St. Louis Tech Startup Report

7/28/2019 St. Louis Tech Startup Report

1/17

St. LouiStech Startup

reporthln s, , n lk f

ns ss n S. Ls n


2/17

This ept is an attempt t ve as mpletely as pssible the gwth and veall stats the tehnlgy stat

landsape in St. Lis, as yea end 2012. The ept is based entiely n iginal data epted by the me tha

250 statps that ITEN has taked sine 2008.

ITEN aeleates teh statps with pgams apid pdt develpment, nnetins t talent, essential

netwking, and aess t nding. Designed by entepenes entepenes, eqiing neithe payment n e

ITEN is a niqe mmnity asset bilding a new lte innvatin in St. Lis and beynd. ITEN an be n

the web at www.itenstl.g and @itenstl n twitte.

a ts r

a iteN


3/17

St. Ls Te Strt Rert

INTroDucTIoN

tl f cnns

By Jim BRaSunaS ExEcuTivE DiREcToR, iTEn

ITEN is vey pleased

t pesent the 2012

Teh Statp reptt the mmnity,

highlighting the

explsive gwth

ding 2012 in the Geate St. Lis

egins teh statp esystem.

This ept pvides imptant data and insights abt

whats happened, hw we gt hee, and whee wee ging.

It is a vey exiting jney that is still in its ealy stages.

as ll see te rert, $30 ll ws

ested St. Ls-re te dels 2012.

This is in additin t $40 millin that had been pt

int deals ding 2009-2011, ading t ITENs

data. We als wld nte that nding St. Lis

teh ventes is aeleating, ming m bth

existing invests, new invests and eently

established invest gps.

Bed ttrtg resg estets,

re te strt es St. Ls re

eterg t st-grwt de, rtered

b grwg reee s well s ql ddg

ew elees. The impat evene gwth

and emplyee gwth is jst beginning t be elt in

the egin, and we antiipate that the ae

ing gwth these metis will sn be ma

mateial impat n the enmy the eg

Te grwt St. Ls strt te se

s bee rerble, d 2012 ws te resse er et. Stll, jr lle

re. In spite the emegene new

vehiles, many wthy deals ae hallenge

ing seed apital and A rnd nding. This

age bemes me and me ate as the

and vlme the deals pded in the te

t gws. We need t nd sltins t this

Send, as the egins teh mpanies g

expand, we need t nd ways t attat an

the talent that these new mpanies need

has eently been named the astest gw

teh jbs. Thats a eal hn and als a

ams: we need t make se teh talent is a

t el the gwth teh mpanies. A sa

talent is ptentially as hallenging t st

esystems sess as a saity apit

igredets r cted Ses

Thee ae seveal things we an lean m the s

statps in the ities. oe s te eed t dee

greter llbrt betwee r-rft d t

rft rgts te strt se. Eah p

nmbe essential les. The missins and bjet

bth inteests align mst the time, bt asina

ae instanes when they dnt align. In thse times

imptant that the inteests the entepene ae

nsideed, bease at the e evey sess

t Ss n S. Ls:t S f rn

nTRoDucTion

xEcuTivE SummaRykEy TREnDS

hE companiES

05

08

10

ThE monEy

hiRinG anDJoB GRoWTh

appEnDix

20

24

28


4/17

St. Ls Te Strt Rert St. Ls Te Strt Rert

INTroDucTIoNINTroDucTIoN

system ae seial entepenes. Seial entepenes

e key t the egins ability t lean hw t eate s-

ssl new ventes.

cpate invlvement is itial. We lk wad t

easing patiipatin m the St. Lis pate m-

nity, and ae beginning t see geate inteest m

tablished mpanies in hw St. Lis teh statps an

enet them. Thei le is imptant as ealy adptes

ally gwn tehnlgy innvatins, ptential aqies

teh statps, and as a se and destinatin the

ented wke needed by bth statps and estab-

hed mpanies.

o aeas nivesities ae als vital t the sess e statp mmnity, as a se tehnlgy innva-

ns, talented gadates and inspiatinal sppt and

llabatin. With a ntining dediatin m all paties

lse llabatin t expand and impve the teh

system, St. Lis has an pptnity t eate a new

lte innvatin and lk wad t a bighte te.

w We Gt here

hile this ept ses n 2012, it is wthwhile t

ane bak a mment at the ndatins that have en-

bled eent gwth. Witht these ndatinal ets,

ent pgess wld nt have been pssible.

