According to new research from the Boston Consulting Group, closing the gender funding pay gap for entrepreneurs could pay off for the economy. The study says startups founded or co-founded by women generated 10 percent higher cumulative revenue over a five-year period compared with startups founded by men. But in 2018, woman-founded companies averaged $935,000 [...]
Initiatives that make up the U.S. startup economy may be small in scale, but they are large in number, increasingly diverse, and widely dispersed. Given the startup slump the economy has been experiencing during the past few years, we set out to identify where in the country entrepreneurs might find the best conditions for growing their [...]
PayIt, an alumnus of the inaugural Pure Pitch Rally cohort in 2016, parlayed its perfected pitch into a sizeable investment. Insight Partners, a New York-based venture capital and private equity firm, provided a capital injection of more than $100 million in March 2019. PayIt, led by CEO John Thompson, is a govtech solution [...]
TicketRx announced its sale to an Overland Park, Kan., company less than two years after pitching at the 2017 Pure Pitch Rally. The mobile app makes it easier for out-of-state commercial drivers to clear up citations by pairing them with local attorneys. It was acquired by MSTS, a global payments and credit solutions [...]