INSUBCONTINENT EXCLUSIVE:
Earlier this week, in a beautiful garden in Woodside, Ca., the team at the five-year-old, seed-stage venture firm Pear hosted it fifth
It an event that limited to roughly 100 VCs who year after year happily fill the space to see what Pear — which has written early checks
to the &unicorn& delivery serviceDoorDash and newly public Guardant Health, among others — has up its sleeve.
As with last year, what
those investors wound up seeing on Tuesday was 15 teams, most of them six months old or younger and led by current students or recent
graduates who&d been invited by Pear to build companies over ten weeks in its Palo Alto offices
These ranged from a startup with ambitious plans to build a new commercial space station, to a machine learning-powered cloud video platform
that makes it far easier to edit video clips, to a startup that uses AI to negotiate salary discussions on behalf of its clients.
But in a
bit of a twist, this time around, Pear also featured a sprinkling of young companies that are now ready for Series A funding, including
asolar design and sales platform for residential and commercial photovoltaic systems, and a company that thinks its check-out free shopping
technology could help all kinds of Amazon rivals compete with the giant growing number ofsurveillance-powered, no-checkout convenience
stores.
In case you&re an investor or just someone interested in keeping your thumb on the pulse of what happening in emerging tech,
herewith is a quick snapshot of each of the companies that were featured as part of the program
(Well, all but one that expressly asked us not to write about what it working on
We&ll just tell you that it a kind of social network and, remarkably, it feels fresh.)
If you&re interested in reaching out to any of these
folks, you can find of all of their email addresses here.
Pre-Seed / Seed
Orion Span
Tagline: The World Private Space Station
Describes
itself as: What was once the domain of governments is now the domain of private industry
So it was with aviation and now, too, it is with space travel
SpaceX revolutionized the launch business and is worth $27 billion today
Orion Span will do the same with the destination business
Orion Span Aurora Station patented IP and operational concepts emphasize simplicity, cutting costs in extraordinary ways and improving
accessibility in ways never seen before in space station design.
Location: San Mateo, Ca, and Houston, Tx.
Employees: 5
Metrics: Twenty-six
space tourists have agreed to put $80,000 each to be on the waitlist; 1,578 media outlets worldwide have covered us; and four partners are
signed with three more on the way.
Team: Orion Span includes some of the folks who built the International Space Station
Its CEO is a marketer and entrepreneur with a few startups under his belt
Its architect designed the ISS Enterprise module
It CTO designed and built spacecraft systems for the ISS
And its COO oversaw the build of NASA Orion spacecraft as a former general manager.
Young Alfred
Tagline: Home Insurance
Marketplace
Describes itself as: Young Alfred turns the nightmare experience of shopping for home insurance online into an informed,
As a customer, you get your top three curated home insurance options from a list of more than 20 carriers and can purchase with just one
A marketplace model drives transparency, saves money, and leads to five times higher purchase conversion than a single-carrier
model.
Locations: Philadelphia and New York
Employees: 6
Metrics: Thousands of applications for home insurance a month, with 24 direct
carrier relationships across 13 states.
Team: The founders met during their first week at Wharton Business School
David comes from private equity and has experience acquiring and growing businesses
Jason is an engineer turned high frequency trader who has built trading systems for the likes of Citadel and DRW.
Aligned Carbon
Tagline:
Next 1000x computing revolution using carbon nanotube
Describes itself as: Aligned Carbon is the first company to sell carbon nanotube
wafers in a way that seamlessly fit into the nanofabrication requirements of the integrated circuit industry
The large historical gains in performance due to continued shrinking of silicon transistors are now only realizing marginal improvements
with exponentially increasing costs
This has come at a time with the push for faster and lower power computing capabilities continue to grow rapidly due to AI, AR, big-data
analytics and other memory-starved workloads
Monolithic 3D integration is the nanoelectronics industry next paradigm for computing and the sequential integration of carbon nanotube
logic with traditional silicon logic and memory is the leading technology
Performance and efficiency improvements of over 1000x are anticipated, and Aligned Carbon products solve the carbon nanotube materials
problem to revolutionize a $500B industry.
Location: Silicon Valley
Employees: 3
Metrics: Aligned Carbon has worked with over a dozen
companies and universities while developing their unique carbon nanotube products of interest to the largest chip manufacturers in the
world.
Team: Co-founded in 2018 by J Provine, Greg Pitner, and Cara Beasley, three Stanford scientists who met over a shared love for
Collectively they have over 35 years of nanofabrication research experience with universities, start-ups, and corporate giants.
Mirra
Tagline: Mirra creates products and experiences to make no-bullshit skincare easily accessible.
