The lucky 15 received $120,000 in financing – $20,000 from AngelPad and $100,000 from two venture capitalist firms, who prefer to remain anonymous. That additional capital was announced back in August. With that kind of carrot, it’s no surprise that AngelPad was flooded with applicants. Some 2,000 applicants competed for the 15 coveted spots, said Thomas Korte, AngelPad’s co-founder, in a brief interview with me, in between the pitch sessions.
The new recruits bring AngelPad investments to 36 (15 from today, 8 from the first class and 13 from the second one). So far so good. Only one has failed, said Thomas. Most have raised some funding, though Thomas won’t tell me what percent have raised more than $500,000.
Some notable graduates include mobile advertising startup MoPub, which raised $6.5 million from Accel Partners. Postmates raised $875,000 from angel investors, such as Jeff Clavier and Russel Simmons (co-founder of Yelp, and Matrix Partners. Mobile support startup Crittercism raised $1.2 million, led by Kleiner Perkins. Astrid raised more than $500,000 from Google Ventures and Nexus Venture Partners. LockBoxLabs.org raised money from Google Ventures and Interwest. Shopobot raised money from Google Ventures, AOL Ventures, and angels.
Will the next crop fare as well?
Time will tell. Here they are:
SourceNinja: which solves the legal pains, maintenance headaches and security nightmares of using open source.
SimpleReach, which offers real-time social intelligence and content recommendation for publishers.
LendFriend, which is an online platofrm for friends and family loans.
Pipedrive, a pipeline tool for active deal makers, helping them to stay organized and focused on closing deals.
Frugalo, which is a social savings platform , enabling online shoppers to discover and share offers through their social network.
IDoneThis, which is a daily productivity check-in for individuals and teams to track and coordinate progerss. Founders are a former Yelp engineer, physics PhD student and corporate lawyer.
Prizzm enables businesses to reward their customers for sharing feedback.
Buffer is an intelligent way to share updates at optimatl time to social networks.
Wishery integrates SaaS applications with email clients to help business communicators optimize customer retention.
Shoplogic gives ecommerce merchants an intelligent way to optimze and manage their promotions.
Kout is an ecommerce/payment platform, designed to work seamlessly across social, mobile, Web.
LikeAndy is a complete solution to manage and share mobile videos. Founders have PhD’s in video streaming, and process and are ex-Googlers (Google Video and YouTube).
Storie is a mobile social media platform for publishing and sharing content in the form of photo-based articles and stories. Fournd is an engineer and ex-Google and YouTube product manager.
Vungle is a platform for mobile developers to launch and manage video advertising campaigns. Founders previously ran a video startup.
Tapviva is mobile food ordering built atop a next-generation restaurant technology platform. Founders have been developing products together for more than a decade.
AngelPad will be take applications again closer, starting early next year.