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EMERGING TECHNOLOGY TRENDS

Summer 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
A FEW OF OUR HAPPY CUSTOMERS
The most publicly reference-able customers of anyone in the industry

“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...”
Kate Barrett
Director, New Enterprise Associates

See what other customers have to say at http://www.cbinsights.com/customer-love www.cbinsights.com 3


TABLE OF CONTENTS
5 Emerging trends in real estate tech
18 New tech tools for retailers
31 Emerging use cases for drones
45 Emerging trends in blockchain
60 Emerging use cases for AI
72 Early-stage healthcare technologies

www.cbinsights.com 4
1/ Real Estate Tech

www.cbinsights.com 5
Real Estate Trend #1: Blockchain
revolutionizing real estate transactions

www.cbinsights.com 6
NEW PLATFORMS WILL FUNDAMENTALLY
CHANGE REAL ESTATE TRANSACTIONS
“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.”

David Walker
CEO & Co-founder, Triplemint

Source: Bloomberg www.cbinsights.com 7


BLOCKCHAIN: ENABLING THE FUTURE OF
REAL ESTATE TRANSACTIONS
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.

www.cbinsights.com 8
REAL ESTATE TRANSACTION PLATFORMS
UTILIZING BLOCKCHAIN

Factom is a Bitmark is a FundPlaces is a real Antshares


blockchain-as-a- blockchain startup estate investment Blockchain allows
service tech enabling issuance platform that utilizes users to digitize
company that of property titles for blockchain to digitize assets and is
secures data digital assets. investments. aiming to service
including real estate real estate titles.
data and property
titles.
Disclosed Funding: $10.9M Disclosed Funding: $1.7M Disclosed Funding: N/A Disclosed Funding: $4.5M

Select Investors: Harvest Select Investors: Cherubic Select Investors: N/A Select Investors: Undisclosed
Partners, Peeli Ventures Ventures, Digital Currency Investors
Group
www.cbinsights.com 9
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, SoFi
proposes that paper
records be moved to the
blockchain, where a
transaction log is
securely stored on a
distributed ledger.

www.cbinsights.com 10
Real Estate Trend #2: UK to be the next real
estate tech hotspot

www.cbinsights.com 11
ROOM FOR GROWTH IN UK REAL ESTATE TECH
MARKET
“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.”
Alex Gosling
CEO, HouseSimple

Source: Bloomberg www.cbinsights.com 12


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.

www.cbinsights.com 14
Trend #3: Innovative new ways to determine
real estate value

www.cbinsights.com 15
DATA-DRIVEN STARTUPS ARE DEVELOPING NEW
WAYS TO MEASURE THE QUALITY OF REAL ESTATE
“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.”
Ori Allon
Executive Chairman & Co-founder, Compass

Source: Bloomberg www.cbinsights.com 16


NEW WAYS TO EVALUATE REAL ESTATE

Solen has developed an Bon de Visite offers a Local Logic uses a


application that can scoring algorithm for combination of geospatial
measure and certify the properties according to and user generates usage
brightness of a property for environmental criteria, data to quantify the quality
sale. proximity, and quality of life. of location.

Disclosed Funding: N/A Disclosed Funding: $540K Disclosed Funding: 870K

Select Investors: Paris&Co Select Investors: Select Investors: 500


AngelSquare, BPI France, Startups, BDC Venture Capital
Paris&Co

www.cbinsights.com 17
2/ Retail Tech

www.cbinsights.com 18
Retail Tech Trend #1: Indoor navigation

www.cbinsights.com 19
MEDIA DISCUSSION OF INDOOR NAVIGATION OVER TIME 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.

Sources: FoodDive, Telegraph, Fortune, FoodIngredientsFirst, Forbes www.cbinsights.com 20


SELECT EARLY-STAGE INDOOR NAVIGATION STARTUPS STRONG FUNDING TO
INDOOR NAVIGATION
STARTUPS SO FAR
THIS YEAR

The segment remains


Focus: Offering indoor GPS Focus: Developing indoor Focus: Shopping cart
small, but startups are
service location and navigation solutions solutions/navigation capability
aiming to provide in-store
Disclosed Funding: $130K Disclosed Funding: $1.18M Disclosed Funding: $1.45M
navigation solutions to
Select Investors: Metro Select Investors: Fast Select Investors: Jarkko
retailers in the near
Accelerator Forward, Radomír Čech Veijalainen, Marko Sjoman
future.

