Category Archives: Press

Preccelerator Chairman and Board Member Scott Alderton Featured on SoCalTech

socaltechPreccelerator Chairman and Board Member and Stubbs Alderton & Markiles’ Managing Partner, Scott Alderton, was featured this month on SocalTech Interviews series. In his interview with Ben Kuo, founder and editor of SoCalTech.com, Scott discusses the Preccelerator Program and its offerings, as well as his top pieces of advice for startup entrepreneurs.

Scott Alderton is a Founding Partner of the Firm, Managing Partner, and a member of the Firm’s executive committee.  Scott is co-chair of the Firm’s Venture Capital and Emerging Growth practice group. Scott is also Chairman and a Board Member of the Preccelerator.

Scott advises clients across a number of industries, including software, technology, digital media, interactive entertainment and video games, cyber security and life sciences.

Scott’s practice focuses on advising early stage to middle-market technology and emerging growth companies in all aspects of capital formation, venture capital and finance, corporate and securities laws, mergers and acquisitions, high technology, intellectual property, licensing, interactive entertainment and video games, the internet,digital media, manufacturing and distribution of goods in commerce and commercial contracts. Scott also regularly advises senior executive officers with respect to employment, compensation and equity incentives.  Scott is frequently referenced as one of the top “start-up” lawyers in Southern California, and with over thirty years of experience working with technology and emerging growth companies at all stages along their evolutionary path, is sought out for his business as well as legal advice.

Scott is a frequent speaker on matters relating to technology, intellectual property, capital formation, capital raising transactions and emerging growth companies, and was formerly an adjunct professor of law at Loyola Law school, teaching securities regulation.

To learn more about our Venture Capital & Emerging Growth practice, contact Scott Alderton at (818) 444-4500 or salderton@stubbsalderton.com

Preccelerator Company Checkplis and Founder Abner Flores Featured on SoCal Tech

checkplisPreccelerator company Checkplis and founder Abner Flores were featured this past week on SoCal Tech’s new video interview series. Checkplis is an early, bootstrapped startup developing software for mobile payment and restaurant maintenance. Checkplis and founder Abner Flores are part of Class 10 of the Preccelerator.

To view Abner’s interview visit here. 

About Checkplis
Checkplis believes people should feel like they are visiting friends when they go out for a meal or drinks with their friends. It’s all about the experience. They are solving the last mile problem of the hospitality industry service. Whether a solo lunch, a brunch with girlfriends or a table with friends at a club, paying the check can ruin what otherwise would be a great experience after an amazing meal or drinks with friends. Checkplis is a mobile app integrated into POS systems so customers can pay, tip and split the check themselves, all from their phones. They are strategic partners and experience creators for restaurant, bar and nightclub industry leaders. Visit www.checkplis.com

Preccelerator Company Trufl and Founder Tavio Hobson Featured on SoCal Tech

truflPreccelerator company Trufl and founder Tavio Hobson were featured this past week on SoCal Tech’s new video interview series. Trufl is an on-demand seating platform that allows guests to wait less at busy restaurants by bidding on the next available table. Tavio and Trufl are part of Class 11 of the Preccelerator.

To view Tavio’s interview visit here. 

About Trufl
Trufl is an on-demand seating platform that allows guests to wait less at busy restaurants by bidding on the next available table. The total amount bid may be used as a credit towards their food and beverage dining experience. The Trufl platform includes a guest profile CRM system that allows restaurants to create a more personalized hospitality experience. Trufl also allows restaurants to managed their waitlist, seated guests, and floor plan. Visit www.truflapp.com

 

The Preccelerator® and SAM Venture Partners Featured In LA Business Journal “Law Firms Find Fit With Venture Capital Funds”

SAM Venture Partners and the Preccelerator were featured this week in an article by the LA Business Journal entitled “Law Firms Find Fit with Venture Capital Funds.”

“Several law firms in Los Angeles have created venture capital outfits that invest in early-stage startups and offer legal advice in exchange for equity stakes in the companies. These offshoots at firms such as Stubbs Alderton & Markiles and Manatt Phelps & Phillips are not necessarily huge revenue generators, lawyers at the firms said. But the venture capital initiatives — as well as accelerator and incubator programs tied to the operations — offer access to a pool of new clients, and relationships formed with executives at startups can lead to a steady billing stream down the line.”

To read the full article, visit here.

