The 13 startups making up the class represent a range of solutions across both the financial and insurance industries. The RevTech Labs team connected with over 10,000 companies worldwide, narrowing the numbers down from over 400 applications through an internal screening process and selecting 13 final companies after hosting a Selection Week with program partners and sponsors.
RevTech Labs' hybrid program model offers invaluable flexibility to accommodate Founders from all corners of the U.S. and those balancing commitments at home, ensuring they receive robust support tailored to their needs. "We’re thrilled to welcome these exceptional founders into the Charlotte ecosystem and support the growth of some of the industry's most promising innovators," said Dan Roselli, Co-Founder of RevTech Labs. “We experienced record-high competition for spots in the program this year, with an acceptance rate of just 2.5%”.
"I’m incredibly proud of the meaningful support we provide, both regionally and nationally, as we work to uplift underrepresented entrepreneurs and transform the opportunities available in the fintech industry. Our mission is to be a driving force in changing the disparaging statistics in venture funding that underrepresented founders face," said Sara Garces Roselli, Co-Founder of RevTech Labs.
RevTech Labs Class 21 will graduate from the accelerator program after completing a final pitch on November 21-22, 2024, at Venture135, which is a highly exclusive, premier venture capital conference focusing on quality deal flow and innovation across the fintech and insurtech verticals. Venture 135 will take place at the Foundation for the Carolinas, which is inside the North Tryon Innovation Corridor.
RevTech Labs Class 21 Companies:
Backbone Technologies, Inc. - Memphis, TN
Backbone Technologies (Backbone) is a financial management platform purpose-built for microbusinesses. Backbone helps microbusiness owners manage their finances all in one place from their smartphone or tablet so that they can get time back to focus on their business, save money, and achieve peace of mind.
BuildrFi - Miami, FL
BuildrFi streamlines financial workflows for construction by offering a clear view of project cash flows and straightforward payments and financing options to manage material costs and delayed payments.
Drypowder - Overland Park, KS
With Drypowder, Buyers and Sellers can automate their payments and collections functions and access straightforward, in-app AR & AP financing solutions.
EasyAudit - Toronto, ON
Helps you achieve SOC 2 compliance for half the cost. With the power of AI, EasyAudit is a one-stop solution that streamlines the entire SOC 2 process, saving your business up to $100,000 in auditing fees and up to 3 months of manual labour.
Forms Logic - Wheaton, IL
Forms Logic is a cloud-based system for Advisors, Broker Dealers, RIA’s or Alt Providers looking to integrate single data entry across multiple forms for anyone seeking to streamline paperwork processing.
Glide AI - New York, NY
The next-gen financial infrastructure for AI agents. Glide is the payments API that empowers AI agents to make payments.
Newzip - Boston, MA
Real estate brokerage-as-a-service platform that enables mortgage lenders to vertically integrate real estate services with mortgages to bundle and save buyers money.
Pigeon - Miami, FL
An online platform that allows anyone to create and manage loans with their friends, family, colleagues, community, or more!
Sandbox Wealth - New York, NY
Sandbox Wealth is a turnkey banking platform that provides a differentiated banking experience to independent advisors and family offices.
Tazi AI - San Francisco, CA
TAZI empowers business teams of midsize companies in financial services to rapidly deploy, and iterate on AI and GenAI based solutions for customer retention, demand prediction, and fraud detection, without relying on IT or data scientist teams.
Vine Financial, Inc. - Austin, TX
A simplified, AI Commercial Lending platform to better the borrower and lender experience.
Waya - New York, NY
Waya empowers underserved communities and immigrants with seamless cross-border financial services, fostering inclusivity and economic empowerment.
Yorbis - Los Angeles, CA
Bank Global. Transact Local. We're simplifying cost and access for SMBs to participate in global commerce.
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About RevTech Labs
Co-founded by Sara Garces Roselli and Dan Roselli, RevTech Labs has been at the forefront of Charlotte's burgeoning entrepreneurial ecosystem and venture capital scene since 2011, helping put the Queen City on the map for technology and VC funding. Charlotte fintech venture capital firm, RevTech Labs Capital), has been named the top venture capital firm for fintech companies in the United States and recently launched its 21st Cohort of successful startups in the field. Sponsors of the accelerator program include AIG; Grasshopper Bank; The Hartford; Fifth Third Bank; Morris, Manning & Martin, LLP; Brighthouse Financial; City of Charlotte; Wells Fargo; Truist Foundation; Truliant Federal Credit Union; and Avidxchange.
Contact: Sarah Yates
205.500.6841
