The winner of Slush 100 Pitching CareMonkey is offrered a EUR 650 000 investment.
The winner of the Slush 100 pitching competition is Australian CareMonkey. The winner is offered a 650 000 euro investment by Evli Bank, FiBAN business angels and a group of private investors. Evli contributed EUR 100 000 to the award.
The competition received almost 1000 applications, of which a jury of international investors elected the 100 most promising early-stage start-ups. Of the 100 start-ups that participated in Slush 100 four were selected to the finals: Astro Digital from USA, CareMonkey from Australia, PlugSurfing from Germany and Velmenni from Estonia.
The winner company CareMonkey has a risk management system that automatically keeps medical and emergency data up to date and makes it instantly available on mobile devices.
“By supporting the Slush 100 pitching competition Evli Bank helps start-up companies in improving their visibility and attracting new investors. It is great to support start-ups in an event like Slush”, comments Esa Pensala, Head of Wealth Management Services at Evli.
In addition, PwC and Mäkitalo Rantanen & Co support the winner by providing their services to the value of EUR 15 000 each.
The jury in the finals consisted of Accel partner Fred Destin, Mosaic Ventures partner Simon Levene, Atomico partner Mattias Ljungman, FiBAN Chairman Jaakko Salminen and Inventure partner Ilkka Kivimäki.
The investment offered to the Slush 100 winner was once again the largest investment ever offered as grand prize in a similar pitching contest.The 2014 winner Enbrite.ly was offered an investment of EUR 500 000. During the spring, SpeedInvest joined the funding round, making the total size of the funding EUR 750 000.
Esa Pensala, Evli Bank Plc, Director, Wealth Management, tel. +358 40 770 5007