The Missi Vente Fm was an ealy pvide

nnetins entepenes and invests, and the

vestMidwest Vente capital Fm and the St. Lis

h Angels have been sppting seleted high-gwth

atps sine the ealy 2000s, althgh pimaily in lie

ienes and medial devie tehnlgy. In 2003, the

ehnlgy Entepene cente (TEc) established the

st IT-sed inbat in the egin, pding mpel-

g teh mpanies SlieHst, Glbal Velity and thes.

Innvate St. Lis was med in 2007 and lanhed

fagship menting pgam, the Vente Menting

evie (IVMS). Based pn an MIT menting pgam,

MS was a pinee in eing inbat-qality ment-

g witht the need a eal estate mpnent. unde

e same Innvate St. Lis mbella, ITEN was med

in 2008, thanks in a vey lage pat t the sppt the

Missi Tehnlgy cpatin (MTc). ITENs mdel

didnt eqie an inbat and in sing n teh mpa-

nies, leveaged the gwing biqity high-speed Intenet

aess. The need teh mpanies t be llated with

thei seve aay had gne away, and stat p mpanies

wee eed p t be anywhee.

ITENs missin has been tw-ld: st t be the ata-

lyst the emegene a vibant statp esystem that

geneates geat teh statps; send, t identiy gaps in

the esystem and nd ways t addess thse deien-

ies, thgh events, pgams, the innvatins, the

enagement patnes wh an pvide the neededelements.

In thse ealy days, lal teh entepenes had a bleak

ntin St. Lis. Many them elt they wee the nly

teh statp in twn, thee was n sppt them in the

mmnity, and t nd invests theyd eventally have

t g t the west ast. The invests we nneted with

in thse days had a peditably simila view: thee wee

n inteesting teh deals in St. Lis and they nd thei

deals thgh elatinships with invest gps m the

west ast. S bth wee ight, bt nly bease they

weent nneted with eah the.

In thse ealy days 2008 and 2009, ITEN sed

n bilding thse nnetins that thewise wldnt

have existed. We sed a mbinatin pbli and p i-

vate events as well as tying t hat what was ging n

and wh needed what n a hge exel speadsheet. T

eally bild a mmnity, thgh, we sn needed men-

ts. We lked individals wh ndestd the teh

statp landsape and/ ld pvide immediate vale

t entepenes needing advie and dietin. Mst the

ments weve bght in ae seial entepenes, teh

invests and thes ently wking in the teh spae

with small, medim lage-sale entepises. They have

expetise ass the bad, nt jst in ding and big data

appliatins bt als maketing, sales, nane, peatins,

legal and the speialized needs.

Nea the end 2009, we lanhed the Mk Angel

pgam, whih pepaes mst pmising ventes

invest disssins. The ment gp ailiated with this

pgam inldes a nmbe invests, seial entepe-

nes and nanial expets amilia with valatin isses

statps. This pgam has been vey infential in the

mmnity and has pded many the mpanies

that ae gaining geat tatin tday. While we dnt edit

all thei sess t patiipatin in this pgam, thee

is nanims ageement amng the gadates Mk

Angels that it has been geat vale t them. We an

pdly say that abt thee qates Mk Angel gad-

ates have eeived tside nding.

This ineasing qality deal fw pvided pptnities

invests, and in the last ple yeas weve wit-nessed nt nly heightened inteest m t he Ah Angels

in teh deals, bt als the nding capital Innva-

ts in 2011, FinSeve Teh Angels, and new investment

pgams m Ah Gants and cltivatin capital in ealy

2012. Simltanes with the nding capital Innva-

ts, T-rex pened its ds, pviding adable ie

spae speially new teh statps. T-rex is a hge

sess sty with ve 40 mpanies n tw fs the

railway Exhange bilding dwntwn.

Thees n denying that with the advent new playes in

the teh esystem, sme jstling banding spae has

ed, bt the veahing spiit llabatin and

peatin has aied the day, and is a eal hallmak

whats ight with the statp mmnity in St. Lis. ITEN

wks vey lsely with all the ganizatins mentined,

elebating thei sesses as indiatins the veall

health the mmnity. Many the statps n Tp

Ten lists in this ept have benetted geatly m the sp-

pt ne and ten tw thee these gps.

F example, Ybds, Aisle411, Mltiewae,

Nsecp, Fd Essentials, Lkedme and thes ae

emeging sess sties that a nmbe ganizatins

have helped. T qte a amilia saying, It takes a village.

A eent efetin that llabatin is the l anh the

AeleateStLis website, enabling sta tps ass all

indsty sets t be egnized.

