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Meet the Lucky 13 – Who is Joining Eleven’s Third Batch on April 8?

 
 

Meet the Lucky 13 – Who is Joining Eleven’s Third Batch on April 8?

Selection Day

Eleven Investment Panel

by Maxim Gurvits

After we broke the news for you last week (here and here), we thought it’s a great idea to give you a little more background on the 13 awesome teams that will be joining the Eleven family in our third batch, on April 8. Who are they, and what is the secret sauce that got us excited about having them at Eleven? It’s our pleasure to introduce!

CASETREK

LEGAL CASE MANAGEMENT IN THE CLOUD
We first met Ivan of CaseTrek back in September 2012, when he was pitching a different idea of an event, organized by Vukasin Stojkov, our scout for Serbia. A few months later, and after getting advice from Vukasin, as well as working with Ivan of Vetcloud, the guys at CaseTrek made it a no-brainer for us to decide to invest. Both the team and the market make great sense. Alexander and Ivan have formidable track record as developer and startup guru, respectively, and their domain expertise and product understanding stood out. The market is by no means easy – Max from the Eleven team actually tried unsuccessfully to innovate case management in his previous company – but we believe that CaseTrek’s positioning and early customer validation put them in a great place to make a dent in the lawyer universe at last.

CLICKO


SLIDE TO UNLOCK REAL-LIFE DOORS
Damian, Kalin, and Daniel from the Clicko team have CVs that would make any recruiter salivate: a top-of-the-line security systems specialist, a software developer responsible for programs with which spaceships are built, and 20 years of mobile development experience. Next to that, Daniel has been active as a mentor for Eleven, knowing the accelerator model and our workflow inside-out. With the best skills available, a tremendous market, and the know-how to lean-start a project, this was an opportunity Eleven couldn’t pass.

DIVESQUARE

GLOBAL MOBILE AND WEB PLATFORM FOR RECREATIONAL DIVING
The right kind of team, united by a passion for a sport that is undergoing disruptive triple-digit percentage growth; that’s the best description for the guys behind Divesquare (Alexander, Miroslav, and Stoyan). Alexander’s UX-focused dev skills, Miroslav’s domain expertise, and Stoyan’s business acumen position Divesquare to exclusively penetrate prime validation and distribution channels, offering a great product to a growing and very hungry market.

GYMREALM

ERP, CRM, AND SOCIAL INTEGRATION FOR GYMS AND THEIR CLIENTS
Dimitar and Martin of team GymRealm are textbook examples of product development, having built customized ERP solutions for 7 gym management companies, before validating that there is potential to integrate the most desired and necessary features into a shippable product, all the while experimenting with social features that could not only solve the gym’s organizational needs, but also the marketing ones.

KID-A-MOM

ONLINE VIDEO CONTENT CHANNELS FOR KIDS AND PARENTS
Bogomil, Christian, and Yavor, the guys behind Kid-A-Mom, have been leading the market for video content distribution in Bulgaria and the region within different businesses for years, witnessing the demise of traditional distribution channels. With Kid-A-Mom, they are teaming up to serve their trusted customer base in a completely different, new way: web and mobile.

LIONSHARP

VOICE AND GESTURE INTERACTION FOR COLLABORATIVE CREATION
Team Lionsharp first amazed us in January, when they pitched the Voiceboard product at a seminar that Eleven co-organized with Microsoft Innovation Center Armenia, in Yerevan. Giving up the security of stable jobs in a place like Armenia requires character, and this is exactly what Nigel and his team have in abundance; as well as engineering prowess and experience. Despite all the logistical challenges, the Lionsharp team will be joining Eleven in Sofia in April, building a product that disrupts interactive brainstorming and collaboration.

NUMBERPICTURE

BEAUTIFUL DATA VISUALIZATIONS
Domain expertise, multiple product experience, and an overarching commitment to beautiful design is what the NumberPicture team, led by South African-born Finn is all about. At Eleven, the team will iterate on the impressive demo version already released, changing the way we make charts from our spreadsheets.