For more information about SAM Venture Partners or the Preccelerator contact Heidi Hubbeling at hhubbeling@stubbsalderton.com

Preccelerator Alumni RentSpree Automates Tenant Screening Across all 50 States

Preccelerator alumni RentSpree announced this week that as of 2019 their ground-breaking technology is now available and in the hands of real estate professionals across all 50 states. To overhaul an industry as old as real estate is no easy feat but that is exactly what they have done.

After first teaming up in 2017, zipLogix™ and RentSpree are now expanding their efforts to automate rental transactions. Since launch, the successful integration has benefited thousands of agents nationwide.

The improved relationship comes on the heels of the launch of an online version of the California Association of REALTORS® rental application and will entail exciting new integrations to address the growing US rental market.

To read the full press release visit here.

Los Angeles-based RentSpree is a real estate technology company that has created a proprietary platform allowing agents and owners to seamlessly screen and verify tenants. The award-winning tool automates the lease application process for agents by providing a 24/7, one-stop system for screening applicants. For more information visit www.RentSpree.com

For more information about the Preccelerator and its offerings, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com

RentSpree

Preccelerator® MBA Student Internship Opportunity – Applications Open!

Preccelerator

 

MBA Student Intern – Preccelerator® Program, LLC

Time frame:  March 2019 through September 2019

Compensation: $20/hr and/or for-credit through University

Direct Report: Heidi Hubbeling hhubbeling@stubbsalderton.com COO, Preccelerator® Program

 Description:

Exciting opportunity at one of Los Angeles’ top startup accelerators – the Preccelerator® Program, based in beautiful Santa Monica, CA.  The Preccelerator provides initial capital, sophisticated legal services, a strategic perks portfolio, mentorship, targeted curriculum and office space for the 6-month term for up to 5 promising young startups.

The intern will work closely with the Chief Operating Officer, the President of the Program, and the Director of Business Affairs, and other team members on the review and selection of incoming initial applications to the Program.  The intern will be trained how to select companies based on set criteria, conduct initial interviews with other team members, and will be allowed to shadow and provide feedback during the final selection round with the venture investment committee.  When there are opportunities for additional research and analysis of specific market data, competition and industries for applicants, the intern will be requested to do that research and provide feedback to the investment team.  The intern will also compile a matrix of interviewed companies to present to the investment committee prior to the selection of second round company candidates.

The intern will also shadow the COO in business and investment strategy meetings with individual companies, as well as attending monthly accountability meetings with the group of cohort companies.  If there are specific needs that the cohort companies have, where the intern can be of assistance, the intern will have the opportunity to work with the individual founders.  This may include strategy sessions, financial modeling, refinement of business plans, market analysis, etc.

Qualifications:

  • Be a current student in a top-tier MBA program
  • Strong analytical skills and experience with financial modeling and market analysis
  • Excellent business sense and ability to understand and resolve complex business issues
  • Excellent written and verbal communication skills and ability to present themselves well in an executive setting and interview setting.
  • Knowledge and passion for working with startups in the digital media & technology sectors.

Preccelerator Program, LLC parent company Stubbs Alderton & Markiles, LLP is an equal opportunity employer.  All persons will receive consideration for employment without regard to race, color, religion, gender, pregnancy, national origin, ancestry, citizenship, age, legally protected physical or mental disability, covered veteran status, status in the U.S. uniformed services, sexual orientation, gender identity, marital status, genetic information or membership in any other legally protected category.

If interested, send resume to Heidi Hubbeling, hhubbeling@stubbsalderton.com

 

SA&M Preccelerator Featured on Built in LA

Built in LAThe Preccelerator was featured on Built in LA’s Tech Roundup last week after announcing the expansion of their perk’s package for its next class of early-stage startups. The package includes an unrestricted cash investment of $25,000 to each participant company and will add to the already robust perks package $25,000 in legal services from Stubbs Alderton & Markiles, LLP.

To read the full article visit here.

Online applications for the Preccelerator Program are now open! To qualify for acceptance, please fill out our online application. Once submitted, someone from our review committee will contact you. Deadline for application submissions for Class 11 is December 4, 2018. The start date for Class 11 is January 7, 2019.
You may submit your company application at www.preccelerator.com/application.

