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TechStars Boston announces startups accepted into its fall 2012 class

Posted by Scott Kirsner  August 23, 2012 08:22 PM

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The TechStars Boston accelerator program for entrepreneurs (which is actually based in Cambridge) announced back in April that it would start running two cycles each year, instead of just one in the spring. Its first fall class convened today, and TechStars Boston honcho Katie Rae just released the names of the 13 companies that are participating. "Many of the companies are from the Boston area," she writes, "but we also have teams from Israel, Slovenia, Colombia and Ann Arbor."

They are:

- BetterFit Technologies provides personalized medicine for everyone.

BetterFit recently participated in Highland Capital Partners' Summer@Highland program for collegiate entrepreneurs and recent grads. Founder Julia Winn studied computer science and molecular biology at Harvard.

- BookingMarkets lets small and large web sites connect travelers with unique places to stay around the world.

- CoachUp helps athletes achieve their full potential by connecting them with private coaches.

CoachUp has raised an undisclosed amount of angel funding, and is also a finalist in the MassChallenge startup competition. Founder Jordan Fliegel previously played professional basketball in Israel and Europe. (I covered the company in May; it was incubated in the New England Venture Capital Association's CriticalMass space in Kendall Square.)

- At Fashion Project you can shop daily designer deals and clean out your closet for your favorite cause. (Fashion Project founders Anna Palmer and Christine Rizk are in the photo above.)

Fashion Project has so far raised $200,000. I covered the company last month.

- Fetchnotes makes it easy to stay on top of what’s going on in your life and communicate with the people that matter to you.

- ImpulseSave makes saving your money as easy and gratifying as spending it.

The company launched its iPhone app in June, and has raised $200,000 from angel investors.

- Med2Bed connects hospitals and post-acute care facilities to improve patient outcomes.

- NBD uses unique surface chemistry to harvest water from humidity.

The company is also a finalist in the MassChallenge competition.

- Ovuline helps couples conceive faster.

CEO Paris Wallace previously helped launch Good Start Genetics, a molecular diagnostics company that raised $14 million in funding earlier this year.

- Saverr helps consumers save together. Connecting online and offline shopping.

- Wymsee is operating in stealth.

The three founders all earned degrees at Boston College, and the company seems to be focused on the TV business. Its tagline is "Simplifying the production. Revolutionizing the experience."

- Zepppelin helps small businesses see what’s happening in their company by connecting their cloud applications and team in one place.

- A stealth consumer product company built on a breakthrough mechanical invention.

(The one-line descriptions above were provided by TechStars; I added background on the companies.)

Companies accepted into TechStars get $18,000 in seed funding in return for six percent of their equity. They are also offered an additional $100,000 in convertible debt. Participants receive free office space in Kendall Square for the duration of the three-month program, and the opportunity to present to a group of investors at its conclusion, on November 14th. (Here's my dispatch from the most recent TechStars demo day.)

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Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.

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