Describes itself as: Mirra is a skincare
platform of more than 100,000 beauty nerds who believe that the most important ingredient is transparency
By marrying content, community and commerce, Mirra empowers millennial women with the tools they need to decode the unregulated, $14 billion
After releasing a weekly skincare newsletter that grew to more than 100,000 subscribers without ad spend, Mirra is now launching an
exclusive line of skincare products.
Location: San Francisco
Employees: undisclosed
Metrics: Mirra first product is a weekly skincare
newsletter which has grown exponentially without ad spend
Now, after listening to the holes in its readers& routines, Mirra is launching its own exclusive line of skincare products next
year.
Team:Mirra is founded by Katia Ameri, a 26-year-old Stanford alumna with a background in venture capital and consumer
products.
Reduct
Tagline: AI-powered cloud video: the power of video, with the ease of text.
Describes itself as: Reduct makes a machine
learning-powered cloud video platform that anyone can use
If you can write a text document, you can search, edit, and share video with Reduct
By making tools for video creation accessible to everyone, the company aims to turn everyone favorite medium of consumption (the average
American watches six hours of video a day) into a ubiquitous mode of communication
The company is currently enabling design UX research teams to incorporate video into workflows and will create a horizontal product
targeting professionals whose profession isn&t video editing.
Location: San Francisco
Employees: 4
Metrics: Since January, the company has
acquired 35 paying business customers, including Fortune 500 companies and several technology companies valued at more than $1 billion
It says it has also processed more than 50,000 minutes of video, and customers report time savings of more than ten times what they
experience when using traditional video tools.
Team: CEO Prabhas Pokharel studied computer science at Harvard and product design at
Stanford, and has spent the last decade creating human-centered products
CTO Robert Ochshorn is a machine learning researcher who has given talks at Google Brian, Apple and Stanford
He is an alum of Cornell CS, and has held research positions at MIT, Harvard, and Alan Kay-initiated CDG Labs.
Zubale
Tagline: A platform
that empowers companies to make better product decisions in emerging markets.
Describes itself as: Zubale connects companies directly with
consumers on their smartphones to crowdsource multiple digital tasks in exchange for rewards
Companies can crowdsource tasks like in-store audits, product trial activations, and market research studies, and receive real-time
intelligence from consumers to make faster and more confident decisions
Consumers complete tasks and earn mobile phone credit and other digital rewards that they can redeem through making online
purchases.
Location: Mexico City, Mexico
Employees: 10
Metrics: Zubale launched its mobile app three weeks ago and says it has had more than
20,000 branded tasks completed already by consumers.
Team: The founders, Allison Campbell and Sebastian Monroy, have over 15 years of
expertise developing and selling new products to consumers at Walmart and Procter and Gamble
Allison launched and ran businesses for Walmart in India and led strategic initiatives across 25 countries
Sebastian led sales teams for PG in Mexico and across Latin America to distribute products to reach the millions of mom and pop shops that
make up 50 percent of spend.
Riva
Tagline: Your career advocates & helping the $2.3T job changer market
Describes itself as: Riva builds
automation to help the 41 million people who changing jobs every year — and the 5 million college seniors who graduate — negotiate their
Nearly two-thirds of people do not negotiate their job offers
And research shows that women especially tend to suffer in the negotiation process, furthering the gender pay gap
Riva builds software that can predict an employee worth and generate negotiation emails and phone scripts that can be used by the employee
to negotiate with the employer.
Location: Palo Alto, California
Employees: 7
Metrics: The average increase per negotiation is $23,000
The company is already working with several large partners including schools, engineering communities, and nursing associations to get its
product to the mass market.
Team: CEO Stephanie Young has four degrees from Stanford, including an MBA and graduate degree in computer
She previously helped launch Google AdWords Express& first ever mobile app.
LivingLab
Tagline: A shared living community offering per-room
leases in furnished property.
Describes itself as: LivingLab is a platform that enables co-living in any rental property, making it easy for
professionals to find community in shared housing
Our technology matches individuals to bedrooms in beautiful homes and then configures those properties to include furnishings, WiFi,
utilities, housekeeping and community events
We can complete this process in 48 hours
By individually pricing rooms and offering flexible lease lengths, LivingLab is able to collect 30 percent of rent for its
services.
Location: Durham, North Carolina
Employees: 6
Metrics: LivingLab says it has placed 500 users into 45 residents across 10
properties, generating on average $2,280 in recurring revenue per customer per year.
Team: CEO Mitchel Gorecki, CTO Patrick Wickham, and COO
Colin Tai.
Kick It Labs
Tagline: Building consumer apps for high schoolers and college students inspired by youth culture.
Describes
itself as: A creative lab that launching new consumer social experiences every week, inspired by youth culture, for high schoolers and
college students in the pursuit of building the next billion person consumer product.
