Founder Stories – GetAccept

GetAccept – Applied AI and Enterprise Productivity

Historically there has been a perception that if an employee was not in the office, they were not working. This year’s pandemic has forced millions of companies across the globe to shut down their offices and ask their employees to work remotely. Yet, contrary to expectations, many organizations, large and small, have experienced a boost in productivity, primarily driven by the adoption of new software technologies.

Stocks from enterprise productivity software companies such as Zoom (ZM +487%), Docusign (DOCU +205%), Okta (OKTA +113%), and Slack Technologies (WORK +89%) have displayed impressive gains this year – and reflect a clear signal that economies and their businesses have not stopped working, but transformed into a more digital and decentralized enterprise model. The worldwide acceleration of this digital transformation is in turn creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications.

For the past five years, BootstrapLabs has been investing in AI applications that are accelerating Enterprise Productivity and defining the Future of Work. One of our portfolio companies – GetAccept – has been helping companies accelerate their sales throughout the pandemic, and recently raised a $20M Series B round led by Bessemer Venture Partners, with participation from existing investors such as BootstrapLabs, DN Capital and Y Combinator.

GetAccept helps small and medium-sized businesses, and their sales reps, close more deals remotely by enabling, prioritizing, and automating more personalized, engaging, and convenient asynchronous sales communication and contract execution.

GetAccept has been a BootstrapLabs portfolio company since 2017.

Samir Smajic is co-founder and CEO at GetAccept. He has more than 10 years of experience in CRM solutions. He has prior experience working with co-founders at Lime Technologies AB. Samir received a Master of Science in Mechanical Engineering at Lund University.

Jonas Blanck is co-founder and CTO at GetAccept. Jonas prior served as CTO and worked for over 10 years in email marketing and has developed solutions for email designing, deliverability enhancement and advanced email marketing. Jonas received a Bachelors of Science in Computer Science at Lund Institute of Technology.

Carl Carell is co-founder and CSO at GetAccept. Carl co-founded Adsensus Denmark and helped the company to expand across Norwegian, Finnish, and Danish markets. He has over 10 years of experience in Sales & Marketing. Mr Carell received a Bachelors of Science in Business Administration concentration in Finance at Lund University.

Mathias Thulin is co-founder at GetAccept. Mathias founded Apsis ProspectEye, one of the most successful lead generation and marketing automation platforms in the Nordic countries. He has over 10 years of experience in Sales & Marketing. Mathias received a Master of Science in Engineering and Industrial Management at Lund University. He was awarded Entrepreneur of the year in Malmö 2020 – Tillväxt Malmö.

Flashback: BootstrapLabs Applied AI Conference – Enterprise AI Applications

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 BootstrapWorks 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. 

Companies are under tremendous pressure to adopt AI technology across their organizations in order to stay competitive, with the majority of companies needing to re-invent their core products and services using proprietary AI technology instead of off-the-shelf SaaS solutions. Moderator Jaime Fitzgibbon, Innovation Strategist at Booz Allen Hamilton, leads a conversation with panelists Rahul Sachdev, Co-Founder and CEO of Fortella; Alex Holub, CEO of Vidora; Vidya Raman, Director of Product Management and ML at Cloudera; and Bahman Bahmani, Director of Data Science at Rakuten, about best practices and design principles for Enterprise AI. Panelists address how to make AI productivity gains accessible to as many people as possible across an organization, how to increase adoption of AI within an organization, and how to innovate faster by making the development process of AI for enterprise more inclusive of non-data scientists.

Moderator: Jaime Fitzgibbon, Innovation Strategist, Booz Allen Hamilton

Panelists: Rahul Sachdev, Co-Founder & CEO, Fortella; Alex Holub, CEO, Vidora; Vidya Raman, Director of Product Management & ML, Cloudera; Bahman Bahmani, Director of Data Science, Rakuten

Some of the key takeaways from the session are:

