The TechStars accelerator has chosen the Uruguayan startup Skyblue Analytics, the second-largest in the world, backed by JP Morgan and various global companies, including eBay.
This financial technology startup from Uruguay specializes in providing innovative and personalized solutions in investments and financial markets by analyzing vast datasets.
Skyblue Analytics was selected as one of the 12 startups from around the world out of more than 1,250 candidates.
Sebastián Musso, co-founder of the company, along with Rodrigo González and Martín Ayala, announced this news from the United States.
“We stayed at the (headquarters) in Oakland, San Francisco, one of the three most important alongside Chicago and New York,” revealed the entrepreneur.
This achievement adds to the previous year’s success when Skyblue Analytics joined Startup Chile, a Chilean accelerator that has supported companies with potential, such as the local ‘unicorn’ Notco.
As part of their entry into the American accelerator, Skyblue Analytics has received an initial investment of USD$120,000 $ They will benefit from three months of resources, support, and guidance in both virtual and in-person formats.
“Our goal is to close our USD$750,000 seed round to support the growth and development of Skyblue Analytics,” stated the co-founder of the startup.
The Uruguayan startup plans to expand regionally, covering Latin America and the United States.
“Our mission is to improve access and the investment experience for individuals, financial institutions, and companies.
“For us, this is a strategic achievement because their group of mentors is one of the most comprehensive in the world, especially specialized in fintech, and their B2B client network is essential. Furthermore, their objective is for you to raise between USD$500,000 and USD$1 million in investment,” emphasized Musso.
This is because, at the end of the program, they will have the opportunity to participate in Demo Day, an event where they will present their project to investors and experts to raise funds.
