Energized to announce our expenditure in Resilient Lifescience, which is taking on the opioid epidemic by building a wearable process to detect and immediately reverse overdoses. Tau Ventures is an AI-initially fund in Silicon Valley investing principally in seed and we from time to time choose before or later bets when we see huge guarantee. We are also investing in US / Canada but in outstanding scenarios will contemplate a offer outside. Resilient was founded in 2022 in Pittsburgh and impressed us with (1) a powerful will need, (2) creating an execution-focused staff, and (3) their small business tactic.
1) The Have to have
The opioid disaster is actually a tragedy that charges $1T for every 12 months, touching all the 5Ps (payors, suppliers, sufferers, pharma, policymakers). Specially, tright here are now more than 75,000 opioid overdose fatalities per year in the US, and the greater part of them manifest when no person is all over to administer assist (CDC, rand.org). We are primarily familiar with this room specified our financial investment in Marigold Health.
2) The Group
We thought the cofounder’s backgrounds communicate for themselves: https://www.linkedin.com/in/bradfordholden and https://www.linkedin.com/in/charlierproctor. CEO Brad was a Marine for 4 decades such as becoming a Platoon Commander in Afghanistan. CTO Charlie was an engineer at Google. They satisfied at Infinitus, an additional Tau portfolio business, and their CEO invested individually and is the one particular who introed us.
3) Company Tactic
Components is tough, as the bar for obtaining almost everything suitable is a great deal increased than in program, even extra so in health care. Production and distribution expenditures also build a very various charge framework than software package ventures. We see a pathway for them to get extra details and fortify the analytics / AI piece of the product. We take pleasure in the CEO’s program to do buyer discovery and subvert the basic archetype of professional medical gadgets staying money intense. We also subscribe to their thesis that getting in Pittsburgh will hold charges reduced and let them accessibility to fantastic expertise, primarily in engineering from Carnegie Mellon.
We are honored and psyched to be section of Resilient’s journey, utilizing technological know-how to address a massive dilemma. A lot more at https://www.resilient.bio.
At first released on “Information Driven Trader,” am content to syndicate on other platforms. I am the Controlling Husband or wife and Cofounder of Tau Ventures with 20 many years in Silicon Valley throughout corporates, own startup, and VC resources. These are purposely shorter articles or blog posts concentrated on sensible insights (I simply call it gldr — superior duration did examine). A lot of of my writings are at https://www.linkedin.com/in/amgarg/detail/recent-exercise/posts and I would be stoked if they get individuals fascinated sufficient in a matter to explore in more depth. If this short article had useful insights for you remark away and/or give a like on the article and on the Tau Ventures’ LinkedIn webpage, with because of many thanks for supporting our operate. All thoughts expressed here are my own.