  • AI councils in companies have three main mandates:
    • Ensure a common understanding about AI and ML within the organization.
    • Create a tabular layout where investments in ML are being made and which represent the highest ROI.
    • Sharing case studies between business units and organizations.
  • Three main areas where value can be made with the help of AI in enterprises:
    • Operational excellence
    • Product leadership
    • Customer intimacy
  • Implementing AI: Data is the foundation of AI – make sure you have the right clean data pipeline into a centralized location and start small and collaborate early to tailor the data collection to the AI tool.
  • Regulation is important to preserve privacy and the option to delete PII needs to be built in the data structure, while it is also a driver for more automation in the data analytics process.
  • Enabling the AI tool user to override predictions or decisions is key for critical applications to give quality control over the system.
  • Three sources of scale at Rakuten:
    • Automation in DevOps to forward the full CI/CD pipeline from development to deployment.
    • Outsource data wrangling to junior positions which creates a good career path and frees the schedule for the data scientist who can focus on doing their most productive work.
    • Building and managing a globally distributed team.
  • The mindset of building everything in-house gets in the way of broader adoption of AI because talent is scarce and automation tools like Vidora help to solve time-consuming processes like data wrangling and modeling, enabling data scientists to focus on the problem itself.
  • Venture capital investment increased from $4B in 2016 to $10B in 2018 which produced many tools that can be utilized rather than building everything in-house.
  • Open source will be a tremendous opportunity for companies to experiment before fully committing and machine learning enables people to do more while opening up time for creativity.

About Jaime Fitzgibbon:
Jaime Fitzgibbon is Senior Associate at technology strategy consultancy Booz Allen Hamilton. Over the past 3 years, she has been building an innovation office focused on tracking technology trends and emerging tech solutions for client’s toughest mission challenges. She serves as a mentor to start-ups, has spoken and written articles on the core elements for building a viable innovation ecosystem, and developed the classroom of the future strategy for a local school. She serves on the board of the German School of San Francisco as well as other community organizations’ advisory councils.

About Rahul Sachdev:
Rahul Sachdev is the co-founder and CEO of Fortella – an AI-based Revenue Driven Marketing software company. He is a technology executive with experience in marketing, CRM and social domains. Prior to Fortella, Rahul served as the CEO of Get Satisfaction, an online community platform for marketing and customer support. Earlier Rahul was the head of content sharing and workplace products at LinkedIn, and General Manager of the Communications, Media & Energy product at Siebel Systems. Rahul holds an MBA from the University of Chicago’s Booth School of Business and a BSc with Honors in Electrical and Electronic Engineering from Loughborough University (UK).

About Alex Holub:
Alex Holub 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.

About Vidya Raman:
Together with different product teams, Vidya Raman has built and grown enterprise businesses as a product leader in several industry verticals ranging from Telecom, Healthcare, Energy and IoT. Most recently, she led product management for Cloudera’s AI platform, where she was responsible for making AI at scale a reality for customers spanning industries such as autonomous driving, biotech, banking to governments. Prior experience includes eMeter (Sequoia-funded, acquired by Siemens), Silver Spring (Kleiner funded and IPO exit), Medtronic (healthcare). Currently she is an early-stage venture investor.

About Bahman Bahmani:
Bahman Bahmani is a Director of Data Science at Rakuten (the 7th largest internet company in the world), managing an AI organization with engineering and data science managers, data scientists, machine learning engineers, and data engineers, globally distributed across 3 continents and in charge of the end-to-end AI systems behind the Rakuten Intelligence suite of products. Bahman has built and managed engineering and data science teams across industry, academia, and the public sector in areas including digital advertising, consumer web, cybersecurity, and non-profit fundraising, where he has consistently delivered substantial business value. He has also designed and taught courses, led an interdisciplinary research lab, and advised several theses in the Computer Science department at Stanford University, where he also did his own PhD focused on large-scale algorithms and machine learning, topics on which he is a well-published author.

Founder Stories – Myia Health

Applied AI and Healthcare: Myia Health developed an intelligent patient monitoring platform to better support patients with chronic conditions, a $38Bn industry. 

International Data Corporation (IDC) estimates that by 2020, over 2,300 exabytes (one billion gigabytes) of clinically-relevant data we will be generated, with the vast majority coming from non-clinical settings such as personal medical sensors. Thanks to its proprietary AI technology, Myia Health not only makes this data available to clinicians, but is also capable of providing key insights about the current and future health of patients, facilitating richer and personalized patient-clinician dialogue, increasing compliance, and allowing for better care-planning.

