Madrid hosted on the 4th-6th of October the fifth year of South Summit, the leading startup conference in Europe. With more than 12,500 attendees from over 100 nationalities, South Summit fosters the startup ecosystem in the south of Europe, summoning the most innovative startups globally, the main investors around the world, and corporations seeking to improve their global competitiveness through innovation.
Some of this year’s inspiring speakers consisted of Dr. Werner Vogels Vice President and Chief Technology Officer at Amazon, Antonia Norman CEO of Branson Centre of Entrepreneurship (Virgin UA) and Francisco González Global Executive Chairman of BBVA.
At this year’s event, Nextail was selected among more than 3,500 startups as one of the 100 finalists of the startup competition, competing in the category of Lifestyle & Fashion.
Joaquín, our CEO and cofounder, presented a strong pitch amongst the other six companies in our category winning us the award for Best Lifestyle & Fashion startup presented by iconic Spanish fashion designer, Ágatha Ruiz de la Prada. Later that day, we pitched again for the Global Awards against the winners from the other categories: smart mobility, travel and tourism, new money, content & channels, healthcare & biotech, energy & sustainability, art & culture, B2B & B2G and B2C.
The prize giving ceremony marked the grand finale of the event and saw Four Global Winners announced from the 100 startup finalists. Nextail had the honour to receive the prize for Best Startup Team. Other startups awarded were Wallbox for their electric vehicle charging solution, Caravelo for their chatbot travel concierge and Darwinex for their financial markets trader exchange.
These two awards are amazing recognition for what Nextail has achieved as a team so far and a great push for what lies ahead in a journey that has just begun. Three years ago, when the company was founded by Joaquín Villalba and Carlos Miragall with the goal of transforming commerce through the use of prescriptive analytics, there was a team of just 3 people working from their kitchen tables and having business meetings in nearby coffee shops.
Fast forward to 2017 and the team is now comprised of 45 amazing individuals from over 10 different countries, who are devoted to Nextail values of passion, innovation and impact to transform retail. The company is managing the stock of leading fashion and cosmetics retailers including Kiko Milano, Gocco, Melon Fashion Group, Twinset and Stefanel in more than 30 countries.
But this is just the beginning and everything is yet to be done…
We continue working as a company to revolutionise fashion and democratise the operational practices of fast-fashion by harnessing the power of prescriptive analytics. The next step? In the coming months we will be releasing our new buying application for ecommerce and retail which addresses one of the biggest challenges that retailers face every season: buying the right amount of each product. Many more applications for both the offline and online world are yet to be released. We will keep you posted!
Thank you Spain Startup for hosting South Summit and giving us the opportunity to share our story with the world! We look forward to seeing you again next year.
Visit our website to see how Nextail is helping major retailers transform their core merchandising decisions with AI and machine learning.