Founder Stories – Vidora

The future of work is digital, and the demand for the skills that enable this paradigm continue to accelerate. The biggest catalyst is the adoption of Automation and AI, that holds the promise to drive trillions of dollars in economic output in the next two decades.

At the same time, skills such as Data Science and Machine Learning that are required to implement these technologies are both scarce and highly sought after.

To enable enterprises to quickly deploy and benefit from AI, our portfolio company Vidora created a platform that enables fast deployment of Machine Learning, which processes pipelines without a deep bench of data scientists and engineers. In fact, many of their larger enterprises have scaled out their deployment of automation and Machine Learning without needing large engineering and data science teams by democratizing and accelerating the adaptation, deployment and constant improvement of AI models.

Their customers include some of the largest global companies, such as Walmart, News Corp, and Realtor.com, that leverage Vidora’s proprietary technology, Cortex, which intelligently learns from continuous streams of data to drive higher ROI across the enterprise. Cortex automates the most complex aspects of machine learning workflows and enables enterprises to quickly deploy and continuously optimize event-based predictions without the need for technical expertise.

Alex Holub, Co-Founder and CEO at Vidora, studied artificial intelligence throughout his academic career at Cornell University and during his Ph.D. at Caltech. He has published over 15 academic papers and holds numerous patents in the areas of machine learning, computer vision, and artificial intelligence. Prior to co-founding Vidora, Alex was a technical and product management lead at Ooyala. You can learn more about him by viewing his Bloomberg TV interview.

Abhik Majumdar, Co-Founder and CTO at Vidora, is responsible for the roadmap and build out of Vidora’s technology platform. He graduated from IIT and UC Berkeley with a Ph.D. in Electrical Engineering, Computer Science, and Information Theory. Abhik’s work has been published and featured in over 20 journal and conference articles. Before Vidora, he was a staff engineer and technical lead at Ooyala and an instrumental part of developing the first generation Flip Video camera.

Philip West, Co-Founder and Head of Product at Vidora, graduated with a bachelors in Computer Science from Stanford where he was part of the NCAA Champion Track team. At Stanford, he learned about product, human computer interaction, and design, which helped him start his entrepreneurial journey. After graduation, Philip joined Affinity Circles as a technical co-founder. Later, he joined Ooyala, as one of the first engineers where he helped build and grow the initial video platform and team before its acquisition.

Flashback: BootstrapLabs Applied AI Conference – AI Impact on the Global South

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks portal we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage.

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

The Global South is home to some of the fastest growing economies on the planet despite being crippled by a general lack of traditional infrastructure, trade frictions, political and currency risks, and corruption. And yet, the benefits far outweigh the risks of bringing the next billion people into the Global Economy. In fact, massive investments are already being made in infrastructure, healthcare, IT, and transportation by governments, NGOs, and foundations alike. In this mini keynote and fireside chat, Chris Hale of Kountable and Jonas Svensson of UNOPS discuss how AI can empower entrepreneurs in the region by accelerating their growth, job creation, and taxable income recognition.

Presenter: Christopher Hale, Founder & CEO, Kountable

Panelist: Jonas Svensson, Head of Global Innovation and Technology, UNOPS

Some of the key takeaways from the session are:

  • The global south is a relatively new term that describes countries which are not high-income countries. They represent 5B+ people or 60% of the world population.
  • Africa’s population will double by 2050 and by 2100, 80% of the world’s population will live in Africa and Asia.
  • Entrepreneurs are engines of change in these emerging markets, but it is difficult to identify and analyze them and their behaviors.
  • Kountable built a tech platform that organizes entrepreneur behaviors as they access global markets with the help of NLP, currency forecasting, behavioral scoring & feedback loops to learn what a good trader looks like and to optimize and train against that behavior.
  • The UNOPS reach is $2B to invest globally, but to innovate inside such a large structure becomes difficult. Therefore, they invest in  innovation procurement from the private sector who are able to generate profits. The EU innovation procurement policy (2018) focuses on outcome and lifetime cost instead of upfront cost and usage which facilitates innovation.
  • Today, there is a funding gap of $15T to reach the sustainable development goals for 2030, which represents tremendous business opportunities for the private sector. This allows co-development with the UN, where private companies are enabled to keep the IP for usage in other sectors.
  • We need to make technology available and understandable by facilitating education to bridge the social gaps around the world: The motivational driver is not shareholder profit, but global change by bringing critical infrastructure to the fastest-growing markets in the world. For example, AI is used to analyze infrastructure, food waste and to predict extreme weather patterns to facilitate support.

About Christopher Hale:
Chris Hale is founder and CEO of Kountable, Inc., an SF-based start-up that combines data science, social capital and proven financial instruments to provide highly scalable financing solutions to underserved entrepreneurs in developing countries. Kountable creates a low-friction, cloud-based bridge between investors and a massive opportunity to finance the most promising and well-networked entrepreneurs in emerging economies. Chris also doubled headcount and grew assets under management almost six-fold as the COO of Perigon Wealth Management, one of 2014’s 50 fastest growing RIAs in the country, serving approximately 100 families and managing almost $1 billion in assets.

About Jonas Svensson:
Jonas Svensson is the Head of Global Innovation and Technology at UNOPS. The UNOPS Global Innovation and Technology program operates under the Social Impact Investing Initiative with the mission to facilitate innovation wherever it happens. Connecting with Global stakeholders who share the UN foundation values regarding sustainability and the understanding that Innovation happens everywhere UNOPS together with partners have created a toolkit providing Education, Incubation, Investment and Policy support.

