Agiboo was chosen as a 2016 Red Herring Top 100 Europe Winner

April 13, 2016, Amsterdam, Netherlands – Red Herring announced its Red Herring Europe award winners this evening at the Top 100 forum, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.

Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Alibaba, Facebook, Google, Kakao, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work. Thousands of the companies most interesting and innovative companies have graced the Top 100 list over the years.

“In 2016, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Agiboo embodies the vision, drive and innovation that define a successful entrepreneurial venture. Agiboo should be proud of its accomplishment, as the competition was very strong.”

“We are honored to be a winner in the Red Herring Top 100 Europe 2016 ” said Bart Kroon, CEO of Agiboo. “We believe we are developing and marketing unique innovative software to the commodity industries and experience that the Agiblocks commodity trade and risk management software delivers real strategic value to our customers and users. The unique Agiblocks technology enables AGIBOO to offer Agiblocks CTRM under Software as a Service (SaaS) arrangements to smaller and mid-sized commodity companies. The Agiblocks technology has the potential to facilitate game changing scenarios for commodity companies and will impact the current business models of commodity trade and risk management software vendors. We consider the selection the Red Herring Top 100 Europe 2016 a great motivation for the AGIBOO team and a strong confirmation of our strategy.”

Assessing the companies

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.

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