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2019 Bend Venture Conference Winners

2019 winners with checks outside of Liberty Theater

EDCO ANNOUNCES THE WINNERS OF THE 16TH ANNUAL BEND VENTURE CONFERENCE

Six Companies Presented with a Total of $488,000 in Investments & Cash Awards

BEND, OR – October 18, 2019Economic Development for Central Oregon (EDCO) hosted the 16th  Annual Bend Venture Conference (BVC) to a sold-out crowd at the Tower Theatre in Downtown Bend. This August, nearly 100 companies from across the U.S. and Canada applied to the conference in hopes of making it to the Tower Theatre stage. Over the past two days, 14 finalists presented their ideas to nearly 600 attendees.

This year marks the largest fund yet for the BVC, LLC, setting a funding record for the conference.

This year’s award breakdown is as follows:

Growth Stage Competition

The Growth Stage Competition, which included companies that have a proven concept and initial revenues, had two different winners.

  • Winners of BVC, LLC, Investment Awards*:
    • Observa (Seattle, WA) – An AI platform bringing ecommerce-style analytics to brick-and-mortar retail, was awarded $250,000.
    • Belmont (Portland, OR) – Providing break rooms with coffee, simplified draft beverages and fully-managed pantry service using proprietary technology, was awarded $100,000.

*The investment arm of the conference, BVC, LLC, awarded the Growth Stage investments following considerable due diligence of each of the five presenting finalists. This investment included $75,000 from Business Oregon and $10,000 from Oregon Community Foundation. Investments and follow on deals are still being finalized.

Impact Competition

The Impact Competition, which included for-profit companies with an integrated social or environmental mission, had one winner, awarded by the BVC Impact LLC. This is the fifth award given by the Impact LLC in the past four years.

  • Winner of the BVC Impact LLC, Investment Award*:
    • Riff Cold Brewed (Bend, OR) – Upcycling coffee byproduct into an all-natural energy drink, was awarded $85,000.

*The impact investment arm of the conference awarded an investment following considerable due diligence of each of the four presenting finalists. This investment included $25,000 from Business Oregon and $10,000 from Oregon Community Foundation. Investments are still being finalized.

Early Stage Competition

The Early Stage Competition included companies that are pre-revenue (or very early) and are in the process of testing their product in the market. The three winning Early Stage companies are:

  • Winners of the Portland Seed Fund Early Stage Competition:
    • FleetNurse Inc. (Eugene, OR) – An app-based on-demand staffing service for healthcare facility supervisors, was awarded $25,000.
    • Steamchain Corp. (Salem, OR) – A blockchain company using smart contracts to reduce high currency conversion costs and fluctuation risk in shipping and logistics, was awarded $25,000.
  • Winner of the Keiretsu Forum Audience Award (awarded at EDCO’s September PubTalk):
    • TerrAmor (Corvallis, OR) – A low-cost, easy to deploy, organic-certified solution for soft fruit growers to address the spotted wing drosophila problem, won a $3,000 cash award.

“This year we’ve raised the most money for the BVC LLCs in the history of the conference,” said Brian Vierra, EDCO’s Venture Catalyst. “This continues to show the strong local investor support for both the Conference and our current startup ecosystem. BVC continues to connect Central Oregon entrepreneurs to a broader, national audience.”

About Bend Venture Conference (BVC)
Now in its 16th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 38 companies as a result of the conference. This year, nearly 600 entrepreneurs, investors, and business leaders attended the multi-day conference on October 17-18, in Bend, Oregon. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

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2019 BVC Growth Stage and Impact Finalists Announced

EDCO ANNOUNCES THE FINALISTS IN THE GROWTH AND IMPACT CATEGORIES ADVANCING TO THE BEND VENTURE CONFERENCE, OCTOBER 17-18

BEND, OR – October 4, 2019 – Economic Development for Central Oregon (EDCO) announced the Semi-Finalists advancing in the Growth Stage and Impact Categories for the 16th Annual Bend Venture Conference (BVC) on Thursday, October 17 – Friday, October 18, 2019.

In just two weeks, these companies will travel from across the West to present on the Tower Theatre stage. Last year, companies in the Growth Stage category won prizes ranging from $100,000 to $500,000, while the Impact Category winner walked away with $100,000.

In alphabetical order, the five Growth Stage finalists are:

  1. Belmont (Portland, OR) – Providing break rooms with coffee, simplified draft beverages and fully-managed pantry service using proprietary technology.
  2. Candid Wholesale (Portland, OR) – A suite of enterprise-grade tools for SME wholesalers, providing a SaaS platform where buyers can make orders and manage relationships.
  3. Observa (Seattle, WA) – An AI platform bringing ecommerce-style analytics to brick-and-mortar retail.
  4. SendSmart (Portland, OR) – Automates web lead follow up on multiple communication channels, connecting salespeople with leads once they’ve responded.
  5. ThingLogix (Belmont, CA) – Provides companies with the expertise and tools to design, build, deploy, and manage serverless and IoT Applications on the cloud.

