The first-ever VentureClash event culminated with the announcement of six winners, who, combined received awards totaling $5 million.
An initiative of Connecticut Innovations, VentureClash is Connecticut’s $5 million global venture challenge for early-stage digital health and fintech companies.
The first-place investment award ($1.5 million) went to CEO Brent Ho-Young and his team at Dream Payments, is a Canada-based fintech cloud powering payments across mobile, connected devices, and the Internet of Things (IoT) in partnership with financial institutions.
The second-place winner ($1 million) was Hubbub, a United Kingdom-based company providing digital fundraising solutions for the education and nonprofit sectors. Jonathan May, the CEO of Hubbub, accepted the award on behalf of his team.
Four additional companies each received a $500,000 investment award:
- AMP Credit Technologies, a Hong Kong-based fintech company solving the $3 trillion demand for credit by small businesses around the world
- BondIT, an Israel-based company driving sales by empowering advisers with data-driven, personalized, optimal investment recommendations increasing trades and revenues
- LindaCare, a Belgium-based digital health company offering software solutions for healthcare providers to facilitate remote patient monitoring
- Streamdata.io, a France-based company developing software and infrastructures that help developers turn content into streams that easily integrate into front- and back-end systems.
Read our interview with Connecticut Innovations Chief Executive Officer Matt McCooe and Lauren Carmody, Director of Marketing and Communications.