Lets end by ming bak t nmbe ne piity,

and thats the entepene and he his visin, dedia-

tin, and team. Witht the entepene, invests,

and vente develpment ganizatins ae all sele

a mmnity, we need t egnize that egins

depends pn the sess the pinees wh ae

ing the sessl new high-gwth ventes. And a

mmnity embaes entepeneship as a nda

element what St. Lis mst beme, I believe w

shwn that given geat entepenes (whih we hav

llabative and gwing sppt esystem a

aeleate and mltiply many times ve the mm

impat and ptential sess these new ventes

A ew wds abt the data pesented in this ep

Nne the data is m senday ses, bt all dietly m the 250+ statps that pa tiipate ha

patiipated in ITEN and have vlnteeed t shae

inmatin with s. Theee, ept ves as

pletely as pssible the ttal nmbe teh statps

egin. We believe this stdy inldes me than 80%

the high-gwth teh statps in the egin. Inlded

mpanies that have jined ITEN sine inepti

2008. Sme vey ntable mpanies that wee n

bee that time, sh as Appisty, Exegy, Glbal Ve

and thes, while smetimes nsideed statps by

es, ae nt inlded in stdy. And nally, a lt ha

pened sine the end 2012, and in sme ases i w

Tp Ten lists tday thee wld be hanges. In m

ases mpanies wld mve p the list bease

ntining sesses int 2013, bt as wed expet,

ae a ple that wld be mving dwn.

Please enjy the pgess we ept heein. Feel

qte extat any the inmatin m the ep

nly ask that y eeene ITEN as the se.

Hees t mmnitys ntined sess.

Jim


5/17

SEcTIoN TITLE

St. Ls Te Strt Rert

executiveSummary /Key treNdS

The St. Lis teh statp mmnity

has eahed a state itial mass,

and is pised ntining gwth.The esystem teh statps in the St. Lis egin, whih

has been nde develpment yeas, has taken m t.

Me new teh mpanies than eve ae being nded in St.

Lis. Jst as imptant, they ae nding nding and talent in

the egin. And sme mpanies ae beginning t nd exits

thgh aqisitin. Within ITEN, thee ae nw me than 250

statps that nt themselves as membes -- a nmbe that

has dbled in less than tw yeas.

St. Ls te strts e ess t better

resres t te e d t te te

st. Aess t mney and emplyee talent ae

tw the mst vital ats t eling statp ex-

pansin. ove the last tw t thee yeas in pa ti-

la, St. Lis has seen a signiant inease in the

nmbe ganizatins sed n helping teh

statps thgh gants, nding, edatin and

aess t eses. A list these ganizatins

an be nd in the Appendix. Many these new

ets ae deived m intensive and nging l-

labatin amng pbli and pivate entities ass

the St. Lis metplitan aea.

iestrs, bt sde d tsde St. Ls,

re g sgftl re ttet t St.

Ls te strts. In 2012, thee wee seveal

St. Lis-based, nn-pivate set ganizatins

that invested in St. Lis teh statps. Many

these gps did nt exist me than tw yeas ag.

Nealy all these gps ae gwing and

ing thei membeship.

Te st jrt St. Ls te str t

ded b re tes. Well ve 70 pe

the mpanies sveyed this ept weby natives the St. Lis Met egin, in

the Met East. retaining and nting h

gwn talent has been a pi ity tpi am

and bsiness leades yeas. Me th

ae passinate, ambitis and diven t e

bsiness idea deam ae hsing t h

deam in St. Lis.

mre etrereers r tsde St.

re strtg d eeg ter e

t. While St. Lis natives shw well am

mpanies, mst the mpanies in the I

Tp 10 inlde ndes wh wee nt bn

Lis. Even s, thee is still wk t be d

attat me entepenes t get them t b

thei peatins hee, and the statistis sh

it is happening. The egins nivesities an

eently Ah Gants ae playing imptant

attating tside entepenes.

St. Ls te strts re derse. They

nd ass indsty segments and s

dieent pdts and sevies. St. Lis te

ps e sltins in IT, healthae, mbile

tial/manating, gaming, sial media,

and lean enegy teh, spts, and me.

K tns n S. Lst S cn


6/17

St. Ls Te Strt Rert

thecompaNieS

Ealie this yea, ITEN pblished its

Tp Ten, Next Ten, and Fast Ten lists

mpanies.o Tp lists seek t egnize and elebate thse ealy

stage teh ventes that ae getting the mst tatin, mst

likely t beme a lasting sess, and mst likely t make

signiant ntibtins t the St. Lis egins enmi

pspeity thgh the gwth well-paying jbs, and

wealth eatin the ndes and invests.

