
Investor Connect 826: Family Office Roundtable Part 03
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In this episode of Investor Connect, Hall T. Martin talks with Mike Sloan, CEO and founder of Simple Labs, about their groundbreaking product, Cogni. Mike shares insights from his background in both bourbon and wine country, emphasizing the industry's challenges such as significant losses from evaporation and spoilage. Cogni offers a comprehensive barrel monitoring solution, leveraging real-time data to optimize quality, efficiency, and profitability. The discussion spans their impressive ROI, their expansion plans across various spirit and wine markets, and their substantial growth potential, backed by existing patents and no direct competition. Mike also highlights their successful beta testing with major brands and raises the company's anticipated Series A funding to accelerate growth.
Following Mike's presentation, Hall introduces Andrew Dahl from Biomes, who presents their end-to-end technology for diagnostics that captures raw patient samples and delivers lab-quality results with ease. Andrew emphasizes the uniqueness of their platform, which converts existing FDA-approved lab tests to point-of-need or at-home use, making sophisticated diagnostic tests accessible anywhere. The discussion includes their first-to-market canine Alzheimer's urine test in partnership with Hill's Science Diet, the team's extensive expertise, and their strategic business model targeting global brands for further growth. Together, Mike and Andrew showcase how innovative technology can revolutionize traditional industries, providing efficient, real-time solutions to long-standing challenges. They both illustrate the importance of having a strong, knowledgeable team and the strategic partnerships necessary for scaling and achieving success in the competitive market landscape.
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