Innovation Catalyst

Innovation Catalyst is a nonprofit venture development organization based in Baton Rouge, Louisiana, dedicated to enhancing the state's entrepreneurial ecosystem. Formed by community leaders, the organization focuses on fostering high-tech company formation by providing coaching, connections, and access to capital. It collaborates with existing resources throughout Louisiana to identify and engage with entrepreneurs, offering education and support to help accelerate their business ventures. Through these efforts, Innovation Catalyst aims to strengthen and broaden the landscape for startups in the region, particularly in the Baton Rouge area.

Bill Ellison

CEO

Louis Freeman

CEO

Past deals in Louisiana

MasteryPrep

Series A in 2019
MasteryPrep, established in 2013 and headquartered in Baton Rouge, Louisiana, specializes in college and career readiness programs tailored to meet the specific needs and schedules of its client schools. The company focuses on supporting students scoring below an ACT score of 18 through its comprehensive preparation program. Additionally, MasteryPrep offers professional development services for educators and administrators to enhance their ability to improve standardized test outcomes within their schools.

MobileQubes

Seed Round in 2018
MobileQubes Inc., established in 2013 and headquartered in New Orleans, Louisiana, specializes in providing on-the-go charging solutions for smartphone and tablet users. The company operates self-service kiosks installed in high-traffic locations such as airports, hotels, hospitals, and sports venues. These kiosks allow users to rent or purchase external battery packs, known as 'Qubes', to charge their devices conveniently while away from power outlets. MobileQubes also offers its products for sale online.

ASAP (formerly Waitr)

Convertible Note in 2017
ASAP is an app based restaurant platform that connects restaurants and guests. Guests scroll restaurant menus, customize an order, modify any item, add people to a group order, split the check, choose delivery or carryout, and with the push of a button, have an order in their hands. ASAP has transformed the way restaurants reach people & the way people choose restaurants. The ASAP delivery team & on-demand delivery platform differentiates itself from the pack by being built by hospitality professionals for hospitality professionals. ASAP (formerly known as Waitr) began in late 2013 and started in Chris Meaux's home office and moved into the SEED Center, a Lake Charles, Louisiana business incubator near McNeese State University's campus on Ryan Street. In late 2015, by the end of the first year of operations, 57,000 food delivery orders had been placed on the Waitr app. That was when the decision was made by then CEO Chris Meaux to begin to amp up the digital marketing & operations efforts in addition to the engineering and administrative efforts to guide the company. In marketing, Patrick Hardey was added to the team to take over founder Addison Killebrew's marketing role alongside Katie Davis & Chloe Friend. For operations, Matt Sarradet, Charity Grandchampt, and Crystal Day were hired. As they grew quickly, several months into 2016 their first acquisition took place when they bought GoGoGrocer and then a competitor called Requested out of Northern California founded by San Francisco's Jeff Bolante, & Sacramento's Sonny Mayugba, two seasoned marketing veterans who dropped out of Facebook's Global Marketing Team responsible for developing and growing the Facebook Blueprint. With Sonny Mayugba and Jeff Bolante at the helm in combination with an already successful marketing effort they were able to mentor Patrick Hardey into becoming a customer acquisition professional on Facebook rapidly, which was alluded to by CEO Chris Meaux in a 2017 YouTube video. Some time later Patrick Hardey spearheaded an internal business unit embedded in the marketing department called Partner Marketing (premium digital marketing service), and also cofounded the Waitr Impact corporate social responsibility program after a pitch to executives and board members, and afterward was invited to join the operations stewardship council. Subsequently, through their teamwork with operations, HR, sales, and service they posted a 20%+ month-to-month growth rate average for roughly 3 consecutive years before going public through a strategic partner in the world's wealthiest restauranteur who was impressed with their ability to bring in and keep customers happy on the B2B and B2C fronts. Through a SPAC led by Tilman Fertitta (who is the Billion Dollar Buyer (CNBC), owner of Landry's, the Houston Rockets (NBA), and the entire Golden Nugget casino resort franchise) they exited onto the Nasdaq in November 2018 at $308M, Louisiana history's largest tech exit valuation, and the world's second publicly traded food delivery company beating Uber to the public markets.

PatentDive

Seed Round in 2017
PatentDive, Inc. is a company based in New Orleans, Louisiana, that specializes in developing visual patent drafting software aimed at enhancing communication in the patent process. Founded in 2013, the company offers tools for assisted invention disclosure and rapid patent drafting, enabling users to effectively translate their ideas into patent applications. Its software features a visual interface that simplifies complex concepts, making it accessible for a wide range of users, including patent professionals, inventors, entrepreneurs, and educational institutions. Additionally, PatentDive incorporates gamified elements into its application to facilitate understanding of patent education, helping users make informed decisions throughout the patenting process.

