Locish leading the charge of Greece's startup revival
Greece hasn't had the easiest time in recent years, but a new wave of startups is pitching in to get the country's economy back on its feet. Back in 2012, Greece had just 65 registered enterprising Davids to its name, but the tables have turned and that number more than doubled to 144 in 2013. One such company steering a course to success, and hopefully taking Greece with it, is innovative travel app Locish.
Founded in February 2013 by Alex Christodoulou and Grigoris Zontanos, Locish gives real-time recommendations from local experts to people looking for places to eat, drink and socialise. It's essentially like having a tour guide in your back pocket.
And the Greek startup ecosystem is certainly playing in its favour; the startup has recently secured a cash boost of $820k to support its future growth, with the money earmarked to improve the recommendations and overall UX of the exciting app. Potential Goliath dance partners will surely be impressed by how speedily it's expanded; in just over a year, Locish has rolled out its services to Athens, New York and San Francisco.
Other Greek startups are now following its lead and, encouragingly, it's not just an Athens-centric recovery. There's Incrediblue, an award-winning boat rental service from Volos, and bike sharing system EasyBike, which is making tracks in Thessalonika. Ioannina, on the other hand, is home to tech company, QReca, which offers a simple mobile app development platform.
With so many fledgling businesses flourishing across the country, big corporates and investors alike would be wise to keep an eye on the Greek startup ecosystem.