Winner of 3D Fintech Challenge accelerator programme announced
Forensic search start-up Kusiri takes top prize of £15,000 and Las Vegas pitching opportunity
Tech start-up accelerator programme the 3D Fintech Challenge has named forensic search platform Kusiri as its 2013 winner.
The six-week programme, backed by French 3D software design giant Dassault Systémes and delivered by accelerator specialists Pivotal Innovations from Canary Wharf’s Level39 space, aimed to identify and nurture the best tech start-ups utilising visual analytics software in the financial services sector.
The winning team, Kusiri, sells a bespoke ‘forensic search platform’ which it says enables its financial services clients to quickly pull together relevant data for large-scale investigations.
Founded by current chairman David White, the London-based company beat five other finalists to take the top accolade, impressing a judging team comprising venture capitalists, serial entrepreneurs and senior figures at Dassault Systémes.
As winners of the top prize, Kusiri will receive a £15,000 grant to grow its business as well as an invitation to Dassault’s 3DEXPERIENCE Customer Forum in Las Vegas in November 2013, where it will showcase its product to around 200 global corporations.
Dassault said the five runners-up, which included client data ‘artificial intelligence’ company LBM and bank customer data visualisation tool Conatix, completed the programme having progressed discussions regarding piloting opportunities and raising additional investment.
Tim Clark, CEO of Kusiri, commented on the win: “We’re absolutely delighted to have won the 3DFinTech Challenge 2013. It has allowed us to evolve our product and to focus our business proposition. The support from Dassault Systèmes, the mentors, Level39 and Pivotal Innovations has been exceptional.
“There’s been tremendous collaboration between the six teams which has built relationships and created opportunities that we wouldn’t otherwise have had.”
Eric Van Der Kleij, head of Level39, added: “The 3D FinTech Challenge is a terrific example of how a large corporate can directly support tech innovators in a positive, encouraging fashion that helps these young companies gain visibility and traction.
“The concept of an established company, like Dassault Systèmes, aiding the acceleration of young companies is a powerful and topical economic model that fits with the new, more open approach of financial services today and the technologies that it supports. We are proud to join Dassault Systèmes in celebrating Kusiri’s success.”