Prior to the role with UNOPS Mr Svensson has worked within the startup industry for the past 20 years as founder, incubator manager, business consultant, investor, last as President for a Venture capital company headed out of Tokyo Japan. Mr Svensson holds a Master in Global Management from the University of Salford and is currently pursuing his PhD.

Congratulations to Cathrine Andersen and Christian Rasmussen – Roger.ai acquired by FLEETCOR, a leading global business payments company

BootstrapLabs is pleased to share that FLEETCOR Technologies, Inc. (NYSE: FLT) acquired our portfolio company Roger.ai on January 28, 2021.

The worldwide acceleration of digital transformation is creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications. Roger.ai provides businesses with an efficient way to manage bill payment and cash-flow. Roger.ai enables businesses to manage their accounts payable and vendors efficiently, by applying Artificial Intelligence to route approval of bills to the right person, detect fraud, and inject the resulting data directly into accounting or ERP systems. This saves small to medium sized businesses time and money.

Roger.ai’s two founders, Cathrine Andersen and Christian Rasmussen are serial entrepreneurs who sold their prior company, Assemblage, to Cisco in 2014. BootstrapLabs was the first institutional investor in Roger.ai in 2016 after the company was founded. BootstrapLabs has worked closely with the founders to support them in building Roger.ai to become a leading emerging company in the financial industry. With the acquisition by FLEETCOR, Roger.ai will be able to continue to build and expand their vision.

“Teaming up with FLEETCOR just makes sense. Roger is an emerging technology for SMBs, pushing the boundaries of every day processes like business bill pay and bookkeeping. Joining forces with a global payments leader like FLEETCOR gives us the power to grow and scale faster than alone”.

-Cathrine Andersen, Co-Founder and CEO

The acquisition will extend FLEETCOR’s portfolio of accounts payable automation solutions to small businesses, helping them automate their manual payment processes. The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment.

“I am excited about FLEETCOR’s acquisition of Roger.ai. I still remember when Cathrine A. pinged me and told me that she and Christian Rasmussen were working on their next thing – I loved the vision right away, and that vision grew over time to build an amazing product that help businesses manage the pain of bills, payments, and the accounting mess that often follows. Now the Roger team and vision will grow to the next level, backed by one of the largest payment infrastructure companies in the world”.

Nicolai Wadstrom, Founder, CEO & General Partner of BootstrapLabs

Below you can read the full press release:

ATLANTA–(BUSINESS WIRE)–Jan. 28, 2021– FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. The acquisition will extend FLEETCOR’s portfolio of accounts payable automation solutions to small businesses, helping them automate their manual payment processes. Read More.

AI Policy, artificial intelligence

Flashback: BootstrapLabs Applied AI Conference – How AI will place Humans at the Heart of Healthcare

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks portal we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

The application of AI in healthcare is an exciting and complex area. AI promises to streamline trial-patient enrollments and support compliance, monitor patients remotely, discover biomarkers, and deliver better, faster, and cheaper diagnoses.

Moderator Margaretta ColangeloManaging Partner at Deep Knowledge Ventures, brings together panelists:

  • Karim GalilFounder and CEO of Mendel Health;
  • Simon MacGibbonCEO and Co-Founder of Myia Labs;
  • Nada HanafiChief Strategy Officer of Experien Group;
  • Dr. John RumsfeldCIO at the American College of Cardiology and Professor of Medicine at the University of Colorado.

The conversation focuses on how AI can fundamentally change the healthcare system: moving from episodic action plans to constant monitoring, from ICUs in hospitals to Intensive Home Care Units (IHCUs) deployed in patients’ homes, from the ability to run virtual drug trials to the possibility for trials of one. Watch the video for a conversation on the most exciting and imminent areas where AI will drive positive-impact in the healthcare space.

Some of the key takeaways from the session are:

  • The university of Hawaii Cancer center is analyzing 5 million mammograms from women on 5 continents with the help of AI to identify the role of ethnicity in breast cancer.
  • By 2030 half of the US population will have a chronic condition. 50-60 million Americans will even have 5 or more chronic conditions.
  • AI has not yet disrupted healthcare delivery since electronic health records are often messy and incomplete and do not represent high quality, clean digital data. AI technology however can consider all parameters, including those that would not have been considered by a researcher or doctor. This way predictions can be made and mistakes can be avoided.
  • The earliest opportunities for AI in healthcare are:
    • Interpretations and recommendations from pre-reading images from CT, ultrasound and MRI scans.
    • Risk prediction from wearable and non-wearable biosensor data.
    • Helping clinicians prioritize steps and areas of their treatment.
  • Growing the data set is the highest barrier for healthcare AI start-ups but growing a community can help attract patients for product trials.
  • The FDA cleared a few dozen AI applications in healthcare so far which are low to moderate risk, but they need to adapt their regulatory efforts: The cycles of change through software are faster and so far only locked algorithms have been cleared which do not allow continuous learning.
  • In April 2018 an AI tool was been introduced that diagnoses diabetic retinopathy in Type I and II diabetes and delivers a diagnosis within 5 minutes thereby removing the clinician.
  • Apple’s health analytic algorithm has been cleared by the FDA because it is considered to be working on any platform while the connected sensors (on the Apple watch) have not been approved but are considered as an off-the-shelf consumer device.
  • MyiaHealth focuses on three primary use cases:
    • Predicting negative events like imminent hospitalizations.
    • Personalization of the care plan.
    • Automation of clinical groundwork.
  • Myia Health works with passive sensor wearable partners, because data is only reliable if it represents a holistic view. If a user wears a sensor only 30% of the time, it is of no value for analysis in healthcare.
  • Mendel AI improves clinical trials with vision, inferencing and NLP research to accelerate the trial process. The platform automates processes and enables trial teams to find more eligible patients.
  • The Mendel Brain organizes all data in the records in a searchable, machine-understandable format that can bridge the missing gaps in patient data.
  • One of the main challenges to approaching doctors is the labeling of AI: Doctors can become defensive because they do not understand the technical terms around AI, but if they can simply see it as a tool they are open to improve processes. Cardiologists are seen as early adopters because they are generally computationally strong, tech conscious and understand statistics.

