Holding Mail.ru Group and co-founder and former CEO of Prisma Labs Alexey detention of offenders came from the shareholders of the developer of the Prisma lenses. Their shares redeemed investment company Haxus Alexei Gubarev and Yuri Gursky, who was the co-owner of service in 2016. “With the end of 2018, we restructured the company. Most of the shares purchased at the beginning of 2019. The redemption process was completed in April,” Forbes said Gubarev.
Haxus with a share of over 40% became the largest shareholder of Prisma Labs. Detention of offenders Forbes has confirmed the fact that among the shareholders of Prisma Labs. Representative Mail.ru Group declined to comment.
Forbes remembered the story of application Prisma and learned from shareholders, the development plans of the service.
Instagram is resting
On the seventeenth of June 2016 Natalia Vodianova pleased followers in Instagram selfies photo has been processed in a style reminiscent of oil painting. The picture was accompanied by the recommendation of the new “interesting applications” Prisma and memorable hashtag #integramedica.
Post Vodianova contributed to the rapid rise in the popularity of the service based on machine learning algorithm. The ability of Prisma to quickly and efficiently process the photos in the style of paintings by famous artists attracted the audience. A new app has hit the top 10 App store from ten countries and after a week and a half after the release of the collected 650 000 users, later the account went on millions. By the end of 2016, the team called Prisma Apple best app of the year, and the American Forbes included co-founder and CEO of the service Alexei Moiseenkova in the number of participants in the rating of 30 most promising representatives of the industry of consumer technology under the age of 30.
The idea for it was born from a student of MIPT Ilya Frolov, who at the end of 2015 shared it with Moiseenkova when he read in the Institute lecture. Detention of offenders then worked as a product Manager in a Mail.ru Group. Along with Frolov and former colleague on “Yandex” Andrei Usoltsev and developer Oleg Poyaganov for six months, he brought the concept to the finished product. “Starting in the spring of 2016 we are actively engaged in the development of Prisma. The process took about three months,” recalls Usoltsev, the current CEO of Prisma Labs.
At the initial stage of project development, he was responsible for product and detention of offenders for the communication with investors. The first investment has helped to attract well-known mentor, at that time Vice-President Mail.ru Group for new products Yuri Gursky. He presented the team Prisma to his friend, the owner of the company-operator of data centers XBT Holding Alexei Gubarev. “I was the first who invested in Prisma — confirms Gubarev. In February-March 2016, we have agreed that my company will provide the servers for the project and will invest money.”
The founders of the Prisma didn’t want loud run — even friends not told me, smiling Usoltsev. To recommend app Vodianova asked too Gursky, familiar with the top model and even collaborating with her as a venture capital investor. After due to the viral effect Prisma began to use millions of users at the moment, the team had to urgently solve the problem of load distribution on the servers: 100-200 instead of “scheduled” cards for data processing required six times as much. “We redeemed all of the available server capacity all data centers, including Amazon,” says Usoltsev.
Gubarev from the beginning belonged to the largest bag in the Prisma excluding shares of the founders — about 20%. After the app is “shot”, the service has also invested in the Fund Gagarin Capital Partners Michael tavera and Nikolay Davydov and Mail.ru Group. According to RBC, the employer Moiseenkova and Gursky has invested in the project up to $2 million and received a share from 10% to 25%. At the same time the Creator of Prisma left Mail.ru Group to focus on the development of the service.
Soon, in July 2016, followed by Moiseenkova left and Gursky. Representatives Mail.ru Group did not disclose the reason for the separation with an experienced Manager, but sources close to the holding, in the commentary RBC no secret that the potential participation of Gursky in Prisma as the investor has caused dissatisfaction in his leadership. Gursky himself insisted that he had participated in the development of the service only in the status of the mentor. “Yura was not involved in the project, the investor was me. It was a misunderstanding,” confirms Gubarev.
A Forbes source close to Prisma, says that the conflict Mail.ru Group Gorskim occurred before the launch of Prisma — over application MSQRD. Belarusian service on creation of virtual masks in March 2016 engulfed Facebook (the transaction amount was not disclosed), and Gursky, mentor team MSQRD, a few months earlier invested in the project $1 million, data from Crunchbase. “First, Gursky has not resulted in MSQRD Mail.Ru and earned money on this one. And Prisma was the last straw,” says the source Forbes. According to him, in the same year, the conflict was resolved.
