Meet the startups in the latest Alchemist class

Alchemist is the Valley’s premiere enterprise accelerator and every season they feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model.

You can watch the live stream at 3pm PST here.

Videoflow – Videoflow allows broadcasters to personalize live TV. The founding team is a duo of brothers — one from the creative side of TV as a designer, the other a computer scientist. Their SaaS product delivers personalized and targeted content on top of live video streams to viewers. Completely bootstrapped to date, they’ve landed NBC, ABC, and CBS Sports as paying customers and appear to be growing fast, having booked over $300k in revenue this year.

Redbird Health Tech – Redbird is a lab-in-a-box for convenient health monitoring in emerging market pharmacies, starting with Africa. Africa has the fastest growing middle class in the world — but also the fastest growing rate of diabetes (double North America’s). Redbird supplies local pharmacies with software and rapid tests to transform them into health monitoring points – for anything from blood sugar to malaria to cholesterol. The founding team includes a Princeton Chemical Engineer, 2 Peace Corps alums, and a Pharmacist from Ghana’s top engineering school. They have 20 customers, and are growing 36% week over week.

Shuttle – Shuttle is getting a head start on the future of space travel by building a commercial spaceflight booking platform. Space tourism may be coming sooner than you think. Shuttle wants to democratize access to the heavens above. Founded by a Stanford Computer Science alum active in Stanford’s Student Space Society, Shuttle has partnerships with the leading spaceflight operators, including Virgin Galactic, Space Adventures, and Zero-G. Tickets to space today will set you back a cool $250K, but Shuttle believes that prices will drop exponentially as reusable rockets and landing pads become pervasive. They have $1.6m in reservations and growing.

Birdnest – Threading the needle between communal and private, Birdnest is the Goldilocks of office space for startups. Communal coworking spaces are accessible but have too many distractions. Traditional office spaces are private but inflexible on their terms. Birdnest brings the best of each without the drawbacks: finding, leasing, and operating a network of underutilized spaces inside of private offices. The cofounders, a duo of Duke and Kellogg MBA grads, are at $300K ARR with a fast-growing 50+ client waitlist.

Tag.bio – Tag.bio wants to make data science actionable in healthtech. The founding team is comprised of a former Ayasdi bioinformatician and a former Honda Racing engineer with a Stanford MBA. They’ve developed a next-generation data science platform that makes it easy and fast to build data apps for end users, or as they say, “WordPress for data science.” The result they claim is lightning-fast analysis apps that can be run by end users, dramatically accelerating insight discovery. They count the UCSF Medical Center and a “large Swiss pharma company” as early customers.

nCorium – They’ve built a new server architecture to handle the onslaught of AI to come with what they claim is the world’s first AI accelerator on memory to deliver 30x greater performance than the status quo. The quad founding team is intimidatingly technical — including a UCSD Professor, and former engineers from Qualcomm and Intel with 40 patents among them. They have $300K in pilots.

Spiio – Software eats landscaping with Spiio, which combines cloud-driven AI with physical sensors to monitor watering and landscaping for big companies. Their smart system knows when to water and when not to. This reduces water consumption by 50%, which means their system pays for itself in less than 30 days for big companies. They want to connect every plant to the internet, and look like they are off to a good start — $100K in orders from brand name Valley tech firms, and they are doubling monthly.

Element42 – Fraud is a major problem — For example, if you buy a Rolex on eBay, you run the risk of winding up with a counterfeit. Started by ex-VPs from Citibank, the founders are using risk models and technologies that banks use to help brands combat fraud and counterfeiting. Designed with token economics, they also incentivize customers to buy genuine products by serving exclusive content and promotions only to genuine product holders. Built on blockchain at the core, they claim to be the world’s first peer-to-peer authentication platform for physical assets. They have 45 customers across two industry verticals, 800K in ARR and are a member of World Economic Forum’s global initiatives against corruption.

My90 – Distrust between the public and the police has rarely been more strained than it is today. My90 wants to solve that by collecting data about interactions between the police and the public—think traffic stops, service calls, etc.—and turn these into actionable intelligence via an online analytics dashboard. Users text My90 anonymously about their interactions, and My90’s dashboard analyzes the results using natural language processing. Customers include major city police departments like the San Jose Police Department and the world’s largest community policing program. They have booked $150K in pilots and are expanding aggressively across the US.

