MetLife’s Singapore-based innovation center, LumenLab, has announced a short list of 8 finalists for its inaugural tech matchmaking program, Collab.
Collab is an open innovation platform matching startups with the right opportunities within MetLife. The initiative launched in November 2016, aims to provide a platform for innovators to tackle future business needs in the areas of customer engagement, sales process, operations, and new business models.
Collab attracted over 135 applications from 34 countries around the world. Following a rigorous application review process, 8 start-up applicants have been selected to pitch their business ideas to senior MetLife executives at the demo day on 19 May 2017, to be held in Singapore.
«We’re delighted with the overwhelming response to our program from around the world. The caliber and enthusiasm of the start-ups who applied was truly impressive and it was a tough task to select just 8 finalists» said Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia said,
The 8 start-up finalists are:
The final line up showcases an exciting mix of ideas and technological solutions ranging from artificial intelligence (AI), predictive analytics, to wearables for kids.
Six Figure Prize
Over the next 3 months, the finalists will receive tailored mentoring and gain access to training from Oliver Wyman, PwC’s venture hub in Singapore and Velocity (ACP Venture Capital’s accelerator arm) on key topics such as B2B sales, insurance industry idiosyncrasies and fundraising for enterprise startups.
The successful finalist will receive a $100,000 contract to implement a pilot within MetLife.
