AngelPad, the startup accelerator program founded back in 2010 by ex-Googler and investor Thomas Korte, held its fifth ever Demo Day at its downtown San Francisco headquarters today. The twelve startups that comprised AngelPad’s Fall 2012 class each took the stage to give their snappiest three-minute pitches to a very packed room full of the industry’s most prominent investors.
A bit about the program: AngelPad provides startups with ten weeks full of mentorship from industry veterans that covers all aspects of launching a company along with $20,000 in initial funding to help founders get their products off the ground in the best way possible.
So far, Korte tells us, the 62 total startups that have passed through AngelPad’s program over the past two years have seen some good traction as well as follow-on funding, which is the way that incubators and accelerators tend to measure success. Eight of the 11 startups who graduated out of AngelPad’s Spring 2012 class raised additional funding, and those eight took on a total of $12.5 million.
We were able to pull Korte aside at Demo Day today for a brief talk about AngelPad’s growth overall as well as what trends he’s seeing with this latest batch of startups. You can watch our entire interview along with scenes from the very busy event in the video embedded above (complete with cameo from his wife and business partner Carine Magescas, who ran into the room to grab a business card for an investor — first things first!)
One especially interesting point he made is that this new class is characterized by a stronger focus on revenue-generating applications, such as things with an enterprise bent. Mobile-first consumer apps, for example, took more of a back seat in AngelPad’s Fall 2012 batch, he said.
Without further ado, in the order in which they presented today, here are the 12 companies that made up the AngelPad Fall 2012 class:
AngelPad is a mentorship program founded by ex-Googlers Thomas Korte to help web and mobile technology startups build better products, attract additional funding and ultimately grow more successful businesses. AngelPad provides founders with funding, mentorship and the chance to work alongside other great founders.
Thomas Korte is an angel investor and advisor to early-stage internet startups and the founded AngelPad, a startup incubator in San Francisco. Prior, Thomas worked at Google for 7 years. His roles there included International Product Marketing Manager, European Search Agency Business Lead and most recently Google Evangelist. He is the co-author of several patents related to improving efficiencies in search advertising and local search results.