Nunetz – A Stanford Computer Science grad and UCSF Neurosurgeon have come together to try to build a single unifying interface to replace the deluge of monitors and data sources in today’s clinical health environment. The goal is to prepare a daily “battle map” for physicians, nurses, and other providers, with an initial focus on the Intensive Care Unit (ICU). They have closed 3 paid pilots with hospitals through grants.

When Labs – If you hate managing people, When Labs wants to unburden you. Using an AI-powered assistant that texts with employees to negotiate assignments for hourly work, WhenLabs is trying to free customers like Hilton from spending money on managers who would normally do this manually. As the system gets smarter, they claim employees will prefer interfacing with their AI bot more than a human. AI and HR is a crowded space, but this might be the team to separate from the pack: the founding team’s previous company had a 9 figure exit to IBM.

FirstCut – FirstCut helps businesses put video content out at scale. Video dominates social media — it creates 10x more comments than text — and is emerging as a necessity for B2B media. But putting video out if you are a B2B marketer normally requires using agencies that charge hefty fees. FirstCut wants to disrupt the agencies with software and marketplaces. They use software automation and an on-demand talent marketplace to offer a fixed price product for video content. They are at $180k revenue, and most of it is moving to recurring subscriptions.

LynxCare – LynxCare claims that 90% of healthcare data goes untapped when doctors make critical decisions about your life. Further, they claim the average person’s life could be extended by 4 years if that data can be converted into insights. Their team of clinicians and data scientists aims to do just that — building a data platform that aggregates disparate data sets and drive insight for better clinical outcomes. And it looks like their platform has fans: they are active in 9 hospitals, count Pharma companies like Pfizer as Partners, and grew 4x over the past year and now are at $800K ARR.

ADIAN – Adian is a B2B SaaS product that digitizes the complex agrochemical supply chain in order to improve the sales process between manufacturers and distributors. The company claims manufacturers reduce costs by 20% and increase sales by 4% by using their online framework. $1.5 Billion and 70,000 orders have gone through the platform to date.

Hardin Scientific – Hardin is building IoT-enabled, Smart Lab Equipment. The hardware becomes a gateway to become the hub for monitoring, controlling, and sharing scientific data across teams. They’ve closed over $1.5m in revenue, and raised $15m in equity and debt financing. One of their smart devices is being used to 3D print bio-tissues and human organs in space.

ZaiNar – This team of 5 Stanford grads — 3 PhD’s and 2 MBAs — joined up with the Co-Founder of BlueKai to build the world’s best time synchronization technology. ZaiNar claims their ability to wirelessly synchronize and distribute time between networked devices is a thousand times better than existing technologies. This enables them to locate RF-emitting devices (i.e. phones, cars, drones, & RFID) at long distances with sub-meter accuracy. Beyond location, this technology has applications across data transmission, 5G communications, and energy grids. ZaiNar has raised a $1.7 million seed from AME Cloud and Softbank, and has built an extensive patent portfolio.

SMART Brain Aging – This startup claims to reduce the onset of dementia by 2.25 years with software. They are the only company approved by Medicare to get reimbursed on a preventative basis for the treatment of dementia. In conjunction with Harvard University, they have developed 20,000 exercises that are clinically proven to reduce the onset of dementia and, they claim, help build neurotransmitters. The company works with 300 patients per week ($2.2 million annual revenue) and is building to a goal of helping 22,000 people in 24 months.

Phoneic – Phoneic believes the data trapped in voice calls from cellphones is a gold mine waiting to be unleashed. Their app records and transcribes cell phones conversations, and the company has built an integration layer to enterprise AI and CRM systems that traditionally didn’t have access to voice data. The team is led by the co-founder of 3jam, one of the first group SMS and virtual number companies, which was acquired by Skype in 2011. He is keenly aware of the power of virality — and like Skype, the use of Phoneic spreads its adoption. The company has already raised $800,000 in seed funding.

