A Tontongue, startup founded by the Brazilian Eduardo Barbato and based in Australia, was recently named a finalist for the prestigious Australia-Latin America Business Council (ALABC) Business Excellence Awards 2024, in Category C, intended for entities with fewer than 20 employees. The announcement of the winners took place on August 7, during a gala dinner at the Crowne Plaza Hotel, in Melbourne. Although Tontongue did not win the main prize, your nomination highlights the relevance of the company in the competitive global startup landscape
The ALABC Business Excellence Awards is one of the main recognitions for companies operating in Latin America and evaluates rigorous criteria such as strategy, business growth, ESG policies, innovation and commitment to the region. Being among the finalists reflects the success of Tontongue, that has stood out for its performance in an international market with constant expansion and competitiveness
The business is responsible for providing an innovative system aimed at hiring, management and execution of simultaneous translations at events. Pioneering as a "marketplace for interpretations", provides specialized software and a sales team in European countries, what allows the provision of the service in various countries around the world.
The startup scene in Australia has shown significant growth in recent years. According to the Global Startup Ecosystem Report 2023 (GSER 2023), the cities of Sydney and Melbourne are among the top 50 startup ecosystems, attracting a total of USD 14 billion in venture capital funding between 2018 and 2022. This favorable environment allowed Tontongue to establish itself and expand its operations
Eduardo Barbato, CEO of Tontongue, highlighted the importance of recognition: “Being a finalist in the ALABC Business Excellence Awards is an honor for our entire team. This recognition validates our innovation strategy and prominence in a global market, in addition to reinforcing our commitment to excellence. The Brazilian market is our main source of revenue and was very important for us to validate the idea, but, we will continue to explore new opportunities in Australia and beyond
The nomination of Tontongue as a finalist is a significant milestone for Latin American startups seeking success in the international arena. The company continues to strengthen its presence in Australia – known for representing a large part of the corporate events market – and keeps a close eye on new opportunities
