SixThirty, the St. Louis-based business accelerator for tech startups in the financial services sector, has announced five new portfolio companies, ranging from the developer of an artificial intelligence platform to the maker of software for transferring money via social media.
Each of the companies will receive a $100,000 investment in exchange for an equity stake of between 5 percent and 10 percent.
All five are from outside the St. Louis market, including one from Israel.
The companies are:
- Bridge Technologies (Chicago) – Has developed an automation software-as-a-service platform for financial advisers in the registered investment adviser market
- CFX Markets (Chicago) – Serves as a secondary market for real estate investment trusts
- CogniCor (San Francisco) – Has developed an artificial intelligence platform that enables customer interaction to resolve queries, issues and lead generation via text or voice
- Painless1099 (Buffalo) – Helps independent contractors withhold their own taxes to save for tax season
- PayKey (Tel Aviv, Israel) – Provides banks with technology to enable their clients to transfer money to their peers across social media platforms
Read more: St. Louis Business Journal