Emerging Technology Trends: 2017 Intern Presentation
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Transcript of Emerging Technology Trends: 2017 Intern Presentation
EMERGING TECHNOLOGY TRENDSSummer 2017 Final Internship Presentation by Alyce Ge, Jimmy Xue,
Kristen Tilley
The technology market intelligence platform.
CB Insights software lets you predict, discuss, and
communicate emerging technology trends using data in ways that are beyond human cognition.
www.cbinsights.com 2
www.cbinsights.com 3See what other customers have to say at http://www.cbinsights.com/customer-love
The most publicly reference-able customers of anyone in the industry
A FEW OF OUR HAPPY CUSTOMERS
Kate Barrett
Director, New Enterprise Associates
“With CB Insights we can quickly and reliably aggregate data across the investing landscape, from sector trends to financing activity. The intuitive user interface and robust set of features have made it a go-to resource for our team, and the customer support is second to none...”
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Emerging trends in real estate tech
New tech tools for retailers
Emerging use cases for drones
Emerging trends in blockchain
Emerging use cases for AI
Early-stage healthcare technologies
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TABLE OF CONTENTS
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1/ Real Estate Tech
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Real Estate Trend #1: Blockchain revolutionizing real estate transactions
NEW PLATFORMS WILL FUNDAMENTALLY CHANGE REAL ESTATE TRANSACTIONS
David Walker
CEO & Co-founder, Triplemint
www.cbinsights.com 7Source: Bloomberg
“I think we’ll see more of the actual real estate transaction become more platform-based, as email is still the default technology today, and that creates significant inefficiencies for the consumer.”
BLOCKCHAIN: ENABLING THE FUTURE OF REAL ESTATE TRANSACTIONS
www.cbinsights.com 8
Expediting the process: By utilizing a blockchain distributed database to prove authenticity, ownership can be transferred immediately without time spent on third-party verification.
Reducing Fraud: “Digital ownership certificates” in blockchain could effectively eliminate forged ownership documents and false listings.
Increasing transparency: Houses could be assigned digital identities with a chain of ownership and a list of repair and renovation projects.
Factom is a
blockchain-as-a-service tech company that
secures data including real estate data and property
titles.
REAL ESTATE TRANSACTION PLATFORMS UTILIZING BLOCKCHAIN
www.cbinsights.com 9
Disclosed Funding: $4.5M
Select Investors: Undisclosed Investors
Disclosed Funding: N/A
Select Investors: N/A
Disclosed Funding: $1.7M
Select Investors: Cherubic Ventures, Digital Currency Group
Disclosed Funding: $10.9M
Select Investors: Harvest Partners, Peeli Ventures
Antshares
Blockchain allows users to digitize assets and is
aiming to service real estate titles.
FundPlaces is a real
estate investment platform that utilizes blockchain to digitize
investments.
Bitmark is a
blockchain startup enabling issuance of property titles for
digital assets.
FINTECH UNICORN
LOOKING TO REVOLUTIONIZE TITLE INSURANCE PROCESS
While the current
mortgage process involves hiring a third party to search through
documents for liens on the property, SoFiproposes that paper
records be moved to the blockchain, where a transaction log is
securely stored on a distributed ledger.
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Real Estate Trend #2: UK to be the next real estate tech hotspot
ROOM FOR GROWTH IN UK REAL ESTATE TECH MARKET
Alex Gosling
CEO, HouseSimple
www.cbinsights.com 12Source: Bloomberg
“As more people feel comfortable with the online model, we expect online agents to grab a bigger slice of the UK estate agency market. Currently, online estate agents have around 5% market share. We believe this will increase to 15%–20% by 2020.”
LONDON SEES HIGHEST
PERCENTAGE OF EARLY-STAGE REAL ESTATE TECH DEALS
Among the top 5 major
cities with the highest number of early-stage real estate tech deals,
London holds the top spot for highest percentage of early-stage
deal share.
In overall deals, London is currently situated in third behind San
Francisco and New York.
www.cbinsights.com 13
CONSISTENT WITH ITS
CAPITAL, THE UK LEADS WITH HIGHEST PERCENTAGE OF
EARLY-STAGE DEALS
Among the top 5
countries with the most real estate tech deals over the period, the UK
leads with 63% early-stage deal share.
The UK is currently second to the US in total
number of real etate tech deals, followed by India, China, and Germany in
that order.
