L-SPARK announces four SaaS startups joining fall 2018 cohort

L-SPARK has announced that four new SaaS startups have joined its fall 2018 cohort.

The companies were chosen after a SaaS roadshow, which took the L-SPARK accelerator team across Canada. “This cohort demonstrates our expanded focus and our attraction of deep tech companies,” said Leo Lax, the executive managing director of L-SPARK. “AlphaKinetic, led by two female founders, is one example. Each of the companies will work with our team for the next six months to increase their revenues 10 times and become global leaders in today’s SaaS industry.”

The four companies joining L-SPARK include:

  • AideXpress, an online economy sharing company that connects self-employed workers/caregivers to potential customers. Through AideXpress, self-employed people offer their services and clients find the assistance they need.
  • AlphaKinetic, which provides accessible and affordable brain rehabilitation tools for individuals suffering from a concussion. Their platform pairs with a portable EEG system and a cell phone or tablet to provide real-time information about cognitive and physical health. AlphaKinetic’s advanced analytics highlight areas that can be improved and provide prescriptive rehabilitation tools that can be used from home.
  • Brokrete, which targets the concrete industry with a real-time ordering app for Apple and Android. The company has developed an application that transforms the way contractors order and manage ready-mix concrete and a software for concrete suppliers to manage deliveries.
  • Wavve, a mobile application designed for the recreational boater. Removing the anxiety of navigating on the water by answering the question of where to go, Wavve offers a simple and innovative platform available on all Apple devices. Within the app experience, boaters and sailors find themselves navigating with confidence, finding their friends easily, and contributing their knowledge.
  • “The level of innovation, ingenuity, perseverance and enthusiasm we’ve seen during the technical reviews for this new cohort is remarkable,” said Rob Menard, former CTO of Pathfinder Maps and Mentor at L-SPARK. “I’m really impressed with the level of difficulty of the problems these founders are solving, and it’s great to meet the personalities behind these endeavours.”