Endeavor selected 14 entrepreneurs leading eight companies at the 32nd Virtual International Selection Panel (vISP) held December 13-16, 2022. Endeavor now supports 2,402 entrepreneurs leading 1,485 companies in 41 markets around the world.
The vISP was presented by General Atlantic, with additional support from AXA, Bain, Cooley, EY, HSBC, Silicon Valley Bank, and Zoom.
The ISP is the culmination of a rigorous multi-step selection process to identify high-impact entrepreneurs who demonstrate the potential to leverage Endeavor’s resources and mentorship to create large-scale wealth and jobs and are committed to reinvesting their time and money in their local entrepreneurship ecosystems to help others take off.
During the ISP, panelists interviewed a small group of high-caliber entrepreneur candidates about their businesses. Then, in “deliberation rooms,” panelists evaluated the entrepreneurs on their potential for high-impact growth, discussed which candidates should be selected to become Endeavor Entrepreneurs, and voted unanimously to select the newest Endeavor Entrepreneurs.
Panelists at the ISP included: Andreas Stavropoulos, Threshold Ventures (Endeavor Greece Board Member); Ankur Gopal, Interapt (Endeavor Louisville Board Member & Endeavor Entrepreneur); Dan Caruso, Caruso Ventures (Endeavor Colorado Board Chair); Daniel Vogel, Bitso (Endeavor Entrepreneur); Gary Swart, Polaris Partners; Javier Villamizar, SoftBank Investment Advisers (Endeavor Global Ambassador); Jay McHarg, AeroSafe Global (Endeavor Entrepreneur); Lee Mayer, Havenly (Endeavor Entrepreneur); Lisanne Dorion, Bacardi Limited (Endeavor Puerto Rico Board Co-Chair); Mariah Chase, ELOQUII; Mona Ataya, Mumzworld, (Endeavor Entrepreneur); Noureddine Tayebi, Yassir (Endeavor Entrepreneur); Paul Parisi, Silicon Valley Bank (Endeavor Canada Board Member); Richard Harris, Black Crow AI; Rajat Bhargava, JumpCloud (Endeavor Entrepreneur); Tony Jamous, Oyster, (Endeavor Entrepreneur), and Wiktor Schmidt, Netguru (Endeavor Poland Board Chair).
Endeavor Entrepreneurs have had a significant track record of impact. Endeavor Entrepreneurs have created more than 3.4 million jobs, Endeavor’s active portfolio companies generated combined revenues of over $28B throughout 2021, and they helped build sustainable growth models in their home countries.
Learn more about the companies selected below:
Entrepreneurs: Kimberly Yao & Iacopo Alfonso Rovere
Vertical: Food & Beverage
CloudEats is the leading cloud kitchen player in the Philippines. The company owns and operates 29 cloud kitchens across the Philippines and Vietnam that house over 70 digitally native company owned F&B brands, with a goal to become the largest online food group in Southeast Asia. CloudEats has developed a proprietary smart kitchen technology that allows the company to manage a large multi-brand, multi-cuisine portfolio, while optimizing online order management and kitchen operations. Founded in 2019, CloudEats has raised $14M in funding and is expected to close the year 2022 with over 2M orders served.
Entrepreneurs: Manolo Atala & Andrew James Devlyn
Fairplay believes that Latin American companies need access to capital with better financial terms, setting out to promote the growth of the new digital economy through technological and financial products. The company provides e-commerce businesses with financing that allows them to invest in marketing, inventory, and logistics while also providing technology to consolidate metrics, data insights, and supplier payments all in one place. Since its launch in Mexico in 2019, the company has raised a total of $40M in capital.
Entrepreneur: Vinh Dao
Vertical: Food & Beverage
Golden Gate is the largest F&B chain in Vietnam with 22+ brands and nearly 400 restaurants in 45 provinces, serving 18 million customers per year and employing 19,000 staff across Vietnam. Golden Gate is a pioneer in applying the restaurant chain model in Vietnam, with five main casual dining cuisines which are Hotpot, BBQ, Asian, Western, and Cafeteria. Products are also sold through G-Delivery and packaged foods in supermarkets, and its foodie app, Golden Spoon, boasts over 2M total users. Founded in 2005, the company has increased revenues by over 20x.
Entrepreneur: Giacomo Ficari
Founded in 2019 to make financial protection accessible to everyone, Lifepal is the largest D2C marketplace for insurance in Indonesia. The company leverages an online lead to a telesales reps model to solve challenges in insurance distribution in the country. Its online insurance content platform (with ~4M visitors and 1M social media followers) builds trust and generates organic traffic. Its sales technology drives increased conversion rates and efficiency. Lifepal helps customers compare from the largest selection brands in the country, save money, and issue claims. The company has grown 3.5x since its last round with positive unit economics.
Entrepreneur: Atticus LeBlanc
PadSplit is the largest shared housing marketplace for low-income individuals in the United States. The current demand for affordable housing in the United States far outnumbers the current supply across the nation. The company was founded in Atlanta, Georgia, in 2017 to provide shared housing at scale. PadSplit primarily caters to working-class individuals with a median income of $25K annually and an average FICO credit score of 461. Not only does PadSplit make finding affordable housing more accessible, but generates added value for property owners that have unoccupied rooms. Long-term, the company aims to create a solution for the US affordable housing crisis.
Entrepreneurs: Ricardo Josua, Daniela Binatti, Juliana Binatti, & Marcelo Parise
Pismo provides the infrastructure that financial institutions (traditional banks and industry newcomers alike) need to operate faster and more competitively. The company is a cloud-based solution that provides a complete processing platform for payments and banking. Founded in 2017, the company has landed notable clients including Banco Itaú, BTG, Cora, N26, and the B3 and its platform. It has handled 110B API calls and currently hosts more than 64M accounts. Pismo has raised $118M to date from backers including Redpoint eVentures and Headline Ventures, SoftBank, Amazon, and Accel.
Entrepreneurs: Martin Markiewicz
Vertical: Enterprise Software & Services
Silent Eight (S8) is a technology company leveraging Artificial Intelligence to create compliance platforms for the world’s leading financial institutions in order to combat money laundering and terrorist financing. The company’s mission is to empower clients in their fight to eliminate financial crime – its name, entity, and transaction alert adjudication solutions draw data from all available sources and analyze petabytes of data to solve Sanctions, AML, PEP, AM, and internal alerts for onboarding, transactions, and existing customer investigations. Founded in Singapore and with global hubs in New York, London, and Warsaw, S8 has successfully deployed its footprint in over 150 markets and aims to reduce HR and IT costs in financial institutions by up to 60%.
Entrepreneurs: Volkan Özkan & Murad Özsert
Vertical: Enterprise Software & Services
Founded in 2020, Yolda is the fastest-growing digital freight forwarder of Turkey and Germany. By intelligently connecting carriers and shippers, Yolda is solving two of the key problems in truck transport logistics: capacity bottlenecks and empty runs. Yolda’s sophisticated, AI-based technology enables loading capacities to be optimally utilized and routes to be better planned, empowering economic and environmental sustainability. Since its launch, Yolda has raised a total of $7.7M, including its $5M Seed closed in 2021.