I’m excited to announce the latest partnership for Mercury Grove in local Ottawa startup IdeaVibes.
Four months ago we announced the launch of our grassroots, community accelerator program and it has been a great success. The initial three companies : ND Storefront, Vegan Cuts, and OpenEra have achieved amazing growth (we’ll be releasing more details very soon).
I’ve been working over the last few months with IdeaVibes CEO, Paul Dombowsky on a refresh of the IdeaVibes model, team, and go to market strategy, and I think there is an opportunity to fill a massive void in a global crowdsourcing market. Despite the rise in popularity of social media sites, online communities, and (more recently) crowd funding sites, there is no “go to” destination that empowers people to affect constructive, positive change in a real and disruptive way. I believe that Paul’s vision coupled with our ability to achieve early user growth, a strong management team, and a beautiful online experience can achieve this.
Over the next few weeks you’ll see a lot about Idea Vibes, the new organization, and the launch of the new vision. We’re excited to be part of this endeavor.
Below is the official media release.
Ideavibes Receives Investment from Mercury Grove for next generation crowdsourcing platform
Investment and new board of advisors will support platform development,
marketing and staffing of sales and marketing team
Ottawa, ON – October 18, 2012 – Ideavibes announced today that they have received an investment from local company Mercury Grove to accelerate the launch of Ideavibes next generation crowdsourcing platform.
“We are excited to partner with Mercury Grove during this next phase of Ideavibes’ growth.” said Paul Dombowsky, CEO of Ideavibes. “Their experience helping high-growth web-based startups accelerate will help us empower people and put Ideavibes into the hands of millions of users around the world.”
Along with their cash investment, Mercury Grove is helping Ideavibes refresh the core application and build a world-class management team.
“There is so much untapped potential in the crowdsourcing space and we think Ideavibes has the potential to be a global leader in making user participation in everything from local issues to global issues and product development mainstream.” said Mercury Grove CEO, Scott Annan. “We’re excited to be part of the team to reinvent this industry”.
Ideavibes plans to launch the new version of their platform next month.
The Ideavibes Crowd Engagement Platform™ enables organizations to create crowdsourcing
and crowdfunding campaigns that use the power of social media and tapping into the wisdom
of crowd to strengthen relationships through engagement and participation. It’s about starting
innovative projects, building better products, setting new directions and being more crowd- or
community-focused, funding worthy initiatives and sparking social change. For more information
about Ideavibes, or to sign up for a Free 45-Day Trial, please visit www.ideavibes.com
About Mercury Grove
Mercury Grove is a community-based accelerator and web application company based in
Ottawa, Canada. They invest, mentor, and help local high-growth web-based companies
accelerate user adoption and gain critical early traction.