After winning the national round of pitch competition Get in the Ring as part of Global Entrepreneurship Week in Kansas City, hometown company EyeVerify has taken the trophy as the international champion of the contest.
EyeVerify has created a biometrics security system for mobile phones that provides secure authentication using eye blood vessels. The company competed in Rotterdam against seven startups from around the globe for an opportunity to take home more than $1 million in angel financing. The amount of financing is dependent on negotiations with investors.
“It’s hard to know what the judges were thinking, but my opinion is that the problem that we solve — the pain of passwords — is a problem that almost every person feels,” Chris Barnett, EyeVerify’s executive vice president of global sales and marketing, said. “Getting this level of exposure, this endorsement, really helps us. It’s not awareness versus non-awareness — it helps with credibility.”