The startups shown at


left have all raised either
Focus: Navigation, visitor flows, and Focus: Indoor location mapping Seed/Angel or Series A
Wi-Fi for shopping & retail centers and services platform funding in 2017.
Disclosed Funding: $1.39M Disclosed Funding: $500K
Select Investors: Camp Jarl Select Investors: XRC Labs

www.cbinsights.com 21
Retail Tech Trend #2: Using advanced sensing
and AI to profile and track customers

www.cbinsights.com 22
STARTUPS WILL HELP RETAILERS LEVERAGE
CUSTOMER DATA TO STAY COMPETITIVE
“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.”
Allan Haims
CEO, StepsAway

Source: Bloomberg www.cbinsights.com 23


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.

www.cbinsights.com 25
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.

www.cbinsights.com 26
Retail Tech Trend #3: Fully Automated Stores

www.cbinsights.com 27
AMAZON GO FACES MAJOR SETBACKS
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

www.cbinsights.com 28
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.

www.cbinsights.com 29
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.

www.cbinsights.com 30
3/ DRONES

www.cbinsights.com 31
Drones Trend #1: Underwater Monitoring

www.cbinsights.com 32
UNDERWATER DRONES DEFINED

 Includes: autonomously or remotely


operated vehicles that collect and analyze
data about the environment underwater.
Drones could operate at the surface or
UNDERWATER underwater.
DRONES
 Excludes: autonomously or remotely
operated flying vehicles that monitor water
surfaces or land

www.cbinsights.com 33
UNDERWATER DRONES TAKING OFF

Sources: Inc, Navy Times, Hellenic Shipping News, Wired, Los Angeles Times www.cbinsights.com 34
UNDERWATER DRONES
HAVE MANY
APPLICATIONS

Data collected from


underwater drones can
be used by academia,
Defense Environmental Oil and gas Infrastructure logistics industry,
applications assessment inspection monitoring governmental entities,
and defense
organizations.

Drones themselves can


be used by consumers,
defense organizations,
Recreational Law Research data Aquaculture private industry, and the
use enforcement gathering surveillance
public sector.

Source: Wikimedia Commons www.cbinsights.com 35


SHIPPING GIANTS LOOK TO DRONES AS
SOLUTIONS
“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.”

Markus Kuhn
Supply Chain Management, Maersk

Source: Maersk www.cbinsights.com 36


UNDERWATER DRONE COMPANIES
Total Disclosed
Company Last Round Description
Funding

Abyss Solutions uses remotely operated, semi-autonomous


underwater vehicles with sensors to monitor and inspect underwater
$1M
$1.04M assets and build 3D models. The company has worked with
(May 9, 2017 // Unattributed) Australian municipal governments and the Sydney Water
Corporation.

Seadrone (fka Orobotix) builds programmable, modular underwater


$130K
$130K vehicles with a full suite of sensors for underwater inspection.
(Nov 6, 2015 // Seed) Drones cost several thousand dollars.

Saildrone builds fleets of sailing drones with sensors for ocean data
$14M gathering, fish stock analysis, and environmental monitoring.
$16.5M According to the company, Saildrone earns $2,500 a day for
(Sep 5, 2016 // Series A)
providing ocean data.

Source: Abyss Solutions, Seadrone, Wired www.cbinsights.com 37


RECENT UNDERWATER DRONE EXITS
Startups have passed the proof-of-concept stage building underwater drones for various industries.

