STTE Ventures Impact Two-Year Report Release
STTE is proud to announce the release of the STTE Ventures Two-Year Impact Report, detailing the significant economic growth, job creation, and entrepreneurial advancements achieved through our AI-powered programs. With a $250,000 investment from ARPA funding, the program has supported 10 startups and SMBs, resulting in 30 new customer segments identified, 28 new jobs created, $1.2M fundraised, and $514K in Annual Recurring Revenue (ARR). Collectively, these efforts have generated an economic impact of $2.9M, delivering a 12X return on investment. The program has empowered high-growth startups such as Aizen Flow and Squad Pilot, alongside established SMBs like TriSum Saunas, Chuco Relic, and PCG Concrete, all of whom have leveraged STTE’s AI-driven mentorship and business development resources to accelerate their growth.
By integrating AI into the entrepreneurial journey, STTE has equipped founders with advanced business modeling tools like Startosphere and access to a thriving tech community that fosters mentorship, collaboration, and innovation. This milestone report underscores the critical role of AI and technology in shaping the future of entrepreneurship in the Southwest, providing a blueprint for continued economic development. As we look ahead, STTE remains committed to scaling support for both startups and SMBs, ensuring they have the resources needed to validate, launch, and grow sustainable businesses. Explore the full STTE Ventures Two-Year Impact Report and discover how we are building the next wave of AI-powered entrepreneurs.
Venture Snapshots
Founded by Marco Vallejo, Jaquan Bryant and Ian Love, Aizenflow helps trucking companies operate quickly by providing expedited freight quotes. Their streamlined, intuitive quoting software enables firms to enhance their deal-winning rates using integrated AI and machine learning.
Founded by Roland Rios, Seide is a platform that functions as a one-stop shop for water softener servicing solutions. Seide is building an IoT platform to service water softener units.
Founded by Jack Loveridge, Panoculum is a photo-sharing platform that helps its users meaningfully engage with the pictures they have taken. Users can share the stories behind personal photos through oral storytelling on a customized feed supported by AI insights.
Founded by Hunt Burdick and Richie Hatch, Squadpilot seeks to improve organizational efficiency across sectors using an AI model that eliminates the need for a thick management layer. Through its use, team members will be empowered to work both autonomously and creatively.
Founded by Diego Fogle, VeraTech aims to detect skin and oral diseases at an early stage. This is done by bringing human-centered design into the creation and development of medical devices in the women’s health space. With the input of patients and clinicians alike, VeraTech strives to keep every end-user’s needs in mind when producing products.
