MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.

Cait Brumme

Acting CEO

Siobhan Dullea

CEO

Kiki Mills Johnston

Managing Director, Boston

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Project Management

Capitis Solutions

Non Equity Assistance in 2024
Capitis Solutions is an information technology consulting firm based in Maryland, specializing in providing IT solutions that emphasize application security compliance, cloud-native architecture, and IoT/predictive analytics. The company is recognized as a small disadvantaged business and focuses on delivering cost-effective and reliable services with fast turnaround times. Capitis offers automated compliance scans and continuous monitoring of system configurations, assisting clients in modernizing legacy systems. They have established partnerships with major cloud providers such as AWS and Red Hat, enabling them to implement advanced solutions like microservices for both greenfield and brownfield applications.

Powerhouse

Non Equity Assistance in 2023
Powerhouse, LLC is a Kansas-based company specializing in market research, sports marketing, style guide development, and trademark licensing. It operates from Overland Park, Kansas. Meanwhile, Powerhouse Retail Services, LLC, founded in 1996 and located in Crowley, Texas, offers a comprehensive range of national construction services and facility maintenance. Their services encompass remodels, multi-unit programs, tenant improvements, project management, and a variety of facility maintenance activities, including landscaping, snow removal, and emergency services. The company also provides rollout services such as digital branding and specialty fixtures. Powerhouse Retail Services utilizes advanced technology and project management software to enhance operational efficiency and improve brand presence for its clients. Continuous improvement and sustainable practices are central to their business model, ensuring high-quality service and customer satisfaction.

Matidor.com

Non Equity Assistance in 2021
Matidor is a geospatial collaboration platform that helps you organize projects on a live-updating map with easy visualization, team collaboration, and management. More consultancies, project managers, and field workers now choose to use Matidor to manage their projects over spreadsheets because it leads to higher productivity and client satisfaction. Our key features to help companies stay on top of their daily workflow include a centralized dashboard showing budgets, cost reports, files & historical details. In addition, our detailed site maps & user-friendly GIS tools help eliminate collaboration hurdles between departments, improve operational efficiency, and business development effectiveness. Matidor’s map-based interface uniquely meets the needs of field companies: tasks and information relating to a physical location can be readily seen understood by both technical and business audiences due to this interface. Matidor doesn’t require the long training cycle of other industry-specific systems, and an unlimited user model opens the door to viral growth. Stickiness is built-in through historical data storage and the aforementioned network effect.

Cybrik

Non Equity Assistance in 2021
Cybrik aims to revolutionize the engineering and construction industry, which faces challenges such as poor project outcomes, stagnant productivity, and escalating costs. The company focuses on digital transformation by creating innovative tools and methodologies that provide project teams with timely and relevant information, facilitating quicker decision-making. Cybrik offers a range of services including data strategy, process optimization, artificial intelligence implementation, and product development, tailored to meet specific organizational needs. Additionally, it provides an intelligence platform designed to deliver insights that help eliminate rework, ultimately enhancing project delivery and improving competitiveness in a $13.5 trillion industry.

Emerging Technology Ventures

Non Equity Assistance in 2020
Emerging Technology Ventures serves government and commercial customers with products, solutions, management, and services. They offer design, prototyping, and testing services while also providing contract management, administrative services, facilities, and logistics support services.

Hakkiri

Non Equity Assistance in 2020
Empowering software organizations with our Continuous Clarity Engine™ to deliver products with speed and predictability.

Lukkap

Non Equity Assistance in 2019
Lukkap is an innovative company that, through their different business units, they want to contribute to transform the future. Impacting people and companies, the Lukkap team works daily to influence their environment and leave a better legacy to society. Since thei beginnings they have directed and developed numerous projects of organizational transformation at a multisectoral level. They also have extensive experience in more than 80 countries, through which thei customers can be served, globally, according to their strategic needs.

Mindool

Grant in 2017
Mindool is a communication tool designed to enhance collaboration and idea management among large groups. It addresses the challenges of chaotic and unstructured human communication, offering a structured platform for users to collect and evaluate contributions. Mindool is particularly useful for strategic reviews, virtual workshops, polling, and scheduling meetings. With features that prioritize control, privacy, and transparency, the tool enables effective communication and collaboration among users, regardless of their location or time zone. Its functionality supports groups of varying sizes, with the largest Mindool accommodating over 100 users.

WeTrack

Grant in 2016
WeTrack is a developer of cloud-based project management software tailored for managing large events and complex projects. Its platform integrates objective and tasking systems alongside a risk and issues register, allowing users to access essential tools anytime, anywhere, and on any device. This flexibility enhances operational efficiency for clients by leveraging digital products designed to streamline project management processes.

HighSkillPro

Grant in 2015
HighSkillPro is an online marketplace that connects businesses with vetted service providers for one-off projects across various categories, including graphic design, HR, IT, and industry expertise. The platform allows businesses to post projects at no cost, receive proposals from service providers, and collaborate securely while ensuring safe payment through its SafePay Guarantee. Additionally, HighSkillPro offers professionals the chance to promote their skills, connect with clients, and engage in intellectually stimulating and financially rewarding projects. The platform also features a Refer & Earn program, enabling users to earn rewards by referring colleagues, experts, and clients to the network.

TACTIC Race Solutions

Grant in 2014
RaceHQ is a first-of-its-kind cloud-based project management, collaboration, task management and market hub tool for the highly-fragmented participatory event industry. RaceHQ was developed specifically for event managers to operate more efficiently and execute quality events within budget. Replacing the clipboard and yellow notepad, RaceHQ allows event managers to easily take control of their events online ensuring nothing slips through the cracks.

CJR Business Solutions

Grant in 2011
CJR Business Solutions is a general software-consulting firm. They started working with small businesses to streamline processes, optimize database implementations and redesign landing pages. CJR was part of MassChallenge startup accelerator program in the summer of 2010, and emerged with its current business focus in Lean Development and Consulting. The company specializes in building products people actually use: by following agile development practices, their customers are involved in every step of the process. They are strong believers in Lean practices as advanced by Eric Reis, Steve Blank and others. They believe in building Minimum Viable Products that allow their customers to get meaningful feedback from their users. They have learned a lot about building web applications in the last 3 years. One of their core competencies is in web services. Using RESTful endpoints to clearly delineate the model, view and controller they are able to create extensible, maintainable products for their customers. they specialize in Microsoft SQL Server and C# on the back end. On the front end they interface with C# endpoints which allows us to be view-agnostic. They build iOS, Android, Windows Phone, and, of course, web applications.

TaskPoint

Grant in 2010
TaskPoint is an online project management and collaboration software designed to enhance the efficiency of project management for small and medium-sized businesses. Launched in October 2009 as PMP HQ, TaskPoint offers a user-friendly platform that includes integrated features such as issue tracking, multiple version control options, and visual tools like calendars and Gantt charts to help users manage projects effectively. Serving customers across the USA, UK, and EU, TaskPoint caters to a diverse range of industries and is positioned for significant growth as businesses increasingly allocate a larger portion of their tech budgets to online software solutions. Recognized as one of the top web project management tools, TaskPoint aims to facilitate seamless collaboration and improve project outcomes.
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