Myia Health’s intelligent patient monitoring platform supports patients with chronic conditions such as heart failure, chronic obstructive pulmonary disease (COPD), diabetes, and hypertension, a $38 billion industry in 2019, that is expected to surge to $130 billion by 2025. Myia’s partnership with Mercy Virtual is poised to revolutionize the industry and become a key standard of care in the upcoming “outcome based” healthcare system.

Myia uses AI technology to predict patient health status and augment the power of frontline clinicians with levels of patient insights that were previously inaccessible.

Myia Health has been a BootstrapLabs portfolio company since 2018.

Simon MacGibbon is co-founder and CEO at Myia Health. Simon has over 20 years of experience using technology to drive 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 teams responsible for imagining, building, and investing in data-driven technology platforms to help some of the world’s most influential companies innovate with startup-like speed. Formerly, Simon was an Associate Partner at McKinsey & Co. and a leader in the systems integration area at IBM Global Services. He has a BSc from Otago University in New Zealand and a BA (Hons) in Applied and Industrial Psychology from the University of Canterbury.

Bryan Smith is co-founder and CTO at Myia Health. Bryan is a multidisciplinary executive leader applying advanced analytics, machine learning, and interactive data visualization methods to help organizations and individuals maximize the value of their data as an asset. He has proven ability to function as a key individual contributor as well as an executive leader, skilled at identifying the optimal balance between those functions as required by each unique role. Brian is an excellent communicator, able to convey complex ideas to client executives as well as speak the language of technical team members. He received a Bachelor’s of Science in Neuroscience and Chemistry at University of Southern California, and a Ph.D. in Neuroscience at Caltech.

Sam Rawstorne is co-founder and COO at Myia Health. Sam has over 20 years of experience growing teams and launching companies. He has extensive experience in Recruiting, HR. EIR at BootstrapLabs and BCG Digital Ventures. He received a Bachelor of Arts Hons, at the University of the Arts London.

The story of our Principal Luigi Congedo on Forbes Italia

On March 10th, Luigi was featured on Forbes Italia as one of the young emerging venture capitalists of artificial intelligence in Silicon Valley. Below you can find an extract of Luigi’s interview:

“Your work will fill a large part of your life and the only way to be truly satisfied is to do what you think is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle for it. As with all matters of the heart, you will know when you find it ”. So believed Steve Jobs, who was able to inspire many entrepreneurs and visionaries like him. Luigi Congedo , 31, venture capitalist of BootstrapLabs , arrived in Silicon Valley at a very young age, becoming one of the 30 under 30s of Forbes Italia for 2018. “Steve Jobs was the first great entrepreneur, inventor and visionary I was inspired by.” […]

“He comes from Naples.”

“I consider myself very lucky to have been born in Naples. My hometown has a great cultural and soul wealth. This has allowed me to be a social and positive person, qualities that have helped me to be successful.” […]

“Do you think AI can also be dangerous?”

“It is up to us – society, politicians and entrepreneurs – to decide how to use technology and innovation. BootstrapLabs philosophy is to choose investments that create long-term utility and vertical solutions in specific industries, such as healthcare, logistics, agriculture, energy, and smart government.” […]

“How has Covid-19 changed the world of investments?”

“Our core investment theses have not changed, but we have seen a strong acceleration of many tech trends. The coronavirus has caused an acceleration of digital transformation on a global scale and in all sectors.” […]

“What are the most interesting sectors in the future?”

“I think the use of artificial intelligence is among the most promising trends. Among the sectors I look at with great interest there are cybersecurity, healthcare and climate.” […]

Below you can read the full press release:

MILANO, Italy, Mar. 10, 2021 /Forbes/ — La storia di Luigi Congedo, il giovane napoletano diventato venture capitalist dell’intelligenza artificiale nella Silicon Valley. Read More.

Flashback: BootstrapLabs Applied AI Conference – Will AI Break or Save the Internet?

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 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. 

