According to the World Economic Forum, whatever it takes to be a Technology Pioneer in 2015, a quintet of Finovate alums has got it.
The Technology Pioneers program was launched in 2000 to give recognition to early stage companies developing new technologies that will have a “significant impact on business and society.” Previous winners have included AirBnB, Google, Next, SoundCloud, and Twitter.
The World Economic Forum chooses approximately 30 companies each year out of a pool of “hundreds” of applicants. The field is winnowed by a selection committee consisting of top technology experts, academics, entrepreneurs, and venture capitalists who review the applications and submit a recommendation to the World Economic Forum. Since the program began, 600 companies from five continents have been represented in the Technology Pioneer program.
Companies interested in the 2016 program should apply before February 5, 2016. Applicants will be notified by mid-July 2016. More information about the program is available here.
Ayasdi made its Finovate debut at FinovateFall 2014 in New York. The company raised $55 million in funding this spring, taking its total to more than $100 million. FutureAdvisor recently unveiled its FutureGift solution, to make it easier for friends and family to make contributions to a child’s college savings plan. The San Francisco-based company demoed its platform at FinovateFall 2013, and has total capital of more than $20 million.
Ripple Labs picked up a $28 million investment and hired former Yahoo exec Brad Garlinghouse as its new chief operating officer in April. Irish startup Sedicii demoed its authentication solution at FinovateEurope 2015, and TransferWise, making its Finovate appearance at FinovateEurope 2013, began 2015 with a $58 million fundraising led by Andreessen Horowitz that boosted the company’s total capital to more than $90 million.