Any yadstik is likely t av sme mpanies ve th-

es, and inmplete data m sme makes it diilt t get

an aate view thei pgess. o lists mpanies

ae sbjet t these hallenges and althgh weve made

evey et t eate a level playing eld, methd

eating lists is inevitably ging t ewad ne at the

expense anthe.

F T Te and net Te lists, as well as the

indsty-segmented lists Tp Thees in this ept, we

s n these key metis: ttal nds aised (m all

ses inlding iends and amily, gants, debt and eqity

m tside ses), ent mnthly evene, and ttal

emplyees (inlding ndes wking ll time n the

vente). We believe tside nding, stme ev

emplyees hied ae easnable iteia t mease

tes imptane t the mmnity. As a th n

atin, we inlde the gwth in thse t hee pimay

ve the se 2012. By ding s, we give adde

t the tatin that mpanies ae getting ight nw

ewad the nes that ae gwing apidly.

F Fst Te list, we lk nly at mpanies

in 2010 late, and give additinal nsideatin tgwth in metis ding alenda yea 2012. We th

the mpanies n the Fast Ten list ae nes mst l

emege and make an impat in the next ple y

We dnt nside ats sh as the nmbe

m (nn-paying) stmes, lik thghs, site vis

datins, seah engine ankings, et.

A nal nte: we ae limited in evalatins by

ingness mpanies t shae with s what is thei

etay data. As y an see m ept and any

the epts and pbliatins, ITEN des nt div

mpany-spei data. Sme mpanies ae me

ming than thes and in a ew ases this lak

ness has had an impat n thei ankings.

o

The gwth in teh mpanies in St. Lis has been impessive and it has help

pt s n the map natinally. o eptatin as a plae that sppts statps well-nded, in n small pat de t the exellent sevie pvided by ITEN. T

is tly a bight spt the te the St. Lis enmy.

DEnny coLEman, pRESiDEnT & cEo

ST. LouiS counTy Economic counciL


7/17


THE coMPANIESTHE coMPANIES

teN t tnyrbds | www.rbds.

Ybds was nded in 2008 t slve the maket need a qality eaphne/

headset sltin se with iPds, ell phnes, telemaketing headsets and

all the types eaphne mmniatin devies.

mltreWre i. | www.ltrewre.

MltieWae In. is the leading pvide pgamme pdtivity tls,

libaies and appliatin develpment sevies hmgenes and

hetegenes mltie cPu and GPu ahitetes.

nrsecr | www.rse-r.

Nsecp, a leading innvat IT seity and ad peventin sltins,

is the nly pvide live, atinable, ybe theat intelligene. The mpanys

patent-pending IPViking tehnlgy ntinsly mnits the Intenet hake

ativity and high isk netwk tai.

asle411 i. | www.sle411.

aisle411 llets, ganizes and mnetizes pdt inventy and latin data

thgh a mbile engagement platm, binging simpliity t in-ste seah and

navigatin.

hegrd ctg | www.egrd.

Hexagid is a stwae mpany that has develped a stwae platm that

speializes in bilding Inastte as a Sevie (IaaS) clds.

FdEssetls | www.dessetls.

Fd Essentials pvides gey etailes and bands with big data-dive

matin abt ingedients and additives in d pdts, enabling them t

maket t nsmes with dietay nens.

Trde hrbr | www.trderbr.

Tade Hab is a pinee in vie athentiatin sevies, sed n th

ing and nanial tansatin indsties.

LerDe | www.lerde.

LkeDme is a sial media platm spts; it is ne the astest

nline spts ppeties in the wld. Me than ten millin peple nw s

eDme t nsme ntent and inteat with like-minded peple and

avite spts inteests.

vrtl nerd | www.rtlerd.

Vital Ned is an engaging, inteative, intitive stwae that tilizes vid

insttin t impve stdent ahievement in mathematis.

mrtgge Retrs | www.rtggeretrs.

Mtgage retns wks with the data aleady apted within a mtgag

panys bak-end lan iginatin system. Based n eah mtgage mp

niqe database, Mtgage retns pmpts evey lan ie in the

with the details n wh t ntat, when t ntat them, and why.

1 6

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3 8

4 9

5 10


8/17



teN N tnSstet Reee | www.sstetreee.

