While the growth of big data and analytics help businesses understand their customers, serve better ads, and sell more, in healthcare, these same methodologies and technologies have a real enduring, profound societal impact. Real-world data (RW) and real-world evidence (RWE), made possible by technology, are being used by pharmaceutical companies and the healthcare ecosystem to develop, evaluate, implement, and optimize new treatment approaches. Aetion is the RWD and RWE platform that enables the healthcare system to harness the power of data to shape the future of medicine. The platform is designed to accelerate the time to market without compromising scientific rigor. For example, the company partnered with the FDA to develop real-world analytics related to COVID and vaccines. AlleyWatch caught up with CEO Carolyn Magill to learn more about Aetion’s approach to RWD is enabling the healthcare system to make informed decisions, the company’s strategic, plans, latest round of funding, and much, much more.
The pandemic led to renewed interest in many childhood collectibles like baseball cards as we had more time to spend at home to sort through old boxes. At the same time, there was a meteoric rise of blockchain-based technologies using non-fungible tokens (NFTs) to create a new class of digital assets. Infinite Objects takes moving images or videos and offers a unique way to display these creations, whether for an NFT, personal library, or licensing deal. Physically, the company offers one physical display that is always tied to a single video. Behind the scenes, this display comes with complete provenance and authenticity, making it unique. Custom video prints start at $79 and come in either 5” or 7” displays that play videos up to 24-hours in length. Infinite Objects’ marketplace also features several video prints in limited runs from emerging artists. As the popularity of NFTs continues, we expect that Infinite Objects will be well-positioned to serve this market as an infrastructure play. AlleyWatch caught up with Founder Joseph Saavedra to learn more about the inspiration for the business, strategic plans, and recent round of funding from investors that include Courtside VC, Serena Ventures, Fuel Capital, Advancit Capital, Betaworks, Brooklyn Bridge Ventures, GFR Fund, Dapper Labs, Kevin Durant and Rich Kleiman, cofounders at Thirty Five Ventures, Genies, Sound Ventures, Scott Belsky, ThankYouX, and Shawn Mendes.
Plant-based milks are becoming a popular alternative to dairy-based options both for health reasons and environmental concerns; producing dairy milk results in three times more gas emissions than plant-based alternatives and requires nine times more land. Coconut, almond, soy, and oat are among the most common plant-based milks but there are other varieties available from hemp, pea, cashew, quinoa, macadamia, rice, flax, and even hazelnut. Numilk is bringing the benefits of plant-based milks to your home and to your café. Initially, the company started with large kiosks in supermarkets that allowed customers to make their own milk. Now Numilk is bringing that convenience to the home. They’ve developed an appliance that produces plant-based milk from the pouches similar to a Nespresso machine. The pouches only contain organic, pure, whole food without any preservatives, processed, sweeteners, gums, or fillers and produces 16oz for the consumer version; the industrial version forcafés produces 32oz. Numilk is currently taking pre-orders starting at $149 with the retail price expected to be $299 at launch. The team recently appeared on Shark Tank and closed $2M in funding from Mark Cuban. AlleyWatch caught up with Cofounders Ari Tolwin and Joe Savino to learn more about the benefits of plant-based milks, the company’s future plans, and much, more.
Despite the United States spending more per capita on healthcare, life expectancies are the same or worse as compared to other developed nations. One of the reasons that outcomes are not better is the organizations that sit between doctors and patients, mainly in the form of insurance companies and healthcare institutions. This added layer creates a compounded principal-agent problem where the best treatment and options for patients may not be used as they are not necessarily in the best financial interest of the other stakeholders. Sesame, a direct-pay marketplace, simplifies healthcare with its digital platform that allows patients to find, book, and pay for care (virtual or offline). Featuring over 1,000 providers offering nationwide coverage, Sesame focuses on telehealth visits, video dental consultations, and virtual prescription refills to cover an array of conditions. By directly establishing a link between patients and doctors, the platform saves patients up to 60% on the cost of care without the added headache of dealing with complicated insurance claims. AlleyWatch caught up with CEO and Cofounder David Goldhill to learn more about how Sesame makes healthcare more accessible, the company’s strategic plans, recent round of funding from investors that include Giant Ventures, Industry Ventures, and Coefficient Capital, General Catalyst, Entree Capital, and Atreides Management.
