Winner receives $165,000 Investment, 33 Angel Investors gain
insights, due diligence and term sheet training.
SEATTLE, WA. – May 16,
2013 — The Seattle
Angel Conference announced today that DailyDollar
was selected as the winner of its third investment competition, held in
Seattle, WA, at the HUB. DailyDollar is
a Seattle-based company that began 9 months ago, propelled by participating with
Startup Next. Their mission is to
eliminate the paper receipt. They are
working with merchants to get consumer receipts sent straight to the cloud. DailyDollar will receive a $165,000 angel
award investment.
This
event’s finalist companies were selected from over 50 companies based
throughout Washington that applied to compete at the third Seattle Angel
Conference. A rigorous selection process was undertaken by the 33 active angel
investors to select the winning company. Each investor staked $5,500 to create
the $165,000 investment award for this year’s event. Phytelligence
won the “People’s Choice Award”, as the winner of
audience balloting for the best business presentation. Phytelligence is an eastern Washington company
that uses novel plant propagation technologies for fruiting trees to improve
yields and shorten time to fruit,
“Our passion,
and key difference of the Seattle Angel Conference is that we are bringing new angel
investors to the table, giving them training and experience.,” said John
Sechrest, founder of the Seattle Angel Conference. “At the same time, we, are helping promising
startups improve their business models and hone their pitches, and find their
own angel investors” .
The other four
finalists who pitched were ShiftLabs, a maker of medical devices and other low
cost designed devices, Staging and Design Network, a home furnishings network
for Home Stagers, Nimia, a platform where premium media producers store, manage
and license assets, and Guide Analytics, which provides home services for people
with congestive heart failure.
This was the
third Seattle Angel Conference, and the event has shown strong growth in
participation, investment, and innovation.
The next Seattle Angel Conference will be held in November 2013.
About the Seattle
Angel Conference
The Seattle Angel
Conference is an investor driven conference, connecting early stage and seed
businesses with angel investors in the Greater Seattle Area. Their
mission is to introduce qualified investors to the potential, process and rewards
of angel investing, and equally importantly to encourage, accelerate and
showcase startup companies in the Seattle areas and across the Northwest. For
more information see www.seattleangel.com.