Systemati revene pvides gwing bsinesses with an easy t se and adable ma-

keting atmatin system t nsistently llw p with all thei pspets and stmes

in a meaningl and elevant way.

BsEet | www.bseet.

BsyEvent pvides a mpehensive, mbile app-diven sltin event planning, exe-

tin, exhibit-t-attendee inteatins and inmatin, and llw-p big data intelligene.

mb persled Gts | www.b.

Makab is a high-qality nline etaile pesnalized baby and hildens gits.

Bleds | www.bleds.

Blendis makes stwae tls that allw designes integated-iit systems t develp

thei pdts me apidly and at less st.

Grel | www.grel.

Gemln es a wide aay essential and intitive eates t help bsinesses make the

mst thei sial media stategies. Fm message management and stme engage-

ment t sial analytis and edatin, Gemlns niqe eate set is speially designed

t help bsinesses maste the sial maketing landsape.

o cs med | www.sed.

o camps Media, a pven llege maketing mpany, leveages its natinal net w

llege stdent Ambassads and ppietay tehnlgy t bette ndestand and

with millins llege stdents. ocMs Bnye app enables immediate shaing am

event-ges.

Bmed | www.bedslts.

BizMed is sppting physiians in ie-based paties by pviding adable

knwledge, expetise and tls t simpliy and manage the eglaty and bsiness

medial paties.

Ftr vele Trg, i. | www.gtrg s.

Fxtax Vehile Taking pvides GPS vehile taking t small bsinesses.

Greeele | www.greeele.

Geenvelpe pvides beatil eletni invitatins nline t hat ae deliveed t ge

pesnalized envelpe speial asins.

Lestre cts | www.lestre.

Liesteam cmmniatins is a pvide visal mmniatins pdts

(videneening), steaming/ahiving pdts and sevies t the healthae ind


9/17



teN Fs tnSle me | www.slee.

The Splie SQL Engine enables mpanies t nlk the insights in thei Big

Data and t pt these insights int atin in hype-pesnalized web, sial and

mbile appliatins that inease stme etentin and evene.

smes | www.ses.

simMahines pvides a next geneatin database that is apable answeing

similaity qeies. Similaity qeies enable the eatin next geneatin appli-

atins. o engine is nt nly the astest available, it is als vey easy t se.

SreGpS, LLc | www.sregs.

Sien develps smatphne tehnlgy t nnet y and y amily t eme-

geny sevies and inmatin making mmnities sae.

Te t cter | www.tetter.

A natinal, web-based ateing niege sevie that nnets BuSY peple

with the rIGHT atee thei needs and bdget t save them TIME and

MoNEY

Etr i. | www.etr.

Evtn In. is an Inmatin Tehnlgy patin pviding Entepise cld

Stage and c-Latin sevies.

Drst, i. | www.drst.

Ealy stage HIT mpany sed n the develpment and implementati

linial pathways.

Ded ietr mgeet Sste (DimS) |

www.dedetrgeet.

DIMS pvides a platm indstial nens with exess inventy t

stmes wh need pdts pats that ae ten disntined nt

thgh nventinal sales hannels.

cl Wt me nw, i. | www.lwtew.

clik With Me Nw has the niqe pptnity t engage with and pvid

vies t EVErY pesn wh ses a web bwse! The clik With Me Nw

atin is intitive, eqies n-dwnlads and best all its ee.

Rllsle | www.rllsle.

rllSale is lli ng whlesale, a new way ndting whlesale peat

a tansatinal sial netwk sed a deales.

mterl m, LLc | www.terl.

Mateial Mix is a disptive web-based exhange platm that mmdit

tade indstial bypdts within the ent waste lletin indsty

waste and eyling pessinals ede peating expenses, eve in

n inventy, and mnetize the tade thei eylables.

1 6

2 7

3 8

4 9

5 10


10/17



5 Sttes were Fders re rgll r:

ge te ygest Fders:

ptets led r:

ptets grted:

Ett te Fders:

eder te Fders:

Fs & Fs Sn rnkns

Thee ae

35 es

with a nde

nde the age

25

cs (82%)

araer (9%)

as (7%)

hs (1%)

oter (1%)

25

73

12

79%male

21%emale

We-owed

1. mb

2. BldgWrs, LLc

3. mterl m

mrt-owed

1. mltreWre i.