About Margaretta Colangelo:
Margaretta Colangelo is Managing Partner at Deep Knowledge Ventures, a Hong Kong based investment fund focused on DeepTech. Investment sectors include AI, Precision Medicine, Longevity, and Neurotech. Margaretta has been President of U1 Technologies since 2007, providing the communications infrastructure for stock trading platforms used by some of the world‘s top multinational investment banks. U1’s software is used at the core of large-scale stock trading applications. Margaretta serves on several advisory boards including The AI Precision Health Institute at the University of Hawaii Cancer Center, Robots Go Mental, and Woolf University – The World’s First Blockchain University.

About Karim Galil:
Karim Galil, CEO and Founder of Mendel AI, is advancing clinical oncology research by applying AI-powered EMR data solutions to current healthcare challenges. Karim is an MD with an entrepreneurial spirit. His first company Kryptonworx led health tech in the MENA region with customers like Pfizer and the Ministry of Health in UAE. Karim has also aided companies, such as Sirona and Straumann, in the field of medical image processing.

About Simon MacGibbon:
Simon MacGibbon is the CEO and co-founder of Myia Health, an intelligent remote monitoring platform. Simon has over 20 years experience using technology to enable transformational industry change in both consumer and complex B2B settings. Prior to co-founding Myia Health, Simon co-founded the Boston Consulting Group’s Digital Ventures business, where he led the creation of numerous data-driven software platforms while growing the global team to over 500 talented strategists, designers, engineers and data scientists. Formerly, Simon was an Associate Partner at McKinsey & Co. and a leader in the systems integration area at IBM Global Services.

About Nada Hanafi:
Nada Hanafi joined Experien Group in 2017 after working 12 years at FDA’s CDRH as a Senior Science Health Advisor, serving as an expert consultant and senior advisor in the Center Director’s office. Nada combines her deep institutional knowledge with innovative approaches to help companies successfully communicate product information to FDA throughout the product life cycle. At Experien Group, Nada leverages her years of reviewer experience and broad FDA exposure, helping medical device companies generate regulatory/clinical roadmaps for success. Building upon her strong engineering background, she helps organizations devise and position product performance testing and/or clinical studies to achieve major milestones.

About John Rumsfeld:
Dr. John Rumsfeld is the Chief Innovation Officer for the American College of Cardiology (ACC) and Professor of Medicine at the University of Colorado School of Medicine. Previously, Dr. Rumsfeld served as National Director for Cardiology for the U.S. Department of Veterans Affairs (VA), and as Chief Science Officer for the ACC’s National Cardiovascular Data Registry (NCDR) programs. Dr. Rumsfeld has more than 330 scientific publications and is past-Chair of the American Heart Association’s Quality of Care and Outcomes Research (QCOR) Scientific Council.

Congratulations to Sabrina Atienza and George Ramonov – Qurious.io acquired by Pegasystems, Inc

BootstrapLabs is pleased to share that Pegasystems Inc. (NASDAQ: PEGA) has announced the acquisition of Qurious.io on January 11, 2021. 

The worldwide acceleration of digital transformation is creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications. Qurious.io analyzes voice calls in real time to enable customer service teams to have a better understanding of conversations and customers’ emotions.

BootstrapLabs was one of the first institutional Investors in Qurious.io in 2016, after the company was founded with initial funding from angel investors that included serial entrepreneurs, and early Google team members. BootstrapLabs has worked closely with founders Sabrina Atienza and George Ramonov to support them in building Qurious.io, and the acquisition is a recognition of the incredible talent in Qurious.io.

Sabrina Atienza, Founder and CEO at Qurious

“We’re thrilled to join Pega and deploy our real-time voice A.I. technology for the world’s largest brands, accelerating their digital transformation and improving customer service, sales, and productivity. BootstrapLabs has been a terrific and supportive investor in our journey, a true partner at every step.”

The acquisition allows Pegasystems to gain access to the incredible talent and technology that Qurious.io has created to empower hundreds of the most important brands in global business with intelligent speech analytics.

Nicolai Wadstrom, Founder, CEO & General Partner of BootstrapLabs

“Working with Sabrina and George to support them in building Qurious.io has been a privilege and they are adding world class real time voice technology and expertise to Pegasystems’ product family through this acquisition”.

Below you can read the full press release:

CAMBRIDGE, Mass., Jan. 11, 2021 /PRNewswire/ — Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced its acquisition of Qurious.io, Inc., a cloud-based real-time speech analytics solution powered by artificial intelligence (AI) for customer service teams. Read More.

Announcing BootstrapLabs’ investment in Hayden AI Technologies, Inc.