Together, 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 pose a critical threat to the very fabric of our modern society. Moderator Daniel RiedelFounder and CEO of New Context, and panelists Erin Kenneally of the U.S. Department of Homeland SecurityHerb Kelsey of Quantum VaultJason Hoffman of MobileEdgeX, and Jonathan Ward of Atlas Organization discuss how AI has contributed to the exacerbation of state actors, terrorist organizations, and criminals’ political and ideologically motivated use of the internet for financial gain. The panelists also explore how AI presents an opportunity to alleviate that threat by strengthening our existing digital infrastructures and creating stronger platforms for the future stability, economic prosperity, and security of our society, companies, and citizens.

Moderator: Daniel Riedel, Founder & CEO, New Context

Panelists: Erin Kenneally, Portfolio Manager, Cyber Security Division, Science & Technology, U.S. Department of Homeland Security; Herb Kelsey, Founder & CEO, Quantum Vault Inc.; Jonathan Ward, Founder & CEO, Atlas Organization; Jason Hoffman, President & CEO of MobiledgeX.

Some of the key takeaways from the session are:

  • Currently, we do not have a collective mental model for AI and risk. AI is forcing a conflation of rights as well as individual, company and state interests like privacy, free expression, security, critical infrastructures etc.
  • AI is a tool and a strategy focused on optimization and care. It is very difficult to optimize something and thus important to have a strategy around how to optimize something and to understand all implications of that process.
  • AI is used in scoring and recommender systems, news feeds and search results and for classification prediction (crime, health etc.) which bears certain risks.
  • In a time of continuous accelerated change, it is important to go back to fundamental truths: The ability to generate unique insights via proprietary access to data is always advantageous.
  • If the delta between our growing AI capabilities and our expectations (laws: privacy, data protection, human rights etc.) continues to grow, we have:
    • Inefficient avoidance of risk.
    • Increasing tensions between legitimate stakeholders.
    • Undermining of trust in our ordering forces (law, markets etc.).
  • AI will break the internet, if:
    • It is in the hands of an attacker, allowing higher efficiencies in creating synthetic identities to simulate transactions, because this eliminates trust.
    • Automated social network behavior to influence politics as well as automated trolling or racist comments become the norm.
    • We fail to align our expectations with our capabilities.
  • AI will save the internet, if:
    • We use it successfully to protect, care for and optimize membership in open and insecure networks like the internet.
  • The pressure of the rise of China and its relationship with Russia on the liberal democratic world order will change everything on a geopolitical scale. We are going through two historical changes: Industry 4.0 and the rise of major-nation states with heated competition between two major world powers for the first time since the cold war. China as a leading investor in AI has a national AI strategy that aims to be the undisputed world leader by 2030 which shows the nature of this arms race. The alignment of state and company goals in China will lead to continued global confrontation of multinational companies with emerging champions from an authoritarian system.

About Daniel Riedel:
Daniel Riedel, the CEO of New Context, is an innovator in data security for highly regulated industries. He is a trusted authority in data security for the industrial internet, speaking before the US Senate Committee on Energy & Natural Resources, OASIS‘s Borderless Cyber and Johns Hopkins IACD, and has been published in the Washington Post, Federal Times, Wired and Dark Reading. Riedel has over 20 years of expertise building secure and scalable technologies, products and companies.

About Erin Kenneally:
Erin Kenneally is Program Manager in the Cyber Security Division of the U.S. Dept of Homeland Security, Science & Technology Directorate. Her portfolio comprises cybersecurity research infrastructure, privacy, security economics, and technology ethics. She manages the IMPACT, CYRIE, and Data Privacy programs. Erin is Founder and CEO of Elchemy, Inc., and served as Technology-Law Specialist at the International Computer Science Institute, Center for Internet Data Analysis and Center for Evidence-based Security Research at the University of California, San Diego. Erin is a licensed Attorney specializing in information technology law, including privacy technology, data protection, AI ethics and legal risk, trusted information sharing, and technology policy.