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Trend #3: Innovative new ways to determine real estate value
DATA-DRIVEN STARTUPS ARE DEVELOPING NEW WAYS TO MEASURE THE QUALITY OF REAL ESTATE
Ori Allon
Executive Chairman & Co-founder, Compass
www.cbinsights.com 16Source: Bloomberg
“Right now, when you want to buy a place, it’s very hard to really understand the value. Our systems…are able to help us build a more holistic picture of any given property to inform the real estate transaction.”
NEW WAYS TO EVALUATE REAL ESTATE
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Solen has developed an
application that can measure and certify the brightness of a property for
sale.
Disclosed Funding: 870K
Select Investors: 500 Startups, BDC Venture Capital
Disclosed Funding: $540K
Select Investors: AngelSquare, BPI France, Paris&Co
Disclosed Funding: N/A
Select Investors: Paris&Co
Local Logic uses a
combination of geospatial and user generates usage data to quantify the quality
of location.
Bon de Visite offers a
scoring algorithm for properties according to environmental criteria,
proximity, and quality of life.
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2/ Retail Tech
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Retail Tech Trend #1: Indoor navigation
SPIKE IN MEDIA
MENTIONS OF INDOOR NAVIGATION SIGNALS INTEREST
A recent NYT article
advised against using navigation apps in stores or malls since “most
mapping apps are not yet designed for indoor spaces and are thus
inaccurate for location sharing.”
Clearly, indoor navigation is not the norm, but
some startups have set out to change that.
www.cbinsights.com 20Sources: FoodDive, Telegraph, Fortune, FoodIngredientsFirst, Forbes
MEDIA DISCUSSION OF INDOOR NAVIGATION OVER TIME
STRONG FUNDING TO
INDOOR NAVIGATION STARTUPS SO FAR THIS YEAR
The segment remains
small, but startups are aiming to provide in-store navigation solutions to
retailers in the near future.
The startups shown at left have all raised either
Seed/Angel or Series A funding in 2017.
www.cbinsights.com 21
SELECT EARLY-STAGE INDOOR NAVIGATION STARTUPS
Focus: Offering indoor GPS
service
Disclosed Funding: $130K
Select Investors: Metro
Accelerator
Focus: Developing indoor
location and navigation solutions
Disclosed Funding: $1.18M
Select Investors: Fast
Forward, Radomír Čech
Focus: Shopping cart
solutions/navigation capability
Disclosed Funding: $1.45M
Select Investors: Jarkko
Veijalainen, Marko Sjoman
Focus: Navigation, visitor flows, and
Wi-Fi for shopping & retail centers
Disclosed Funding: $1.39M
Select Investors: Camp Jarl
Focus: Indoor location mapping
and services platform
Disclosed Funding: $500K
Select Investors: XRC Labs
www.cbinsights.com 22
Retail Tech Trend #2: Using advanced sensing and AI to profile and track customers
STARTUPS WILL HELP RETAILERS LEVERAGE CUSTOMER DATA TO STAY COMPETITIVE
Allan HaimsCEO, StepsAway
www.cbinsights.com 23Source: Bloomberg
“Brick-and-mortar retailers have the opportunity to learn about their consumers in much the same way [as online retailers] by leveraging technology and providing an even greater shopping experience for their customers than online retailers such as Amazon.”
PROVIDING INSIGHT INTO
CUSTOMER (AND NON-
CUSTOMER)
DEMOGRAPHICS FOR ADS
Cosmose is able to
capture each customers’ anonymous phone ID by taking advaapplications
ntage of with location permissions when they enter and pass by certain
areas of the store.
Retailers can later target specific demographics based on the
accumulated data for their marketing campaigns.
www.cbinsights.com 24
PROFILING
CUSTOMERS BASED ON FOOTWEAR
Startups like Hoxton
provide another source of valuable data for retailers. Hoxton’s foot
traffic surveillance system can count and profile visitors without
collecting personal data or causing the kind of privacy concerns that
arise with facial recognition cameras.
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RESPONDING TO
CUSTOMERS IN REAL TIME
The Advertima Engine is
able to detect people’s age, gender, mood, behavior, and even
fashion sense.
The company brands itself as an “experience management system”
that combines both big data and machine learning to create tailor
experiences for customers.
