TIE Investors Back Event Networking Mobile App

Megan Hendricks | Tuesday, April 30, 2013

A group of investors in Tampa Bay is backing a new app designed to better facilitate networking connections at business events.

Four members of the Tampa Bay chapter of TiE, The Indus Entrepreneurs, recently invested in a 20 percent ownership of Feathr, a start-up created by former University of Florida students Aidan Augustin and Neal Ormsbee. The mobile app is designed to create better connections during events and conferences by serving as a virtual business card. It provides profiles and contact information for speakers, exhibitors and attendees, allowing people to connect instantly for meaningful communications. It also provides real-time schedule and room updates as well as logistical information about the event.

"Feathr has assembled a very talented team to build a mobile app to revolutionize the age old practice of business card exchange," says Ashok Kartham, TiE Tampa Bay Charter Member and board member for Feathr.

TiE Tampa Bay was founded in 2012, and is part of a global organization with 25,000 members in 17 countries. The organization provides local entrepreneurs with connections, education, mentoring and financial support. There are 22 charter members who provide most of the investment funding. The group is also open to general members, most of whom are local entrepreneurs and business owners taking advantage of the expertise.

The philosophical foundation’s primary goal is to nurture and invest in up-and-coming companies with good ideas. Quarterly pitch sessions provide general members with a chance to have their idea heard in front of potential investors.

"We hope the Tampa chapter can make a huge difference in helping to grow tens if not hundreds of businesses in Tampa and Florida in the coming months and years," says Kartham.

TiE has already helped Feathr with product repositioning and marketing and billing and accounting systems. The app will be launched at VenturePitch Orlando on May 7.

Writer: Megan Hendricks
Source: Ashok Kartham, TiE Tampa Bay

Read more articles by Megan Hendricks.

A Florida native and longtime Tampa Bay resident, Megan Hendricks graduated from the University of South Florida with a master's degree in business administration. She worked at the USF College of Business and has extensive community experience including the Tampa Bay Partnership's Talent Dividend Advisory Board, Greater Tampa Chamber of Commerce, Emerge Tampa Bay, Ekhos, and Bar Camp Tampa. She is a former board member and newsletter editor for Creative Tampa Bay. Megan enjoys telling the stories that make Tampa Bay a unique, diverse cultural experience.