2. hegrd ctg, LLc

3. G2 med

Gree Te

1. FdEssetls

2. BsEet

3. Greeele

Sert

1. nrsecr

2. preter Sert

3. Sre GpS

mble

1. sle411

2. Sre GpS

3. iDc prjets

Sl med

1. LerDe

2. o cs med / Bre

3. Dele D

Srts

1. yrt

2. LerDe

3. LgyrR

The sge in stat-p ativity in St. Lis ve the past tw yeas and the

gwing nmbe high-qality deals have attated the attentin natinal

invests wh ae nw nding it wth thei while t visit egin.

Donn RuBin, cEo

BSTL

mssr (>80%)

ills (5%)

clr (2%)

msssetts,mg, kss,Wsgt (1%)


11/17

St. Ls Te Strt Rert

themoNey

$30 millin invested int St. Lis

teh statps in ne yea is a maj

milestne and a geat amplish-

ment egin. This epesents

a steep inease ve pevis yeas,

and me than 40% the ttal in-

vestment sine ITEN stated taking

sh ativity in 2008.

Well ve hal this new mney has gne int a small

handl lal deals, many them listed in Tp Ten

and Next Ten lists. This is t be expeted, sine invests

will gavitate t the mst mpelling deals that ae getting

signiant stme invest tatin. on the the hand,

whats mst inteesting is whee the est the mney is g-

ing. We have indiated, thgh Fast Ten list, that thee

ae thes tside the sptlight getting invest inteest. A

sessl esystem pdes me than a small handl

geat deals; a sessl esystem is a living system

that is sppting many deals at all stages deve

F the lng-tem health the mmnity, the in

ing amnt mney ging int me ealie-stage

is pbably me signiant in the lng n than a w

knwn deal aising an additinal ne t tw millin

bease it shws that sstainable naning mme

bilding m the bttm the pyamid.

Despite the at that we still have many vey inte

ventes having t lk (and smetimes mve) t pats the nty, the tend is mst denitely gi

ight dietin. St. Lis nw es mltiple ptins

nding teh deals, and me than ne way a

p t $500K t $1M in nding. Beynd that level, t

gets tghe and thees n qestin we need me

t nding A nds. A ntining qality deal f

help attat nding altenatives, and the tlk is

the intemediate and lng tem. Meanwhile, tdays

will still need t wk had t nd lal naning at

levels.

o

It is tly impessive t see the itial mass that we seem t be eahing n th

inmatin tehnlgy statp sene in St. Lis. The advent new Angel

invests, vente nds, and T-rex, pled with ITENs ntined mmitme

t menting and pepaing statps nding, is eally paying dividendslk wad t ntined psitive mmentm, the sess statps and

the psitive impat it has n mmnity.

maRk ShoWERS, cio

REinSuRancE GRoup oF amERica


12/17


THE MoNEYTHE MoNEY

mtl cbed Reee allTEn ces:

me iested all iTEnes (clte Ttl):

otsde Fdg Sres(peretge Sres):

rn

Fnn

2012201120102009

0

0

0

0

0

0

0

0

0

2012201120102009

Freds dFl (52%)

ageliestrs (23%)

aelertrs (9%)

GrtFdg (7%)

csterFdg (2%)

oter (7%)

o ll iTEn eber es:

n 30% e geerted reee

n 1 4 rsed tsde dg

o te es:

n 35% e reee

($200 t $1m er t)

n hl e rsed tsde dg

( le tsd t ltle lls)

n o tse es rsg e,

43% e reee

o es tt e esederts:

n 1 6 d reee

n 1 12 d rsed tsde dg

n o tse rsg e, 8% d reee

K Fs & Fs

Inmatin tehnlgy is dminating a evltinay lte entepeneis

in the St. Lis egin. Hndeds high-qality entepises ae emeging,

billiant pptnities enaged by bst menting m entities sh as

ITEN, exiting new ses initial naning like Ah Gants and seveal

apital entepises. Yet we, the natin and wld ae at an ealy stage the

tansming infene this limitless tehnlgy. o eginal hallenge is t

ntine t enage this agile develpment, in pat by ensing the

availability sbstantial saling apital.

DR. BiLL pEck, chaiRman

innovaTE ST. LouiS

Ttal Invested (in Millins)

Mnthly revene (in Millins)

$5.2M

$70.6M

$40.3M

$28M

$17.5M

$3.5M

$1.2M$819K


13/17

St. Ls Te Strt Rert

hiriNg aNdJob growth

St. Lis is apidly gaining tatin as

a ht ity inteesting and talented

tehnlgy emplyees.

A eent ept n t he teh jb site Die.m lists St. Lis

as the ntys tp ity in yea-ve-yea gwth in teh

jbs. ITEN is seeing these pptnities within stat-

ps in the data gatheed in 2012. The apid gwth in jbeatin nmbes m ITEN statps validates these high

natinal ankings.

