Report by Humayun Kabir from Lisbon Portugal.
Intuitivo CEO João Guimarães received the PITCH trophy on Web Summit’s Centre Stage after winning the final round of judging by Seven Seven Six Founding Partner Katelin Holloway, Race Capital General Partner Edith Yeung, and Coelius Capital Founder Zach Coelius.
The Porto-based startup won in the final against security and AI startup GovGPT and sports tech startup Scoutz, who both hail from the United States. A total of 105 startups competed in group rounds that were held across the three days of the event.
Intuitivo is an all-in-one digital assessment platform, already improving the productivity of more than 35,000 teachers and the education of more than 300,000 students.
“Intuitivo helps teachers become more productive by helping them lose less time with repetitive tasks. We create and automatically grade all types of assessments.” – said co-founder and CEO at Intuitivo.
Telling Web Summit about their PITCH experience, Guimaraes said, “We’re always nervous pitching but it’s a great experience. The fact we even got to the final means we are gaining a lot of awareness. For us to appear in the news is amazing. We’ve met a lot of other co-founders from around the world and some of the amazing judges. Just to be with other people from the ecosystem is the best part of Web Summit. We’re making something that is impactful and that is actually making a change in the world,”
According to Intuitivo, there are 85 million teachers in the world who spend 46 percent of their time teaching and spend 1.5 months of the year creating and grading assessments. Intuitivo saves 40 percent time on grading. The startup is already backed by Techstars CORE Angels Lisbon and Demium to support their growth, accelerating our growth in the $5B assessment software market.
Web Summit sold out at 71,528 attendees from 153 countries with 3,050 companies exhibiting on a sold-out floor with 1,066 investors, 953 speakers, and 2,005 media. Over 44 percent of startups are women-founded, the highest to date. Women also represent 42 percent of attendees and 37 percent of speakers. Partners exhibiting include IBM, Adobe, Meta, Huawei, SAP, DELL, Qualcomm, VISA, American Express, Niantic, Pitchbook, EDP, and KPMG. Thousands of new community meetups are underway, enabling attendees to find new communities in an event that is bigger than ever. 62 trade delegations, representing 36 countries, with the biggest representation from Germany and Brazil.