Even in the high-tech world of startups, juries still use pen and paper to score companies at pitch competitions. With its jury app, the Austrian startup DealMatrix, an incubation project by Venionaire Capital, introduces a better way: The jury scores all pitches straight via the app along such criteria as team, market or scalability. The final ratings are automatically calculated so the ceremony can commence without any delay. This means less hassle and stress for the event organizers, who receive a detailed evaluation of the scores in real-time.
DealMatrix conquers European Startup-Superevents
In the coming week, the DealMatrix Jury App is implemented at Exec FinTech, the largest invitation-only FinTech Conference in Europe. 30 carefully selected entrepreneurs will be pitching in front of the jury; the six best startups get to the finals, where they have the chance to present in front of the jury and the public. With the DealMatrix Jury App, the event organizers receive the results from the semi-finals and finals straight in their dashboard. Hence, the pitches can go on to the award ceremony without pause. In 2016, DealMatrix works together with events all over Europe. Just last week the jury app was used at the pitch competitions of 4 Years from Now (4YFN), the fourth largest startup-conference in Europe and part of the Mobile World Congress. One day later the app was implemented at an elevator pitch in the closest sense of the word: The Pitch im Paternoster in the Viennese House of Industry, where startups presented their concepts during an elevator ride. Next to providing their solution, DealMatrix sponsored a business analytics workshop as an audience prize.
Software Solutions for Screening and Evaluation of Startups
The Jury App is not the only solution that DealMatrix has in store. With its unified approach, DealMatrix offers solutions for all players in the venture ecosystem. For investors and corporates the DealMatrix launches a SaaS platform that provides an all-in-one approach that radically optimises the screening process of venture investments as well as corporate scouting by combining workflow, market data, network and further tools. Event organizers, accelerators and incubators receive a streamlined solution for the application, screening and rating process. “Venture is a dynamic environment that requires a smart and time-efficient tool for the interaction between its participants. The demand in the past months has confirmed the need for a software that can meet the requirements of the venture world”, says DealMatrix CEO Christoph Drescher.
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