In plling ITEN lient mpanies thei ptential te

jb penings, ITEN is seeing peliminay data n hw t

bette addess talent gaps in t he egin. The needs teh

statps ae heavily based in tehnial aeas with ve 32%

statps planning t hie me des, pgammes,

and designes. Hweve, statps lealy see the need

stme aqisitin and maket awaeness as well. The

next highest sets pjeted needs ITEN statps

me in the m Sales (20%) and Maketing (19%). The

data ming m statps lealy ditates that the egin

needs t ntine t keep s n attating and etaining

talent in many ms, t keep p the healthy gwth we ae

seeing in the teh statp esystem.

o

The gwth in entepeneial

ativity in St. Lis ve the last

mnths has been nthing sht

explsive. This is espeially te

the teh spae. I edit the amaz

mmnity et being pt th

With eveyne plling tgethe

twad a mmn gal nde th

all bats ise they, ability

ahieve sess is limitless.

It makes me pd t be a

St. Lisan!

JuDy SinDEcuSE, cEo / manaGinG paRTnER

capiTaL innovaToRS


14/17


HIrING AND JoB GroWTHHIrING AND JoB GroWTH

erll Grwt newll Te Elees:

psts/ares Eertse Desred

nber elees esre lg t re 2013:

K Fs & Fs

185 425Emplyees expeted t behied in 6 mnths

Emplyees expeted t behied in 12 mnths

0

00

00

00

00

00

201220112010

0

5

0

5

0

5

0

5

OtherHRLegalFinanceC-levelOperationsMarketingSalesTech

cn QsSt. Lis teh statp sene is explding.

The talent, nanial eses, and

veall sppt have all me tgethe at

jst the ight time, allwing LkeDme

t bild a wld-lass mpany ight hee

in St. Lis.

GaBE Lozano, cEo / co-FounDER

LockERDomE

Bilding Nse m St. Lis was nt

easy as we stated in ealy 2010 bee

many the pgams nw available wee

pesent, tside ITEN and the capital

Innvats aeleat, whih we wee

in its inagal lass. That said, I am vey

exited t see the ising sta t-p sene

with pgams t sppt entepenes

as they gw thei mpanies. The T-rex

ies dwntwn ae bzzing, and a

geat indiat these pgams eslt-

ing in sess.

Sam GLinES, cEo

noRSEcoRp

The St Lis stat-p mmnity ha

all the piees a lage, me

sphistiated maket, bt maintains

the staight-talking Midwest fav. T

mmnity is ll vey smat, gen

nie peple wh eally want y t

seed even i they dnt have ananial inteest. They als dnt m

telling y when they think y ae

wng tak whih is jst as vala

pauL RaunER

SreGpS

When I see the Gateway Ah

mnment, I an elate t the pine

that ame t St. Lis as pat the

westwad expansin the united S

In a simila way, I ame t St. Lis

nqe digital lands, t elidate

bsiness appliatins similaity sand patten egnitin.

DR. aRnoLDo muLLER-moLina, FounDER, DaTa SciE

smachinES

850

601455

32%

20% 19%

9% 8%6%

4% 2% < 1%


15/17

St. Ls Te Strt Rert

appeNdix

Fr lete lst resres, bt stte d t

stte, lese g t www.testl.rg/sel-ls

Edt & Deelet

aelerte St. Ls

AeleateStLis.g is a ne-stp website that nnets

entepenes t eses and invests wh an help

them in lanhing and gwing thei bsinesses in the St.

Lis egin.

www.aeleatestlis.g

ceter r Eergg Telges

The cente Emeging Tehnlgies (cET) pvides

the speialized ailities, knwledgeable sppt sevies,

entepene taining pgams, and aess t apital

needed t establish and develp next geneatin medial

and the advaned tehnlgy mpanies. cET has been

a key membe a St. Lis pbli-pivate-thee nivesity

patneship sed n eating all the elements needed

t mmeialize innvatins thgh new mpanies, gw

a mpetitive lie siene indsty lste, and be a leading

ente teh-based enmi develpment.

www.emegingteh.g

ceter r Etrereers, St. Ls uerst

The gal Saint Lis univesitys Entepeneship cen-

te is t help entepenes mbine thei bsiness passin

with the planning skills taght in a wld-lass instittin, t

pde high-peming ganizatins.