To learn more about the Preccelerator® Program, contact Heidi Hubbeling, COO at hhubbeling@stubbsalderton.com

SA&M Preccelerator® Announces Addition of $50,000 Cash and Services Investment to Program Offerings

Preccelerator

The Preccelerator® has added a cash component and legal services to its already robust package of offerings for early-stage startups

LOS ANGELES, Calif., November 8th, 2018 (Newswire.com) – The Preccelerator® Program, an early-stage startup accelerator focused on technology and digital media companies, announced today that, with its next class starting in January 2019, it will provide an unrestricted cash investment of $25,000 to each participant company, and will add to the already robust perks package $25,000 in legal services from Stubbs Alderton & Markiles, LLP. The addition of the investment and services demonstrates a continued commitment to the Los Angeles tech community by Stubbs Alderton & Markiles, LLP and the Preccelerator.

The cash investment and additional services will go into effect for Class 11 companies, with the class beginning on January 7th, 2019. The application period has been reopened for any founders interested in submitting their companies for review. The application deadline is December 4, 2018. You may submit your company application at www.preccelerator.com/application.

This announcement comes a few months after the expansion to the new Preccelerator office, located at 1316 3rd Street Promenade, which both increased the co-working space for in-house companies and increased event space. The Preccelerator remains strategically in the heart of Santa Monica to provide a technology hub that is close to many valuable educational and networking events, tech culture and other resources to facilitate company growth.

In 2012, Stubbs Alderton & Markiles launched the first-of-its-kind Preccelerator® Program to provide select start-ups with co-working space, mentorship, sophisticated legal services, curriculum and access to a strategic perks portfolio with the objective of helping grow a founder’s idea from business concept to a funded company. Over the past six years, 39 companies have graduated the Program, 27 of which have received funding, totaling over $12.5M in the aggregate.

Scott Alderton, managing Partner of Stubbs Alderton & Markiles and Chairman of the Preccelerator commented, “An investment component is a natural outgrowth to the already robust package we offer participating companies in the Preccelerator, and frankly, is long overdue. We continue to evaluate ways we can serve the technology community and obviously a cash investment goes a long way towards the likelihood that participants in the Preccelerator will ultimately raise a significant round and become successful. The success we are seeing in the Program gives us great confidence, so we are doubling down on our commitment.”

About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a Southern California-based business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property and business litigation practice groups focusing on the representation of, among others, venture- backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent a broad range of industries with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. The firm’s mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of the firm. For more information, visit http://stubbsalderton.com.

About the Preccelerator® Program
The Preccelerator® is a novel platform offered to select start-up companies out of
the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space, sophisticated legal services, education, networking, mentorship and $450,000 in usable perks from Google Cloud for Startups, Amazon Web Services, and HubSpot among others, with the objective of helping grow a founder’s idea from business concept to funded startup. The program also retains more than 100 active strategic mentors providing free office hours and discounted services, and provides over 75-plus educational workshops and networking events each year. The Program expanded in 2017 to accept a greater number of companies in more formalized classes, depending upon where the companies are in their evolutionary growth, and expanded benefits to accepted companies. To apply to the Preccelerator, visit www.preccelerator.com/application.

To read the full press release, click here.

Contact:
Heidi Hubbeling
Chief Operating Officer, Preccelerator® Program
hhubbeling@stubbsalderton.com
310-746-9803

SA&M Preccelerator ® Program Announces Milestone Tenth Class of Companies + Location Move!

To accommodate this growth, Stubbs Alderton & Markiles’ accelerator, The Preccelerator, is moving to expand its coworking space for companies in Santa Monica.

PrecceleratorLOS ANGELES, Calif., August 6, 2018 (Newswire.com) – The Preccelerator® Program, a Santa Monica, California-based early-stage startup accelerator focused on digital media and technology companies, announced today that it is moving its Santa Monica offices as a result of its growth as it adds its milestone tenth class of companies featuring six innovative startups including AlgoPay, CheckPlis, HaloLoop, Screen Door Labs, Star Metrics and UNOMI.

The new Preccelerator office, located at 1316 3rd Street Promenade Suite 107, both increases the co-working space for the in-house companies and increases event space. The Preccelerator strategically remains in the heart of Santa Monica to provide a technology hub that is close to many valuable educational and networking events, tech culture and other resources to facilitate their growth. The expansion also demonstrates the continued commitment to the Los Angeles tech community that Stubbs Alderton & Markiles, LLP is well known for. To celebrate the tenth class milestone and new office, the Preccelerator will host an open house in September.