Aquabotix makes small underwater and hybrid drones Liquid Robotics builds a surface vehicle with
as well as underwater cameras for defense an underwater adjustable, modular
applications, environmental assessment, oil and gas architecture for defense applications,
inspection, infrastructure monitoring, aquaculture maritime surveillance, environmental
monitoring, law enforcement, gathering data for assessment, and oil and gas inspection.
research, and recreational uses.
Headquarters: Sunnyvale, California
Headquarters: Sydney, Australia
Total disclosed funding: $82.1M
Total disclosed funding: $2.09M
Exit: Acquired by Boeing on Dec 7, 2016
Exit: $5.5M IPO on Apr 20, 2017

Source: Aquabotix, Liquid Robotics www.cbinsights.com 38


Drones Trend #2: Medical Delivery

www.cbinsights.com 39
MEDICAL DELIVERY DEFINED

 Definition: delivery of medical specimen,


medical equipment, pharmaceuticals
MEDICAL
 Includes: delivery of biohazardous waste, cell
DELIVERY samples, tissue samples, blood samples,
transplant organs, drugs, defibrillators,
intravenous fluid bags, etc.

www.cbinsights.com 40
INFLUENTIAL SOURCES ADVOCATING MEDICAL DRONES

MEDICAL DRONES POISED TO


TAKE OFF
June 10, 2017

Sources: Mayo Clinic, JAMA, MIT Technology Review, Gizmodo, JEMS www.cbinsights.com 41
MEDICAL DELIVERY IS COMPLICATED
Regulatory, logistical, and administrative needs of medical specimen and equipment make
transporting difficult.

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

Source: Mayo Clinic, University of Pennsylvania, JAMA www.cbinsights.com 42


MEDICAL TREATMENT IN ISOLATED REGIONS IS
DIFFICULT TO ACCESS
"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."
Keller Rinaudo
Founder, CEO, Zipline

Source: The Verge www.cbinsights.com 43


MEDICAL DELIVERY DRONE PARTNERSHIPS
Startups developing aerial drones are partnering with corporations, governments, and universities to help deliver small medical
devices, emergency medical supplies, drugs, and biohazard materials.

Company Total Disclosed Funding Last Round Medical Application

Zipline builds a small unmanned aerial vehicle to deliver


$25M
$47.2M blood and medical supplies from distribution centers to
(Nov 10, 2016 // Series B) 21 hospitals in Rwanda.

$9.48M Matternet partnered with Swiss Post to transport


$11.5M biohazard materials in Lugano, Switzerland.
(Aug 5, 2016 // Series A)

Flirtey partnered with Johns Hopkins University to test


$16.6M delivery of medical supplies in New Jersey. These drones
$19.9M are being tested for delivering medical supplies to victims
(Jan 18, 2017 // Series A)
of natural disaster.

$42M Ehang partnered with Lung Biotechnology in May 2016 to


$52.9M automate organ transplant delivery.
(Aug 24, 2016 // Series B)

Sources: TechCrunch, Business Insider, EHang www.cbinsights.com 44


4/ BLOCKCHAIN

www.cbinsights.com 45
BLOCKCHAIN DEFINED
 Definition: cryptographically secured
distributed digital ledgers, where
transactions are recorded chronologically
and publicly.

 Includes: companies funded by centralized


BLOCKCHAIN 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 46
Blockchain Trend #1: Distributed Data Storage

www.cbinsights.com 47
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

Source: 3Pillar Global, a16z www.cbinsights.com 48


DISTRIBUTED DATA STORAGE COMPANIES
Startups that use any blockchain to verify data transactions, store data, or provide a marketplace for data storage.

Mosaic Score Total Disclosed


Company Last Round Description
(max 1000) Funding

Storj provides an encrypted and distributed data storage


$3M
590 $5.05M solution. The STORJ token is used for providing a
(Feb 23, 2017 // Seed) marketplace for distributed storage.

$30K Minebox stores users’ data in a box that connects to a cloud


350 $30K network powered and secured by a blockchain.
(Jul 8, 2016 // Seed)

$3.73M Protocol Labs provides decentralized protocols for several


750 $3.73M (May 23, 2016 // applications. Among its projects includes Filecoin, a token to
Undisclosed) create a marketplace-based distributed storage system.

www.cbinsights.com 49
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.
Source: Storj www.cbinsights.com 50
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.

Source: Minebox www.cbinsights.com 51


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.

