ARIZONA NEWS

Tallwave selects startups for training in Phoenix’s Luhrs complex

Apr 12, 2015, 1:38 PM | Updated: 1:38 pm

...

Tallwave, a Scottsdale-based venture development and capital company, recently selected five digital technology startup companies for its High Tide training program at Luhrs City Center in downtown Phoenix.

The early-stage startups include Pikfly, DuuL, HumansFirst, MESH Digital and Elly. Tallwave chose the companies from 75 applicants. Three are Arizona based.

The program, which runs from April to June, allows the startups free use of a workspace in Luhrs Tower, where they will focus on prototype building, marketplace testing, sales workshops, branding and customer validation.

At the end of the High Tide program, two startups will be eligible for $50,000 in seed funding.

Jeffrey Pruitt, CEO of Tallwave, said the High Tide program was announced in January through a partnership with Hansji Corp., which owns the Luhrs building and wanted to highlight it as an innovation hub.

“There is so much going on in downtown Phoenix with the light rail and a lot of business being down there,” Pruitt said. “There’s great energy. It was a right fit for Tallwave.”

Company officials selected the startups based a number of factors, including marketplace, the ability to grow, the founders and the product, he said.

“The High Tide program is a tool for entrepreneurs to move forward thoughtfully with less risk,” he said. “But it’s a tool. It doesn’t take away from the fact that entrepreneurs are the ones taking a risk to fight for a dream or idea.”

Scottsdale-based HumansFirst aims to build a second version of its HER app during the Tallwave program.

Gregory Goehner, president of Humans First, said the HER app allows consumers to shop and purchase items online by voice.

Goehner said consumers leave more than $4 trillion worth of merchandise in online shopping carts each year because of the difficulty of online check out. He said HER can help ease that process.

He said there has been tremendous growth with startups, especially at Arizona State University and SkySong, the ASU Scottsdale Innovation Center.

“To be one of five chosen is a stamp of approval, credibility, and we’re excited and honored to be part o the program,” he said.

Phoenix-based PikFly, a startup that launched last week, features an online marketplace that allows consumers to shop at local, independent merchants and receive same day delivery for products.

“We wanted to work with local only, micro merchants because there is a significant need to help them,” CEO Mike Auger said. “What’s happening is large retailers are squeezing them out of the market by bringing same day delivery to the marketplace.”

He said there is a significant need for startups to have access to high level education and resources, which is why he applied for the High Tide program.

“It was really an obvious choice for us to apply, and we couldn’t be more happy to be selected,” he said. “Universities, as well as government and cities are getting behind technology. (Phoenix has) all the right ingredients to make it work for a lot of people.”

Pruitt said he hopes to continue the High Tide program for startups in Phoenix.

“Opportunities (for startups) in the community get a lot better every year,” he said. “We’re seeing much more connectivity in Arizona than I’ve ever seen before with funding groups coming together. ‘A’ round funding can come from somewhere else and not move you out of the state.”

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Glendale Mayor Jerry Weiers holds the supersized scissors at the ribbon cutting at Glendale's newly...

Damon Allred

Glendale officials cut ribbon at newly renovated city court

Glendale officials welcomed a newly updated courthouse, as city leaders cut the ribbon at the public service building.

2 hours ago

indicted in fake elector scheme Arizona Republicans...

KTAR.com

State grand jury indicts 11 Arizona Republicans in fake elector investigation

Eleven defendants were indicted in a fake elector scheme on Wednesday, according to Arizona Attorney General Kris Mayes.

4 hours ago

Boy injured after hit-and-run died, Glendale police say...

KTAR.com

13-year-old boy hit by truck in Glendale 2 weeks ago dies

The Glendale Police Department announced that a 13-year-old boy injured by a hit-and-run died on Tuesday after two weeks in the hospital.

6 hours ago

Image shows Chucho Produce facility in Nogales. (Chucho Produce)...

SuElen Rivera

4 Arizona businesses get nearly $1M from USDA for clean energy projects

The funding totaling $975,000 was provided by the Inflation Reduction Act, according to the Department of Agriculture.

8 hours ago

A collage of photos showing a wooden raft, a headshot of Thomas L. Robison, and a photo of the miss...

KTAR.com

Man who may have taken homemade raft onto Colorado River in Arizona goes missing

A man who may have been trying to float down the Colorado River with his dog on a homemade raft is missing.

9 hours ago

Split image of the Arizona flag on the left and state Rep. Matt Gress on the House floor April 24, ...

KTAR.com

Democrats in Arizona House get enough GOP help to pass bill to repeal near-total abortion ban

Arizona House Democrats, with help from a few Republicans, passed a bill Wednesday to repeal the state’s near-total abortion ban.

10 hours ago

Sponsored Articles

...

COLLINS COMFORT MASTERS

Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

Tallwave selects startups for training in Phoenix’s Luhrs complex