Location: Palo Alto
Employees: Undisclosed
Metrics:
The company says its most promising and exciting experiments to date have centered around street wear, high school social products, and men
fashion.
Team:Cofounders Akshar Bonu and Sathish Nagappan among others have graduated from Harvard, Cornell, and Stanford and have been
building apps for high schoolers and college students for over a decade, they say
They have also spent time at Andrew Ng AI Lab, Nervana Systems, Amazon, Google and Intel.
Series A
Aurora Solar
Tagline: Building the
operating system of the power source of the future.
Describes itself as:More than $200 billion per year is spent on developing solar
projects through a fragmented network of solar installers, who work with financiers, equipment manufacturers, engineering service providers
Aurora software is used by thousands of solar installers to precisely quote, design and sell solar projects, without visiting the site
With the solar industry forecasted to grow over five times its curren size over the next decade, Aurora will be the platform through which
every new solar project is designed, sold, financed and serviced.
Location: San Francisco, CA
Employees: 43
Metrics: More than 50,000 solar
projects a month (totaling $3 billion in value) are created on the platform each month
More than1,500,000 solar projects have been created in the company software, it says.
Team: CEO/CTO: Christopher Hopper, is a Stanford MBA
and MEng from Imperial College; COO/CRO Samuel Adeyemo, is a Stanford MBA/MSc and former portfolio manager for JPMorganChief Investment
Office.
Thinknum
Describes itself as: Thinknum creates datasets from a broad array of public online sources, capturing ephemeral
information on the products, operating markets and labor markets of 400,000-plus global companies across sectors, and provides rich toolsets
for extracting intelligence
Data sets include pricing trends for individual products at specific retailers, such as electronics and restaurant menu items, to hiring
activity across macro industries and particular companies down to the location.
Location: New York, NY
Employees: 18
Metrics:The company
says it currently seeing $3 million in ARR, thanks to its work with more than 150 corporations and investment firms.
Team: The founders met
at Princeton University and worked at Goldman Sachs and a hedge fund before starting Thinknum.
EmCasa
Tagline: Real estate tech brokerage
in Brazil
Describes itself as: EmCasa is the only brokerage in Brazil that offers 3D tours in the vast majority of its listings, helping
buyers and sellers avoid unnecessary visits
Also, EmCasa is the only brokerage in Brazil that built a proprietary algorithm that offers online property valuations, better managing
customer price expectations and providing more accurate listing recommendations
Finally, EmCasa is the only brokerage in Brazil that charges a 3 percent commission on full-service, which is half of what other companies
charge.
Location: Rio de Janeiro, Brazil
Employees: 18
Metrics: The company says it has 650 active listings currently, versus just 20 in
January; it also says its revenue growth rate of 118 percent CQGR.
Team: EmCasa CEO, Gustavo Vaz, is a Harvard MBA and was formerly COO of
Easy Taxi and Chief Strategy of Frontier Car Group; Gabriel Laet, the company CTO/CPO, founded and sold Doubleleft, a gaming and software
development company; and Lucas Cardozo, EmCasa COO, was a former Bain Company consultant and the VP of strategy at Brasil Brokers, the
second largest Brokerage firm in Brazil.
Polarr
Tagline: Big brains in small devices
Describes itself as: Polarr is a computational
photography company that focused on computer graphics, computer vision and artificial intelligence
The company has created one of the most successful and two-time best of Apple App Store winning pro photography app; in the meantime, it
developing its own Polarr Vision Engine for internal usage, as well as helping others to build immersive C.V
experiences on the edge.
Location: San Jose, CA, Beijing, China
Employees: 25
Metrics: Profitable, tripling revenue every year.
Team: Polarr
CEO, Borui Wang has an M.S
in AI and HCI from Stanford, and is an ex-Googler at Youtube
Polarr CTO, Derek Yan, has an M.S
in EE from Stanford, and is an ex-Googler in ATAP.
Zippin
Tagline: Checkout-free shopping for every store.
Describes itself as: Zippin
vision is to transform retail by banishing checkout lines and self-scanners for good using patent-pending AI, machine learning and sensor
Its technology platform provides checkout-free shopping experience for retailers looking for a solution rivaling Amazon Go
approach.
Location: San Francisco, CA
Employees: 10
Metrics: Working store in downtown San Francisco, and POCs with several globally
recognized retail brands and real estate owners.
Team: CEO Krishna Motukuri has spent more3 than 20 years in retail and e-commerce,
including with Amazon and Naspers
Chief Scientist Motilal Agrawal is a computer vision expert from SRI International, where he led and contributed to several products used by
Defense and intelligence agencies
The company head of engineering, Abhinav Katiyar, previously spent more than 15 years with VMware.
Pictured above: Pear founders Pejman
Nozad and Mar Hershenson.
