Blogs
June 5, 2012
KAYWEB Angels invests in busEasy and PicturPass
NEW YORK: KAYWEB Angels has added two new investments to its growing portfolio of web and mobile startups, after agreeing to terms with busEasy and PicturPass.
KAYWEB Angels CEO, Haig Kayserian confirmed that the two successful applicants were selected from a pool of over 150 submissions to the New York-based angel investment firm's website, from which 20 were invited to pitch in person.
"We are very excited about these investments," said Kayserian. "The pool of applicants this Spring were high in quality, those who came in to pitch were brilliantly prepared, and busEasy and PicturPass stood out and commanded investment."
He added: "Our filtering process is very scientific, and not only did these startups score highly within the KAYWEB Angels Selection Method, their presenters also proved themselves as the right entrepreneurs to guide these companies to success."
Investment in busEasy and PicturPass takes the KAYWEB Angels portfolio to eight companies in total, joining Burringo, Cafrino, Do It In Person, Minute List It, WhoIsGreen.com and You Need My Guy in the company's stable.
busEasy, a concept presented by Australian duo Tony Fairweather and Tony Antoniou, will bring a new and long overdue dynamic to the consumer transportation industry with its unique web offering.
PicturPass, which was conceived and presented by an 11-year-old girl from New Jersey, is a fun, social game application for the next generation.
KAYWEB Angels General Manager John Buckman said: "We have managed to diversify our portfolio further with these investments and we are looking forward to working with more quality entrepreneurs, as we do every single day."
KAYWEB Angels CEO, Haig Kayserian confirmed that the two successful applicants were selected from a pool of over 150 submissions to the New York-based angel investment firm's website, from which 20 were invited to pitch in person.
"We are very excited about these investments," said Kayserian. "The pool of applicants this Spring were high in quality, those who came in to pitch were brilliantly prepared, and busEasy and PicturPass stood out and commanded investment."
He added: "Our filtering process is very scientific, and not only did these startups score highly within the KAYWEB Angels Selection Method, their presenters also proved themselves as the right entrepreneurs to guide these companies to success."
Investment in busEasy and PicturPass takes the KAYWEB Angels portfolio to eight companies in total, joining Burringo, Cafrino, Do It In Person, Minute List It, WhoIsGreen.com and You Need My Guy in the company's stable.
busEasy, a concept presented by Australian duo Tony Fairweather and Tony Antoniou, will bring a new and long overdue dynamic to the consumer transportation industry with its unique web offering.
PicturPass, which was conceived and presented by an 11-year-old girl from New Jersey, is a fun, social game application for the next generation.
KAYWEB Angels General Manager John Buckman said: "We have managed to diversify our portfolio further with these investments and we are looking forward to working with more quality entrepreneurs, as we do every single day."