SAN FRANCISCO, CALIFORNIA, Oct 13, 2020 – As cities across the globe announce their commitments to becoming smart and safe, technologies enabling this future emerge.  

Today, BootstrapLabs announced our latest investment – Hayden AI Technologies, Inc, a company that empowers cities on the path to becoming Smart Cities through their unique AI platform.

The funding round also includes investors Autotech Ventures, Tsingyuan Ventures and others, and will enable Hayden AI to accelerate their product development, helping cities eliminate traffic fatalities and improve efficiency.

Founded by Chris Carson, Bo Shen, Vaibhav Ghadiok, and Michael Byrne, Hayden AI revolutionizes urban mobility, providing cities a scalable and more efficient way to bring safe, healthy, and equitable mobility to the public.  Using edge computing and AI to process real time data from mobile cameras, the platform is able to create vast and detailed situational awareness for cities at a fraction of their current fixed camera cost.  Coupled with a knowledge and reasoning engine that fully automates the detection of any kind of traffic violation, the solution eliminates the need for human review, inherently filtering out bias and inefficiencies.

“We envision a world with safe roadways, efficient transportation, and fair and equitable mobility for all.  Leveraging our expertise in the autonomous vehicle space, we’ve created technology that does just that,” said Chris Carson, Co-Founder & CEO of Hayden AI.  “This funding enables us to connect additional smart cities and move forward with our vision.”

“Hayden’s unique ability to use computer vision and AI to extract data and knowledge from the physical environment of cities is the key for Smart Cities to become a reality,” said Nicolai Wadstrom, Founder and General Partner of BootstrapLabs. “Hayden’s platform is making cities smarter, their traffic flows safer, faster and more efficient.”

Hayden AI also announced that Stuart McKee is joining the executive team as COO, and Anthony Foxx has joined the company’s Board of Directors.

Stuart McKee served for more than 15 years as Microsoft’s Chief Technology Officer of U.S. State and Local Government, delivering technologies that advance state and local agencies’ ability to serve citizens.  Turning his attention to bringing Hayden AI to market, McKee sees a clear path, “Centralized, secure data is key to creating solutions that work broadly for public safety and urban mobility.  Hayden AI has the pieces in place ensuring the accuracy, scale and privacy necessary for universal adoption of this trusted platform.” 

Anthony Foxx served as the 17th US Secretary of Transportation, where he embraced technology by pushing forward new rules governing the commercial use of drones, blueprinted the most comprehensive national policy on autonomous vehicles in the world, and launched the Department’s first, and the Administration’s most successful, Smart City Challenge, engaging more than 70 cities to develop their own strategies to incorporate new technologies into their transportation networks.

“I look forward to joining Hayden AI to continue to tackle urban mobility challenges,” said Foxx.  “Their solution not only scales a city’s ability to create safer, more efficient traffic flows, but also addresses the very real issues of fair and just mobility.”

“Both Stuart’s experience bringing enterprise level technologies to state and local agencies, and Anthony’s expertise managing transportation policy, technology, and public-private partnerships will be invaluable as we continue to develop our solutions and expand our reach,” said Carson.

About Hayden AI

California-based Hayden AI Technologies, Inc. has developed an artificial intelligence-powered data collection platform for smart and safe cities to make their traffic flow faster and far more efficiently. The company is partnering with the world’s most innovative cities to deploy its vision-based mobile solution in a city’s fleet of vehicles to collect real-time data for the enforcement of traffic laws and other data services. 

To learn more about Hayden AI, visit www.hayden.ai

About BootstrapLabs

Established in 2008, BootstrapLabs is a leading early-stage Venture Capital firm based in San Francisco and focused on Applied Artificial Intelligence.

BootstrapLabs invests in mission-driven founders who want to shape a better future by applying artificial intelligence to solve some of the world’s most important and valuable opportunities in sectors such as Mobility, Enterprise Productivity, Cybersecurity, Intelligent Computing, Health, Energy, and FinTech, among others. We are often the first institutional capital and act as a lead investor at the early stages, with follow-on capital for the later stages. 

Founded by entrepreneurs for entrepreneurs, BootstrapLabs has built a large community of Applied AI experts, founders, and executives to support its portfolio companies, and strives to be the most helpful and strategic investor, from product-market fit advisory to recruiting, business development, go-to-market strategy, and fundraising.


Join the BootstrapLabs Applied AI community online

BootstrapLabs has released several videos featuring interviews and presentations from new and past events on its online proprietary platform, BootstrapWorks.

BootstrapWorks is a community-centric platform that brings together the BootstrapLabs Applied AI community – a place where AI founders, executives, and investors can share insights, learn, and build great companies.

Latest video release: Applied AI and Intelligent Communities

Please sign in with LinkedIn to watch the video, receive future event invites, watch footage from BootstrapLabs Applied AI Conferences, and discover Fireside Chat sessions with portfolio founders.

Today, startups are able to use AI to more efficiently and successfully engage, manage, and empower communities to deliver next-generation services and create new business models. From virtual hospitals managing thousands of lives in real time, to community-centric networks powering the internet of things at the edge, or more sustainable energy production and smarter consumption. Intelligent communities will no doubt be at the heart of our new digital society and AI will play a major role in accelerating this transformation.

