Ottawa-based SaaS accelerator L-SPARK has announced the six startups that will join its winter 2017 accelerator program.
The six selected companies will move into L-SPARK’s office space for four months, with the goal of propelling their companies to 10 times revenue growth. The startups will receive one-on-one mentorship and undergo intensive SaaS workshops, with a focus on scaling customer traction and revenue. The startups were selected by representatives from VC firms and companies including iNovia Capital, Amazon, ScaleUP Ventures, and MaRS IaF.
While L-SPARK operated as an incubator and an accelerator in its past two years of operation, in October 2016, L-Spark pivoted to operate exclusively as an accelerator.
L-SPARK operates two programs: its four-month Foundation program, which helps early stage companies with a product to establish go-to-market fit; and its nine-month Scale program, which helps companies execute on repeatable sales processes and establish a board of directors. The accelerator announced the 11 startups joining its nine-month Scale program back in October.
This winter 2017 cohort includes:
- Advolv: Advolv’s platform targets companies that use Twitter for marketing and advertising. The company provides market intelligence, suggestions on content to post, and insights on when to post.
- Leadfox: Leadfox gives marketers tools to build web campaigns without IT, including: landing pages, popup, forms, email marketing, marketing automations, CRM.
- Portia International: Offers a SaaS learning management solution for the autism and developmental delay clinical-care market.
- ProcedureFlow: Provides a visual map of complex operating procedures and information, presented by step-by-step instructions structured into small, hyperlinked flowcharts. They call themselves “the GPS of your company’s standard operations procedures.”
- Quickily: Quickily is an HR software platform targeting millennials, and allows them to use swiping left or right features (mimicking Tinder) to apply for jobs. Once filtered, the potential employer and employee can communicate through an interview messaging platform, cutting the time of recruitment.
- VigilantCS: A staff regulatory risk management platform which supports financial service firms in managing compliance and decreasing cost through automation of regulatory requirements, digitizing data, and supporting the development of conduct risk analytics.