Congratulations to the 5 finalists of L59 Pitch Competition 2024: GaltTec, AskToSell, Migrevention, Siffi, GeoBeholder. The final round for the €1M syndicate by EstBAN and Specialist VC will take place on the Bold Stage on May 24 during Latitude59 2024!
In 2024, the jury had an exceptionally hard time sieving out the most promising startups from a record-breaking pool of over 500 applicants. After the semifinals, 10 were left in the competiton, and now just 5 have remained standing to pitch on the big stage at the finals, on May 24 at Kultuurikatel. “These companies are a blend of developing impactful technologies and showing strong signs for future revenue growth,” says Samela Kivilo, Senior Associate at SpecialistVC.
Triin Ilves, the Head of Startup Relations at Latitude59 is proud of the selection of this year’s finalists: “Latitude59 stands for impact, resilience, and diversity. I don’t know if it’s coincidental or not, but our TOP5 founders represent all three abovementioned qualities. Their unique point of view adds a lot to the Nordic startup ecosystem and I’m glad to see them grow together with Latitude59. We’ve come a long way from first evaluating over 500 applications to now going through the due diligence process with the TOP5. I truly hope that their early potential is noticed by the investors.”
The 5 founders in the L59 Pitch Competition 2024 finals are equally excited:
- Daniil Lubkin, Co-Founder of Beholder: “It is a true honor to be in the finals. Beholder team is thrilled to participate in the final round of competition. We envision using the investment to develop out capabilities and help the world in green transition.”
- Katrina Laks, Co-Founder of Migrevention: “We are fundraising to expand our proven, efficient healthcare model from Estonia to the UK, aiming to manage care for 10,000 migraine patients this year.”
- Tarmo Pihl, Co-founder at Siffi: “Reaching the Top 5 at Latitude59 is a testament to the critical impact of our work. If we win, this funding will enable us to positively influence the well-being of hundreds of thousands if not millions more employees.”
- Laura Elise Arvisto – Co-founder at GaltTec: “Latitude59 top 5 sekka saamine on GaltTeci jaoks suurepärane võimalus end laiemale publikule tutvustada ning tõsta teadlikkust meie tehnoloogiast ja selle potentsiaalist. Selline kogemus on noorele iduettevõttele täiesti asendamatu ja ma loodan, et see viib meid kokku teiste tiimidega, keda me oma tehnoloogiaga aidata saame.”
- Laimonas Noreika – Co-founder of AskToSell: “Our team has already the experience of going from zero to hero, and crash back to zero. Now, with AskToSell, we are launching a product that would have saved our previous company. We’re happy to prove our case as a Latitude59 finalist.”