INSUBCONTINENT EXCLUSIVE:
This is the 23rd class to graduate from Alchemist, with notable alums including LaunchDarkly, MightyHive, Matternet and Rigetti Computing
As an enterprise accelerator, Alchemist focuses on companies that make their money from other businesses, rather than consumers.Twenty-one
companies presented in all, each getting five minutes to explain their mission to a room full of investors, media and other founders.Here
are our notes on all 21 companies, in the order in which they presented:i-50: Uses AI to monitor human actions on production lines, using
computer vision to look for errors or abnormalities along the way
Founder Albert Kao says that 68% of manufacturing issues are caused by human error
other first responders, allowing them to more quickly input and share information (such as how a fire is spreading) with each other and the
Projecting $1.7 million in revenue within 18 months.Einsite: Computer vision-based analytics for mining and construction
Sensors and cameras are mounted on heavy machines (like dump trucks and excavators)
Footage is analyzed in the cloud, with the data ultimately presented to job site managers to help monitor progress and identify issues
Founder Anirudh Reddy says the company will have $1.2 million in bookings and be up and running on 2,100 machines this year.Mall IQ: A
location-based marketing/analytics SDK for retail stores and malls to tie into their apps
legal cases by analyzing the relevant historical cases of a given jurisdiction, judge, etc
First target customer is hedge funds, helping them project how legal outcomes will impact the market.Vincere Health: Works with insurance
companies to pay people to stop smoking
them with one-click approve/deny buttons that handle everything behind the scenes
The company says it currently has 400 paying customers and is seeing $500,000 in ARR, projecting $2 million ARR in 2020.Coreshell
Technologies: Working on a coating for lithium-ion batteries, which the company says makes them 25% cheaper and 50% faster to produce
body scanning via smartphone, meant to help apps do things like gather body measurements for custom clothing, allow for virtual clothing
Co-founder Jim Baldwin helped build Firewire at Apple, and co-founder Gladys Wong was previously a hardware engineer at Cisco.MeToo Kit: A
kit meant to allow victims of sexual assault or rape to gather evidence through an at-home, self-administered process
attorney general arguing that such a kit would not be admissible in court
alternatives, and that the company is projecting profitability in 2021
Focusing first on batteries for robotics, flexible displays and electric vehicles.Delightree: A task management system for franchises, meant
to help owners create and audit to-dos across locations
Monitors online customer reviews, automatically generating potential tasks accordingly
In pilot tests with three brands with 16 brands on a waitlist, which the company says translates to about $400,000 in potential
subscriptions their employees sign up for
Issues virtual credit cards, which small businesses use to sign up for services; you can place budgets on each card, cancel cards and
quickly determine where your money is going
sharing knowledge within a company, tied into tools like Slack/Salesforce/Microsoft 365
question.Onebrief: A tool aiming to make military planning more efficient
leading to ballooning team sizes
By modernizing the planning approach with a focus on visualization, automation and data re-usability, he says planning teams could be
smaller yet more agile.Perceive: Spatial analytics for physical spaces such as showrooms
Builds a sensor that hooks into existing lighting wiring to create a 3D map of a space, analyzing customer movement/behavior (without face
recognition or Wi-Fi/beacon tracking) to improve customer experiences through data.Acoustic Wells: IoT devices for monitoring and
controlling production from oil fields
Charges monthly fee per oil well
Currently has letters of intent to roll out their solution in over 1,000 wells.SocialGlass: A marketplace for government procurement
Currently working with 50+ suppliers offering 10,000 SKUs.Applied Particle Technology: Continuous, real-time worker health/safety tracking
for industrial environments
Working on wireless, wearable monitors that stream environmental data to identify potential exposure risks
Focusing first on mining and metals industries, later moving into construction, firefighting and utilities environments.
