In the last three months, Dreamit Ventures NYC has been working with 12 startups, who are at varying industries and varying stages in their business. Some are just rolling out their beta and coming in contact with their customers. Meanwhile, others have been running their companies for some time now and already with paying customers.
“We’ve seen some companies make great strives to the point where they’ve got their download ratios, who are new, for as high as 20%,” says Andrew Ackerman, Managing Director, who began leading the program last year.
But all share a common theme, which is passion in their product with their customers’ needs in mind.
Three months of getting to know their business, listening to industry mentors speak about topics they need to know, and lots and lots of practice with pitching and speaking to investors has all led to the big day… Demo day.
“It’s been interesting and challenging being able to help all these companies… all make it to the next milestone, whatever that may be in their case,” says Ackerman.