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Austin, TX

Janice Omadeke, Founder of The Mentor Method, Becomes First Black Woman in Austin, TX to Achieve Venture-Backed Tech Exit

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Janice Omadeke, Founder of The Mentor Method, Becomes First Black Woman in Austin, TX to Achieve Venture-Backed Tech Exit


The Cru lately acquired The Mentor Technique

WASHINGTON, Oct. 5, 2022 /PRNewswire/ — 1863 Ventures celebrates The Mentor Technique and The Cru on their newest transaction. The Cru, a New York-based skilled coaching and training firm, acquired The Mentor Technique to additional champion range, workforce growth, and expertise engagement options for ladies. Based by Janice Omadeke, The Mentor Technique is a cross-function mentorship program trusted by The Division of Training, Amazon, Deloitte, and extra. The Mentor Technique crew will instantly improve The Cru’s footprint in its goal market, tripling its gross sales crew and pipeline.

“This acquisition is precisely what we wished,” stated Omadeke, who based The Mentor Technique 5 years in the past. “The Cru is a Black woman-led enterprise with a visionary founder with a robust tradition, the place I do know my crew will proceed to thrive, and I do know that our mission to create a extra equitable workforce will proceed. I’m actually comfortable that The Cru is altering mentorship from being an opportunity encounter to a basic proper for workers wherever they work.”

The Mentor Technique obtained non-dilutive funding from 1863 Ventures and is a portfolio firm of 1863 Enterprise Fund I. “It has been a pleasure to look at Janice’s growth during the last 5 years, and we’re thrilled by The Cru’s acquisition of The Mentor Technique. We’ve watched Tiffany construct The Cru and imagine the synergy between the businesses will create a dominant participant out there,” stated Melissa Bradley, Founder and Managing Companion of 1863 Ventures. “Janice is the epitome of a New Majority entrepreneur and has set an instance for all of our program individuals and alumni, showcasing the potential and disruptive innovation of Black-led startups.”

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Omadeke is among the many fewer than 100 Black girls founders to steer a startup and lift greater than $1 million in enterprise capital funding. She is now the primary Black girl in Austin, TX to realize a venture-backed tech exit, and is motivated to make sure that extra Black girls are given the assets and alternatives to expertise their very own acquisitions. Omadeke will proceed advising for The Cru and “assist as many Black girls acquire entry to funding and mentorship and steering,” she stated.

“With the acquisition of The Mentor Technique, Janice continues her legacy as a job mannequin for others to think about themselves as an entrepreneur,” stated Joseph Kopser, Chief Progress Officer at The Mentor Technique. “We’d like extra girls CEOs and Founders, and this milestone offers a roadmap for others to comply with.”

About 1863 Ventures

1863 Ventures is an impartial, black-led nationwide enterprise growth nonprofit and enterprise capital accelerator for New Majority founders (i.e., people who’ve been traditionally marginalized). The District of Columbia-based group helps over 3,200 entrepreneurs throughout the USA, leveraging capital investments, owned curricula, grant assist, and company partnerships to scale companies from excessive potential to excessive development.

CONTACT: 
Maxwell Younger
[email protected]

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SOURCE 1863 Ventures



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Austin, TX

Journal Profile: Meet Eric Youngstrom, a mountain man living the dream in Austin

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Journal Profile: Meet Eric Youngstrom, a mountain man living the dream in Austin


Eric Youngstrom has had a big career in Austin’s tech scene. After leaving Deloitte Consulting, he became the first hire at CSID. After that, he held high-level roles at ShippingEasy and Stamps.com before launching his own startup, Onramp Funds, which helps early-stage e-commerce companies with financing and working capital. In this Journal Profile article, we aim to go well beyond an influencer’s LinkedIn page.



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Austin, TX

Did you know Austin has a pro pickleball team?

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Did you know Austin has a pro pickleball team?


AUSTIN (KXAN) — Did you know Austin has a pro Pickleball team? The Texas Ranchers are one of the 22 teams in Major League Pickleball.

“Our mission is to become Americas pickleball team and the most valuable and highest grossing franchise in the league,” said Texas Ranchers CEO Evan Floersch.

The team consists of four players who were picked in a draft.

“We’ve got Christian Alshon, who was our number one overall draft pick,” said Floersch. “We have Etta Wright, who is the only Tongan in the sport. We’ve got Tina Pisnik who is an ex-Olympian tennis player and then we’ve got Pablo Tellez.”

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The Ranchers play in the premier division with 12 of the best teams, one of those teams being their rival.

“We’ve got a Texas rivalry budding right now,” said Floersch. “We play the Dallas Flash, Mark Cubans team.”

The Ranchers are supported by a list of more than 30 owners, including celebrities, like Kendra Scott, Bobby Bones, Lil Wayne and Bijan Robinson, to name a few.

This year the team won’t play any tournaments in Austin, but fans can still go to local watch parties or catch the games on TV.

“Right now we have two linear deals with ESPN and FOX,” said Floersch.

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As for the future of the sport in Austin, Floersch said there is a lot of excitement building around the Ranchers and pickleball in general.

“I definitely think that the sport at the pro level will continue to grow and it will continue to be a part of Austin’s culture and community,” said Floersch.



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Austin, TX

Round Rock Juneteenth shooting: No suspect in custody, police say

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Round Rock Juneteenth shooting: No suspect in custody, police say


The city of Round Rock’s Juneteenth celebration ended early Saturday night after an altercation broke out between two groups. Round Rock police say during the altercation someone pulled a gun and fired it during the concert.

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“It is unfortunate that we are here celebrating a wonderful event, and we have a tragedy that happens. My thoughts, my prayers go out to our victims. My condolences go out to the families of the deceased at this time,” said Round Rock Police Chief Allen Banks.

Chief Banks confirmed during Sunday morning’s press conference that two people died at the scene. According to ATCEMS, four adults and two children were taken to local hospitals with potentially serious injuries.

“All the victims and the deceased were not emergency personnel or first responders. They were actually folks that were there enjoying the concert,” said Chief Banks.

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Chief Banks says at this time the Round Rock Police Department and the FBI are investigating this mass shooting.

“As you can imagine, with a traumatic incident like this, people are going to have different accounts of what happened and different accounts of what that suspect might have looked like. And so, this is why it’s an ongoing investigation. We’re trying to piece that together,” said Chief Banks.

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“Our goal is to put those folks behind bars. And our goal is to get them put away for life, and, and we’re going to work tirelessly to do that. No stone left unturned,” said Chief Banks.

Round Rock PD says there’s no suspect in custody at this time. They are asking for the public’s help. Anyone with any information on Saturday night’s shooting is asked to report it to the police department at 512-218-5500.



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