The Success Story of Autenti: What Happens After You Win the Great Pitch Contest?

Read More
All Posts

The Success Story of Autenti: What Happens After You Win the Great Pitch Contest?

The automation and digitalisation of everyday processes and actions become more and more natural for people around the world. So much so that many of us expect to have a possibility to pay the bills and buy needed products online, in the quickest, most efficient way possible. However, there are still situations in which we have to use the offline method, for example signing documents…

or are there?

Autenti, a Polish startup that joined Wolves Summit in 2016, has an answer to this question.

 


A GREAT PRODUCT-MARKET FIT

The tech startup mentioned earlier proves that we don’t have to be bound by “the old ways” anymore. Their one-click e-signatures not only save time but also positively influence the climate by making the process paperless. This brings a significant benefit of getting business deals done much faster than in the old-fashioned, so-called “physical” way and guarantees the reduction of operational costs. Another benefit is a positive impact on the environment.

We are proud to have hosted them at Wolves Summit in the past and that their participation has helped them achieve their goals.

 

JOINING THE WOLFPACK

 

The main reason Grzegorz Wójcik, CEO and Founder of Autenti, decided to join Wolves Summit was having the opportunity to meet many innovative companies, business partners and investors from all over the world in one location. Their primary goal was to set up as many 1:1 meetings with potential customers as possible and tell them more about the e-signatures that they offer.

 

fotoUsing the matchmaking tool before the conference increases the substantive quality of meetings and usually converts into better outcomes in follow-up actions. In the startup world where the speed of activities matters the most, this is a great value. Wolves Summit’s matchmaking is incomparably simpler compared to booking and visiting clients during traditional office meetings.

In addition to taking part in the meetings, Autenti decided to compete in the Great Pitch Contest (a pitching competition for selected Wolves Summit startups) to broaden their visibility by presenting their company to a broader audience.

 

A CHAIN OF POSITIVE EVENTS

 

Grzegorz had no idea how much that decision would change their future. He and the other founders of the company have still had their “primary jobs” at various corporations, the startup was still very young. Nevertheless, their plans, solutions, product-market fit and engagement were exactly what the investors and corporates present at the conference were looking for, and which granted them the main prize in the Great Pitch Contest.

 

fotoWinning the Great Pitch Contest initiated a chain of positive events. The most important of them all was - as we call it - “the Founders commitment”. We decided to resign from working at corporations to join Autenti with full-time engagement and jointly recruited a team dedicated to the execution of our goals. We received a lot of market attention which converted into the acquisition of new customers.

WHERE ARE THEY NOW?

 777

Grzegorz Wójcik returned to Wolves Summit in October 2018 where he spoke on stage, sharing the story of Autenti. Since 2016, they have raised around EUR 1,5M  from Innovation Nest and Black Pearls which they invested in product development and sales activities. Despite that, Grzegorz believes that Autenti’s most significant achievements so far are establishing a comprehensive team that builds Autenti together with the Founders, upgrading the product into Enterprise level which enabled the deployment of Autenti platform for financial (banking, insurance), and having a contract with BGŻ BNP Paribas—bringing Autenti platform into large scale implementation in a consumer market. Their next milestone is to open global sales.

 

Autenti accelerates document approvals using one-click e-signatures by providing an internet platform that enables business and consumers to approve any document, to get rid of printing tons of paper, and to save on transport. The next milestone for the company is to open global sales of the platform.

Related Posts

WolvesMatch this week: In this edition of our Newsletter, we highlight 25 Startups and ScaleUps actively seeking capital from Investors/VCs/CVCs to fuel their growth

