PreSeries opens its doors!

We are thrilled to report that PreSeries is opening its doors! As we celebrate the official launch, we’d like to invite all of you to try it out.

Enter PreSeries

If you work in venture capital, corporate strategy, innovation, M&A or investment banking, chances are you are spending too much of your time scouting for the most reliable and up-to-date data sources only to spend even more time to clean, prepare the data, and perform analyses to derive meaningful insights. Given this complex data landscape, PreSeries is positioned to be the Swiss Army knife that gives you an unfair advantage over other investors. With our unique approach taking advantage of Machine Learning to assess a startups’ likelihood of success, we allow you to cut through the noise and focus on what matters. After all, data-driven approach to early-stage investment is the only way to remove our human biases once and for all.

PreSeries is also the perfect solution for cash-hungry entrepreneurs. Fundraising activities often feel like hunting for whales on makeshift raft for many startup founder’s in an ocean of investors with fickle interest. Using PreSeries to target the right VCs is the equivalent of upgrading to a naval grade vessel. Now, you’re finally able to gain first-hand knowledge of VCs most likely to invest in your company and discard the ones that will likely take your precious time by making you run around the block twice.

If you are an analyst or a data-scientist, there is a high probability you’re not a fan of data fairytales. You have to see it to believe it. Well, you’re in luck! With the PreSeries Analyst Platform (powered by BigML), we give you access to PreSeries’ Machine Learning engine room. You’ll be able to look under the hood to not only access but also customize our consolidated datasets, Machine Learning models, predictions and much more.

More blog posts detailing specific PreSeries’ features will be published on a regular basis, so stay tuned!

P.S.: If you’re interested in a demo, simply get in touch with us at sales@preseries.com and we’ll schedule one in no time.

PreSeries at 4YFN: a Good Beginning for a Great Year Ahead

PreSeries, the joint venture between Telefónica Open Future_ and BigML, has been invited to join the exclusive Four Years From Now (4YFN) event. 4YFN is the startup focused platform of the Mobile World Congress that enables investors and corporations to connect with the chosen entrepreneurs to launch new ventures together. As part of this year’s 4YFN agenda, we will also be presenting the fourth edition of the Artificial Intelligence Startup Battle, which takes place on Tuesday February 28, at the main stage of 4YFN in Barcelona, Spain. More than 500 technologists and decision makers will witness the power of the PreSeries Machine Learning algorithms, that predict the probability of success of any startup even in their early stages. There won’t be any humans involved in deciding the winner, PreSeries AI is the sole jury as we have showcased in previous battles.

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If you plan on going to 4YFN, do not hesitate to come by the PreSeries booth at the Telefónica Open Future_ stand, where we’ll be ready to answer all your questions regarding our technology, product, new features, etc., from today Monday February 27 until Wednesday March 1.

Meet the contenders!

The four contenders will each give a four-minute pitch to the audience followed by PreSeries asking them a number of question in order to provide them with a score between 0 and 100. At this point, you may be wondering who will be competing in the battle, so let’s get to know the contenders!

Action AI

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Action.ai, from London, develops smart Chatbots that revolutionize interaction. They transform business processes or user experiences by changing the way people achieve tasks that meet their needs both in their personal and professional lives. Action.ai’s technology enables industry-leading services to be launched without huge Capex or expertise in AI or Chatbots.

Descifra

descifra

Descifra, from Mexico City, is an online service that helps businesses to understand the characteristics of the markets around them through easy to grasp charts, tables, and maps. They advise other companies on where to build their business by taking into consideration the level of competition and the market characteristics in a certain geographic area.

people.io

people-io

people.io, also from London, gives people ownership of their data to enable the next phase in the evolution of human connectivity. Users of people.io earn credits each time they take an action such as answering a question or connecting a new data source like their email or bank accounts. As the type and amount of data associated with a given user increases, people.io starts match users with relevant brands and advertisers. Each time a user is “matched”, they receive a brief update from the advertiser, which offers the user extra credits for viewing or engaging with their content. However, at no point in the whole process does a brand or advertiser get direct access to the users’ profile data.

Pixoneye

pixoneye

Pixoneye, from London and Tel Aviv, is a unique company with the ability to analyze the untapped power of users’ mobile photo galleries on behalf of their clients. In doing so, the company provides best in market real-time behavioral understanding and targeting capabilities for their clients’ ads, offers and services. Pixoneye team consists of some of the leading minds in computer vision and deep learning, and has recently been named one of the five AI companies to watch out for in 2017.

These four contesting startups will be showcased on Tuesday February 28, at the main stage of 4YFN. For those that can’t make it to the live event, our subsequent blog posts will share the results of the fourth edition of the AI Startup Battle. Good luck to all contenders!

