Two Babson College alumni are part of the winning venture at the eMerge Americas Startup Showcase x Startup Showdown Grand Finale.
Togal.AI, an artificial intelligence construction company, won the grand prize—a $420,000 investment—at the international startup competition Tuesday at eMerge Americas, the first and largest tech conference in Miami. Chief revenue officer Dexter Bachelder ’93 and marketing specialist Gisela Hackmann ’12 are part of Togal.AI’s winning team.
Togal.AI uses machine learning to automatically calculate the square footage of plans, labeling of rooms and walls, and updates of construction blueprints. For big projects, which can be hundreds of pages long, this compresses weeks of work into mere seconds.
“Togal was honored to win the eMerge startup competition out of thousands of companies,” Hackmann and Bachelder wrote in a statement. “We are proud to be utilizing the Babson education as part of the Togal.AI team.”
Kevin O’Leary, celebrity investor and star of “Shark Tank,” was one of four judges at the showdown, which featured 100 startups. One of the five finalists was TicketRev, founded by Jason Shatsky ’21, who also won Babson College’s ePitch competition earlier in the day.
Posted in Babson Briefs