LEAPIN Digital Keys will be joining one other international team from Jerusalem, and 8 US based companies in the 10 week program starting on September 4th. 27 startups have gone through the 10x program and have collectively raised over $9.4 million in follow on funding, including one exit.
“This time last year, we had just graduated from the ANZ Innovyz START accelerator program in Adelaide,” says Steve Dunn, CEO and Co-Founder. “Although ANZ Innovyz Start had a strong mentor network, we want to be in a place where we have a lot of opportunities to partner with and or licence with some larger companies which we might not have had access to back in Australia”.
LEAPIN Digital Keys is a smartphone-enabled access control system and a replacement for keycard systems, and the traditional lock and key. Using the LEAPIN Digital Keys app, time-sensitive Digital Keys can be created in seconds and sent to anyone via sms or email. ‘Our product is perfect for sharing economy companies like Airbnb or even car sharing companies’ said Mr Dunn. “The ‘sharing economy’, worth over 32 billion in the USA, just doesn’t exist in Australia, so it makes sense for our company to be on the ground in the USA where everybody understands what we are all about”.
The 10x program takes 10 startups for 10 weeks and seeds them with $20,000 in seed funding, office space, and a strong mentor network of over 100. The class will “graduate” at the end of 10 weeks with an investor day held in Columbus.
10x has been specifically designed for entrepreneurs of disruptive technologies like Digital Keys and is based on the latest practices of lean startups and groundbreaking research from Ohio State University.
With access to over 100 mentors including Angel Investors, industry decision makers, Venture Capitalists, and thought leaders, LEAPIN hopes to use the program to carry out further development and trials, and to raise capital.
About 10xelerator Program
Managed by Founders Factory, 10x is a collaborative effort among Ohio’s New Entrepreneurs (ONE) Fund, TechColumbus, The Ohio State University, Columbus 2020 and other like-minded community organizations committed to leveraging their experience, expertise and influence to grow profitable businesses. The 10x program is located opposite the Ohio State University. Ohio State is the third largest University Campus in the United States.
LEAPIN Digital Keys
An award winning company based on the Gold Coast, LEAPIN is a security and mobile applications company that lets you make your phone your keys and leap in! LEAPIN a graduate of the ANZ Innovyz START Accelerator Program, and a member of the Microsoft Bizspark Program.
Steve Dunn, CEO/Co-Founder
P: +61 478 102 137