Arkose Labs – Whether or not you think Russia interfered with the 2016 election, it’s no secret that bots are having significant impact on society. Arkose Labs wants to fight fraud, without adding friction to legit users. Most fraud prevention platforms today focus on gathering info from the user and providing a probability score that the traffic is good or bad. This leaves companies with a difficult decision where they may be blocking revenue generating users. Arkose has a different approach, and uses a bilateral approach that doesn’t force this tradeoff. They claim to be the only solution to offer a 100% SLA on fraud prevention. Big companies like Singapore Airlines and Electronic Arts are customers. USVP led a $6 million investment into the company.

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Cluep, a Canadian startup that raised just $500K, acquired for $40M

Everybody cherishes a story of a bootstrapped startup author’s adventure to an eight-figure exit.

The group at Toronto-based Cluep have a decent one.

The originators of the adtech startup raised under $500,000 from holy messenger financial specialists previously pitching their organization to Impact Group for $40 million ($53 million CAD) this week.

Established in 2012, Karan Walia, Sobi Walia and Anton Mamonov were only 21, 17 and 16 years of age, individually, when they began the computerized publicizing stage, which utilizes man-made reasoning to enable brands to interface and draw in with individuals in light of what they are sharing, how they are feeling and the spots they’ve been.

They, being so youthful, battled at first to get the organization off the ground. At a certain point, the trio hacked into PCs at a college in Toronto to prepare the neural systems on a lot of informational collections since they didn’t have enough cash to purchase their own tech. On a shoe-string spending plan, they would part dinners at Popeyes to get by.

“Nobody needed to give us cash around then so we needed to live off of my understudy credits,” Walia told TechCrunch. “We did essentially everything, regardless of whether it was customizing and assembling the item, or going out and offering. I was our first deals rep and I was entirely terrible from the get-go yet I learned.”

At last, Cluep could raise enough from blessed messengers to pay themselves a compensation, enlist a couple of specialists and deals agents and move into a genuine office. Starting there, their income started developing fundamentally YoY.

2015: $2 million CAD in income

2016: $6 million CAD in income

2017: $14.5 million CAD in income

2018: On track to acquire ~$30 million CAD

They handled offers from VCs toward the finish of 2015 and considered raising an appropriate Series A series of capital, however chose remaining autonomous would prompt the best exit.

“Along these lines enabled us to essentially keep up control and exit on our terms,” Walia said.

Effect Group, a Boise, Idaho-based basic need deals and advertising organization, will work Cluep autonomously.

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Eventbrite’s IPO should encourage tech companies to get out while they still can

Eventbrite is having a serious introduction on the New York Stock Exchange at the beginning of today.

Offers of the ticketing startup, established in 2006, have shot up more than 50 percent in exchanging on the NYSE. In the wake of evaluating its offers at $23 in its underlying offering, financial specialists have offered up the stock to an astounding $37, putting the organization’s valuation at almost $3 billion.

That is well above where the ticketing organization had would have liked to be the point at which it at first set terms for general society offering prior this month.

The organization began exchanging evaluated over its offer cost and almost multiplied its valuation. Furthermore, if Eventbrite can do it, extremely any later-organize startup ought to consider general society advertises at the present time.

Execution for the San Francisco ticketing organization has been… to some degree dreary. As we noted when expounded on the organization’s putting forth:

Since the start of the year tech open contributions have been on a tear. As The Wall Street Journal noted in July, 120 organizations had raised $35.2 billion on U.S. trades by then — the best appearing for open markets since 2014 and the fourth busiest year since 1995, as indicated by the monetary information and examination benefit Dealogic.

We’ve noted before that it’s a bit astounding that financial specialists and their portfolio organizations wouldn’t take more favorable position of these overwhelming occasions. Nothing keeps going forever (not by any means chilly November rain) and positively not markets that have been this bullish for this long.

A portion of the thinking is likely on account of a market that is still flooded with private value, sovereign riches and late-arrange dollars. SoftBank has several billions to contribute; private value firms are starting to take a gander at development arrange organizations the manner in which that I take a gander at banana cream pies from Cassell’s; and adventure firms are amplifying big time to stay aware of the Joneses (or for this situation, the Blackstoneses).

Be that as it may, the fun is positively going to arrive at an end, and likely within the near future. Beginning time speculators are starting to dole out their recommendation on bringing down money consume (something that happens each time they see the start of the finish of the start of the end).

In light of that, later-organize organizations ought to search for the leave signs wherever they can discover them. At the present time, that is an IPO window that is by all accounts completely open.

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