July 25, 2024

Watchever group

Inspired by Technology

Why We Invested in Resilient Lifescience — Preventing Opiod Overdose

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Enthusiastic to announce our investment in Resilient Lifescience, which is having on the opioid epidemic by developing a wearable program to detect and mechanically reverse overdoses. Tau Ventures is an AI-initially fund in Silicon Valley investing mainly in seed and we from time to time choose before or later bets when we see enormous promise. We are also investing in US / Canada but in extraordinary conditions will contemplate a deal outside the house. Resilient was established in 2022 in Pittsburgh and amazed us with (1) a powerful will need, (2) creating an execution-focused team, and (3) their organization tactic.

1) The Need to have

The opioid crisis is genuinely a tragedy that fees $1T for every yr, touching all the 5Ps (payors, companies, individuals, pharma, policymakers). Particularly, tlisted here are now in excess of 75,000 opioid overdose fatalities for every yr in the US, and the the greater part of them manifest when no person is about to administer aid (CDC, rand.org). We are in particular familiar with this place specified our expense in Marigold Health.

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2) The Group

We considered the cofounder’s backgrounds communicate for them selves: https://www.linkedin.com/in/bradfordholden and https://www.linkedin.com/in/charlierproctor. CEO Brad was a Maritime for 4 yrs like staying a Platoon Commander in Afghanistan. CTO Charlie was an engineer at Google. They fulfilled at Infinitus, another Tau portfolio business, and their CEO invested personally and is the a single who introed us.

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3) Business enterprise Technique

Components is really hard, as the bar for getting almost everything suitable is a great deal increased than in computer software, even a lot more so in healthcare. Producing and distribution costs also produce a quite diverse value structure than software ventures. We see a pathway for them to get more data and bolster the analytics / AI piece of the merchandise. We value the CEO’s prepare to do purchaser discovery and subvert the basic archetype of health-related equipment being funds intensive. We also subscribe to their thesis that becoming in Pittsburgh will hold expenditures small and permit them accessibility to wonderful expertise, specifically in engineering from Carnegie Mellon.

blankWe are honored and excited to be portion of Resilient’s journey, working with technological know-how to fix a significant problem. Far more at https://www.resilient.bio.


Initially posted on “Info Driven Trader,” am delighted to syndicate on other platforms. I am the Controlling Spouse and Cofounder of Tau Ventures with 20 several years in Silicon Valley throughout corporates, very own startup, and VC resources. These are purposely shorter content focused on realistic insights (I simply call it gldr — superior size did read). Quite a few of my writings are at https://www.linkedin.com/in/amgarg/depth/latest-action/posts and I would be stoked if they get people interested enough in a subject matter to investigate in additional depth. If this write-up experienced helpful insights for you comment absent and/or give a like on the report and on the Tau Ventures’ LinkedIn site, with owing thanks for supporting our operate. All viewpoints expressed in this article are my personal.

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