CareMonkey wins €650,000 at prestigious startup conference
In a major win for the Australian startup community, Melbourne-based healthtech startup, CareMonkey, won the grand prize of € 650,000 in the Slush 2015 Pitching competition. The prestigious competition took place in Helsinki, Finland with over 15,000 people in attendance.
CareMonkey, which was founded in 2011, has created a health, safety and productivity solution for families, schools, clubs, businesses, community service organisations and other groups with a duty of care, and has over 100,000 users.
Troy Westley, CareMonkey CEO, states: “We are absolutely thrilled to have won! This prize is a validation for the whole team that we are working on a product that has real potential to grow, and help many more organisations better manage their duty of care.”
Martin Howell, CareMonkey CTO, has been following the events from their Melbourne-based office. “Winning at Slush is a great recognition of the hard work the team has put in over the last four years. We’ve got so many stories of teachers who have used our app during life-threatening incidents to care better for their students, and we will definitely use this award to scale up our operations so that more organisations can adopt CareMonkey.”
The win tops off a fantastic year for CareMonkey. The startup was also recently named the winner of the Talent Unleashed award, judged by Richard Branson of Virgin, and Steve Wozniak, co-founder of Apple. Branson commented that the company “is certainly one to watch” and Wozniak stated that “the more this is the standard, the better.” The prize includes a trip to Branson’s Necker Island.