In the beginning of this year, we took a look at major European countries and tried to come up with a list of 5 startups (each country) to watch in 2015. In the case of Portugal and a few other countries, it has been very hard to narrow this list down, but we’ve decided to go with just 5 promising Portuguese startups out of different sectors. All of them entered the market within the last two years and each of the listed startups has something special to add to the web/app economy in 2015.
1. Xhockware: A Porto-based startup with main focus on creating innovative retail solutions. Founded in 2014, Xhockware’s goal is to solve the most common complaints about grocery/supermarket shopping in a natural way, increasing the quality experience for consumers and saving money to retailers. There is money to be saved in effectively reducing checkout time. In the beginning of 2014, Xhockware secured €245K of seed funding in a financing round with Portugal Ventures, PNV Capital and a few other investors.
2. Unbabel: Founded in 2013, Unbabel’s mission is to enable seamless, trustworthy written communication in different languages. The Unbabel platform combines a novel approach to machine translation with a community of bilinguals and freelance translators which results in human quality translations, at a fraction of the cost, an order of magnitude faster. Customers enjoy peace of mind while communicating in their native language to natives of other countries, secure that communication barriers are not damaging their business. In July of 2014, the Lisbon-based startup closed a seed financing round of $1.5 million.
3. MeshApp: Chats, social, messages, news, emails, professional and personal matters – MeshApp helps you to prioritise. Founded in 2013, Meshapp is a tool that allows you to access your content and interactions in a better way, an application that transforms your digital chaos into an organised experience. MeshApp aggregates the information you need to keep up to date and lets you take the best of your web, social and email accounts. So far the Aveiro-based startup secured $375K in seed funding.
4. Sensefinity: The Lisbon-based startup Sensefinity connects the physical world with your IT, creating the Internet of Things (IoT). Via Sensefinity’s simple to use and relatively inexpensive sensor-platform and their scalable cloud-platform the young company can find fast and easy ways to integrate machine-data into today’s IT systems to uncover hidden value. Founded in 2013, Sensefinity aims to provide Internet of Things for the masses.
5. Getsocial.io: A Portuguese startup that helps websites analyze their social sharing activities. By tracking every share made on your website, GetSocial is able to identify which users shared and how many visitors plus conversions were generated by shares. The Lisbon-based startup also enables you to analyse shares by product, shares by social network and more. As Getsocial tracks everything on the user level, their solution helps you to find influential users (who bring traffic / conversions), top converting social networks and engaged users who didn’t convert yet. Getsocial was founded in 2013 and funded with €315K by Portugal Ventures and Faber Ventures.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!