Endeavor Selects 13 Entrepreneurs from 7 Markets at the 16th Virtual International Selection Panel
Endeavor selected thirteen entrepreneurs leading eight companies at the 16th Virtual International Selection Panel (vISP) held June 20-23, 2021. Endeavor now supports 2,188 entrepreneurs leading 1,364 companies in nearly 40 markets around the world (read more about the newly selected entrepreneurs below).
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 vISP panelists utilized Zoom breakout rooms to interview a small group of high-caliber entrepreneur candidates leading four companies about their businesses. In “deliberation rooms” — private Zoom meetings with only Endeavor staff and panelists — panelists evaluated the entrepreneurs on their potential for high-impact growth, discussed which candidates should be selected to become Endeavor Entrepreneurs, then voted unanimously to select the newest Endeavor Entrepreneurs.
Panelists at the ISP included: Andreas Stavropoulos, Partner, Threshold Ventures (Endeavor Greece Board Member); Arif Rachmat, Co-Founder & Executive Chairman, TAP Group (Endeavor Indonesia Chairman); Arjuna Costa, Partner, Flourish VC; Edgar Bronfman, Jr., General Partner, Chairman and Co-founder, Waverley Capital (Endeavor Global Board Chairman); Eric Acher, Co-Founder & Managing Partner, Monashees; Jason Green, Partner, Emergence Capital Partners (Endeavor Global Board Member); Keri Gohman, Partner, Bain Capital Ventures; Kevin Ryan, Chairman & CEO, AlleyCorp (Endeavor Global Ambassador); Martín Migoya, Co-Founder and CEO, Globant (Endeavor Argentina Board Member; Alumni Endeavor Entrepreneur); Mudassir Sheikha, Co-Founder & CEO, Careem (Endeavor Entrepreneur); Nabyl Al Maskari, Executive Chairman, Al Maskari Holding (Endeavor UAE Board Chairman); Mona Ataya, CEO of Mumzworld (Endeavor Entrepreneur); Sebastian Gunningham, Chairman of Consumer Finance & Vice Chairman of OpenBank, Santander; Shailesh Rao, Advisor/Investor, Venture Highway and BigSpring; Shola Akinlade, Co-Founder & CEO, Paystack; Sylvia Mulinge, Chief Customer Officer, Safaricom (Endeavor Kenya Board Member); Vargha Moayed, Chief Strategy Officer, UiPath (Endeavor Romania Board Member); Vassil Terziev, Co-founder, Telerik Academy; Partner, Eleven VC (Endeavor Bulgaria Board Co-chair).
As part of Endeavor’s network, the newly selected entrepreneurs will gain access to comprehensive, strategic, global support services, including introductions to local and international business mentors, investors, and volunteers from Fortune 500 consulting firms who will help them address key needs.
Endeavor Entrepreneurs have had a significant track record of impact. Endeavor Entrepreneurs have created more than 3.9 million jobs, generate combined revenues of over $28B, and help build sustainable growth models in their home countries.
Learn more about the companies selected below:
Entrepreneur: Irfan Khan, M.D.
Market: Western New York
Description: Circuit Clinical provides a tech-enabled turnkey clinical trials program that quickly creates fully equipped, high-performing clinical trial sites. Its program lowers operational and economic risk for health systems to become clinical trial sites, makes it easier for patients to find and evaluate clinical trials as a care option, and enables pharma to make their trials more efficient and diverse.
Entrepreneur: Parker Treacy & Rodrigo Mourad
Vertical: IoT Hardware & SaaS
Description: Cobli offers an IoT hardware and SaaS fleet management solution that increases productivity and enables more efficient use of fleet assets across business processes. Their product provides real-time visibility and facilitates superior decision-making processes, empowering fleet managers to better manage their logistics costs. Cobli is looking to scale its fleet solutions throughout the region and become a leader in the $10.4B Latin American fleet management market.
Entrepreneur: Deem AlBassam & Amal AlMarri
Vertical: Food & Beverage
Market: Saudi Arabia
Description: INDPT is a unique and home-grown hospitality management company driven to create authentic concepts that provide dining experiences designed to complement local culture. These offerings leave residents and tourists with standardized and generic offerings, neither unique nor reflective of the local customer. Since 2009, INDPT has launched and operated 6 successful F&B brands, each with its own identity and distinctive menu and concept, with more than 24 branches across the UAE & Saudi Arabia serving 3M checks in 2020 alone.
Entrepreneur: Mohammed AlDossary & Khaled AlSiari
Vertical: Commerce: B2B
Market: Saudi Arabia
Description: In Saudi Arabia, the wholesale industry is a fragmented, offline market that favors major retailers. With a mission to digitize and revolutionize the wholesale market, Sary is an online B2B marketplace that connects small businesses with a network of wholesale market suppliers and distributors via mobile and web applications. Retailers can order wholesale items directly from their devices, ranging from a dozen boxes of cereal to office supplies, and have it delivered within three hours. Today, Sary processes 50K orders on a monthly basis to over 30K retailers across 5 cities in Saudi Arabia, and manages all of the logistics with freelance last-mile delivery agents.
Entrepreneur: Tosin Eniolorunda & Felix Ike
Description: Teamapt is reinventing banking and financial services to serve the next billion Africans. Roughly half of Nigeria’s 100M adults do not have access to formal financial services, andacross Sub-Saharan Africa, 350M individuals are financially excluded. Teamapt’s core product, Moniepoint, is an agency-banking solution that enables small businesses to provide basic financial services such as deposits, withdrawals, transfers, and bill payments to their customers. Today, Teamapt represents the #1 agency banking solution in Nigeria, with >100K agents across Nigeria. It aims to become Africa’s largest digital bank by 2026, providing a competitive range of banking solutions to 50 million underserved customers.
Entrepreneur: Marta Forero & Julian Melo
Description: Ubits is an Ed-Tech company for corporate training in LatAm, offering a catalogue of 580+ Bits(courses), consisting of short digital content taught by industry leaders for employee training. Courses are short and engaging with personalized recommendations for specific employee needs, and are taught by local practitioners and college professors in Spanish. The platform is differentiated based on its lower skill focus and customized course pathways. The company plans on using this money to expand its sales team and technology development, and to help with expansion across Spanish speaking LatAm,specifically to Chile and Argentina.
Entrepreneur: Jaime Bosch
Vertical: Media – Entertainment and Content
Description: In 2019 alone, the audience for gaming video content (GVC) grew by 5% to reach 944M people. The games and interactive media industry grew 4% in the past year, reaching a market value of $120B, surpassing the movies and music industries combined ($60.8B). Voicemod offers the best real-time voice changer and soundboard software for streamers and gamers. With over 4M MAUs in 150 countries, Voicemod aims to be a leading global content platform that enables creators to both access exclusive audio content and create signature sounds to better express themselves.
Entrepreneur: Ankiti Bose
Vertical: Enterprise Software and Services
Description: Zilingo provides B2B digital sourcing and supply chain solutions to wholesalers, brands and retailers across Southeast and South Asia. The company is making the global fashion and lifestyle supply chain more fair, transparent, affordable and sustainable. Zilingo leverages technology, data, and AI to optimize production timelines and aggregate global demand, and works with over 17,000 merchants, and thousands of factories on the platform. With an aim to provide sustainable alternatives, Zilingo also enables businesses to source sustainable fabrics from the world’s largest range of over 500 certified recycled, natural and organic fabrics.