Smiling man wearing a suit and tie holding a trophy with the logo INSI's Director of Corporate Venture Capital, Marcio Flôres, during the awards ceremony
INSI once again stands out as one of the leading open innovation companies in Brazil. The company won 2nd place in the technology category in the 100 Open Corps Ranking.
The awards ceremony is organized by 100 Open Startups, a pioneering and leading open innovation platform in Latin America. The event took place on October 17th at the Copacabana Palace in Rio de Janeiro and brought together the biggest players in the Brazilian innovation ecosystem.
This is the third consecutive year that INSI has been ranked in the Top 5 in the technology category, reaffirming our evolutionary trajectory and commitment to open innovation. Furthermore, we were recognized in the Open Corps Middle Market category, achieving 6th place, which recognizes corporations with annual revenue between US$20 million and US$200 million.
INSI Ventures: Boosting the Open Innovation Ecosystem
The TOP 100 Open Corps Ranking recognizes INSI's initiatives in the innovation ecosystem, one of the central pillars of its business strategy. Among the initiatives that have contributed to the company's prominence in the open innovation landscape is its collaboration with INSI Ventures. INSI's corporate venture capital efforts go beyond financial investment. Through INSI Ventures, we strengthen the startup ecosystem with initiatives that offer capital, expertise, and a direct connection to the market.
One of the most impactful initiatives is Bring Your SaaS, a challenge that has already had four editions and aims to identify startups with high growth potential. The challenge has already had more than 300 participating companies and received R$10 million in investments from INSI Ventures.
Another example of our commitment to innovation is The Next Gen, a competition focused on women-led startups. The program promotes female inclusion in the technology ecosystem by offering mentoring, market connections, and investment opportunities. This initiative is part of our #WomenInTech initiative and reinforces our support for female entrepreneurship.
Through INSI Ventures, INSI not only invests in startups but also integrates the solutions developed through these challenges directly into the company's portfolio. Using the emerging and disruptive technologies brought to the table by the selected startups, INSI develops innovative solutions that expand its digital transformation offerings. This synergy between startups and INSI enables the creation of products that meet market demands and drive our clients' digital transformation.
"Open Innovation, along with CVC and Venture Building, constitute the pillars of INSI Ventures. Connecting our clients to the innovation ecosystem through our services and creating new digital offerings based on products from our investees is strategic for INSI," emphasizes Marcio Flôres, Director of Corporate Venture Capital at INSI. ### Awards for Invested Startups In addition to INSI, startups invested in by INSI Ventures were also recognized in the 100 Open Startups Ranking:
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Workhub - 2nd place in HRtechs
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Dialog - 2nd place in HRtechs Scale Up
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4MDG - 4th place in Productivity
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Netrin - 5th place in Big Data
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Eva - 10th in Recruitment and Human Resources
“Seeing the startups in our portfolio being awarded in the 100 Open Startups Ranking is a testament to the positive impact our investment strategy has on the innovation ecosystem. These achievements demonstrate not only the potential of these companies, but also the strength of the partnerships we have established to drive emerging technology solutions,” adds Marcio Flôres.
We're proud of the impact of these partnerships and the growth we've driven for the innovation ecosystem. INSI remains steadfast in its mission to drive digital transformation through collaboration with innovative startups, always seeking solutions that transform the future of technology.