Why We Invested in Resilient Lifescience — Preventing Opioid Overdose



Thrilled to announce our investment in Resilient Lifescience, which is having on the opioid epidemic by establishing a wearable program to detect and routinely reverse overdoses. Tau Ventures is an AI-very first fund in Silicon Valley investing mainly in seed and we once in a while consider earlier or afterwards bets when we see immense assure. We are also investing in US / Canada but in excellent situations will consider a offer outside. Resilient was started in 2022 in Pittsburgh and impressed us with (1) a robust require, (2) making an execution-targeted group, and (3) their business enterprise approach.

1) The Need

The opioid crisis is genuinely a tragedy that costs $1T for each 12 months, touching all the 5Ps (payors, providers, people, pharma, policymakers). Exclusively, there are now about 75,000 opioid overdose deaths per year in the US, and the the greater part of them take place when no one is close to to administer help (CDC, rand.org). We are specially familiar with this space offered our investment decision in Marigold Well being.


2) The Team

We imagined the cofounder’s backgrounds discuss for on their own: https://www.linkedin.com/in/bradfordholden and https://www.linkedin.com/in/charlierproctor. CEO Brad was a Marine for 4 years such as getting a Platoon Commander in Afghanistan. CTO Charlie was an engineer at Google. They met at Infinitus, one more Tau portfolio business, and their CEO invested individually and is the one particular who introed us.


3) Business Tactic

Components is hard, as the bar for getting anything suitable is significantly higher than in software package, even extra so in healthcare. Production and distribution prices also build a pretty diverse value composition than software program ventures. We see a pathway for them to acquire additional facts and bolster the analytics / AI piece of the product or service. We recognize the CEO’s approach to do customer discovery and subvert the normal archetype of health care products remaining funds intense. We also subscribe to their thesis that staying in Pittsburgh will hold prices small and enable them accessibility to wonderful expertise, specifically in engineering from Carnegie Mellon.

blankWe are honored and excited to be aspect of Resilient’s journey, working with know-how to solve a large issue. A lot more at https://www.resilient.bio.

At first revealed on “Info Pushed Investor,” am content to syndicate on other platforms. I am the Handling Partner and Cofounder of Tau Ventures with 20 several years in Silicon Valley throughout corporates, personal startup, and VC resources. These are purposely limited articles concentrated on sensible insights (I connect with it gldr — great size did examine). A lot of of my writings are at https://www.linkedin.com/in/amgarg/depth/recent-action/posts and I would be stoked if they get people today interested sufficient in a subject matter to investigate in additional depth. If this posting had handy insights for you remark away and/or give a like on the write-up and on the Tau Ventures’ LinkedIn web site, with because of many thanks for supporting our do the job. All views expressed in this article are my personal.

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