Paper Crane, Inc. Selected for MassChallenge Boston 2020 Accelerator
BOSTON, June 12, 2020 (Newswire.com) - This week, Paper Crane, Inc. was selected to participate in the Boston 2020 accelerator program. Paper Crane was one of over 1,100 other startups to apply for the accelerator located in Boston.
“We are honored to be selected for this highly respected program,” says Alan Osetek, CEO of the company. “MassChallenge’s mission to have high impact in society and to create substantial value in the global economy is deeply aligned with who we are as a company. We are excited to work closely with the experts and mentors in the program as we launch our geospatial data science technology and create new opportunities for exceptional data scientists and developers to have a disruptive impact on multiple industries.”
As the flagship program, the MassChallenge Boston accelerator supports more than 100 early-stage startups across industries and from regions around the world. Acceptance into the competitive program offers unmatched access to top experts, corporate partners, evidence-backed programming, and more.
Launched in 2017, Paper Crane is a geospatial data science software company that has recently come out of stealth after completing foundational inventions in this emerging solution category. Paper Crane has begun to release high-value location data to customers in industries such as insurance and real estate and to provide them with tools to derive insights and drive performance improvement from these data. Headquartered in Boston, Massachusetts, the company is reinventing geospatial-native data analytics, data integration, and data enrichment.
Founded by a team with deep expertise in applied math, analytics, and geospatial data, Paper Crane raised its first outside capital in 2019 to transition from deep tech development to productization. Alan Osetek joined the company as CEO in 2019 and brings a wealth of business leadership and market-facing expertise to the team, having founded and invested in multiple companies with successful exits.
About Paper Crane, Inc.
Founded in 2017 and headquartered in Boston, Paper Crane is an early-stage startup whose vision is to democratize geospatial data science. Paper Crane is reinventing geospatial-native data processing, data integration, and data enrichment. Paper Crane believes every consequential decision can be improved by unlocking the potential of the exponentially growing stack of earth imagery, property data, street data, environmental data, and mobile data. Learn more at papercrane.io.
About MassChallenge
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Switzerland, Texas, and the U.K., MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential early-stage startups across all industries, from anywhere in the world. To date, more than 2,400 MassChallenge alumni have raised $6.2 billion in funding, generated over $3 billion in revenue, and created over 157,000 total jobs. Learn more at masschallenge.org.
Source: Paper Crane, Inc.