What does your company do?
Mixtroz makes events more valuable by driving attendees from phone to face-to-face in real time — increasing engagement & collecting real-time data.
AOL cofounder Steve Case runs the Washington, DC-based venture capital firm Revolution, and "Hillbilly Elegy" author JD Vance, who oversees the Rise of the Rest Seed Fund.
In May, the Revolution team led a bus tour across five cities in the southeastern US, with the intention of catalyzing growth in emerging startup communities.
The latest tour, the seventh of its kind, was the first to draw from a $150 million seed fund, whose investors include Amazon's Jeff Bezos and Bridgewater's Ray Dalio.
This post is part of Business Insider's ongoing series on Better Capitalism.
Ashlee Ammons and her mother Kerry Schrader are the founders of Mixtroz, an app that alleviates the awkwardness of networking events by connecting attendees at mixers based on their interests. Two years ago, the mother-daughter duo left their corporate careers and embarked on their first entrepreneurial venture, building their tech company at a startup accelerator in Birmingham, AL.
It was pure coincidence that the Rise of the Rest bus tour came the week of Mother’s Day. Even so, declares Kerry Schrader, winning a $100,000 investment for Mixtroz — the tech startup she co-founded with her daughter, Ashlee Ammons — in the pitch competition that closed the tour’s stop in Birmingham was “a heck of a Mother’s Day present.”
The May 9 stop of the Rise of the Rest bus tour in Birmingham wrapped up with a $100,000 pitch competition for local technology startups, held at Sloss Furnaces National Historic Landmark. Earlier in the day, the tour visited the Birmingham Civil Rights Institute, MAKEbhm, Innovation Depot and Pack Health.