NEW YORK, Jan. 10, 2019 /PRNewswire/ -- Cyndx, the most advanced investment search platform for companies, financial institutions and investors looking to enhance their capital raising and M&A efforts, congratulates the 50 finalists chosen to compete in this year's SXSW Pitch Presented by Cyndx (formerly SXSW Accelerator) March 9-10 in Austin, Texas.
SXSW Pitch is a marquee event in its eleventh year at the South by Southwest (SXSW) Conference & Festivals (March 8-17). Cyndx founder and CEO Jim McVeigh will be one of the panel judges for the Entertainment & Content category. Since the inaugural SXSW Pitch, 71% of a total of 453 participants have received funding and 16% have been acquired, resulting in over $5.4 billion of funding for SXSW Pitch alumni.
Finalists are eligible to receive a complimentary one-year subscription to Cyndx Raiser, a software platform that analyzes data from millions of historical funding rounds and investor profiles, and offers a curated, bespoke list of the most relevant investors for a deal.
All SXSW Pitch applicants are eligible to receive a complimentary one-year subscription to Cyndx Owner, a capital table management software product that allows companies to keep track of share issuance, transfers, repurchases or cancellations, and analyze hypothetical financing rounds.
"We're thrilled to offer this impressive group of finalists access to our suite of innovative tools, and look forward to showing them how to use the Cyndx platform to find the investors and funding they need to grow their businesses," said Mr. McVeigh.
This year's finalists were chosen from a record-setting 800+ applications, a 42% jump from last year, and represent the most cutting-edge technologies from around the world.
The 50 interactive technology companies selected to present their pitch and compete in front of a live audience in Austin span 10 categories: Artificial Intelligence, Augmented & Virtual Reality, Blockchain, Enterprise & Smart Data, Entertainment & Content, Health & Wearable, Hyper-Connected Communities, Social & Culture, Sports & Performance Data, and Transportation & Delivery.
Finalists and applicants can click hereto learn how to access their complimentary subscriptions.
Founded in 2013, Cyndx is a financial technology company reimagining how people discover business opportunities. The collaborative result of seasoned investment bankers, data scientists, product teams, and M&A specialists, Cyndx provides secure cloud-based solutions to help companies and financial institutions obtain comprehensive, algorithmically-curated investor information and strategic recommendations to enhance their capital raising and M&A efforts.
Cyndx is powered by AI, deep learning and NLP-driven algorithms that enable companies, advisors and investors to see relationships and emerging investment opportunities.
Cyndx offers three subscription options specific to the end user including: (i) Cyndx Finder, which identifies the most relevant companies within a target area of interest and offers advanced insights into a company's positioning, operations and growth potential; (ii) Cyndx Owner, which streamlines capitalization table management, allowing companies to keep track of any share transferring, repurchasing or cancelling, as well as analyze hypothetical financing rounds; and (iii) Cyndx Raiser, which analyzes data from millions of funding rounds to curate a bespoke list of the most relevant investors for your deal.