Virtual Accelerator Propel has announced the eight companies that make up its Fall 2024 Traction and Growth cohort.
Traction and Growth is for later-stage founders who have proven recurring revenue and appear poised to become high-growth companies.
“With the industry's challenges of keeping up with rapidly growing demand, it's no surprise to see a number of strong industrial and construction tech companies joining this season's cohort,” said Propel Coach Richard Jones in a statement.
Propel works with over 100 startups each year to validate product/market fit, find repeat customers and raise financing. Propel’s dedicated virtual coaching approach allows founders to easily access coaching, content and mentors from around the world, the group said.
This cohort includes:
AIM - Asset Intelligence Management Inc.
Province: New Brunswick
Founder: Mark Smyth
AIM offers a mobile fleet tracking tool purposely designed for the construction and mining industries to help streamline data entry and provide insightful metrics to increase fleet performance.
Province: New Brunswick
Founder: Dylan Hubble
ClimaTech Innovations provides turnkey solutions for businesses to meet their climate action goals through carbon footprint analysis, forest preservation, and restoration projects. Their approach is simple, tangible, and accessible.
Province: New Brunswick
Founders: Victor Evans / Alexander Bakulev
e-WorkSAFE Inc. is a software company incorporated in 2020, focusing on providing solutions to enhance workplace safety compliance, particularly in the electrical safety domain. Their flagship product, e-WorkSafe, offers a comprehensive platform that automates electrical job safety programs and plans, facilitating regulatory compliance for businesses of all sizes.
Province: Nova Scotia
Founder: Purushothaman Cannane
Greenii invented semi-automatic machines to swiftly upcycle old newspapers, magazines, brochures, flyers into paper bags without any pulping or bleaching processes. Itsmachines can produce 500 paper bags per hour. These upcycled paper bags help capture carbon emissions, save trees, reduce pollution, reduce what’s going to landfill and provide local employment.
Province: Nova Scotia
Founder: Lucie Quigley
Gutter Saver PRO is a durable, innovative tool designed to protect gutters from ladder damage. Ideal for both professionals and DIY users, it transfers weight to the fascia, ensuring safety and preventing costly repairs.
Province: Nova Scotia
Founders: Brian Burton / Sarah Fraser
INSTINCT Dog Behavior & Training leverages science-backed methods, AI-driven insights, and personalized care to prevent and solve complex dog behavior challenges.
Pique Innovations Inc. (DBA Construction AI)
Province: Nova Scotia
Founders: Jeff Graham / Stephen Nestmann
Construction AI automates project planning and estimating, using machine learning to convert 2D PDFs into 3D models, reducing errors and boosting efficiency, while also enabling smarter, faster, future proof construction processes.
Province: Newfoundland and Labrador
Founder: Daniel Genest
Steady Innovation Corporation, founded in 2019, specializes in developing software solutions for the home repair sector. Its flagship product, FixDen, connects homeowners with vetted tradespeople, providing a seamless, transparent, and secure platform for managing home repairs through features like instant messaging, legal contracts, and predetermined pricing.
To benefit from Propel programs, founders are encouraged to apply here.