MasteryPrep

Seed Round in 2017
MasteryPrep, established in 2013 and headquartered in Baton Rouge, Louisiana, specializes in college and career readiness programs tailored to meet the specific needs and schedules of its client schools. The company focuses on supporting students scoring below an ACT score of 18 through its comprehensive preparation program. Additionally, MasteryPrep offers professional development services for educators and administrators to enhance their ability to improve standardized test outcomes within their schools.

ASAP (formerly Waitr)

Seed Round in 2016
ASAP is an app based restaurant platform that connects restaurants and guests. Guests scroll restaurant menus, customize an order, modify any item, add people to a group order, split the check, choose delivery or carryout, and with the push of a button, have an order in their hands. ASAP has transformed the way restaurants reach people & the way people choose restaurants. The ASAP delivery team & on-demand delivery platform differentiates itself from the pack by being built by hospitality professionals for hospitality professionals. ASAP (formerly known as Waitr) began in late 2013 and started in Chris Meaux's home office and moved into the SEED Center, a Lake Charles, Louisiana business incubator near McNeese State University's campus on Ryan Street. In late 2015, by the end of the first year of operations, 57,000 food delivery orders had been placed on the Waitr app. That was when the decision was made by then CEO Chris Meaux to begin to amp up the digital marketing & operations efforts in addition to the engineering and administrative efforts to guide the company. In marketing, Patrick Hardey was added to the team to take over founder Addison Killebrew's marketing role alongside Katie Davis & Chloe Friend. For operations, Matt Sarradet, Charity Grandchampt, and Crystal Day were hired. As they grew quickly, several months into 2016 their first acquisition took place when they bought GoGoGrocer and then a competitor called Requested out of Northern California founded by San Francisco's Jeff Bolante, & Sacramento's Sonny Mayugba, two seasoned marketing veterans who dropped out of Facebook's Global Marketing Team responsible for developing and growing the Facebook Blueprint. With Sonny Mayugba and Jeff Bolante at the helm in combination with an already successful marketing effort they were able to mentor Patrick Hardey into becoming a customer acquisition professional on Facebook rapidly, which was alluded to by CEO Chris Meaux in a 2017 YouTube video. Some time later Patrick Hardey spearheaded an internal business unit embedded in the marketing department called Partner Marketing (premium digital marketing service), and also cofounded the Waitr Impact corporate social responsibility program after a pitch to executives and board members, and afterward was invited to join the operations stewardship council. Subsequently, through their teamwork with operations, HR, sales, and service they posted a 20%+ month-to-month growth rate average for roughly 3 consecutive years before going public through a strategic partner in the world's wealthiest restauranteur who was impressed with their ability to bring in and keep customers happy on the B2B and B2C fronts. Through a SPAC led by Tilman Fertitta (who is the Billion Dollar Buyer (CNBC), owner of Landry's, the Houston Rockets (NBA), and the entire Golden Nugget casino resort franchise) they exited onto the Nasdaq in November 2018 at $308M, Louisiana history's largest tech exit valuation, and the world's second publicly traded food delivery company beating Uber to the public markets.

MobileQubes

Convertible Note in 2016
MobileQubes Inc., established in 2013 and headquartered in New Orleans, Louisiana, specializes in providing on-the-go charging solutions for smartphone and tablet users. The company operates self-service kiosks installed in high-traffic locations such as airports, hotels, hospitals, and sports venues. These kiosks allow users to rent or purchase external battery packs, known as 'Qubes', to charge their devices conveniently while away from power outlets. MobileQubes also offers its products for sale online.

MobileQubes

Convertible Note in 2015
MobileQubes Inc., established in 2013 and headquartered in New Orleans, Louisiana, specializes in providing on-the-go charging solutions for smartphone and tablet users. The company operates self-service kiosks installed in high-traffic locations such as airports, hotels, hospitals, and sports venues. These kiosks allow users to rent or purchase external battery packs, known as 'Qubes', to charge their devices conveniently while away from power outlets. MobileQubes also offers its products for sale online.

Dinner Lab

Series A in 2015
Dinner Lab is a membership-based dining club that connects undiscovered chefs with adventurous diners seeking unique culinary experiences beyond traditional restaurants. Founded in 2011 and headquartered in New Orleans, Louisiana, the company hosts events in unconventional venues, such as rooftops, industrial spaces, and various creative locations. By focusing on the combination of good people, quality food, and enjoyable drinks, Dinner Lab aims to create memorable meals that foster social interaction and exploration of diverse cuisines.

MasteryPrep

Funding Round in 2015
MasteryPrep, established in 2013 and headquartered in Baton Rouge, Louisiana, specializes in college and career readiness programs tailored to meet the specific needs and schedules of its client schools. The company focuses on supporting students scoring below an ACT score of 18 through its comprehensive preparation program. Additionally, MasteryPrep offers professional development services for educators and administrators to enhance their ability to improve standardized test outcomes within their schools.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.