Dallas, TX, May 29, 2018 --(PR.com
)-- ShearShare, the pioneer in on-demand workspace for the beauty and barbering industry, will participate in Google for Entrepreneurs’ Sixth Annual Google Demo Day.
Google for Entrepreneurs, a Google program that provides financial support and the best of the company’s resources to coworking spaces and startup programs globally, announced the 11 startups selected to attend this year’s Google Demo Day at their San Francisco office on March 28th, 2018. Google Demo Day brings top startups from across North and South America to showcase their technology and pitch in front of some of Silicon Valley's top investors. This is the sixth Google Demo Day; past participating startups have gone on to raise nearly $250 million from investors and ten of those companies have been acquired by other companies.
“Innovation is alive and well across the country and around the world, not just in Silicon Valley,” said Genna McKeel, Partnerships Manager at Google for Entrepreneurs. “By showcasing some of the best startups from across the Americas at Google Demo Day, we can help these great entrepreneurs connect with leading investors to grow and accelerate their businesses.”
“We are excited to participate in this year’s Google Demo Day. Anytime you’ve been selected by Google to pitch to a room full of invite-only investors, it’s a huge honor,” said Dr. Tye Caldwell, ShearShare cofounder & CEO. “Our team looks forward to representing the great state of Texas as we showcase our vision. Our class of eleven startups is impressive and top companies in their own right. Thank you to our friends at Startup Grind for nominating our team.”
Startups are nominated by local partner organizations within the Google for Entrepreneurs Partner Network. The nominated startups submitted an application to provide deeper insights into their company, funding and key metrics to demonstrate traction. The 11 chosen startups were selected based on the strength of the team, execution, traction and their growth potential.
At the Demo Day event, each founder will have four minutes to pitch, followed by a brief Q+A from the judging panel. At the end of the event, judges will declare a Judges' Favorite. The investor audience will also vote for their favorite in the “People’s Choice” award.
To be eligible, startups must meet the following criteria:
Must be legally incorporated and headquartered in North America or South America.
Must have raised at least $100,000.
Must be seeking to actively raise $1M-$5M within 6 months of the event.
Must have demonstrated traction through funding raised, revenue, customer growth, etc.
Many Demo Day alumni have gone on to raise significant funds as a result of connections made at the event. Last week, 2016 Demo Day participant SPLT, a Detroit-based transportation management platform founded by female entrepreneur Anya Babbitt, was acquired by Bosch, a company that she first met while at the Demo Day event.
ShearShare, Tech Co’s 2016 Startup of the Year, is the first global marketplace that allows salon and barbershop owners to rent their excess suites and booths to licensed cosmetologists and barbers by the day. The ShearShare mobile platform gives owners a chance to make efficient use of their excess space by providing independent stylists short-term access based on a time and price that’s convenient for them. Launched in September 2016 by Dr. Tye and Courtney Caldwell, ShearShare currently serves beauty and barbering professionals in more than 350 cities and 11 countries. For more information, visit ShearShare.com. To join the ShearShare community on Instagram, Facebook or Twitter, follow @ShearShare.