Speakers include:

  • Ben Levy, Co-Founder and General Partner, BootstrapLabs
  • Natalia Olson-Urtecho, Chief Strategy,  Innovation Officer and Co-Founder, The Disruptive Factory
  • Simon MacGibbon, CEO and Co-Founder, Myia Health
  • Micha Benoliel, CEO and Co-Founder, Nodle

More about BootstrapLabs Applied AI Insiders Series

BootstrapLabs Applied AI Insiders Series are quarterly, invite-only, networking events with thought leaders from our community sharing their latest insights and real-world applications of Artificial Intelligence across industries in which we invest. The fourth Industrial Revolution is already creating billions of dollars in opportunities and will impact people, corporations, and society in profound ways; the question is, what are you doing about it today?

More videos available at https://bootstrapworks.com/

Announcing BootstrapLabs Applied AI Insiders Series: Applied AI and Intelligent Communities – Webcast

Applied AI and Intelligent Communities

Today, startups are able to use AI to more efficiently and successfully engage, manage, and empower communities to deliver next-generation services and create new business models. From virtual hospitals managing thousands of lives in real time, to community-centric networks powering the internet of things at the edge, or more sustainable energy production and smarter consumption. Intelligent communities will no doubt be at the heart of our new digital society and AI will play a major role in accelerating this transformation.

BootstrapLabs Applied AI Insiders Series are quarterly, invite-only, networking events with thought leaders from our community sharing their latest insights and real-world applications of Artificial Intelligence across industries in which we invest. The fourth Industrial Revolution is already creating billions of dollars in opportunities and will impact people, corporations, and society in profound ways; the question is, what are you doing about it today?

Come join us to learn more about how Artificial Intelligence will revolutionize the very fabric of our society, and influence economic models by establishing the digital infrastructure to intelligently create, engage, and manage communities.

EVENT LOGISTICS UPDATE

Following precautionary measures surrounding the COVID-19 (Coronavirus), BootstrapLabs, together with its event space partner, Wilson Sonsini Goodrich & Rosati, has decided to cancel the physical gathering of this event, and instead would like to invite everyone to join this Applied AI Insiders Series via a webcast starting at 5:00pm PDT Wednesday, March 11, 2020.

The event will start a bit earlier than initially planned so people can join at the end of their workday, and will end shortly after 6:15pm PDT.

In an effort to facilitate present and future networking opportunities for webcast attendees, BootstrapLabs will share contact list information of all attendees with fellow live attendees who have opted-in.

Or contact: events@bootstraplabs.com.

AGENDA

  • 5:00 pm – 5:05 pm | Greetings
  • 5:05 pm – 6:05 pm | Guest Keynotes + Q&A
  • 6:05 pm – 6:15 pm | Recap and Closing

SPEAKERS

Ben Levy, Co-Founder and General Partner, BootstrapLabs

Ben has been actively investing in technology startups and supporting BootstrapLabs’ portfolio companies. Born in France and living in Silicon Valley for the past 20 years, Ben is a repeat entrepreneur who launched, built and exited two startups in the financial technology space.

Earlier in his career, Ben was an Investment Banker who advised CxOs of Fortune 500 companies and startup founders on corporate strategy, financing, and M&A. His banking experience spans across firms like Lazard, SG Cowen, Houlihan Lokey, Wedbush Securities, and QuantumWave Capital.

Ben is also a member of AAAI (Association for the Advancement of AI), and a frequent keynote speaker on innovation, technology investing, entrepreneurship, and artificial intelligence in the US, Europe, and Asia.

Natalia Olson-Urtecho, Chief Strategy,  Innovation Officer and Co-Founder, The Disruptive Factory

Natalia Olson-Urtecho is a serial entrepreneur with more than 20 years of experience working with international, regional and local entities in Latin America, Central Europe, Asia and the U.S. She is an expert in smart cities, finance, government, international diplomacy, commercialization of technologies, Blockchain, Artificial Intelligence, mobility, public engagement and infrastructure. She is the Co-Founder of the Disruptive Factory and the COO of the RadicalxChange Foundation. She was appointed by President Obama as the SBA Regional Administrator managing yearly 35 billion dollars in government contracts and 8 billion in loans for SMEs. She was responsible for delivery and management of small business programs, development initiatives and financial assistance, overseeing 180 SBA offices. Natalia was appointed to Philadelphia’s Planning Commission and served as the Vice Chair of the Zoning Code Commission. She was appointed to the U.S. Innovation Advisory Board to advise Congress and the White House on competitiveness and innovation. She has been honored with numerous prestigious awards such as Woman of Distinction for her work in sustainable infrastructure & the green economy.

Simon MacGibbon, CEO and Co-Founder, Myia Health

Simon MacGibbon is the CEO and co-founder of Myia Health, a predictive and personalized health monitoring platform for virtual patient care. Myia uses machine learning to transform streams of real-world health data into timely and actionable clinical insights.Simon has 25 years of experience using technology to create data driven products and transform enterprise capabilities. Prior to co-founding and leading Myia Health, Simon co-founded the Boston Consulting Group’sDigital Ventures global team. At BCGDV, Simon led teams responsible for imagining, building, and commercializing new technology platforms to help some of the world’s most influential companies innovate like startups. Simon was formerly an Associate Partner at McKinsey & Co.and led CRM and analytics implementations with IBM. Simon’s belief in the applied benefits of physiological measurement surfaced in the 1990s, while studying neuro psychology and as an exercise physiology researcher and subject at Otago University. Simon has a BSc from Otago University in New Zealand and a BA (Hons) in Applied andIndustrial Psychology from the University of Canterbury.

