Data science is highly coveted and championed because its use extracts insights that transform data into tangible value. But accessing and indiscriminately using data ends up creating complex systems that need to be managed, which is a task in and of itself. Rasgo Intelligence is a platform that empowers data scientists to easily use raw data to build models rather than spending an inordinate amount of time processing data for use. The company uses a community-based and repository approach, similar to GitHub for developers, that allows users to explore, clean, join, and transform data using a library of preset blocks and functions. Users then can share features across different models and with colleagues and deploy to production directly from Rasgo with a single API and versioning capabilities. The company operates on a freemium model with access to a robust repository with a paid enterprise option available to users with larger-scale needs. AlleyWatch caught up with CEO and Founder Jared Parker to learn more about transforming the engineering process in data science with Rasgo, the company’s future plans, and latest round of funding led by Insight Partners.
The pandemic forced nearly every industry to modernize. For the wholesale industry, the shift was embodied by the adoption of digital solutions that the industry had previously shied away from. With lockdowns shutting down showrooms and tradeshows, two of the primary mechanisms for B2B wholesale commerce to do business, digital platforms that replicated the in-person experience thrived. JOOR is a wholesale management platform and marketplace that connects retailers, vendors, and brands for fashion, luxury, and home goods. The all-in-one platform provides a seamless virtual showroom experience and handles discovery, transactions, and payments. There are over 12,500 brands and 325,000 retailers transacting on the marketplace currently with no signs of slowing down. AlleyWatch caught up with CEO Kristin Savilia to learn more about how the pandemic resulted in an enduring behavioral shift in the wholesale space, the company’s strategic plans, latest round of funding from investors that include Macquarie Capital Principal Finance, ITOCHU Corporation, Battery Ventures, and Canaan Partners.
Using no-code approaches to data analytics allows you to process data 5x faster than you would by writing code. Data is an integral part of a growing number of functions within organizations but traditionally there has been a siloed approach that prevents accessibility across various functional departments, limiting collaboration. Facet is a collaborative data analytics platform that allows individuals from all parts of an enterprise to seamlessly integrate data into their decision-making through its interactive front end, without knowledge of code or SQL. Data can sit anywhere on the company’s cloud infrastructure but is accessible to any team within the organization using Facet’s workspace. Facet acquired the technology from ad tech company Metamarkets, so it’s been battle-tested in the ad space but the platform is versatile enough to handle any data in any industry. AlleyWatch caught up with CEO Kevin Weatherman to learn more about the practical applications of the platform, the company’s strategic plans, recent round of funding from investors that include Harrison Metal, Bedrock, Breakpoint Capital, Gokul Rajaram, Slava Rubin, Brian Long, and Andrew Jones.
The market for VR training is expected to surpass $294B globally by 2030. VR learning to train people is more cost-efficient and effective than training in classrooms and online learning. In a recent PWC study, VR learners completed training 4x faster than classroom learners; VR learners were 4x times more focused than online learners and 1.5x more than classroom learners. Moth+Flame is a specialist in providing immersive VR training for the public and private sectors. The company focuses both on soft and hard skills focusing on things like workforce programs for diversity and inclusion and suicide prevention through conversational and role-play simulations; physical training simulations include pilot training and aircraft maintenance training for military applications. AlleyWatch caught up with Founder and CEO Kevin Cornish to learn more about how is time working with Taylor Swift inspired the business, the company’s strategic plans, and recent round of funding from investors that include Bee Partners, First In, Meeting Street Capital, Service Provider Capital, and Spacecadet.
Demographic information of an area and the health of the economy are two of the four main determinants of the real estate market. Interest rates and government policy are the other two. Markerr is a real estate analytics and intelligence platform that layers both public and private data to provide insights into any real estate market. The company looks at factors like income levels, job growths, spending, and demographic profiles to empower commercial property owners, investors, and lenders to understand present and future rental rates. Markerr offers a dashboard that can analyze, in real-time, at the property level in addition to offering reports and data feeds. AlleyWatch caught up with CEO, Founder, and repeat entrepreneur Brian Lichtenberger to learn more about how data is used in strategic decision-making in the real estate industry, the company’s future plans, recent round of funding from investors that include RET Ventures, Continental Realty Corp, Matt Levin of Twin Shores Capital, Edward Norton, and Joe Lettween of Osso Capital.
A look at Robinhood’s role in the rise of meme investing.
