500 Startups has announced Courtney Powell as its new Chief Operations Officer.
“Our mission is to invest in world-class founders and create thriving ecosystems all over the world. In addition to a global commitment, I’ve come home to 500 because their commitment to diversity and inclusion on both sides of the founder/investor table has been sincere and evident since my time in Batch 4 back in 2012.
"My experience founding companies and raising money as a female, and young mother outside of Silicon Valley, opened my eyes to the adversity many face when doing the same. 500 was a beacon of hope to me as a founder, and now, I’m ecstatic to join 500 in bringing opportunity to great founders all over the world," added the new Chief Operations Officer.
500 Startups has to date invested in 2,200 startups across 21 global funds. The firm is present in 20 locations and its investments spans to more than 76 countries.
Over the past three months, companies from 12 countries have participated in 500 Startups' flagship seed accelerator programme, building their companies and preparing for Demo Day on August 22nd. Some of the participants include:
- Dispatchr: Dispatchr provides a suite of adaptive cloud and mobile services – integrating geospatial big data and predictive AI – to help utilities and other infrastructure providers proactively build resiliency into their physical infrastructure and related systems, avoiding human catastrophe and costly outages.
- Eino.ai: An AI platform that produces meaningful predictive and historical insights on localized population movement and their intention in urban areas for enterprise business users.
- Nanogrid: Building advanced cost calculation technology that enables home energy companies to ensure their customers get the most value out of their products.
- Rovilus: Developing safe and reliable battery packs for industrial vehicles and light electric aircraft.
- Visionful: Connecting smart cities and autonomous vehicles leveraging AI and computer vision to provide full automation for parking and traffic monitoring
Courtney Powell is a ‘Batch 4’ founder of 500 Startups and former CEO of American-based consumer customer experience technology firm PublikDemand. She served as head of corporate development at Keller Williams, an international real estate firm.
Powell mandate is to help 500 Startups to expand its global presence by entering into new business lines and regional markets.
Powell commented: “I share 500’s most sacred belief that talent exists everywhere, but opportunity does not."
Watch the video below to learn more about the programmes and services offered by 500 Startups