Micha Benoliel, CEO and Co-Founder, Nodle

Micha is a visionary and serial entrepreneur focused on building Nodle, a global and decentralized wireless network for connecting IoT devices to the internet. Prior to founding Nodle, he enabled Skype to launch Skype In and Skype Out and built several ventures and products in the space of telecommunications, networking and the Internet: Open Garden, FireChat, and PiperChain (Sold to RightMesh).


BootstrapLabs at Davos 2020

Nicolai Wadstrom, Founder and CEO of BootstrapLabs, will be speaking on stage at the TechPark Davos Conference 2020, Global AI Thought Leaders Stream – Hyperconnected Humanity a side event in Davos, Switzerland during the World Economic Forum. 

With the perspective as Founder and CEO of the leading Venture Capital firm in Applied Artificial Intelligence, Nicolai will talk about how our world is going from Automation to Autonomous, and how that will impact people, organizations and society.

TechPark Davos 2020 Conference, the Strategic Council for Business and Economics brings hundreds of thought leaders, think tanks, tech & industry experts, and innovators together to focus on Artificial Intelligence, EduTech, MedTech, and Fintech, and turn these to societies’ best advantage worldwide. This conference, taking place parallel to the World Economic Forum (WEF) in Davos, offers a great opportunity to intensify the conversation around Artificial Intelligence on one of the highest global levels possible.

To sign up for our mailing list, click here.

BootstrapLabs at World Bank – Digital Mashreq Forum

Luigi Congedo, Principal, at BootstrapLabs, will be speaking during the Digital Mashreq Forum, hosted under the patronage of HRH Crown Prince Al Hussein Bin Abdullah II, the Ministry of Digital Economy and Entrepreneurship in Jordan, and the World Bank Group.

Luigi will share his story and explain how BootstrapLabs has become a leading Venture Capital firm in Applied Artificial Intelligence, and how the firm helps startups to successfully scale globally from Silicon Valley.

This two-day high-level event will serve as a platform to discuss the role of digitalization in shaping the region’s future through the lens of government and business leaders.

The Digital Mashreq Forum will bring together partners from governments and private sector representatives from Jordan, Lebanon, and Iraq as well as executives from international and regional businesses and investors. Many tech leaders will join Luigi on stage, including, Omar Razzaz, Prime Minister of Jordan, The World Bank Chief Economist, Rabah Arezk, Mr. Osama Al-Zoubi, Chief Technology Officer, CISCO, MEA, Mr. Diego Massidda, CEO, Partner Markets at Vodafone Group, and many others.

The event will take place on June 29 and 30, 2019 at the King Hussein Business Park in Amman, Jordan.

Follow the discussions via #DigitalMashreq

To sign up for our mailing list, click here.

BootstrapLabs To Speak at The SuperReturn US East Private Equity Venture Capital Conference

BootstrapLabs Co-Founder, Benjamin Levy, will be speaking at the SuperReturn US East Private Equity Venture Capital Conference in Boston, on June 11th, 2019.

The conference will bring together over 450 of the leading players in Private Equity and Venture Capital from the West Coast, for an unparalleled opportunity to meet, learn, and create new business ventures.

Ben, along with other leading industry experts, will share their strategies and discuss key issues during a session called: A.I. will radicalize VC and PE.

More about Ben Levy:

Ben Levy is the Co-Founder and Managing Partner of BootstrapLabs, a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. Ben is a repeat entrepreneur who launched, built, and exited two startups in the financial technology space. Praedea Solutions, a data mining and machine learning startup acquired by Mergent in 2006, and InsideVenture, an information portal for venture-backed pre-IPO companies and institutional investors, acquired by Second Market/NASDAQ in 2009.

Early in his career, Ben was an Investment Banker who advised CxOs of Fortune 500 companies. Over a period of 10 years, Ben helped his clients raise over $300M and close over $5B in M&A transactions. Ben worked at Lazard, SG Cowen, Houlihan Lokey, Wedbush Securities, and QuantumWave Capital.

Ben is a member of the AAAI (Association for the Advancement of AI), and a frequent keynote speaker on innovation, technology investing, entrepreneurship, and artificial intelligence in the US, Europe, and Asia.

 

AI, Geopolitics, and National Security:

Your Information and Your Nation

Hacking is on the world stage again this week after Julian Assange, founder of WikiLeaks, was arrested in London and accused by U.S. authorities of conspiring with former Army intelligence officer Chelsea Manning leading to what is described as “one of the largest compromises of classified information in the history of the United States.” While some see Assange’s case as one strictly about freedom of speech and others see it as a question of security, his arrest brings the reality of hacking back into the spotlight, reminds governments and citizens alike about the potential vulnerability of the information they have stored digitally.

Experts suggest that this vulnerability can be pinned on the lack of attribution models, an integrated identity, and the complexity of establishing global privacy and ethical standards within the core building blocks of the Internet. While the general public watches tensions between super-powers mount on the international stage, trade tensions escalate, and the frequency and severity of cyber attacks amplify, what most don’t know is how artificial intelligence is playing an increasing role and intensifying what is at stake. This, of course, has not been lost on those in both the private and public sector who understand that how governments and the private sector engage with AI may very well dictate their future economic strength and security posture.  And yet, while many countries are active in AI, only a few have a planned national strategy for employing the technology.

As nations continue to invest in the implementation of AI, geopolitics will change irreversibly. But how remains to be seen. Experts from the United Nations and World Economic Forum explain what plans nations are already making at this year’s annual BootstrapLabs’ Applied AI Conference.