About PreSeries events and battles

PreSeries was born in March 2016 and officially started its journey of re-imagining early stage technology venture investing by taking an unorthodox, AI-driven approach showcased via the world premiere of Artificial Intelligence Startup Battle at the PAPIs Connect Conference in Valencia. Thanks to the continuation of AI Startup Battles in Boston and Brazil, as well as our collaboration at WIRED London 2016, the startup community has a new-found appreciation of how Machine Learning can be utilized to better allocate venture capital.

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Be sure to follow the upcoming PreSeries’ battles in 2017 as they will be announced on the BigML event’s page as well as on Preseries.com. Among other venues, these will include the battles that we will present at PAPIs ‘17 and PAPIs Connect. For more details, please stay tuned by following us on: LinkedIn, Google+, Facebook, or Twitter. The countdown starts now!

Fourth Edition of the Startup Battle at 4YFN

Four Years From Now, the startup business platform of Mobile World Congress that enables startups, investors and corporations to connect and launch new ventures together, goes to Barcelona, Spain, from February 27 to March 1, 2017. We could not think of a better context to run the fourth edition of our series of Startup Battles.

Telefónica has invited PreSeries, the joint venture between Telefónica Open Future_ and BigML, to participate at the 4YFN event and showcase its early stage venture investing platform on the main stage on February 28 in front of an audience of over 500 technologists. In a nutshell, PreSeries provides insights and many other metrics to help investors make objective, data-driven decisions in investing in tomorrow’s leading technology companies.

battle_-4yfn

In rapid fire execution mode, Valencia was the first city that witnessed the World’s premiere Artificial Intelligence Startup Battle last March 15, 2016. On October 12, the PreSeries Team travelled to Boston to celebrate the second edition at the PAPIs ‘16 conference. Less than two months later we celebrated the third edition in São Paulo, in the BSSML16 context. The fourth edition of our series of startup battles will be hosted in Barcelona, Spain. The distinguished audience and press members in Catalonia will discover how an algorithm is able to predict the success of a startup without any human intervention.

To recap the process, five startups from the Wayra Academy, Telefónica’s startups accelerator, will present their projects on stage through five-minute to-the-point pitches. Afterwards, PreSeries will ask a number of questions to each contender in order to provide a score between 0 and 100. The startup with highest score of all will win the battle. Having the opportunity to participate in the battle is key for participating startups as it will give them excellent exposure to potential corporate sponsors, strategic partners and the venture investments community. Stay tuned for future announcements, where we will reveal the contenders of the fourth edition of our Startup Battle as it may just prove to be the most competitive one so far.

PreSeries receives Partnership Award at Telco Data Analytics conference

The Telco Data Analytics conference series is the perfect occasion to witness leading industry players showcasing their innovations, success stories and strategies for the future of telecommunications. It is the place to go to uncover new trends, network with potential partners and stay abreast of opportunities and challenges facing the market. The latest edition of the European tour took place in Madrid on October 25 and 26. Major operators like Telefonica, Orange, Swisscom and other industry players such as Huawei, EMC, ip.access, Netscout, Solvatio and SAP were in attendance.

One of the highlights was the award ceremony, where BigML won the Partnership Award for its collaboration with Teléfonica Open Future_ in creating PreSeries. Preseries’ mission is to take advantage of the latest innovations in Machine Learning to transform startup financing from its current subjective form into a highly objective data-driven practice.

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Amir Tabakovic (VP Business Development at BigML) holding the prize

Thanks to Telco Data Analytics for this award. We are looking forward to establish an even more fruitful partnerships in the future!

AI Startup Battle coming to São Paulo on December 9, at the BSSML16

The Artificial Intelligence Startup Battle where the jury is an algorithm keeps on traveling around the world! We are glad to announce our next stop: São Paulo, Brazil, on December 9, 2016. This will be the third edition of a series of very exciting battles, where five AI startups compete with each other and are judged by a Machine Learning algorithm, with no human involvement.

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The world’s premiere Artificial Intelligence Startup Battle took place in Valencia, Spain, last March 2016, when Telefónica Open Future_ and BigML presented PreSeries to the world. The reaction of the audience was extremely positive! So much that the PreSeries team and Telefónica Open Future_ decided to continue with a series of battles spread worldwide. That is why we launched the second edition in Boston last October 12 at PAPIs ’16. But we still want more! This third time in São Paulo, Brazil.

Apply to compete!

The worldwide interest in Machine Learning makes Brazil’s economic capital São Paulo the perfect South American stop to organize the next AI Startup Battle. If your startup applies Artificial Intelligence and Machine Learning as a core component of your offering, we invite you to compete in the battle! Submit your application and if you are selected, you’ll be able to pitch on stage, make connections at the conference, and get unique exposure among a highly distinguished audience.