About Herb Kelsey:
Herb Kelsey’s time as Chief Architect for NSA/CSS LSI and at IBM as Federal CTO for cybersecurity heavily influenced his 25-year career. At NSA, he learned to engineer for global scale and secure systems against ruthless villains. IBM taught him product management and enterprise integration. He’s deployed these skills for corporations, our country, and our allies. Most notably, as the head of computation for U.S. National Counter-Terrorism Center (NCTC), the highest volume, most secure, yet heavily attacked analytic fusion center in the world. His passion is making the global, networked, world safe for transactions, private information, intellectual property and children.

About Jonathan Ward:
Dr. Jonathan Ward is the Founder of Atlas Organization, a DC and NY based consultancy focused on the rise of India and China, and US-China global competition. He is the author of China’s Vision of Victory, about Chinese global strategy and what America must do to respond. From travels in Tibet and across the South China Sea, to accessing restricted Communist Party archives, to consulting for the U.S. Department of Defense and Fortune 500 companies, Dr. Ward has brought the experience of a traveler and scholar, and the insight of a strategy consultant to one challenge: what does China want, how will it try to get it, and what should America do?

About Jason Hoffman:
Jason Hoffman is the President and CEO of MobiledgeX, a company focusing on edge computing and founded by Deutsche Telekom. Previously he was a CTO at Ericsson AB and was P&L responsible for their cloud and datacenter infrastructure business. While at Ericsson his group created the world’s first hyperscale, disaggregated system and led the market in the modernization of telecom infrastructure. Prior to Ericsson, he was a founder and the CTO at Joyent (now owned by Samsung), a pioneering high-performance cloud IaaS and software provider, where he ran product, engineering, operations, and commercial management for a decade.

Flashback: BootstrapLabs Applied AI Conference – Life In The Fast Lane: What’s Different About Transportation AI?

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 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. 

AI is a critical tool for using observed data to make and predict decisions. While most industries work with curated data, transportation is a different situation: self-driving cars rely on volumes of real-time information. AEye chief scientist Dr. Allan Steinhardt discusses the role of AI in abstracting and extracting the right information from a car’s environment, including how to deal with the influx of data in vehicle autonomy and ADAS. Additionally, he explores the role of transportation AI in smart highways and how smart cities with next-generation wireless (5G) will impact transportation AI trends.

Speaker: Dr. Allan Steinhardt, Chief Scientist, AEye

Some of the key takeaways from the session are:

  • If you look at the individual components of a system you learn nothing, it is important to understand the overlaying complex adaptive systems.
  • The mathematics of understanding complex adaptive systems is similar to mathematics of quantum theory.
  • If we think about AI for transportation in cities, we have to think like complex adaptive systems with all the different layers of meaning that intersect in very complex ways: Merging the different tribes of car makers, transportation engineers and Perception/AI engineers and their respective areas of focus is important to understand the different layers around transportation AI.
  • Signals from autonomous vehicle sensors are plotted in a point cloud, but the noise in the data can be used to identify road surface features, background light that is interfering with the laser etc.
  • MIT students were able to utilize RF exhaust noise from various wireless signals as a radar beacon to track humans through walls.
  • Massive amounts of RF bandwidth is being used for communication in transportation AI: One of six radars on a car might use 2 Gigahertz of bandwidth meaning that one car needs more bandwidth than dozens of cell-towers which is clearly not sustainable.
  • Complex adaptive systems do brokering between layers and today there are many start-ups that provide various technologies for brokering of communication networks.
  • Congestion represents a lot of wasted capital assets.
  • The current data mindset is the more data, the better. AEye’s mindset however is described as the latest time of value: Navigating space-time obstacles safely because it is essential to make a decision immediately since there will not be a better decision later in any traffic situation. Therefore it is essential to increase the quality of the data capture process which can be modeled to focus only on key objects like the human brain.

About Allan Steinhardt:
Dr. Allan Steinhardt is among the world’s most widely esteemed defense scientists. An IEEE fellow, he is a sought-after expert on radar, missile defense, GMTI and space surveillance. He was Chief Scientist for DARPA, co-author of a book on adaptive radar, and assistant professor in Electrical Engineering and Applied Mathematics at Cornell University, where he researched sensor arrays and optimal detection capabilities. Allan also served as chief scientist at Booz Allen at MIT Lincoln Laboratory, and director of signal processing for the defense industry with BAE/Alphatech. He holds a bachelor’s in Mathematics, and graduate degrees in Electrical and Computer Engineering from the University of Colorado, Boulder.

