Our first award win is officially in the bag. On February 20th, Red Herring announced its Top 100 Europe award winners at the Top 100 forum in Amsterdam and Stravito was called out as one of the winners.
What is Red Herring?
Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies, selecting the award winners from about 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on up-and-comers and the editors were among the first to recognise that companies such as Alibaba, Facebook, Google, SalesForce.com, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.
“In 2019, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Stravito embodies the vision, drive and innovation that define a successful entrepreneurial venture. Stravito should be proud of its accomplishment, as the competition was very strong."
The evaluation criteria
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
What a great review to get. We’re very excited about this vote of confidence from the team at Red herring and look forward to the many more great things that 2019 will bring.