Well4Tech this week announced the third cohort of businesses participating in its boot camp scheduled for next month, featuring 12 women-owned technology startups hoping to grow their firms.
Well4Tech Bootcamp, a business accelerator program that first launched in May 2022, is set to host its third boot camp and demo day next month. For this round, organizers invited a dozen women-owned startups hoping to advance their proof of concepts and expand the markets they operate in.
This year’s participating companies are: Encapsulate, with COO & co-founder Leila Daneshmandi; Gals Bio Ltd, with inventor, founder & CEO Hilla Shaviv; RadGreen, with CEO Sigalit Mutzafi; Cubtale Inc., with co-founder Selin Tamer; Wellbit, with co-founder Milica Spuzic; Empowered Together, with founder Sarah Spear; Libbie Health Inc., with founder Colette Ellis; Parallel Profile, with CEO Cathy Cather; It’s July, with co-founder & CEO Tamar Liberman; 6Degrees, with co-founder & CEO Miri Berger; Wide Therapy, with co-founder Rinat Hitelman; and TaraCares Global, with founder and CEO Jyoti Sharma.
According to organizers, the women-owned businesses were selected as a way to “shift the tides” in funding for female-led startups. According to recent data from Techcrunch.com, U.S. startups with all-women teams received 1.9%, or about $4.5 billion, of the roughly $238.3 billion in venture capital allocated in 2022. That number is a drop from the 2.4% of venture capital money all-women teams raised in 2021.
Last year, the Bridge Healing Arts Center in Farmington hosted its first Well4Tech Bootcamp in collaboration with Arieli Capital, a U.S. and Israeli holding and investment company. The first cohort of startups, with a focus on physical therapy and mental health fields, participated in the inaugural boot camp last May.
As part of the boot camp, participating companies will take part in a weeklong investor and mentorship program in Darien, Farmington, New Haven and Stamford. The companies will present during a “demo day” on Thursday, June 15, at the Bridge Healing Arts Center in Farmington.
