39 min
Meet Hum - Tracking & Analytics Tech for Rail | Geospatial Arch Grant Series T-REX BYTES
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- Entrepreneurship
The 2020 Arch Grants cohort included a strategic and unprecedented element. In an effort to continue to build upon St. Louis' geospatial revolution, 5 of their transformative $50,000 equity-free grants & pro-bono resources were awarded specifically to geospatial startups. Partnering with T-REX's new Geospatial Innovation Center, these 5 geospatial startupshave also been awarded incubator space for the duration of their grant, embedding them within our growing geospatial ecosystem. Each month through this virtual event series, you'll get a chance to get to know the 2020 geospatial Arch Grants cohort and newest T-REX community members.
This January, T-REX's Mark Tatgenhorst hosts a community conversation with Byron Porter, CEO of Hum.
About Hum:
Hum was created to tackle chronic issues of inconsistent and unreliable service that have plagued the rail industry for decades. Inflexible existing data infrastructure frequently loses track of railcars and makes first and last mile delivery unpredictable. Mechanical defect detectors often provide more false alarms than actual alerts. Both systems have been unable to adapt to the needs of an increasingly dynamic supply chain, leaving railroads and rail shippers frustrated. Now, with advances in low power, wireless communication, geospatial tracking, and advanced analytics, Hum has developed a set of cost-effective wireless sensors for railcars that allows railroads the ability to not only deliver transparent, reliable service to rail shippers but also the insight to anticipate their ever-changing needs. Welcome to the modern supply chain that just … Hums.
humindustrial.com
About Arch Grants:
Arch Grants disrupted the status quo of economic development in 2012 with a mission to transform the economy of St. Louis by attracting and retaining extraordinary entrepreneurs. Through their unique and groundbreaking Global Startup Competition model, Arch Grants provides $50,000 equity-free grants and access to an ecosystem of resources, helping early-stage startups grow and scale. Arch Grants’ program is a beacon for entrepreneurs globally, developing the next generation of employers, civic leaders, and philanthropists for the St. Louis region. Starting in 2020, Arch Grants began awarding 5 grants each year specifically to geospatial startups to help build a pipeline of talent and technology for the quickly expanding geospatial cluster in St. Louis.
archgrants.org
About T-REX:
T-REX is a non-profit technology innovation & entrepreneur development center in downtown St. Louis. With an emphasis on facilitating groundbreaking ideas from early stage entrepreneurs, T-REX houses nearly 200 companies within its 160,000-square-foot, 8 Floor facility on Washington Avenue. Founded in 2011, T-REX has graduated more than 100 companies from incubation that remain in the St. Louis region. T-REXers have created 4,457 St. Louis jobs since its inception and are responsible for more than $620.9 million in annual economic output. In 2020, T-REX completed construction of a revolutionary concept; the nation's first Geospatial Innovation Center, located on the facility's 4th Floor.
downtowntrex.org
The 2020 Arch Grants cohort included a strategic and unprecedented element. In an effort to continue to build upon St. Louis' geospatial revolution, 5 of their transformative $50,000 equity-free grants & pro-bono resources were awarded specifically to geospatial startups. Partnering with T-REX's new Geospatial Innovation Center, these 5 geospatial startupshave also been awarded incubator space for the duration of their grant, embedding them within our growing geospatial ecosystem. Each month through this virtual event series, you'll get a chance to get to know the 2020 geospatial Arch Grants cohort and newest T-REX community members.
This January, T-REX's Mark Tatgenhorst hosts a community conversation with Byron Porter, CEO of Hum.
About Hum:
Hum was created to tackle chronic issues of inconsistent and unreliable service that have plagued the rail industry for decades. Inflexible existing data infrastructure frequently loses track of railcars and makes first and last mile delivery unpredictable. Mechanical defect detectors often provide more false alarms than actual alerts. Both systems have been unable to adapt to the needs of an increasingly dynamic supply chain, leaving railroads and rail shippers frustrated. Now, with advances in low power, wireless communication, geospatial tracking, and advanced analytics, Hum has developed a set of cost-effective wireless sensors for railcars that allows railroads the ability to not only deliver transparent, reliable service to rail shippers but also the insight to anticipate their ever-changing needs. Welcome to the modern supply chain that just … Hums.
humindustrial.com
About Arch Grants:
Arch Grants disrupted the status quo of economic development in 2012 with a mission to transform the economy of St. Louis by attracting and retaining extraordinary entrepreneurs. Through their unique and groundbreaking Global Startup Competition model, Arch Grants provides $50,000 equity-free grants and access to an ecosystem of resources, helping early-stage startups grow and scale. Arch Grants’ program is a beacon for entrepreneurs globally, developing the next generation of employers, civic leaders, and philanthropists for the St. Louis region. Starting in 2020, Arch Grants began awarding 5 grants each year specifically to geospatial startups to help build a pipeline of talent and technology for the quickly expanding geospatial cluster in St. Louis.
archgrants.org
About T-REX:
T-REX is a non-profit technology innovation & entrepreneur development center in downtown St. Louis. With an emphasis on facilitating groundbreaking ideas from early stage entrepreneurs, T-REX houses nearly 200 companies within its 160,000-square-foot, 8 Floor facility on Washington Avenue. Founded in 2011, T-REX has graduated more than 100 companies from incubation that remain in the St. Louis region. T-REXers have created 4,457 St. Louis jobs since its inception and are responsible for more than $620.9 million in annual economic output. In 2020, T-REX completed construction of a revolutionary concept; the nation's first Geospatial Innovation Center, located on the facility's 4th Floor.
downtowntrex.org
39 min