In alphabetical order, the four Impact Stage finalists are:

  1. Beta Hatch (Seattle, WA) – Farming for the future by industrializing insects.
  2. Meli Wraps (Bend, OR) – Creators of reusable beeswax wraps for food storage.
  3. Riff Cold Brewed (Bend, OR) – Upcycling coffee byproduct into an all-natural energy drink.
  4. Sironix Renewables (Seattle, WA) – Maker of high-performance, eco-friendly ingredients for cleaning products.

“These companies represent finalists from close to 100 applications received this year,” said Brian Vierra, EDCO’s Venture Catalyst. “The steady progression in maturity of both tracks continues with a broad range of geographies and ideas being represented. These top companies also show how the tracks have evolved to look more like true Venture-style investments, with revenues ranging from $500k to close to $4 million.”

Hosted by Economic Development for Central Oregon (EDCO), this year’s BVC will once again feature three competition categories: Growth Stage, Early Stage and Impact, bringing together over 600 entrepreneurs, investors and business leaders to Bend, Oregon.

Ticket Sales
Tickets to the 16th Annual Bend Venture Conference are on sale now and are available here.

About Bend Venture Conference (BVC)
Now in its 16th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 38 companies as a result of the conference. This year, over 600 entrepreneurs, investors, and business leaders are expected to attend the multi-day conference on October 17-18, in Bend, Oregon. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

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2019 BVC Semi-Finalists for Early Stage

EDCO ANNOUNCES THE BVC EARLY STAGE SEMI-FINALISTS
Ten companies to present at the largest PubTalk of the year September 26th;
Competing for a $3,000 cash award and a spot on BVC Stage

BEND, Ore. – September 17, 2019 – Economic Development for Central Oregon (EDCO) announced the 10 semi-finalist companies advancing in the Early Stage competition for the 16th Annual Bend Venture Conference (BVC) on Thursday, October 17 – Friday, October 18, 2019. This group of companies is one step closer to presenting on the historic Tower Theatre stage in Downtown Bend, competing for an investment of $25,000 from Portland Seed Fund.

These Early Stage semi-finalists will pitch against each other at the September 26th PubTalk with five companies advancing to the Bend Venture Conference. In addition to advancing to the BVC, an audience vote will determine one Early Stage company to receive a $3,000 cash award, courtesy of Keiretsu Forum. Tickets for PubTalk are on sale now and available here.

In alphabetical order, the 10 BVC Early Stage semi-finalists that will compete at the September 26th PubTalk are:

  1. Analog Biometric Technologies (Portland, OR) – A firearm lockbox preventing children from accessing firearms using the length of fingers to unlock.
  2. eCode.me (Bend, OR) – A product recommendation platform that recommends products based on a unique sensory profile.
  3. FleetNurse Inc. (Eugene, OR) – An app-based on-demand staffing service for healthcare facility supervisors.
  4. Honistly (Portland, OR) – Creators of financial instruments that ease anxiety through alternatives to predatory lending and the comfort of predictable expenses via warranties.
  5. Lisi Global, Inc. (Richland, WA) – Environmentally safe, patented electronics technology that eradicates soil pests and pathogens.
  6. Referit Wellness, Inc. (Bend, OR) – An app that helps doctors grow their practices by incentivizing patients to share their favorite doctors.
  7. Shift (Bend, OR) – VR enhanced online training to help educators recognize and mitigate implicit bias in the classroom.
  8. Speak Technologies (Portland, OR) – A time-saving productivity tool using AI to follow-up on meetings by automatically capturing notes, key decisions and action items.
  9. Steamchain Corp (Salem, OR) – A blockchain company using smart contracts to reduce high currency conversion costs and fluctuation risk in shipping and logistics.
  10. TerrAmor (Corvallis, OR) – A low-cost, easy to deploy, organic-certified solution for soft fruit growers to address the spotted wing drosophila problem.

 

During PubTalk, an audience vote, along with a panel of experts, will determine the five companies that advance to BVC October 17-18. With the largest crowd of the year, the action will be live-streamed throughout McMenamins. Don’t wait to secure your seats – tickets are going fast and this event will sell out.

With the largest crowd of the year, the action will be live-streamed throughout McMenamins. Don’t wait to secure your seats – tickets are going fast and this event will sell out.

PubTalk Agenda
5:00 pm to 5:45 pm Networking, drinks & appetizers
5:45 pm to 8:00 pm Early Stage Company Pitches, Audience Vote, Winner Announcement

PubTalk Cost and Registration
$27 EDCO & OEN Members (Become a member here.)
$37 Non-Members
Cost includes appetizers and a free beverage (choice of beer, wine, or soda)

Ticket Sales
Tickets to the September 26th PubTalk are on sale now and available here.
Tickets to the 16th Annual Bend Venture Conference are on sale now and are available here.

BVC Title Sponsors


PubTalk Title Sponsors

About Bend Venture Conference (BVC)
Now in its 16th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 38 companies as a result of the conference. This year, over 600 entrepreneurs, investors, and business leaders are expected to attend the multi-day conference on October 17-18, in Bend, Oregon. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

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