Tampere – March 15, 2013 – TeamUp announced today it has been selected as a Finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on 20 main quantitative and qualitative criteria: they include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
“This year was rewarding, beyond all expectations” said Alex Vieux, publisher and CEO of Red Herring. “The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. TeamUp shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2013 crop will grow into some amazing companies that are sure to make an impact.”
“Being selected by Red Herring as a finalist is an honor and validates all the hard work TeamUp has been doing,” said Donna Kivirauma, CEO and Co-founder of TeamUp. “Our team is passionate about developing a social media community that helps athletes, musicians and artists to be discovered and supported by their fans and businesses. With two very interesting patents pending in the US, and having musicians like Finnish singer-song writer, Anssi Kela, and athletic organizations like The Finnish Olympic Committee as part of TeamUp, we are sure to raise a lot of interest in Amsterdam in April. Having moved to Finland from the states four years ago, and now representing TeamUp, a promising Finnish company, gives me a great feeling of national pride, as just this week I received my permanent Finnish resident card. Mostly though, we are looking forward to our launch in a few months and making a difference in people’s lives in Finland and abroad,” added Donna.
Finalists for the 2013 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 8-10, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of April 10 at the event.
TeamUp is a start-up based in Tampere, Finland, developing a social media marketing community. The focus is on helping talents, who are athletes, musicians, artists, etc. at any stage in their career to be discovered and supported by their fans and businesses. TeamUp is the best way that talents and groups can find sponsors and offer a great marketing opportunity to the businesses that support them.
TeamUp is creating a community where Talents, Fans and Businesses can each win. In the ecosystem of TeamUp everyone contributes, so that everyone gets just what they need. Talents share great content and experiences for their fans and help businesses to get connected in a positive way to their fans. 100% of the money raised by talents in TeamUp goes directly to the talent. The community is free for them. TeamUp is selling profiles to businesses to showcase their support and to gain a direct marketing opportunity to the fans of the talents in a way that is positive for the fan.
The community is in its first closed Beta release and is expected to have a full service community at the end of April. The public launch date will be announced soon.
CEO and Co-Founder
COO and Co-Founder