Invest Southwest names 2020 Venture Madness finalists

Newsmakers | 11 Jan |

Invest Southwest today announced the finalists for Venture Madness 2020. Now in its 28th year, each finalist will compete as one of 27 entrants in a live pitch competition from companies representing four industries: Consumer, Technology, SaaS and Medical for a chance to win a $15,000 cash prize. Each company will advance to the live-demo portion of the contest held Feb 20 at the Tempe Center for the Arts to compete in head-to-head pitches for a chance to win cash and get investor and media exposure. Venture Madness 2020 will open with a networking reception the night of Feb.19 at Culinary Dropout followed by the one-day pitch event in Tempe. 

“Each year Venture Madness showcases some of the best companies in the Southwest,” says Tim Kelley, 2020 chairman of Invest Southwest, Chairman of Canyon Angels, and Chair of Entrepreneurship at Grand Canyon University Collangelo College of Business. “The competition connects established companies that are prepared to scale with the right investors to create key relationships to accelerate their growth. Even the companies that don’t win the event are exposed to a room full of the region’s most active angel and institutional investors, which often leads to future growth opportunities just from the networking. I’m excited to see who takes home a prize this year!” 

This year’s finalists are:

Consumer

AdWallet, Albuquerque, NM

Atlis Motor Vehicles, Mesa, AZ

FiWize, Scottsdale, AZ

Dovly, Inc., Phoenix, AZ

Incorporate Massage, South Jordan, UT

Waste Not Home System AZ, Tucson, AZ

Technology

BetR-blok, Tempe, AZ

CIRQ+, Scottsdale, AZ

OTOjOY, Scottsdale, AZ

PayGround, Gilbert, AZ

SGNT INC, Tucson, AZ

Vigilant Technologies, Tempe, AZ

Medical

Additive Implants Inc., Phoenix, AZ

BMSEED, Phoenix, AZ

ElectroSonix LLC, Tucson, AZ

Emagine Solutions Technology, Tucson, AZ

i-calQ, Scottsdale, AZ

IdLink Systems LLC, Phoenix, AZ

Kalos Therapeutics, Phoenix, AZ

SafKan, Inc., Tucson, AZ

SaaS

Balance, Chandler, AZ

KLER, Chandler, AZ

Open Medical LLC, Scottsdale, AZ

RexPay Inc., Phoenix, AZ

Salad Technologies, Salt Lake City, UT

ShiftX, Chandler, AZ

Televeda, Phoenix, AZ

The annual event is presented in partnership with the Arizona Commerce Authority and attracts the most renowned venture capital, angel and institutional investors as well as community-focused sponsors and CEOs from the region.

“At the ACA, we continue to support Invest Southwest year over year,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “One of the best aspects of the competition and the organization is that it brings Arizona’s entrepreneurial community together. The investments made are fueling the economic future of our state.”

To learn more about the event and to buy tickets (on sale now) visit the Venture Madness website. Event sponsorships are still available, please contact karen.katzorke@investsouthwest.org for details. 

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