Flashback: BootstrapLabs Applied AI Conference – AI and Financial Automation

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. 

Bookkeeping, accounting, and auditing are undergoing rapid changes, driven in large part by the ability to digitally automate tasks previously performed manually by humans. Machine Learning and AI are driving a shift across the entire industry with the technology already being adopted by firms and individuals at a rapid pace and low price point, enabling a shift from Cloud Accounting to Augmented Accounting. Cathrine AndersenCo-Founder of Roger.ai, discusses how in addition to making humans up to 20x faster in the bookkeeping and reconciliation process, machines can find patterns and put large data sets into perspective in a way no auditor would ever be able.

Speaker: Cathrine Andersen, Co-founder & CEO, Roger.ai

Some of the key takeaways from the session are:

  • Accountant and auditor jobs were predicted to be at high risk of being automated with the help of AI and since 2004, the number of FTEs in finance departments of large companies declined by 40%.
  • 90% of accountants and bookkeepers agree that the future is rapidly approaching, but only 10% think of themselves as innovative and 8% think the industry is “future ready”.
  • Areas of automation:
    • Day-to-day financial operations: Accounts receivable, Accounts Payable, Cash-flow management
    • Bookkeeping / Reconciliation
    • Compliance
    • Fraud detection / Prevention
    • Auditing
  • Product examples:
    • Roger.ai automates all the steps along the way by scanning documents and following determined flows within the platform. This gives the accountant the responsibility of supervision with integrated audit trails and fraud detection flags.
    • Pleo facilitates expense reporting.
    • Other companies include YayPay, Chata.ai and Mindbridge.
  • The accounting firms of the future will either include a few winners who create the next generation of AI/ML-driven accounting and auditing software OR existing companies will quickly adapt to automation tools in order to compete with major players and keep their clients.
  • In order to adapt to that change, re-skilling is essential to enable accountants and bookkeepers to focus on tasks like supervising the technology.

About Cathrine Andersen:
Cathrine Andersen is the co-founder and CEO of Roger.ai, an accounting automation product used by over 1,000 businesses and accounting firms worldwide. Starting with accounts payable and bill pay, Roger is moving the accounting industry from the cloud toward augmented accounting – one big step at the time. Originally from Denmark, Cathrine moved to the Bay Area in 2014 when her first company Assemblage was acquired by Cisco. She holds 2 US patents and was named Founder of the Year in her home country in 2018.

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.

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.

Collection of COVID-19 resources for founders / entrepreneurs

BootstrapLabs has been in touch with our portfolio company CEOs on a nearly daily basis and are fully committed to supporting them in every way possible. Here is a collection of advice and resources we are sharing with them, and other founders and entrepreneurs. We will continue to update this blog post as we find useful information. (Last update: 2020 May 18, 12:54pm PDT)

  1. Coronavirus: The Black Swan of 2020 – Sequoia
  2. World Health Organization – Coronavirus-2019
  3. COVID-19 Relief Resources for SMBs – Gusto
  4. Coronavirus Information and Resources for VCs and Startups – NVCA
  5. SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
  6. A Coronavirus Update with Leading Health Experts and Business Leaders (3-20-20) – Goldman Sachs Podcast   – Slide Deck here
  7. What I’m hearing about venture right now – by Samir Kaji, VC/tech advisor, venture blogger, active angel investor, banker & friend of BootstrapLabs
  8. SBA Crisis loans may work for startups – plus alternative funding sources – Kruze Consulting
  9. COVID-19: Business Resiliency & Preparedness Center – TriNet
  10. STIMULUS PACKAGE: DISSECTING EXPECTED KEY PROVISIONS FOR FINANCIALS AND HOUSING – Cowen
  11. Startups and SBA Loans – Fred Wilson
  12. Database of Government, Public & Private Startup Assistance for Impact of Covid19
  13. Differential Ventures Announces a COVID-19 Grant Program ($10,000 to $25,000)
  14. CARES / SBA loans for funded startups – Kruze
  15. PPP Loan Program – Additional Interim Final Rules – Cooley
  16. Digital strategy in a time of crisis – McKinsey
  17. SBA Paycheck Protection Program (PPP): SBA Publishes Loan Forgiveness Application and Instructions for Borrowers – Wilson Sonsini
  18. Wilson Sonsini’s COVID-19 Client Advisory Resource

