With the number of tech accelerators globally now more than 1,500, there has been similar growth in Seed and Angel investments. Ironically, the number of venture firms making Series A and later stage investments in technology startups is actually declining, with 61% of US early-stage companies unable to raise follow-on funding of any kind. This phenomenon, studied by industry analysts and documented by PriceWaterhouse and CB Insights among others, is known as the “Series A Crunch.”
Does your company need Series A financing? Companies from anywhere in the world are being invited to apply for participation in the Global Startup Pitch. The application deadline is fast-approaching. Applications will be accepted until Monday, January 27, 2014.
Contest judges include but are not limited to…
- David Roman, CMO of Lenovo
- Greg Stuart, Global CEO of the Mobile Marketing Association
- Jane Randel, SVP Communications & Brand Services, Kate Spade
- Gavin Marshall, Head of Digital Innovation, SAB Miller
- Carl Fremont, Chief Digital Officer, MEC
- Stephanie Hospital, EVP, Orange
In addition to funding round eligibility, the top two startups will each receive a suite of free legal, accounting, software and other professional services worth more than $30,000. The financing will be facilitated by OurCrowd, an Israeli equity crowdfunding platform.
“The Marketing & Ad:Tech Israel conference brings together the world’s top brands, agencies and publishers to explore the future of marketing,” says Jon Medved, Founder and Managing Partner of OurCrowd, an equity crowd-funding platform for accredited investors, who will award the prize. “What better way to peer into the future of digital marketing than to invest in the most innovative ideas?”