EVENT

Rally In-Prize Pitch Competition

2023 IN-Prize Winners Announced

Rally announces the 5 IN-Prize pitch competition finalists chosen to receive up to $1M in investment prizes during the world’s largest global cross-sector innovation conference on August 30-31 in Indianapolis.

Rally IN-Prize Winners

 Ag & Food

PawCo Foods (San Francisco, CA)

 Hardtech

Xponent Power (Fremont, CA)

 Healthcare

myBiometry (Lowell, MA)

 Software

GoodMaps (Louisville, KY)

 Sportstech

EDGE Sound Research (Riverside, CA)

IN-Prize Finalists Announced

Rally announces the 25 IN-Prize pitch competition finalists chosen to vie for up to $5M in investment prizes during the world’s largest global cross-sector innovation conference on August 30-31 in Indianapolis.

Rally received 438 applications from around the world. Finalists represent Argentina, Canada, Estonia, Hungary, Newfoundland, Singapore and the U.S. Fifteen alternates were also selected. 

The 25 IN-Prize competitors will pitch before an audience of venture capitalists, angel investors, entrepreneurs, early adopters, corporate executives, universities, and partners. To evaluate pitches, judges will focus on team experience, business traction, opportunity and creativity. IN-Prize winners will be announced during an awards ceremony on August. 31. 

A special thanks to our IN-Prize Coaches and Advisory Board

Rally IN-Prize Finalists

 Ag & Food

BioEutectics (Mendoza, Argentina)

PawCo Foods (San Francisco, CA)

Revival Food Co. (Indianapolis, IN)

TeOra (Singapore)

VAE Labs (New York, NY)

 Hardtech

Mi Terro (Los Angeles, CA)

OmniVis (South San Francisco, CA)

PolyXLabs (Budapest, Hungary)

WEST X EAST (Brooklyn, NY)

Xponent Power (Fremont, CA)

 Healthcare

Kovina Therapeutics (Indianapolis, IN)

myBiometry (Lowell, MA)

PragmaClin Research Inc. (St. John’s, Newfoundland)

Pulse Charter Connect (Chicago, IL)

Vital View Technologies (South Bend, IN)

 Software

ALTAVOD (Los Angeles, CA)

Drishya AI Labs Inc. (Calgary, Alberta)

GoodMaps (Louisville, KY)

OBORTECH (Tallinn, Estonia)

Quantum Research Sciences (Lafayette, IN)

 Sportstech

Backr (Birmingham, AL)

Bettor Vision (Chicago, IL)

Credenza (Walnut Creek, CA)

EDGE Sound Research (Riverside, CA)

Throdle (Ypsilanti, MI)

Rally IN-Prize Alternates

 Ag & Food

Greenleaf Foods, Inc. (Indianapolis, IN)

 Hardtech

ArcticRx (Fishers, IN)

Novilytic (West Lafayette, IN)

Uniform Sierra Aerospace (West Lafayette, IN)

 Healthcare

Eradivir (West Lafayette, IN)

Wicked Technologies (Louisville, KY)

 Software

BioReact (Indianapolis, IN)

BrandXR (Detroit, MI)

Folia (Bloomington, IN)

 Sportstech

Athlete Plus (Chicago, IL)

CODE19 Racing (Indianapolis, IN)

Drip Tech Co. (Chicago, IL)

Innovation Studios Pitching at Rally

SOftware

Emerging and existing innovative software technologies, including Web 3.0, Blockchain, AI, Apps, and Cybersecurity that rethink how to solve B2B, ecosystem, and B2C challenges and create new opportunities.

ag & food

Companies innovating across food, animal health, plant science, agtech and agriculture to create an efficient, sustainable food system while preserving natural resources from the farmgate to the kitchen table.

healthcare

Companies launching services, digital therapeutics (DTX), devices, diagnostics, medicinal advancements etc., that enable a better quality of life, increase life expectancy, or reduce the cost of care, for people and animals.

hardtech

Companies innovating within manufacturing, industry 4.0 and cleantech, to produce hard goods, soft goods, advanced materials, new processes, and sensors.

sportstech

The intersection of traditional sports, esports, training, data and technology providing better safety, engagement, participation, entertainment, and experiences for teams, athletes, broadcasters, and fans.

Sign up to be notified about future pitch events!

