After putting out a call for applications in May, MassChallenge announced on Monday the 21 startups that will join the first 2019 MassChallenge FinTech program.
From six months starting in January, startups will work 1:1 with one or more program partners including MassMutual, Putnam Investments, Fidelity Investments and FinTech Sandbox. At the end of the program, MassChallenge FinTech will award a total of $250,000 in cash prizes, all at zero cost and for zero equity.
As a honorary finalist, the list included also TellusLabs—a Boston-based satellite imagery and machine learning company building a living map of the world’s food supply, now part of Indigo Agriculture. The acquisition was announced the week before MassChallenge released its list of winners.
Here are the 11 Mass. companies that were admitted to the first cohort of MassChallenge FinTech (description provided by MassChallenge and edited by BostInno).
Cake (Boston, Massachusetts): Cake modernizes end-of-life planning by providing guidance and 24/7 access to wishes and documents in the cloud.
Coalesce.ai (Boston, Massachusetts): Coalesce is an AI software company that automates tedious, mundane workflows for financial services firms.
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