Announcing GCT’s Third Cohort of Startups!
We hope everyone is having a fantastic summer. Please pardon the recent radio silence on our end; we’ve been very busy here at GCT. Today, we announced our third cohort of 19 companies for 2016 – 2017 with fantastic coverage from Business Insider.
Selected from over 1,000 applications, this year’s was our most competitive class to date with a <2% acceptance rate. The 2016 - 2017 class builds on the momentum and excellence of our previous two classes, which collectively have raised ~$90MM and increased in headcount by ~80%. Furthermore, in keeping with GCT objectives, this newest class is not just excellent and poised for success, but diverse as well. Across three classes now, nearly ⅔ (64%) of GCT companies are founded by either a woman, veteran, or person of color.
Taken together with the fact that GCT continues to operate our 45k sq ft Build coworking space for GCT-graduate companies, and that we will be opening the 50k sq ft Hub@GCT this August, GCT now operates the largest, explicitly tech-focused community of startups under one roof that we know of in New York City. That each company is vetted as they walk through the door likewise ensures our curated community is not just large, but also remarkably high achieving.
Put another way… With over 100,000 sq. feet and ~100 premier technology companies under its purview, GCT has built one of the largest, most selective and simultaneously most inclusive verticalized tech ecosystems in the world.
This is a long road to have traveled in two-and-a-half years and we’re deeply appreciative of all of your support in helping us get to this point.
Without further ado then, click here for a brief description of each of the 19 companies in GCT’s 2016 – 2017 class!
Joe is a Partner at Formation 8, a fund which invests in top startups and connects them with Asian conglomerates to drive innovation at a global scale. Joe co-founded Palantir Technologies, a multi-billion dollar software company which develops mission-critical analysis systems used by government and financial organizations around the world. He is also the founder of Addepar, a leader in private wealth management technology.
Michael M. Milstein
Michael M. Milstein is the CEO of Boylan Bottling Co, an artisanal beverage company, and Co-Founder and Chairman of Grand Central Tech. He is also a partner at New York Private Bank & Trust and a partner at Milstein Properties and is on the boards of The Nicklaus Companies and Ostendo Technologies. Philanthropically, Michael serves on a number of boards including the Milstein Medical Asian American Partnership Foundation.
Justin Rockefeller runs Special Relations at Addepar, a company reinventing the tools to aggregate and analyze financial data. In March 2013, Justin cofounded The ImPact, a nonprofit/NGO membership organization comprised of investors who pledge to make impact investments, track their social impact and financial progress, and share those data with others who have made The Pact. He is also a Venture Partner at Richmond Global, a global venture capital firm.
Harrison is a Vice Chairman of LeFrak, a privately owned firm engaged in the ownership, management, and development of real property, the exploration of energy, and investments in securities. Over the past decade, he has helmed LeFrak’s growing activities in the technology investments space and established himself as one of New York’s leading technology thinkers.
As chief executive officer and founder, Andrew is responsible for the overall strategy, vision, and funding of Illumio. With expertise in the areas of network security and compliance management, Andrew is a frequent participant in panels, articles, and podcasts for leading industry events and publications. Prior to Illumio, Andrew was president of Cymtec and led Business Development for VoiceNet, where he was responsible for sales strategy, business development activities, and customer relationship management. Andrew graduated from Washington University in St. Louis with a BSBA in Finance.
Andrew Yang is the author of Smart People Should Build Things and the Founder and CEO of Venture for America. Previously, Andrew was CEO and President of Manhattan GMAT, acquired by the Washington Post/Kaplan in 2009. He was named a Champion of Change by the White House in 2011 for his work with Venture for America and one of Fast Company’s “100 Most Creative People in Business” for 2012 & 2013. He is a graduate of Columbia Law and Brown University.
Anita M. Sands
Dr. Anita M. Sands is a global technology and business leader, public speaker, and advocate for the advancement of women. She is currently a member of the Board of Directors of two public companies – Symantec Corporation, the world’s leader in computer security, a Fortune 500 company; and Service Now, the enterprise IT cloud company. Her career to date in Financial Services saw her being appointed as the youngest ever Senior Vice President at the Royal Bank of Canada, where she served as the Head of Innovation and Process Design.
