Endeavor Selects 11 Entrepreneurs From Five Markets at the 37th Virtual International Selection Panel

Endeavor selected 11 entrepreneurs leading six companies at the 37th Virtual International Selection Panel (ISP) held May 22-24, 2023. Endeavor now supports 2,449 entrepreneurs leading 1,512 companies in 42 markets around the world.

The ISP is the culmination of a rigorous, multi-step selection process to identify high-impact entrepreneurs from all over the world. During this process, we seek founders with the greatest growth potential, as well as those who commit to reinvesting time and resources into their local ecosystems to help build the next generation of entrepreneurs.

During the ISP, panelists interview a select group of candidate entrepreneurs about their businesses. Then, panelists evaluate the entrepreneurs on their potential for high-impact growth, discuss which candidates should be selected to become Endeavor Entrepreneurs, and ultimately, vote to select new Endeavor Entrepreneurs.

Endeavor would like to thank our panelists: Edgar Bronfman Jr., Waverly Capital (Endeavor Global Board Chair); Martín Escobari, General Atlantic Partners (Endeavor Global Board Member); David Cohen, Techstars (Endeavor Colorado Board Member); Jaideep Gulab, Rosemonde Ltd. (Endeavor Nigeria Board Member); Jewel Burks Solomon, Collab Capital (Endeavor Atlanta Board Member); Gerry Giacomán Coyler, Clara (Endeavor Entrepreneur); Steve Kessel, Former Amazon; Mariana Donangelo, Kaszek; Gary Swart, Polaris Partner; Dan Green, Gunderson Dettmer LLP; Mbuvi Ngunze, Safarilink Aviation Limited; and Arjuna Costa, Flourish VC. 

Endeavor Entrepreneurs have had a significant track record of impact. They have helped build sustainable growth models in their home countries by creating more than four million jobs, and Endeavor’s active portfolio companies generated combined revenue of nearly $50B throughout 2022.

Learn more about our new Endeavor Entrepreneurs below:

LogComex

Entrepreneur: Helmuth Hofstatter and Carlos Souza

Vertical: B2B Software

Endeavor Office: Brazil

Founded in 2016, LogComex is a B2B SaaS platform that helps companies plan, monitor, and automate their global supply chains. When it comes to global trade, companies often lack accurate and up-to-date information, making strategic decision making difficult. LogComex’s analytics solution collects trade data from various public and private sources, enriches that data using proprietary algorithms, and presents clients with organized and up-to-date trade data so that clients have all the information they need to make informed decisions. LogComex serves 1.6K+ customers and most recently raised a $10.3M Series A in 2021 to continue to launch new solutions for companies involved in global trade.

Immensa

Entrepreneur: Fahmi Al-Shawwa

Vertical: Smart Cities 

Endeavor Office: UAE

Immensa is redefining the energy spare parts industry. Founded in Dubai in 2016, the company provides large-scale energy enterprises with more efficient and cost-effective digital manufacturing and inventory management through additive manufacturing (3D printing) and digital warehousing services. Immensa aims to simplify the complex supply chain required to produce and distribute spare parts in the energy sector. Immensa is leading the charge of bringing additive manufacturing to the energy sector, creating value by reducing lead times, reducing risk tied up in physical inventory, and decreasing environmental waste in manufacturing. The company has raised $7M today and aims to become the future of digital energy spare parts.

CoverManager

Entrepreneurs: Jose Antonio Pérez and Carlos Pérez Fernández

Vertical: Retail & Consumer Tech

Endeavor Office:  Spain 

Founded in 2015, CoverManager offers restaurants and other hospitality companies a white-labeled SaaS solution to manage their customer relationships in-house. Today, most restaurants rely on third-party platforms (such as OpenTable and Resy) for reservation bookings, resulting in minimal control over customer relationships. Conversely, ConverManager’s end-to-end software allows clients to manage online and offline bookings, allocate in-venue tables, manage queues at the door, and offer delivery and takeaway services from their own sales channels. The company has established itself as the market leader in Spain and serves 8K+ clients across Europe and Latin America.

Harbor Lab

Entrepreneur: Antonis Malaxianakis

Vertical: Smart Cities

Endeavor Office: Greece 

Harbor Lab is an innovative platform in the maritime industry bringing value to shipowners, management companies, charterers, and third-party outsourcing resources. Founded in 2020 in Athens, Greece, the company aims to improve operational efficiencies, digitize administrative processes, and provide full transparency to all participants across port cost management. Harbor Lab also calculates and evaluates port expenses against real-time port tariffs, reducing costs, time, and human error. Since its launch, Harbor Lab has raised $6.3M in capital as it aims to reshape the port industry.

Zone and Qore (Formerly Appzone Group)

Entrepreneurs: Obi Emetarom, Emeka Emetarom, Wale Onawunmi

Vertical: Fintech

Endeavor Office: Nigeria 

In a strategic move in November 2022, Appzone split off Qore, its legacy banking-as-a-service business, and Zone, its decentralized payments network, separating the two entities into standalone companies. Emeka Emetarom leads Qore as CEO, while Obi Emetarom and Wale Onawunmi lead Zone as CEO and CTO respectively.

Qore is Appzone’s legacy banking-as-a-service platform that enables financial institutions across Africa to offer world-class financial services through digitization and service automation. Today, it is deployed by 600+ financial institutions across 7 African countries. Zone was commercially launched in November 2022 and is a licensed, decentralized payment network that enables direct payment flows between financial institutions. Zone became Africa’s first regulated blockchain-powered payment network after securing a switching and processing license from the Central Bank of Nigeria. Zone’s payment infrastructure allows participating institutions to connect directly with each other and perform payment transactions without an intermediary while completely automating settlement, reconciliation, and dispute management. 

TransferGo

Entrepreneurs: Daumantas Dvilinskas and Justinas Lasevicius

Vertical: Fintech

Endeavor Office: UAE 

TransferGo’s mission is to provide hard-working migrants with simpler, better financial services—making their money go further, and the world a fairer place. With over 4 million customers sending money to over 160 countries, TransferGo is proud to offer its  users prices up to 90% less than at the banks, and can get their money delivered digitally and securely in minutes due to its unique local-in local-out transaction model.  TransferGo is on its way to expanding its reach across Africa, Asia, and the Americas, and ultimately aims to build out a global financial services platform for migrants.