Endeavor Selects 9 Entrepreneurs from 5 Markets at the 17th Virtual International Selection Panel
Endeavor selected nine entrepreneurs leading five companies at the 17th Virtual International Selection Panel (vISP) held July 12-14, 2021. Endeavor now supports 2,197 entrepreneurs leading 1,369 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: Andy Tsao, Managing Director, Global Gateway, Silicon Valley Bank; David Do, Managing Director, Vietnam Investments Group (Endeavor Vietnam Board Member); Drew McElroy, Co-founder and Chairman, Transfix; Mauro Schnaidman, Founder, Quantum Leap International; Mbuvi Ngunze, Chairman, Safarilink Aviation Limited (Endeavor Kenya Mentor); Noah Glass, Founder and CEO, Olo; Peter Njonjo, Co-Founder and CEO, Twiga Foods (Endeavor Entrepreneur, Endeavor Kenya Board Member); Ruby Gadeirab Tudor, Founder and CEO, MDisrupt; Scott Sobel, Co-Founder and Managing Director, Valor Capital Group (Endeavor Global Ambassador); Steve Ciesinkski, President, SRI International; Steve Frazier, Senior Advisor, McKinsey & Co, Fmr. VP, Amazon; Susan Saideman, Independent Board Member; Fmr. VP, Amazon
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: Dimeji Sofowora, Tito Ovia, & Goke Olubusi
Description: Helium Health is a healthcare technology company focused on digitizing and promoting data-driven healthcare in Nigeria. Its core product is an Electronic Medical Records (EMR) software that enables public and private hospitals to transition to digital systems. The EMR has been deployed at 206 hospitals that serve 290K+ patients each month — and is helping to curb fraud and increase operational efficiency. In 2020, Helium Health launched a digital public health Emergency Response System (ERS) that the Lagos State Government used to manage its COVID-19 response. Helium Health currently has operations across 6 African countries including Nigeria, Kenya, Ghana, Uganda, Senegal, and Liberia.
Entrepreneur: Beatriz Margo
Vertical: Food and Beverage
Description: Komvida is the first and leading kombucha brand in Spain. Considered the healthy alternative to soft drinks, kombucha is a fermented probiotic drink that, amongst other health benefits, improves digestion and lowers blood pressure. Komvida’s kombucha is made completely in-house with 100% organic raw ingredients, maintaining the highest quality standards (it is the only IFS certified kombucha factory in Europe) – prioritizing taste and health benefits as its two core value points. It offers six different flavor products through online and offline channels and has managed a 50%+ customer repeat rate through its innovative online subscription model. Currently, the company sells over 1.5M bottles per year and distributes in four European markets. The company aims to increase its sales by more than 10X by 2024 by focusing on expanding production capabilities, penetrating six new European markets, and widening its product offering through partnerships with large retail brands such as Lidl.
Entrepreneur: Santiago Pineda & Juan Pablo Pineda
Vertical: Smart Cities
Description: Mensajeros Urbanos (MU) is a tech-driven logistics company that connects more than 25K retailers and CPG companies such as OXXO, McDonalds, and Falabella with last-mile delivery solutions in 18 cities throughout Colombia and Mexico. Leveraging a network of more than 60K ‘collaborative logistics’ partners to fulfill deliveries, it’s clients reduce delivery times by an average of 60% and logistics costs by up to 30%. With more than 12M deliveries made in 2020, Mensajeros looks to scale its logistics network to achieve its goal of transforming logistics in Latin America.
Entrepreneur: Gabriel Engel
Vertical: Enterprise Software & Services
Description: Rocket.Chat is the world’s largest open-source communication platform, trusted by 15M+ users in 150 countries. Enterprise communications are strongly fragmented and not controlled by users, who do not have control of their data, and require many different platforms to communicate. Rocket.Chat is the complete communication solution, simplifying complex integrations with the unique open source flexibility that empowers organizations to extend their platforms beyond proprietary solutions, improve cost efficiency, and increase ownership of their data. The company focuses on omnichannel and live chat, enterprise customer engagement, and intercompany communication, which together represent a $100B market. With +100k active deployments and +1M cumulative deployments, Rocket.Chat has hundreds of clients, including organizations such as the US Army, Tepco, and Credit Suisse.
Entrepreneur: Mazen Al Darrab & Sultan Al Asmi
Vertical: Enterprise Software & Services
Market: Saudi Arabia
Description: Zid is a SaaS-based “e-commerce in a box solution” that enables retailers to easily build and manage an online store presence. Since 2017, Zid has helped more than 5K merchants build their own eCommerce operations and integrates them with 20+ supply chain players and a number of payment providers to easily accept and fulfill online orders with ease. The company aims to scale throughout the region, enabling MENA’s retail sector to enter the world of electronic retail in an easy and professional manner.