
The Entrepreneurs' Fund
1900 S. Norfolk Street Suite 219, San Mateo, CA, 94403, United States
Overview
The Entrepreneurs' Fund IV (TEF4) is a Silicon Valley based, early-stage venture fund focused on cloud-based business-to-business software and cognitive computing. It is the latest in a series of successful early stage funds which include The Entrepreneurs' Fund (TEF), The Entrepreneurs' Fund I (TEF1), The Entrepreneurs' Fund II (TEF2), The Entrepreneurs Growth Fund (TEGF), and The Entrepreneurs' Fund III.
- Total investments
- 18
- Lead investments
- 7
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- B2B
Investment portfolio
- Realeyes
Participated · Equity · Jun 2019
Realeyes develops Emotion AI and computer-vision technology that uses front-facing cameras to measure attention and emotional response of opt-in audiences to digital content on mobile, tablet, and desktop devices. The company’s flagship solution, PreView, is an attention-measurement platform that predicts creative performance and has delivered up to 30% performance gains and a reported 9X return on investment. Realeyes serves over 180 enterprise customers, primarily large advertisers, agencies, and media platforms. The company is headquartered in London, was founded in Estonia, and maintains offices in New York, Tokyo, and Budapest. Management says the new capital will be used to commercialize new emotion-AI products globally and accelerate product development to meet demand from advertisers, publishers, and enterprises. Realeyes builds emotion‑measurement technology that uses webcams, computer vision and machine learning to quantify how people feel and their attention levels while watching video content online. Its solution is used by brands, agencies and media companies to optimize and better target video content. The company plans to use the $12.4M funding to scale across the US and EMEA, grow into Japan and expand its products beyond marketing into smart cities, mental wellbeing and robotics. The round brings Realeyes' total funding to $31.1M. Founded in 2007, Realeyes has offices in New York, Boston, London and Budapest and employs 78 people. Customers include Mars, AT&T, Hershey's, Coca-Cola, agencies Ipsos, MarketCast and Publicis, and media companies such as Warner Media and Teads. Realeyes is a London-based startup that uses computer vision and front-facing cameras to read emotional responses to video and applies predictive analytics to map those responses to ad effectiveness. The company says it has hand-labelled over 15 million frames of naturally occurring emotions with up to seven human assessments per frame and has built a commercial platform around that core measurement technology. Realeyes reports revenues grew 932% over the last four years and counts customers including Coca-Cola, Mars, Publicis, Turner and Oath. The business is roughly 65 people, with more than half of staff in engineering and R&D, and was started by CEO Mihkel Jäätma while he was a student at Oxford. It plans to use new funding to expand engineering and business development, to bring on senior hires such as COO Barry Coleman and a more hands-on role for Maja Pantic, and to pursue applications beyond advertising in healthcare and education. The company stresses an opt-in panel model for testing and positions its measurement approach as a way to gauge ad effectiveness without invasive tracking.
- ShiftOne
Led · Seed · Feb 2019
ShiftOne is a mobile app that leverages real-time, individual performance data—typically from point-of-sale systems or guest review collectors—to power competitions, encourage communication and recognition, and monitor operational health such as attrition risk. The platform is supplemented by automated, AI-driven analysis tools that equip leadership with insights and means to support and retain their teams. The company launched an AI-driven performance analysis and attrition risk assessment tool called Smart Alerts after three quarters of product refinement and major platform enhancements. It is also developing a feature to let operators create personalized competitions that automatically key off POS and guest satisfaction data. ShiftOne plans to use the new funding to expand its product and sales teams, implement new features, and bring the platform to new enterprise brands. The company is based in Arlington, VA. MomentSnap provides an engagement tool for enterprises to monitor data and deliver individualized, per-shift performance updates directly to hourly workers' devices. The platform also includes a top-to-bottom communications channel for enterprise-wide messaging and manager-to-workforce recognition. MomentSnap was started in mid-2016 by Ashish Gambhir and Kam Desai and is based in Arlington, VA. Named customers include Five Guys, Applebee's, Marcus Hotels and Patxi's Pizza. The company raised a $2.3M seed round to support its growth. It plans to use the funds to bolster sales efforts and expand the technical capabilities of its mobile application platform.
- Kogniz
Led · Seed · Oct 2018
Kogniz is a Berkeley, CA and Montreal, Canada-based provider of an AI-driven computer vision SaaS platform for improving safety and operations, led by CEO Daniel Putterman. Its product suite focuses on gun detection, safety, and anomaly detection and integrates with clients' existing camera infrastructure. Kogniz Gun Detection identifies firearms in real time using multi-pass AI backed by human verifiers to minimize false alarms and delivers real-time alerts via phone, SMS, Slack, and email. The platform includes prebuilt automated workflows, two-way communications, emergency response plans, visual simulations, and dynamic reports to support incident, evacuation, and incident management. The company says the platform is used by more than 50 enterprise clients, can be implemented in days, and integrates with a customer’s existing infrastructure. Kogniz raised funding to bring its technology product suite to commercial, industrial, school, and governmental organizations. Kogniz provides a suite of products that use computer vision and artificial intelligence to enhance security, safety and efficiency in physical environments. Its cameras process video in real time to recognize people, objects and activities using next‑generation facial and object recognition technologies. The company reports cameras are live in twenty implementations across the United States. Led by Daniel Putterman, Kogniz operates from San Francisco and maintains development offices in Montreal, Quebec. The $4M seed funding will be used to expand the engineering and data science team and to grow product distribution. The company focuses on scaling deployments and improving its AI-driven security product suite.
- TruValue Labs
Participated · Series A · May 2018
TruValue Labs, based in San Francisco, provides an AI-driven ESG data platform called TVL InsightEngine that processes large volumes of unstructured data to surface material factors affecting financial assets in real time. The company's core product applies machine learning to uncover timely and material ESG information at scale. TruValue Labs plans to use its recent funding to expand its client base and accelerate development of predictive capabilities to uncover additional sources of alpha. The firm will focus on accelerating InsightEngine’s risk-assessment capabilities. It also intends to cultivate new proprietary risk factors in partnership with asset managers and asset owners. The company is led by CEO and co-founder Hendrik Bartel.
- conDati
Led · Series A · May 2018
conDati provides a marketing analytics platform that uses advanced data science to deliver real-time information and insights on the financial performance of digital marketing campaigns. The company offers Big Data as a Service (BDaaS) solutions tailored for digital marketing. It plans a commercial launch of its BDaaS offerings later this spring using proceeds from the recent financing. conDati completed a $4.75M Series A financing led by The Entrepreneurs’ Funds. The company was founded in summer 2017 and is based in Menlo Park, CA. The funding is intended to support the commercial launch and initial go-to-market activities for its platform.