Attentive has been in Beta-i’s ecosystem for a long time – they were winners of the Fall Edition of Lisbon Challenge in 2015. Since then, they have grown their company and took advantage of Beta-i’s network and events – just like Lisbon Investment Summit.
ReThink: What first attracted you to attend Lisbon Investment Summit the first time around?
Daniel Araújo: We were part of the Beta-i community even before the first edition of the Lisbon Investment Summit, so when we heard about it we were very excited about having an informal gathering of many of the key European investors interacting with early-stage Portuguese startups. Since that first edition, Beta-i always brought a nice element of surprise, in the content and in the venues, that kept the event’s unique positioning untouched.
RT: What did you enjoy more in your experience at LIS?
DA: I’d highlight the vibe that you feel among all the attendees – positive, open, constructive. There’s always a lot to talk about around the content of the panels, and the event feels designed to leave some room for casual interactions. This makes it incredibly fruitful. Did I mention that everyone seems to be having a great time? 🙂
RT: How did your attendance at LIS impact your business?
DA: Every year, participating in LIS allows us to strengthen and reinforce our connections to the ecosystem, especially around investors. We’ve got several investors that we meet only at LIS, despite us participating in other events across Europe and the US. We also got to meet many partners of the Portuguese ecosystem, which have supported us in so many different ways over the years. I get asked many times by early-stage founders how to kickstart their network, and my invariable answer is: go to the Lisbon Investment Summit – network and absorb the great content.
RT: You recently announced your latest investment round of $1.2M, led by Mangrove Capital and Indico Capital Partners. Did Beta-i or LIS help you get in touch with your investors, or in some other way?
DA: Beta-i and LIS are intrinsically linked to our company’s first steps, so they played – actually, they still play today – a very important role in our development and growth. Not only did the event kickstart our network when we were starting, but we also refined and tuned our pitch, improved the way we communicate our vision and contributed to us getting access to TechStars. After meeting several dozens of investors, Mangrove, Indico and we were incredibly aligned on our vision for what Attentive can become. Moreover, they have an incredible track record, which will surely help us as we grow.
RT: Why do you think Portuguese startups are so relevant and able to attract foreign investment?
DA: There’s a very combination of benefits that Portuguese startups can and should take advantage of, several of them have been shown repeatedly at #LIS: English-speaking, global ambitions, strong universities, and talent. In the last few years, as investors started to come for LIS and the Web Summit, they have built a local trust network that gives them the confidence in our talent. I’m pretty sure that will only increase over the next editions of LIS!