LaunchU Entrepreneur Winners Announced
The Kellogg Innovation & Entrepreneurship Initiative and Pritzker Group Venture Capital are pleased to announce the 2014 winners of LaunchU: Jeff Eschbach ’13, Page Vault, and Terrance Wallace ’14, FallProof.
About Page Vault
Legal cases now hinge on the ability to admit web-based information into court, with content ranging from personal Facebook comments to corporate trademark infringements. However, current approaches used by litigators — printing out screen captures, hiring of private investigators, relying on subpoenas — frequently violate chain of custody protocols or simply do not capture the desired content in time. In short, these methods place legal cases at risk. Page Vault enables lawyers to easily and securely capture web content for future use as evidence. Its intuitive, cloud-based solution complies with established evidence collection protocols to greatly simplify admission in US courts.
About FallProof
Co-founded with Harsha Dronamraju ‘14 and Eric Lee ‘14
Falls are the leading cause of injury and loss of independence among seniors with a financial toll expected to reach $61.6 billion annually by 2020. Although clinical research supports fall risk screening among seniors, many are never screened for falls by their health providers. Reform legislation now requires that providers perform fall risk assessments or face reimbursement reductions. FallProof now facilitates this process by using smartphone motion sensors to enable providers to remotely administer a fall risk assessment, identify a senior’s specific risk factors, and guide clinical decisions to mitigate falls.
LaunchU was established by Pritzker Group Venture Capital in the spring of 2013, with a vision to accelerate Chicago’s next successful startups out of graduate school. A rigorous selection process takes place to choose the technology company finalists, who then participate in the 12-week summer program. Teams selected are mentored by PGVC’s investment and operating professionals. In addition, the startup teams receive non-dilutive capital, co-working spaces at 1871 and access to PGVC’s network of entrepreneurial and corporate relationships.