In 2012 Stubbs Alderton & Markiles launched the first-of-its-kind Preccelerator® Program to provide select start-ups with co-working space, mentorship, sophisticated legal services, curriculum and access to a strategic perks portfolio with the objective of helping grow a founder’s idea from business concept to a funded company. Over the past six years, 37 companies have graduated the Program, of which 26 have received funding totaling over $11.5M.

Scott Alderton, managing Partner of Stubbs Alderton & Markiles and Chairman of the Preccelerator commented, “When we founded the Preccelerator in 2012, and convinced 3 fledgling startups to move into our space and work with us, we had no idea we could end up where the Preccelerator is today. We conceived this model of offering co-working office space in conjunction with sophisticated startup legal services. We now offer that plus access to over 100 seasoned mentors that actively assist in growth and success, a sophisticated curriculum, access to our network of investors through investment strategy sessions, Meet the VC Luncheons, Demo Day and targeted investor introductions, plus a robust Preccelerator Perks Portfolio with over $450,000 worth of discounted services and benefits to help our cohorts succeed and cut overhead expenses. To say the very least, I’m incredibly proud of what our team has created, and the leadership we demonstrate every day in the Los Angeles tech community.”

Preccelerator® Program Class 10 companies include:

AlgoPay is a borderless e-bank that enables refugees to store and withdraw payments from anywhere. Along with not having access to standard payment systems like PayPal, a majority of refugees also have no place to store their income. On the macro-scale, there’s a borderless population of 67 million unbanked individuals, and on the micro-scale, some of the world’s most vulnerable people are carrying all of their savings in cash with no place to manage funds. AlgoPay operates like both an e-wallet and an ATM. Users can store their income in AlgoPay’s digital wallet, and similar to Western Union, they can withdraw payments at any Algo vendor location— totally bankless. Algo Pay is currently running pilots in Turkey + Jordan and have signed a partnership with UpWork as the first user of Algo’s payment network.

CheckPlis believes people should feel like they are visiting friends when they go out for a meal or drinks. It’s all about the experience. Checkplis is a mobile app integrated into POS systems enabling customers to pay, tip and split the check themselves, all from their phones. Checkplis increases table turnover and efficiency for restaurants and bars and simplifies the checkout experience for consumers.

HaloLoop is a Santa Monica based mobile software company that is reinventing the way people and religious organizations engage with each other. We are a marketplace and live streaming service where people can help others connect to live religious services and donate.
Screen Door Labs created ARescue, an Augmented Reality team communication software for “boots on the ground”. Built for first responders, the system organizes and displays data onto AR glasses. First responders have access to 2D and 3D maps, as well as geotags and video, feeds from drone operators and other responders. ARescue allows first responders to work safer, respond faster, and communicate better as a team.

Star Metrics is an entertainment analytics platform and suite of tools designed to make the casting, financing and forecasting process easier for content creators. With StarMetrics, users can easily discover new talent and understand the value of actors, directors and other entertainers across many data points, such as international appeal, social media reach, or box office impact. StarMetrics provides predictive intelligence and analytics that empowers creators, advertisers, investors and other stakeholders to succeed in an increasingly global and complex content marketplace.

UNOMI is a SaaS for animators and video game developers. UNOMI leverages advanced voice recognition and motion capture technology that automates a lot of the most time-consuming aspects of animation production. Our voice recognition software understands human speech in multiple languages. This allows animators to easily create the speech of multiple 2D and 3D animated characters and for some, UNOMI gives them the ability to create content on a daily basis. UNOMI’s motion capture software will give content creators the ability to easily track human movement within their home or studio, which will eliminate the need to rent expensive motion capture studio space and equipment. Large-scale animation studios will be able to drastically reduce costs allowing them to create more content in a significantly shorter amount of time. UNOMI will also be releasing an Augmented Reality and VR, 3D object plugin for Adobe software which will allow users to easily implement and animate 3D objects quickly and easily. Each UNOMI software will be intuitive, which will eliminate a learning curve for most users.

For more information about the Preccelerator® Program, visit
www.preccelerator.com.

About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a Southern California-based business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property and business litigation practice groups focusing on the representation of, among others, venture- backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent a broad range of industries with a concentration in the technology, entertainment, video game, apparel and medical device sectors. The firm’s mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of the firm. For more information, visit https://preccelerator.com.