A source close to Mail.ru Group, said “Vedomosti” that the holding company legally could claim control of Prisma, but decided not to insist on their rights. Later the social network “Vkontakte”, controlled by Mail.ru Group, started competing with Prisma application: Vinci for processing photos and video for Artisto.
In the fall of 2016 Aleksei Gubarev and Yuri Gursky has created a new company Haxus, where everyone has invested several million dollars and other assets (in particular, shares in mobile applications digital Voir cosmetics and women’s health Flo). In the beginning of 2017 Haxus has bought a stake in Prisma at XBT Holding.
By the time the project was not as good as in the beginning. For six months about a sensational application almost forgot: it dropped to a few hundred lines in the App Store (App Annie’s data) and ceased to arouse the interest of technological media. “The business generates a loss, he had debts,” says Gubarev, who at some point personally borrowed Prisma to development. “This kind of application can not permanently be on top of all the charts, so you need to work on the product, keep users,” explained Alexei detention of offenders in January 2017. Then he promised to focus on product development and technologies, not to monetize the service.
According to Gubareva, the economic crisis has called into question the very existence of the project: “it was Necessary either to close the company, or seriously restructure”. So Gubarev and Gursky decided to increase the share in the project, “to engage them more closely”. In 2017 Prisma Labs has released a new product — a set of tools for developers of visual applications using neural networks and machine learning algorithms. And in 2018, the company left the detention of offenders.
From the end of 2018 Haxus has consistently bought shares at Mail.Ru Group, Moiseenkova and a few small investors and increased its stake to more than 40% (exact figures Gubarev did not disclose). All the redemption process was completed in April 2019. Haxus became the largest shareholder of Prisma Labs, part of the shares divided among the remaining co-founders and foundations Gagarin Elysium Capital Partners and Venture Capital.
Detention of offenders engaged in the development of new applications based on machine learning Capture, the launch of which took place in July. The company raised $1 million from General Catalyst, Mail.Ru Group, Elysium Venture Capital and other funds.
In December 2018, Prisma Labs launched a new product Lensa — processing app for portrait photos and selfie with the help of machine learning algorithms. At its creation took about six months. The basic version is free to download, and the income Lensa brings paid subscription for extra features (199 rubles for Russian customers). In the spring of 2019, the Prisma Labs raised $6 million investment from Haxus.
“We are planning to seriously strengthen the team and invest in marketing and promotion of our new product Lensa on the international market”, — tells about the plans Usoltsev. Gubarev pleased with how growing the updated draft. According to him, Lensa brings the company about $0.5 million per month. By the end of the year developed by Prisma plans to reach a monthly turnover of $1 million, sums up investor.
Future “unicorns”: the 25 most promising startups according to Forbes
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Founders: Michael Granger (CEO), Jonathan Lewin, Jan Moller
Attracting investment: $53 million
Revenue for 2018: $8 million
Leading investors: Accel, Benchmark
The new York startup Chainalysis creates software for the study of cryptocurrencies, which may shed light on how people use bitcoin, Ethereum, litecoin and other digital money. Financial institutions use this technology to verify customer and regulatory compliance aimed at the prevention of money laundering. Government agencies such as the IRS and the Federal Bureau of investigation, with its help you can identify illegal operations and to make inquiries of alleged criminals. Before to unite and establish Chainalysis, 49-year-old CEO Michael Granger participated in the creation of crypto currency exchange Kraken, and the 47-year-old technical Director Jan Moller has developed a wallet for cryptocurrency Mycelium.
Founders: Arshan of Dabirsiaghi, Jeff Williams, Alan Naumann (CEO)
Attracting investment: $122 million
Revenue for 2018: $25 million
Leading investors: Acero Capital, Battery Ventures, General Catalyst, Warburg Pincus
In 2010, 52-year-old Jeff Williams in the framework of a private consulting company, Aspect began to develop a program that would automate security monitoring software. In 2014, with an ex-employee Aspect, 36-year-old Arshan of Dabirsiaghi, he founded in Los Altos (CA) the company Contrast Security. The technology developed by them code checks running mobile applications and informs developers of potential vulnerabilities. “The data which previously had to pass through security experts, now go directly to the team,” says Dabirsiaghi responsible in the company for the study. In 2016 for business expansion Contrast Security was hired as Executive Director Alan Naumann, former CEO of 41st Parameter — a startup that helps you find the online scams.