Source: Filecoin www.cbinsights.com 52


Blockchain Trend #2: Supply Chain

www.cbinsights.com 53
TRANSPARENCY OF THE BLOCKCHAIN USEFUL
FOR SUPPLY CHAIN CONTEXT
“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.”

Michael Casey
Senior Advisor, Blockchain Research at MIT Media Lab

Source: Harvard Business Review www.cbinsights.com 54


SUPPLY CHAIN TRANSPARENCY COMPANIES
Startups that track physical goods throughout the supply chain and store data on the blockchain, allowing purchasers, sellers,
and transporters greater visibility into products.
Mosaic Score Total Disclosed
Company Last Round Description
(max 1000) Funding

Arc-Net tracks, authenticates, and validates perishable


$2.5M
730 $2.5M foods from production to consumption, minimizing the risk
(Feb 3, 2017 // Angel) of fraudulent or tainted food.

Chronicled uses sensors that track a product’s origin and


full history securely via blockchain. The product is being
Undisclosed
620 $4.83M used for perishable foods, leather goods, automobiles,
(Mar 22, 2017 // Incubator) pharmaceuticals, license plates, secure servers, among
others.

Provenance allows companies to track the origins of


$800K
810 $800K products, bringing transparency to products for eco-friendly
(Jul 11, 2017 // Seed) consumers.

$30K Modum uses sensors and blockchain to track real-time


360 $30K movement of ingredients for drugs to ensure safety.
(Jul 8, 2016 // Incubator)

www.cbinsights.com 55
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.

Source: Arc-Net www.cbinsights.com 56


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.

Source: Chronicled www.cbinsights.com 57


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.

Source: Provenance www.cbinsights.com 58


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.

Source: Chronicled www.cbinsights.com 59


5/ ARTIFICIAL INTELLIGENCE

www.cbinsights.com 60
AI Trend #1: Predictive Maintenance

www.cbinsights.com 61
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.
Source: McKinsey www.cbinsights.com 62
CORPORATIONS USE PREDICTIVE MAINTENANCE
“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.”

Dr. Roland Busch


CTO, Siemens

www.cbinsights.com 63
SMART MONEY BACKS PREDICTIVE MAINTENANCE
Smart money VCs backed 2 predictive maintenance startups in Q2’17: KONUX and Petasense

Disclosed funding: $16.6M Disclosed funding: $3.63M


Select Investors: New Enterprise Associates, Select Investors: True Ventures, Felicis
Andy Bechtolsheim, Warren Weiss, Ventures
Unternehmertum Venture Capital

www.cbinsights.com 64
AI Trend #2: Em(ai)l

www.cbinsights.com 65
AI INTRODUCES NEXT GENERATION OF EMAIL
AI IS HERE TO HELP YOU WRITE
EMAILS PEOPLE WILL ACTUALLY READ
August 23, 2016

Sources: Wired, The Verge, VentureBeat, Forbes, outwardmedia.com www.cbinsights.com 66


AI PREVENTS MANMADE EMAIL SECURITY ERRORS

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

www.cbinsights.com 67
SMART MONEY BACKS EM(AI)L
Smart money VCs backed two startups improving email with AI since Oct ‘16: Trove and Astro

Disclosed funding: $9.5M Disclosed funding: $3.63M


Select Investors: Accel Partners, Silicon Select Investors: Redpoint Ventures, Aspect
Valley Bank, Hyde Park Angels, Drive Ventures, Harrison Metal, Upside
Capital Partnership

www.cbinsights.com 68
AI Trend #3: Customer Feedback Analysis

www.cbinsights.com 69
MEDIA DISCUSSION OF AI + CUSTOMER FEEDBACK RISES STARTUPS AUGMENT
2012 – 7/20/2017 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.

Sources: VentureBeat, The Telegraph, Forbes www.cbinsights.com 70


AI STARTUPS ANALYZING CUSTOMER FEEDBACK
Mosaic Score Total Disclosed
Company Last Round Description
(max 1000) Funding (M)

BirdEye is a platform that allows businesses to see


$25M customer reviews across all channels - review sites, social
910 $33M (February 13, 2017 // media, even NPS surveys. It structures feedback so
Series B) businesses can benchmark performance across all their
locations and compare against their competitors’.

