo Day, the work of the 2010 Dreamit Ventures graduates has only just begun (read more about each company in our three-part Demo Day Preview series).
But first, each company was given seven minutes to present its business models, team and funding needs to a packed house of investors, entrepreneurs, lawyers and others with the hopes of netting investment, more customers or advisers. Each company then fielded a small number of questions before handing the microphone over to the company next in line, making the presentations move like DreamIt itself: quickly and efficiently .
A chart detailing which DreamIt companies are at revenue (click to enlarge)
If there is a theme to DreamIt’s class of 2010, it’s the use of social media to add transparency to industries that badly need it. Giveloop adds accountability to donations, Vozeeme helps truckers fulfill inventory through an open bidding process and Easel uses the web to connect tutors to students, to name a few.
But with 14 companies, it can be tough to keep track of all of the presentations. So, as per tradition, Technically Philly has a few awards to hand out. After the jump, see who had the face the toughest crowd, which company necessitated ”your mom” jokes and, of course, our pick for best company.
A crowd of more than 200 in the Independence Visitor Center ballroom for the second Dream It Ventures Demo Day.
Demo Day marked the end of the second session of DreamIT Ventures, with the box score showing growth: one company sold, several pledging to retain ties to Philadelphia and six already moving on user acquisition.
A collegial crowd of 200 — t-shirt adorned developers, business casual 20- and 30-somethings and a crush of lawyers and investors — piled into the Independence Visitor Center ballroom, away from cloudy skies and occasional rain, to hear presentations from 10 tech startups that were housed in the University City incubator this summer.
The buzz was just how few of the 10 presenting startups were actively and openly seeking funding — just three by our count — and the growth DreamIt has seen.
Some estimates put the audience size at nearly double last year’s inaugural Demo Day, during which the incubated companies present their progress after the three month program. There was national attention not present last time, with coverage from ReadWriteWeb and Tech Crunch on record.
Below we run through the ten companies and, more importantly, give awards for their presentations.
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