Fearless has a proud history of partnering with organizations to develop products that make their businesses better and have a positive impact on our world.
But with the help of the Maryland Technology Development Corp. (TEDCO), Fearless is exploring developing our own products. Earlier this year, TEDCO’s new Seed Investment Fund awarded Fearless $100,000 to develop our new product Geo&, a geospatial data engine that gives quick answers to complex questions.
For nearly 20 years, TEDCO has invested millions in Maryland businesses. In 2015 alone, TEDCO awarded $16.5M amongst its 329 portfolio companies.
Fearless founder and president Delali Dzirasa said the award means more than the dollar amount.
“Being funded by TEDCO helps to validate our direction and platform,” he said. “With the seed funding, we’ve been able to secure pilots with Baltimore City to prototype the City Health Dashboard.”
Since its founding in 2009, Fearless has provided complex software services in the geospatial domain. The $100,000 convertible note will help transition Fearless’ institutional knowledge to product commercialization.
“We are honored to count TEDCO as an investor in our seed round,” Dzirasa said. With this funding, “Fearless intends to grow its staff as we progress through our Alpha software release.”
Fearless is a software shop that builds presentations while maximizing performance. We turn complex data or processes into creative applications that are intuitive and beneficial to the user. To ensure maximum software performance, we streamline and automate developer, operations, security, and testing processes to drastically increase their efficiency.
Our team comprises designers and developers who have a deep understanding of cutting edge technology and trends, and leverage this knowledge to solve problems. Our developers are experienced enough to know the ins and outs of the industry, but inventive enough to seek out the most creative solution to a problem and not to be bound by convention. We are passionate about being surprisingly different by the work we do, problems we solve, and difference we make.
Fearless is a graduate of the bwTech@UMBC Cyber Security incubator and now resides in Spark Baltimore. Fearless was also recently named by Technical.ly as the 2016 Dev/Design firm of the year in Baltimore.
Please see http://fearless.tech for more information.
TEDCO was created by the Maryland State Legislature in 1998 to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace, and to assist in the creation and growth of technology-based businesses in all regions of the state.
Today, TEDCO is more than an early-stage funding resource—it is the hub of Maryland’s entrepreneurial network, where start-ups find mentors, organizational assistance, facilities for daily operations, and a roadmap for success.
Within the Maryland business community, TEDCO establishes and manages programs that support innovation and promote entrepreneurship. TEDCO also provides funding for technology transfer development and business formation, growth, and expansion.
Please see http://tedco.md/ for more information.