Biteable was one of five startups selected from around Australia (and, apparently, South Africa!) to pitch live, on-stage in front of an audience and panel of judges for up to five million dollars in equity funding.
The Big Pitch is an annual competition run by Oxygen Ventures and supported by a number of partners including ANZ, News Corp and Amazon. This year, a team from Oxygen travelled around the country to find their five finalists. Around five startups pitched when they visited Hobart, where they also attended a casual drinks/dinner function hosted by Startup Tasmania.
The final was held at Fed Square in Melbourne, where each finalist delivered a five minute pitch in front of a packed theatre. This was followed by ten minutes of questions from the expert panel of judges, including investors, successful entrepreneurs and business executives.
James MacGregor from Biteable pitched fourth, explaining the technology and team behind the 'world's simplest video maker', and covering their business success so far. The response was electric - questions from the judges focussed around how they could further accelerate their growth, and one commentator on Twitter dubbed Biteable "Canva for video".
At the end of the night, the main prize was taken out by social media marketing analytics platform Social Status, and the People's choice by Fleet, a network of nano-satellites providing cheap communications across the planet. But in our (perhaps slightly biased) eyes, James and the Biteable team were the stars of the show with clearly the best product and the best bet for success.
Well done Biteable, you've done Tasmania proud!