Founders: Lior Div (CEO), Yossi Naar, Jonathan stream-Amit
Attracting investment: $189 million
Revenue for 2018: $50 million
Leading investors: CRV, Lockheed Martin, Softbank, Spark Capital
The co-founder Lior Div, Yossi Naar and Jonathan stream-Amit met while serving in the Israeli army. They all served in the elite intelligence unit 8200 where he was born not a high tech startup. Doing cyber security in the army, programmers came up with Cybereason is a cloud — based platform that continuously monitors and responds to threats. The company was founded in Israel in 2012, and a year later moved to Boston. “You can do good by helping great organizations not to be in the news about how someone got hacked,” says 41-year-old Lior Div.
Founders: paras Chitrakar, Jason Wilk (CEO), John Wolanin
Attracting investment: $13 million
Revenue for 2018: $19 million
Leading investors: mark Cuban, Section 32
As a student of Loyola Marymount, Jason Wilk, who is now 34 years old, constantly left in a minus on your Bank cards. An avid user of the site Reddit, it is often seen complaints on the fees that banks charge for the overdraft. So in 2016 he launched a startup, Dave, for taking the names of the short version of the name of the winning Goliath of David (under the “Goliath” Wilk involves large banks). App Dave keeps track of the costs of the users and warns them when the balance on the cards is close to zero. Wilk hit where it hurts: in April of 2017 Dave became the “app of the day” in the AppStore. In just two years it has been downloaded nearly 10 million times. “Entrepreneurs need to look at both in search of new ideas, says Wilk. — Any idea, which can be checked on Reddit is a good start.”
Founders: Blake Murray (CEO), Alex Bean
Attracting investment: $257 million
Revenue for 2018: $8 million
Leading investors: Insight Partners, New Enterprise Associates, Pelion Venture Partners
Service Divvy competing with Concur and Expensify, offers business tools for budgeting, fraud prevention and cost management absolutely for free. Instead of charging customers a startup which is in the city of Lehi (Utah), provides companies with Mastercard and charges banks a fee when they pay for purchases. The founders (and friends since high school) BINU Alex and Blake Murray managed to attract more than 3,000 corporate clients, including WordPress, Evernote, and Qualtrics.
Founders: Luis von Ahn (CEO), Severin Hacker
Attracting investment: $108 million
Revenue for 2018: $36 million
Leading investors: CapitalG, Kleiner Perkins, Union Square Ventures
Duolingo is one of the world’s most popular platforms for language learning and crowdsourcing translation. Used by more than 28 million people a month. Most of them use the free version of the app. But the company hopes to double revenue in 2019 due to the subscription fee for a version without ads.
The CEO of Duolingo in my 39 years I managed to get a computer science Professor at Carnegie Mellon and become in 2006 the winner of the scholarship, the MacArthur is awarded to U.S. citizens from 20 to 40 years for “outstanding achievements and potential for a long and fruitful creative work.” Before establishing a company in Pittsburgh, Luis von Ahn sold to Google two inventions, one of which we know firsthand is reCAPTCHA, which helps the website to understand that you are not a robot.
Luis von Ahn is an immigrant from Guatemala. He argues that knowledge of English has radically changed his life, so he now offers free language learning for everyone.
Founders: Marcelo Cortes, Daniele Perito, Max Rhodes (CEO)
Attracting investment: $116 million
Revenue for 2018 and $100 million
Leading investors: Forerunner Ventures, Khosla Ventures, Lightspeed Venture partners, Y Combinator
In an effort to help small business Faire decided to take a chance and get rid of bulk purchasing as a phenomenon. This one company in San Francisco that helps retailers find and buy through the Internet goods and are ready to take anything that is not sold 60 days. Now the site Faire offers 35,000 products from 5,000 brands.
The General Director and former employee of Square max Rhodes 32 years. The idea Faire came to his mind after he started working in the company-the manufacturer of umbrellas in New Zealand. Rhodes has spent thousands of dollars sitting on the company’s stand at the show and convincing the owners of the shops in the US sell high quality umbrellas.
Founders: Dylan field (General Manager), Evan Wallace
Attracting investment: $83 million
Revenue for 2018: $3 million
Leading investors: Greylock, Index Ventures, Kleiner Perkins, Sequoia
Figma wants to migrate the entire design process online, to professionals no longer have to download special software and in isolation from each other to develop a schedule. The company offers designers work together, using its platform directly in the browser.
Evan Wallace is 29 years old, Dylan Field 27. They met at Brown — Wallace had just graduated, and the field dropped out for the sake of scholarship with Peter Thiel in 2012, he founded in San Francisco own company. After 5 years of Figma presented his platform professional designers.