COVID-19 is fueling a boom for cosmetic surgery and non-surgical cosmetic procedures as Zoom Dysmorphia is driving people to improve their appearances after staring at themselves on a screen for the better part of almost a year and half. In fact, the American Society of Plastic Surgeons reports that 11% of women surveyed are more interested in cosmetic plastic surgery and non-surgical procedures now than before COVID. The numbers jump for those that have previously had procedures. Ever/Body is a provider of cosmetic dermatology services and beauty treatments in two sleek Manhattan locations (Flatiron and Soho). The company, founded in 2018, offers a full range of minimally invasive dermatological treatments including Botox, Fillers, Contouring, Laser Facials, Microneedling, and Laser Hair Removal. In addition to treatments, Ever/Body also offers a full line of curated skincare products. Accessing dermatological services in populous areas like New York can be time-consuming and expensive but with Ever/Body you can easily make an appointment online to see vetted professionals quickly and affordably to get a rejuvenated look in under an hour. AlleyWatch caught up with CEO Amy Shecter to learn more about the business, the company’s future plans, latest round of funding from investors that include Tiger Global Management, Addition, Fifth Wall, MetaProp, Gaingels, Declaration Partners, ACME Capital, and Redesign Health.
Medical alert systems or personal emergency response systems are a quick way for the elderly and those with health issues to receive help when it’s most urgently required. While the first medical alert systems made their debut in the 1970s, the introduction of AI and IoT combined with an aging baby boomer population will lead this market to expand to $17B by 2027. Aloe Care Health is a modern medical alert system that offers live, hand-free communications with family and emergency response teams that has integrated motion, temperature, and air quality sensors. The company’s smart hub is voice-activated and operates on AT&T’s 4G networks without the need for WiFi, connecting concerned family members in seconds without the need for intrusive cameras. Aloe Care Health provides the company’s proprietary hardware for an initial fee that starts at $149.99 for a hub and care button and the recurring monitoring and communication service starts at $29.99 per month. AlleyWatch caught up with Cofounder and CEO Ray Spoljaric to learn more about the inspiration for the business, the company’s future plans, latest round of funding from investors that include City Light, the Laerdal Million Lives Fund, Springbank, and Drumbeat Ventures.
Among paid Slack customers, users are spending 90 minutes per day using Slack on average. Companies are also spending countless hours on Zoom at a time where studies are now emerging indicating that fatigue from virtual interactions is taxing the psyche, leading to decreased concentration. However, podcast listeners spend an average of 6 hours and 37 minutes listening to podcasts every week and continue to be highly engaged. Spokn is a secure podcasting platform designed for work that seeks to capture the engagement of podcasts and bring it to the corporate setting, reducing time spent on non-aural platforms. The internal podcasts add a more personal touch to everyday communications and employee development programs, increasing employee engagement. Spokn is easy to use across the entire organization when it wants to get out content quickly for a variety of use cases (updates, mission statement, training, etc) and also has the added benefit of freeing up the hands of employees to allow them to multitask. AlleyWatch caught up with Cofounder and CEO Fawzy Abu Seif to learn more about the powerful impact that podcasting in the workforce can have, the company’s strategic plans, and latest round of funding from NEA, Y Combinator, Reach Capital, Funders Club, Liquid2, Share Capital, SOMA Capital, Scribble VC, and Hack VC.
