BERLIN, April 12, 2016 /PRNewswire/ --
nestpick announced today it has been selected as a finalist for Red Herring's Top 100 Europe award, a prestigious list honoring the year's most promising private technology ventures from the European business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on 20 main quantitative and qualitative criteria: they include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy and integration into their respective industries.
"We're especially proud of the social value that nestpick provides," added nestpick co-founder and COO, Patricia Moubarak. "We help people find something that everyone needs - a home. We measure our success against the happiness of our customers and the homes that we provide."
In addition to measuring potential, Red Herring's unique assessment also features a review of the actual track record and standing of a company, which allows them to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
"This year was rewarding, beyond all expectations" said Alex Vieux, publisher and CEO of Red Herring. "There are many great companies producing really innovative and amazing products in Europe. We had a very difficult time narrowing the pool and selecting the finalists. nestpick shows great promise and therefore deserves to be among the finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2016 crop will grow into some amazing companies that are sure to make an impact."
Finalists for the 2016 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, Red Herring reviewed over 1.200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
nestpick co-founder and CEO Fabian Dudek expressed his gratitude at the selection along with his confidence in staking a claim in the top 100, stating that "Red Herring knows innovation when they see it, and our selection is obviously a positive sign that nestpick's revolution of the rental market is heading in the right direction."
Dudek is looking forward to presenting nestpick at the Red Herring Europe Forum in Amsterdam, April 11-13, 2016. The Top 100 winners will be announced at a special awards ceremony on the evening of April 13 at the event.
nestpick is a service for a new generation, bringing a necessary change to the broken rental market. The platform enables a simple, secure and convenient way to find and rent homes for the long-term, entirely online. Founded in 2014, the company aims to develop the new standard of how people rent their homes.
nestpick is backed by the following investors: Mangrove (Skype), b-to-v (Facebook), Target Global (Fyber), enern. The service is available in 5 cities around Europe and hosts over 21.000 listings. It was founded by Fabian Dudek and Dr. Patricia Moubarak, and has won the LOEY and STUOP prizes for entrepreneurship.