SAP: Accelerator Program helps B2B Startups in Tel Aviv

By launching its consumer products focused, business to business (B2B) technology accelerator program at SAP.IO Foundry in Tel Aviv, the software company will begin its focus on seven startups in manufacturing, supply chain, and sales and marketing. Those within the program will have access to curated mentorship, as well as exposure to SAP technology and application programmable interfaces (APIs), and collaboration opportunities.

“Our customers are looking for innovative solutions to help improve agility and speed, especially in these challenging and transformative times,” commented Peter Maier, SAP president of Industries and Customer Advisory.

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Paradox Raises $40M Series B to Help Companies Embrace the Future of Work with Conversational AI

Paradox, the conversational AI platform helping HR and talent teams automate administrative tasks and deliver real-time candidate and employee communications, announced today $40M in Series B funding, led by Brighton Park Capital. The Arizona-based startup, whose 200+ global enterprise clients include McDonald’s, CVS Health, and Unilever, will leverage the funding to expedite its vision of a future where AI is a liberating force to help people do their best work.

“No one goes into recruiting or HR because they like screening resumes, scheduling interviews, or managing paperwork,” said Paradox founder and CEO Aaron Matos, who started his career as an HR practitioner. “Our clients love our AI assistant Olivia because she helps them get back to doing the strategic people work that got them into recruiting and HR in the first place.”

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New product displays COVID-19 stats on airline, hotel and OTA websites

Bacarai – one of PhocusWire’s Hot 25 Startups for 2020 – has developed a new API service that connects COVID-19 statistics to airport codes and hotel locations so that airlines, hotels and online travel agencies can display the data within their shopping workflows.

SmartCheck provides statistics such as total cases, new cases by day, total tests, number of people recovered and number of deaths, with data pulled from publicly available sources around the world. Airlines, hotels and OTAs can access SmartCheck via an API and then customize how the information is displayed on their sites – for example showing the trend of new cases on a line graph.

Bacarai is part of the current SAP.iO Foundry San Francisco, a B2B travel technology accelerator, and Totten says some of the SAP Concur teams are now looking at SmartCheck.

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SAP.iO Foundry Paris : « Le programme pour les start-up HR Tech est adapté avec le Covid-19 »

Sébastien Gibier, directeur de SAP.iO Foundry Paris, présente la sélection des huit start-up de la promotion Future Of Work. L’organisation a été bousculée avec la crise.

Après avoir traité la chaîne d’approvisionnement, le commerce de détail et les technologies vertes, SAP.iO Foundry Paris aborde l’angle HR Tech. Le programme d’accélération de start-up de l’éditeur de logiciels pour les entreprises (et leader européen), qui avait démarré il y a trois ans, a intégré une sélection de huit start-up (six sont françaises) dans sa promotion “Future of Work“. Sous la forme d’un programme d’accompagnement, elles vont passer plusieurs semaines à développer leurs visions business et leurs fonctions technologiques sous la houlette de SAP. Cette saison a trois particularités (deux officielles et une totalement imprévue) :
– les solutions des jeunes pousses retenues devaient compléter fonctionnellement SAP SuccessFactors, la solution RH de l’éditeur (125 millions d’utilisateurs à travers le monde) ;
– 5 partenaires clients deviennent « coproducteurs » du programme SAP.iO Foundry, c’est-à-dire qu’ils viennent chercher des start-up qui correspondent à leurs propres besoins ;
– La crise Covid-19 est survenue lors de l’activation de la promotion “Future of Work“. Ce qui a nécessité quelques adaptations dans le programme supervisé par Sébastien Gibier, directeur de SAP.iO Foundry Paris. Dans un entretien, il précise les implications de cette crise dans la feuille de route du programme initialement établie.

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Vanessa Liu of SAP.iO Shares Global Wisdom

Vanessa Liu is a builder. She is a builder of businesses, concepts, networks and connections.

Vanessa presently leads SAP.iO Foundries in North America, which are SAP’s accelerators for B2B enterprise startups. She has earned degrees in neuroscience and law.

Early in her career, Vanessa worked in the business consulting world with McKinsey Company, which took her around the world to posts in Amsterdam, London and New York, were she presently resides. Along her dynamic career path, Vanessa developed a keen interest in media, and she has launched and invested in a number of successful media ventures, including Inside Hook and Fevo.

Vanessa is a champion for social justice and a tireless advocate for under-represented business start-ups, especially those led by women or diverse founders. With Vanessa’s diverse and fascinating background, it is no wonder she is one of the wisest people I know.

Settle in. Over the next nine minutes, you’ll discover what unique bit of wisdom Vanessa has chosen to share.

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What COVID-19 means for a travel startup focused on sustainability

One perhaps unintended consequence of travel coming to a near halt due to COVID-19 is the return of clearer skies and fewer carbon emissions.

For the startup Jet-Set Offset, which is a donation-based carbon offsetting tool for air travel, this is temporary good news on the sustainability front, but the startup is now reevaluating how it can help its partners amid the travel slowdown.

With Jet-Set Offset, named one of PhocusWire’s Hot 25 Startups for 2020, travelers can offset carbon emissions from flying by automatically donating one cent per mile to environmental organizations working to reduce carbon emissions.

However, “as travel has slowed or even ceased, real-time mileage-based donations to our partners are also down,” says the company’s co-founder and CEO, Anna Ford.

