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.
TfL has notified Uber London that it will not be issued with a private hire operator licence, putting it's future as a taxi-hailing app for Londoners in doubt.
Sky Betting & Gaming are looking to startups to deliver the next generation of betting and gaming experiences. Read on for all the details...
WeWork are opening at least two more offices in the Capital with their first West London serviced office opening in Hammersmith & and another first-class office space opening in the coming weeks in Mark Square.
Here’s how to keep your business running like clockwork while you’re away on your holidays!
The FinTech startup which is making the process of managing pensions easier than ever before...
The startup that connects home chefs & supper club hosts with hungry people looking for unique eating experiences...
The startup that is on a mission to helps writers improve their productivity...
Frank Apodaca, Editor of the website The Sleep Judge, shares some thoughts on the importance of sleep & health for entrepreneurs.
Blitzz join Locpin and ThriveMap who have already received investment as part of this year’s Drive with Belron accelerator programme.
Here are some of the key reasons why building a remote team could help your startup...
Published on: 28th June 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SB&G CoLab launched by Sky Betting & Gaming 21st Sep 2017 Sky Betting & Gaming are looking to startups to deliver the next generation of betting and gaming experiences. Read on for all the details...
- WeWork expands across London as co-working space continues to rise in popularity 21st Sep 2017 WeWork are opening at least two more offices in the Capital with their first West London serviced office opening in Hammersmith & and another first-class office space opening in the coming weeks in Mark Square.
- Belron announce £50k investment in video engagement platform providers, Blitzz 18th Sep 2017 Blitzz join Locpin and ThriveMap who have already received investment as part of this year’s Drive with Belron accelerator programme.
- Arsenal Innovation Lab scouts top startups for new ten-week programme 14th Sep 2017 Applications are open for the Arsenal Innovation Lab, a fab looking 10-week programme for startups to test & demonstrate their products or services with one of the leading clubs in world football.