About the Preccelerator® Program
The Preccelerator® is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space, sophisticated legal services, education, networking, mentorship and $450,000 in usable perks from Google Cloud for Startups, Amazon Web Services, and HubSpot among others, with the objective of helping grow a founder’s idea from business concept to funded startup. The program also retains more than 100 active strategic mentors providing free office hours and discounted services, and provides over 75-plus educational workshops and networking events each year. The Program expanded in 2017 to accept a greater number of companies in more formalized classes, depending upon where the companies are in their evolutionary growth, and expanded benefits to accepted companies. To apply to the Preccelerator, visit www.preccelerator.com/application.

Contact:
Heidi Hubbeling
Chief Operating Officer, Preccelerator® Program
hhubbeling@stubbsalderton.com
310-746-9803

SAM Preccelerator Announces Seventh Class of Companies

PrecceleratorThe Preccelerator® Program, a Santa Monica, CA based accelerator program for early stage startup companies in the digital media and technology space, announced today that it has added its seventh class of companies featuring four innovative startups.

In 2012 Stubbs Alderton & Markiles launched the first-of-its kind Preccelerator® Program to provide select start-ups with co-working space, mentorship, sophisticated legal services, a full curriculum, user testing sessions, and access to a strategic perks portfolio with the objective of helping grow a founder’s idea from business concept to a funded company. The Preccelerator has 6 month terms, and adds new companies every 3 months for overlapping terms.   Over the past five years, 22 companies have graduated the Program, of which 18 have received funding totaling over $9M.

Preccelerator® Program Class 7 companies include:

nēdl uses proprietary Speech Recognition to let you search within 100,000+ live news, sports, talk, and music broadcast streams to find what you want and listen to the stream or add your unique voice to the global real-time database for instant discovery.  Visit www.findnedl.com

 

Emerging Visual Realities (EVRealities) delivers 360o Video/Virtual Reality content directly to you. Current events and topics that turn our world – captured in VR – are delivered directly to your editorial and content team for licensing. EVRealities’ global creator community streamlines VR content creation and discovery for your editorial team to develop compelling VR stories for daily publication. An EVRealities membership provides full access to our WebVR gallery, delivery of fresh content, and licensing packages. WebVR previews allows your distributed teams to go beyond the thumbnail and experience the emotional composition of content from anywhere in the world, with or without a headset. Visit www.evrealities.com 

LineForLine is a SaaS platform for music promotion that gives artists the ability to share parts of their songs as lyric video clips. These audiovisual snippets of lyrics with sound are intended to be shared as a form of music discovery and promotion. With a growing demand for visual content, the LineForLine team believes these clips are the best way to accomplish their mission of helping people listen and connect to the message of an artist’s music.  Visit www.lineforline.com

Ca$het –  CA$Het is a multi-services platform (MSP) that allows users to identify, curate, and monetize products in movies and TV shows.  We believe that the entertainment industry creates tremendous value by associating characters and products on screen.  The emotional impact created when actors and products interact has been impossible to monetize due to a lack of a suitable mechanism and marketplace.  We aim to change that through our platform. CA$Het provides a mechanism to quickly and accurately identify on screen products while simultaneously creating the marketplace where they can be purchased. (Coming Soon!)

For more information about the Preccelerator® Program, visit www.preccelerator.com

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a Southern California based business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent a broad range of industries with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. The firm’s mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of the firm. For more information, visit https://preccelerator.com.

About the Preccelerator® Program

The Preccelerator® is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space, sophisticated legal services, education, networking, mentorship and $250,000 in usable perks from Google Cloud for Startups, Amazon Web Services, and HubSpot among others, with the objective of helping grow a founder’s idea from business concept to funded startup. The program also retains more than 50 active strategic mentors providing free office hours and discounted services, and provides over 50+ educational workshops and networking events each year. The Program expanded in 2017 to accept a greater number of companies in more formalized classes, depending upon where the companies are in their evolutionary growth, expand benefits to accepted companies, and will look to make strategic investments backed by strategic angel investors. To apply to the Preccelerator, visit www.preccelerator.com/application.

Contact:

Heidi Hubbeling
Chief Operating Officer, Preccelerator® Program
hhubbeling@100.26.91.60
310-746-9803