Announcing the 2018 Class of Barclays Accelerator, powered by Techstars in Tel Aviv

We are thrilled to announce and welcome the next ten companies to the 2018 Barclays Accelerator, powered by Techstars in Tel Aviv. Today is the first day of the program that will run for the next 15 weeks. Demo day will take place on the 5th of May 2018 in Tel Aviv.

The program brings together two powerful networks: Barclays, who is shaping the banking landscape and quickly making itself the first partner of choice for the most promising FinTech companies, and Techstars, the worldwide network that helps entrepreneurs succeed. The 1300 portfolio companies of Techstars have raised over $4.6 billion in capital and 139 have been acquired. Together, Barclays and Techstars give founders the best chance for success.

Being a serial entrepreneur myself, I truly understand the value of having a true, worldwide network aimed at helping entrepreneurs succeed.

In addition to being selective, this program is remarkably global and diverse. Incredible Israeli founders will be joined by entrepreneurs from Montenegro, Ecuador, India, Italy and the USA. They were selected from an applicant pool focused on next generation technology for the financial services industry. Companies in this class have launched exciting businesses using technology to address opportunities in options trading, compliance, cyber-security, open banking, supply chain, legal, payments, insurance, property management and lending.

I’d like to thank our mentors, sponsors, partners and alumni for their generous support. We look forward to another great class!

Cred

Cred helps financial institutions personalize their investment offering. The platform enables financial institutions to better compete for retail investors by matching a unique, personalized portfolio to each individual investor. Throughout the investing process, the platform collects valuable information about retail investors, which allows the financial institutions to better identify, serve, and market to their clients.

Cubbit

Cubbit delivers distributed cloud storage services. In the future it offer the other main web services, which are currently delivered only by centralised data-centers. Through an IoT device, the company crowdsources a distributed data center from one web farm for all, to small servers in everybody’s home/office. It offers an encrypted cloud storage to final users, and is a provider of cheap and boosted web services for corporates.

Homelend

Thanks to the security, transparency and immutability of DLT, Homelend will significantly enhance the access and sharing of information among the many actors that take part in mortgage processes: borrowers, banks, appraisers, insurers, etc. 

InFront Compliance

InFront Compliance created a module-based platform that empowers companies and vendors to more easily and effectively manage their compliance requirements. Companies can systematically streamline their internal and third party vendor compliance efforts in response to regulatory or bespoke frameworks (like FINRA, HIPAA) to manage risk.

Kriptos

Kriptos is a sophisticated software that classifies and labels company information using Artificial Intelligence. It obtains the probability of data loss, measures the economic impact of data loss and generates policies of use.

LiST

LiST turns life insurance policies into tradable liquid assets. The life insurance owner will use the platform to transform their life insurance into Blockchain technology-based Tokens, representing the value of their insurance policy. The platform also provides a marketplace which brings together the token holders and life settlement investors.

On the marketplace, one can buy or sell tokens that represent “shares” of a life settlement. When a life policy reaches maturity, the proceeds are distributed between the token holders.

MADA Analytics

MADA Analytics is a predictive data analytic platform for enhancing the project financing of renewables. Driven by proprietary artificial intelligence algorithms, the company optimizes the design and operational regimes for energy storage integrated into solar, wind, and hybrid solar-wind projects.

The sophisticated simulation software leverages data analytics to create enormous economic value when used for renewable energy project finance and energy trading.

They created an energy management system for renewable plus storage projects that enables energy traders to capitalize on energy arbitrage and other strategies.

OKO finance

OKO finance is mobile centric insurance for farmers in emerging markets. It aims to provide over 2 billion farmers with an affordable and efficient insurance against droughts and excessive rainfall.

Insurance companies are currently unable to offer attractive products to smallholder farmers, as the administrative cost (distribution, premium collection, claim verifications and payment) is too high in comparison to the amount covered.

Paperless, mobile-based registration; Remote weather monitoring; Automated payment via mobile money; Big Data analysis

SafeHouse Technologies

SafeHouse Technologies’ solution sits as the first point of contact to the Internet for all traffic that is passing through it; using a combination of homegrown and existing methodologies, and AI-driven analytics we are able to detect and prevent cyber threats of all degrees in real-time.

Uhura Solutions

A platform powering a new generation of financial AI advisors. It gives businesses instant, off-the-shelf access to an AI solution that can read and understand contracts and agreements and get to the complex financial decision, through completely natural interaction with customers.








Hilla Ovil Brenner Joins Barclays Accelerator in Tel Aviv

As a serial entrepreneur, I’ve taken many remarkable paths in my life – but I’m about to start my most exciting venture yet.

I am pleased to announce that I am taking over the Barclays Accelerator, Powered by Techstars in Tel Aviv as managing director. Working alongside Program Manager Yasmin Nachum, we are going to support our class of exceptional founders to help them accelerate their companies, tap into the industry and receive mentorship and insight from Barclays.

Before I found my passion in entrepreneurship, I completed two law degrees and practiced law in Israel and NYC. More recently, I was the CEO and co-founder of the publicly traded company White Smoke, Inc. While at White Smoke, we invented a sophisticated grammar engine that was adopted by over 50 million users around the world.

But my entrepreneurial experience doesn’t end there. During my life, I have raised over $40 million, built teams from the ground up, learned the ins and outs of business models, management, and the best part – making dreams become reality.

I sit on several tech advisory boards, I’m an investor, a mentor to multiple accelerators, and am continuing to become deeply embedded in the startup arena. Last year, I had the honor of being nominated one of the most influential people in tech by GeekTime, a leading Israeli website.

Another passion of mine is supporting women entrepreneurs. I am the founder of Yazamiyot, Israel’s largest community for women entrepreneurs, as well as Campus for Moms in Collaboration with Google, an international innovation program for moms on maternity leave.

What I’m Looking Forward to the Most

Discovering the Big Idea – The word innovation gets thrown around in the startup world, but I truly can’t get enough of it. I’m excited to discover great ideas that are in Israel and beyond. Two world changing ideas stemmed from Israel, Waze and Gett. How did we ever get anywhere before Waze? How did we think of ordering a taxi before Gett? I’m thrilled to work with Techstars to turn ideas into successful companies.

Building Great Teams – Techstars says that they look for five things when selecting companies to join their programs: team, team, team, market, and idea. In that order. I’m a great believer in people, and am looking forward to working with founders, partners and investors to form strong companies and even stronger teams.

Helping Entrepreneurs – As I mentioned before, I love being an entrepreneur, but I love coaching others. There’s nothing more satisfying than hearing founders say they were influenced by my advice. I can’t wait to work with all of our companies in the program, and use my experience to help them grow.

So let’s do this. Let’s draw in the best companies and mentors from all over the world to create a pool of successful fintech entrepreneurs. Let’s work with amazing partners like Barclays and grow the Techstars worldwide network.

Are you ready to take that step? Applications for the Barclays Accelerator, Powered by Techstars in Tel Aviv are open now and close February 25th, 2018. Apply today!