Professional Documents
Culture Documents
Investment Opportunties
Investment Opportunties
Investment Opportunties
Digital Sedation for relieving patients’ pain and anxiety using digital therapy
(combines clinical hypnotherapy and integrative therapeutic techniques) in virtual
reality.
Raised €10M Series A investment in 2020 with a Series B likely.
The CEO stated that they have plans to raise its next round of capital
in early 2023 to support entry into the US market.
Will look to raise between EUR 30m (US 35.5m) and EUR 50m (USD
59.2m) in early 2023.
Megatrend of mental health (anxiety) support.
o People are often fearful of drug-based treatments - this has the possibility to
help with that or remove the need for drug-based resolutions. altogether for
some individuals.
Has the possibility of both B2C and B2B illustrating potential huge whitespace.
o It is not a winner takes all market - plenty of whitespace.
Has proven benefits - reducing surgery time by 10% to 15% and increasing recovery
speed by 50%
Prolific
Marketplace that connects researchers with research participants, enabling hundreds of
thousands of surveys, research studies, and AI/ML training tasks
What is interesting – extremely strong client base for a business of this size – illustrates its
proven business model - Clients - Google, Meta, McKinsey, Snap, Harvard, Penn, Yale, UCL,
Oxford
TAM - $90B+ global market research services market
Leadership team seems to be very well experienced in the research industry
I sadly do not have many metrics – but through linkedin – the company seems FTES seem to
be growing rpidly 50% in past 2 years
Its specific product of AI research is particularly interesting at the moment with what is
occurring in that area at the moment – everyone wants a piece of the AI Pie and likely to
grow further in the coming years
A concern or question I have is what are they doing different – how are they going to kep
their cohort of researchers