Civionics is using the power of the Industrial Internet of Things (IIoT) to help businesses become more profitable by reducing capital asset down-time.
Today's economy is highly reliant on engineered systems ranging from advanced manufacturing to energy production systems. These marvels of engineering are defined by complex designs, demanding operations and high capital costs. Given the criticality of these systems and the high costs associated with failure, ensuring reliable and safe operations is a demanding asset management task. Civionics offers asset managers a comprehensive wireless monitoring solution that reliably tracks the performance and health of advanced engineered systems operating in demanding environments. Civionics proprietary analytics engine automates the interrogation of sensor data to provide asset managers with what they need most: actionable information that empowers asset management decisions.
Civionics beach-head market focus is heavy manufacturing, specifically automotive metal stamping. The failure of a single components within a $20+M transfer stamping line can idle corporate-wide production, costing the manufacturer more than $1M per hour in lost revenue. Civionics has recently deployed its first pilot systems in the plants of two multi-national corporations and both customers asked for the next phase of the project before the pilot phase was even completed.
Since having presented at NEF in 2016, Civionics completed its pilot deployment at Chrysler’s Warren Stamping Plant. The project was deemed successful by Chrysler, which has provided a testimonial stating that the Civionics systems has already prevented two likely downtime incidents, saving them an estimated $500,000. As a result, additional systems are being deployed at Chrysler, and Civionics is actively working to build its customer base and raise a pre-seed round to further accelerate market penetration.
Every year 40-50% of nurses suffer debilitating back injuries from lifting and moving patients, patients fall, are dropped, or mishandled during the patient transfer process, and the healthcare industry is paying an estimated $20 Billion annually due to the current issues with the patient transfer process. At AOE Med, we have a better vision for patient transfer. Our patent-pending bariatric patient transfer device (ALPs) removes the risks associated with patient transfer making the process seamless, efficient, and safe.
Arianna Carley successfully took AOE Medical through an early exit. AOE, though in a different form, is still a business with headquarters now in Miami.
Workit Health provides the first digital health solution that guides high-risk substance users through a 90-day adaptive recovery program.
Do-TheDoc Inc., a targeted digital marketing company, was launched in April 2014. The service concept is based upon targeted marketing within industry verticals to users of a free digital document delivery service.
Do-TheDoc is currently serving the Dental Industry with HIPAA-compliant document delivery for free and has realized its first revenue from dental product and service vendors.
The Company is in the process of launching their service to the broader Medical Industry.
ContentOro is a technology company creating the first content marketplace where businesses will have immediate access to the highest quality content they need to fill their online marketing, social media, and web needs.
TransCuro provides an outcome-oriented decision-making tool for the patient referral process, improving the most critical decision points in the patient care process. In particular, the tool provides referrals based upon the optimal outcome for the patient, process assistance in transition management, AND improved operability.
Over the last year, Transcuro has made progress by entering into a strategic relationship with iClinCloud, a population management solution. This will provide the company with a technology platform, access to customers as well as technical and executive management talents. Through this partnership, Transcuro plans to start its first large-scale pilot program in a major health system.
David Alexander will present his Mobileteer / Redeem platform that gives businesses the opportunity to manage local promotions and increase marketing performance. Through Mobileteer 'marketing automation', customers get promotions specific to the store they are in, and retail owners/managers get an easy to use redemption process that will please customers and provide the information needed to increase marketing effectiveness.
Mobileteer continues to grow, reaching 200,000 people per month with the addition of six digital billboards and over twice as many WiFi Hotspots. Receiving additional funding of $20,000 has given Mobileteer room to expand in service and finish production of the Redeem app and pod.
Manulith / MakerOS
MakerOS saves time and money by streamlining the quoting process, consolidating project management, and managing payments. It is used by maker businesses such as 3D printing service providers, design firms, product developers, inventors, and more. MakerOS is free to install and use on your website. When you take payment from a customer, we collect a 3% fee plus credit card processing. MakerOS is a product of Manulith, a 3D printing service provider located in Detroit, Michigan.
The team at Manulith has had a successful year. They have released a public beta test of their software and have 380 companies with 1,000 users operating the system. They are generating revenue and have secured $430K from Invest Detroit and Secret Sauce Capital. Manulith is extending its seed round with hopes of wrapping it up in a month or two. Presently, they are working on a full 1.0 release for this summer with a new pricing model and working on growing sales. They have brought on four full time employees and two contractors in their Detroit Office which has moved from the first floor lobby area to a 1500 sq ft space on the 3rd floor. They have also opened a Brooklyn, New York office with two full time employees to participate in all the 3-D printing action going on in that hotbed of the country.
Mountain Labs helps healthcare professionals acquire data. Hospital IT departments use our cloud-based software, Symport, to protect sensitive health data that is shared with others.
Since April 2014, we have raised $550K in pre-seed capital, started pilot projects at 2 large health systems, and generated ~$10K in revenue. We are releasing Symport V2.0 to the public in summer 2015 and are currently raising a seed round to scale up operations.
Pelico's first initiative is to create a stair-climbing wheelchair that is human-powered. To achieve this, we are literally re-inventing the wheel, providing individuals with the ability to use an everyday wheelchair to ascend and descend staircases without additional assistance.
In countries without policies like the Americans with Disabilities Act, people face significant obstacles due to the lack of amenities to meet their needs. Pelico's wheelchair will dramatically improve mobility - the number one struggle identified by Persons with Disabilities. As a manual wheelchair, it will be more affordable and cost-effective than the existing powered wheelchair prototypes. The team at Pelico will introduce a product that transforms wheelchair standards and will grant significantly greater accessibility to people with spinal cord injuries in the U.S. and abroad.
Since Pelico presented at NEF, we have made a strategic design pivot. To be more attractive to current wheelchair users, we reworked the design with a focus on usability and feasibility. The new design is a curb-climbing accessory as an attachment that would allow wheelchair users to climb curbs safely. We have submitted our application to NSF and are in discussions with a SBIR agency, and the National Institute on Disability, Independent Living, and Rehabilitation Research. We hope to hear some good news soon.