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Retail Tech Trend #3: Fully Automated Stores
RIGHT NOW, THINGS ONLY RUN SMOOTHLY WHEN THERE ARE JUST A FEW
CUSTOMERS IN THE STORE OR IF THEY'RE MOVING SLOWLY
March 27, 2017
AMAZON GO FACES MAJOR SETBACKS
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BINGOBOX USES MUCH
OF THE SAME TECH AS AMAZON, BUT FOR DIFFERENT PURPOSES
While customers must
scan items and pay at a counter, cameras and sensor check to make
sure all items leaving the store have been paid for, and cameras throughout
the store use facial recognition to verify that users are registered with
BingoBox and authorized to be in the store.
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UNMANNED STORE
PLANS TO EXPAND AFTER MOST RECENT FUNDING ROUND
F5 Future stores provide
customers with hot food and beverages, along with everyday essentials,
without the need for any human interaction.
The company raised $4.4M in Series A in June
2017 in a round led by Sinovation Ventures and is aiming to open 30-60
new stores within the next 6 months.
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3/ DRONES
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Drones Trend #1: Underwater Monitoring
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UNDERWATER DRONES DEFINED
UNDERWATER DRONES
Includes: autonomously or remotely operated vehicles that collect and analyze data about the environment underwater. Drones could operate at the surface or underwater.
Excludes: autonomously or remotely operated flying vehicles that monitor water surfaces or land
Sources: Inc, Navy Times, Hellenic Shipping News, Wired, Los Angeles Times
UNDERWATER DRONES TAKING OFF
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www.cbinsights.com 35Source: Wikimedia Commons
Data collected from
underwater drones can be used by academia, logistics industry,
governmental entities, and defense organizations.
Drones themselves can
be used by consumers, defense organizations, private industry, and the
public sector.
UNDERWATER DRONES
HAVE MANY APPLICATIONS
Defense applications
Environmental assessment
Oil and gas inspection
Infrastructure monitoring
Recreational use
Law enforcement
Research data gathering
Aquaculture surveillance
SHIPPING GIANTS LOOK TO DRONES AS SOLUTIONS
Markus Kuhn
Supply Chain Management, Maersk
www.cbinsights.com 36Source: Maersk
“Drones can make savings in both costs and
time. There are high costs for on-board delivery
of small parcels, filled with urgent spare parts or
mail, because of the need for a barge.”
UNDERWATER DRONE COMPANIES
www.cbinsights.com 37Source: Abyss Solutions, Seadrone, Wired
CompanyTotal Disclosed
FundingLast Round Description
$1.04M$1M
(May 9, 2017 // Unattributed)
Abyss Solutions uses remotely operated, semi-autonomous underwater vehicles with sensors to monitor and inspect underwater assets and build 3D models. The company has worked with Australian municipal governments and the Sydney Water Corporation.
$130K$130K
(Nov 6, 2015 // Seed)
Seadrone (fka Orobotix) builds programmable, modular underwater vehicles with a full suite of sensors for underwater inspection. Drones cost several thousand dollars.
$16.5M$14M
(Sep 5, 2016 // Series A)
Saildrone builds fleets of sailing drones with sensors for ocean datagathering, fish stock analysis, and environmental monitoring. According to the company, Saildrone earns $2,500 a day for providing ocean data.
RECENT UNDERWATER DRONE EXITS
www.cbinsights.com 38Source: Aquabotix, Liquid Robotics
Aquabotix makes small underwater and hybrid drones
as well as underwater cameras for defense
applications, environmental assessment, oil and gas
inspection, infrastructure monitoring, aquaculture
monitoring, law enforcement, gathering data for
research, and recreational uses.
Headquarters: Sydney, Australia
Total disclosed funding: $2.09M
Exit: $5.5M IPO on Apr 20, 2017
Liquid Robotics builds a surface vehicle with
an underwater adjustable, modular
architecture for defense applications,
maritime surveillance, environmental
assessment, and oil and gas inspection.
Headquarters: Sunnyvale, California
Total disclosed funding: $82.1M
Exit: Acquired by Boeing on Dec 7, 2016
Startups have passed the proof-of-concept stage building underwater drones for various industries.
www.cbinsights.com 39
Drones Trend #2: Medical Delivery
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MEDICAL DELIVERY DEFINED
MEDICAL DELIVERY
Definition: delivery of medical specimen, medical equipment, pharmaceuticals
Includes: delivery of biohazardous waste, cell samples, tissue samples, blood samples, transplant organs, drugs, defibrillators, intravenous fluid bags, etc.
