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New York Startup Simplifi Chosen to Advance to Global Finals in 1776 Challenge Cup Competition

Winner selected from 17 regional startups to advance to Global Finals taking place November 2017

New York City — Today, 1776, in partnership with Revolution, announced Simplifi as the winner of the New York City region in Challenge Cup 2017. Simplifi will advance to the Global Finals taking place in November 2017.

Simplifi is a startup helping people save money and pay off debt faster and more effectively based on personalized data.

The New York City Challenge Cup took place at 1776’s newest campus in the Brooklyn Navy Yard and featured a fireside chat between 1776 CEO Evan Burfield and Axios business editor, Dan Primack, ahead of 17 pitches from startups building business across a range of complex industries.

1776’s Challenge Cup, produced in partnership with Revolution, brings together startups from around the world poised to solve complex challenges in regulated industries and emerging technologies. Over the past four years the program has gone to over 60 cities across six continents; 4,000 startup applicants; and 1,800 pitches globally while deploying over $1 million in capital.

This year, Challenge Cup will take place in 75 cities around the globe, including cities included in Revolution’s Rise of the Rest program as well as over 20 U.S. state capitals. In each of these cities, 1776 partners with a leading local startup program to host a Challenge Cup experience on 1776’s UNION network, a digital platform that connects startup ecosystems around the world.

The program culminates in Challenge Festival, a multi-day event in November 2017. For more information about Challenge Cup, click here.

About 1776
1776 is a public benefit corporation that empowers startup ecosystems around the world to solve complex challenges. To accomplish this, we leverage our digital startup network, UNION; physical campuses in Washington, D.C., New York City, San Francisco and Dubai; a global startup pitch competition, Challenge Cup; and deep staff expertise in regulatory issues. We accelerate connections and outcomes among startups, corporations, and public institutions. For more information, please visit www.1776.vc and follow @1776 on Twitter and @1776vc on Instagram.

CONTACT
Morgan Gress — press@1776.vc — 716.445.1509