KOMPAS bags €50k as overall winner of Visa’s Everywhere Initiative at Money 20/20
by Startacus Admin
We’ve had the pleasure of getting to know the fab KOMPAS team over the last couple of years and we are therefore delighted to share word that their travel tech startup, which uses Artificial Intelligence to personalise the travel experience, was this week announced the overall winner of Visa’s Everywhere Initiative at Money 20/20, taking home a total of €50k in prize money.
The Digital DNA upSTART 2017 finalists KOMPAS, came up against over 300 applications, and after being whittled down to 1 of 15 finalists to pitch in the final competition, were awarded as the overall Everywhere Initiative winners at the Money 20/20 Conference in Copenhagen.
To date, over 1,500 companies from all over the world have competed in the Visa Everywhere Initiative since it was launched in the US in 2015.
This years judges consisted of Visa’s senior directors and executives, as well as guest judges such as Erez Arahoni, ICC and Birte Quitt, Erste Group.
KOMPAS CEO and winner of the competition, Tom Charman had this to say:
“I believe what made KOMPAS stand out from the other contestants, was 
both a combination of the technology we’re building, but also our ability to integrate with Visa services; providing a completely personalised experience for our end user”.
The Company was established in 2015, after the founding team realised that there was a huge opportunity in the market, believing that the market had lost touch with their customers, who were placing an increasing demand on tailored, and personalised experiences.
Since then, they’ve got on to raise a round of angel investment, won multiple awards, and recently secured a partnership with London Midland, focusing on promoting regional travel between London and Birmingham, as overall winners of their London Midland Lab programme.
They now intend to use the money they won in Copenhagen, to begin operations in new cities, while running a pilot with Visa that looks into the personalisation of their customers. Their goal is to make it easier for the best of the city to get its moment in the sun, no matter the size, and advertising budget of the company in question.
Congrats Tom and the rest of the KOMPAS team - we are totally delighted for you and wish you all the best as your business JOURNEY continues - from strength to strength and city to city.
If you like TravelTech news and startups, you might want to read our previous article on 9 Travel Tech Startups to Write Home About - of which KOMPAS is of course one.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Impressive cohort of 32 AI tech scaleups from across the UK are announced as participants in Tech Nation's Applied AI 3.0 growth programme
Tickets up for grabs for NI startups to attend leading Northern Ireland tech and business event Digital DNA 2021
The impressive cohort of leading late-stage tech companies taking part in Tech Nation's prestigious Future Fifty programme has now been revealed...
Emeka Ikechi, Director of Vanity Studios shares his insights on the importance of getting your social media imagery right and a few of the key things you should consider...
.png){kind=logo}
The lowdown on JustTip, the Dublin-based fintech startup that's developed an innovative solution to change the way we tip
Want to streamline your business protection? Here are 5 of the top SaaS tools that can help you do just that.
Got issues with equipment theft by employees in your office or workplace? These practical tips will help prevent just that.
.jpeg)
Ensuring your employees are safe in the workplace is a must. Here are a few of the best ways that you can do just that.
The lowdown on the innovative companies that have been accepted into Net Zero 2.0, the programme dedicated to supporting the UK’s most promising climate tech companies
.jpeg)
Digital advertising campaign not performing as you'd like? Gez McGuire, AI marketing expert and founder of Lead Accelerator, outlines some of the common issues and how to address them.
Published on: 28th June 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Shutterstock Acquires Leading Creative Design Platform PicMonkey 10th Sep 2021 Shutterstock acquires PicMonkey to help expand its offering to small businesses, by providing additional tools to non-professionals to elevate their visual content
- Thermulon fundraise to support development of innovative thermal insulation product 8th Sep 2021 Thermulon launches CrowdCube campaign to help bring its innovative aerogel solution to the fast-growing global thermal insulation market.
- UK's Female Startup of the Year 2021 competition now open 3rd Sep 2021 Inspiring and ambitious female founders take note - Enterprise Nation's annual Female Startup of the Year competition is open for applications
- ECOncrete Secures $5 million+ Series A Funding 1st Sep 2021 Major funding boost for ECOncrete Tech to support development and growth of its innovative ecological marine construction solutions.