SKIIPI

STAY CONNECTED AND INFORMED ON THE SLOPES
Ivan, Marko, and Mitch from Zagreb have impressive past experience, having built two successful businesses, including Croatia’s top branding agency, with offices in Zagreb and London. At Eleven, Skiipi team will tackle a market that is their great passion – skiing and snowboarding. According to Ivan, smartphones are more a nuisance than useful when skiing, while the worst part is coming home after a skiing holiday abroad and facing a triple-digit roaming bill. Skiipi’s hardware and software solution will change all of that, and more. And, of course, a few good words from our friend and Croatia scout, Ivan Brezak Brkan of netokracija.com, spoken at the right time didn’t hurt at all.

SOCIAL NINJA

THINK WORDPRESS FOR BRAND MANAGEMENT
The guys behind Social Ninja run a leading European social brand management agency, based in London in Sofia, and through serving their customers in the past several years, have validated the need for an affordable and lean online campaign management tool for social campaigns. Bringing social brand management to the masses, Social Ninja is like Wildfire, but with more options, out-of-the-box, and at affordable prices.

STORE TO DOOR

PRET-A-PORTER E-COMMERCE REIMAGINED
What happens if you take a leading fashion model, an editor of a top global fashion magazine, and an e-shop development guru? That’s right, the next big thing in premium fashion e-retail. With an impressive list of successful previous projects, the guys from Store To Door are validating a distribution and sales model for premium fashion items, which has impressed leading brands, and will substantially improve efficiency and customer experience in this field.

WOBEEK

BRINGING THE CLOUD TO BEEKEEPING PROFESSIONALS AND ENTHUSIASTS
The tale of the Wobeek guys from Novi Sad in Serbia is not only a tale of a great team (which Ivan and Novica are without doubt); but also that of a great market: beekeeping. Having seen the frustrations of his dad in managing his bee farm business, Ivan knew that with his experience, he can build a cloud product that can radically improve the efficiency of producers of this niche but impressively large global market. Which is exactly what he and Novica will be doing at Eleven

WONDER SWAMP

TOP-QUALITY VIDEO CONTENT FOR EVERYBODY
Hristo, Kalin, and Vladislav from team WonderSwamp excel in a quality that is rarely mentioned in startups: not only are they a great team tackling a great market, but they are above all amazing in execution. With a formidable record in video production, and having worked together for years, the three recently joined in WonderSwamp, offering a disruptive way for small businesses to build astounding video marketing campaigns.

ZZZZAPP!

UTILIZE AND MONETIZE YOUR WIFI CONNECTION
Dilyan from the Eleven team first met with the US/Croatian founders of Zzzzapp last summer, during StartupLive Split, and we’ve been tracking the team since. Robert and Tino have extensive experience with building products and leading businesses, and with Zzzzapp they have tapped into the massive craving for free WiFi, especially when the user is abroad and the alternative is (expensive) roaming. With Zzzzapp, any owner of a connected WiFi router can engage, target, and monetize the captive audience of their wireless connection.
 
As you can see, companies that make it into Eleven either are equally strong in all of the following three, or impressively excel in at least one:
Team
Market opportunity
Execution quality
 
While team means great interpersonal chemistry, prior experience, and founder personality, market opportunity is the awareness of where the puck is going, and the credible ability to skate to the puck, while making sure that the puck is big enough and worth it. Having said that, one of the most compelling reasons to invest in a team is a proven ability to execute. With teams like WonderSwamp, who are excellent video producers, Skiipi (leading branding guys), or Divesquare (professional diver and industry representative), we are putting more and more focus on teams that are really good at something, be it a personal competence or professional recognition, in the belief that if other components of a great startup are there, Eleven’s acceleration program can really propel such a startup project to global relevance.
 
We are full of excitement in the wake of this batch’s program launch on April 8; follow us on Facebook and Twitter for more stories soon to come!
 
Tell us what you think about the selected startups, join the conversation below.

 

xerox

xerox

We would like to thank Xerox for their support in organizing this event and making this weekend happen flawlessly. Thank you, guys!

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