Beta.MN / Byte: ControlBright

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Beta.MN/ Byte is a series underwritten by Bust Out Solutions and published in collaboration with Beta.MN for the early-stage founders between idea and execution.

 
What is the name of the company and/or product?

ControlBright

What distinct problem does this solve for who and how does this create value for them?

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Minnesota SportsTech Startup Player’s Health Closes A Big International Deal

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Things are beginning to accelerate for Player’s Health, a local startup in the sportstech scene. The company just closed a deal with U Sports in Canada to become the official health record for the nation’s first widescale collegiate injury surveillance study.

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Minnesota’s Angel Investor Tax Credit Is Dead — And Why That’s A Good Thing

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As you read the words that form this opinion, know that we have a vested interest in the success of Minnesota’s technology entrepreneurs and the startup community at large. It’s formed with only the longest and strongest views in mind — extending beyond blind, blanket support in any form just for the sake of it.  Not all support is created equal as some methods have unintended consequences, moral or practical trade-offs to consider.

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Updates On MNvest Intrastate Equity Crowdfunding

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Via Crowdfund Insider

MNvest has tweeted out an interesting graphic that tracks sector progress for investment crowdfunding in the state of Minnesota. For those not in the know, MNVest is the advocacy group, as  well as the name of the law, that helped to make Minnesota’s state crowdfunding exemption a reality. Without MNVest (the group that is) it is arguable little would have been accomplished.”

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Mayo Clinic Backs Software To Bring Cancer-Fighting Gene Therapies To Market

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By Jonathan Shieber, TechCrunch

“Behind the incredible process of developing targeted gene therapies to fight diseases like cancer lies an incredibly mundane problem that prevents these treatments from getting to patients — paperwork and procedures.

While $5.7 billion was invested in companies developing cellular and genetic therapies, and with 800 clinical trials initiated worldwide and the first two CAR-T cell therapies expected to launch into market later this year, businesses still say the ability to get these treatments to patients is limited by paperwork, supply chain management, and last mile delivery.

So GE (through its GE Ventures arm), the Mayo Clinic (through Mayo Clinic Ventures) and the venture investment firm DFJ have invested $13.75 million to back Vineti — a software platform the companies are billing as a solution to gene therapy’s supply chain problem.”

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U of M Digital Health Spinoff Developing Game-Based App to Reduce Snoring

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By Don Jacobson, Twin Cities Business

“A digital health startup newly spun off from University of Minnesota research wants to help users of its smartphone app sleep better through a novel, “gamified” therapy program which it says has been shown to reduce snoring.

The company, Soundly, was co-founded last year by a trio U-connected researchers, including two “Innovation Fellows” at the school’s Medical Devices Center and a U of M sleep health physician.”

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I’m Sahar Ismail, CEO of LegacyArmour, and This Is How I Work

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Thanks to CoCo for sponsoring our new How I Work series!

LegacyArmour is a digital service, which allows you to deliver a secure eVault filled with the information of your choosing (photos, passwords, and stories are all fair game) on a designated date in the event that you are unable to give the information to loved ones yourself.

At the helm as CEO is Sahar Ismail, who co-founded the company and continues to run it. We spoke with her to learn about her work habits and the the way she operates LegacyArmour on a typical day — inside and outside the office.

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Minnesota Tech Startup CheckNGN Creates Marketplace For Car Repair

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Via St. Paul Pioneer Press

“According to the 2017 IBISWorld report “Auto Mechanics in the U.S.,” auto repair is a $63.8 billion industry, and that figure continues to rise.

Americans own more cars than ever before, and these cars need mechanics. Because of the expense required to maintain cars, it is important that consumers are able to find mechanics that they trust to perform any needed repairs.

Jacob Koelln created his company, CheckNGN, in order to connect consumers to a vetted and trusted network of mechanics, allowing them to post projects and accept bids from these mechanics and select the one that seems like the best fit.”

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MN Tech Founders Be Wary Of Posing Investors

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You’ll hear over and over again how difficult it is for entrepreneurs to raise money out there, right?

And generally, that’s quite true for the majority of tech entrepreneurs in Minnesota, where the odds are it either doesn’t happen despite best efforts, or it does happen with way more time and energy spend than anticipated.

With few exceptions, the process is full of friction, it’s high risk, and super stressful — especially for first timers who don’t know what’s all involved but are out there pushing hard and learning as they go.  Worst of all, the activity takes resources away from the most important thing a business can do at any point in time: serve customers.

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