MassChallenge, an 11-year-old non-profit, no-equity accelerator program, has added 30 new Fintech and 30 Healthtech startups to its 2021 program. Each teams will likely be launched at a digital MassChallenge Verticals Opening Nights occasion on January 13, 2021.
5 of this yr’s MassChallenge Fintechs are based mostly in Massachusetts. 5 of this system’s Healthtech corporations are additionally working out of Massachusetts. Launched in Boston, the MassChallenge now provides packages in Mexico, Israel, and varied different cities throughout america.
The managing administrators of each the Fintech and Healthtech packages acknowledged that the candidates this yr have been very aggressive and various. For the Healthtech group, the 30 initiatives have been chosen from over 380 candidates throughout greater than 35 totally different international locations — which suggests there was lower than an 8% acceptance fee. (Word: for the listing of Healthtech companies accepted, test right here.)
MassChallenger MD Fintech, Devon Sherman, acknowledged:
”We’re excited by the vary of options and views this yr’s cohort brings. In our expertise, this variety of backgrounds and concepts is what drives true innovation.”
Jason Guenther, Head of Funding & Operations Applied sciences at Putnam Investments, remarked:
“This year‘s MassChallenge program was instrumental in helping us find companies with whom to partner in solving important business issues. Our partnership with MassChallenge has accelerated our digital journey and enabled us to think differently about how to leverage technology to improve business outcomes.”
Listed below are the Fintechs which are a part of the MassChallenge accelerator:
MassChallenge Fintech 2021 cohort:
Accern (New York) – Accern accelerates AI workflows for enterprises with a no-code growth platform.
And Monetary (New Hampshire) – And Monetary helps people remodel pupil debt into retirement belongings.
Beekin (New York) – Beekin is an asset administration platform for business actual property traders, powered by large information and machine studying.
Bellwethr (Kansas) – Bellwethr helps companies maximize every of their buyer’s lifetime values with predictive and prescriptive analytics.
Bodeswell (Massachusetts) – BodesWell companions with the most important monetary companies corporations to maneuver folks towards their monetary objectives.
Compliance.ai (California) – Compliance.ai is a modernized regulatory change administration answer.
eCredable (Georgia) – eCredable helps shoppers and small enterprise house owners construct stronger credit score profiles to entry higher monetary services and products.
EmpowerYu (California) – EmPowerYu is tackling the eldercare disaster by giving medically weak folks and their caregivers steady threat evaluation from residence.
Farther Finance (California) -A household workplace was for billionaires. Farther Funds replaces legacy tech and archaic processes to tug that have ahead.
Finaeo (Ontario) – Finaeo is streamlining insurance coverage distribution by connecting insurance coverage carriers, advisors, and shoppers by way of an built-in expertise.
Flourish Financial savings (California) – Flourish gives monetary establishments with a tailor-made engagement platform to drive deposits and deeper relationships.
Gig Wage (Texas) – Monetary infrastructure for the way forward for work. Gig Wage helps corporations and platforms pay unbiased staff, aka gig staff & freelancers.
Goalsetter (New York) – Goalsetter is the neatest cash app for the entire household – from cradle to commencement, together with dad and mom, too.
gravityAI (New York) – gravityAI is a platform for Enterprise enterprise groups to discover, check, and intergrade AI algorithms while not having to know learn how to code.
Habu (Massachusetts) – Habu is the main Knowledge Clear Room software, enabling protected information sharing between corporations with privateness and safety at its core.
HomeZada (California) – HomeZada is a private finance/fintech platform for shoppers to handle their largest monetary asset and largest expense, their residence.
Knoema Company (New York) – Knoema is a knowledge know-how platform that helps make world, different, subscription and inside information discoverable and helpful.
Manetu (New Jersey) – Manetu’s Client Privateness Administration platform provides seamless, dynamic and clever finish to finish administration of client consent and information entry.
Monit (Massachusetts) – Monit is a predictive cashflow and monetary optimization platform designed for enterprise house owners as an clever, always-on advisor.
myGini (California) – Magic in your playing cards. Rewards and procuring provides to make spending and saving cash simpler. White labeled to your model.
Optalitix (London) – Optalitix provides an modern AI and know-how software program platform providing merchandise to quickly allow monetary companies corporations to make use of AI.
Owlin (Amsterdam) – Owlin is a information analytics device that helps finance professionals monitor their portfolio proactively, repeatedly, and in real-time.
Qoins Applied sciences (Georgia) – Qoins is a monetary wellness app that helps shoppers repay their debt sooner by combining monetary training and automation.
Retail MarketPoint (Rhode Island) – Each retail actual property transaction within the U.S. – each property sale, lease, loan, or funding – will be measured by a Retail MarketPoint BrandScore™.
Retirable (New York)– Retirable helps pre-retirees plan for a greater future with free entry to skilled retirement steering and planning companies.
Rialto Markets (New York) – Rialto democratizes and expands personal markets for each issuers and traders.
TCARE (Missouri) – TCARE reduces the danger of Medicaid & LTC insurance coverage claims through an evidence-based household caregiver help program.
WEVO (Massachusetts) – WEVO is the one device that pinpoints why guests aren’t changing and generates suggestions to enhance conversion, earlier than going stay.
Workscope (London) – Workscope makes use of information analytics & enterprise intelligence to know, govern and handle threat for spreadsheet pushed operations.
Worthright (Massachusetts) – Worthright is a FinTech firm that takes the anomaly out of planning and paying for long-term care.