Six Startups Accepted to Michigan’s Desai AcceleratorBy Amanda Lewan on May 4th, 2016 /
The Desai Accelerator has announced it’s next class of startups to enter in their program. Six early stage technology companies were selected for the second year of their program.
The Desai Accelerator is a joint venture between the Zell Lurie Institute for Entrepreneurial Studies and the College of Engineering, founded to help ventures as they reach a critical stage between early stage development and investment. Congrats to the following startups:
- Ash & Anvil – A Detroit startup that provides affordable, stylish, everyday clothing provider for “shorter guys”. It’s co-founded and led by Venture for America Fellow Steven Mazur and Eric Huang.
- Clash Audio – A neuroscience-based streaming service that uses human curation, neuroscience research and popular music theory to analyze new music and distill millions of songs into a small, optimized database.
- Gaudium – creator of anime-style mobile games; runner-up of 2016 Michigan Business Challenge
- MySwimPro – social fitness platform for swimmers and triathletes; advised by Peter Vanderkaay, University of Michigan graduate and four-time Olympic swimming medalist
- Roomations – online platform and subscription service that provides homeowners easy access to interior design services online, including 3D room designs, shopping lists, style boards and personal design advice, by crowdsourcing freelancer designers
- Sultant – a cloud-based SaaS platform that acts as a digital financial adviso for small businesses by providing quick and meaningful insights, actionable recommendations, and intuitive visualizations
“The companies that participated in last year’s inaugural cohort have achieved such great success that we were inundated with high caliber applications to join the 2016 class,” said Kelly LaPierre, managing director, Desai Accelerator. “We are looking forward to working with this fantastic group of companies and are thrilled to be able to not only support startups founded by University of Michigan alumni, but also attract national talent to Michigan.”
Each company will be participating in the program between May 2 – August 19th, with a demo day on August 4th. They will receive $25,000 investment, access to office space, and resources including legal services, cloud credits, HR support and mentorship from the University of Michigan alumni network.
Learn more about the Desai Accelerator here.