Announcing the 10 B2B / B2B2C startups selected to join the Momentum London Spring ’17 cohort
Over the past three months, the Momentum London team has spoken to hundreds of startups as the deadline for the Spring cohort beckoned. On Monday 13 2017, the team welcomed 10 startups onto the Momentum London programme as they began their three-month journey with us.
Over the course of 12 weeks the teams will take part in several sessions that will help validate their proposition with industry verticals, understand corporate pain points and start conversations around commercial opportunities.
This ensures startups identify opportunities or roadblocks within industries, shape future product iterations and accelerate relationships with key stakeholders.
So without further ado, here are the 10 startups that are on the Spring 2017 programme:
Applied Blockchain is a full stack blockchain applications development and consulting firm. The European FinTech 100 nominee founded in 2015, is self-funded having built private blockchain applications for both startup and corporate clients that are now live in production environments.
AVORA is a business performance platform for everyone. It improves a business’s focus on commercial excellence and reduces cost of data storage, hosting and reporting. The 12 strong team has raised £1.5 million to date and count the likes of Ocado and Boohoo.com as customers.
Avvoka is a contract creation, workflow and analytics tool, transforming sales agreements in the cloud, enabling businesses to close deals in record time. The company raised $216,00 last year as they look to expand operations in the UK.
DevicePilot provides live status dashboards, operational analytics and the ability to automatically remedy problems in live IoT device estates, allowing organisations to strengthen customer service reputation and reduce operational service time and costs. The London based, Wayra alumni, have raised $900k to date.
Digitteria provides users and enterprises with easy to use, personal information management solutions that decentralise and equitably distribute the power of users’ personal information. The experienced team have raised £158,000.
Divido is a ‘Finance as a Service’ provider; a platform for merchants, lenders and intermediaries that want to offer instant instalments as a payment option. The London based team have raised £2.5million to help retailers offer instant finance, increasing footfall, basket size and conversation rates. Last year InnoPitch (European Commission & European Parliament) identified Divido as ‘European Innovator of the Year.’
NuCypher is a security and encryption platform for organisation’s big data platforms (namely Hadoop, Kafka and Spark), whether on-premise or in the cloud. Unlike existing security and encryption tools, NuCypher doesn’t require tradeoffs between security, performance, and functionality. The SF based team include Y Combinator and NewGen Capital as investors.
SentiSum is a technology startup which is leveraging Artificial Intelligence and Big Data to help enterprises gain competitive advantage. Their current focus is to help our clients reduce customer churn, improve user engagement and brand monitoring. The team was part of 500 Startups in SF where they have an office as well as one in London.
The future of regulation and compliance demands a shift in the way we operate. Waymark Tech offers a platform that breaks regulations down by turning the complex into prescriptive actions, leveraging the latest in natural language processing to deliver at a speed, scale and cost not currently possible using manual methods. Last year Waymark Tech were selected as one of 50 highly investable SaaS startups by Tracxn.
We Love Work is a hiring app that predicts culture fit and measures values alignment between individuals and teams. It can be used to benchmark the values and motivations of top-performing employees and predict candidates who are the best fit for the company culture. The company originally based in Newcastle has raised a £50,000 seed round so far.
The Spring cohort concludes with Demo Day on 1 June 2017.
Applications for the Summer cohort are now open. Please visit www.momentumlondon.com for more information.