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OneEleven is a global scaleup hub focused on helping the most promising, high-growth tech startups build their businesses and scale their operations during their most fragile period of growth. Through a rigorous screening process, we bring together the top founders and teams inside a “pay it forward” community and supply the resources, advice, and shared learnings they need to build globally competitive companies. We help bridge the gap between Seed Stage and Series A for first-time or repeat entrepreneurs navigating the ever-changing landscape to reach success.
Jim Fruchterman, Benetech`s founder and CEO, was an engineering student at Caltech when he learned how pattern recognition technology could guide a missile to its target. “If you could use this technology to recognize tanks or bridges,” Jim thought, “perhaps you could also recognize letters and words. Then we could use software to read those words aloud to people who are blind.” Years later, after a stint as a rocket engineer, Jim cofounded a VC-backed tech company called Calera Recognition Systems. Calera invented the first successful machine that could read almost any printed font without requiring human training. The products based on that technology had many commercial applications, but Jim hadn`t let go of his earlier idea. Soon he and the Calera team began prototyping a reading machine for the blind. Calera`s investors were impressed that the reading machine worked; however, they didn`t want to pursue Jim`s vision as it would generate negligible profits and take the focus away from developing more profitable products. Jim realized his dream didn`t fit in with the for-profit model. In 1989, Benetech was born with a business model intended to keep costs low for users. The organization quickly became the largest maker of affordable reading systems for the blind. Due to limited revenue to invest in new ideas, Jim decided to sell the reading machine product line to a for-profit company and reinvest the money from the sale—$5 million—to expand Benetech to new frontiers of social good. Today, Benetech continues to be a different kind of tech company—a nonprofit—with a pure focus on developing software for social good. More than two decades after our founding, we`ve grown to include multiple program areas and initiatives that provide software to improve—even transform—the lives of people all across the world. You can read more about our work through our four main work areas: Education, Human Rights, Environment and Poverty. As a nonprofit tackling tough social issues, the funds to identify and develop new software solutions come from individuals, foundations, corporations, partner organizations, and agencies. Please consider supporting our work or partnering with us. Together, we can ensure that all of humanity benefits from technology.
LeaseAccelerator provides global lease lifecycle automation software to improve cash flow and simplify compliance. Thousands of users rely on our Software as a Service (SaaS) platform to manage and automate 700,000 equipment and real estate leases valued at $200 billion across 5 million assets which generate 8 billion journal entries. The LeaseAccelerator platform includes competitive sourcing through a unique global lessor network, integrated accounting, reporting and governance. With this strategic financial tool, customers gain valuable business insights using centrally managed, rich lease data that delivers faster response to changing economic environments. Using our smarter procurement workflow and end-of-term management, customers can save an average of 12% – 16% on equipment leasing costs.
Earnnest is changing the way money moves in real estate. Our digital platform allows buyers to securely and electronically deposit funds directly to an escrow holder. We keep agents, buyers, and escrow holders in the loop with automated emails and tracking information. Say goodbye to lost checks and wire fraud.
Bigston Information Technologies, Inc. is a Elk Grove Village, IL-based company in the Computers and Electronics sector.