HIVE’s First Virtual Lightning Pitch-Off Recap

On April 25, 2014, HIVE hosted its first-ever virtual lightning pitch event bringing together seven Armenian-led startups to pitch to our team and Advisors. Participants, investors, and resource partners tuned in from around Yerevan, London, Los Angeles, New York, Beirut and San Francisco to watch the pitches live on Google Hangout and YouTube.

Pitching startups included:

After several months of sourcing pitches from talented Armenian entrepreneurs around the world, HIVE narrowed the list for acceleration down to these seven startups. After perfecting their pitches, each had five minutes to pitch and five minutes to answer questions and hear feedback from the panel of advisors.

Advisors are now deciding which startups will receive seed investment and acceleration from HIVE. Once the winners are selected, HIVE will match each startup founding team with at least one HIVE Advisor and begin acceleration for 6-9 months. Acceleration includes equity investment, mentorship, access to resource partners and events, and at least one demo day event at the end of the acceleration round to help portfolio companies find their next round of investment.

Stay tuned as we announce the final selectees for HIVE acceleration in the coming weeks!