40% Month-Over-Month Growth Positions Silvernest as “One to Watch”

TiE50, App Ideas Awards and Built in Colorado reinforce smart thinking and strong growth behind the online home sharing service for Baby Boomers

Boulder, Colo. – May 10, 2016Aging technology startup Silvernest is six months old, and the online home sharing service has been busy lately! The Silvernest team has grown to five core members; all of whom have extensive experience in entrepreneurship, finance, product development, marketing and technology. Membership in the Silvernest community has swelled to more than 1,400 homeowners and housemates, with listings currently available in 12 states. This startup baby is taking no time learning to run with 40% month-over-month growth, placing the company on a solid trajectory for the future.

During the past few months, Silvernest has also been recognized by some of the largest and most prestigious technology competitions and startup organizations in the country. From New York to Silicon Valley, a few highlights include:

  • Silvernest was honored as a "2016 TiE50 Winner" as part of the prestigious TiE50 Technology Awards Program for early stage technology startups, and will receive an IBM Bluemix Cloud Platform credit of $120,000. The TiE50 award for early stage technology startups were announced during TiEcon, the world’s largest conference for entrepreneurs, with participation from top technology companies, leading venture capital firms and global service providers. The event presented Silvernest the opportunity to network with leading venture capitalists, angel investors, incubators, technology hubs, serial entrepreneurs, industry experts and media.
  • Silvernest was also selected as one of only six finalists for the App Ideas Awards. The App Idea Awards, hosted by General Assembly, ROKO Labs, NY Harvard Angels and Columbia Venture Community. Silvernest was selected out of more than 2,000 submissions with the opportunity to pitch to a highly curated team of judges and investors to earn funding to develop an app to complement existing online services.
  • Built in Colorado named Silvernest one of “50 Colorado Startups to Watch in 2016,” reinforcing Colorado as an innovation hub with a vibrant and talented entrepreneurial spirit.

Executive Quote “We want to extend our gratitude to our Silvernest supporters, members, investors and advisors for helping to make our first six months a true roller coaster ride of the best kind,” said Wendi Burkhardt, co-founder and CEO of Silvernest. “As a TiE50 Winner, we are eager to take another spin, and are doubly committed to creating Silvernest as the highest quality service for the 50+ crowd of homeowners and housemates to have a secure, seamless and successful home sharing experience.”

About Silvernest

Silvernest is an online homesharing service designed to pair aging homeowners with qualified roommates, giving Baby Boomers and empty nesters an aging-in-place alternative. Through its roommate matching, lease management and localized support services, Silvernest combines the tools, expertise and commitment to provide the industry’s first comprehensive homesharing platform. This hassle-free service takes care of the details, providing piece-of-mind by enabling people to stay in their homes while benefitting from increased income and shared experiences. For more information visit www.silvernest.com or follow Silvernest on Facebook and at @SilvernestLife on Twitter.

Media Contact
Rebecca Scanlan