COVID-19 Update: VisionTech Replaces April Pitch Week with Online Pitch Event
INDIANAPOLIS (April 3, 2020) – – Citing the need to protect the health of member investors and respect for the Centers for Disease Control’s guidelines on social distancing, VisionTech Angels has made the decision to replace its regular five-city “pitch week” scheduled for April 27-30 with a single virtual event. The new event, during which two startup companies will make their “pitch” for angel investors’ dollars, is set for Thursday, April 30, starting at 6 p.m.
VisionTech Angels Executive Director Ben Pidgeon says the decision to protect the well-being of the group’s 130 members and presenters via a virtual event was the right thing to do and has a silver lining. “VisionTech Angels has five distinct chapters with members spread across Indiana and Ohio. Given this, we rarely convene as one group. The April virtual pitch event gets all of us together in one place to experience the presentations and discuss the investment opportunities in real time. Given the convenience of attending in the comfort of one’s own home, I’m hopeful most if not all of our members and guests will participate.”
The Zoom meeting format will mirror VisionTech Angels’ traditional pitch events. The CEO or president of each startup company will be given 30 minutes to present and take questions. Each presentation will be followed by 15 minutes of investor discussion.
Pidgeon says the leaders of two Indianapolis-based startup companies, Jana Fuelberth of analytic.li and Haley Marie Keith of MitoMaterials, have accepted invitations to pitch. Analytic.li is a workforce optimization company that increases employers’ decision velocity to drive productivity, increase profitability and improve employees’ work experience. Mito Materials creates chemical additives for polymer composite manufacturers seeking superior performance, flexibility and durability.
The virtual event will also include an introduction to Boomerang Ventures, an Indianapolis-based venture capital firm focused on Midwest startups and investors founded by Oscar Moralez. Moralez is also the managing director of VisionTech Partners.
VisionTech Angels’ Virtual Pitch Event on April 30 is open to VisionTech Angels members and to accredited investors who would like to join the group. Those interested in participating must RSVP in advance here. Learn more on VisionTech Angels here.