With summer over and school back in session, the 2014 Hansoo Lee Fellows are as busy as ever. The fellowship enabled Johannes and Alastair to focus their efforts this summer on building and refining their products and growing their teams as they look to raise funds over the next year. Both companies have made significant progress over the last few months, and we look forward to all of the accomplishments ahead of them. (See below for their updates.)
We are also pleased to announce that Wendy Lim has committed $5,000 and Magoosh has committed $10,000 towards a challenge match for the Hansoo Lee Fellowship. Any donation given to the fellowship by the end of the year, up to the $15,000 total, will be matched dollar-for-dollar. Many companies have matching donation programs which is another great way to increase the impact of your donation.
Help us reach our goal of $250,000 in total funds raised which will enable us to create an endowment for the fellowship and support teams of entrepreneurs for many years to come. Click here to donate.
Johannes Koeppel (MBA’15) of Wetravel reports the following: “In the last three months, we successfully released the beta version of Wetravel. Since then, we have organized 20 trips and currently have more than 250 paying customers.” Wetravel has raised $55,000 from startup competitions and other investments and plans to raise their seed round in mid-2015.
Wetravel is at the Skydeck Accelerator and has grown its team, recently adding a designer to provide independent tour organizers with the best possible platform to facilitate their small group tours. In addition to perfecting their product, Wetravel will spend the coming months actively onboarding tour organizers on its platform.
Alastair Trueger (MBA’15) of Teaman & Company informed us that the company “has been going incredibly well. After graduating from 500 Startups, we moved back to Berkeley and into the Skydeck Accelerator. We have focused on building out the three pillars of our business: fantastic jewelry, our web and service experience and our 3-D printing sample kit.”
Teaman & Company has expanded its team, adding a jewelry sourcing and manufacturing expert and a sales manager with years of enterprise sales experience, and is in the process of hiring a creative director. Sales at Teaman continue to grow, and they recently closed a large $20,000 sale. Teaman has also opened its round of funding and has already closed $20,000 (with more to come).
We are also pleased to announce that Wendy Lim has committed $5,000 and Magoosh has committed $10,000 towards a challenge match for the Hansoo Lee Fellowship. Any donation given to the fellowship by the end of the year, up to the $15,000 total, will be matched dollar-for-dollar. Many companies have matching donation programs which is another great way to increase the impact of your donation.
Help us reach our goal of $250,000 in total funds raised which will enable us to create an endowment for the fellowship and support teams of entrepreneurs for many years to come. Click here to donate.
Johannes Koeppel (MBA’15) of Wetravel reports the following: “In the last three months, we successfully released the beta version of Wetravel. Since then, we have organized 20 trips and currently have more than 250 paying customers.” Wetravel has raised $55,000 from startup competitions and other investments and plans to raise their seed round in mid-2015.
Wetravel is at the Skydeck Accelerator and has grown its team, recently adding a designer to provide independent tour organizers with the best possible platform to facilitate their small group tours. In addition to perfecting their product, Wetravel will spend the coming months actively onboarding tour organizers on its platform.
Alastair Trueger (MBA’15) of Teaman & Company informed us that the company “has been going incredibly well. After graduating from 500 Startups, we moved back to Berkeley and into the Skydeck Accelerator. We have focused on building out the three pillars of our business: fantastic jewelry, our web and service experience and our 3-D printing sample kit.”
Teaman & Company has expanded its team, adding a jewelry sourcing and manufacturing expert and a sales manager with years of enterprise sales experience, and is in the process of hiring a creative director. Sales at Teaman continue to grow, and they recently closed a large $20,000 sale. Teaman has also opened its round of funding and has already closed $20,000 (with more to come).
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