The knowledge economy has been the foundation of economic activity for developed nations since the 1960s. Prioritizing intellectual capital, allows businesses to be more efficient and dynamic, leading to innovation and customization but the skills that are required to succeed are continuously evolving, presenting a challenge for businesses. NewtonX is a B2B research and intelligence company that connects companies with subject matter experts for consultations, group workshops, or full-scale surveys. The company’s proprietary technology can reach over 1.1B professionals in 140 industries that businesses leaders are easily able to access to ensure they are receiving relevant information from the most relevant sources to power their critical decisions. All knowledge providers who engage with NewtonX have their backgrounds, subject matter expertise, and IDs checked by NewtonX to ensure all data is vetted, not collected based on flawed methodology, and is highly reflective. AlleyWatch caught up with NewtonX Cofounder Sascha Eder to learn more about how NewtonX is able to leverage technology to modernize recruitment for B2B research, how the founding team’s experience in consulting led to founding the business, the company’s strategic plans, latest round of funding from investors that include Marbruck Investments, Level One Fund, Two Sigma, Third Prime, XFund, Story Ventures, and Switch.
The pandemic has shaped the future of remote healthcare as the importance of providing access to essential healthcare services grew dramatically as the world scrambled to move to digital. While traditional telehealth services in the form of virtual consultations are convenient for addressing pressing issues and checkups, there is also a significant market that needs ongoing care. Cadence is a healthtech platform that integrates in-person care with virtual care and remote patient monitoring. Patients with chronic conditions like Heart Failure, Hypertension, Type 2 Diabetes, and Chronic Obstructive Pulmonary Disease use the platform to receive care, in the comfort of their homes, from practitioners who are able to remotely monitor symptoms and vitals leading to improved outcomes and adherence long-term. With COVID taxing the resources and staff of healthcare providers, Cadence is able to empower practitioners to serve a larger gamut of patients without compromising care quality, improving accessibility for patients. The company, which launched earlier this year, is building partnerships with the nation’s largest healthcare systems and plans to have 155 clinicians on staff by next summer. AlleyWatch caught up with Cadence Solutions CEO and Founder Chris Altchek to learn more about making healthcare more accessible leveraging technology, the company’s strategic plans, latest round of funding from investors that include Coatue Management, General Catalyst and Thrive Capital.
Despite the pandemic disrupting global economic activity, stocks, for the most part, have surged from the catastrophic March 2020 lows. With lockdowns keeping people isolated at home, worrying about their economic futures, many took to day trading and short-term trading, fueled with stimulus and pandemic unemployment assistance. Others joined in on the fun because they were bored. This unprecedented shift led to the creation of retail trading blocs that for the first time in history represented formidable competition to established hedge funds and professional money managers. Remember Gamestop and AMC? The number of shares traded by the customers of large brokers rose from 700M shares a day before the pandemic to 2.9B per day earlier this year. Stocktwits is the pioneering social platform for investors and trading to come together to discuss, learn, evaluate and generate investment ideas. Credited with devising the social dollar-sign hashtag or “cashtag” to represent tickers ($), the platform founded back in 2008 in the midst of a different financial crisis, surged in popularity during the pandemic with traders and investors using the platform for forums, research, trading rooms, quotes, news, and sentiment analysis. Stocktwits now has over 5M active monthly users for its freemium product that offers a number of enhanced features for paid users including proprietary research and access to subscriber communities. AlleyWatch caught up with Stocktwits CEO Rishi Khanna to learn more the company’s mission to build a global hub for investors, strategic plans, and latest round of funding from Alameda Research Ventures and Times Bridge.
20% of GenX required glasses during their childhood; today that is closer to 40% according to the American Academy of Ophthalmology. This rise has been attributed to increases in screen time and devices and is expected to only continue. PAIR Eyewear is a direct-to-consumer customizable eyewear brand that’s built for the increasing number of youth requiring glasses. […]
There’s been a growing movement towards outcome-based healthcare payments as we look to value-based care and providing the best care possible. This starts with selecting quality providers. Garner Health is a technology-driven platform that analyzes aggregate medical data to determine who the highest-quality physicians are by specialty, procedure, and geography. Employees of companies that are partnered with Garner Health are able to go through this curated selection, filtered for availability and network considerations for upcoming medical visits. The platform also features a concierge service available through phone, chat, or email to provide additional guidance, if necessary. If the employee opts to use one of the preferred providers, then employers will cover all or a portion of any out-of-pocket expenses. The incentivization of employees in the short term to visit quality providers results in lower costs for the employer in the long term, amounting to savings the company’s estimated to be at least 10%. Garner does not maintain any commercial relationship with healthcare providers and its determinations are completely on the basis of past treatment data, eliminating any bias or impropriety in the recommendations. AlleyWatch caught up with Founder and CEO Nick Reber (prev. Oscar Health and Bridgewater) to learn more about this innovative model to address rising healthcare costs, the company’s future plans, and latest round of funding from investors that include Redpoint Ventures, Founders Fund, Thrive Capital, and Optum Ventures.
The global frozen foods industry is expected to grow to $65B by 2024 with the growth largely driven by vegan foods. The pandemic caused meal delivery kits to boom in 2020 with consumers looking for healthy and convenient options at affordable prices during lockdown. Busy working professionals and young families are expected to maintain the demand as we enter a post-COVID era. Mosaic Foods is a plant-based frozen meal delivery service that’s looking to capitalize on this demand. Founded by two former management consultants working long hours that were looking to find healthy alternatives to takeout, the company offers a diverse line of products ranging from family meals, oat bowls, and soups. Each meal is shipped frozen and requires zero prep – no chopping, cooking, or cleanup. The company offers Mosaic+, which provides chef-crafted meals developed in partnership with New York’s top chefs and restaurants. Pricing for 12 meals comes out to $101.88 or about $8.50 per meal. AlleyWatch caught up with Cofounders Matt Davis and Sam McIntire to learn more about the inspiration for the business, the company’s expanding product offering, the company’s latest funding from investors that include Gather Ventures, Greycroft, and Alleycorp.
