Augurisk joins Techstars IOF to build the next generation of predictive algorithms for crime and natural disasters
Techstars Industries of the Future will be run in partnership with Oak Ridge National Laboratory, the Tennessee Valley Authority and the University of Tennessee
KNOXVILLE, TENNESSEE, USA, February 7, 2022 /EINPresswire.com/ — Augurisk – a crime, natural disaster and societal risk assessment platform – will join the inaugural promotion of the Future Industries Accelerator Techstarsoperated in partnership with Oak Ridge National Laboratory, the Tennessee Valley Authority, and the University of Tennessee System at Oak Ridge-Knoxville, Tennessee.
Throughout the program, Augurisk will collaborate with top emerging technology scientists from ORNL, TVA and UT to develop the next generation of predictive and risk scoring algorithms for natural disasters, crime and societal risks.
Augurisk will take this opportunity to better serve its mission to help mitigate the consequences of natural disasters and crime throughout the United States.
“Congratulations to the first batch of innovative start-ups that have been selected under the Techstars program,” said Jeff Lyash, President and CEO of TVA. “We welcome you to the Oak Ridge Corridor as you have the opportunity to deliver impactful benefits, similar to nearly 90 years ago when TVA first brought electricity that transformed the lives of people in the Tennessee Valley. We look forward to working with you to help you develop advanced solutions with potentially huge energy, economic and environmental benefits.
This collaboration will drive innovation and help Augurisk scientists create more accurate risk scores and predictive algorithms for its users.
Augurisk develops predictive risk scoring and algorithms to provide risk assessments across the United States for 12 disaster and societal risk factors, including crime, storms, floods, wildfires, earthquakes earth and more.
Founded in 2020, Augurisk provides a single, comprehensive source of truth for most natural disasters and societal risks, along with advanced tools like white-labeled reports, benchmarks, and portfolio views.
The global Techstars network helps entrepreneurs succeed. Founded in 2006, Techstars started with three simple ideas: entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. We are now on a mission to enable every person on the planet to contribute to and benefit from successful entrepreneurs. In addition to tapping into accelerator programs and venture capital funds, we do this by connecting startups, investors, companies, and cities to help build thriving startup communities. Techstars has invested in over 2,900 companies with a combined market capitalization of over $189 billion. www.techstars.com
About partner companies
Oak Ridge National Laboratory is the largest science and energy laboratory in the Department of Energy’s system, translating fundamental discoveries into demonstration and deployment. The Laboratory houses the most powerful supercomputer in the country and manages scientific programs in areas such as advanced materials, neutron science, clean energy, systems biology, nuclear science, isotope production and national security. UT-Battelle, LLC operates the DOE Office of Science laboratory.
The Tennessee Valley Authority is a United States agency that supplies electricity to commercial customers and local electric distributors serving nearly 10 million people in parts of seven southeastern states. TVA receives no taxpayer funding and derives virtually all of its revenue from the sale of electricity. In addition to operating and investing its revenues in its electrical system, TVA provides flood control, navigation, and land management for the Tennessee River system and assists local power companies and state governments. and local people in economic development and job creation.
The University of Tennessee is a statewide higher education system with campuses in Knoxville, Chattanooga, Martin, Memphis, and Pulaski; the UT Space Institute in Tullahoma; the UT Institute of Agriculture with a presence in every county in Tennessee; and the Statewide Civil Service Institute. The UT System operates Oak Ridge National Laboratory through its UT-Battelle partnership; enrolls approximately 51,000 students statewide; produces approximately 12,000 new graduates each year; and represents more than 422,000 graduates worldwide.