Techstars has had a busy October with at least one demo day per week. The latest, the Atlanta cohort assembled with the assistance of partner Cox (full roster here). There were two fintech companies pitching, Toronto’s Treasure and Seattle-based Arrived Homes both tackling big problems with the always exciting direct-to-consumer model. Check out their 3-minute pitches below.
Treasure
Description: Digital bank for kids (with debit card)
Business model: Direct-to-consumer
HQ: Toronto, Canada
Founders:
– Matt O’Leary, CEO
– Aron Jones, CTO
Status: In private beta, launching in Canada Nov. 26 (2020) with USA next year
Company links: Website | Twitter | Angel List | Crunchbase | LinkedIn
Arrived
Description: Platform for investing in equity shares of rental homes
Business model: Direct-to-consumer
HQ: Seattle, WA
Founders:
– Ryan Frazier, CEO
– Kenny Cason, CTO
– Alejandro Chouza, COO
Raised: Unknown
Status: First 2 properties are live, with “large credit limit” secured to buy more properties
Traction:
– 2,000 person waitlist
– First 2 homes are on the platform (with projected returns of about 10%), and are oversubscribed by 50 investors
Press:
– Geekwire (22 Oct 2020)
Company links: Website | Twitter | Angel List | Crunchbase
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