The Startup World Cup Virginia Regional Finals, held on August 28, 2024, marked a significant moment in the state’s entrepreneurial landscape, serving as a Virginia Startup Triumph. The event saw the state’s top startups compete for a chance at $1 million in investment capital and a spot in the global finals in San Francisco. The standout was ivWatch, a company that has developed a unique continuous IV monitoring solution, which took third place in the global contest. The success of ivWatch underscores the growing vitality of Virginia’s startup ecosystem and the potential for innovative companies to make a global impact. This Virginia Startup Triumph sets the stage for more exciting opportunities at the 2025 event.

The Startup World Cup Virginia Regional Finals

On August 28, 2024, the energy in Virginia Beach was electric as the city hosted a milestone event in the Commonwealth’s entrepreneurial history—the Startup World Cup Virginia Regional Finals, presented by Pegasus Tech Ventures. This was a Virginia Startup Triumph that saw the state’s top startups competing on a global stage for the first time, vying for a shot at $1 million in investment capital and a coveted place in the global finals held in San Francisco.
Out of a field of impressive innovators, ivWatch stood out, not just for their cutting-edge technology, but for their mission to revolutionize patient safety. Representing Virginia with both confidence and compassion, CEO Gary Warren delivered a powerful pitch that took ivWatch from regional champion to an impressive third-place finish on the world stage, marking another Virginia Startup Triumph.

The Problem They’re Solving

IV therapy is one of the most common procedures in hospitals and clinics worldwide. Yet, complications like infiltrations and extravasations—where fluids leak into surrounding tissue—can cause significant harm and often go unnoticed until it’s too late.

ivWatch has created the only continuous IV monitoring solution designed to detect these complications early, sometimes even before physical signs appear. It’s a game-changing innovation for hospitals, nurses, and most importantly, patients.

ivWatch’s Winning Pitch

In a concise and compelling presentation, Warren highlighted:

  • The Scale of the Problem: More people receive IVs each year than the number of iPhones sold—a massive global market.

  • The Technology: ivWatch uses a patented system to monitor IV sites in real-time, alerting clinicians to problems early and improving patient outcomes.

  • Personal Impact: Warren shared a heartfelt story of a personal experience with IV-related complications, underscoring the human cost of this issue.

  • Global Reach: With 69 global patents, FDA clearance, and a presence in 12 countries, ivWatch is not just innovating—they’re scaling fast.

  • Next Steps: The company is currently raising $25 million to fuel further international expansion.

You can watch the full presentation and witness the power of innovation in action: Watch Here

A Win for Virginia’s Startup Scene

ivWatch’s success is more than just a company milestone—it’s a major win for Virginia’s growing startup ecosystem. Their journey shows what’s possible when groundbreaking innovation meets strong local support and visionary leadership.

Looking ahead, the 2025 Startup World Cup Virginia Regional returns to Virginia Beach—bringing even more opportunities for bold founders to shine. Whether you’re ready to pitch your business or want to witness the next wave of innovation, don’t miss your chance to be part of this high-stakes, high-impact event. Apply or attend here.

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Let’s keep building. Let’s keep innovating. Let’s keep championing Virginia’s startups.

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