GPARENCY, founded by Ira Zlotowitz, is a commercial mortgage origination platform that connects borrowers directly to lending institutions for a flat fee. They just closed $15M in funding in what they describe as the largest Seed round for a commercial real estate company.
Children have been extremely resilient during the pandemic, adjusting to inconsistent school sessions, adapting to remote learning, and living in a world without social interactions and extracurricular activities. Yet, there has undoubtedly been added stress for our youth, with an increase in diagnosed anxiety, eating disorders, suicide along with a corresponding increase in requests for psychotherapy. HelloHero, a virtual pediatric therapy platform, has been a lifesaver for students, their parents, and school districts at a time when our students have been most vulnerable. The platform partners with school districts to offer its platform that connects students with licensed therapists that build tailored programs to address and treat a student’s developmental and behavioral needs. In addition to the clinical aspect, HelloHero also handles payments, insurance, compliance, and billing, alleviating the administrative burden for the districts. Therapy services are also offered directly to families. By bringing therapy into the home has the added benefit of engaging the parents and teaching them strategies to manage their children’s behavior and treatment, which has been shown to yield better long-term outcomes. AlleyWatch caught up with HelloHero CEO and Founder Syed Mohammed to learn more about how his personal experience with behavioral therapy inspired the business, the company’s strategic plans, and recent round of funding from investors that led by Silverton Partners with participation from Correlation Ventures, Achieve Partners, and Service Provider Capital New England Fund.
There are a number of software platforms that allow users to build advanced animations like vectoring, CGI, stop-motion animation, and motion graphics that yield cinematic assets with fluid transitions and realistic effects like Warners Bros brand assets at the beginning of a film or the Netflix logo sting when the app is launched. Among the most widely recognized platforms are Adobe’s After Effects and Apple’s Final Cut Pro, where designers create motion graphics on a single-frame basis that are combined to yield the animation. However, these platforms require specialized knowledge making them inaccessible to the growing types of individuals and teams that are powering the creator economy. Fable has built the next-generation web-based motion design and platform that’s versatile enough to be used by skilled designers as well as those new to animation. Think of it like the Canva for motion design. Since the platform handles the rendering in the cloud, there are no onerous requirements for computational or graphics power. Unlike other platforms, Fable is built to be collaborative to handle the workflows of teams. It is free to join with paid Pro and Team plans available; all come with access to a growing library of tips and tutorials.
AlleyWatch caught up with Fable Cofounder and CEO Chris Boardman to learn more about how the technology for Fable emerged after being built as an internal business to support a different venture, the state of the motion graphics software market, the company’s strategic plans, and latest round of funding from investors that include Redpoint Ventures, Collaborative Fund, SIP Global Partners, Harrison Metal, Third Kind Venture Capital, and LightShed Ventures.
The advent of new technologies, specifically access control solutions, is changing the landscape of real estate, allowing the industry to respond to customer demand and modernize its digital infrastructure. Cloud-based systems allow any door, on any property, to be controlled remotely with just a smartphone, providing unparalleled convenience to residents and tenants. ButterflyMX redefines the role of the intercom with its cutting-edge wireless, touchscreen hardware that pairs with its mobile app software that allows residents to easily manage property access through their smartphone. Already installed in 6500+ properties, ButterflyMX smart intercom solution provides video calling straight to your smartphone – so residents can see exactly who it is outside. If you have planned visitors coming, ButterflyMX will generate a unique QR Code or delivery pin that lets visitors enter the building with ease. ButterflyMX is used by buildings that are owned, operated, or managed by some of the biggest names in real estate such as Greystar, Bozzuto, CA Ventures, Lennar, Lincoln Property Company, and Equity Residential. The company started by focusing on entryway access but has expanded its capabilities to include full building access to shared spaces like gyms, other amenities, and communal areas. AlleyWatch caught up with ButterflyMX CEO Aaron Rudenstine to learn more about the company’s traction, genesis, strategic plans, and latest round of funding from investors that include.JMI Equity Volition Capital, Egis Capital, and RiverPark Ventures.
After much anticipation, we are beginning to see real-world use cases for the blockchain as it transitions from abstract, theoretical concepts into practical applications that have the potential to change the standard order. The promise of decentralizing finance by uncoupling transactions and activity from legacy banks to the public via blockchain is driving innovation towards a more efficient system that’s inclusive and not riddled with predatory fees. Algofi is building a fast, low-cost decentralized lending market on the blockchain using the Algorand blockchain. The company, founded by two colleagues at Citadel, believes their platform will be able to offer transaction fees for less than $.01 as compared to $15 for other providers. Crypto depositors can earn high-yield rates on their funds while borrowers can easily access funds with competitive rates for their trading needs. Algofi plans to launch its lending and stablecoin protocol on the Mainnet later this month and introduce new banking features next year as it moves towards becoming a full crypto-native digital bank that’s completely decentralized. AlleyWatch caught up with Algofi Cofounder John Clarke to learn more about the decentralized finance and companies like Algofi are driving a catapultic shift that will redefine finance as we know it, the company’s strategic plans, the emergence of Brooklyn as an enclave for Blockchain innovation, the company’s recent round of funding from investors that that inclue Union Square Ventures, Arrington Capital, Pillar VC, Y Combinator, Formulate Ventures, and Shine VC.