gBETA Oklahoma City Startup Accelerator announces spring cohortPublished: Wednesday, May 4, 2022 By: Staff Reports
Nationally ranked startup accelerator gener8tor announced today the five companies selected for its second cohort for the gBETA Oklahoma City program. The startups were recruited from the greater Oklahoma City area and represent a wide variety of industries and verticals, ranging from auto racing safety equipment to fintech data visualization. gBETA Oklahoma City focuses on supporting early stage startups based in Oklahoma City.
gBETA is a free, seven-week accelerator that works with five startups at a time for no fees and no equity. gBETA is a program of gener8tor. Each cohort is kept small to ensure meaningful engagement with the gener8tor team, network and other resources. Participants receive intensive and individualized coaching and access to gener8tor’s national network of mentors, customers, corporate partners and investors.
“We want to congratulate the five companies selected for gBETA’s second cohort in Oklahoma City. Gaining access to the resources provided by gBETA is an amazing opportunity for these startups and in turn our community," said Jeff Seymour, Executive Vice President of Economic Development for the Greater Oklahoma City Chamber. "Our goal when helping to bring gBETA here was to provide critical support for companies just like these to grow and flourish in Oklahoma City.”
The program is designed to help startups gain early customer traction on their product or idea, and establish metrics that can make them competitive applicants for full-time, equity-based accelerators or for seed investment.
The program kicked off on April 7, and the startups will work with the gener8tor team over the course of seven weeks to meet mentors, gain customer traction and pitch to investors.
The program will culminate on June 7 at the gBETA Oklahoma City Showcase, which will highlight each of the five companies. This event will be an opportunity for the public to listen and learn more about the startups and network with the founders and other community members. More information will be provided closer to the date.
The gBETA program is offered in Oklahoma City thanks to the support of the Greater Oklahoma City Chamber, Inasmuch Foundation, American Fidelity, Square Deal Capital, Oklahoma State University, University of Oklahoma and Love’s Travel Stops. To learn more, connect with Selena Skorman, gBETA Oklahoma City Director at firstname.lastname@example.org or visit gener8tor.com/gbeta/oklahoma-city.
gBETA Oklahoma City Spring 2022 Cohort
Ascot Safety makes the inherently dangerous sport of auto racing safer through their cutting edge grouping of protective equipment. Ascot Safety provides a head and neck restraint and helmet that upends current concussion prevention standards with several more safety products in the pipeline. Ascot Safety’s products protect auto racing drivers and revolutionizes military and child car seat safety. Since 2018, Ascot Safety has developed, patented, and procured technology that reduces concussion causing forces by nearly 80% to their best competitor.
Neptune Divorce guides consumers through an uncontested divorce via a cost-effective and simplified web-based process. After a brief questionnaire, Neptune Divorce provides court-ready documents and personalized instructions to help guarantee success on their first filing attempt. Since 2021, Neptune Divorce has won third place in a Female Founders competition, secured five partner attorneys for the service, and launched an initial beta.
Phaya Naga Foods makes food products inspired by Laotian cuisine for young adults who love to cook. Phaya Naga Foods currently offers hot sauce, citrus sauce, and seasoning. Phaya Naga Foods is sold in 15 stores across 5 states and the UK, with a lifetime revenue of $27,174.
Sutra Innovations transforms retail locations into local landmarks. Sutra Innovations creates tailored, smart architectural lighting experiences for car washes. Sutra Innovations’ lighting is controlled via customers’ phones and permanently installed on customers’ buildings to create a dynamic, immersive experience that attracts attention and elevates brands. Since 2020, Sutra Innovations has generated $1.2 million in revenue and has deployed systems in 8 states.
VISBANKING provides banking industry information on 4,888 banks in the US with a key focus on financial, performance, organization, news and legal entities. Based in Oklahoma City, this software-as-a-service offering provides today's bank stakeholders, vendors, equity analysts, investors and distressed debt funds with what they need to gather and analyze complex data, develop key strategies and make informed decisions. Since January 2020, VISBANKING has over $500K in revenue and has served customers in the bank and hedge fund markets.
gener8tor’s turnkey platform for the creative economy connects startup founders, musicians, artists, investors, universities and corporations. The gener8tor platform includes pre-accelerators, accelerators, corporate programming, conferences and fellowships.
gBETA accelerates the growth of early-stage companies through its network-driven program. gBETA supports five teams per cohort and requires no fees and no equity. Since launching in 2015, gBETA program alumni have raised $258M+ in capital and created 2,514 jobs across the US and Canada. For more gBETA statistics, visit gbetastartups.com/statistics.