Why We Invested in Resilient Lifescience — Preventing Opiod Overdose

Jean J. Sanders


Psyched to announce our financial investment in Resilient Lifescience, which is using on the opioid epidemic by producing a wearable process to detect and automatically reverse overdoses. Tau Ventures is an AI-first fund in Silicon Valley investing largely in seed and we often consider earlier or later on bets when we see enormous promise. We are also investing in US / Canada but in extraordinary cases will look at a offer outdoors. Resilient was started in 2022 in Pittsburgh and impressed us with (1) a solid require, (2) making an execution-targeted team, and (3) their organization method.

1) The Have to have

The opioid disaster is definitely a tragedy that prices $1T per yr, touching all the 5Ps (payors, suppliers, patients, pharma, policymakers). Exclusively, there are now above 75,000 opioid overdose fatalities for each yr in the US, and the bulk of them occur when nobody is about to administer help (CDC, rand.org). We are specially common with this area supplied our investment in Marigold Health.


2) The Crew

We considered the cofounder’s backgrounds communicate for themselves: https://www.linkedin.com/in/bradfordholden and https://www.linkedin.com/in/charlierproctor. CEO Brad was a Maritime for 4 decades including staying a Platoon Commander in Afghanistan. CTO Charlie was an engineer at Google. They fulfilled at Infinitus, a further Tau portfolio business, and their CEO invested personally and is the one particular who introed us.


3) Organization Tactic

Hardware is difficult, as the bar for getting everything suitable is a lot increased than in computer software, even additional so in health care. Manufacturing and distribution expenses also produce a pretty distinctive expense composition than application ventures. We see a pathway for them to collect more facts and strengthen the analytics / AI piece of the solution. We value the CEO’s program to do customer discovery and subvert the standard archetype of health care devices getting capital intense. We also subscribe to their thesis that staying in Pittsburgh will hold prices low and permit them accessibility to terrific expertise, particularly in engineering from Carnegie Mellon.

blankWe are honored and excited to be aspect of Resilient’s journey, making use of technological innovation to fix a major problem. Much more at https://www.resilient.bio.

Originally printed on “Details Pushed Trader,” am joyful to syndicate on other platforms. I am the Controlling Associate and Cofounder of Tau Ventures with 20 many years in Silicon Valley across corporates, own startup, and VC resources. These are purposely short content articles centered on functional insights (I get in touch with it gldr — excellent size did go through). Quite a few of my writings are at https://www.linkedin.com/in/amgarg/detail/the latest-exercise/posts and I would be stoked if they get persons interested more than enough in a subject to investigate in even further depth. If this report experienced valuable insights for you remark absent and/or give a like on the report and on the Tau Ventures’ LinkedIn webpage, with thanks thanks for supporting our work. All opinions expressed right here are my very own.

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