New York, 10th January 2018 – The digital digital stutter therapy Speechagain wins the pitch of the German Startup Night of government-funded German Accelerator program and its price of USD 100,000 credit for Amazon Web Services.
The startup convinced both the investor panel made up of representatives from Differential Ventures, Associate Centana, TotemVC, CSO Roomi and several angel investors as well as the audience which has selected the company as the winner with an absolute majority.
“I really love Speechagain. I thought their cause is really important. I thought Johanna gave a great presentation and it seemed like she was extremely well coached at what they try to accomplish”, emphasized Nick Adams, Managing Partner and Co-Founder of Differential Ventures.
The German Accelerator is a growth acceleration program of the Federal Ministry for Economic Affairs and Energy (BMWi) that supports German startups in the fields of information and communication technology as well as life sciences to enter the US market.
In the tech division of German Accelerator the most promising and innovative startups from the German digital and high-tech industry get access to extensive mentoring and coaching programs. Furthermore, it assists them in their pursuit of becoming category leaders with lasting competitiveness and success in the global marketplace.
“The German Accelerator has been extremely happy to support Speechagain, as they begin their expansion into the U.S. market. The Speechagain product exemplifies the top-notch engineering that Germany is known for and we feel that with market awareness will come great success in the U.S. We are excited to see what Speechagain will accomplish in 2018” emphasized Teddy Goldstein, Head of Operations New York of German Accelerator.
Speechagain is a cloud-based digital stutter therapy that treats stutterers with artificial intelligence and speech recognition analysis based on the highest scientific standards of the S3 guidelines. The therapy’s scientific foundation was established by Dr. Alexander Wolff von Gudenberg with his hybrid therapy at the Kasseler Stottertherapie institute. Since its founding in 1996 the precursors of Speechagain as part of the Kasseler Stottertherapie could successfully treat more than 3,000 stutterers. The long-term success rate amounts to more than 75% and thereby Kassel earned its reputation as Europe’s leading institute for stutter therapy.
Speechagain was developed together with Dr. Wolff von Gudenberg and his team as well as the Berlin-based company builder Digital Health Factory around Dr. med. Hartwig Jaeger and Dr. med Peter Langkafel. The Digital Health Factory founds and identifies medically advisable and technically feasible innovations focusing on the digitization of the healthcare industry. “I am very proud that we have won the Best Pitch Award in New York City and I am looking forward to our US market entry in 2018. With Speechagain we can help many more people who stutter and train them individually with our speech recognition software”, as Head of Product Johanna Joch points out.