Package for Amateur use is still free. The monthly fee for the version for professionals is $12 a month if you do design private. Editor for legal entities will cost $45. Purged Figma today are more than 5,000 design teams, including Microsoft, Volvo, Uber, Square and other companies.
“The design is similar to a viral infection: if your competitor is a great design, you have to be perfect, otherwise you’ll be broke,” says field.
Founders: Arun Chandrasekaran, Matt Elecical (CEO)
Attracting investment: $101 million
Revenue for 2018: $16 million
Leading investors: August Capital, Bain Capital Ventures, Hyde Park Venture Partners
Matt Elenjical 37 years. He received a master’s degree in School management. Kellogg northwestern University and in 2014 started my own business. His project FourKites is designed to help businesses find out where their orders when they arrive to their destination and what happens all the way to delivery. Today is the intelligent software for supply chain management used by more than 260 of the world’s leading shippers, who send over 500,000 of goods per day. Among them are Best Buy, Kraft, Heinz, Nestlé and Smithfield Foods.
“If you’re a shipper, as soon as the truck left the starting point with your product, you have no idea what happens next. So work delivery without FourKites, — says Sendikal. — You will not be able to compete with Amazon without our technology.”
Founders: Mathilde Collin (General Manager), Laurent Perrin
Attracting investment: $79 million
Revenue for 2018: $16 million
Leading investors: Sequoia Capital Uncork
Mathilde Collin is already included in the list of Forbes “30 under 30”. For the first time the idea of Front came to her after high school. “I saw how much time people spend on it, to sort letters in the mail,” she says. Therefore, in 2013 Mathilde Collin Front was founded to help companies increase productivity by connecting to a shared mailbox that aggregates messages in Facebook, Twitter and SMS.
Front have 5,000 clients, including large Shopify, MailChimp and Stripe.
Founders: sung Ho Choi David Hendler (CEO), Alberto Horiuela
Attracted investments: $145 million
Revenue for 2018 and $74 million
Leading investors: 21st Century Fox, Northzone, Sky
44-year-old David Gandler long engaged in selling online, and in 2015 launched FuboTV service designed for American viewers who want to watch matches from foreign football leagues.
To start FuboTV has launched live broadcasts of Latin American sports broadcasting network GolTV and its Portuguese counterpart Benfica TV, and then signed a deal with beIN Sports and Univision, expanding the broadcasting. Today FuboTV is available in analogue cable TV (from $54,99 a month), which offers its customers more than 90 channels.
Founders: Chris Clark, Stuart Landesberg (CEO), Jordan savage
Attracting investment: $213 million
Revenue for 2018: $104 million
Leading investors: Bullpen Capital, General Atlantic, Lone Pine Ventures, Mayfield Fund, Norwest Venture Partners, Serious Change
Ask the CEO Grove Collaborative, 34-year-old Stuart Landesberg, who is his typical customer, and he will give you a specific answer: “29-year-old mother of two, who works as a teacher in Lawrence, Kansas”. In the era of ubiquitous Amazon young startup Grove was able to win a place in the e-Commerce market in the U.S. volume of $104 million Startup that sells natural products, household chemicals and cosmetics, providing an easy way of ordering and delivery. This is not an accurate impression of the Amazon: according to Landesberg, about 60% of the revenue of the project is in goods that are not sold on Amazon. And in 2016 the Grove began to produce their own completely natural products, which already provide almost 50% of sales.
What is the secret of success? Grove produces concentrates that are cheaper to transport. For example, the cleaner for glass has a higher concentration and, consequently, a smaller volume: the size of the package is not more than a tube of toothpaste.
Founders: Augusto Marietti (CEO), Marco Palladino
Attracting investment: $71 million
Revenue for 2018: $5 million
Leading investors: Andreessen Horowitz, CRV, Index Ventures, New Enterprise Associates Kong provides access to the API of the companies (the code that developers use to create apps) and track how often they are used. 31-year-old Augusto Marietti and 30-year-old Marco Palladino created the company in a garage in Milan, where both studied at the University, and constantly flying back and forth to Silicon valley in search of investors. “Then we had barely enough money for food. We clearly lost, when just beginning,” says Marietti. Now Kong office is located in San Francisco, the company has 130 customers, including SoulCycle, Yahoo Japan and WeWork.
