There has been an accelerated movement towards digital transformation across nearly every industry as a result of the pandemic and logistics is no different. Tive is a full-stack supply-chain solution that allows customers to track not only the location of a shipment but also its condition. This visibility allows shippers to maintain efficient supply chains and the company’s software and hardware solutions integrate seamlessly with existing infrastructure. The company’s revenue has grown 570% in 2020 alone, servicing companies in the food, electronics, consumer goods, automotive, and pharmaceutical industries. Boston TechWatch caught up with Founder and CEO Krenar Komoni to learn more about how Tive was conceived in a Worcester basement, the company’s impressive traction, latest round of funding from investors that include RRE Ventures, Two Sigma Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures, and Sage Hill Capital.
It took one rotation in the ER of a major Boston hospital for this former med student to realize that a disproportionate number of people who came to the ER based on flawed, online self-diagnosis while patients who needed to be in the hospital often stayed at home. Recognizing this troubling dynamic, Andrew Le took a sabbatical from med school to launch Buoy Health, an AI-powered digital assistant that helps patients accurately self-diagnose and access appropriate care. The company has helped over 9 million people understand their symptoms and seek relevant care options whether it’s telemedicine, primary care, behavioral health resources, etc. Boston TechWatch caught up with Cofounder and CEO Andrew Le, MD to learn more about the company, its future plans, the impressive traction during the pandemic, and recent round of funding from investors that include Cigna Ventures, Humana, Optum Ventures, WR Hambrecht + Co, and Trustbridge Partners.
Roughly 2/3 of all cybersecurity breaches are caused by third-party integrations. Yet, we continue to integrate these third-party solutions into technology stacks, hoping for the best. NormShield is a continuous security risk monitoring platform that quantifies the financial impact of a security breach. CEO Paul Paget walks us through the continuous cybersecurity risk monitoring market, the company’s future plans, and recent round of funding from investors that include Moore Strategic Ventures, Glasswing Ventures, and Data Point Capital.
The pandemic has shifted our behavior increasingly online and notary service is no different. Transactions need to get done and signatures need to get verified by notaries. The typical notary experience is not so practical while under lockdown but thanks to Notarize, the process can be handled completely online. CEO Pat Kinsel walks us through the explosive growth the company is seeing – especially in the real estate space, the company’s plan in the near-term, and latest round of funding that was led by Camber Creek and Polaris Partners.
Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in Boston during the month of November. I have included some additional information such as industry, brief company description, round type, total equity founding raised, and date of funding to further the analysis for the state of venture capital in Boston. […]