Tuizzi is going global

Tuizzi-ScreenshotYou might say you could have done this too. But the fact is that Tuizzi done it first and got the second place at the Startup Games in London, last weekend.

Tuizzi is simply the booking.com of outdoor advertising. Either you are a small business owner, a brand manager or an advertising agency, this platform will help you find and buy the local advertisements you are looking for. And if you are the proud owner of a few billboards, you can put them for sale there and even manage your business for a fee.

I met today Afonso Santos, co-founder of this Porto based startup and asked him if it was really “too easy”. The answer: “It was fun and at the end we got the best prize I could ask, a new mentor I trust will help us put the next step in place”. Afonso also mentioned the team (three co-founders and one employee) is looking to take the next step. After all, there’s ten man-years of experience gathered, adding up the team member’s commitment to the project. “We are making some money in Portugal and we think we are more than ready to take a global approach, we just feel we need to take an additional step before scaling up”, reveals Afonso.

Tuizzi was the recent winner of the Switch Conference in Lisbon and defeated 120 startups at London Startup “Olympics”, all but UK-based Versarien, a high technology company specializing in materials development that “took the gold medal”. You can read more here and here.

Now it’s back to business. Just for reference, when Afonso told me about an interested Portuguese group in the same sector, it took me one attempt to guess which one was. But the company is looking for other markets and “a big investor might be in the horizon”, so are the effects of the Startup Games second place. I know some calls and mails are being exchanged and that a deal might come in the next weeks. Afonso confirms “this will be a Series A round, we mostly funded the project ourselves up to now”. We look forward to hear from that development. My guess: given the size of the market they are, that may well be the deal of the year in Portugal.


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