This Premium Subscription option is part of Wolves' new initiative dedicated to connecting Startups with potential investors: WolvesMatch. Throughout the year, we'll showcase over 1,000 fresh companies, innovative ideas, and emerging startups in search of strategic partnerships and expansion capital. If you are an Investor and would like to see detailed Information and Contact details of the founders, please activate your Subscription to our Premium service here. WolvesMatch this week: This company helps SMEs get debt financing, namely corporate bonds, using blockchain technology as an infrastructure for issuing, keeping and exchanging the bonds. Soft robotics company developing a unique solution for women suffering from pelvic floor problems and the leaking of urine, which affects 50% of all women globally. Unique platform to design spaces and purchase furniture with own Interior Design Intelligence. Comprehensive Cybersecurity and Data Protection for Small and Medium Businesses. Platform for personalized and holistic women's health. Develops the technological infrastructure needed to produce and provide tailored prosthetics to 90% of the world's physically disabled people. Our event app collects and analyzes demographic and behavioral data of participants that we get from in-app networking and live event schedules. Ed-tech startup: provides personalized, gamified learning experiences worldwide to K-12 students, employing virtual reality, augmented reality, DIY robot-kits, and interactive simulations. Original biopharmaceutical R&D company, HQ in Hungary. It leverages its unique AI-powered drug discovery platform to create cures for diseases through novel mechanisms of action that conventional biopharmaceutical approaches cannot. Revolutionizes the video creation landscape with an automated video generator designed to democratize video production. Our mission is to make professional-quality video creation accessible and efficient for entrepreneurs, musicians, podcasters, and solo entrepreneurs. Cutting-edge HSM as a service, catering to the FinTech and Identity verification sectors. AI-driven e-commerce hub: Integrates ERP and connects other services, utilizes multi-regional data. Company that provides innovative and intelligent solutions for businesses to comply with various regulatory requirements and prevent fraud. Developing AI-driven algorithms to support diagnosis of rare diseases. World ́s first solar-powered family vehicle with full autonomy. Once the solar panels are deployed, the van transforms into a completely self-sufficient home on wheels, requiring no external power sources. Mobile app combines users' personal data with retail loyalty programs and a bank payment card, all in one. It transforms your payment card into a universal loyalty card, allowing customers to enjoy retail discounts and make payments with a single card in one easy step. Solves the main problems in managing trademark portfolios globally for law firms and legal departments of companies. We integrate separate trademark databases and provide different tools to work with this data. Saves up to 3 non-billable hours per day. B2B platform to optimize SaaS, cloud, and corporate card spending. We give companies clarity and track of their spending, cut costs, and reduce manual work. An average mid-sized company saves $0.5-1 million annually. Provides comprehensive digital health solutions for oncology. Our flagship application supports the mental health, quality of life, and wellbeing of cancer patients. Estonia-based B2B SaaS platform that automates mandatory food hygiene inspections for large-scale food producers. We turn hazardous waste into valuable resources, getting paid for waste depending on the type used. A breakthrough online advertising tool based on a unique AI system for recognizing images from TV video content and combining them with products available in local online stores. Subscription-based mobile application which integrates mid- and high-quality sports classes. produces the first 3D bioprinter that enables the Reliable fabrication of human tissues. revolutionizing the car-sharing industry with a tech-driven, cost-effective fleet management platform, integrating essential fleet services like washing, fuelling, and damage inspection, significantly reducing operational costs by up to 35%. If you are an Investor and would like to see detailed Information and Contact details of the founders, please activate your Subscription to our Premium service here. If you're a Startup seeking capital, feel free to submit your details for consideration at no cost here.

Lithuanian startup CTO2B secures €1M for automated DevOps on any cloud platform

CTO2B, a Lithuanian startup offering a SaaS platform for automated DevOps on cloud infrastructure, today announced the close of a €1 million Pre-Seed funding round. Practica Capital led the funding with participation from FiRSTPICK and several business angels. By eliminating the need for specialised experts, CTO2B empowers businesses to focus on core development, optimise cloud costs, and ensure high availability and scalability. https://tech.eu/2024/04/17/lithuanian-startup-cto2b-secures-eur1m-for-automated-devops-platform/

Cozero raises €6.5M in Series A funding to advance climate ERP solutions

Cozero, a German climate tech company specialising in carbon management software, announced it has closed a €6.5 million Series A funding round. This investment will fuel Cozero’s international expansion and further develop its Climate ERP platform, designed to integrate sustainability seamlessly with core business operations. Kvanted Ventures and EnBW New Ventures (ENV) led the funding round, with participation from NewAlpha Asset Management and a consortium of industry experts and advisors. These advisors hail from logistics, manufacturing, and SaaS sectors, including prominent figures like Henrik Larsen (former CPO, Maersk) and Gero Decker (Co-founder, Signavio). https://techfundingnews.com/cozero-raises-e6-5m-in-series-a-funding-to-advance-climate-erp-solutions/