i2E and Oklahoma have busted the Unicorn Myth |
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i2E and Oklahoma scored another first in innovation and entrepreneurship when Alkami Technology debuted on the Nasdaq (ALKT).
This success story— from an Oklahoma City startup to a multi-billion dollar IPO and i2E’s first unicorn — fans the flames of innovation and entrepreneurial possibility.
i2E made an initial concept investment through the OCAST TBFP early in the company’s life and then made another investment through the OCAST Oklahoma Seed Capital Fund.
The more Oklahoma startup companies with high-growth potential that we can support with venture services and capital, the greater the opportunity we have to create a herd of unicorns. |
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Alkami Technology
Alkami Technology more than tripled the definition of a “unicorn” deal. Their initial IPO raised $180 million, selling six million shares of common stock, with a surging market capitalization that exceeded $3 billion.
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In the past few months, i2E has invested $840K in the following Oklahoma startups with potential to become our next unicorns. |
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Max Q
i2E's connection to MaxQ Research, a Stillwater company that creates validated packaging systems for blood and other biologics, began when they competed in the 2012 Governor's Cup, now the Love’s Entrepreneur’s Cup, Oklahoma’s statewide collegiate business plan competition sponsored by Love's Travel Stops and Country Stores. We are so proud of your success!
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FOKES
FOKES is a women-owned, Oklahoma City task-management platform for seniors, their family members, and non-medical caregivers.
Building upon their current technology, the $40K OCAST TBFP Concept Funding will be essential in taking the concept from a niche personal assistant market into a much larger home health care market with enormous growth opportunity. The additions to the technology provide a market-ready product to facilitate communication, tasking, and billing for agencies, caretakers and loved ones.
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InfraTie Solutions
InfraTie Solutions founders, Yongwei Shan Ph.D., PE and Hossein Khalghian Ph.D., from Oklahoma State University, are developing a software AI and decisions systems support tool that integrates and analyzes data specifically to assist municipalities in prioritizing sewer system maintenances and repairs and optimizing their limited budget.
They engaged with i2E in May and within 3 months received $50K from the i2E managed OCAST TBFP Concept Fund with a matching grant from VentureWell E-Team. The funds will be used to get them to a sellable MVP to the target market customers.
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What started as a small Tulsa-based startup founded by two cousins exploded into a modern tech company on the cutting edge of healthcare, benefits, and human behavior with users and clients in all fifty states! Hear more about Medefy Health from Matt Scovil, CEO and Co-Founder.
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Meet the latest e3 cohort featuring 4 new Oklahoma Startups.
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In partnership with i2E, ACT Tulsa, a new business accelerator for ‘underestimated founders’, welcomed its first cohort of nine minority-led new ventures.
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i2E’s Tulsa staff now offices with 36° North in its new shared incubator where entrepreneurial partners are all on one floor allowing hyper collaboration. |
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i2E is honored to be the Featured Organization at the August Cocktails & Collaboration event hosted by the OKC Innovation District. Come have a drink with us and mingle with the Innovation District community.
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The OKBio BrewFest is back! Join us October 21, 5-7pm. |
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