Venture Scanner Case Study Series, The Retailer

This is the first of a series of posts on how our customers in different verticals are working with Venture Scanner to power their innovation scouting efforts and identify trends and companies that could add strategic value. To honor confidentiality, in some cases the respective customer will be unnamed.

We begin with a global fashion retailer who was interested in learning about trends in retail personalization (both online and offline), discovering companies innovating in the space, and identifying a shortlist of companies to meet with to explore piloting their services.

Our process included:

  1. Creating a comprehensive landscape scan of the retail personalization sector and identifying major trends across companies.
  2. Shortlisting companies based on data, insights, and the retailer’s unique needs.
  3. Connecting the retailer with selected companies.

retailer comic

Step 1: Creating a comprehensive landscape scan of the retail personalization sector and identifying major trends across companies.

Leveraging our database and technology, our analyst team identified 228 companies innovating in the retail personalization sector. The team then segmented the companies into 5 categories and enriched the data to build the sector landscape scan for retail personalization.

Screenshot of Retail Personalization Scan
Screenshot of Retail Personalization Scan

Analyzing the unique offerings across the companies scanned, we identified 3 major trends in retail personalization.

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Step 2: Shortlisting companies based on data, insights, and the retailer’s unique needs.

After building a comprehensive landscape scan of the retail personalization sector and identifying the major trends across companies, we set off to shortlist the companies that should be highest on the retailer’s radar. We did so through an evaluation rubric that took into account our data, insights, and the retailer’s specific needs.

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Shortlisting Evaluation Rubric

Through this process, we evaluated all 228 companies and we were able to narrow the field down to a shortlist of 10 companies that the retailer considered as candidates to meet with.

Company Evaluation Scorecard (names blacked out)
Shortlisting Scorecard (company names blacked out)

3. Connecting the retailer with selected companies.

After the shortlisting process was completed, the retailer selected companies they were interested in meeting with. Venture Scanner then arranged for the retailer and the selected companies to meet and begin exploratory discussions for pilots.

In the end, the Venture Scanner process enabled the retailer to feel confident with their innovation scouting process. They knew the full lay of the land, understood trends in the retail personalization sector, and found the partners best suited to their unique needs.

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our platform, data, and analyst services. To learn more check out venturescanner.com or email info@venturescanner.com.

Apple’s Acquisitions

The following infographic summarizes Apple’s acquisitions and which areas their acquired companies reside in. The infographic illustrates that, out of the 62 companies that Apple acquired, Imaging & Video companies make up the largest portion at 19% (12 companies), followed by Hardware & Display companies at 18% (11 companies). To see more data and insights on any sector or market, contact us using the form on www.venturescanner.com.

Apple Acquisitions
Apple Acquisitions

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.

Industry Funding and Median Age Breakdown

The following infographic summarizes all the industries covered by Venture Scanner, as well as their funding and median age. The area of the box is proportionate to the industry’s actual funding amount, and the shade of the box indicates its median age relative to other industries. Connected Car and Future Of TV are currently the industries with the highest median age at 7 years. Connected Car also has the highest funding at $21.4 Billion. To see more data and insights on any sector or industry, contact us using the form on www.venturescanner.com.

Funding and Median Age Graph
Funding and Median Age Graph

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.

Introducing the Cannabis Technology Sector

The legal cannabis industry has seen significant growth over the past few years, with many companies receiving big rounds of funding from investors such as Founders Fund, DCM Ventures, and 500 Startups. We are currently tracking over 168 companies across 7 categories in the Cannabis Technology sector. The sector map is attached below. To see the full list of 168 companies in the Cannabis Technology sector, contact us using the form on www.venturescanner.com.

Cannabis Visual Map

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.

Company Player Card – Eaze

Today we are featuring Eaze in our Company Player Card series. Eaze is an on-demand healthcare delivery service that enables patients to access medical marijuana easily, quickly, and professionally. Eaze links dispensaries and their drivers to patients. The company was founded in July 2014 and has raised $11.5 million in 2 rounds of funding. To see the full list of companies in the Cannabis Technology sector, contact us using the form on www.venturescanner.com.PlayerCard Eaze

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.

Shortlisting companies that match your needs

This is the third of a four-part series on how Venture Scanner enables corporations to research, identify, and connect with innovative companies. In the first post, we laid out our four-step process. In the second post, we dove into the first step in the process, exhaustively scanning emerging sectors. In this post, we’ll review how we shortlist a set of companies that should be top-of-mind. 

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Venture Scanner’s Four-Step Process

Emerging technology sectors are made up of several hundred if not thousands of companies. After exhaustively scanning these sectors and educating our clients on the full landscape, we go through an exercise of zooming in on strategic categories of interest and shortlisting companies that should be highest on their radar.

This step is very critical to control in order to prevent sub-optimal decisions. It is important that the filtering process from the exhaustive scan to the shortlist be unbiased and based on data and insights, versus based on any preexisting opinions that may have been shaped through the media or your network. 

The Venture Scanner shortlisting framework takes into account 3 factors:

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Venture Scanner’s shortlisting framework
  1. Data: Our algorithms programmatically derive a company score with input variables being publicly available data such as funding, headcount, and followers.
  2. Insights: Our analysts are fully immersed in the startup ecosystem and have on the ground insights by which to frame their assessments. They score companies based on their status towards product-market fit, adoption, IP, business model traction, funding, and strength of their management teams.
  3. Customer Input: In addition to our data and analyst insights, we do a final filter on companies based on our clients’ specific needs, whether they be specific geographies, business models, product features, and traction levels.

In our next and final post in this series, we’ll share the last step in the process: Connecting our clients with strategic companies.

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. Reach us at info@venturescanner.com.

Venture Scanner Sector Maps

The analysts at Venture Scanner provide coverage of different sectors and the companies within them. Here is a summary of some of the sectors that we are covering and their respective visual maps. To see the full list of companies, contact us using the form on www.venturescanner.com.

1. 3D Printing: 9 Categories, 223 Companies, $406 Million in Funding

3D Printing Visual Map

2. Artificial Intelligence: 13 Categories, 724 Companies, $2.51 Billion in Funding

Artificial Intelligence Map

3. Bitcoin: 12 Categories, 643 Companies, $703 Million in Funding

Bitcoin Visual Map

4. Connected Transportation: 15 Categories, 515 Companies, $13.9 Billion in Funding

Connected Car Visual Map

5. Digital Health: 23 Categories, 771 Companies, $12.8 Billion in Funding

Digital Health Visual Map

6. Financial Technology: 17 Categories, 1094 Companies, $18.4 Billion in Funding

FinTech Visual Map

7. Future of TV: 11 Categories, 539 Companies, $12.1 Billion in Funding

Future of TV Visual Map

8. Internet of Things: 16 Categories, 722 Companies, $4.87 Billion in Funding

IoT Visual Map

9. Marketing Automation: 13 Categories, 749 Companies, $7.8 Billion in Funding

Marketing Automation Visual Map

10. Retail Technology: 20 Categories, 753 Companies, $13.3 Billion in Funding

Retail Visual Map

11. Law Technology: 8 Categories, 173 Companies, $968 Million in Funding

lawtech map

12. Cannabis Technology: 7 Categories, 168 Companies

Cannabis Visual Map

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.