It is a critical time for nations as AI technology is rapidly developing and has already contributed to the exacerbation of state actors, terrorist organizations, and criminals’ political and ideologically motivated use of the internet for financial gain and power grabs. And when projecting into the future, some think things will only escalate, “Eventually geopolitics will no longer be territorial…but will reside mainly in the neuro- technological complex. We need to prepare ourselves for fierce power battles… plots, power grabs, secessions, manipulations, traitors and malevolence that will make the Wannacry and Petya viruses of spring 2017 seem harmless in comparison.”

But AI can also be applied as a method to not only alleviate such threats, but also strengthen our existing digital infrastructures and create stronger platforms for the future stability, economic prosperity, and security of our society, companies, and citizens. In a fireside chat at AAI19, specialists from U.S. Department of Homeland Security, Quantum Vault Inc., Atlas Organization, and MobiledgeX join to discuss what the industry can anticipate in the next few years across the security domains that AI will impact.

To further unpack the relationship between AI and national security, panelists from the Technology for Global Security, U.S. Department of Homeland Security, and Defense Innovation Unit discuss key topics covered in the annual unclassified US National Intelligence Report and what they are doing within their respective organizations to accelerate the discovery, development, vetting, adoption, and deployment of AI and other new technologies in service of protecting American lives and interests around the world.

Want to learn more about how to become engaged, what you can do, where you should look to get involved and have a broader impact, and how the Defense Innovation Unit and Department of Homeland Security are making it easier for companies to get engaged and navigate the federal marketplace? Then join us this Thursday at BootstrapLabs Applied AI Conference.

Trains, Planes, and Automobiles:

 

The Necessity of Real-Time Processing in Autonomous Vehicles

When thinking about autonomous vehicles, it’s easy to focus on driverless cars, how your commute to work will change, how your drives with the family will be filled with board games instead of “are we there yet?” The technology has been parodied in the HBO show Silicon Valley, is roaming the streets of San Francisco and Hamburg, and is the unforgettable protagonist in a vehicular accident that led to a man’s decapitation.

Whether you are trepidatious or excited, self-driving technology is inevitable. For the folks working to get the technology ready for wide-spread deployment, the trick is making sense of the road in real time, not if the driver’s seat can rotate to face backwards.

Ultimately, the concept of a driverless vehicle is simple, a vehicle that drives itself. But the mechanics of how that vehicle drives all by itself is where the challenge lies. In order to work without human intervention, driverless vehicles are “permanently surveying the road and sending relevant bits of information up to the cloud,” explains Christoph Grote, SVP of Electronics at BMW. But the trick is knowing and catching the “relevant” information. And this is not easy.

AEye, an artificial perception technology company, focuses their work specifically in the space of creating tech that is able to abstract and extract meaningful and necessary information from a car’s environment. Namely, they are creating AI-enabled sensors that enable vehicles to “think like a robot, perceive like a human” – seeing, classifying, and responding to an object, whether it is a parked car, or a child crossing the street, in real time and before it’s too late.

What AEye understood, is that in order to create technology that can perceive like a person and think like a robot they needed a rocket scientist (almost) literally. The Chief Scientist at AEye, Dr. Allan Steinhardt, serves this function. Dr. Steinhardt is an expert on radar and missile defense, including ground moving target indicator radars (so, a radar and missile scientist if you want to get nit-picky about the rocket analogy); space surveillance; and he is the former Chief Scientist for DARPA.

At this year’s BootstrapLabs Applied Artificial Intelligence Conference, Dr. Steinhardt delivers a keynote on how transportation AI is uniquely different from other applications of AI. In addition to exploring how AI is augmenting the collection and interpretation of environmental data the car must process, he will also address the very environments these autonomous vehicles will be driving in: the cities of the future.

It is easy to get fixated on the gadget. We are primed to want the newest artifact of technology, be it the newest phone, scooter-rideshare, or smart speaker. What is easily forgotten is the network that these technologies rely on. Up until now, the landscape of things needing internet connectivity has been able to rely on either WiFi or 4G. Autonomous vehicles, and the reams of data they are reliant on processing and distributing, require much more bandwidth. Christoph Grote explains that driverless cars are continuously gathering data from their environments, “generating a true, real-time map of a car that is pushed down to all the other cars…autonomous driving is not the capability of a car, it is really about swarm intelligence.” And in order to do this, autonomous vehicles will need to be able to connect to 5G.  

The cities of the future will be increasingly optimized to support automated functionality, including autonomous driving. But how, you ask? Join Dr. Allan Steinhardt’s keynote at AAI19 to find out.

Human Capital in the Age of Artificial Intelligence

Will Your Job be Taken Over by Robots?

In 1589, a British inventor introduced his invention, the Knitting Machine, to the Queen of England expecting to be granted a patent. Instead, she replied, “Consider thou what the invention could do to my poor subjects. It would assuredly bring to them ruin by depriving them of employment, thus making them beggars.”

The fear that technology will displace workers is not a new fearbut it is certainly a trending-fear, with a web app to match. Workers are not unfamiliar with skepticism about how new technology will change their job or make it obsolete. But the true fear the workforce has about new technology, especially automation, is not about losing a job, but about having an employable skill set. And from there, it is a slippery slope to worrying about becoming destitute.  

