Caltex Accelerator cohort announced
- Written by Riley Duke
Caltex Australia is pleased to announce the 12 successful candidates for its inaugural Spark Accelerator program, to be delivered by Slingshot.
Chosen from over 300 applicants, the inaugural Spark Accelerator cohort boasts a blend of Startup and Scaleup businesses, owned and operated by a diverse group of entrepreneurs and experienced founders.
Across the 12 businesses there is a clear theme of customer centricity and innovative technology, with many of the Startups aiming to create greater operational efficiency in solving everyday customer problems.
Some examples of these innovations are a universal smart bike parking, charging and sharing system by CyclePort, which is a world first, and an app that creates smart receipts to link purchases to the customer’s bank accounts, developed by Ping Data.
During the 12-week program, the Startups and Scaleups will be working closely with Caltex, the nation’s leading transport fuel provider, to drive innovation in the areas of convenience, mobility, retail offering and efficiency.
They will also have access to the full suite of Caltex resources including the company’s 1,900 owned or affiliated sites, and 3 million customers per week, in order to discover and drive opportunities for exponential growth.
Commenting on the announcement Caltex’s Head of New Business and Innovation Beatrice Bowen said “We were delighted with the calibre and variety of the applications we received for our inaugural Spark Accelerator.”
“The program is designed in a way that will allow great ideas to flourish under the guidance of our Accelerator team.
“As the nation’s leaders in transport fuels, we are seeking to collaborate broadly for innovative improvements that will make Caltex customers’ lives easier.”
Slingshot Founder Craig Lambert said it is one of the most exciting cohorts to go through a Slingshot Accelerator program.
“It’s clear that the offer to work with Caltex has attracted some of the world’s top entrepreneurial talent,” he said.
“With such broad reach has come a variety of founders and entrepreneurs offering new perspectives on retail, fuel and convenience. Each of these sectors have an enormous capacity for growth, so it is great to see Caltex leading the innovation charge.”
The Caltex Spark Demo Day will run in Sydney on 1 August 2018 – more information here.
The full list of cohort members includes:
Startups
Aglo – A retail intelligence platform that uses crowdsourcing and AI to uncover distribution gaps, detect out of stocks and improve in-store marketing.
Conexie – An intelligent communications platform that improves the way businesses channel, engage and analyse important information.
CyclePort – The world’s first universal smart bike parking, charging and sharing system.
Halo – A concierge service for fleet and personal vehicles.
Pak360 – A manufacturer of disposable and reusable compostable food packaging made from only alternative tree free renewable fibres.
Picnic Box – An aggregator of fresh food and deli quality produce in convenient eco-friendly take-away packaging for corporate and social events, or customers on the move.
Scaleups
Autoguru – A two-sided marketplace that enables vehicle owners to get instant quotes for logbook servicing and repairs, and book local mechanics online.
Carbar Autos – An online platform that gives you the confidence and convenience to buy and sell your car.
Camplify – Australia’s largest RV rental marketplace, connecting RV owners with holidaymakers.
Earlytrade – An electronic clearing house that matches payables and receivables to deliver optimal working capital outcomes.
ORDITAL – Enables assets to be described with classified photographs, and asset management system to be populated with data extracted from those photographs.
Ping Data – Reimagining the post purchase experience by automatically sending smart receipts to a customer’s banking app.
About Caltex
A proud and iconic Australian company, Caltex has grown to become the nation’s leading transport fuel supplier, with a network of approximately 1,900 company-owned or affiliated sites. Caltex aims to be the market leader in complex supply chains and the evolving convenience marketplace by delivering the fuel and other everyday needs of its diverse customers through its networks. Caltex has safely and reliably fuelled the needs of Australian motorists and businesses since 1900. It operates as a refiner, importer and marketer of fuels and lubricants. Follow us on LinkedIn, Facebook and Twitter , and for more information visit www.caltex.com.au
About Slingshot
Slingshot is Australia’s leading corporate accelerator program, working with clients such as Qantas, Lion Group, SEEK, Hudson, HCF, ING Direct, the NSW Government, the QLD Government and UTS.
Last year Slingshot also launched a new platform, CoVentured, to connect corporate Australia to a growing community of Startups and Scaleups. Founding corporates on the platform included Westpac, Woolworths, Optus, Australia Post, Energy Australia, Lendlease and Tabcorp.
