Lake Macquarie startup wins CeBIT pitchfest
25 May 2017
A Lake Macquarie-based startup focused on eliminating the stress of unknown transactions on your credit card statement, tonight won the CeBIT Australia 2017 PitchFest competition.
Look Who’s Charging’s Nicole Grover impressed the panel of expert judges with her team’s product that will help eradicate the 14 million unknown transaction enquiries faced by banks each year. The startup has already gained traction in the market with an undisclosed bank signing a seven-figure deal to launch the integration to their online banking in August.
Judges Maureen Murphy, Commercialisation Adviser; Raj Dalal of Big insights; and James Cameron of AirTree Ventures said they “really liked the product and would use it in a heartbeat.”
As a reward, Look Who's Charging received a free stand for CeBIT Australia 2018, $12,000 worth of hosted cloud services from Orion VM, and a 12-month membership to TiE Sydney, a non-profit, global networking community.
Second place was awarded to Sydney startup Rivuu, a platform to streamline social media marketing from content creation right through to the approval stage.
Another Sydney startup — Sound Scouts — a gamified hearing test app which is making waves in Australian schools, took out third place in the national competition.
CeBIT PitchFest offers entrepreneurs practical real-world pitching experience, and the chance to receive feedback from leading entrepreneurial experts and key influencers.
NSW Minister for Trade and Industry Niall Blair said it was fantastic to see NSW taking the top three prizes in the Pitchfest.
"It shows our state truly is the startup state, home to 40% of Australia's startup founders.
"The NSW Government is investing in our state's startup sector because we recognise its potential to create jobs and economic growth.
"Congratulations to Look Who's Charging for taking out the 2017 PitchFest title and I look forward to hearing more about their progress into the future."
Other CeBIT PitchFest finalists were:
- Inkerz of Sydney: bringing the internet of things to education, Inkerz utilises cutting-edge technology to bridge the gap between a notepad and the computer to increase the effectiveness of online learning.
- Hosonto Middleware of Melbourne: an end-to-end development platform for web and mobile applications that utilise a patent pending Automated Model View (AMV) framework to allow developers to focus on user interface and business logic.
- Share with Oscar of Sydney: dubbed as the ‘Airbnb for parking’, this is Australia’s first real time, on-demand, parking application that facilitates the rental of private parking spots.
- KeyHub of Ultimo: key storage facilities that allow short term rental accommodation hosts to safely store and swap keys with guests in a secure and convenient location.
- Arludo of Sydney: a gamification app that combines augmented reality and play to empower teachers to teach STEM subjects and encourage students to engage and learn.
- Ontoto of Moss Vale: an advanced water monitoring solution to measure water level and temperature.
- Smart Grid Energy of Coolum Beach: a unique solar power metering system developed by Enopte to address the rising cost of power. The system is free to access and can save users up to 30% through access to demand management controls and detailed information on energy consumption and generation.