Le Lézard
Classified in: Science and technology, Business
Subjects: AWD, VEN

Venture Atlanta Presenter Admiral Named 2019 Most VC-Backable Startup


ATLANTA, Oct. 15, 2019 /PRNewswire-PRWeb/ -- Admiral ? The Visitor Relationship Management (VRM) Company ? while preparing to speak at Venture Atlanta 2019 this week, was notified that the Global Venture Capital Investment Competition (VCIC) has named Admiral 2019 Most VC-Backable Startup. The Global VCIC includes venture capitalists, student VC teams and fast growing startups in a one-of-a-kind venture pitch and due diligence competition to find the world's top young venture capital talent and most VC-backable startups. Admiral's VRM platform helps digital publishers grow visitor relationships and revenue in the face of ad blockers, privacy blockers, and new privacy regulations disrupting the traditional value exchange for online content.

"We were honored to be selected to participate in the Global VCIC event and humbled to have been named Most VC-Backable Startup." says Dan Rua, CEO. "The competition is daunting, with venture capital teams ripping apart your business model and leaving no due diligence stone unturned. Securing multiple termsheets after such a thorough process was rewarding. We'll take the recognition, but I think Admiral had an unfair advantage because younger venture capitalists have the most firsthand experience with the growth of ad blockers, privacy blockers and new value exchanges like digital subscriptions and microtransactions among their peers ? they see the disruption that's coming and how it drives Admiral's growth."

A massive VCIC bracket system similar to March Madness led to elimination rounds taking place at Boston University, Johns Hopkins, Rice, Colorado, Texas, Yale, USC, IIM-Bangalore, NTU Asia, IESE EU, Cranfield, SMU Sobey, Silicon Valley and UNC Chapel Hill; including over 50 teams, VCs and startups from around the globe. The four companies chosen as 2019 Most VC-Backable Startups and the number of termsheets offered to each were Admiral (8 termsheets), Pro-ficiency (6 termsheets), Carpe (6 termsheets), and Rymedi (5 termsheets); and kickoff for the 2020 Most VC-Backable Startup Global Search has just begun.

"Admiral really distinguished themselves, securing an unusually high number of termsheets, but the problem they were tackling was massive and they've quickly become the leader in their industry," said Patrick Vernon, Director of the Venture Capital Investment Competition. "The VCIC is a rigorous investment competition at heart ? not a pitch contest ? so Admiral and the other startup winners had to shine with detailed due diligence, rapid fire investment questioning and real business results. We congratulate all of our 2019 winners. They set a high bar as we kickoff our 2020 global search for the most VC-backable startups in the world."

To learn more about Admiral, visit https://www.getadmiral.com or attend their Venture Atlanta presentation 11:30am, Thursday, October 17. For additional information about The VCIC Most VC-Backable Startup Global Search, visit https://www.vcic.org/startups/

ABOUT ADMIRAL
Admiral is The Visitor Relationship Management (VRM) Company, helping over 16,000 sites worldwide grow visitor relationships and revenue. Admiral empowers publishers to engage their audiences to drive and optimize revenue streams from paid subscriptions to adblock recovery. Admiral's one-tag solution provides free revenue analytics, and a suite of engagement, GDPR/CCPA privacy compliance, subscription, and revenue growth modules. Interested publishers and partners are encouraged to learn more at https://www.getadmiral.com

SOURCE Admiral


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News published on 15 october 2019 at 14:30 and distributed by: