The Hatcher+ Top 100 scoring system uses a proprietary model based on data derived from over half a million startups and multiple investment rounds to evaluate startups. Each component of the model assesses a different aspect of a startup’s sector, technology fit, market position, and future potential, providing a numerical score between 400 and 900, with an average score around 650 indicating an average likelihood of success. The system is language agnostic, and specifically designed to reduce biases based on age, location, race, religion, and sector.
Reflecting on their achievement, Eduard Soponar, CEO and Founder, remarked “Being recognized among the Hatcher+ Top 100 Global Startups is a testament to our team’s dedication and innovation. This accolade validates our mission to bridge financial gaps and make decentralized finance accessible to everyone, regardless of their background or location. We are honored by this recognition and motivated to continue pushing the boundaries of what’s possible in the fintech space.”John Sharp, Managing Partner of Hatcher+, congratulated the team, saying “Unlike traditional startup rankings, companies included in the Hatcher+ Top 100 undergo a thorough and independent evaluation process, reflected in their Hatcher+ Score, using a complex algorithm that we have tried to make as unbiased and relevant as possible. It is our hope that this approach will help founders and their companies refine their strategic vision, grow awareness, and raise the capital they deserve.”
The 100 winning startups were announced at midnight Singapore time on June 30, 2024, and their names have been published on the Hatcher+ website at https://hatcher.com/founders and on the Hatcher+ LinkedIn page.
