KOMPAS will be appearing at the Hello Tomorrow conference in Paris.

KOMPAS selected as one of the Top 500 Deep-Tech companies

KOMPAS, a start-up created by Exeter graduates has been selected as one of the companies invited to the Hello Tomorrow conference in Paris, talking about the future of mobility within Artificial Intelligence. This comes, after recently securing a commercial partnership with Visa, and winning €50,000 in the annual Visa Everywhere Initiative. Their co-founder and CEO Tom Charman, has also been recently shortlisted for the Future Face of Innovation and Technology.

This year saw a record number of applications to the Hello Tomorrow conference Deep-Tech challenge, a competition aiming to highlight the top 500 deep technology companies from around the world. Companies operating in industries from the Environment, to Mobility and Aerospace were all considered, with 500 going on to represent their industry. One company will go on to win a cash prize at the conference later this year.

The CEO of KOMPAS, Tom Charman, said “I believe that KOMPAS was selected, as we’re doing everything we can to disrupt the travel and mobility space, by putting personalisation at the crux of everything that we do. We believe that creating a seamless travel experience is the only possible solution, to the problems people face when exploring the world”.

KOMPAS was established in 2015, after the the founding team realised that there was a huge opportunity in the market, believing that the market had lost touch with their customers, who were placing an increasing demand on tailored, and personalised experiences. Since then, they’ve got on to raise a round of angel investment, and have won multiple awards for their innovation in travel and technology, with all of the founding team recently being highlighted as ones to watch by startups.co.uk.

The Hello Tomorrow conference is run yearly, and 41 percent of the 500 companies selected are university spin-offs, with MIT being represented the most this year. 41 of these startups this year are from the UK, making it the city with the highest proportion of top 500 startups, but the US takes the prize for most represented country, with 97 of the 500 startups coming from the United States. On average, 62 per cent of the companies selected have secured patents on their technology and solutions, and have raised an average of $534,000.

Date: 7 August 2017