Armenian Inapptics participates in Estonian Startup Wise Guys accelerator program

Armenian Inapptics, which developed an Artificial Intelligence-powered analytics platform for mobile apps, is among 11 startups to participate in Estonian Startup Wise Guys accelerator program.  

Inapptics helps app creators increase the profitability and efficiency of their apps through advanced analysis of user behavior mixed with proactive insights.

We talked to Co-founder of Inapptics Tigran Hakobyan on their participation in the Estonian accelerator program.

- Inapptics is the first Armenian startup to participate in Startup Wise Guys accelerator program. How were you involved in the Top 11?

-We were searching suitable acceleration programs in Europe or USA, which would help us both attract investments and share their experience, knowledge and connections.

Soon we found out that Startup Wise Guys, leading B2B startup accelerator in Europe, offered the most convenient program for us. We inquired founders of other startups, which had already participated in the program. Having received positive review, we decided to apply. We passed several stages to get among 25 startups and then only Top 11.

More than 250 teams from around the world applied for this program.    

- What are your expectations from Startup Wise Guys program?

- This acceleration program will provide us with the necessary resources and experience to enter international markets and grow further. Different thematic discussions, trainings and meeting with mentors within the frames of the program will become an invaluable experience for us.

Startup Wise Guys will also provide us with all connections, which will help us sell our product, find new partners and receive new financing.

- In your view, to which extend can Estonian tech ecosystem be interesting for Armenian startups?

- I would like to note with regret and envy that Estonian ecosystem is incomparably more developed, than the Armenian. Everything is more dynamic there, without any lack of opportunities. The same can be applied to mentors and investors. There are a lot of experienced mentors and investors, ready to share their knowledge and experience, as well as make investments in companies with potential.  Of course, market in Estonia is also small, which has certain advantages; for example, startups think about entering global markets from the very first day.

I definitely advise other Armenian startups to express interest in Estonian tech ecosystem by applying for the current acceleration programs.

- Have you decided when the final version of Inapptics will be launched?

- We are working on it now and going to introduce our complete product in April.

Narine Daneghyan talked to Tigran Hakobyan