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Software and sunscreen are among 6 Capital Innovators investments

Software and sunscreen are among 6 Capital Innovators investments

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Capital Innovators, a five-year-old St. Louis accelerator for technology and consumer products, announced its fall class of six startups Monday.

Two of the companies are based in St. Louis; the others will send their founders here for a 12-week mentoring program. Capital Innovators invests $50,000 in each company.

Brian Dixon, chief operating officer, said the fund got hundreds of applications from 20 countries. He views the volume of applicants as "a positive sign that our brand recognition is spreading."

The companies selected are:

  • Appbase, a St. Louis company that makes database software to power internet-of-things applications.
  • Collabra, of Louisville, Ky., a maker of collaboration software for music instructors.
  • Heartbeatan Israeli company with software that lets doctors and nurses monitor their patients remotely.
  • RippleNami, based in San Diego, a mapping software company that works in developing countries.
  • Stratifunda Minneapolis firm that provides reports, research and ratings to investors in crowdfunding deals.
  • Sunstation USA, a St. Louis startup that sells a sunscreen dispenser designed for use in parks and other public places.

With the addition of the fall class, Capital Innovators has invested in 70 companies. In May, the fund said its portfolio companies employed more than 600 people in the St. Louis area and had raised $175 million from outside investors.

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