Sources: Mayo Clinic, JAMA, MIT Technology Review, Gizmodo, JEMS
MEDICAL DRONES POISED TO TAKE OFF
June 10, 2017
INFLUENTIAL SOURCES ADVOCATING MEDICAL DRONES
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MEDICAL DELIVERY IS COMPLICATED
www.cbinsights.com 42Source: Mayo Clinic, University of Pennsylvania, JAMA
Many regulations: Transporting medical goods in the US are subject to
regulations from one or more of the following the agencies: ICAA,
IATA, DOT, CDC, TSA, FDA, OSHA, FAA
Temperature sensitivity: Specimens being transported for medical
testing or transplants need to be kept cool to ensure tissue survival.
Strict procedures: Biohazard disposal requires thoroughly following
procedures to sort and process different types of waste.
Time sensitivity: The Journal of American Medical Association recently
published an article stating that time to defibrillation is the most
important factor for increasing survival in out-of-hospital cardiac
arrest
Regulatory, logistical, and administrative needs of medical specimen and equipment make
transporting difficult.
MEDICAL TREATMENT IN ISOLATED REGIONS IS DIFFICULT TO ACCESS
Keller Rinaudo
Founder, CEO, Zipline
www.cbinsights.com 43Source: The Verge
"When you look at rural or isolated communities,
particularly Native American populations, populations
that live on islands, you have serious health outcome
inequalities. There’s a linear relationship between how
far away you live from a city and your expected lifespan.
So our hope is that this type of technology can solve
those kinds of inequalities."
Startups developing aerial drones are partnering with corporations, governments, and universities to help deliver small medical devices, emergency medical supplies, drugs, and biohazard materials.
MEDICAL DELIVERY DRONE PARTNERSHIPS
www.cbinsights.com 44Sources: TechCrunch, Business Insider, EHang
Company Total Disclosed Funding Last Round Medical Application
$47.2M$25M
(Nov 10, 2016 // Series B)
Zipline builds a small unmanned aerial vehicle to deliver blood and medical supplies from distribution centers to 21 hospitals in Rwanda.
$11.5M$9.48M
(Aug 5, 2016 // Series A)Matternet partnered with Swiss Post to transport biohazard materials in Lugano, Switzerland.
$19.9M$16.6M
(Jan 18, 2017 // Series A)
Flirtey partnered with Johns Hopkins University to test delivery of medical supplies in New Jersey. These drones are being tested for delivering medical supplies to victims of natural disaster.
$52.9M$42M
(Aug 24, 2016 // Series B)Ehang partnered with Lung Biotechnology in May 2016 to automate organ transplant delivery.
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4/ BLOCKCHAIN
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BLOCKCHAIN DEFINED
BLOCKCHAIN
Definition: cryptographically secured distributed digital ledgers, where transactions are recorded chronologically and publicly.
Includes: companies funded by centralized organizations. Companies may have an associated token sale, but are not solely funded by tokens.
Excludes: companies issuing initial coin offerings (ICOs) for funding or funded by decentralized entities
www.cbinsights.com 47
Blockchain Trend #1: Distributed Data Storage
INCREASING DATA
COMPLEXITY NEEDS A NEW SOLUTION
The boom in unstructured
data means previous storage methods may not be sufficient.
Data needs to be
processed in real-time, so centralized processing creates latency.
Verifiability and
immutability of the blockchain can help satisfy increasing need
for data security
www.cbinsights.com 48Source: 3Pillar Global, a16z
Startups that use any blockchain to verify data transactions, store data, or provide a marketplace for data storage.
DISTRIBUTED DATA STORAGE COMPANIES
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CompanyMosaic Score
(max 1000)Total Disclosed
FundingLast Round Description
590 $5.05M$3M
(Feb 23, 2017 // Seed)
Storj provides an encrypted and distributed data storage solution. The STORJ token is used for providing a marketplace for distributed storage.
350 $30K$30K
(Jul 8, 2016 // Seed)Minebox stores users’ data in a box that connects to a cloud network powered and secured by a blockchain.
750 $3.73M$3.73M
(May 23, 2016 // Undisclosed)
Protocol Labs provides decentralized protocols for several applications. Among its projects includes Filecoin, a token to create a marketplace-based distributed storage system.
