We’re excited to announce that Classter has been selected to participate in the 3rd Batch of Endeavor ScaleUp Program, among 16 other highly promising Greek startup companies.
The objective of this program is to support the growth of ScaleUps; innovative companies that can create high-impact success stories. These companies are at a Seed or Series A funding phase, and their high-impact entrepreneurs can generate new jobs and a multiplier effect in the local and global economy.
For selecting the new batch, Endeavor put together a panel consisting of 41 world-class executives from companies like Facebook, American Express, and Microsoft. The panelists were looking for entrepreneurs that lead businesses with significant growth potential at an inflection point, enabling scalability at a regional or global level and creating large-scale impact and new jobs.
There are now a total of 41 companies participating in the ScaleUp Program! In the program, entrepreneurs have access to strategic guidance from expert mentors around the world, access to investors through the international Endeavor investor network, support in expanding to new markets, and the organization’s cooperation with universities and businesses internationally, to attract talent. ScaleUp’s batches have found huge success as the participating companies have attracted €250M in investments, increased the number of jobs created by 35%, and grown in revenue by 60%.
The 3rd batch consists of the following members: Advantis, Anodyne, Arrikto, Better Origin, Billfront, Causaly, Classter, DCI, Green Panda, Instacar, Manual, Numan, Prosperty, Sync, TileDB, Vimachem, and Voda.ai. A noteworthy observation in this cohort goes to the addition of 6 companies in the health tech vertical, which has seen immense growth in the past years.
Endeavor is a mission-driven, global organization leading the high-impact entrepreneurship movement. Endeavor was founded on the belief that job creation, innovation, and overall prosperity flourish where there is robust support for high-impact entrepreneurs.
For a carefully curated group of these entrepreneurs (“Endeavor Entrepreneurs”), Endeavor offers a best-in-class seal of approval, and unrivaled personal and professional network, frictionless co-investment capital, and peer-to-peer idea exchange in a truly global setting.
Endeavor also serves as a global thought leader, demonstrating why high-impact entrepreneurship matters and how important innovations can come from anywhere in the world.
You can find Endeavor’s Impact Report 2020-2021 with a detailed analysis of the Greek innovation ecosystem here.