Rally IN-Prize Pitch Competition FAQ

The IN-Prize competition is NOT a grant. Any investment may be either equity or debt subject to the Rules and Criteria

  • Companies may only enter one product or service for the Rally IN-Prize Competition
  • The submitted product or service must fall under one of the Rally Innovation Studio Tracks
  • Companies may only compete in one Innovation Studio Track
  • The submitted product or service must have been conceived no earlier than January 2019
  • Companies must not have raised more than $10 million in funding from combined funding sources
  • Companies must have a total addressable market (TAM) of more than $500M
  • Applicants permit the use of their company name, logo, and executive summary by Rally
  • To be eligible to win, applicants must agree to the Rules and Criteria below.

Each finalist will be given 2 minutes to pitch, followed by 5 minutes of Q&A with a panel of judges with investment experience in the finalist’s industry.

Rally Judges will focus on these critical elements:

  • Team – team experience in place (business, product, sales, etc.)
  • Traction – users, sales, marketing exposure, etc. 
  • Opportunity – the longevity, actualization and profitability of the idea
  • Creativity – the differentiation, originality and uniqueness of the idea

Yes! Finalists of the Rally IN-Prize will receive two (2) complimentary registration badges for Rally 2023, good for all access to Rally keynotes, panels and other activities.

Additionally, each presenting company will have the opportunity to network and demo their product/service in the Rally arena and will receive up to two (2) additional reduced rate badges for other team members to participate and attend.

All applicants who meet the qualifications, but are not selected to pitch, will receive a code allowing them to register for up to two (2) Rally 2023 badges at a reduced price and also encouraged to apply for the Demo Arena and Investor 1:1s.

The Rally pitch competition team will screen applicants to ensure they meet all eligibility requirements, and a committee of experts in each Innovation Studio track will review each application to decide which products and services are the most innovative.

We strongly encourage all applicants to submit a brief non-password-protected video pitching the company. This pitch video should be two (2) minutes or less and should feature the applicant speaking to the camera—we want to see how you pitch, not what your video editing software can do.

We also strongly encourage you to upload a non-password-protected current pitch deck (no longer than 20 slides), along with a marketing video demonstrating your product or service or a video of you pitching at a prior event. These materials carry a great deal of weight with our application committee.

Applicants invited to participate will receive an email notification from the Rally team. Participating companies will be notified in mid-to-late July of 2023. Please refrain from contacting Rally staff and our respective partner organizations regarding the status of your application. We receive a high volume of submissions and will update all applicants regarding their status as soon as possible.

Please contact Rally IN-Prize Pitch Competition Manager Philip Cogley: philip@adeointeractive.com

Investment Rules and Criteria

All Rally IN-Prize winners consent and agree to the following rules to be eligible to receive the investment prize:

  • Rules and Criteria may be revised at any time at the sole discretion of all related Rally competition hosts and investors
  • These Rules and Criteria supersede any other written or verbal conversations or representations
  • Companies may only enter once for the Rally X-Prize Competition
  • The submitted company must fall under one of the Rally Innovation Studio Tracks
  • The submitted product or service must have been conceived no earlier than January 2019
  • Companies must not have raised more than $10 million in total funding
  • Companies must have a total addressable market of more than $500M
  • Applicants, Finalists and Winners permit the use of their company name, logo, and executive summary by Rally organizers
  • Applicants and Finalists will be requested to submit pitch decks in a similar fashion to this format
  • Award of any investment is subject to final due diligence and agreeable terms by the investors at their sole discretion
  • Rally pitch competition investment requires a minimum 1:1 investment which may be achieved by non Rally related investors brought forth by the company or by Rally related investors that may be brought forth through syndication with other investors
  • Investment is anticipated to be in the form either
    • (1) Equity; we will ask each company to indicate pre and post-money of latest round as well as desired pre-money of the current round and total being raised, or
    • (2) Convertible Note; with market terms – 8% interest, 20% discount and desired valuation cap. 
    • Note – SAFE’s, SEALs, or other non-market vehicles will not be considered.
  • Companies must commit to establishing a Significant Presence in Indiana
    • “Significant presence” is defined by at least one (1) physical office (or active co-working space membership) AND  minimum one (1) full-time C-level executive or founder for a minimum of one year within the geographic borders of Indiana.
  • Please note it is possible that a pitch competition finalist could win their respective track and not be successful receiving the investment prize.

Benefits to Winners:

  • Each winner investment may include multiple VCs on your cap table
  • Automatic acceptance into the Elevate Ventures Accelerator
  • Additional custom in-kind benefits

Verticals That are Specifically Not Eligible:

  • Real estate and real estate development
  • Insurance
  • Professional services provided by an accountant, a lawyer, or a physician
  • Retail businesses with brick and mortar
  • Oil and gas
  • Investment vehicles that invest in securities of other businesses
  • Gaming and gambling
  • Single-purpose entertainment or events