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

    • Indiana's Workforce is Mission: Critical

      Indiana is ranked the #10 Best Place to Do Business, #4 for Quality of Life, #1 for Regulatory Environment and #2 for Software Job Growth. Indianapolis is ranked #3 for Tech Jobs for Women. We have four of the top 25 Best Places to live in America, with my hometown of Fishers topping the list. Yet, in spite of these amazing rankings, we have some serious challenges to overcome within our economic development ecosystem, not the least of which is skilling up a workforce to meet demand.

    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

    • 'Best Places' in Indiana Reaches Record

      The Indiana Chamber of Commerce has released the 2018 list of Best Places to Work in Indiana. A record 125 companies are being honored this year and more than 50 are first-timers or returning after a year or more off the list. Employers in over two dozen communities are represented and the chamber will unveil the rankings of the Best Places honorees during a May 3 awards dinner at the Indiana Convention Center in downtown Indianapolis.

    • Cook Details Major Realignment

      The president of Bloomington-based Cook Medical says changes to the company's organizational structure will drive more rapid technology innovation and continued growth. Cook is restructuring from 10 business units to two divisions, a move that will impact sales, marketing, research and development, and customer service teams. It will also establishing new distribution channel management and medical education teams. In an interview with Inside INdiana Business, Pete Yonkman said...

    • Indiana's Workforce is Mission: Critical

      Indiana is ranked the #10 Best Place to Do Business, #4 for Quality of Life, #1 for Regulatory Environment and #2 for Software Job Growth. Indianapolis is ranked #3 for Tech Jobs for Women. We have four of the top 25 Best Places to live in America, with my hometown of Fishers topping the list. Yet, in spite of these amazing rankings, we have some serious challenges to overcome within our economic development ecosystem, not the least of which is skilling up a workforce to meet demand.

    • Cummins to Design Combat Engines That Elude the Enemy

      The monstrous, larger-than-life military tanks of tomorrow could be powered by Hoosier ingenuity. A recent $47 million defense contract delivers marching orders for Columbus-based Cummins Inc.: develop the next-generation engine to power U.S. combat vehicles, and it must be stronger, but smaller, and elusive to enemies’ efforts to spot it. 

    • Hendrickson Leaves State Personnel Department

      Indiana State Personnel Department Director Brandye Hendrickson has been appointed deputy administrator of the Federal Highway Administration. Governor Eric Holcomb appointed Hendrickson INSPD director in January. Prior to that, she worked at the Indiana Department of Transportation in various roles since 2006—including INDOT commissioner from 2015 to 2017.