GEN 03 / FALL 2018
Food.net was founded with the vision of solving the food waste problem in Armenia and the Caucasus region. It will serve as a platform for catering companies, restaurants, and other vendors to sell their surplus food at a reduced price to potential customers. Before entering the EPIC Fall 2018 batch, Food.net was accepted into the Impact Hub Fellowship and Repat Armenia Startup Incubator programs, in addition it participated in the Sevan Startup Summit, Abovyan Startup Boomerang, and Startup Boost Weekend.
DD wants to implement drone delivery services to Armenian businesses. This will reduce delivery time and expenses for businesses. Each drone station covers 10 kilometers in diameter and there are 3 types of package deliveries ordered by weight.
Rido aims to be the first platform in Armenia that will connect private car owners with people who want to rent cars. The owners of cars will be able to list their services and customers will be able to compare, book, and rate services. Rido aims to provide a 30% cost savings compared to comparable options in market. The three co-founders have 5+ years of experience in their respective fields, including time at the Microsoft Innovation Center and with Hewlett Packard Enterprise, and have already started software development.
RenderChain will help people who are specialized in 3D graphics, visual effects (VFX), film-making, animation, and motion graphics get their software-made products into video faster and with less expense by creating a marketplace of available excess computing resources. There will be two different user types associated with their blockchain-based, peer-to-peer system: Render Requestors, who are users that submit render projects toRenderChain, and PC Providers, who are users that rent out their idle computing resources to complete these projects. Render projects will be collected worldwide and then divided amongst the available resources, ultimately sending the rendered videos to the cloud.
On average, editing a film takes 3-4 months, 80% of that time spent on technical editing and the remaining 20% on creative editing and decision making. Edwise is working to give filmmakers more time for creative editing by automating the most routine technical tasks through artificial intelligence - continuity editing, color correction, correct ordering, and cutting shots. Currently, the team is conducting market research and using raw footage of films as data to run the algorithms. Before Edwise, one of the founders was accepted to the Harvard Crossroads Summer Program affiliated with Harvard Business School. The other founder developed a system of minimal logic of predicates and has presented his findings at many universities, most notably Stockholm University.
Research shows that 1 out of every 10 cows dies because of health problems that are not discovered on time. The Cow.net device will be the first monitoring device in this region’s livestock industry, and will track cows’ body temperature, heart rate, oxygen level in blood, calorie level, and other variables, thus exposing health problems as soon as the symptoms appear. Founder Sargis Keveyan developed this idea after opening up his innovation center in Gavar, Armenia. He spent time with farmers throughout the region and noticed the need for innovation in Armenia’s livestock and agriculture industry. The team placed third in the Startup Boost Weekend competition and is currently planning on testing a prototype.
FinAssist is a centralized portal where people will be able to apply for financial products, such as auto-loans, from multiple financial institutions simultaneously. The institutions will either accept or deny the customer’s applications, and the customer will have a dashboard of all accepted offers to filter and ultimately make a decision of which to choose. The 3 co-founder’s developed the concept for FinAssist due to a lack of information, transparency, and internet banking solutions in Armenia’s banking industry. The co-founders each have over 10 years of experience in the banking industry. Currently, there are initial agreements in place with 6 financial institutions and ongoing negotiations with others.
BeautyBook is a mobile booking system that helps clients schedule an appointment at a salon or beauty parlor. It aims to make the exploration of salons and the booking process more efficient for users, while also providing salons a comprehensive CRM toolkit and improve the quality of their services. Salons will be the test market for BeautyBook. With success, the team aims to expand into other markets and retail (B2C) segments.
Filmmakers frequently run into two capital issues - human and financial. Creatr hopes to solve both of these through their platform. It is challenging to find opportunities in the early stages of a film career, and Creatr aims be a bridge between script writers, directors, actors, camera crews, and others. Once a team has formed and completed their project, they’ll be able to connect with investors and sponsors to implement their project. Currently, this is mostly done through social media, which has proved to be ineffective.
GEN 02 / FALL 2017
AdvPortal is a portal created for the advertising industry. The joint portal allows advertisers, companies, poster installers, and poster-printing companies to meet in one place and work together. AdvPortal helps companies to save money and time. The startup has the potential to become a successful and profitable business in Armenia and abroad. In February 2018, the team was accepted to Armenia Startup Academy pre-accelerator program.