“These nonprofits need our help now more than ever to continue their planet-saving projects,” she says, and to that end, Jet-Set Offset has pivoted its messaging and launched a month-long campaign to celebrate April as Earth Month and allow travelers to offset carbon emissions from past flights.

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Marketing data platform Adverity raises $30M Series C led by Sapphire Ventures

In the time many of us live in now, we all know our online media consumption is — to state the obvious — going through the roof. Subsequently, the amount of data pertaining to online marketing is, equally, reaching stratospheric heights and in recent years tech companies like Datorama and Funnel.io, SuperMetrics and Adverity have appeared to give marketeers a data intelligence platform to deal with the welter of spreadsheets and reports necessary to track everything.

Last year, Vienna HQ’d Adverity closed an €11 million Series B funding round for its AI-driven platform to produce actionable insights in real-time for marketers.

Today it’s announcing a Series C financing round of $30 million, bringing the total amount it has raised to $50 million. The latest funding round is led by Valley-based Sapphire Ventures . Also participating is Mangrove Capital Partners, Felix Capital, SAP.iO and aws Gründerfonds who have all re-invested in this latest round. 

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Adverity raises $30 million to collect, prep, and analyze marketing data

Adverity, a data analytics startup targeting applications in media, marketing, and ecommerce, today announced that it raised $30 million in equity financing, bringing its total raised to $50 million.

By accelerating R&D and growth within Adverity’s offices domestic and abroad, the fresh capital could help the company’s customers — among them Ikea, Red Bull, Unilever, MediaCom, and IPG Mediabrands — address the challenges AI and machine learning present with respect to productization. According to Algorithmia, 50% of companies spend between 8 and 90 days deploying a single AI model, with 18% taking longer than 90 days

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HOW TO BRING A PRODUCT OR SERVICE TO MARKET IN CORONAVIRUS WORLD – VANESSA LIU INTERVIEW

Learn how to bring a new product or service to market in the age of Coronavirus with our guest today, Vanessa Liu. Vanessa graduated from both Harvard University and Harvard Law before going on to help launch multiple media and telecom startups as a consultant at McKinsey & Company. She then went on two four two more startups herself before taking on her current role running SAP.io’s Foundries program (www.SAP.io/Foundries), a no-equity accelerator for startups with a current or planned integration with SAP, 40% or more of which have female or under-represented founders.

In this episode, we cover how still-growing organizations should pivot their product, service, and/or messaging to focus on potential clients’ pain-points, and not on simply how great their product is.

6 startup CEOs explain strategy for making sure layoffs are only ever a last resort, from slashing expenses to asking employees what kind of pay cut they can afford

As the coronavirus crisis escalated in March, Emil Mikhailov, CEO of the AI startup XIX, sent an email to his employees, warning them to prepare for a recession when their top priority will be to “to survive the storm.” 

“It’s not clear what is going to happen,” he wrote.

Then he made a vow: “We as a team will not lose anyone. We will sacrifice short-term to make sure everyone is OK.”

The downturn has upended the world of startups, many of which are scrambling for ways to cut expenses, including layoffs. But some startups are stressing the need to protect their employees’ jobs as they figured out ways to survive the downturn. 

Some CEOs and founders, like Mikhailov, have even promised not to cut anyone.

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How Businesses Can Stay On The Right Side Of History During Tough Times

Every day the news features stories about how businesses are adapting to the COVID-19 crisis. Whether it’s small companies developing new revenue streams to stay afloat, or larger ones reorienting operations to provide critical support, one thing is clear: Businesses are pivoting quickly.

But there can be missteps too. COVID-19 related promotions fill my social feed and inbox. Buy a comfy work-from-home bra! Puzzles (that are sold out) to help entertain the family!

Bonin Bough is a digital marketing guru, startup investor, and author of “Txt Me: Your Phone Has Changed Your Life. Let’s Talk about It.” His latest venture, OpenMessage, creates dynamic, branded text messages to drive customer loyalty. The company was selected by SAP.iO Foundry (a global startup accelerator) to participate in its new cohort of customer experience and retail companies.

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Réélu président, Gianmaria Perancin présente les priorités de l’USF

Cette assemblée générale a aussi été l’occasion de fixer les six grandes orientations stratégiques pour l’année à venir. La toute première est de continuer d’accompagner la transformation digitale des entreprises. «  L’association est particulièrement attentive aux nouvelles solutions proposées par SAP dans ce domaine et souhaite renforcer ses liens avec les Labs SAP mais également avec la SAP.iO Foundry de Paris, l’accélérateur de startups B2B Tech de SAP France » précise l’USF. L’association tient à ne pas être un cordonnier mal-chaussé en assurant sa propre transformation numérique, comme par exemple en ayant implémenté un réseau social interne et en poursuivant, dans le contexte du confinement, le développement d’outils de téléréunions.

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Express Scripts is offering SilverCloud Health’s line of mental healthcare tools for free

The pharmacy benefits manager (PBM) is offering digital therapeutics (DTx) vendor SilverCloud Health’s line of tech-enabled mental healthcare solutions to the consumers it serves free-of-charge during the coronavirus pandemic, FierceHealthcare reports.

For context, PBMs generally act as middlemen between drug makers, retailers, and insurers, and are largely responsible for setting the price of pharmaceuticals. But in the past year, Express Scripts and other leading players have branched into the digital health realm to craft lists of effective DTx tools that their payer clients can sift through, which can help them choose the solutions they’d like to offer their members.

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