bsiness.sl.ed/entes--distintin/

ente--entepeneship

iTEnA atalyst teh statps in the St. Lis egin, and a

pvide edatin and taining pgams at evey stage

the statp lieyle.

www.itenstl.g

ite vetre metrg Seres (ivmS)

IVMS pvides menting teams i nnvative sta

ventes in all disiplines.

www.innvatevms.g

uerst mssr St. Ls

The cente Entepeneship and Enmi Ed

(cEEE) at uMSL addesses the vital need en

liteay by ntibting t the ndestanding e

pesnal nane, and entepeneship thgh ed

and teah t hilden and adlts.

msl.ed/~ps/aademi-nits/

en-ed.html#.uZKscs4uyA

Wsgt uerst Sdlrs ceter

The Skandalais cente Entepeneial Stdies

Washingtn univesity in St. Lis and the bade

is mmnity, wking t bild an innvatin envi

whee ideas and peple an nnet and ase a

hanges lives.

s.wstl.ed/Pages/dealt.aspx

moSreL

MoSeLink nnets small bsiness wnes w

netwk nnpt ese ganizatins that p

bsiness-bilding sevies. We ailitate the linking

ese ganizatins t ne anthe and t estab

emeging and stat-p small bsinesses thgh

egin.

www.mselink.m


16/17


APPENDIXAPPENDIX

dg

r Grts

h Gants seeks t eate a me bst statp lte

d inastte in St. Lis. T inease emplyment

wth and establish St. Lis as a plae whee entepe-

es want t stat and gw thei bsinesses, Ah Gants

es statps nding in the m gants and sppts

e statps as they emain tansitin t dwntwn St.

is. The Ah Gants Bsiness Plan cmpetitin helps t

ape the image St. Lis amng aspiing entepenes

d thes lking t have a mative le in bilding a

ew entepeneial limate in St. Lis.

ww.ahgants.g

lle agels

he gal the Billiken Angels Netwk i s t pvide in-

ns expetise and apital t ms that shw pmise

make a dieene the St. Lis enmy and egin.

AN is willing t lk at ms in all indsties and evalates

ms at all stages, nt jst stat-ps.

ww.billikenangels.m

tl itrs

apital Innvats pvides teh statps with the nding,

ses, and nnetins they need t eah the next

vel. The capital Innvats Aeleat Pgam pvides

ed nding, pjet-based mentship m a seasned

l knwledgeable entepenes, stella peks, net-

king, and llw-n nding pptnities ve the

se 12 weeks.

ww.apitalinnvats.m

ltt ctl

ltivatin capital is a vente apital m managed byeam seial entepenes. The m invests in yng

hnlgy mpanies whse ideas have the ptential t

spt the way we live and wk. The gal cltivatin

apital is t take evene-geneating bsinesses t the next

vel with expetise, gidane and nding.

ww.ltivatinapital.m

mssr Telg crrt / iDEa Fds

The Missi Tehnlgy cpatin nds seveal p-

gams ass the state Missi that sppt the gwth

innvative bsinesses.

www.missitehnlgy.m/mmeializatin-pgams

St. Ls ar agels

The missin the St. Lis Ah Angels is t pvide

pptnities membes t btain tstanding nanial

etns by investing in ealy-stage mpanies with high

gwth ptential in the St. Lis regin and aeleat-

ing them t maket leadeship. The Ah Angels ae a pat

the St. Lis egins seed t late stage eqity apital

ntinm and ae tageting an investment ange that is

geneally ndeseved by instittinal vente apital ms.

www.stlisahangels.m

oes & Geerl Resres

T-Re

T-rEx is a wking spae and tehnlgy inbat lat-

ed in the heat dwntwn St. Lis. Failities ae lated

in the histi railway Exhange Bilding, whih has been

nveted int a hb the St. Lis statp sene. T-rEx

is hme t a gwing mmnity entepenes, develp-

es, designes, ments, edats and me.

www.dwntwntex.m

Lb 1500

Lab1500 is an entepeneial ente nded n the

piniple that llabatin dives innvatin. It is designed

t be a l, mtable plae whee membes an tilize

-wking spae, netwk with likeminded entepenes,

and attend lasses, wkshps and events.

www.lab1500.m

hel ceter Bte ibtr

The Helix cente Biteh Inbat es adable, high-

qality wet and dy lab and ie spae t bisiene,

tehnlgy, and plant and lie siene statps. The inba-

t plant and lie siene mpanies is designed t help

emeging mpanies gw, gadate and fish.

www.sle.m/helix-ente.html


17/17

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