The Mays Business School at Texas A&M University has announced that a student with ties to Katy has just advanced to the top 27 in a national AI venture competition.

Matthew Schaefer, a student at Texas A&M's Mays Business School, is the founder of OsageMD, one of 27 semifinalist ventures selected out of 531 student-led AI teams from 160 colleges and universities nationwide in Mays Business School's AI Venture Velocity Challenge.

OsageMD automates medical lien case management for personal-injury law firms and medical providers, a notoriously messy, document-heavy process. Schaefer's team stood out by bringing AI directly into that real-world operational workflow, testing actual records and process constraints rather than relying on a polished pitch alone, according to Nicole Nelson, media relations manager for the school.

Schaefer, a graduate of James E. Taylor High School Class of 2020, recently moved back to Katy and lives in the Morton Ranch area. His parents also live in the Katy area near South Mason Road. He is currently pursuing his Master of Business Administration at Mays Business School with certifications in business intelligence analytics, marketing, and supply chain management. and he previously earned his B.S. in Economics from Texas A&M University in 2024. After graduation, Schaefer plans to continue with Osage Capital as its Manager of Financial Operations, where he looks forward to helping grow the company's medical lien financing platform.

Later this summer, judges in the Mays Business School's AI Venture Velocity Challenge will narrow the field to 12 finalists, who will compete on campus this September for $175,000 in non-dilutive funding, including a $100,000 top prize.