By: Flexxbotics August 2021
Northeastern IDEA Accelerator
Invests In Flexxbotics
IDEA is a student-led venture accelerator that fosters the development of entrepreneurs in the Northeastern community through the educational experience of developing a business from concept to launch. They strive to provide a holistic experience for their ventures through support, in-kind resources, and opportunities to engage in an experiential learning opportunity.
IDEA began in 2009 with strong student leadership and university support, the program was developed to provide resources and support for entrepreneurs across all disciplines.Their unique stage gate process provides a framework that can be applied to any venture across all industries. IDEA has launched over 65 companies with 180M+ of external funding raised to date.
“We were impressed by Flexxbotics early customer traction. We believe in their Go-To-Market strategy and we advise them to continue progressing customer acquisition so they can leverage for new product development”
– Bob Lentz Executive Professor and Entrepreneur in Residence at Northeastern University.
Flexxbotics mission is to improve collaborative robot utilization and efficiency so manufacturers can achieve the most aggressive robot ROI. They accomplish this through productivity tools on the Flexx Connect platform such as the Flexx Reference and Flexx Beacon. Both these products reduce the complexity and setup time when repurposing a robot.
“Northeastern’s IDEA program was an incredible experience for the team. We credit a lot of our early success to their guidance and funding. We are excited to use this funding to advance our marketing and go-to-market strategy. Further understanding our customer base will be crucial in our next generation product development”
– Tyler Bouchard Co-Founder