Industry: TechHub Incubator Location: Providence, RI Funding Stage: Seed to $10 million
Some of the best places to find start-up companies to invest in are not in New York, London or Silicon Valley. Savvy investors are increasingly looking for their next opportunities in underserved markets like Providence, RI, where a new tech ecosystem is already showing promising signs.
RIHub is a not-for-profit incubator for technology startups. The government-funded program provides mentoring, educational programs, access to a shared workspace and networking opportunities to connect investors and entrepreneurs.
Annette Tonti, managing director of RIHub tells us why it is Rhode Island’s turn to shine in tech innovation. She’s joined by entrepreneurs Trisha Ballakur and Maggie Bachenberg, co-founders of Pointz. The two are recent graduates of the RIHub experience and found their first investor through the program, Tom Sperry of Rouge Venture Partners, who also joins us. Sperry’s company finds great startups in less saturated markets where access to capital is often less and valuations more down-to-earth.
Rouge Venture Partners