St. Louis-based funding organization Arch Grants announced this morning its 2014 class of startup business funding recipients. The group of 20 startups includes 12 companies not based in St. Louis; three of those are foreign businesses.
Each winner receives a $50,000 non-equity grant to help grow and develop its business in the year ahead. Funding for the grants comes from private donations; a recent effort to bring in state support failed in the Missouri legislature. This is the third year Arch Grants has awarded money to recipients; according to the organization’s annual report, the previous two years have yielded 35 grant winners, 192 new jobs in the state and $17.7 million in additional funding from investors.
In all, the 20 businesses in this year’s group produce some interesting numbers. Forty percent of the recipients are owned by women. Two grant winners come from San Francisco and another three from Boston, both of which are cities known for being innovation hubs themselves.
The 2014 Arch Grants recipients are, in alphabetical order:
Artifox, a furniture company designing products with home and office technology in mind.
BetaVersity, maker of the BetaBox, a prototyping and ideas space made from a converted shipping container.
Blue Line Security Solutions, which produces facial recognition software for businesses.
Cast, a mobile app allowing publishers to create public and private polls and see responses in real time.
CoMo Medical, which is moving medical devices and pharmaceuticals forward.
Dabble, a subscription-based service teaching specialty classes.
Ephecom, a new approach to e-commerce combining big discounts with quick decisions to accept or pas on the deals.
FreightGrid, which automates the less-than-truckload shipping process.
Greetabl, which makes greeting cards that become gift boxes.
Hyde, which manufactures next-generation sporting equipment.
Jolt Sensors, which makes equipment to track head impacts for youth sports.
Less Annoying CRM, which makes a customer relationship manager intended for small businesses.
LIFEPACK, which makes plates from natural plant fibers.
Made for Freedom, an apparel company that helps victims of sex trafficking through employment.
MeterGenius, a website that helps users save money on electricity.
Nanopore Diagnostics, which helps physicians make better antibiotic decisions for their patients during their initial visit.
Prattle Analytics, which brings proprietary textual analysis to financial data.
Tallyfy, which creates reusable checklists and workflows to simplify processes for businesses.
Tuloko, a search site oriented toward finding minority-owned businesses in the user’s area.
Wondermento, a company creating apps that change the way digital devices interact with everyday items such as pets, clothes and more.