BootstrapLabs portfolio company, Mendel, is codifying COVID-19

Mendel, a BootstrapLabs portfolio company, has announced that they have assembled a task force to address COVID-19 using applied artificial intelligence. Please see this announcement from Mendel Founder & CEO Karim Galil:

Hello, World!

Mendel has ramped up it’s working force and assembled a 50+ special task force of AI scientists, physicians, and clinical experts to address COVID-19 with clinical artificial intelligence—because it’s basically the one thing we know how to do to save lives.

The goal is to absorb the learnings in the literature and cross-reference with the EMR data of COVID-19 +ve patients to answer key questions and corroborate findings faster with greater accuracy than humans. We are using novel clinical AI models, which we’ve been quietly building the last 2 years, to:

1- Parse and analyze 30,000 scholarly articles related to CoV. Mendel AI is trained to understand the clinical context and make valid inferences. For example, a “transmission” query returns something like “no intrauterine infection reported”.

2- Deidentify and analyze medical records of COVID-19 patients. Mendel AI extracts temporal relations, or simply put: the sequence of clinical events, by parsing a patient MR without risking privacy. This approach should help predict the course of SARS- CoV, and the outcome of different drugs and treatment approaches.

The scientific and clinical community can use these powerful tools and leverage our AI technologies for free, in a few days, via a web application.

We are currently looking for partners to sustain this initiative and spread its impact. Please ping me if you think you can help or if you just need access.

Believe!

Karim Galil

BootstrapLabs is proud to be supporting Karim and his team with this important effort. If you can help, or need access to Mendel’s soon to be released web application we will be happy to provide an introduction. Please contact us at info@bootstraplabs.com.

Sibly Offers Complimentary Services for the COVID-19 crisis

In these unprecedented times of “Social Distancing” and “Isolation”, you, your family, and your coworkers, may feel under an increased amount of stress and confusion, or simply a bit overwhelmed.

One of BootstrapLabs’ portfolio companies, Sibly, has announced a great initiative to immediately assist others. Sibly will provide any US-based organization, their employees, and their family members, with a complimentary 3 months of service with their wellness coaching solution, including:

  • Someone to talk to, anytime, anywhere, anonymously, about anything. Sibly’s chat-based application has real people trained in empathic listening available 24/7, within minutes, to address everyone’s needs, questions, worries, concerns (e.g., health, financial, relationships, parenting, etc.)
  • Real-time navigation of the national COVID-19 resources, assisting each person individually in finding the resources that meet their needs.

This is an incredible resource for your organization’s employees, who will appreciate the support provided by their leadership.

Companies can learn more at https://lnkd.in/g8bF2aj and can enroll / sign-up at http://sibly.co/pledge.

Please let us know (info@bootstraplabs.com) if you have any questions or need a direct intro to the Sibly team.

Geopolitical Implications of Coronavirus: Preliminary Insights

BootstrapLabs Special Advisor and Founder & CEO of FutureGrasp, Tom Campbell, Ph.D. and his team have published an article titled “Geopolitical Implications of Coronavirus: Preliminary Insights” that we thought was important to share with our community.

Executive Summary

Coronavirus will have major global impacts throughout 2020, scrambling geopolitical calculations and trajectories in multiple and unanticipated ways. However, at this early stage some preliminary guideposts and indicators are coming into focus that will enable a better assessment of possible impacts and likely future considerations. Economic disruptions caused by the virus are already underway and likely to grow worse. Political impacts are likely to follow with key implications for international security and the outlook for continued globalization. Coronavirus could affect every country, but key countries will initially stand out in terms of impact and possible responses due to their global role or the degree to which their population is infected. Certain international issues such as trade, migration, conflict, surveillance and climate change will also face a disproportionate impact from the spread of the virus and consequential responses. FutureGrasp is dedicating significant resources for clients to provide further insights and key recommendations as the crisis continues to unfold.

