Trezeo, a highly innovative digital startup, is the winner of NDRC Investor Day Autumn 2017, in partnership with Bank of Ireland, securing €30,000 in follow-on investment from the country’s most successful digital accelerator and early stage investor.
A fintech business, Trezeo provides financial stability for self-employed workers in the gig economy by turning unpredictable income streams into reliable and regular payments, with no interest or hidden fees involved. Subscribers pay a subscription fee for the service.
Trezeo was founded by two highly experienced financial services and technology professionals, Garrett Cassidy (CEO) and Flavien Charlon (CTO). Trezeo is launching a pilot in the UK in November and is raising funding to launch its full product in 2018. The company recently won the Payments Dragons’ Den competition at PayExpo Europe in London.
At NDRC’s Autumn Investor Day today, 11 companies pitched to a panel of investors in sectors ranging from equestrian sports data management software, online music community platforms and on to continuous development for medical professionals, all looking to secure next stage investment and continue their path to growth.
Judges included experienced investors Ben Hurley, CEO NDRC; Nicola McClafferty, Draper Esprit; Steve Collins, Frontline Ventures and David Bowles, Delta Partners. NDRC’s Investor Day is run in partnership with Bank of Ireland.
NDRC builds and invests in digital startups. To date, NDRC companies have generated more than 1,600 jobs directly and indirectly, worldwide, with 1350 of those based here in Ireland. 34 NDRC startups have also opened operations outside of Ireland. NDRC’s portfolio of companies include Tandem, SilverCloud Health, Newswhip, Boxever and Nuritas.
NDRC has a mandate from the State (Department of Communications, Climate Action and Environment) to make these investments; ensuring digital entrepreneurship is a vibrant and growing part of the Irish economy and helping position the country to compete internationally.
Ben Hurley, CEO NDRC said: “Trezeo has an outstanding solution and stood out to all of the judges as having serious potential for growth in international markets. This finishing investment will be coupled with intense supports from NDRC in areas including investor relations both here and abroad, helping to build the business further.
“Overall, the pipeline of emerging indigenous tech companies remains strong and investor interest is high in NDRC companies, which is a key metric for us.”
David Tighe, Head of Enterprise and Innovation in Bank of Ireland said: “Bank of Ireland is delighted to continue its partnership with NDRC. Today is further evidence of the exciting talent that is present in the Irish tech startup ecosystem and supporting early stage entrepreneurs in Ireland is pivotal to supporting business growth.”
NDRC’s Spring 2018 Investment Programme is open for applications from today here.
Please find below information on the 11 startups who took part in today’s NDRC Investor Day:
EquiRatings is a sports data and analytics company dedicated to equestrian sports. It helps federations around the world commercialise their database and provides risk and performance insights.
DwellDown lets users rate, review and compare their rentals. DwellDown helps tenants discover the ideal place to call home through sharing and transparency.
Medit is a knowledge sharing platform for medical professionals - helping them learn from the collective expertise of the medical community and discover quality content, shaped to their needs by artificial intelligence.
Horus has developed the Horus Sentinel, the world’s first intelligent, cloud-connected sensor which acts as an early warning device to identify failures in machines.
Stride makes career discovery personal. Stride uses machine learning to bring relevant and authentic information to every student, inspiring great college and career choices.
Izzy Wheels provides a collection of stylish wheel covers for wheelchairs, transforming a medical device into a piece of fashion and self-expression.
TravaPlan has developed a new way to deliver convenience control and compliance to unmanaged business travel, the largest and fastest-growing sector of the business travel market.
Sroomm helps people look for roommates by matching and connecting them with the right person, based on compatibility.
Melosity has created an online community for musicians to connect with like-minded people, and an online studio to enable them create music easily, from anywhere.
Trezeo provides financial stability for self-employed workers in the gig economy by turning unpredictable income into reliable regular payments.
Profile 90 takes traditional sport talent identification and scouting to the next level, by integrating the latest scientific insights.