Due diligence is currently underway with three exciting companies who pitched at the end of February: Jupl – with Sir Ray Avery at the helm, Spoke, and Wing Acoustics. See below for details of these investment offers.
Brought to us by 2010 NZ’er of the year Sir Ray Avery, Jupl, in conjunction with Samsung, Spark NZ, Bupa and Cisco Jasper have developed an IoT enabled wearable mobile personal Emergency Response System utilising the Samsung Gear S3 watch (Jupl Mobile). The Jupl Mobile together with the Jupl In-home Personal Emergency Response System (PERS), connects to Jupl’s propriety data analytics platform (Jupl Cloud) delivering an end to end solution of unrivaled independence and safety to the elderly and those experiencing specific medical conditions. Jupl also intends to target the lone worker market and the general and health insurance markets. Click here to view their website.
Spoke’s current offering turns mobile phones into a complete business phone system in 3 minutes or less. Clients don’t need desk phones, hardware, wires, or an IT guy to make it all work. In July they are planning to release Spoke for Teams, centred around call productivity – phone calls that take notes, assign tasks, and write follow up actions while you talk.
The Spoke Team are a proven SaaS software operating team, who have built and exited multiple businesses, the last producing $85M of recurring SaaS revenues. Their founder patented the original protocols for TXT messaging, their CTO built a call centre stack supporting 30,000 concurrent calls/agents, and their Chairman was the COO who led the Blackberry turn around.
Wing Acoustics has reinvented the loudspeaker, developing the world’s first rigid audio driver (the acousticWING®) that delivers the purest sound ever heard combined with the deepest, distortion-free, bass. It looks like nothing seen before. They have been working on this revolutionary tech for over a decade, but really hit their straps around six years ago, when they created what has been described by some of the world’s foremost audio engineers as “The world’s best headphones”. Wings aim to license this technology and further innovation, either directly to audio manufacturers and brands or in joint development with audio manufacturers.