The FiAll application helps consumers to set up notifications for products offered online and save time for searching products. The competitive advantage of the startup is contained in three important “F”-s: Free, Fast and Focused.
Wakeup is a smart alarm coffee maker which makes coffee for the user, waking them up and making sure that they are awake. This machine, created and designed by four bright individuals, will prevent people from falling asleep and the coffee will act as an incentive not to fall asleep again.
SHE(FF) is an online network connecting women with diverse talents and crafts with people who value the art of homemade and handmade unique products. SHE(FF) provides a platform where the craftswomen share their work. Anyone interested in these products can find, choose and order with a few clicks, thus making supplier-customer relationship easier. In short, SHE(FF) is a platform created by women to support women.
AgriDrone is a versatile platform designed for automated precision agriculture. The startup helps villagers to deliver chemicals to plants and crops in an inexpensive, and precise way. AgriDrone will be the first to introduce autonomous spraying UAV to the Armenian market. Team members have background and experience in engineering and hardware development.
LocoTech solves the problem of resource waste using automation, thus allowing agricultural companies, individual farmers, and town municipalities to automate irrigation systems. The system is based on soil humidity levels and provides worldwide monitoring and system management, regardless of the customer's physical location.
Retail-IT is a web-application created for the business-to-business market in Armenia -- serving as an intermediary between shops and individuals who offer various types of products to shops. The application gives opportunity for the shops to have visualized products on the web-page as well as to choose the best option from a variety of products offered by different retailers. The team, which consists of two individuals, have decided to concentrate initially on the automobile industry.
GEN 01 / SPRING 2017
Breedge is a cloud-based SaaS platform that helps companies to reach, assess and hire the right students for their companies; they also help to ensure the right culture and environment for each student's needs. Through the Breedge platform, company-student communication can become fast, simple and more efficient. The founders believe that company culture is the most important factor for successful hiring. This is why they are developing a model to match candidates with companies based on how well student personalities blend with the company's culture. The Breedge team now consists of 6 members.
Bookoholics is a location-based matching platform for book lovers. Bookoholics is directed to finding a companion for the user that will be a perfect fit to topics they want to talk about. The application and the web page take on the awkward moment of initiating a conversation with someone in the user’s immediate vicinity and also adds a twist to events by matching the individual with strangers, who have the same book preferences.
OnQuark is a revolutionary system for companies to communicate with customers. It is represented in the form of SDK, which can be embedded inside the mobile apps and websites. OnQuark creates a personalized chat experience between the customers and business owners - unifying an ecosystem of tools that work together to provide a better user experience, effectiveness, and efficiency. It combines data from social networks, mobile apps and websites to have a complete picture which will lead to better support and make it easier to get back to the customers. The platform is modular, hence it can be integrated into any social network and in-house built company tools.
Currencii, as the name implies, is an online platform that allows exchanging money without going to a bank or currency exchange office. With the help of Currencii, it is possible to exchange money by using the platform regardless of time, location, or the amount of money. The application not only helps to save time by reducing paperwork, bank queues, and the frustration of exchanging money, but also helps to save money, as the commission fee of Currencii will be approximately 6 times lower than the commission fee offered at most banks. Currently, the founder of the startup is in Latvia going through a Fintech program of a Startup Wise Guys accelerator.
TaxiBus is an innovative way of shared transportation that is both affordable and comfortable. TaxiBus offers shared transportation service in Yerevan. The order is placed through the application which then chooses the closest 5 orders sharing a similar route. A single driver takes them from their pickup points to their destination. Initially, the five members of this startup designed the roots by themselves, however, after some time the application will be automated.
Vito provides assistance in predicting personal stock market dynamics. It is a simple, comprehensive mobile advisor, notifying about potential changes in stock trends based on social media. It is backed up by a reliable news processor API, which analyses major news outlets. Vito helps users to minimize their stock monitoring time.
Rate my Hood
Rate my Hood provides a personalized approach to choosing a home that fits the buyer’s or renter’s needs. This real estate listings aggregator allows users to get a rating or suitability score on a listing based on their needs or profile (parent, student, bachelor, etc.). Rating and suitability score takes into account nearby points of interest within a user’s defined walking time, driving time, cycling time, etc.