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The New Ten

 
 

The New Ten

by Dilyan Dimitrov, founder at Eleven Accelerator Venture Fund

It was a great summer for Eleven. Doing this, and returning back in the beginning of September, exactly one year after we moved in the Roof with our first batch of 11 companies. It felt almost like the changeover to a new calendar year – a perfect opportunity to reflect on what we learned during the past 12 months; set exciting new goals for the year ahead; and start taking action to achieve those goals. It is like starting Eleven once again – breaking the patterns and habits of the past year and reinvigorating the way we operate. And what better way to do this, than with a brand new batch of exciting startups, joining our family on Monday, 16 September.

We are so excited to introduce our super star batch 4 teams!

DATAMAID

SERBIA (angel.co) – YOUR MULTIMEDIA ORGANIZED SO GOOD, ITS SEXY

We have been following DataMaid for a while, after we first met them in the beginning of April at the graduation of the SEE ICT’s Startup Academy (http://startupstandup.com/), and then we have seen Kat on and off on different events and occasions.

Being fast tracked by our Serbia scout, Vukasin Stoykov, and composed of a hustler and designer, tackling a problem with media, it was a clear winner from the start, and adding a hacker or two prior to joining Eleven did not hurt at all.

FASTOGRAM

LATVIA – A ROCKET-FAST START FOR SELLING ANY ITEMS VIA INSTAGRAM SOCIAL NETWORK

Ksenija, Aleksandr and Dmitry are a textbook example of a startup team – a business developer, project manager and a ninja hacker, that in the next few months will make selling your spare items quick and easy, using Instagram as a platform. Being our first team from Latvia, we are slowly, but steadily, advancing to new territories.

VOLOFY

BULGARIA – PLATFORM FOR GOOD CAUSES

Cvetomir, Ivan and Ivelin are the team that impressed us a while ago with their project, Walk to Help, where they wanted to change the world while walking. With Volofy they have taken a step further, and are finding a way not only to make the world a better place, but to make this into a sustainable business.

The project will facilitate pooling together various skills and resources, required for the realization of a good cause, promoting social responsibility and making the world a little better.

GRUVIT

ITALY (angel.co) – SOCIAL MARKETPLACE FOR MUSICIANS AND PARTY LOVERS

With a team already active in the field of party making and management, Gruvit was an easy choice for us. Luca, with a degree in Digital Music and Marketing, and Mario, an engineer and developer, will help you make your next party a blast, putting musicians and party lovers in touch to create the next unique live performance.

Another first for Eleven – an all-Italian team, now working on their project in Germany, will move to the Roof next Monday.

DATA CRAFT AND MAGIC

BULGARIA – CONTENT CLASSIFICATION AND INTER LINK

With a name, that sounds like a game from ten years ago, and description, that takes a masters degree in engineering to understand, Atanas, Deyan and Iva are able to classify documents in a way that it is producing similarity scores between documents, and keywords to documents relevancy.

If you are still not sure what it is all about, don’t worry – we did not fully understand it either, until they told us, that it actually is a platform-independent software integration solution for information retrieval and semantic indexing over large-scale of text resources. Much clearer, right?

PARUDI

ROMANIA – CASUAL, SOCIAL, CROSS-PLATFORM GAME

Adrian and Mircea almost nailed it into our Games Cohort, they just needed a little more time. This time everything was just right, and their game, Spot the Number, is making it into Eleven. No need to explain the project – you can download the game here and try it yourself.

BIOTTERY

BULGARIA – ALL-NATURAL AND ENERGIZING FOOD FOR ACTIVE PEOPLE

Buryan and Denica are the perfect team behind Biotery – Buryan has identified the need for the product, and Denica knows how to package it and sell it. The project is creating clean, tasty and easy to carry energy, supporting active people in their aspirations to set no limits for what they can do. Protein bars and gels are out there, but the ever growing movement towards natural and bio foods opens a great market for Biottery.

Did you notice we are venturing in food – an unchartered theritory for us and accelerators in general?

TAXIME

BULGARIA (angel.co) – GET THE BEST TAXI NEAR YOU QUICK AND HASSLE FREE

When was the last time you hailed a taxi in Sofia, and it turned out to be dirty, smelly and shaggy? Well, with TaxiMe this may just be your really last time ever. Another Taxi app, you might say. Well, it’s a start and their field execution is quite impressive. This is the team’s second joint project and their vision goes much deeper in the sector. Christo, a seasoned leader with solid commercial experience, and Tihomir, an engineer and developer, are the team that has been bootstrapping the project over the last 12 months.

HUNGR.IO

CROATIA (web) – REAL TIME COMMUNICATION CHANNEL BETWEEN RESTAURANTS AND RESTAURANT GOERS

Imagine a situation, where you just want to go out, but you cannot afford a top tier restaurant, while at the same time, some top tier restaurant has some great dishes already prepared, with no one to order? We give you Hungr.io – the real-time communication channel between restaurants and customers, providing relevant information in the right time to benefit both sides.

Marko and Velimir, both entrepreneurs with experience in ICT, first showcased their project at StartupLive Zagreb, and managed to impress one of our mentors, who then strongly recommended them to us. From there, it was an easy call, that will end up with a short ride from Zagreb to Sofia next week.

WONDERMAIL

BULGARIA – A MOBILE FIRST EMAIL EXPERIENCE

We never thought a 16-year old entrepreneur and iOS developer could ever be interesting for us. Actually, we never though such thing exists, until we met Martin at Startup Weekend in Varna this summer, where he stole the show with an amazing presentation and an even better prototype, which he designed in 54 hours. Together with another member of Eleven’s family, Theodosy, a seasoned entrepreneur and developer, they are aiming high, at fixing the problem with email (if you don’t know what the problem with email is, you don’t get enough emails, but trust us, it is huge).
 
As a general conclusion, and as always, our new teams are a great combination of applicable talent targeting an appropriate market with huge opportunity to scale. However, one thing is worth noting this time around – for the first time we either knew the majority of the teams for a while (and followed their progress and development), or they were referred by members of our network (or both). We will be looking into integrating this referral approach in our future application windows, so wait for more news on that soon.
 
We are thrilled to welcome this batch under the Roof on 16 September. We are also making improvements to our already amazing working space, so teams feel even more at home – follow us on Facebook and Twitter for more stories and footage soon to come!
 
Tell us what you think about the selected startups, join the conversation below.

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