StartOut and J.P. Morgan Announce New Cohort of LGBTQ+ Owned Startups For Growth Lab Accelerator
10 September 2024 - 3:02PM
Business Wire
The Growth Lab has helped 93 companies grow
since launching in 2017, helping support a total of more than 4,200
jobs
The Growth Lab Accelerator, a joint project between StartOut and
J.P. Morgan, today announced the newest selection of startups added
to the program. The five-month program provides founders with
critical access to resources for funding, networking, education and
mentorship to promote long-term growth and more equitable access to
opportunities within the current business climate.
The Growth Lab has helped 93 companies grow since launching in
2017, helping support a total of 4,216+ jobs and raising more than
$892 million in fundraising across the program’s lifetime. As the
co-lead sponsor of the program, J.P. Morgan grants Growth Lab
participants with access to the firm’s global network of experts
and resources.
“The entrepreneurs of Cohort 14 are driving innovation across a
variety of industries, demonstrating a deep understanding of the
challenges different communities and customers face, and creating
effective solutions needed to address them,” said David Barbee,
Managing Director, Head of Business Development for Capital and
Advisory Solutions and Head of LGBTQ+ initiatives for J.P. Morgan
Commercial Banking. “We are proud to provide services and resources
from the firm to help these leaders scale and achieve long-term
success.”
The companies selected to join Cohort 14 include:
- ADEii Health (Los Angeles, CA): Provides resources for
behavioral health and mental wellness treatment to school
districts, higher education institutions, community health
organizations and healthcare providers.
- Delve Deep Learning (Washington, DC): Develops AI technologies
to aid intelligence gathering within the public affairs
sector.
- Gritty in Pink (Los Angeles, CA): Hosts a digital platform to
spotlight female talent and bolster hiring across the music
industry.
- Paldara Pharmaceuticals (Stillwater, OK): Offers innovative
drug delivery technology to treat up to 99% of antibiotic-resistant
bacterial infections.
- Shimmer (San Francisco, CA): Empowers individuals with ADHD by
providing life coaching and mental wellness services.
- The Builder Market (Los Angeles, CA): Connects more than 2
million construction and home services professionals via a powerful
and proprietary new social media platform.
- The Rave (Mexico City, MX): Hosts a digital tool integrated
into e-commerce websites to provide customers with real cash
rewards upon purchases.
- Tripiamo (New York, NY): Provides international travelers with
professional, locally-verified online guides for driving
abroad.
- Voda (London, UK): Services the LGBTQ+ community with mental
health resources to support with gender and identity-specific
topics.
“Each company in this cohort is united by a shared commitment to
promoting equity, enhancing wellness and fostering innovation
within their community and at the global level,” said Brian
Richardson, CEO of StartOut. “We are excited to reach our 5th year
in partnership with J.P. Morgan and look forward to another
successful cohort of entrepreneurs.”
To learn more about the StartOut Growth Lab, including details
on the application process for the next cohort, visit:
startout.org/growth-lab
For more information on the financial solutions available to
guide business growth, visit: jpmorgan.com/commercial-banking and
to learn more about JPMorgan Chase’s commitment to the LGBTQ+
community, visit jpmorganchase.com/lgbtq
About StartOut Founded in 2009, StartOut, a national
501(c)(3) non-profit organization, is the largest national
organization to support LGBTQ+ entrepreneurs with over 28K members
nationwide. Its mission is to accelerate the growth of the LGBTQ+
community to drive its economic empowerment, building a world where
every LGBTQ+ entrepreneur has equal access to lead, succeed, and
shape the workforce of the future. StartOut helps aspiring LGBTQ+
entrepreneurs start new companies; supports current entrepreneurs
as they grow and expand their existing businesses; and engages
successful entrepreneurs as role models and mentors, on its online
portal and through targeted events nationwide. For more
information, please visit www.startout.org.
About JPMorganChase: JPMorgan Chase & Co. (NYSE: JPM)
is a leading financial services firm based in the United States of
America ("U.S."), with operations worldwide. JPMorgan Chase had
$4.1 trillion in assets and $341 billion in stockholders' equity as
of June 30, 2024. The Firm is a leader in investment banking,
financial services for consumers and small businesses, commercial
banking, financial transaction processing and asset management.
Under the J.P. Morgan and Chase brands, the Firm serves millions of
customers in the U.S., and many of the world's most prominent
corporate, institutional and government clients globally.
Information about JPMorgan Chase & Co. is available at
www.jpmorganchase.com.
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Media Contacts StartOut
Christa Kilday christa.kilday@startout.org
JPMorganChase Marguerite Ward marguerite.ward@chase.com
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