In 2013, researchers at the University of Oxford estimated that 47 percent of US employment is at “high-risk” for complete automation within two decades. Should their estimations be correct, we can expect that roughly 65 million Americans will not only be out of a job, but will have been asked to leave their jobs because their skill set had become obsolete, taken over by automation. Given that these are conservative estimates, perhaps it is time to get worried.

But not so fast.

Despite the dreaded prediction, that over 500 million people worldwide will lose their jobs in the first wave of the Fourth Industrial Revolution (4IR) to automation, experts agree that people, with their inherently human social savvy and creativity, will continue to remain the main drivers of innovation.

At this year’s BootstrapLabs Applied Artificial Intelligence Conference, experts from companies working to manage the transition to automation and insiders at companies like Facebook, Adobe, and Microsoft working internally to prepare for this upcoming shift in their workplaces, will discuss the Future of Work in the Age of AI.

Industry thought leaders, like Oliver Brdiczka who is building Adobe’s AI assistant and Noelle LaCharite who is working to educate developers for Microsoft about AI, are dedicated to making AI understand and respond to human behavior. Rather than sacrificing human intelligence to the might of AI, as science fiction might have us believe is our inevitable future, they are focused on harnessing human intelligence. This new wave of AI, called Contextual and Conversational AI, trusts that artificial intelligence is hardly intelligent without human intelligence, cementing the future for human capital. In fact, valuing human intelligence aids in securing human capital’s place as the most valuable resource of any company.

And yet, even if human intelligence dominates work culture, the working landscape is still destined to change in the face of artificial intelligence and machine learning technology in the workplace. And it’s going to change fast. In fact, it is the industries that are most increasingly reliant on automated work, that will need to most-quickly consider how to adapt in stride with the developments of AI and how to rethink frameworks for sound management in a world of work supported by automation, lest failure. That’s where Dinkar Jain, Head of Machine Learning for Facebook Ads, is focusing his attention: the future of management and business practices in the Age of AI.

Despite the centuries-old hesitations of the labor force surrounding the adoption of new technology, historical data shows that technology has actually created more jobs than it has displaced or made obsolete.

But the big question in a time where artificial intelligence and machine learning are leading rapid developments in automation is: will it be different this time?

Find out from the experts, and learn how to prepare and transition today’s human capital into their roles of tomorrow at AAI19.  

 

Get your tickets today, For a limited time, get 50% off on registration using promo code: AAI1950Percent

BootstrapLabs AAI18 Keynote and Fireside Chat – SoftBank Robotics AI Vision 2020

Don’t miss this year’s Applied AI Conference 2019

on April 18th in San Francisco

Join thought leaders leveraging AI applications to build the future of enterprise, corporations, governments, and society as we know it.

For a limited time, get 50% off on registration using promo code AAI1950Percent

 

 

In the meantime, please enjoy some of our favorite sessions from 2018:

Speakers:

  • Steve Carlin, Chief Strategy Officer, SoftBank Robotics
  • Ben Levy, Co-Founder, BootstrapLabs
  • Doug Aley, Chief Revenue Officer, Ever AI

During this session, the speakers discussed AI in robotics, and where SoftBank sees the future going in the next few years, some of the key challenges in hospitality and how companies can partner with SoftBank and the 2020 Vision.

Some of the key takeaways from the session are:

  • Contextualizing data is going to be a key differentiator in AI technologies moving forward like conversational UX and deciphering customer intent.
  • Robotics has the capability to disrupt the key revenue-driving experience for over 20 trillion dollar industry.
  • Be hyper focused in the use cases your technology will be able to solve instead of covering a wide range.

About Steve Carlin:
Steve Carlin leads SoftBank Robotics America and is the global Chief Strategy Officer. In this role, he acts as the General Manager for the Americas region and oversees global marketing, product and strategy. Carlin most recently came from Facebook where he held the role of Global Head of Strategy – Gaming. Prior to Facebook, Carlin was the Senior Director of Marketing and Insights for Ubisoft. He also held a series of roles in sales, shopper marketing, brand management, and strategy at Energizer and Procter & Gamble. He holds a BA in Geology from Miami University in Oxford, Ohio, and an MBA in Marketing and International Business from Goizueta Business School. He has also studied at Cornell, HEC business school in Paris and the UIBE business school in Beijing.

About Ben Levy:
Ben is a Co-founder and Partner at BootstrapLabs, a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. Prior to BootstrapLabs, Ben was repeat entrepreneur who launched, built, and exited two startups in the financial technology space, Praedea Solution and InsideVenture. He also was a Technology, Media, and Telecom Investment Banker who advised startup founders and CxOs of Fortune 500 companies on corporate strategy, financing, and M&A. Over a period of 10 years, Ben helped his clients raise over $300M from institutional investors and close over $5B in M&A transactions. Ben is a frequent keynote and panel speaker on innovation, technology investing, entrepreneurship, artificial intelligence, and globalization in the US, Europe, and Asia.

About Doug Aley:
Doug Aley has spent his career helping to found, lead, and scale startups. He is currently Ever AI’s CRO and a principal at Atomic Ventures. Prior to Ever AI, he held positions early in his career at Amazon, was VP of Marketing, Product, and Business development at Jott Networks, helped Zulily scale from $100M to $700M as VP of Product and Corporate Development, held the same role at Room77, and started and led Minted’s digital growth team. Mr. Aley holds a BA from Stanford University and an MBA from Harvard Business School, and lives in Greenbrae, CA with his wife, Susan, and their two boys.