State of Hybopay: Sept 2024
The first half of 2024 was a turbulent quarter for AI and, frankly, for the entire world. Despite the very real chaos, many companies and innovators rallied in response.
The global economies have seen significant growth in AI across all sectors. Next to this, there have been massive advancements in recognizing the importance of data like the discovery of neutron in its relation to an atom.
Hybopay is a one-stop solution for hassle-free management of business.
NYC venture summit
Hybopay had amazing days at New York’s Venture Summit conference, after having 7 talks with VCs and clients in New York we moved on to head towards the top-notch VCs in the US.
Chestnut Street Venture Â
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Hybopay spoke with Brian from Chestnut Street Venture, one of the biggest Alumni Venture companies, which originated from Penn State University Chestnut manages a 7 billion USD fund across the United States. Â As a result of our talks with Chestnut, they will be Co-investor once we have a main investor in our Hybopay company.
Key milestone- Chestnut Street Venture
Brian mentioned that in case a main investor would invest in Hybopay, Chestnut Street Venture would act as a Coinvestor. Hybopay continues to strive for further growth and talks with Chestnut Street Ventures.Â
Eunike Ventures Talks
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Amy Henry CEO of Eunike Ventures invited us for a talk at the Venture Summit.
Eunike Ventures offered Angel talks to Hybopay and a major connection to a Houston-based major Investor.
Osage Ventures Partners
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Evan from Osage, a Philadelphia-based Venture boutique spoke with us, typically invests 1-7 USD million in seed startups, was touched by our product portfolio, and asked for our IM.
Connectic Ventures
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David asked for the MVP timeline and IM.
Tips:
·       Work hard to make revenue
·       start your lead generation
Bigfoot Capital
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Hybopay talked with Carter Hawthorne from Bigfoot Capital.
Key milestone- Bigfoot Capital Street Venture
Bigfoot Capital is a venture firm and a lender, they would be our client as well, taking our software.
Next Steps
As we continue to firm up advisors, we will keep updating our progress toward an MVP along with our commitment to AI Ethics and regulations as AI quickly impacts all aspects of society.