January 2024 - SEA Bootcamp Cohort, Couplet Coffee & Community News
We're delighted to welcome the teams selected for our Bali and Singapore Social Innovation Bootcamp starting on January 20th, 2024. The Bootcamp will help entrepreneurs solve social, health and environmental problems in Southeast Asia and Bangladesh. 🚀
Congratulations to the teams selected for our Bali and Singapore Social Innovation Bootcamp! 🎉
Cheers to the BonBillo Alumni and Community on their impact! 💥
- Alumni Network: 116 founders and growth leaders from 65 startup alumni teams across North America, Africa, South Asia and Latin America contributing towards 12 out of the 17 U.N. Sustainable Development Goals.
- Diversity: 78% of alumni teams include people of color (POC) founders and 54% include women founders.
- Survival %: 91% of alumni startups launched are still in business.
- Funding and Valuation: BonBillo alumni and community startups have collectively raised over $74 million and are valued at over $131 million based on priced fundraises.
Couplet Coffee - Making specialty coffee less pretentious and more accessible
Gefen Skolnick, Founder and CEO, shares her journey founding Couplet Coffee, an LGBTQ+ and woman-led lifestyle brand that aims to make specialty coffee less pretentious and more accessible.
After graduating from Santa Monica College, Gefen went on to study Computer Science and Linguistics at UCLA with the goal of founding her own AI startup. In 2020, she took a semester off from her studies to work at Tesla in the Bay area.
When the Covid pandemic hit in March that year, Gefen used it as an opportunity to reflect and came to the realization that even though she had one of the most sought after roles in tech, she wasn’t entirely happy. While continuing her studies at UCLA, Gefen started to explore a startup concept focused on a cup of coffee. She shares that coffee has always been her love language and escape from work and school.
At the beginning of 2021, Gefen decided to take the leap and founded Couplet Coffee, a specialty coffee and lifestyle brand. From the start Gefen wanted to make sure that they were building something that was inclusive and fun. The coffee industry is a crowded market and there are many reasons why someone would choose not to start a coffee company, but Gefen saw an opportunity for innovation within the market.
Since launching in 2020, Couplet Coffee has become the best selling product on Fellow Products Marketplace while being the youngest brand on the platform. That showed Gefen and the team that they have a really premium, high-quality coffee that people enjoy.
Read more and watch highlights of Gefen's founder journey building Couplet Coffee on the BonBillo blog:
https://www.bonbillo.com/blog/couplet-coffee-founder-story
Congrats to BonBillo alumni and community members on their wins! 🏆
EatWell Meal Kits recently launched a new program in partnership with UMass Memorial Health to serve the "Hospital at Home" population to ensure patients who are high risk, but don't require immediate acute care, have access to the nutritious foods they need. Since its inception, EatWell Meal Kits has successfully delivered over 100,000 meals.
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PriyoShop, a B2B marketplace in Bangladesh that empowers small retailers by connecting them directly to suppliers and providing embedded financing, has reached a significant milestone, impacting 50,000+ MSMEs in Bangladesh. With an average of 150 daily customers per MSME, their influence now extends to 7,500,000 individuals daily.
Surakshitu Solutions Private Limited helps employers and aggregators in India provide financial security to their unorganised workforce by providing relevant financial products at an affordable cost. They were selected to partcipate in Impact Orbit - the Social Incubation Track at NSRCEL IIMB.
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