2018 Pauli Awards Recap
June 19, 2018 / Source: GTAN
Following their June Investor Meeting, GTAN hosted their 7th annual Pauli Awards at Bingemans last month. GTAN honoured two outstanding members of their angel group and an investee company whose efforts over the past year have earned them the titles of Angel of the Year, David Borges Community Builder and Company of the Year.
“As we close out our ninth season, it was an honour to celebrate the achievements of our 2018 Pauli Award Winners,” says President of GTAN Rob Douglas. “We were delighted to have a full house of members and guests join us for our June Investor Meeting and in recognizing the award recipients before our summer break.”
The Company of the Year Award was given to GTAN investee and leading provider of 1-to-1 digital solutions for grocery retailers, Unata. The Company of the Year Award is presented to an investee company that has consistently met or exceeded its milestones for development, growth and investment return for participating angels. In 2017, Unata had a successful exit when it was acquired by San-Francisco based grocery delivery service Instacart.
The Angel of the Year Award was presented to GTAN Angel David Rich, who has demonstrated to be an active member, contributing significant time and investments throughout the past year.
Dr. Brian Smith was the recipient for the David Borges Community Builder Award, an award that is presented annually to a GTAN member who has shown a commitment to furthering community growth through personal investment, development of partnerships and is looked upon by peers as a leader within the angel investment space.
“In addition to the Pauli Awards ceremony, attendees had the opportunity to see pitches from three innovative companies,” shares Rob Douglas. “We heard from the agri-tech company Oreka Solutions, cryopreservation genomics technology Acorn Biolabs and an HR-focused tech solution Paddle.”
Since its inception in 2009, GTAN has reviewed over 870 early-stage companies, and showcased over 300. The outcome of this activity is over 75 companies funded, with angel investors committing more than $35 million in capital. In combination with other sources of financing, GTAN angel activity has resulted in over $78 million of capital infusion into local, early-stage companies.