Meet the four startups that pitched at accelerators' first Demo day

folarin okunola

June 24, 2015 5:43 PM

Four startups pitched in front of venture capitalists, angel investors and the media at iDEA’s very first Demo Day held at its Yaba-based Lagos centre last saturday.

iDEA is a mentor-led accelerator programme admitting two cohorts per-year with centres in Lagos and Calabar.

The four startups — Afrobus, Hutbay, Nerve and Verge — had gone through iDEA’s 4-month accelerator programme consisting of 3 modules (Design, Build, Pitch), designed to help startups launch and grow market share.

The Startups are:

Afrobus

This startup enables travellers book bus tickets from bus operators through their website or call centre. An interesting side to Afrobus is its white-label Enterprise Resource Planning (ERP) system for inter-city transport operators in Nigeria.

Hutbay

Their proposition is hassle-free property search with information to help make informed decisions.

Nerve

Nerve developed “a unified digital content distribution system for Africa” called Nerveflo. Nerveflo is similar to iTunes or Amazon Digital, however it’s an API driven platform on which is built a cross platform market place for digital content with a focus on academic, religious and literary content from Africa.

Verge

Verge’s middleware, an analytical layer pulls and syncs data from leading POS solutions in the market to their cloud platform; which provides the business owners and others in-depth overview of the entire business enabling the business owner to monitor and keep track of critical business components.

iDEA is a mentor-led accelerator programme admitting two cohorts per-year with centres in Lagos and Calabar. The hub is currently accepting applications for the next cohort of startups into its accelerator program.

folarin okunola