Export Abroad was launched earlier this year and makes big data tools that deliver insights for exporters without necessitating the extensive research or expensive consulting that is typically associated with such decisions.
Together with co founder Willy Hakizimana, the two are leaving Monday and staying in San Francisco through ‘demo week’ in October.
Formed as a meetup group in 2008 and officially founded in 2011 as a “startup dedicated to assisting other startups,” H/F doesn’t supply direct capital — rather office space, mentorship, networking and other ancillary resources. The organization has a unique co-op model where 5% of a startups equity is split between the operators and peer startups from the class, spreading risk while creating a vested interest for all to succeed.
Grandt says his venture aims to raise a small amount of seed capital to cover cost of living expenses, with the goal of cash flowing by the time they are through.
“It’s a very exciting time for us. Our market is very big and it makes sense to branch out and bring what we learn back home.”