Dallas, Texas (October 3, 2016) – Last Wednesday, RevTech Ventures hosted its fall Tech Trends in Retail at the Dallas Entrepreneur Center. The bi-annual event showcased its 5, 2016 investments as well as 4 additional “Friends of RevTech Ventures” retail-themed startups.
Usually held at Gilley’s, this year, Tech Trends activities corresponded with the Shop.org convention in downtown. The timing and partnership with the Retail Innovation Lounge allowed RevTech Ventures the ability to host hundreds of attendees over the course of 3 days instead of jam-packing 400+ into a crowded ball room for a few hours.
What was the result of expanding the programming this year? Several things…
- + 9 startup presentations
- + 4 keynote addresses
- + 4 panel discussions
- + 3 fireside chats
- + 2 dinners
- + 2 receptions
- + 1 breakfast
- + 1 shuttle bus
The wealth of content provided during our 3-day Retail Innovation Lounge at the DEC last week attracted the largest attendance ever for a RevTech Ventures activity. Over half of RevTech Ventures’s 100+ mentors were able to participate, along with dozens of retailers, venture capitalists, and angel investors.
Tech Trends marked the end of the 2016 accelerator program. The 5 RevTech Ventures accelerator companies: Arcade, Dor, FINDMINE, Xclaim Mobile & Curieux Capital, have now raised nearly $3M in funding, including $710k from RevTech Ventures and its investor syndicate.
“We were pleased to maximize the exposure of our RevTech Ventures participants to such a targeted group of investors and retail managers. Each of our RevTech Ventures participants were able to articulate an amazing level of demonstrated ROI on behalf of their respective customers” said RevTech Ventures Managing Director, David Matthews
Several of the companies are looking to establish a permanent presence in the Dallas area following the success of this year’s program. Australia-based Arcade has plans in the works to hire at least 2 team members to manage customer relations in Dallas. San Francisco-based Dor Technologies will be making frequent returns to manage manufacturing efforts. All 5 of the companies have made significant capital and customer connections during the program.
“The RevTech Ventures program allowed me to instantly connect with many business and verticals, and create many relationships that otherwise would have taken months to foster” said Michael Brand, Founder + CEO of Dor.
This week, the companies head to Austin to meet with several VC firms including S3 and LiveOak Venture Partners.
Full Press Release: revtech-packs-the-dec-with-retailers-investors-at-tech-trends