Founders: Jack Altman (CEO), Eric of koslow
Attracting investment: $27 million
Revenue for 2018: $7 million
Leading investors: Shasta Ventures, Thrive Capital
How corporate culture affects the results of the work of the founders of Lattice — 30-year-old Jack Altman and 28-year-old Eric koslow had learned from his own experience while working in a startup Teespring, which produces t-shirts. In 2015, they decided to create their company Lattice and release software for personnel management. Technologies allow employers through surveys to shift the focus from certification of employees in their career development.
Today, Lattice — 1300 customers, including Coinbase, Instacart, WeWork, and Slack. “Employees are looking for work makes more sense than ever before, and they have more understanding of their own capabilities and the existence of other offers on the labour market,” says Altman. Lattice helps employers to better interact with employees in such conditions.
Founders: Elton Chung, Lydia Yang (CEO)
Attracting investment: $125 million
Revenue for 2018: $46 million
Leading investors: Brookfield Ventures, China Energy Group, Sequoia
The project NextTrucking provides brokerage transportation of goods, which can be tracked online. The company founded by Elton Cheung and Lydia, Jan in 2015, the office is located in Los Angeles. While already known in U.S. startups Uber Convoy and Freight move goods from point A to point B, Next Trucking focuses on the transportation of goods in the “first mile”, i.e. the movement of goods from the port to the warehouse. “The first mile is much harder for the rest of the way, as in involved terminals and ports,” says the 38-year-old Yang.
2016 Next Trucking each year doubling revenue. Last year the turnover reached $46 million, According to forecasts, Jan, in 2019 the turnover of the project is $120 million — will help large contracts with retailers Dollar General, Rite Aid, and Steve Madden.
Founders: Jack Conte (CEO), Sam Yam
Attracting investment: $166 million
Revenue for 2018: $35 million
Leading investors: Freestyle Capital, Glade Brook Capital Partners, Index Ventures, Thrive Capital
35-year-old Jack Conte before becoming an entrepreneur, was a musician. He wants to break the stereotype of the “starving artists”, helping creative individuals to permanent income. “The decision to become an artist should not be difficult. It should be like a viable career choice,” says Conte.
With the application Patreon artists offer exclusive experiences in exchange for a fee from subscribers, or “patrons”. As users of Patreon is an actress and Director Issa RAE, founder of Humans of New York Brandon Stanton and comedian Heather McDonald. Total payments to the users by the end of 2019 could exceed $1 billion, the company expects.
Founders: Denis Mars (CEO), Simon Ratner
Attracting investment: $14 million
Revenue for 2018: $1 million
Leading investors: Kleiner Perkins Application Proxy looks like a bunch of keys in your smartphone: it gives you access to any building where you are registered, eliminating the need to carry traditional ID cards and keys. It’s a simple idea, but the Australians Denis Mars (42) and Simon Ratner (39 years old) believe that its potential has not yet been disclosed.
Among the clients of the Proxy companies involved in commercial real estate, in particular WeWork. Mars and Ratner plan to develop the technology so that it can be used for identification of persons in the services of car sharing and parties.
Founders: ofer Bengal (CEO), Yiftach Shulman
Attracting investment: $147 million
Revenue for 2018: $50 million
Leading investors: Bain Capital Ventures, Francisco Partners, Goldman Sachs, Viola Ventures
In 2011, the Israeli developers ofer Bengal and Yiftach Shulman created the service of fast access to databases. The service allows companies to accelerate the response to the queries in their applications. Redis Labs uses the so-called NoSQL, an alternative form of data compilation, which is faster than traditional models. Among users of the company service quick delivery FedEx, payment system Mastercard and other corporate giants. To quickly scale the company offered a free version of open source — this allows you to attract third-party developers. In 2013 was released a paid version — the minimum cost is $5 per month per Gigabyte. “If you want to develop quickly, you can not do without open source,” said the Bengal.
Founders: Shivaas Gulati, Josh hug, Matt Oppenheimer (General Director)
Attracting investment: $312 million
Revenue for 2018: $80 million
Leading investors: Bezos Expeditions, DFJ Venture Capital, Generation Investment Management, Naspers’ PayU, QED Investors, Stripes Group
Remitly makes money transfers, like Western Union, but charges a lower Commission of 1.5% to 5% of a giant market. The company was founded in 2011 by Matt Oppenheimer, who had previously worked in the Kenyan division of the second largest British Bank Barclays. The main purpose of Remitly is to help people in developed countries (e.g. USA or Australia) cheap to send money to third world countries — Mexico, the Philippines, etc. Today Remitly serves 60 countries and handles the transfer of $6 billion a year — about 1% of all remittances in the world. Now the startup has become one of the world’s largest FINTECH-companies focused on migrants. In the future Remitly plans to expand the range of financial services and begin to lend.
