Bulgarian StatAce is the winner of betapitch | global, which was held in Berlin on 6 July (read more about it here). The two-person team, driven by the lack of software for low, student budgets, came up with the idea of building “Google docs for professional statisticians” and eventually took home the first prize of the startup competition.
Christian Mladenov and Veliko Minkov’s ambition was to create an online system, accessible from a web browser on any device, and which also runs in the cloud and offers good scalability. With StatAce, users can share data, statistical algorithms and results and they can collaborate in real time. Because it runs in the cloud, the prices for using the tool are going to be flexible compared to the ones of traditional software models.
“I came up with it while writing my thesis,” Mladenov told inventures.eu. “As a student I could not afford the expensive commercial statistical software and it was very difficult to gain access to a powerful enough PC to process large amounts of data. So I thought combining the power of the open-source R language, the cloud, and a browser would offer a unique solution to such a problem.”
betapitch | global brought together 15 teams, selected from the local betapitch editions (see all the participants here). StatAce won six months of free space at betahaus | Berlin, 10.000 euros in cash sponsored by hub:raum and two weeks at the startup mansion blackbox.vc to check out Silicon Valley. And the team is already looking forward to its near-future plans. “Our first task will be to attract an advisory board within the field of university biomedical research (our initial target), convince some current or new users to become pilot customers, and of course focus on developing the product,” said Mladenov. They are also looking to expand their team by one or two people.
The winner of betapitch | Hamburg, get2play, won a one-way ticket to Silicon Valley as well as a three-month programme at the Plug and Play Tech Center. Also, Diagsum from Spain won a wildcard to the next hub:raum accelerator programme, and Danish bikway got a trip to Paris (To see all the rewards click here).