Frost & Sullivan and EY honor PACE for growth and innovation

Official press release

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published on
26.10.2017

The former Kickstarter project PACE has grown into a mature partner for  connected cars. The startup just won the coveted Frost & Sullivan Award in  London. At the same time, co-founder Dr. Martin Kern is entering the final  round of the “Entrepreneur Of The Year” award.

It’s been nearly two years since the German startup PACE Telematics managed to gain  the attention of the international press as its product turned into an overnight  Kickstarter sensation; two years, in which L-Bank and renowned business angels  started backing the project as investors with a significant, seven-digit financing.

Starting out as a smartcar solution for end customers, PACE has since then also  developed into a customer-loyalty solution for automobile workshops and insurances.  The PACE founders have now been rewarded for their exceptional work with the “Frost  & Sullivan Best Practices Award 2017” in London. 

The international management consultancy firm Frost & Sullivan honors companies  which make outstanding contributions to progress, growth and technological  innovation in the global market every year.

PACE co-founder Dr. Martin Kern nearly simultaneously accomplished to be selected  as one of the finalists for the “Entrepreneur Of The Year” award.

The “Entrepreneur Of The Year” is one of the world-wide most renowned awards for  entrepreneurs. For over 30 years, EY has been awarding selected entrepreneurs in 60  countries for special achievements. The jury’s evaluation criteria consist of growth,  potential, innovation, leadership and social responsibility.

“We are very happy about reaching the finals. For us as a young startup, it is  something very special, of course,” says Dr. Martin Kern. “Being one of the finalists in  this tradition-rich contest is also a great acknowledgement of the active commitment  and hard work of the whole PACE team during the last years.” 

The award ceremony of the “Entrepreneur Of The Year” with Christian Lindner and  Judith Rakers takes place in Berlin on November 17.