Five Artificial Intelligence startups will be selected to present their projects on stage on December 9 at the closing of the Brazilian Summer School in Machine Learning 2016. These five startups will be automatically judged by the Machine Learning algorithm of PreSeries that will predict the probability of success for each startup.

The winner of the battle will be invited to Telefónica Open Future_’s acceleration initiatives to enjoy the access to the Wayra Academy (up to six months) and to Wayra services and contacts, such as training, coaching, a global network of talent, as well as the opportunity to reach many Telefónica enterprises in Brazil and abroad. After six months the winning company will be evaluated and may apply to run for a full Wayra acceleration process, including up to a US $50,000 convertible note loan (versus a possible 7 to 10% equity). Microsoft will also contribute to the prize of the winning startup with US $120,000 in Microsoft Azure credits to be consumed in two years. The winner will receive a BizSpark Plus stamp, an upgrade of the Microsoft benefits for startups offered in Azure, access to its software platform, and the opportunity to connect with investors and other businesses.

Competition details

WHAT:

  • Artificial Intelligence Startup Battle.

WHEN:

  • Friday, December 9, 2016 from 06:00 PM to 07:30 PM BRST.

WHERE:

  • VIVO Auditorium (Telefónica Building). Av. Engenheiro Luís Carlos Berrini, 1376 – Brooklin, São Paulo – SP, 04571-000, Brazil.

APPLICATION PROCESS:

The Machine Learning technology behind PreSeries

The battle is powered by PreSeriesa joint venture between Telefónica Open Future_ and BigML that uses a diverse set of public and private data about early stage startups to find patterns that help investors foresee which companies warrant a potential investment. PreSeries predictive models are built on top of BigML’s Machine Learning platform and facilitate agile data-driven decisions in combination with the worldwide funding experience of Telefónica Open Future_.

BSSML16

The AI Startup Battle will meet its select audience in a very innovative context, the Brazilian Summer School in Machine Learning 2016. This event is part of a series of Machine Learning courses organized by BigML in collaboration with VIVO and Telefónica Open Future_. Read this blog post for more details.

BSSML16 is a two-day course for industry practitioners, advanced undergraduates, as well as graduate students seeking a fast-paced, practical, and hands-on introduction to Machine Learning. The Summer School will also serve as the ideal introduction to the kind of work that students can expect if they enroll in advanced Machine Learning masters.

AI Startup Battle in Boston – Meet the contenders!

If you are somewhat familiar with the world of startups today, you have probably noticed how startup competitions keep popping up all around the place. From the biggest competition to the more modest, every early-stage venture can now find its way under the spotlight. But despite their growing number, startup contests are for the most part still relying on the same approach. Meaning, carefully selected companies pitching in front of carefully selected juries.

By design, a competition’s result will reflect its jury’s subjectivity. Even when decades of research in psychology and behavioral economics show us that putting human bias at the center of a selection process might not be the best solution. For lack of better alternatives, humans are believed to be the best and only option. Yet when dealing with predicting the success of a startup, a jury will often provide you with as many opinions as there are members of the jury. In the end, the result is a consensus of opinions based on five minute presentations and handful of slides.

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Luckily, there is still hope for a more scientific approach that does not remove the fun out of the competition! Our solution? The AI Startup Battle.

The second edition of the Battle will be taking place on Oct. 12 as part of the PAPIs ’16 conference on predictive applications and APIs. Join us at the Microsoft N.E.R.D. center on the MIT campus where you’ll see live real-world & high-stakes AI judging startups.

The first edition that was previously held in Valencia in March 2016 where PreSeries’ impartial algorithm crowned Novelti, a company that uses online machine learning algorithms to turn IoT data streams into actionable intelligence. Novelti will be presenting on stage this week and kickstart the contest for this year’s participants.

Let’s have a quick look at the contenders:

Cognii: they’re developing a leading edge assessment technology to evaluate essay-type answers for online learning platforms. Their exclusive natural language processing technology can also give customized feedback, not just a score, to engage students in an active learning process and improving their knowledge retention. Cognii’s solution is offered through an API for all online learning platforms, including LMS (Learning Management System), MOOCs (Massive Online Open Course), and more.

cognii_screenshot

Joonko: The first data-driven solution for workforce diversity. It integrates into companies’ SaaS platforms and analyzes real actions in real time. The data collected is unbiased – this way, organizations can ensure that all employees get an equal opportunity to succeed in a safe, non-judgmental way. Diversity is a business problem, not just an HR one.

joonko_screenshot

Palatine Analytics: Palatine helps companies evaluate the current and future performance of their employees by using AI and Predictive Analytics. With Palatine, you can collect reliable data points by incentivizing employees through Palatine’s real-time AI-driven feedback system capturing accuracy of evaluations, recognizing strengths and weaknesses of employees, and using predictive analytics to accurately predict their future performance.

palatineanalytics_screenshot

Heartbeat Ai Technologies: The mission of Heartbeat Ai is to design emotionally intelligent technologies and tools to help machines understand people’s feelings, needs and motivations, and ultimately improve our emotional wellbeing. How? Language uniquely enables the differentiation of fine-grained emotions. The approach first teaches machines to understand fine-grained emotions from language and context. Then, it builds a broader understanding of human needs, desires and motivations.

