Speek: A conference calling app that gets rid of PINs and phone numbers and lets you invite collaborators with a link (speek.com/yourname).PowerSupply: A weekly delivery service of paleo, mixitarian, or vegetarian ready-to-eat meals that you can pick up at local gyms and studios.Nvite: A platform for planning, attending, and engaging with other attendees at events.Riskpulse: Providers of asset maps and risk information to businesses with supply chains or logistics that are weather-dependent.SupplyHog: An online marketplace for building supplies.Seva Call: A platform that connects customers to service providers like plumbers, veterinarians, or locksmiths.
The Crystal Tech Fund is a $50 million fund managed by Singh’s Disruption Corporation, which was announced in February. They invest in post-seed startups who have traction and revenue averaging $1 million per year. The fund aims to fill the gap between seed funding and Series A investment – part of the Series A crunch – with investments of $250,000 to $1 million. As of this week, the office now has over 30 people working there, with room for the current startups to expand and newcomers to arrive. The Crystal Tech Fund plans to make over a dozen investments in the coming months. $10 million of the Crystal Tech Fund’s $50 million comes from Vornado, the second largest commercial/residential landlord in the country. Singh, a former venture partner at 500 Startups and a native Virginian, sees that startup activity and investments are increasingly happening in cities, not suburbs. In fact, 500 Startups recently expanded from Mountain View to downtown San Francisco, where they’ll hold two classes per year. As for Crystal City, it’s near the Ronald Reagan National airport and on DC’s metro line, just five stops from the District. We’re excited to announce that Tech Cocktail’s DC team will also be working out of the Crystal Tech Fund headquarters. So join us tonight as we host the Tech Cocktail Introduces the Crystal Tech Fund event from 6-9 pm! Tech Cocktail CEO Frank Gruber is an investor in Disruption Corporation through the angel group NextGenAngels.
