PlanDomino secures €30,000 in follow-on investment from NDRC, after winning the second NDRC at PorterShed. PlanDomino is a productivity tool designed for the laboratory market. It boosts productivity by up to 50 per cent by automating scheduling, workflow and resource management.
PlanDomino has won NDRC at PorterShed’s Investor Showcase, held today in Eyre Square, Galway. Competing with five other digital startups, PlanDomino – founded by Greg Heaslip – was chosen as the standout business to come through the latest accelerator programme at PorterShed, which is supported by Enterprise Ireland.
PlanDomino is a productivity tool designed for the laboratory market. It boosts productivity by up to 50 per cent by automating scheduling, workflow and resource management.
It aligns the laboratory -- for the first time -- with manufacturing and supply chain operations. By digitising laboratories, PlanDomino ushers in a new era of accuracy and efficiency.
Thanks to impressing the judges on the day, PlanDomino wins access to a further €30,000 in investment from NDRC at PorterShed.
The judges were impressed by the opportunity for productising the deep domain insights in PlanDomino, noting the significant market comprising customers with budgets to spend in this space.
The judges on the day were Mary Rogers, Enterprise Ireland; Ben Hurley, NDRC; Niamh Sterling, Halo Business Angel Network; Finn Murphy, Frontline Ventures; and Conor Mills of ACT Ventures.
Ben Hurley, CEO of NDRC: “It’s great to see how well the six companies have progressed since the start of the second NDRC at PorterShed investment programme a few months ago. This is never an easy decision for the team of judges, and this most recent cohort displayed a strong level of industry expertise and opportunity for growth, be that in cosmetics, fintech or recruitment.
“PlanDomino showed a real clarity of purpose, with its market opportunity, founding team and traction to date all encouraging the judges. We’re already looking forward to seeing what PlanDomino can achieve with the support of NDRC, and now that NDRC at PorterShed’s third investment programme is open for applications, we’re excited to see what the ecosystem can produce.”
Applications are open for the third NDRC at PorterShed, which will run in 2019
Joe Healy, Divisional Manager, High Potential Startup Unit, Enterprise Ireland said: “Enterprise Ireland is committed to the ongoing support of regional entrepreneurship, and we work closely with the start-up ecosystem to enable regionally-based Irish companies to realise their global ambition and scale in international markets.
“Our investment in and partnership with regional accelerators is a really important pillar of support for regional start-ups. The start-ups that have completed the PorterShed programme have demonstrated their ability to grow and scale, and I look forward to working with PlanDomino in particular, to encourage them on their growth trajectory.”
Maurice O’Gorman, Vice President, Galway Chamber: “I wish to congratulate Greg and his exciting business, PlanDomino. The GCID team have worked closely with all six ventures to help them achieve their ambitions. It's been an intense and productive three months and we are very proud of what has been achieved.
“The engagement by local mentors and business leaders has been a testament to the support in the region for the NDRC at PorterShed Accelerator programme. We are delighted that the six ventures presenting here today will stay on at PorterShed and join the 38 companies that form the PorterShed community.”
PlanDomino is the second winner to be chosen in PorterShed, after car appraisal software business Appraisee won out 12 months ago.
NDRC has announced that the third NDRC at PorterShed programme will take place in 2019, with the call now open for entrepreneurs of digital startups to apply – via www.ndrc.ie – for funding.
Based in the PorterShed in Eyre Square, Galway, this initiative is a collaboration from Enterprise Ireland, NDRC and GCID (Galway City Innovation District) aims to drive the growth of digital startups nationally.
The six businesses that took part in this second iteration of NDRC at PorterShed were:
Metafact: Metafact supports newsrooms and media agencies by authenticating stories and removing ‘fake news’ misinformation. By tracking and tracing the origins and supporting references of stories on the web, the data and mapping tools aid good quality journalism and help eliminate the negative effect of artificial stories.
PlanDomino: PlanDomino is a Digital Lean Laboratory Platform that automates grouping of samples, scheduling, workflows and resource management. We make labs more efficient by ramping productivity and capacity.
The Beauty Buddy: The Beauty Buddy is a software solution that allows beauty and cosmetic brands to easily connect with their end users, enabling customers to make an informed purchasing decision. Customers scan items through The Beauty Buddy App, providing them with information on product benefits, reviews, feedback and more.
LunaConnect: Lending to SMEs has traditionally been high risk and high cost. A loan of €100,000 can cost as much as €6,000 to set up and maintain, leaving thin margins for lenders, and small value loans unprofitable. Luna Connect transforms SME lending by creating higher returns from lending to SMEs.
CorribPoint: CorribPoint has developed Akula, a fully automated cloud-based solution enabling credit unions and smaller financial institutions to meet anti-money laundering obligations under legislation efficiently, consistently and cost-effectively.
Tribal: High-performance teams need to be supported to balance their skills and challenge in the workplace. Tribal helps companies measure performance and implement changes to avoid issues like underperformance and employee churn.