{"id":37176,"date":"2023-10-20T14:48:32","date_gmt":"2023-10-20T14:48:32","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/aussie-startups-shine-at-500-startups-demo-day-startupsmart\/"},"modified":"2023-10-20T14:48:32","modified_gmt":"2023-10-20T14:48:32","slug":"aussie-startups-shine-at-500-startups-demo-day-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/aussie-startups-shine-at-500-startups-demo-day-startupsmart\/","title":{"rendered":"Aussie startups shine at 500 Startups\u2019 demo day – StartupSmart"},"content":{"rendered":"
Three Australian startups from the Sydney-based seed funding program Startmate<\/a> stood out at 500 Startups\u2019 demo day for its ninth batch.<\/p>\n \u00a0<\/p>\n Venturebeat selected<\/a> over-50s online dating service Stitch<\/a>, photo organiser and enhancer Lumific<\/a>, and crowdsourced sport predictions service SportHold<\/a> as three of the five startups that caught the publication\u2019s eye at the demo day.<\/p>\n \u00a0<\/p>\n Stitch was co-founded by Andrew Dowling, who is one of the Startmate program mentors, while both SportHold and Lumific were both took part in Startmate\u2019s 2014 program.<\/p>\n \u00a0<\/p>\n The mentor-driven program offers $50,000 in investment in exchange for a 7.5% stake and access to countless networks and mentors.<\/p>\n \u00a0<\/p>\n Startmate co-founder Niki Scevak was not surprised they were making an impression.<\/p>\n \u00a0<\/p>\n \u201cThis is all fantastic evidence that Australia is producing great tech founders,\u201d he says.<\/p>\n \u00a0<\/p>\n Scevak played down Startmate\u2019s influence, crediting the Australian startup ecosystem more broadly, saying Australia and its startups continue to punch above its weight.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n “5 startups that caught our eye from 500 Startups’ Batch 9” – 3\/5 are Aussie & from @startmate<\/a>. Truly great program. http:\/\/t.co\/wGqabRmruR<\/a><\/p>\n \u2014 Mike Cannon-Brookes (@mcannonbrookes) July 30, 2014<\/a><\/p>\n<\/blockquote>\n \u00a0<\/p>\n \u00a0<\/p>\n\n