Founders: Xuan-Yun (CEO), Mike Witte
Attracting investment: $94 million
Revenue for 2018: $21 million
Leading investors: Bedrock Capital, founders Fund, Quantum Energy Partners
In the United States operates nearly 1,000 drilling rigs for oil and gas production. Each of them requires the participation of dozens of service companies and workers. Xuan Yun believes that RigUp may make the usual system of selecting contractors more efficient. A startup is helping to find suitable artists from different fields: for example, diamond miners and engineers. RigUp checks of employees and customers and takes currently about 4% of the cost of each contract through its online platform. Young is not concerned about the fact that the machine will capture the oil field: according to him, even with the development of artificial intelligence, the demand for “live” labor will continue. “After all the orders are still signed on paper,” notes young.
Founders: Stephen Hotornot, Roth Martin (acting CEO)
Attracted investments: $42 million
Revenue for 2018: $140 million
Leading investors: Goldman Sachs, Lightspeed Venture Partners
The company’s founders — Mouth Martin, the former owner of an art gallery, and Stephen Hotornot, former investment banker. Their wives complained that they can’t find stylish and comfortable shoes. Then the entrepreneurs decided to launch our own brand and to make shoes knit and recycled plastic bottles. In the third year of operation revenue from the sale of shoes Rothy”s reached $140 million
Founders: Phillip Liu, Karthik Rau (CEO)
Attracting investment: $179 million
Revenue for 2018: $25 million
Leading investors: Andreessen Horowitz, CRV, General Catalyst, Tiger Global Management
SignalFX controls the cloud infrastructure of large companies in real time. Among the clients of a startup company, Yelp, Shutterfly, and HubSpot.
The company in 2013, founded the 41-year-old Karthik Rau, who previously worked at technology startups, LoudCloud and VMware, and former developer of Facebook, 51-year-old Philip Liu. While the competitors are requesting information about possible bugs in cloud systems every two or three minutes, SignalFX warns the user of possible anomalies for 2-5 seconds before the “disaster.” “The difference between producing reliable alerts in seconds or in minutes is that you either can solve the problem, either all of your users have complained on Twitter,” says Rau.
Founders: Paul Dabrowski (CEO), Michael Dabrowski
Attracting investment: $157 million
Revenue for 2018: $20 million
Leading investors: Founders Fund, 8VC
The technology of gene editing Crispr gave impetus to the development of new market products emerging due to the cheap and easy method of editing DNA. Synthego decided to capitalize on this “gold rush” by selling the genetic equivalent of picks, shovels, maps and other tools to better create new products in this area. Ready to use kits Synthego accelerate the work of researchers in the private sector and research institutions — including helping to develop new treatments. The founders, brothers Paul (34 years) and Michael Dabrowski (38 years), previously worked as engineers in the company SpaceX Elon musk. They now apply their expertise and innovative thinking in the field of biotechnology.
Founders: Omar Afridi (CEO) and Sid Viswanathan
Attracting investment: $13 million
Revenue for 2018: $48 million
Leading investors: Initialized Capital
Truepill — a kind of Amazon in the world of pharmacies. If people order online, for example, contraceptives Nurx or shampoo hair loss Hims, most likely, will issue and will deliver this order Truepill. The startup was founded in 2017 by the pharmacist Umar, Afridi and a native of Johnson & Johnson sid Vishwanatham. Entrepreneurs saw a growing trend on digitalization of the pharmacy and began to work actively with the end users — clients of pharmacies. Now the founders plan to enter the b2b market and to earn on corporate clients.
Founders: Benjamin Berkowitz, Philip Kalizhan (CEO), James Wren, Hans Robertson
Attracting investment: $59 million
Revenue for 2018: $20 million
Leading investors: First Round, Meritech, Next47, Sequoia
While other startups engaged in technology, smart home, Verkada less than two years, has developed a new tracking system and broke into the market with an attractive offering for large enterprises, municipalities and schools. Based on cloud technology, the system involves a hybrid of software and hardware and allows you to store data and to manage the flow of the entire video information through the cloud, and share it.
The company, founded by three graduates of Stanford and former co-founder of Meraki (cloud-based startup, purchased by Cisco), in 2019 signed contracts for more than 1,000 surveillance cameras with the city of Memphis, a manufacturer of electronic cigarettes Juul Labs and the school Department town of Newtown, where in 2012 there was a mass murder in elementary school “sandy hook”.
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