HOW DOES IT WORK?
Files are encrypted and
transformed into 8-32MB
shards and stored onto
miners’ hard drives.
Data shards form into
individual hash challenges,
creating Merkle Trees.
Merkle roots are recorded on
the blockchain (Proof-of-
Storage). Merkle trees are
then stored on miners’ hard
drives without leaves.
Retrieving data requires the
right combination of
information across all
hashes.
www.cbinsights.com 50Source: Storj
HOW DOES MINEBOX
WORK?
Partnered with Hewlett
Packard Enterprise to build 8 or 16 TB physical boxes. Boxes run on
Linux.
All data is backed up on the blockchain.
Earn Bitcoin or Siacoin for renting out excess space
on Mineboxes.
www.cbinsights.com 51Source: Minebox
HOW DOES FILECOIN
WORK?
Miners maintain a public
blockchain for verifying transactions.
Filecoin storage marketplace allows users
who give up storage space to receive tokens.
Token sale beginning Aug 7, 2017.
www.cbinsights.com 52Source: Filecoin
www.cbinsights.com 53
Blockchain Trend #2: Supply Chain
TRANSPARENCY OF THE BLOCKCHAIN USEFUL FOR SUPPLY CHAIN CONTEXT
Michael Casey
Senior Advisor, Blockchain Research at MIT Media Lab
www.cbinsights.com 54Source: Harvard Business Review
“A fundamental advantage of this distributed system… is that
it resolves problems of disclosure and accountability between
individuals and institutions whose interests aren’t necessarily
aligned. Mutually important data can be updated in real time,
removing the need for laborious, error-prone reconciliation
with each other’s internal records. It gives each member of the
network far greater and timelier visibility of the total activity.”
Startups that track physical goods throughout the supply chain and store data on the blockchain, allowing purchasers, sellers, and transporters greater visibility into products.
SUPPLY CHAIN TRANSPARENCY COMPANIES
www.cbinsights.com 55
CompanyMosaic Score
(max 1000)Total Disclosed
FundingLast Round Description
730 $2.5M$2.5M
(Feb 3, 2017 // Angel)
Arc-Net tracks, authenticates, and validates perishable foods from production to consumption, minimizing the risk of fraudulent or tainted food.
620 $4.83MUndisclosed
(Mar 22, 2017 // Incubator)
Chronicled uses sensors that track a product’s origin and full history securely via blockchain. The product is being used for perishable foods, leather goods, automobiles, pharmaceuticals, license plates, secure servers, among others.
810 $800K$800K
(Jul 11, 2017 // Seed)
Provenance allows companies to track the origins of products, bringing transparency to products for eco-friendly consumers.
360 $30K$30K
(Jul 8, 2016 // Incubator)Modum uses sensors and blockchain to track real-time movement of ingredients for drugs to ensure safety.
ARC-NET CREATES A
STANDARDIZED SYSTEM FOR FOOD TRACKING
Arc-Net currently tracks
animal DNA and animal products using the blockchain.
Food information is
provided to consumer using a QR code.
www.cbinsights.com 56Source: Arc-Net
CHRONICLED PROVIDES
REAL-TIME VISIBILITY
Chronicled uses NFC- and
iBeacon-enabled temperature loggers, crypto seals, and identity
chips to monitor products.
Information is stored on blockchains and is
accessible via the Chronicled app.
The Chronicled API allows integration with existing
IT systems.
www.cbinsights.com 57Source: Chronicled
PROVENANCE
PROVIDES TRANSPARENCY FOR CONSUMERS
Provenance allows
consumers to track the nature, quality, quantity, and ownership of goods.
Key attributes can be read and linked from pre-existing datasets.
The company has
completed projects for tracking produce, coffee, cotton, fashion, and
various food types.
www.cbinsights.com 58Source: Provenance
MODUM SIMPLIFIES
GOOD DISTRIBUTION PRACTICE COMPLIANCE
Modum uses sensors
collect raw data for ingredients in the pharma supply chain. This raw
data is stored on the blockchain, as are smart contracts. Modum
provides a dashboard and analytics for the raw data.
