Diverse Group of Entrepreneurs Supported by JPMorgan Chase, Simkins Family Foundation and Dell for Startups Project Major Growth in 2024
Miami, FL, June 26, 2024—Endeavor Miami proudly announces the selection of its EndeavorLAB Cohort for Black Founders, a group of ten dynamic and diverse businesses poised to significantly impact their respective industries and the broader entrepreneurial landscape. This milestone initiative underscores Endeavor Miami’s commitment to fostering inclusive entrepreneurship and supporting the growth of high-impact ventures. This initiative is part of a grant with JPMorgan Chase, with Simkins Family Foundation and Dell for Startups as the other main partners.
Led by a mix of seasoned veterans and eager newcomers, the ten selected businesses have a total of 14 co-founders, with 4 companies being led by serial entrepreneurs, while 6 are led by those embarking on their first venture.
Industry-wise, the cohort spans enterprise SaaS, retail and consumer tech, healthcare, fintech, EdTech, and infrastructure. The companies are on average 3 years old and currently employ 43 people, with a median of 3 employees per company.
On the financing front, 4 of these companies are fully bootstrapped, while the remaining 6 have secured various forms of external capital, ranging from friends and family to venture capital, having raised nearly $11M collectively.
In 2023, these businesses generated a combined revenue of $3.2M, and looking ahead, they are projecting to generate an impressive combined revenue of $20M in 2024.
“We are thrilled to welcome this talented group of entrepreneurs into our network,” said Claudia Duran, Regional Managing Director for North America and Endeavor Miami. “The diversity and potential of this cohort are truly inspiring, and we are excited to support their journeys as they scale and achieve significant impact in their industries.”
The selected businesses will benefit from Endeavor Miami’s comprehensive support services, including access to a local network of mentors and strategic guidance. Endeavor Miami aims to catalyze economic growth and drive innovation in the entrepreneurial ecosystem by fostering these high-impact entrepreneurs.
Below is a full list of the EndeavorLAB Black Founders Cohort:
Access Built: Access Built is a platform that connects owners of residential and commercial property with adaptive design build resources.
Backpac Inc: Backpac is an intelligent RPC load-balancing solution, empowering enterprises to scale blockchain data access seamlessly across networks. Their RPC gateway efficiently distributes RPC requests among multiple node providers, ensuring reliability, scalability, and cost savings for businesses.
CourMed®: CourMed is A Private Client Health Services Company.
Gaya: Gaya enables insurance professionals to quickly and intelligently transfer data across all forms, static or web.
Kazmaleje: KAZMALEJE (cos-mol-o-gy) is a Miami-based company started by the Stirrup Sisters – LaToya, LaTasha & LaTrice – to reinvent the wash day experience by creating innovative, lifestyle-amplifying hair tools and accessories that cater to the needs of the textured hair community.
OppZo: OppZo is an AI Lending and payments platform for small and medium sized federal government contractors.
Path: Path helps people build the lives they deserve through their careers. Their AI-powered skills trainer and career coach equip users with the guidance and advice necessary to achieve their goals.
Tatch: Tatch is revolutionizing asset management with Carter, an AI-powered employee that collaborates with you on investor relations and client service tasks. With Carter as your co-pilot and Tatch’s human experts handling complex work, you can deliver unparalleled end-to-end support.
Trove Managed: Trove is an AI-enabled platform that simplifies building, managing, and scaling e-commerce brands.
Veba Baby: Veba Baby has created the world’s first baby bottle monitor that tracks the expiration of breast milk and formula in real time – adjusting expiration based on data from the WHO & CDC. Veba gives parents peace of mind, knowing their babies are getting the best nutrition possible at home or on the go.
