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NEWS August 28, 2017

Here are the new Sting Accelerate companies

The eight startups that have been selected for the fall batch of Sting’s Accelerator program offer solutions ranging from car wash to Facebook for riders. All companies receive SEK 300,000 from Sweden’s most active private seed investor, Propel Capital, to accelerate growth.

The selected group of Sweden’s most promising startups will receive intensive coaching during 20 weeks by Sting’s coaches to increase the pace of development, rapidly enter the market, and increase the chance of success.

– The new Accelerate companies want to strengthen their sales efforts and represent services ranging from car wash to Facebook for riders and SaaS services for training companies. The group is made up of strong entrepreneurs who will be able to lift and inspire each other. They will certainly impress the startup world, says Ivar Strömberg, coach at Sting.

New this year is that, in addition to support from Sting’s experienced coaches, the companies also have access to 30 hours that can be used for buying coaching offered by external experts in areas such as SEO / SEM, UX and Conversion Optimization .

One of the new companies is Woshapp, which simplifies car wash by going to the customer and washing the car on site, utilising an environmentally friendly washing method.

– We have exciting contracts with some big companies that have many cars, and we already have over 20 percent recurring customers. We applied to Sting because they have extensive knowledge and have helped a large number of companies during many years. We are very excited to have been selected to the program. We are now looking forward to tough and sincere coaching that can seed up our growth rate, says Jens Karlsson, co-founder of Woshapp.

Another company has developed Ztable, an app for riders, offering a training calendar, inspirational riding exercises and a social network.

– We had a very successful launch in early summer and now have 17,000 downloads. We are looking forward to being challenged by Sting so that we can increase the pace and get even better. Getting access to Sting’s network, know-how and coaching will be a great opportunity for us, says Ingrid Sundqvist, founder and CEO of Ztabler.

In addition to coaching in business development and financing, the eight Sting Accelerate companies, also receive support in recruitment and communication, and get access to Sting’s network of business contacts and investors. During the program, Sting companies are offered free office space at the internet hub SUP46 in central Stockholm. Since the start of 2002, Sting has coached over 200 startups. Among the Accelerate companies are Sellpy, Dreams, Karma, Mondido and Sudio.

The following eight startup companies are included in the fall of Sting Accelerate:

Gigital is the first completely digital solution for booking live performers for professional and private events. As a customer you can search, filter, sort and compare the wide range of performers. Completely without middle men. All the communication and payment is done fast and easy directly over the platform. www.gigital.se

GoFrendly We love friendship stories! GoFrendy offers women of all ages and regardless of their life situation an opportunity to create new friendships in a safe environment and through a smart and easy matching process. GoFrendly is available for download on the App Store and released for Android in September 2017. www.gofrendly.se

Kinexit is an online subscription service bringing individualized movement to those serious about health, fitness, and sports. Active people, athletes and those who coach, train and treat them. Activity participation and sports performance is fully individualized and optimized to drive fast results. Movement restrictions are found and fixed to unlock greater possibilities for anyone. All this in an affordable subscription on your mobile device. www.kinexit.com

Learnster is a learning ecosystem and the first cloudbased end-to-end service for learning providers and consultants. Learnster cut time spent on managing courses by 50 percent, saving money on every level, modernizing and distributing course content and making it available in all devices, and most importantly – increases the learning experience and outcome. With Learnster our clients can futureproof their learning offer and business. www.learnster.com

Pushappy is a clever tool that make selling both more effective and fun.
With our app system your sales will increase fast, using our gamification concept.
All sales within the goals you set will be followed up in real-time, helping you to act proactive upon results and get your sales force more motivated than ever. www.pushappy.com

Wopify wants to create the world’s smartest job matching engine and offer people who already have an employment the opportunity to discover new exciting job challenges worldwide, while remaining 100% anonymous. www.wopify.com

Woshapp is the car wash that comes to you. For every car we wash with our proven formula, we save around 200 liters of water. Our formula is also gentle on the paint and reduces the risk of scratches and swirl marks. With Woshapp you just press a button while we take care of the rest. Easy, convenient and safe. www.woshapp.se

Ztable is an app designed especially for riders. It contains a training calendar, inspirational videos and a social network. We give equestrians on all levels the opportunity to share their passion, develop their riding and achieve their goals. Free on AppStore and Google play. www.ztable.se

 

Events August 11, 2016

Startup/Investor Matchmaking at STHLM Tech Fest

STHLM TECH FEST background image (3)As part of the STHLM Tech Fest, the biggest event of the fall, STING is hosting a high-energy startup/investor matchmaking session Monday 5th September, which promises to be the most intensive hour of the Fest!

