NACO's 2018 Awards Feature Zoom.ai, Genesis Robotics and More
October 1, 2018 / Source: Techvibes
The National Angel Capital Organization (NACO) held its 2018 Awards last week, presenting awards for Most Promising Startup of the Year, Exit of the Year, and Angel of the Year.
The Most Promising Startup of the Year Award, which was presented by Panache Ventures, was awarded to Zoom.ai, a chat-based productivity software that enables employees and entire companies to automate simple tasks. The award recognizes an early-stage startup that has experienced outstanding growth over the past year, and Zoom.ai raised a total of $5.2 million in seed funding to further develop their platform and expand their reach. Zoom.ai also picked up the New Startup of the Year award at this year’s Canadian Innovation Awards.
The second of three distinct awards given out was the Exit of the Year Award, which was presented by RBC and awarded to Genesis Robotics, Michael Gibney, and Dr. Basil Peters. The award recognizes the most successful exit by a Canadian startup that received financing from a NACO group.