CEO Calls Rise of the Rest Win 'Validation'

Posted: Updated:
120WaterAudit beat nine other startups to win the competition. (photo courtesy TechPoint) 120WaterAudit beat nine other startups to win the competition. (photo courtesy TechPoint)
INDIANAPOLIS -

An Indianapolis-based water quality testing startup has won the Rise of the Rest pitch competition. A panel of judges selected 120WaterAudit, which provides subscription-based water-testing services for residents, schools and utilities, to win the $100,000 investment from AOL co-founder Steve Case. Chief Executive Officer Megan Glover says the win puts the young company on the map and is "validation that what we're doing matters and we need to continue to do it."

Glover launched 120WaterAudit in 2016 along with former ExactTarget co-founder Chris Baggott. The company provides customers with water testing kits that include a water collection bottle designed to be filled and sent back for testing. Results are typically typically given to the customer within two weeks.

In an interview with Inside INdiana Business, Glover says water quality is a trillion dollar problem throughout the United States. She says she believes having an idea that works to improve public health helped to make her company stand out from the nine other companies involved in the competition.

"Water is one of the most, if not the most, vital thing to our well-being and our everyday life and the systems and processes that (are in use) today are broken," said Glover. "So we're helping improve those processes and honestly at the end of the day, as cliche as it sounds, it makes the world a better place."

Glover says, in addition to her company, the Rise of the Rest competition puts the Indianapolis tech scene on the map.

"I've been in the tech community for over a decade and, honestly, I've never had a reason to leave," she said. "We are just so fortunate in Indianapolis to have such a thriving technology community across such diverse verticals. We saw a portable electric company pitched today, an insurance company, a political company, marketing tech, and I just think this competition validates what we've already known."

The $100,000 investment comes from AOL co-founder Steve Case and his Washington D.C.-based venture capital firm, Revolution LLC. In an interview with Inside INdiana Business earlier in the day Thursday, Case said the competition is about telling the story of the lesser-known entrepreneurial hotspots.

Glover says the public health aspect of the company helped it stand out in the competition.
  • Perspectives

    • Encourage New College Graduates to Explore Careers Locally

      Summertime is my favorite time of year, with all of the outdoor events, concerts and activities in and around Indianapolis. Summer is also a pivotal time of year for thousands of Indiana college graduates as they look forward to moving into the next phase of their adult lives. For many college graduates, the next step after graduation is starting a career. Many graduates from Indiana colleges and universities have also grown up in Indiana. Now they want a change. Perhaps the lure of...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy of Taylor University)

      Taylor University President to Resign

      The president of Taylor University is stepping down. The university's board of trustees says Paul Lowell Haines has resigned from the position and will leave the Upland campus August 15. A specific reason for Haines' resignation was not given, however the Board Chair Paige Cunningham noted the move was "neither solicited nor encouraged" by the board. Haines graduated from Taylor in 1975. He later held various positions at the university including vice president for...

    • Plans for the land-based casino were announced in November 2015.

      Hoosier Casino Parents Announce Major Merger

      The Nevada-based parents of several Indiana casinos have announced plans to merge. Eldorado Resorts Inc. (Nasdaq: ERI) says it will acquire the outstanding shares of Caesars Entertainment Corp. (Nasdaq: CZR) in a deal valued at more than $17 billion. Eldorado owns the Tropicana Evansville casino, while Caesars owns the Horseshoe casinos in Hammond and Harrison County, as well as Indiana Grand Racing & Casino in Shelbyville and Hoosier Park Racing & Casino in Anderson.

    • Indy to Host National League of Cities Meeting

      Hundreds of Leading Mayors, Councilmembers from Across America Convene in Indianapolis for National League of Cities Meeting Indianapolis will host nearly 300 mayors, councilmembers and other local leaders from across the country for the National League of Cities 2019 Summer Board & Leadership Meeting.

    • (photo courtesy of Dan McGowan)

      New OCRA Pilot Focuses on Quality of Life Mentorship

      A new pilot program from the Indiana Office of Community and Rural Affairs aims to boost quality of life collaboration. The Peer program will match two Hoosier communities with one serving as a mentor to the other to help address the challenges associated with putting a quality of life initiative into action. OCRA says the goal of the program is for local leadership to gather best practices and the tools "to advance an innovative vision."

    • Franciscan Health Details Data Breach

      Mishawaka-based Franciscan Health is providing details of a data breach. The health system says an internal investigation found one of its employees accessed the protected health information of about 2,200 patients "without a business reason."  Franciscan says the vast majority of the affected medical records was limited to demographic information such as name, address, email address, date of birth, phone number, gender, race/ethnicity, the last four digits of...