Novotorium founder Mike Krupit and Inhabi co-founders Jameel Farruk and David Friedland began working together officially at the Novotorium space last Wednesday, according to the press release. Krupit had mentioned a growing relationship with the Inhabi team in a Technically Philly feature on the suburban incubator.
“Our participation with Novotorium is a strong advantage for our young and ambitious company,” Farruk said.” The Novotorium team provides us direct access to a skilled network of entrepreneurs and mentors.”
Inhabi is something like a dating site to match compatible renters and landlords, based on profiles each posts on the site that specifies their needs and preferences. The idea is to streamline the rental process for both sides and eliminate the time wasted by using Craigslist, real estate brokers or other apartment rental channels. Technically Philly wrote about Inhabi when it launched at the September Philly Tech Meetup and profiled the startup here.
By inking a deal with Novotorium, Inhabi will have the opportunity to work in the space at no charge for three months, alongside Zuppler, a restaurant e-commerce platform that’s been working with Novotorium since January. After three months Friedman, Farruk, and the Novotorium staff will evaluate their progress and Novotorium will decide whether to make a small investment in the young company.
“We provide the environment and structure for accountability, which helps set direct and keep focus,” Krupit said.
This process is all part of the Novotorium approach to incubating companies, which Technically Philly covered here.
Although Inhabi will now be working with Novotorium full time, the company has been participating in what Novotorium calls acceleration groups, two day mini-incubation programs. Inhabi and Novotorium connected at Novotorium’s “Occupy Novotorium” program in January 2012, according to the press release.
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