A large portion of the nutrients that are found in fruits and vegetables are found in the skin. The skin is a rich source of antioxidants, fiber, minerals, and vitamins. Yet many of us prefer to consume fruits without the peels. RIND is a skin-on dried fruit snack brand that offers chewy snacks. The company currently offers six flavors, all made from California-grown organic fruit, that are vegan, non-GMO, kosher, and gluten-free. RIND can be found direct-to-consumer through its website as well as distributed online through Amazon, HungryRoot, FreshDirect, Good Eggs, Hive Brands, and Imperfect Foods and in-person at ~100 locations like select Whole Foods and Juice Press throughout the city. Through the pandemic, the company was able to grow revenue 5x and now plans to launch its first dried fruit snack chip. AlleyWatch caught up with CEO and Founder Matt Weiss to learn more about the benefits of skin-on dried fruit snacks, the company’s strategic plans, recent round of funding from investors that include Valor Siren Ventures and Melitas Ventures.
The pandemic has tested the workforce resilience, agility, and capabilities to reshape our approach to the future of work. Organizations, now split across remote locations, need to understand the composition of their workforce, their skillset, and availability more so than ever before. Gloat is a talent marketplace platform for companies to manage, deploy, and grow their internal talent pools. By mapping a workforce’s talents, skills, and availability, managers now have access to a broader talent pool, diversifying teams, and allowing projects, initiatives, launches, open roles, mentorship programs, etc. to get staffed faster while keeping employees engaged. As the pandemic led to an acceleration in workforce management, Gloat was able to 5x its ARR and triple its headcount. Companies like Unilever, Schneider Electric, Novartis, and HDBC are users of the platform. AlleyWatch caught up with CEO and Cofounder Ben Reuveni to learn more about the need for talent marketplaces, the company’s strategic plans, the latest round of funding from investors that include Accel, Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners.
Service management has long been a staple of the IT industry, continuously pushing the industry forward to deliver better experiences and manage crises more efficiently. The real estate industry has also been using a service management model to respond to the needs of commercial/residential property owners and tenants but has been slower to adopt innovation. Addressing a $680B+ outsourced facilities management market, UtilizeCore is a building service management platform and marketplace for the real estate industry to automate many of the functions of service management. Similar to sites like Angie’s List, Thumbtack, and HomeAdvisor for residential homeowners, service management companies and building owners can use the SaaS platform free of cost to discover, hire, manage, and pay contractors to deliver services to buildings. The pandemic exposed the importance of being able to manage buildings virtually, leading to increased interest for UtilizeCore; the company now has 50K+ users that have completed more than 2M work orders. AlleyWatch caught up with the cofounders Jason Kwait (President), Ryan Gottfried (CEO), and Johnny Zhu (COO) to learn more about the company, its strategic plans, and recent found of funding from investors that include boldstart ventures, MANTIS Venture Capital (in partnership with The Chainsmokers), S12F, and key strategics.
Despite the majority of web traffic coming from mobile devices, the cart abandonment rate on mobile devices is significantly higher than that of desktop; an astonishing 85.6% is the average mobile e-commerce cart abandonment rate. One of the most common causes cited by mobile shoppers is a frustrating checkout experience that’s cumbersome on mobile. Nate is a mobile checkout app that allows consumers to complete their purchase of items from any website with a few clicks. All you have to do is share any item on the Nate app and click buy to complete purchases in seconds. On the back end, Nate’s AI-powered technology completes the purchase process, leading to increased customer satisfaction as well as increased conversion for retailers. The company charges $1 per transaction and that includes the issuance of a virtual card used in the transaction, which ensures that the shopper’s data is protected. Nate also recently introduced its own buy it now, pay later option along with some other ancillary features like gifting, sharing, and social wish lists. AlleyWatch caught up with CEO and Founder Albert Sangier to learn more about how Nate powers mobile commerce, the company’s strategic plans, and latest round of funding led by Renegade Partners with participation from Forerunner Ventures, Canaan Partners, and Coatue.
Early childhood is one of the stages of life where growth is rapid and this makes it difficult for parents to keep up with what size their child should currently be wearing, especially when it comes to shoes. Two out of three kids are wearing the wrong shoe size. Ten Little is an e-commerce platform that lets parents buy the perfect shoes for their kids from a curated assortment of tested brands and the company’s own direct-to-consumer line of shoes. The company has built a predictive data platform that tracks children’s growth and alerts parents when to consider replacing shoes based on age-specific development patterns. Initially focused on footwear, the company has expanded its product line to include socks and accessories including hats and sunglasses. The physician-recommended shoes start a very reasonable $39/pair. Through the pandemic, the company has been able to maintain a 50% MoM growth rate, serving more than 100,000 families. AlleyWatch caught up with Cofounder and CEO Fatma Collins to learn more about the company, the challenges of managing a global supply chain through the pandemic, future plans, and latest round of funding from investors that include Kindred Ventures and NextView Ventures.