Rachel Weiss is an award-winning digital professional and recognized thought-leader with vast experience in emerging technology and digital marketing practices. Currently, she is responsible for creating digital marketing and innovation strategy focusing on mobile, social, content and disruptive technologies across L’Oréal USA. She is also responsible for new digital business ventures and partnerships at the company. Weiss leads relationships with VC firms and entrepreneurs to identify first-to-market opportunities for the beauty industry. Weiss is the founder of one of L’Oréal USA’s key initiatives – Women in Digital. This program supports women in the digital space by identifying and celebrating female entrepreneurs advocating digital and IT careers for women along with mentorship programs and testing opportunities.
Dan’l Lewin is a Corporate Vice President at Microsoft, leading the company’s work in civic tech, campaign technologies and academic outreach, which promotes the work of scholars leading the dialogue on technology policy issues. Lewin has executive and site responsibility for the company’s operations in Silicon Valley, which currently employ more than 2,000 people. Lewin has spent more than 30 years as a Silicon Valley-based executive, leading sales and marketing divisions for companies including Apple Computer Inc., NeXT Inc. and GO Corp. Lewin is on the Corporate Advisory Board of the National Venture Capital Association. He holds an AB in politics from Princeton University.
As the Chief Information Officer of Aperture Group, Lance is responsible for developing and implementing the overarching technology strategy needed to support the long term growth of the business. Lance leads a team of technologists that drive software architecture, development and production support as well as infrastructure stability, reliability and security. Prior to joining Aperture Group, Lance was Managing Director, Global Head of Investment Banking Technology at Goldman Sachs Group, Inc and Managing Director at Morgan Stanley, responsible for infrastructure and development organizations in Wealth Management. Lance earned his BA in Mathematics from the University of Rochester, an MS in Physics from Colorado State University, and an MBA from the Wharton School of the University of Pennsylvania.
David Famolari is a Director at Verizon Ventures. Prior to Verizon, David was Vice President at Rutberg & Company, a mobile-focused investment bank, where he headed the private company practice. He also co-founded GoodCompany Ventures, a venture incubator that uses the tools and resources of the venture capital community to help entrepreneurs implement innovative ideas for social impact, and served as a mentor to the Women Innovate Mobile Accelerator program and to the Pipeline Fellowship. David sits on the Technology Advisory Board at Ben Franklin Technology Partners and the Employer Advisory Board at the Wharton School of the University of Pennsylvania. David brings extensive product and engineering expertise to Verizon Ventures, having spent more than 12 years in advanced R&D creating new technologies, leading joint ventures and overseeing innovation programs for commercial, military, and federal clients at Telcordia Technologies, Bellcore and Bell Labs. David has authored more than 50 published papers and is an inventor on over 70 granted and pending patents. David earned a M.S. in Electrical Engineering from Rutgers followed by an M.B.A. from the Wharton School of the University of Pennsylvania. David is based in the New York metro area.
Barbara has over 30 years of nonprofit management experience in the NY-metropolitan area. She is currently the Executive Director of the Office of Workforce Development in the Mayor’s Office, City of New York. Barbara is responsible for engaging leaders from the private sector, agencies, labor unions and community-based organizations to help New Yorkers build skills for in-demand occupations. She also plays a key role in steering the City’s Workforce Development Board and the Center for Youth Employment.
Previously she was CEO of Code to Work, an employer-focused nonprofit venture whose mission is to seed greater diversity in the IT sector by introducing qualified diverse job candidates to employers through a skills-based hiring approach. She also served as Executive Vice President of Per Scholas, the largest IT workforce development organization in New York City, overseeing fundraising and the training program. Barbara began focusing on workforce issues when she was CEO of NPower National and Executive Director of NPower New York. Previous to NPower she held senior leadership positions at the Primary Care Development Corporation in New York City and Planned Parenthood in Nassau County. She holds a Masters in Administration from the University of North Carolina – Chapel Hill and a Bachelors degree from Johns Hopkins University.