Amazon Web Services (AWS) has selected 51 companies to participate in the first cohort of the AWS B2B SaaS Accelerator.
The cohort includes early stage UKI-based B2B SaaS startups in cybersecurity, AI, big data, healthcare and life sciences, climatetech, ecommerce and financial services industries.
Companies selected for the cohort include:
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- &facts – a company that uses AI-driven insights to uncover new opportunities and help brands sell the right products at the right time using billions of consumer signals.
- CleverChain – an anti-money laundering (AML) platform that leverages niche financial crime domain expertise, intelligent automation, and ML to perform AML controls accurately, efficiently, and compliantly.
- Gaston – a company that instantly connects consumers’ dietary requirements with food choices around them using AI-driven software solutions.
- Unbanx – a FinTech that helps people unlock rewards by sharing their spending data in a secure and anonymous way with leading brands.
The full list of participants has been listed here.
The global SaaS market is estimated to have reached $195bn by the end of last year and is expected to continue to experience exponential growth, achieving market volume of $17.39bn by 2027. The AWS B2B SaaS Accelerator works to boost the growth of B2B SaaS businesses by offering startups access to the latest cloud technologies.
Participants will benefit from a four-week program that provides access to AWS technical expertise and credits, mentorship, training, connections and business guidance to build innovative, successful companies in the cloud.
Kellen O’Connor, EMEA managing director, Startups at AWS said: “B2B SaaS startups are helping companies across the UK and Ireland to integrate best-in-class features to their products and drive innovation while benefiting from the agility and cost management of using the cloud. At AWS, we believe that cloud is democratizing access to technology. Our accelerator gives early stage entrepreneurs access to AWS experts and technology, with hands on guidance for building, marketing and selling their products to the enterprise, mid-market and SMB customer bases.”
Sohaib Ahmed, founder and CEO, &facts said: “AWS has been foundational to the success of &facts. As a data-heavy market insights platform, what we were building was more technically complex than most other B2B SaaS, but AWS gave us access to all the key infrastructure from day one. We’ve been able to test, deploy and iterate quicker as well as efficiently upgrade our infrastructure as requirements increased.
“AWS has been a true partner with regular check-ins and recently supported with a detailed review of our infrastructure over a number of workshops with considerations to our growth plans for the next 18-24 months.”