You can read the full report HERE.

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.

AI Policy, artificial intelligence

BootstrapLabs AAI18 Panel – AI Policymakers: the Need for Public/Private Partnership

Over the next several weeks we’ll be releasing the videos from the sessions from the BootstrapLabs Applied AI Conference 2018. The yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI, that brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations.

Join the Applied AI Conference 2019, on April 18, in San Francisco

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

A limited number of tickets are currently on sale at the Early Bird price ($1040 off) ENDING MARCH 15TH!

 

Moderator: Jane Macfarlane, CEO, Seurat Labs / Director – Smart Cities, UC Berkeley

Speakers:

  • Kay Firth-Butterfield, Head  of AI and Machine Learning, World Economic Forum
  • Norma Krayem, Sr. Policy Advisor and Co-Chair – Cybersecurity and Privacy, Holland & Knight
  • Raj Minhas,VP – Interaction and Analytics Lab, PARC

During this session, the panelists discussed AI in the context of regulation, the role of government in fostering and leveraging emerging technologies and the reasons why we need better public/private collaboration.

Some of the key takeaways from the session are:

  • Fostering and creating explainable models is going to be crucial to get government support and foster collaboration in the AI space.
  • Standards, certification, protocols, partnerships and process or outcomes based scalable laws are some of the avenues we need to explore to “regulate” AI.
  • Open, honest conversations are necessary between technology companies and regulators, it’s important to educate them on how the technology works and the real risks with integrating to different systems.

About Jane Macfarlane:
Jane Macfarlane is the CEO of Seurat Labs and is also the Director of Smart Cities and Sustainable Mobility at the University of California at Berkeley. Dr. Macfarlane has over 30 years of experience in high performance computing, data analytics and geospatial mapping. She has held various roles responsible for directing industry research groups including: Chief Scientist and Head of Research for HERE, VP of Process Engineering at Imara, and Director of Advanced Technology Planning for OnStar at General Motors. She has authored 26 patents, primarily in geospatial data analytics. She holds a Ph.D. in Mechanical Engineering from the University of Minnesota. Currently she is leading a DOE National Laboratory effort focused on the use of High Performance Computing to address Big Data Issues in transportation systems.

About Kay Firth-Butterfield:
Kay Firth-Butterfield is the Head of AI & ML at the World Economic Forum and is a Barrister-at-Law and former part-time Judge in the UK. She is an Associate Fellow of the Centre for the Future of Intelligence at Cambridge and Fellow of the Robert E. Strauss Center on international Security and Law at the University of Texas. She is Vice-Chair of the IEEE Initiative on Ethical Considerations in AI and Autonomous Systems. She is one of Robohub’s top 25 Women in Robotics and co-founded AI-Austin, AI-Global and the Consortium for Law and Policy of AI and Robotics.

About Norma Krayem:
Norma Krayem is a Senior Policy Advisor and Co-Chair of the Holland & Knight Global Cybersecurity and Privacy Team. She brings more than 20 years of experience within the global policy-making arena including executive-level positions in the U.S. Departments of State, Commerce and Transportation, and as a consultant at the Federal Emergency Management Agency (FEMA). She works on a daily basis with the White House, Executive Branch and Congress on a host of matters, including Homeland Security, Commerce, Defense, Treasury, Transportation among others. She is a member of The Chatham House and served on the prestigious CSIS Cybersecurity Task Force from 2015-2017.

About Raj Minhas:
Raj Minhas is Vice President and Director of the Interactions and Analytics Lab (IAL) at PARC. Research in IAL focuses on people and their behaviors. Raj joined PARC in September 2013 as the Program Manager for Prognostics and Health Management and was responsible for the strategy and execution for the commercialization of the related technologies. Prior to PARC, he was the Director of Xerox Research Center India where he led its growth, development, and outreach for two years. Raj earned his Ph.D. and M.S. in Electrical and Computer Engineering from University of Toronto and B.E. from Delhi University. He has eight patents and six pending patent applications.