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Incubator/Accelerator
otpstartup.com

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Investments

9

Portfolio Exits

2

Partners & Customers

1

About OTP Startup Program

OTP Startup Program is an intensive three-month program seeking post product/market fit startups and scaleups from all over the world, with the chance to build goal-oriented, business-focused, and mutually beneficial partnerships with OTP Bank, a top tier player of the financial industry in Central and Eastern Europe.

OTP Startup Program Headquarter Location

Deák Ferenc u. 5.

Budapest, 1052,

Hungary

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OTP Startup Program Investments

9 Investments

OTP Startup Program has made 9 investments. Their latest investment was in Evrotrust as part of their Incubator/Accelerator on March 3, 2019.

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OTP Startup Program Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/7/2019

Incubator/Accelerator

Evrotrust

Yes

1

3/7/2019

Incubator/Accelerator

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10

3/7/2019

Incubator/Accelerator

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10

3/7/2019

Incubator/Accelerator

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10

3/7/2019

Incubator/Accelerator

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10

Date

3/7/2019

3/7/2019

3/7/2019

3/7/2019

3/7/2019

Round

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

Evrotrust

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Amount

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

OTP Startup Program Portfolio Exits

2 Portfolio Exits

OTP Startup Program has 2 portfolio exits. Their latest portfolio exit was Alyne on September 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/22/2021

Acquired

4

7/8/2021

Corporate Majority

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10

Date

9/22/2021

7/8/2021

Exit

Acquired

Corporate Majority

Companies

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Valuation

Acquirer

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Sources

4

10

OTP Startup Program Partners & Customers

1 Partners and customers

OTP Startup Program has 1 strategic partners and customers. OTP Startup Program recently partnered with KiwiTech on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/8/2021

Partner

United States

Budapest, Hungary - April 8, 2021. KiwiTech Announces Strategic Partnership With OTP Group's Innovation Hub OTP LAB.

As part of this partnership , KiwiTech , LLC will work in tandem with OTP LAB to accelerate the growth of emerging startups by supporting them on their digital transformation journey .

1

Date

4/8/2021

Type

Partner

Business Partner

Country

United States

News Snippet

Budapest, Hungary - April 8, 2021. KiwiTech Announces Strategic Partnership With OTP Group's Innovation Hub OTP LAB.

As part of this partnership , KiwiTech , LLC will work in tandem with OTP LAB to accelerate the growth of emerging startups by supporting them on their digital transformation journey .

Sources

1

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