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WNY Venture Forum - September 16, 2020

Wed Sep 16th, 2020 - 8 to 9 am
At Via Zoom
Presentations by HELIXintel and Verivend, Inc. Virtual Networking among entrepreneurs, investors and business professionals.

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The WNYVA's September 16 meeting will once again be via Zoom ONLY. REGISTRATION IS REQUIRED TO RECEIVE THE LINK TO THE MEETING.
https://wnyventure09162020.eventbrite.com

Same great company pitches, same ability to see your startup community counterparts, no need to dress up! 

We are waiving the normal registration fee for non-members.
Bring you own coffee and breakfast!


Please call 716-864-8670 or email [email protected] for more info.

 

Company Presentation Forum

September 16, 2020
(No Business Attire Required!)

 

8:00 - 8:15 AM     Announcements, Attendee Self-Introductions
8:15 - 9:00 AM     Business Plan Presentations and Audience Questions

Presentations contain general information about the presenting companies and are for educational and networking purposes only.  Presentations do not include information or discussion of any fundraising or offering of securities.

Presenters:

HELIXintel                                                                                   Jon DeWald, CEO and Co-Founder

HELIXintel is the first B2B marketplace for equipment operators to purchase aftercare services from original equipment manufacturers (OEMs) and their authorized network. We've seamlessly integrated this marketplace with free maintenance management software.  

The $176 billion U.S. B2B building technologies maintenance industry is friction-laden and inefficient. Two-thirds of equipment operators are using antiquated systems to track their maintenance and their service purchase process is highly fragmented. As a result, most operators aren't performing the proper maintenance on their equipment, which leads to significantly higher costs of ownership. OEMs are best suited to service this equipment and are eager for additional aftercare business, since it has 2.5x the margins of new equipment sales. However, due to high costs of capture for maintenance contracts, OEMs are disconnected from most customers who have purchased their equipment. 
 
HELIXintel is the solution. Our free software platform unifies maintenance tracking with first-of its-kind optimization and purchasing features, helping equipment operators save cash, time and energy. Meanwhile, we serve as an extension of OEMs' sales teams. They receive new revenue with little or no additional sales team costs and a simplified and streamlined quoting and fulfillment process. 
 
We have a team with more than 30 years of high-performing OEM aftercare sales experience, a functioning product, transactions on our platform and OEM partners with nearly 20,000 pursuable accounts. To learn more, please visit www.helixintel.com

Verivend, Inc.                                                                  Jon Ebel, Co-Founder

Verivend is a B2B fintech that decreases the friction of invoicing and payments, reduces risks when transacting with new partners, and increases trust in buyer-supplier relationships. Founded by industry veterans from the transportation, commodities, SaaS, and B2B marketplace industries, Verivend provides the fastest and most secure way for businesses to transact.
 
B2B payments in the United States is a $20Tr+ market, with small and medium-sized businesses representing $9Tr+ in annual transactions. 50% of payments are still made by paper check and over 13% of payments are trapped in "trade credit" - the net amount owed to suppliers for services and products provided on any given day.
 
In addition, time and resources are required to monitor, manage, and realize a business's cash flow; uncertainty of creditworthiness and past performance lead to risks in business transactions; and strategic buyer-supplier relationships are difficult to establish.
 
Verivend's platform solves these challenges by:
- Empowering suppliers to gain predictability and reliability of cashflow, reducing late payments and receivable challenges.
- Allowing buyers to build reputations based on their transaction and payment histories, increasing trust and reducing the risk in business transactions.
- Enabling buyers & suppliers to form strategic partnerships and collaborate with a higher level of confidence.
To date, Verivend has on-boarded nearly 20 early adopters from a variety of industries and processed over $3Mn in payments for our customers. For more information, please visit verivend.com.
 

 

Admission Free
Contact Jack McGowan at Insyte Consulting (716-864-8670) for more information.

Call For Presenters!
We are seeking qualified presenters for future meetings.  Potential presenters must submit a business plan, which will be reviewed by our Coaching Committee for appropriateness and completeness. 

 

Thank You to Our Corporate Sponsors:
Amerisource Funding
Bankruptcy Exchange, Inc.
Bond, Schoeneck & King PLLC
Buffalo Niagara Medical Campus
Chautauqua County IDA
Colligan Law LLP
The Coppola Firm
Dansa D'Arata Soucia CPAs LLP
Dopkins & Company, LLP
Erie County IDA
43North
Fredonia Technology Incubator
Freed Maxick CPAs, P.C.
Full Circle Studios
Goldberg Segalla LLP
Gross Shuman P.C.
HANSA
Harter, Secrest & Emery LLP
Helm Experience & Design
Hodgson Russ LLP
Ignition Life Solutions
Insyte Consulting
Invest Buffalo Niagara
Key Private Bank
LaunchNY
Lawley Insurance
M&T Bank
Newman Enterprises
Pusch & Gal
Rand Capital Corporation
Rupp, Baase, Pfalzgraf, Cunningham, LLC
Sandhill Investment Management
Seneca Holdings, LLC
Techstars
TM Montante Development LLC
UB Center for Entrepreneurial Leadership
UB Business & Entrepreneur Partnerships
Upstate Capital Association of NY
Viaduct
WNY Impact Investment Fund
360PSG

 

The Western New York Venture Association is a not-for-profit organization formed to promote investments
 in Western New York by identifying quality investment opportunities and by creating
 interaction between entrepreneurs and investors.


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