Supply chain disruptions were up 67% in 2020 and 83% percent of these disruptions were caused by humans somewhere in the many moving parts that need to work in unison, whether at the supplier, trader, bank, or manufacturer end. The pandemic exposed shortcomings that were decades in the making. The importance of how technologies can bring supply chain transparency and flexibility is now at the forefront with unprecedented attention given to visibility and decision-making tools to ensure that our global, interconnected supply chain remains as resilient as it can be. Waybridge is a supply chain management platform focused on raw materials, the core components at the top of the funnel for most supply chains. The platform minimizes the resources spent on previously manual processes and provides a holistic view of shipments, inventory, and even offers alternative suppliers and purchasers so that businesses can be prepared in case of disruption. Waybridge is initially focused on non-ferrous metals with plans to expand into other materials and also increase the capabilities the platform offers to include tracing, sustainability, and trade finance. AlleyWatch caught up with CEO and serial entrepreneur Brian O’Kelley (cofounded AppNexus) to learn more about how the business came to fruition, the company’s strategic plans, how recent events have accelerated the digital transformation for supply chain management, and the company’s latest round of funding led by Rucker Park with participation from Craft Ventures and Venrock.
Anyone who has moved apartments in New York knows how difficult it can be to move with furniture. Many New Yorkers opt to just sell and purchase furniture – creating an endless cycle of spending and environmental waste. Kaiyo is an online marketplace for buying and selling pre-owned furniture. While there are a number of options for pre-owned furniture (Craigslist, Facebook marketplace, et al), Kaiyo is the only one that handles the most tedious part of the process – the logistics of the sale. The startup, founded in 2014, picks up the item, cleans, photographs, and even delivers it to the buyer, storing the items in its own warehouse until the sale, eliminating this massive pain point for consumers. AlleyWatch caught up with CEO and Founder Alpay Koralturk to learn more about how his seventh move in New York inspired the company, how the Series A came to fruition from interest from a satisfied user that happened to be a venture capitalist, the company’s strategic plans, and latest funding round from investors that include Moderne Ventures, Lerer Hippeau, and Max Ventures.
The average gamer spends eight hours and 27 minutes playing games, which represents a 14% increase over 2020. User-generated content platforms like Youtube, TikTok, Facebook, Instagram, Snapchat, etc. have led to the meteoric rise of new media creators. Allstar sits at the intersection of these two prominent trends. It’s a platform built for gamers that allows them to capture their favorite gaming moments, distribute this content, and build followings. Allstar is completely cloud-based without the need for any specialized or costly hardware and is currently offered as a freemium product with premium features coming soon. It currently supports CS:GO and Dota 2 with titles like Fortnite, League of Legends, Rainbow6, and Valorant in the roadmap. AlleyWatch caught up with CEO and Cofounder Nick Cuomo to learn more about how his experience as a gamer led to the vision to turn gamers into content creators, the company’s strategic plans, recent round of funding from investors that include New York Angels, Studio.vc, J-Ventures, and Emerging Ventures, Harvard Business School Alumni Angels of Greater New York, Miami Angels, Gaingels, Sand Hill Angels, and several individual investors.
Investments in real estate have traditionally been a hedge against inflation as prices of properties increase, rental income increases, and the cost of replacement or substitutes also increases. As we move into an inflationary scenario, shrewd investors are seeking out opportunities to preserve the value of their capital and increase investment income to keep pace with the declining purchasing power of their capital. EquityMultiple is a real state investment platform that provides accredited investors with opportunities to invest in commercial real estate ventures with as little as $10K. Investors can invest in one of three ways: fund investing, which covers multiple assets and invests in debt, equity, and securities, direct investing into distinct projects, and tax-deferred investing for those that want to delay tax liabilities from recent capital gains. EquityMultiple performs extensive due diligence on every project and the sponsors on the platform, only listing 5% of the deals evaluated. AlleyWatch caught up with Cofounder, CIO, and Head of Real Estate Marious Sjulsen to learn more about how EquityMultiple is making commercial real estate investments more accessible, the company’s strategic plans, and much, much more.