June 06, 2023
FG Labs’ startups will participate in FG Labs 12 week accelerator program, which includes hands-on sessions for maximum impact on sales, marketing, growth hacks, fundraising, and Mentor Madness sessions to meet with top executives, investors, and others in tech for constructive feedback. The value add is that FG Labs will test the market for each startup to receive feedback from the press, partners, etc., before presenting to investors. A virtual Demo Day is the culmination of the accelerator, where each founder will pitch their companies to investors in attendance.
FG Ventures is the bridge to help founders develop fundamentally strong businesses from idea through IPO. Some firms make this claim, but we have a track record, capital instruments, and experience to get it done. This cohort includes a diverse group of founders, with 50% female and minority-led.
Setting the Stage: Introducing FG Labs and the Path to Startup Success
In today’s fast-paced tech landscape, many startups find themselves facing barriers when attempting to reach global goals, particularly when it comes to accessing resources and opportunities in Silicon Valley. Recognizing this challenge, FG Ventures is proud to unveil FG Labs, a premier accelerator designed to identify and support ambitious founders who are shaping industries in fintech, consumer, enterprise, insurance tech, and other software verticals. With a strong focus on helping startups become global category kings, FG Labs aims to provide the necessary resources, expertise, and investor network to propel these companies towards success.
Driving Innovation and Growth
FG Labs’ core mission is to drive innovation and growth by nurturing startups that have the potential to become industry leaders on a global scale. By providing access to invaluable resources and mentorship, FG Labs equips founders with the necessary tools to refine their strategies, establish market traction, and secure vital funding. Through a rigorous selection process, FG Labs identifies startups with groundbreaking ideas, disruptive technologies, and the drive to dominate their respective sectors.
Unveiling the Premier Cohort
On May 19th, 2023, FG Labs proudly showcased its inaugural cohort during an electrifying Demo Day. The event provided a platform for the cohort startups to demonstrate their innovative solutions and vision to a distinguished audience of investors, industry experts, and fellow entrepreneurs. With each participating startup poised to disrupt their respective sectors, the Demo Day marked a significant milestone for FG Labs and a testament to the potential of the selected companies.
Watch the Demo Day here.
A Launch Pad for Success
FG Labs aims to be the launch pad that propels these innovative companies to become industry category kings. By providing a comprehensive support system, FG Labs empowers founders to navigate the challenges of scaling their businesses and becoming global leaders. Through mentorship, strategic guidance, and access to a robust investor network, FG Labs is committed to fostering the growth and success of its cohort companies.
“This was a monumental day for FG Labs and all the founders in attendance. We are thrilled to be the launch pad that helps these innovative companies become the next category kings,” he said, underscoring the mission and vision of FG Labs. – Derek Distenfield, Founding Partner and Managing Director of FG Ventures
FG Labs Paving the Way for Global Startup Dominance
With the launch of FG Labs, FG Ventures has positioned itself as a catalyst for the success of startups aiming to dominate global markets. By combining the strengths of a proven investor network, entrepreneurial expertise, and growth hacks,
FG Labs offers an accelerator program that empowers founders to refine their strategies, drive traction, and secure the funding needed to scale. As FG Labs continues to identify and nurture the winners of tomorrow, it stands at the forefront of empowering startups to become global category kings in the ever-evolving tech landscape.
With the first cohort wrapping up, the FG Labs team is thrilled with the hard work and dedication each of these companies put in.
Ten diverse startups from various industries, such as SaaS, fintech, web3, metaverse, AI and social platforms, gathered together for the first successful FG Labs demo day.
FG Labs partnered with the Wefunder company Capitalize to launch this platform for accredited investors to invest in FG Labs’ portfolio for as little as $500. You can review the page here.
Read on to learn more about what these fascinating companies from cohort 1 are bringing to the global market.
Vocalogic is an AI-assisted sales enablement Procure to Pay SaaS platform for IT MSPs. Launched in January 2023, Logic provides AI for customer modeling and product and service marketing without any configuration required for the end user.
Learn more here.
Plotabl is a proprietary platform and subscription-based marketplace offering global brands scalable ownership to monetize and maintain brand control. Partnering with the Adventure Rings Omniverse experiences, Plotabl gives metaverse owners the ability to provide unique and immersive high-resolution experiences to their users that can be monetized virtually and in the real world.
Learn more here.
MerlinTPS provides a backup to GPS and additional benefits to location and tracking applications. Merlin’s Terrestrial Positioning System acts as a backup or direct GPS replacement. While other timing and positioning solutions require expensive broadcast equipment, Merlin TPS provides resilient timing and resilient and verified positioning without cameras or satellites.
Learn more here.
Damn Right Cocktails is the first organic, ready-to-drink, canned tequila cocktail. Developed with 100% agave tequila, USDA organic, vegan, and gluten-free with 100-130 calories per can, Damn Right is made for the modern woman.
Learn more here.
Camping Tools is a social platform and app designed to plan and journal all of your camping experiences. Users can organize their trip, create lists, document the trip, write private journal entries, shoot media, add friends, and collaborate with groups.
Learn more here.
Kite Financial is a lightweight solution transforming the day-to-day financial needs of Africans, with or without the internet, by giving them access to bank, trade, and pay bills anywhere. Kite Financial uses US dollar cards backed by stablecoins.
Their solution is funded only by crypto, allowing users to remit to family members. By creating beneficiaries to cards, it allows for payments and withdrawals and acceptable as payment method on Kite p2p.
Learn more here.
Complete Home Risk Prevention or CHRP is an AI-enabled loss prevention platform to reduce preventable home insurance losses and improve the homeowner experience.
Learn more here.
SaveChain is a web3 wallet that works like a banking app for the globally underbanked. Operating as a multi-currency self-custody wallet, SaveChain integrates with your bank account and uses web3 rails to provide people in developing countries with a US-bank-level service and experience.
Learn more here.
Opalink is a social platform with an on-premises business model that allows restaurants and users to interact and seamlessly gift food and drinks to friends. The platform creates unique guest experiences in a fun, social, and convenient manner using family and friends interactions.
Learn more here.
Omni is an AI-generated grocery shopping list maker. Users must type a sentence about what they want, and Omni creates a shopping list with the best deals to improve the customer experience, increase profit margins and lead to higher eco-sustainability with less waste.
Learn more here.
