CareMonkey wins SLUSH 2015 (SLP Melbourne, 2013)Feb. 28, 2016, 10:38 a.m.
SLP Melbourne Fellow Troy Westley won SLUSH 2015 in Helsinki in November 2015, and a 650,000 euro investment. Slush is a non-profit event organized by a community of entrepreneurs, investors, students and festival organizers. Although Slush has grown from a 300-person event to become one of the leading events of its kind in the world, the philosophy behind it has remained the same: to help the next generation of great, world-conquering companies forward.The selected 100 companies were chosen out of almost thousand applicants by international investors. CareMonkey made its way through the first two rounds, beating in the finals Astro Digital from USA,PlugSurfing from Germany and Velmenni from Estonia.
The jury consisted of Ilkka Kivimäki, partner at Inventure, Fred Destin, partner at Accel Partners, Mike Chalfen, partner at Mosaic Ventures, Mattias Ljungman, partner at Atomico and Jaakko Salminen, Chairman of FiBAN. The investment offered to CareMonkey was the largest investment ever offered in a similar pitching contest. Last year’s winner Enbrite.ly landed a 500.000 euro equity investment, which was later negotiated up to 750.000 euros. The investment went through in May, and the company has since then become one of the hottest stars in the Hungarian startup scene.
(Tushar Gidwani, SLP Admin Intern)