Press Release.


September 30, 2020
Seedstars is hosting its first ever virtual Seedstars International Demo Day 2020 on October 14, 2020 split in two sessions at 10AM UTC and 3PM UTC, featuring 2 MENA startups out of the 17 ventures from Batch 5 & 6. The culmination of the post-acceleration program will be livestreamed on Seedstars’ social media platforms and attendees can also register to meet with the startups. Tune in to hear from the founders as they present their tech and business solutions for a variety of industries across developing countries by signing up here: https://seedsta.rs/30fIbTv.

“We have two goals with demo day. First, we have asked the founders to put the ‘demo’ back into demo day and I hope that participants will get real insights into how the companies operate and their value propositions. Second, we want to share with the world the incredible opportunity and talent we’ve discovered in 2020 and encourage more people to focus their time, money or know-how on emerging markets,” shared Seedstars CIO Charlie Graham-Brown.

With a growing portfolio of 60 companies in 25 countries and with around 30 investments being added each year, Seedstars is continuously on the lookout for the next group of startups to help scale and add to the growing global network of entrepreneurs in emerging markets. The Seedstars Growth Program is designed to help companies with early signs of product-market fit implement a growth methodology and unlock their growth formula, positioning them to raise their Series A round. 

Despite Covid-19, Seedstars onboarded 17 startups to make up Batch 5 & 6 with a focus on companies either benefiting from or resilient to the crisis. On top of receiving access to thousands of USD-worth tools like Amazon Web Services, Xero, HubSpot, and more, participating startups receive 50K USD in investment from Seedstars and potential follow-on tickets from Seedstars and its network of investors. For more information about the program and to apply for Batch 7, visit their page: https://seedsta.rs/3ie1y5A

The cohort brings together a variety of tech solutions for a number of industries, with the startups specifically from MENA focused on TravelTech solutions.

Startup hailing from the MENA region

Dryve (Egypt) – Dryve is the first peer-to-peer car sharing platform in the Middle East and North Africa. Through their special relationship with Axa, they have introduced the first of its kind “pay as you drive” insurance policy in the Middle East and the first ever digital claims process in Egypt.

Optiyol (Turkey) – Optiyol helps freight and passenger transportation fleets for smarter route schedules that reduce costs and improve on-time performance. Optiyol provides optimization solutions for transportation planning decisions at strategic, tactical and operational levels. 

Fellow startups from the Asia, Africa, CEE, and LATAM regions also offer solutions in other verticals including FinTech, HealthTech, FoodTech and AgriTech, TravelTech, HR Tech, and EdTech. 

Startups creating accessible financial solutions and services

Baubap (Mexico) – Microcredit for unbanked population using alternative credit scoring

Chaka (Nigeria) – Chaka enables individuals and companies to invest in Nigerian and US stocks through its digital investment platform.

DB Menos (Mexico) – Provides solutions so that people with overdue loans can pay them off quickly at better rates.

Pezesha (Kenya) – Digital Infrastructure for financial inclusion of the underserved in Africa, currently reaching 7.23% week-on-week growth in terms of the value of loans disbursed, with rolling 30% monthly growth rate.

Net Worth Consulting (Mexico) – Making financial planning an accessible consumer product for Latin America.

Siembro (Argentina)- Siembro is an online lending-as-a-service platform connecting farmers with financial institutions to increase access to loans used to purchase machinery at the point of sale.

Startup digitizing health solutions for users and medical professionals

EviMed (Uruguay) – Provides international multilingual massive paid programs for continuing education of healthcare professionals all over LatinAmerica

Doc Doc (Colombia) – Primary health care telemedicine service focused on specialists.

Medcheck (Philippines) – MedCheck is a clinical data and e-consultation platform for medical specialists.  Through its cloud platform, doctors can improve patient care via e-consultation, record-keeping, and disease and treatment analytics.

Startups supporting the food industry

See Also

Manzana Verde (Peru) – Meal delivery and nutritional advice monthly subscription platform that achieves nutritional goals

Kludio (Bangladesh) – Delivery-only cloud kitchen with a focus on the development of its own brands

Startups providing travel and transportation solutions

Truck Lagbe (Bangladesh) – Truck Lagbe, meaning “Need a truck” in Bengali, is bringing transparency to the logistics market in Bangladesh through its booking platform. Through a mobile application Truck Lagbe connects truck drivers to companies and individuals requiring inter and intra city goods transportation. 

Startups improving HR operations

Listopro (Mexico) – Listopro seeks to streamline recruitment of top candidates in Mexico by giving companies access to passive talent that is pre-qualified. They offer the simplest way to build and hire your team.

Fuzu (Kenya)- Scalable online career accelerator platform, enabling users to enhance their chances of finding the right job and developing the needed skills through online content. The platform serves B2B clients by efficiently providing HR sourcing services for both entry and mid-level white collar profiles. Number one job board in Kenya and growing.

An EdTech platform making education more accessible

Studyfree (Russia) – Provides college applicants, students, professionals and immigrants with a one stop shop for any kind of international education (bachelor, masters, MBA etc.)

These 17 companies are set to pitch their product and share their progress in the online demo day on October 14 with the following schedules: 10AM UTC – Startups from Asia, MENA, Africa, Europe and 3PM UTC- Startups from LATAM.

To meet the startups and ask them questions during the demo day, please register on this page and you’ll receive the detailed instructions: https://seedsta.rs/30fIbTv 

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