The company uses a per shipment service model.
www.cbinsights.com 59Source: Chronicled
www.cbinsights.com 60
5/ ARTIFICIAL INTELLIGENCE
www.cbinsights.com 61
AI Trend #1: Predictive Maintenance
PREDICTIVE
MAINTENANCE BRINGS IOT BENEFITS
Predictive maintenance
combines IoT sensor data and maintenance logs to better predict and
avoid machine failure.For example, analysis of sound can detect an
anomaly in device operation, while vibrations can be
measured and used to detect errors. Benefits include increased asset
productivity and reduced overall maintenance costs.
www.cbinsights.com 62Source: McKinsey
Dr. Roland Busch
CTO, Siemens
www.cbinsights.com 63
“By analyzing the data, our artificial intelligence systems can draw conclusions regarding a machine’s condition and detect irregularities in order to make predictive maintenance possible.”
CORPORATIONS USE PREDICTIVE MAINTENANCE
Smart money VCs backed 2 predictive maintenance startups in Q2’17: KONUX and Petasense
SMART MONEY BACKS PREDICTIVE MAINTENANCE
www.cbinsights.com 64
Disclosed funding: $16.6M
Select Investors: New Enterprise Associates, Andy Bechtolsheim, Warren Weiss, Unternehmertum Venture Capital
Disclosed funding: $3.63M
Select Investors: True Ventures, FelicisVentures
www.cbinsights.com 65
AI Trend #2: Em(ai)l
Sources: Wired, The Verge, VentureBeat, Forbes, outwardmedia.com
AI IS HERE TO HELP YOU WRITE EMAILS PEOPLE WILL ACTUALLY READ
August 23, 2016
AI INTRODUCES NEXT GENERATION OF EMAIL
www.cbinsights.com 66
AI PREVENTS MANMADE EMAIL SECURITY ERRORS
www.cbinsights.com 67
CheckRecipient is a software platform that uses artificial intelligence and machine learning to
prevent highly-sensitive information being sent to the wrong people over email.
Disclosed funding: $3M
Select Investors: Accel Partners, Winton Ventures, Amadeus Capital Partners, LocalGlobe
Smart money VCs backed two startups improving email with AI since Oct ‘16: Trove and Astro
SMART MONEY BACKS EM(AI)L
www.cbinsights.com 68
Disclosed funding: $9.5M
Select Investors: Accel Partners, Silicon Valley Bank, Hyde Park Angels, Drive Capital
Disclosed funding: $3.63M
Select Investors: Redpoint Ventures, Aspect Ventures, Harrison Metal, Upside Partnership
www.cbinsights.com 69
AI Trend #3: Customer Feedback Analysis
STARTUPS AUGMENT
CUSTOMER FEEDBACK ANALYSIS WITH AI
Discussion around using
AI to analyze customer feedback picked up in late 2016.
These startups analyze
customer sentiment toward brands by crawling product review
sites, identifying potential root causes of both positive and negative
feelings.
www.cbinsights.com 70Sources: VentureBeat, The Telegraph, Forbes
MEDIA DISCUSSION OF AI + CUSTOMER FEEDBACK RISES2012 – 7/20/2017
AI STARTUPS ANALYZING CUSTOMER FEEDBACK
www.cbinsights.com 71
CompanyMosaic Score
(max 1000)Total Disclosed
Funding (M)Last Round Description
910 $33M$25M
(February 13, 2017 // Series B)
BirdEye is a platform that allows businesses to see customer reviews across all channels - review sites, social media, even NPS surveys. It structures feedback so businesses can benchmark performance across all their locations and compare against their competitors’.
650 $2.56M$50K
(June 8, 2017 // Biz Plan Competition)
Wyzerr is a platform that allows customers to communicate feedback directly to businesses at point-of-sale. Thecompany uses AI to take all feedback and drive customer satisfaction, retention, and loyalty.
