Mavatar Wins Best Pitch At San Francisco Startup Event

SAN FRANCISCO, May 24, 2013 /PRNewswire/ -- Mavatar Technologies is proud to announce the company won the best pitch at Tech Cocktail's San Francisco Mixer & Startup Showcase. Susan Arkbarpour, co-founder and president of Mavatar presented on stage in front of an audience of over 200 people and after all 12 startups presented their pitch, the audience voted for their favorite startup, in which Mavatar was victorious and won an invitation to Tech Cocktail Week in Las Vegas.

(Photo: http://photos.prnewswire.com/prnh/20130524/SF20814)

Mavatar is a free iPad app and web browser add-on, allowing consumers to comparison shop across multiple top retailers while also automatically searching for the best available coupons and promo codes. The company recently received one million dollars in seed funding from Super Angels and just came off a successful launch at Tech Crunch's Startup Alley, part of Disrupt NY 2013 and #SFBeta in San Francisco, impressing attendees, media and industry leaders with their ecommerce, game-changing product. Consumers save time and money shopping online, ensured they're receiving the best possible deal online by finding all valid promo codes and automatically applying them with the users' saved personal deals at checkout.

Recently named Best Shopping App by a leading lifestyle product expert and TV personality, Mavatar allows everyone from a busy mom to the savviest fashionista to never shop online the same way again The company changes the online shopping experience to make it streamlined and organized. The app allows users to create one cart, one wishlist and one digital coupon wallet that can be shared within the user's social network with all their saved items in one place, regardless of the store, thus eliminating the need to manage multiple lists.

"Tech Cocktail is dedicated to showcasing the best and brightest of startup communities from around the country.  There is no better example of this than with the Hottest Showcasing Startup - Best Pitch SMS vote, for which Tech Cocktail Mixer attendees decide the winner.  The people have spoken and have told us that Mavatar was the hottest amongst the group at Tech Cocktail San Francisco," said Zach Davis, Director of Marketing of Tech Cocktail.

Newly added stores Saks Fifth Avenue, Levi's and Quicksilver join the other supported stores including favorite brand names Macy's, Nordstrom, Neiman Marcus, Banana Republic, Gap, and Old Navy, as well as other top retailers such as Bloomingdale's, Athleta, Bergdorf Goodman, Horchow, Last Call, and Piperlime. The company is adding more stores at a rapid rate and soon plans to have hundreds of them supported through its platform.

"We are thrilled to win the best pitch award and be recognized by fellow technology entrepreneurs, media and executives for our work," said Susan Akbarpour, co-founder and President of Mavatar. "Tech Cocktail is a great forum for startups to demo their products and we're proud we were selected to participate and showcase our newly launched product to a group of savvy technology insiders." 

Tech Cocktail is a media company and events organization for startups, entrepreneurs, and technology enthusiasts. Since 2006, its goal has been to amplify local tech communities and give entrepreneurs a place to get informed, get connected, and get inspired. Tech Cocktail hosts events in over 20 cities in the US and abroad.

Mavatar Technologies recently received $1 million in investment capital from former Facebook CPO, Chris Kelly, scientist and award-winning retired Stanford Graduate School of Business lecturer, Jeffery Moore, CEO of Triton Systems, Ross Haghighat, and Medical Director of Pain Specialists of Orange County, Dr. Afshin Grayeli and his wife Anousheh.

Mavatar's advisory board members include Jerry Socol (former CEO, Filene's), Jeffrey Moore (Scientist, retired senior lecturer, Stanford Graduate School of Business), Paul Deneve (CEO, Yves Saint Laurent and former CEO of Lanvin & Nina Ricci), Chris Kelly (former Chief Privacy Offer, Facebook), Ross Haghighat (Entrepreneur/VC, Triton System, Chairman/CEO), and Mitch Stein (User Experience Scientist in Apple, IBM Research, Oracle).

About Mavatar Technologies
Mavatar Technologies, Inc. is a privately held company that offers a smarter online shopping solution by combining patent-pending technology with a superior user experience. The company's core technology consists of a universal shopping platform that allows users to comparison shop across multiple retailers at the same time while applying all promotions available to purchases automatically. For the consumer, Mavatar delivers a simplified and personalized shopping experience with the best pricing. For the merchant, Mavatar helps to reduce cart abandonment while strengthening brand identity and marketing efforts. The company was founded in 2011 and is located in Silicon Valley. For more information, please go to www.mavatar.com or visit Mavatar on Facebook, Twitter and Pinterest.

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SOURCE Mavatar Technologies, Inc.