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Good luck to all participants!

Introducing the Artificial Intelligence Startup Battle in Boston on October 12 at PAPIs ‘16

Telefónica Open Future_, Telefónica’s startup accelerator that helps the best entrepreneurs grow and build successful businesses, and PAPIs.io invite you to participate in the Artificial Intelligence Startup Battle of PAPIs ‘16, the 3rd International Conference on Predictive Applications and APIs, to be held in Boston on October 12 at the Microsoft New England Research and Development Center.

battle_boston

Artificial Intelligence (AI) has a track-record of improving the way we make decisions. So why not use it to decide which startups to invest in, and take advantage of all the startup data that is available? The AI Startup Battle, powered by PreSeries (a joint venture between BigML and Telefónica Open Future_), is a unique experience you don’t want to miss, where you’ll witness real-world and high-stakes AI.

As an early stage startup, you will enjoy a great opportunity to secure seed investment, and get press coverage in one of the technology capitals of the world. On the other hand, attendees will discover disruptive innovation from the most promising startups in AI, as the winner will be chosen by an impartial algorithm that evaluates startups’ chances of success based on signals derived from decades of entrepreneurial undertakings.

Want to compete in the AI Startup Battle?

If you are a startup with applied AI and Machine Learning as a core component of your offering, then we’ll be happy to meet you! Submit your application and if you are selected, you’ll be able to pitch on stage, make connections at the conference, and get unique exposure among a highly distinguished audience.

Five Artificial Intelligence startups will be selected to present their projects on stage on October 12 at the closing of the PAPIs ‘16 conference. They will be automatically judged by an application that uses a Machine Learning algorithm to predict the probability of success of a startup, without human intervention.

The five startups selected to present will get a free exhibitor package at PAPIs worth $4,000 each.

The winner of the battle will be invited to Telefonica Open Future_’s acceleration program and will receive funding of up to $50,000. The winner will not only enjoy an incredible place to work but also access to mentors, business partners, a global network of talent as well as the opportunity to reach millions of Telefónica customers.

NOTE: During the acceleration program, part of the startup team should be working from one of the countries where Telefónica operates (i.e., Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, United Kingdom, or Venezuela).

Disrupting early stage technology investments

It only seems like yesterday when Telefónica Open Future_ sponsored the World’s first AI Startup Battle last March in Valencia, when we first introduced PreSeries to the world. The winner of this world’s premiere AI Startup Battle was the Madrid based Novelti, who scored a competition high 86 points. The event was the warm-up round to the upcoming one in Boston. This time we will find out some of the most promising early stage startups in Artificial Intelligence and Machine Learning in North America, Europe and the rest of the world.

As a bonus, the minds behind PreSeries will take the center stage to speak about their technology architecture, e.g., the supporting data, the training of the model, and its evaluation framework. It is a rare opportunity to find out what goes on behind the scenes in delivering this innovate real-life predictive application.

Startup Battle highlights:

WHAT:

  • AI Startup Battle.

WHEN:

  • Wednesday, October 12, 2016 from 5:00 PM to 6:30 PM (EDT).

WHERE:

  • Microsoft New England Research and Development Center – 1 Memorial Dr #1 1st floor, Cambridge, Massachusetts, 02142. USA.

APPLICATION PROCESS:

  • To apply to present at the battle, please fill out the application form  before September 29th. Spots are limited and will be awarded on a first come first serve basis.

ATTENDANCE:

CO-ORGANIZED BY:

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PAPIs ’16

The scenario of the AI Startup Battle could not be more innovative. The battle is part of PAPIs ’16, the 3rd International Conference on Predictive Applications and APIs. It is a community conference dedicated to real-world Machine Learning and related intelligent applications. Subject-matter experts and leading practitioners from around the world will fly to Boston to discuss new developments, opportunities and challenges in this rapidly evolving space. The conference features tutorials and talks for all levels of experience, and networking events to help you connect with speakers, exhibitors, and other attendees.

As PAPIs conference series makes its debut in the United States, there are also some changes including a pre-conference training day on October 10, 2016.  Curriculum includes Operational Machine Learning with Open Source & Cloud Platforms, where participants will learn about the possibilities of Machine Learning, how to create predictive models from data, operationalize and evaluate them.

Registration to PAPIs ’16 is separate. You can find out more details here.