Pilot Growth News

Published by: Pilot Growth Closes $45M for Second Fund

Pilot Growth Management LLC, a technology-focused growth equity firm, today announced the full deployment and final closing of Pilot Growth Equity Fund II, LP (“PGE II”). The total amount of new capital in PGE II is $45 million. Pilot Growth

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Technology-Focused Pilot Growth Leans on AI to Source Deals

Published by: Wall Street Journal

Private-equity firms often employ herds of junior employees to comb through and cold-call companies to source deals. But technology-focused Pilot Growth Equity Partners has found that a system using artificial intelligence can do the job just as well. The San

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r4 Technologies Launches XEM(TM), the Next Generation Cross-Enterprise Management Engine That Delivers Better Business Outcomes

Published by: AP News

RIDGEFIELD, Conn.–(BUSINESS WIRE)–May 21, 2019– r4 Technologies Inc., the leading provider of cross-enterprise AI software, today announced the launch of XEM(TM), its cloud-based AI product that delivers breakthrough business outcomes. Working across industries including CPG, retail, financial services, talent management

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New index offers tool to monitor global disease outlook

Published by: Homeland Prep News

A new global index offers an original way to monitor national-level preparedness for infectious disease, providing a holistic view of a country’s capacity to mitigate the spread of illness and pandemics. Created by researchers at Metabiota, the Epidemic Preparedness Index (EPI)

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Oxbow Partners Names Metabiota as a Top 25 Insurtech Company for 2019

Published by: Oxbow Partners

Epidemic risk is a major threat. In the last decade, there have been over 400 high-priority human disease outbreaks which have impacted the stability of economies and corporations. The Zika virus alone may end up costing Latin America and the Caribbean up to $18bn, and the South Korean MERS outbreak in 2015 caused a 40% drop in tourism, leading to an estimated $900m drop in revenue.

Metabiota has created a comprehensive and objective methodology for quantifying the potential impact of epidemic risk. The company’s methodology comprises both data experts and on-the-ground specialists. It provides underwriters with tools to analyse and quantify the financial impact of epidemics for use in their underwriting processes. Separately, it works with industry (e.g. sports clubs) to understand the impact of epidemics on their businesses.

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Perthera Announces Appointment of Gary Gregory as CEO, President, and Board Member

Published by: PR.com

Perthera, Inc., the leading cancer therapeutic intelligence company, announced that Gary L. Gregory has joined the company as its Chief Executive Officer, President and Board Member.

Mr. Gregory is recognized as a proven executive leader with big company capabilities and a keen start-up mindset, and his achievements include executing a successful IPO, driving substantial revenue & earning multiples for a publicly traded company, marshalling medical technologies through positive M&A efforts, and generating $50M+ in corporate financing efforts.

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Cornell University and r4 Announce Partnership to Lead Industry Innovation and Social Impact Through Applied AI

Published by: AP News

Cornell University and Ridgefield, CT-based r4 Technologies, Inc. (r4) today announced a wide-ranging collaboration focused on applying artificial intelligence (AI) to new domains. The partnership will develop and apply AI solutions to structural challenges that have traditionally hindered growth and modernization in both the private and public sectors, and will train a new generation of students to thrive in a data-driven world.

The newly formed Cornell-r4 Applied AI Initiative will bring together cross-disciplinary scholars and industry experts to apply AI, data science, advanced mathematics, and leading-edge technology to help solve business and societal problems holistically. The Initiative will focus on developing AI solutions to large scale industrial and societal challenges, and developing new courses that bring AI and data science to a much broader range of students across the university.

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