BrainSpace, a medical device company, won the 20th semi-annual Seattle Angel Conference investment competition, held virtually from the Greater Seattle Area. BrainSpace is a Seattle based company Caitlin Morse and team are simplifying critical care after stroke, trauma or surgery by providing nurses & doctors with better tools to protect the brain and help it heal. https://www.brainspacemed.com/ BrainSpace receives a $200,000 angel award investment from the Seattle Angel Conference 20 LLC, based on the Seattle Angel organization’s published convertible note.
This event’s finalist companies were selected from over 62 companies. Given the goal for social distancing companies based throughout primarily Washington, but also from Anchorage to California, with a few other diverse locales applied to compete at the 20th Seattle Angel Conference. A rigorous selection process (known as due diligence) was undertaken by the 38 active angel investors to select the winning company. Thirty to Fifty hours of investigation was performed on each finalist, amounting to over 240 hours of due diligence. In the process 30 new Angel Investors were introduced to the investing process. Each investor staked $6,000 to create the $200,000 investment award for this year’s event. This round’s investment brings the total investment from the Seattle Angel Conference to more than $4,600,000 invested in the local economy and over 460 investors educated about angel investing in the decade of the running of the Seattle Angel Conference.
“The Seattle Angel Conference is an important part of the Washington start up ecosystem” said John Sechrest, founder of the SeattleAngel Conference. “Start up companies like BrainSpace tell us that their scarcest resource is early investment, and investors tell us that learning how to make smart investments is critical. Seattle Angel Conferences are there to bridge that gap”.
The five other start-up finalists who pitched were:
Curie - Michael A. Agustin and team are focused on improving the online shopping experience. First impressions are everything to your brand. The #1 reason customers visit brick and mortar is to see products in real life. With Curie Vision, easily turn your product photos into quality models and add them into your Shopify store. curie.com
EarthUP - Stephen Bay and team are working to bring forward ESG and sustainability. Companies can sign up fora free trial at earthup.eco
PetHub, INc. - Lorien Clemens are helping parents protect, share and nurture their family pet by offering a suite of lost pet recovery tools for pet parents. 96% of PetHub recovered pets are home within 24 hours of going missing. pethub.com
Violett - Branden Doyle and team are creating safe spaces to breathe using proprietary technology that kills germs in the air 50x more effectively than current comparable products. violett.com
The next Seattle Angel Conference will be held inMarch 2021. All Washington startups and those interested investors may inquire and register at any time to participate in the next round of educational events, trainings, and competition. Application Deadline is February 24, 2022.Companies registerviahttps://gust.com/organizations/seattle-angel-conference/public_profile
About the Seattle Angel Conference
Each Seattle Angel Conference culminates a 6 month program to educate and train accredited investors as exemplary angel investors through workshops, hands-on practice and mentoring. The Seattle Angel Conference is an investor-driven conference, connecting new angel investors with early stage and seed businesses in the Greater SeattleArea. The Seattle Angel Conference introduces qualified investors to the potential, process and rewards of angel investing, and equally importantly, works to encourage, accelerate and coach startup companies. If you have been considering learning more about #angel investing then this program will teach you how--and guide you in your first investment.And don't let the name fool you -- while our roots are in #seattle #startups we are a virtual program with participants from across the country. We still haves lots available for our next cohort. Contact John Dex firstname.lastname@example.org to learn more!
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