Matt Cornelius, Computer Science '25 | PaceDrone (Energy/Defense/Environmental)
Describe your company:PaceDrone sells drones that autonomously pace endurance athletes, such as runners, so that they may train more effectively and optimize their athletic performance.
Target Industry: Consumer and sports technology
What is your role in the company, and please list team members' names and their current role in the company: Matt Cornelius: Founder/CEO and Shawn Cornelius: Founder/CTO.
Why did you apply to Race To Revenue? What are you hoping to get out of this experience? I applied to Race To Revenue because I want to evolve PaceDrone from the first stage of a startup to a point where it could make revenue as soon as I were able to build the first version product.
Has there been someone who has helped you with your venture so far? Shawn Cornelius ( my dad) and everyone I have met through the IDEA Center pipeline.
What do you want to learn more about, relating to business development in general or your own company/venture specifically? I want to learn a lot more about financial modeling and unit economics.
Fun fact: We came up with this idea together in a Subway restaurant shortly after I competed in a high school track meet.