Our venture advisors work with innovative Oklahoma companies to advance their technologies and position them for funding. Here are three exciting ventures that recently connected with our venture advisory services.
BAYESIC TECHNOLOGIES
Bayesic Technologies was founded in 2015 by four partners affiliated with the University of Oklahoma Health Sciences Center Department of Biostatistics and Epidemiology.
The technology company was founded with a focus on creating and providing user-friendly analytic software based on what is known as Bayesian statistical analysis.
Aaron Wendelboe, Ph.D., an associate professor of Epidemiology at OUHSC, is CEO.
The accumulation of data acquired by bioscientists and other scientific researchers requires special skills to correctly analyze its meaning. Bayesian statistical analysis has emerged as the most common tool to analyze that data, but it is a challenging concept to learn.
Bayesic Technologies developed easy-to-use software to conduct Bayesian statistical analyses that puts “analysis at your fingertips” with a point-and-click option to learn complicated programming code.
Today, the company markets its BStat software to commercial, academic and government entities that seek expertise in Bayesian method of statistical analysis. The software was created for beginner and intermediate users.
Bayesic reached out to Venture Advisor, Malachi Blankenship as they thought through best paths for turning the technology they developed into a profitable company. Malachi is working with the founders of Bayesic to identify their first market and the strategy to capture the customers in this key sector on their way to commercializing this unique technology.
BODDLE
An alumnus of our first ACT Tulsa cohort, Boddle is a gamified education platform that transforms digital learning content into interactive experiences using 3D gameplay and AI.
Today, Boddle is used by K-6 schools and parents as an engaging learning tool for personalized math practice, assessments, and enrichment.
Boddle embeds lessons and practice questions tailored to the learning level of each student using a proprietary learning algorithm. Real time reports are then delivered to teachers (and parents) through a web platform.
Already, the company’s registered user base has grown from 55,000+ kids to over 1.1 million, along with 60,000 teachers.
The company was co-founded by Clarence Tan and Edna Martinson, both of whom possess years of game design experience or Edtech marketing, operations, and media production.
i2E Venture Advisor, Malachi Blankenship is working with Boddle on user acquisition and retention strategies.
PURioLABS, LLC
The potential for infection is everywhere, says PURioLABS CEO Mike Whitaker, MBA. PURioLABS created a first-of-its-kind mobile disinfection and sterilization cabinet for healthcare environments that saves lives and money.
Whitaker brought the PURioLABS concept to our e3 program for new ventures where he determined market validation and customer acceptance for the PUrioLABS innovation.
The PURioLABS mobile cabinet — called PURitALL — treats personal protection equipment and other devices in the work environment to improve healthcare worker experience, as well as patient outcomes.
“The fight against superbugs and viral mutations necessitates new, innovative tools,” Whitaker said. “PURitALL is placed at the point of care and provides instant results.”
i2E venture advisor Rick Rainey has worked with PURioLABS as it works to advance the PURitALL technology to the marketplace.
“i2E has been collaborating with the company on identifying initial customers, deployment of the first series of product, and setting up strategies for scaling sales and operations once the technology is approved for marketability through federal regulators,” Rainey said.
i2E venture advisors work with innovative Oklahoma companies