Wyzerr is a platform that allows customers to communicate


$50K
feedback directly to businesses at point-of-sale. The
650 $2.56M (June 8, 2017 // Biz Plan
company uses AI to take all feedback and drive customer
Competition) satisfaction, retention, and loyalty.

SentiSum analyzes processes internal chat, support tickets,


$150K collaboration content, reviews, and feedback from blogs,
600 $150K (February 8, 2017 // forums, and user communications. It improves operational
Seed) effectiveness and performance by analyzing emails for
trends and sentiment about the products.

www.cbinsights.com 71
6/ HEALTHCARE

www.cbinsights.com 72
Health Trend #1: Virtual Reality for Mental Health

www.cbinsights.com 73
VR HAS ADVANCED MENTAL HEALTH SINCE 2016
Stanford opens
Virtual Reality- Cambridge
Immersive publishes review
Technology of 285 studies on
Clinic VR in mental
Feb ‘17 health May ‘17

2016 Mar ‘17


Harvard Review of
APA posts blog Psychiatry publishes
piece about VR literature review of VR in
used in mental psychiatric disorder
health treatments
treatment

www.cbinsights.com 74
STARTUPS TREATING MENTAL HEALTH WITH VR
Mosaic Score Total Disclosed
Company Last Round Description
(max 1000) Funding (M)

Rendever improves the quality of life of older adults with its


$40K research-based virtual reality platform, enabling them to
670 $1.54M (June 14, 2017 // Biz Plan travel back to their childhood homes in virtual reality, travel
Competition) to Paris and other parts of the world, or cross of bucket list
items like skydiving.

N/A
Psious offers treatment for behavioral and mental health
630 $1.15M (February 14, 2017 //
issues through virtual reality immersion therapy.
Incubator/Accelerator)

AppliedVR provides a virtual reality platform designed to


engage the patient during all stages of procedures in
Undisclosed
630 $100K hospitals and surgical centers, offering patients drug-free
(Apr 4, 2017 // Seed VC) alternatives to manage pain and anxiety associated with
medical procedures.

www.cbinsights.com 75
SEQUOIA BACKS MENTAL HEALTH VR STARTUP

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 76
Health Trend #2: Microneedles for Drug Delivery

www.cbinsights.com 77
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.

Sources: e-pharmatimes.blogspot.in www.cbinsights.com 78


MICRONEEDLES IMPROVE DRUG PERFORMANCE

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


www.cbinsights.com 79
MICRONEEDLES MODERATES INSULIN LEVELS

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

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Health Trend #3: Pelvic Floor Treatment

www.cbinsights.com 81
1 in 3 women will experience a pelvic floor disorder

1 in 10 women will undergo surgery

Sources: UCLA Health www.cbinsights.com 82


FOUNDERS DESTIGMATIZE PELVIC FLOOR ISSUES
"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."
Tania Boler
CEO and Co-founder, Elvie

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STARTUPS TARGETING PELVIC FLOOR HEALTH
Mosaic Score Total Disclosed
Company Last Round Description
(max 1000) Funding (M)

Atlantic Therapeutics develops medical devices, software,


$15.8M apps and connected health technologies to treat
N/A $15.8M (March 1, 2017 // Series incontinence, sexual health dysfunctions, and other
A) associated disorders by strengthening muscles and
modulating nerves of the pelvic floor.

Elvie is an electronic device that women can use to train


N/A
their pelvic floor using kegel exercises. The device syncs
740 $6.02M (March 31, 2017 // Series
with mobile devices via Bluetooth, allowing users to track
A) progress and view fitness insights.

Consortia Health is a personalized pelvic wellness health


$2M care company that provides clinically-relevant individualized
N/A $2M (Apr 13, 2017 // Seed diagnosis, therapy and education to help physicians treat
VC) their patients with incontinence, pelvic pain, sexual
dysfunction and other pelvic disorders.

www.cbinsights.com 84
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