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The TOP 12 Estonia’s early stage startups were revealed

NGO sTARTUp Day

sTARTUp Day 2016

10 November / A jury of investors chose Estonia’s 12 best early stage startups that have the potential to reach international success.

In the next round the TOP 4 teams will be announced, who will then go to the finale.

Estonia’s best early stage startup will be announced on the 8th of December at sTARTUp Day business festival.

Altogether over 100 startups applied in the competition in just a few weeks. The investors belonging to the Angel Investment Program chose the 12 most promising ideas and startups from the applicants. “Even though the level of the startups participating in this competiton varies in a certain degree, then choosing the TOP 4 will not be so easy anymore: very good canditates have emerged,” said the Estonian Business Angels Network (EstBAN) president Rein Lemberpuu on the high level of the competing startups. “It’s especially great to see so many new startups, which means the Estonian startup scene keeps on getting better.”

Lemberpuu adds that one reason of hosting such a competition is to increase the visibility of the new early stage startups. At the sTARTUp Day 2017 business festival the finalists will have the possibility of showcasing their startup company to more than 2500 festival guests, investors, media and future partners. At the festival stage the winner of the “Estonia’s Best Early Stage Startup of 2017” title will be announced with an investment prize of up to 200 000€.

Last year’s winner of the “Estonia’s Best Early Stage Startup of 2016” title Deekit has enjoyed international success ever since. Besides the winning investment, the company has raised an additional €468,940 investment, received international recognition and was named the finalist at the Startup Europe Awards.

The TOP 12 Estonia’s best early stage startups of 2017 are the following (in alphabetical order):

Autolevi - Airbnb for cars
Avokaado - Provides up-to-date content and tools to create, collaborate, sign and store your documents in a secure cloud
Fanvestory - We help artists by allowing fans to invest in their songs and earn profit when the song becomes successful
Fitlap - A smart and self-learning meal planner to make a revolution in healthy eating
Foxcademy - Studying platform helps students get smarter and increases teachers' impact
Fractory - A one-stop-shop for laser cutting services
Frank.ai - Advertising genius that helps startups to grow through smart online advertising
GuestJoy - Helping hotels to upsell and collect feedback with data-driven guest communication tool
Hoopy - AI-based app discovery platform and parental control solution for children's first smartphone
TitanGrid - Helps large companies identify and reduce individual's cyber risk in a fully automated way
Transformative - Mission is to revolutionize healthcare through predictive analytics and artificial intelligence. Our initial focus is on Sudden Cardiac Arrest
Tsekk.ee - We save accountants 75% of time in receipts handling

In addition to the aforementioned startups, AdoptoMedia, CRIP.TO, Dermtest, Petsrobot, Portata, SmartSub Inc, StandByMate and Zubax Robotics made it to the TOP 20 list.

The election of Estonia’s best early stage startups is organised by the Estonian Business Angels Network (EstBAN), Contriber and Startup Includer.

Contact:

Rein Lemberpuu
President of EstBAN
rein@contriber.com
tel. +372 50 358 97

Last changed 10.11.2017