***The matchmaking is only available to startups that have registered for a demo table, and to investors. Please register at STHLM Tech Fest 2016. Please note: the bids from investors and startups have been received and the matchmaking is now closed. 

These investors are registered for the matchmaking:

 

Almi Invest 

Alpha Nordic Capital

Atomico

Bonnier Growth Media

Capital A Partners

Conor Venture Partners

Creandum

DN Capital 

eEquity 

Eight Roads Ventures

Google

HV Holtzbrinck Ventures       

Index Ventures

Industrifonden 

Inventure 

Karma Ventures

Kinnevik

Kreos Capital

Lakestar 

Maxim Ventures

MOOR  

Mosaic Ventures

Nokia Growth Partners

Nordnet Ventures

Northcap

Northzone 

Open Ocean Capital

Pioneers

Piton Capital

Point Nine Capital

Schibsted Growth 

SEB Venture Capital 

Spintop Ventures

Sweet Capital

Telia Company

UNIBET

Varenne Investment

Ventech 

Vireo Energy

 

And these startups:

 

Adaptive Simulations

Adventure Box

Albacross

AlmaMapper

Beatly

byyMee

ChainVine

Chargly Technologies

CloudME

Divvit

Fieldly

Gaddr

Garantibil

Handiscover

Inkassogram

Light Flex Technology

Mind Music Labs

Moggie

Musqot

Palaver 

Prime Pilot

Privasee

RaceONE

Rokii

SelfieJobs

Sniph

Speakerbox

Spotscale

Storebadge

Strawpay

Strossle

Toran

Track Tape

Triggerbee

Twelve

Uckyou

WOPPY

XIOS/3

XMReality

How will it work?

You will choose which 3 investors you would like to meet with the most. A schedule is then put together based on everyone’s picks (with the aim of accommodating as many as possible). At the Tech Fest, each investor will have a high top table where the meetings will take place. You will have 10 minutes total at a table before a signal will sound. You then have a couple of minutes to wrap up before it’s time to switch to a new table. We recommend that your pitch doesn’t exceed 3 minutes to also leave time for questions before you switch to the next investor. You can bring a laptop and other material (that are easy to carry and move around) to demo your product, but there will be no electrical outlets.

If you have questions about the matchmaking session, please contact Linda Wellgrant, Event & Office Manager linda.wellgrant@stockholminnovation.com

> More info about STHLM Tech Fest 

NEWS April 7, 2016

Worldfavor raises 5 MSEK to revolutionize the management of corporate sustainability data

Worldfavor_team_close

Having a strong sustainability profile could mean great value for a company, but no player has taken on the task to digitize and centralize all the world’s comapny sustainability data – until now. The STING company Worldfavor has raised funding to expand and secure this position: 4 MSEK from AXSU Ventures combined with VINNOVA and EU funding of about 1.3 MSEK.

Worldfavor’s cloud-based SaaS solution offers companies worldwide a radical streamlining of its management of information relating to economic, environmental and social sustainability – from collection to compilation and communication. The service can be applied both within the company and in the supply chain, and even visualized toward more and more sustainability-conscious consumers.

– The potential of Worldfavor is fantastic. Digitalizing sustainability reports is both commercially good for businesses and a way to make the world more sustainable. It will be very exciting to join the journey together with the talented Worldfavor team, says Axel Sundstrom at AXSU Ventures.

Worldfavor also releases the possibility for anyone to ask companies for their sustainability data. The vision is that all information should be digital in one place – easy to access, share, compare and analyze.

– The timing is very interesting right now. For example, there is a new EU legislation on sustainability reporting, and we want to ride that wave as much as we can. We expect to increase our user base in the category large companies to about 17,000 within three years on a global scale, says Frida Emilsson, co-founder of Worldfavor.

The product is based on international sustainability standards and already has more than 2000 member companies, including Folksam, HSB and Länsförsäkringar. The investment will mainly be used for expansion with a focus on marketing and sales. The company will also prepare for expansion into the international market.

– We are very happy to have an investor who, in addition to significant expansion capital, will contribute with experience from breaking new ground in the digitalization of a new area, and sales to large corporations. They also have a technical expertise that we value, said Frida Emilsson.

> Read more about Worldfavor

 

NEWS August 13, 2015

APPRL secures 1 million SEK

Fashion tech company APPRL raises 1 million SEK in a seed round led by the private investor Jonas Dromberg. APPRL, a STING Accelerate alumni, enables bloggers and media to monetize their traffic by forwarding the traffic to online stores.

> Read more about APPRL