40 startups from Romania, Poland, Croatia, Hungary, Bulgaria, Estonia and Lithuania selected this year to participate in the Startup Spotlight 2020 program and competition organized by How to Web.
Among the 10 startups that presented their products in the Startup Spotlight final on December 4, Cartloop is the startup that convinced the Startup Spotlight 2020 jury formed by Monica Obogeanu (Orange Romania), René Schöb (KPMG Romania), Ionuț Stanimir (Banca Comercială Română), Dan Oros (Google), Andrei Dudoiu (SeedBlink), Mălin Ștefănescu (TechAngels), Dan Mihăescu (GapMinder VC), Andrei Pitiș (Simple Capital), Emmett King (Transylvania Angels Network), Raluca Panțiru (Fitbit ), Sergiu Pop (Microsoft Romania), Mihai Frențiu (Tech ‘n Trade), Bogdan Axinia (eMAG), Laura Ștefan (Mastercard Romania), Alexandra Marcu (2Checkout, now Verifone), Marian Dinu (DLA Piper Romania). Also, Teleport and Plant an App won the 2nd and 3rd places.
Cartloop is an eCommerce startup that helps stores optimize their sales and customer relationship through text messaging, and this time they “went home” with the investment prize of 225,000 euros.
The 225,000-euro prize is offered by a group of local investors: SeedBlink equity crowdfunding platform, TechAngels angel investor network, Gapminder VC investment fund, Simple Capital private investment vehicle and us, Transylvania Angels Network investor network. The amount represents a contribution to a future investment in the winning startup, in the form of a convertible note.
The Cartloop platform was launched by Andrei Negrău and Lisa Popovici, in April of this year, with the intention of bringing the online experience closer to that of a physical store. Since its launch, Cartloop has generated $400,000 in revenue for customers.
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