600 $150K$150K
(February 8, 2017 // Seed)
SentiSum analyzes processes internal chat, support tickets, collaboration content, reviews, and feedback from blogs, forums, and user communications. It improves operational effectiveness and performance by analyzing emails for trends and sentiment about the products.
www.cbinsights.com 72
6/ HEALTHCARE
www.cbinsights.com 73
Health Trend #1: Virtual Reality for Mental Health
VR HAS ADVANCED MENTAL HEALTH SINCE 2016
www.cbinsights.com 74
2016
Feb ‘17
Mar ‘17
May ‘17
Stanford opens Virtual Reality-Immersive Technology Clinic
APA posts blog piece about VR used in mental health treatment
Cambridge publishes review of 285 studies on VR in mental health
Harvard Review of Psychiatry publishes literature review of VR in psychiatric disorder treatments
STARTUPS TREATING MENTAL HEALTH WITH VR
www.cbinsights.com 75
CompanyMosaic Score
(max 1000)Total Disclosed
Funding (M)Last Round Description
670 $1.54M$40K
(June 14, 2017 // Biz Plan Competition)
Rendever improves the quality of life of older adults with its research-based virtual reality platform, enabling them to travel back to their childhood homes in virtual reality, travel to Paris and other parts of the world, or cross of bucket list items like skydiving.
630 $1.15MN/A
(February 14, 2017 // Incubator/Accelerator)
Psious offers treatment for behavioral and mental health issues through virtual reality immersion therapy.
630 $100KUndisclosed
(Apr 4, 2017 // Seed VC)
AppliedVR provides a virtual reality platform designed to engage the patient during all stages of procedures in hospitals and surgical centers, offering patients drug-free alternatives to manage pain and anxiety associated with medical procedures.
SEQUOIA BACKS MENTAL HEALTH VR STARTUP
www.cbinsights.com 76
Limbix is a Palo Alto-based startup working to supply modern treatment tools to therapists. It has
created immersive VR environments for exposure therapy, a treatment dashboard for therapists, and a mobile app for patients, among other tools.
Disclosed funding: N/A
Select Investors: Sequoia Capital, Maverick Ventures, SVAngel, NextGen Venture Partners
www.cbinsights.com 77
Health Trend #2: Microneedles for Drug Delivery
MICRONEEDLES OFFER
MULTIPLE MEDICAL BENEFITS
Microneedles deliver
drugs to the upper dermis instead of muscular or fatty tissue.
They avoid painful nerve endings, does not cause bleeding, and removes
needle phobia, discomfort and injury.
More importantly, microneedles allow for
the possibility of delivery of smaller drugs.
www.cbinsights.com 78Sources: e-pharmatimes.blogspot.in
MICRONEEDLES IMPROVE DRUG PERFORMANCE
www.cbinsights.com 79
Microdermics is a Vancouver-based startup that has developed a microneedle injection system to improve
patient experience, increase the efficiency of current drugs, and enable new methods of treatment. They have
partnered with Vetter, a producer of aseptically prefilled syringe systems, cartridges and vials.
Disclosed funding: $870K
Select Investors: K5 Ventures, Shoreline Venture Management
MICRONEEDLES MODERATES INSULIN LEVELS
www.cbinsights.com 80
Zenomics is developing a microneedle transdermal patch technology for diabetes. The patch will be
able to sense blood glucose levels and respond with appropriate concentrations of insulin.
Disclosed funding: $2.8M
Select Investors: N/A
www.cbinsights.com 81
Health Trend #3: Pelvic Floor Treatment
1 in 3 women will experience a pelvic floor disorder
1 in 10 women will undergo surgery
www.cbinsights.com 82Sources: UCLA Health
Tania Boler
CEO and Co-founder, Elvie
www.cbinsights.com 83
"For us Elvie isn't just a product, it's about changing the conversation, because a lot of people see it as a yucky problem. But it isn't, it's a health problem."
FOUNDERS DESTIGMATIZE PELVIC FLOOR ISSUES
STARTUPS TARGETING PELVIC FLOOR HEALTH
www.cbinsights.com 84
CompanyMosaic Score
(max 1000)Total Disclosed
Funding (M)Last Round Description
N/A $15.8M$15.8M
(March 1, 2017 // Series A)
Atlantic Therapeutics develops medical devices, software, apps and connected health technologies to treat incontinence, sexual health dysfunctions, and other associated disorders by strengthening muscles and modulating nerves of the pelvic floor.
740 $6.02MN/A
(March 31, 2017 // Series A)
Elvie is an electronic device that women can use to train their pelvic floor using kegel exercises. The device syncs with mobile devices via Bluetooth, allowing users to track progress and view fitness insights.
N/A $2M$2M
(Apr 13, 2017 // Seed VC)
Consortia Health is a personalized pelvic wellness health care company that provides clinically-relevant individualized diagnosis, therapy and education to help physicians treat their patients with incontinence, pelvic pain, sexual dysfunction and other pelvic disorders.
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