Bridgit, a cloud-based mobile and web communication platform designed for the construction industry, was awarded the top prize in the first-ever C100 Startup Competition at Venture North. Bridgit, co-founded by Mallorie Brodie and Lauren Hasegawa in 2012, was one of seven local companies competing. Venture North, a new event focused on promoting Toronto-Waterloo’s startup community, took place this week. It is a partnership between Silicon Valley-based nonprofit organization the C100, the Ontario government, MaRS Discovery District, Communitech, OneEleven and others.
Bridgit claims top prize at C100 Startup Competition
Venture North Conference showcases Toronto-Waterloo talent to U.S. Investors
Toronto, Ontario, September 15, 2015 – Seven of Toronto-Waterloo’s most promising startups kicked off the two-day Venture North conference today at MaRS, facing off in front of industry VIP judges during the first-ever C100 Startup Competition. Bridgit came out on top with their communication platform engineered for today’s construction team.
They shared the spotlight with other founders from Statflo, SparkGig, Suncayr, Sampler, Medella Health and Plooto. There was more at stake than the $15K, with a select group of US investors up from the Valley, New York and Boston to experience Toronto during TIFF and meet entrepreneurs in the fast growing Canadian scene.
“We’re thrilled to have won the C100 Startup Competition,” says Mallorie Brodie, presenter and co-founder of Bridgit. “It was an amazing opportunity to take part in, and the exposure from an event like this is invaluable.”
“By bringing U.S. investors to Venture North we are creating better access for Canadian startups like Bridgit to innovation financing,” says Salim Teja, EVP Ventures for MaRS. “There is great opportunity in Canada for both investors and entrepreneurs, and the time is now to capitalize on our potential.”
The C100 Association and the Government of Ontario, along with MaRS, Communitech, OneEleven and other industry partners, launched this inaugural north-meets-south conference to promote the innovative Toronto-Waterloo ecosystem and showcase some of Canada’s most promising startups.
“Innovation plays a significant role in the success of the Canadian economy, and the Toronto-Waterloo corridor is an important ecosystem driving our innovation sector north of the border,” says Scott Bonham, co-founder of GGV Capital and C100 co-chair. “We need to ensure these home-grown companies have the support they need to succeed, and become global players.”
Throughout the conference there are special appearances by Minister Brad Duguid, Minister of Economic Development, Employment and Infrastructure, Ontario Premier Kathleen Wynne, Toronto Mayor John Tory and Kitchener Mayor Berry Vrbanovic. On day two, the competing founders and other promising entrepreneurs will learn from established Canadian growth companies, including Kik’s Ted Livingston and Eloqua’s Steve Woods, as well as U.S. firms like Mithril Capital and Spark Capital.
Venture North partners include MaRS, Communitech, OneEleven, Waterloo, the University of Toronto, Silicon Valley Bank, CIBC, Ontario’s Ministry of Economic Development, Employment and Infrastructure, KPMG, RBC and Rogers.
Venture North Conference
C100 Startup Competition
The C100 Website
@theC100 – #C100VentureNorth #C100Challenge
C100 is a non-profit member-driven association that provides a bridge between Canadian startup founders and innovative corporations, and the highly influential Silicon Valley network.
Through various programs the C100 provides access to innovative companies, potential partnerships, investors and mentors. C100 Charter Members include some of the most successful Canadians working in some of the most important tech companies in the Silicon Valley, include startups CEOs, top executives of companies such as Apple, Cisco, EA, eBay, Facebook, Google, Microsoft and Oracle, and venture investors representing more than $8 billion in capital. They are dedicated to giving back to the community and fostering the next generation of successful Canadian entrepreneurs and innovative companies.
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