Trill Financial
This financial technology startup was founded by a group of developers who've all done algorithmic stock trading and made money doing it. Now they are making the artificial intelligence used by top tier investment firms to get 20 to 40 percent annualized returns available to average financial advisors and eventually to consumers.
They mine data from websites, news articles and SEC corporate filings and combine it with global macro data to fuel a deep learning engine that analyzes stocks and makes recommendations for investors. B2B is the focus today, but Trill hopes to launch a consumer version and eventually, start its own fund. Watch this pitch by co-founder Akash Ganapathi for more:
Testive
Using algorithms developed at MIT, this SAT/ACT test prep startup uses software to help coaches be "superhuman" for their students. Founded by Tom Rose, a behavioral scientist who has invested years studying 16-year-olds, Testive adapts its lessons to overcome their lack of discipline, helping increase test scores by huge percentages. Testive raised $2.1 million last year from dozens of investors, including four local firms.
Learn more about the company's methodology and business plan here:
RetainEd
Serial entrepreneurs Danvers Fleury and Adam Schultz of Verified Studios are working on a mobile learning retention platform that lets people master topics over time with daily challenges delivered via an app. The problem they are trying to solve is the inefficiency and ineffectiveness of corporate training, an industry that's worth about $120 billion annually. According to Fleury in the video below, "Training is broken and generally doesn't work ever."
Watch the pitch for how they plan to make it better: