Mobile accelerator Tandem names 4 startups it plans to invest in

Mobile accelerator

Silicon Valley, US-based Mobile accelerator Tandem has announced that it had increased the number of startups in its upcoming class, due to a new fund & other factors.

Announcing this on its official blog, Doug Renert, Partner, Tandem Capital, said with a new fund in place alongside a deeper core team & a larger headquarters, they were increasing the number of startups to invest in each quarter.

Tandem, he said, looked for product teams from around the world who it can work with closely to find product-market fit. From investing in 3 new companies per quarter, Tandem will now back 6 per quarter by the end of the year. “This quarter we invested in 4 startups – a first step towards our next goal which will result in 12 active companies working inside Tandem at a time for a total of 24 per year (a typical startup works with Tandem closely for 6-months),” wrote Doug.

This year, the Tandem-backed Playhaven merged with Kontagent to form the newly branded Upsight. They started with just 2 co-founders and took their 1st investment from Tandem several years ago. On the hardware side, both Tile & Cuff got off to a good start, claimed Doug. Another startup Bash Gaming was acquired by GSN after just 2 years of growth.

Tandem now has up to 8 team members who support & help grow the companies within its Mobile Acceleration program.

The 4 new Tandem companies of this quarter are:

Arbiter

This team hails from Las Vegas & came to Tandem from BoostVC. They offer a mobile app platform that supports in-app, real-money betting for skill-based games.

ShoeLovers

This is a team from Mexico City that applied to Tandem for 3 straight quarters before getting admitted after they completed the 500Startups program. They provide a social commerce service for women who love shoes.

Popslate

This Bay Area-based hardware team has built the world’s thinnest screen. The company started with an “always-on” screen embedded in a smartphone cover, & now Tandem was working with them to extend the screens to many other valuable form factors.

Caarbon

This Bay-Area team is building the Uber for valet parking. The service will provide a convenient service from trusted providers, all controlled simply from your smartphone.

Image Credit: Tandem

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