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.
Pointz is a mobile mapping application that assists bike and scooter riders in navigating safe routes within urban environments. The app employs a proprietary routing algorithm that prioritizes paths on a distinctive 'quiet network' composed of residential side streets, protected bike lanes, and other bike-friendly roads. By leveraging both road data and crowdsourced information, Pointz enables users to find low-stress and low-traffic routes, enhancing their overall riding experience in cities.
Shuttle Central
Non Equity Assistance in 2021
Shuttle Central operates an online mobility and transportation platform designed to assist travel companies in enhancing their revenue by providing airport shuttle and car rental services as add-ons for their customers. By integrating local transportation services into a single platform, Shuttle Central offers the necessary technology to streamline the booking process and improve the overall travel experience. This innovative approach allows travel companies to generate additional revenue, potentially increasing their earnings by up to 15% per transaction. The platform aims to facilitate seamless mobility for travelers, making it easier for them to navigate their journeys around the world.
AD Knight
Non Equity Assistance in 2020
A.D. Knight focuses on enhancing the safety of pedestrians and vulnerable road users through innovative technology that utilizes mobile phones and connected devices for passive data collection. By prioritizing user privacy, the company provides municipalities, road operators, and asset owners with tools to prevent accidents and manage traffic effectively. Their solutions deliver real-time traffic safety alerts to various road users, including pedestrians and those using micro-mobility options. A.D. Knight's technology is particularly valuable in low-light environments, allowing for better detection and protection of individuals, ultimately contributing to safer urban environments for walking, jogging, riding, and driving.
Nevomo
Non Equity Assistance in 2019
Nevomo is a pioneering company focused on developing advanced High-Speed Railways (HSR) using magnetic levitation, linear motor technology, and autonomous control systems. It is unique in its approach to gradually introducing Hyperloop-inspired solutions to the railway industry, through its patented magrail technology. This technology enables the modernization of conventional railway lines to achieve speeds of up to 300 kph (186 mph) and 415 kph (258 mph) on upgraded HSR lines, while maintaining the functionality of existing rail systems. Furthermore, the magrail system can transition into a hyperrail vacuum system, potentially reaching speeds of 600 kph (373 mph) and 1000 kph (621 mph). The company estimates that the capital expenditure for retrofitting existing railway infrastructure to magrail standards is comparable to highway construction, significantly lower than traditional HSR line costs. Additionally, the energy and maintenance costs associated with the magrail system are expected to be lower than those of conventional HSR systems. Founded in 2017, Nevomo has secured substantial funding and established partnerships with notable firms, while its research team includes experts with extensive experience in high-speed railway systems.
goUrban
Non Equity Assistance in 2018
GoUrban operates as a comprehensive mobility platform designed to enhance the management and efficiency of various transportation options, including cars, scooters, and mopeds. By offering a system that allows operators to streamline their operations, GoUrban focuses on optimizing fleet performance and minimizing unnecessary costs. The company specializes in providing affordable electric vehicle rental services, featuring compact, fully electric scooters that can be parked in diverse locations. This flexibility increases fleet availability and improves customer experiences while promoting sustainability by reducing CO2 emissions and optimizing parking space utilization. Overall, GoUrban aims to deliver safe, convenient, and eco-friendly transportation solutions for modern urban mobility needs.
Tunnll
Non Equity Assistance in 2018
Tunnll offers an app that allows users to order a bus at the price of a regular bus ticket.
Tuverl
Non Equity Assistance in 2018
Tuverl is an application focused on enhancing public transportation accessibility and affordability for commuters in Africa, beginning with Zimbabwe. It provides two mobile applications: the Commuter App, which allows users to track intracity buses and minibuses in real-time, book intercity trips, hail taxis on demand, and make payments through local fintech solutions, and the Operator App, designed for public transport operators. The Operator App enables drivers and operators to broadcast vehicle locations, manage fleets, and process digital fares, ultimately increasing commuter numbers and reducing wasted resources. By leveraging cloud computing, data analytics, geolocation, fintech, and machine learning, Tuverl aims to transform public transport while promoting Sustainable Development Goal 11, which focuses on sustainable cities and communities. Through its innovative approach, Tuverl seeks to improve urban mobility and support the development of smart, resilient communities across African nations.
RouteValet
Non Equity Assistance in 2018
RouteValet specializes in developing advanced route planning technology designed for mobility companies. Its innovative platform combines various transportation options, including both public and private transit, to provide users with the fastest and most cost-effective routes to their destinations. The company's goal is to license this technology to transportation providers and establish a mobility marketplace. RouteValet has garnered recognition for its achievements, winning awards from MassChallenge and international competitions sponsored by major corporations. Furthermore, its multimodal algorithms have been reviewed and funded by the Israel Innovation Authority. A successful paid proof of concept conducted in Japan demonstrated the effectiveness of RouteValet's solutions, enabling commuters to save an average of one hour per day and increasing user satisfaction with their transit options by 26%.
Wheels Social
Grant in 2017
Wheels is the social network of Sustainable Mobility that allows you to share trips in private vehicles, taxi services or bicycle plans, to go to the university, work, home or wherever you want.
UMo - Urban Mobility
Grant in 2017
UMo is an information technology company. They reduce private car use while increasing the use of sustainable urban mobility; walking, cycling, public transport, and carpooling. They track transportation behavior using mobile devices, IoT networks, city data, and 3rd parties.
CITY TRANSFORMER
Non Equity Assistance in 2016
CITY TRANSFORMER is a revolutionary automotive company that developed a patented mechanism of a shape-shifting car’s chassis. This mechanism enabled the company to create a two-seater electric mini vehicle that could change its width while driving, transforming from a fast balanced width of 1.4m that can run 90km/h on open roads to a width of 1m that can maneuver smoothly like a motorcycle through heavy traffic and park easily in spaces where other mini cars unable to use. CITY TRANSFORMER's vision is to reclaim cities back to people and remove big size cars out of the urban areas. Compared to an average full-sized electric vehicle, City Transformer is at least X2 more energy efficient, 75% smaller in weight and footprint and saves 80% in battery weight. City Transformer has the smallest environmental and physical footprint possible for an effective and practical urban vehicle.
Found In Translation
Grant in 2014
Found in Translation carries out its mission though a 12-week Medical Interpreter Certificate program. The course is offered at no charge to eligible women and includes common-sense supports such as on-site childcare, transportation assistance, and mentoring. Hands-on Job Skills and Financial Literacy education is integrated into the program to help women to achieve new professional and economic heights. Medical Interpreters have a median annual wage of $43,380 and can expect 42.2% job opportunity growth by 2020 (Source: Bureau of Labor Statistics)
Autowale
Grant in 2013
AutoWale offers a 24x7 Dial-an-Auto-Rickshaw service in Pune. The company’s vision is to make commute system better and reliable - not by putting more vehicles on roads. Instead, by re-using existing infrastructure in a more optimized way. Offering radio-auto-rickshaw service is company’s first step towards this vision, as we see auto-rickshaws as nerve of commute system, especially in cities like Pune.
HelmetHub
Grant in 2012
HelmetHub make helmet rental possible. They build kiosks and software that allows riders to rent helmets when and where they rent bikes.
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.