February 29, 2024


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Why We Invested in Resilient Lifescience — Preventing Opioid Overdose




Thrilled to announce our expenditure in Resilient Lifescience, which is getting on the opioid epidemic by building a wearable procedure to detect and quickly reverse overdoses. Tau Ventures is an AI-to start with fund in Silicon Valley investing primarily in seed and we occasionally get earlier or afterwards bets when we see enormous guarantee. We are also investing in US / Canada but in excellent circumstances will take into account a deal exterior. Resilient was started in 2022 in Pittsburgh and amazed us with (1) a powerful need to have, (2) developing an execution-concentrated workforce, and (3) their business tactic.

1) The Have to have

The opioid disaster is really a tragedy that charges $1T for each year, touching all the 5Ps (payors, suppliers, individuals, pharma, policymakers). Especially, tin this article are now more than 75,000 opioid overdose deaths for every 12 months in the US, and the greater part of them arise when no person is around to administer help (CDC, rand.org). We are specially common with this area supplied our financial investment in Marigold Wellbeing.


2) The Workforce

We considered the cofounder’s backgrounds communicate for on their own: https://www.linkedin.com/in/bradfordholden and https://www.linkedin.com/in/charlierproctor. CEO Brad was a Marine for 4 yrs which includes remaining a Platoon Commander in Afghanistan. CTO Charlie was an engineer at Google. They achieved at Infinitus, a further Tau portfolio organization, and their CEO invested personally and is the a single who introed us.


3) Business enterprise System

Hardware is hard, as the bar for finding everything ideal is substantially larger than in computer software, even far more so in health care. Production and distribution prices also make a pretty different price tag construction than software package ventures. We see a pathway for them to gather far more data and strengthen the analytics / AI piece of the product or service. We recognize the CEO’s system to do client discovery and subvert the general archetype of healthcare units getting money intense. We also subscribe to their thesis that currently being in Pittsburgh will maintain prices low and enable them entry to fantastic expertise, specially in engineering from Carnegie Mellon.

blankWe are honored and psyched to be element of Resilient’s journey, using engineering to address a big challenge. Additional at https://www.resilient.bio.

Initially revealed on “Facts Driven Trader,” am content to syndicate on other platforms. I am the Running Companion and Cofounder of Tau Ventures with 20 many years in Silicon Valley throughout corporates, individual startup, and VC resources. These are purposely brief articles focused on simple insights (I phone it gldr — very good size did study). A lot of of my writings are at https://www.linkedin.com/in/amgarg/element/latest-action/posts and I would be stoked if they get individuals interested plenty of in a topic to discover in more depth. If this short article had helpful insights for you remark absent and/or give a like on the post and on the Tau Ventures’ LinkedIn site, with thanks many thanks for supporting our function. All views expressed listed here are my possess.


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