A Canadian startup walked away with the Investor's Choice Award earlier today at the Locations & Beyond Summit 2011 in San Francisco. But that shouldn't come as much of a surprise as all eyes have been on the startup since Robert Scoble called it the best app at SXSW this year.
Montreal-born Localmind pitched to an invitation-only audience of location industry-insiders. Each company was given five minutes on stage to present how their connected location solution will truly impact the market.
A panel of investors selected the top winner for the Investor's Choice Award and Localmind picked up the trophy.
Localmind is an iPhone app that uses geolocation to answer questions you have about a location. Ask Localmind a question, and the app finds another user at the location you need info about, and delivers the question to them. For example, you could ask if there is a wait for a restaurant you want to visit, or you could find out if a product is available at a store, and get a response from a living, breathing human being.
Localmind was co-founded by CEO Lenny Rachitsky and CTO Beau Haugh. They raised $600K in angel funding led by Granite Ventures with Real Ventures and iNovia Capital participating in July 2011. Prior to that they securing $50K from accelerator Year One Labs in November 2010.