The Summit: Class of 2013
Last year we welcomed over 1000 early and growth stage startups to The Summit in Dublin. As part of our new Startup Success Series, we’re catching up with a selection of the best and the brightest startup teams to find out what’s changed for their company in the past year. We’ve got many more features to come over the next two weeks, but for now, here’s a synopsis of what the Class of 2013 has achieved thus far.
Since exhibiting as part of START at The Summit 2013 Nest has gone on to achieve big things, ultimately being acquired by Google for $3.2 billion last month. They are the largest of many success stories, presenting their plan for reinventing ‘unloved’ home products. Check out Founder and CEO Tony Fadell and his fireside chat with David Rowan in the RDS last October (below).
PR Slides were the youngest START company at The Summit this year. In the aftermath of the event, they successfully managed to raise €400,000 in investment through contacts made during The Summit.
“We aren’t at that stage yet but if and when we do go and raise another large round of funding it will be because of the contacts we made at the Summit this year.”
– Niall Harbison, Co-CEO of PR Slides
We had some great news during The Summit this year. On the 29th October this year, Layer announced that they had secured $6m in funding. Based in San Francisco the company is aiming to make rich, secure, scalable communications easier.
The world’s first smart bike lock company took part in the START program at last October’s Summit. In the month following The Summit they secured a 7 figure VC investment, while also successfully finishing crowdfunding with Kickstarter goal in November.
Another START entry, Nexmo have just closed a very successful Series C funding round. The $18m raised over the round brings their total funding to $22m. The company is continuing to expand globally, recently announcing direct routes into countries including New Zealand and Zimbabwe
This app based startup has raised over a million dollars since exhibiting at The Summit in October. As part of the ALPHA program the company exhibited to some of the world’s leading investors, raising $1.1m since the event.
This online grocery startup came all the way from Singapore to take part in the START program at The Summit 2013. The company has been hugely successful since, securing $5.4m in fundraising.
Trustev secured $3.5m in funding at the time of The Summit. The fraud prevention startup were one of a number of home based success stories to come from the START program. Following the event, Trustev announced that they had received another $500k. You can watch the announcement on The Summit Main Stage below.
Cleverbug announced a €4.4m in funding last month, bringing their total raised to €6m. With the app downloaded in over 150 countries worldwide, the company has announced plans to employ another 25 people over the next 12 months to meet the growing demand. They participated in the ALPHA program in 2013.
Since exhibiting at The Summit 2013 The Muse have raised $1m in funding. The website tries to match people to specific jobs that they will enjoy. American TV personality Tyra Banks is among the investors.