by Jason Parker — March 5, 2018 GREENSBORO – At last week’s Capital Connects pitch contest in Greensboro, local company Fluree PBC took home top honors and the $10,000 prize. Five of the seven companies selected to compete in the pitch contest are based in North Carolina.
Its HQ in Winston-Salem, Fluree PBC is public benefit corporation that currently has more than 300 customers beta testing their FlureeDB blockchain database, including Fortune 500 companies and bootstrapped startups. “Every business collaborates with other businesses,” said Brian Platz, co-founder and co-CEO, “Blockchain will be at the core of every business.” (Triad serial entrepreneur Flip Filipowski is the co-CEO and co-founder.) There’s a lot of interest in blockchain technology, said Platz, but investor curiosity is typically focused on cryptocurrency applications. Fluree has a different focus: to disrupt and enhance how businesses work with each other and build trust through the sharing of information.
“This is going to be a really transformational technology,” said Platz, “We made the case why blockchain technology will be so disruptive in the way businesses interact with each other.” The company took top honors and $10,000 in prize money. Fluree PBC is actively seeking investors, said Platz, and is particularly interested in identifying angel investors based in North Carolina that are interested in helping the company continue to grow locally as it develops products that help them achieve their mission.
Bobbie Shrivastav, co-founder and CEO of Docsmore, is among one of Fluree’s beta users. Docsmore and Fluree PBC both operate out of Flywheel in Winston-Salem, and both were selected to pitch to investors at the Capital Connects event.
Docsmore, a cloud-based end-to-end document management platform, recently won a local 2017 Better Business Bureau Innovation Award and has more than 40 clients, doubling in the past three months. Shrivastav plans to raise as much as $1.1 million to fuel the growth of the company. Read more from wraltechwire.com…
thumbnail courtesy of wraltechwire.com