MV Mail Weekly Recap: December 8, 2020

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Below is a quick summary of the investment opportunities listed on the MicroVentures platform as of December 8, 2020.

Just Listed

Pllay Labs
Peer-to-peer video game wagering platform leveraging AI
Key Highlights:
• 31.3k+ app downloads and ~113k impressions since launch in June 2020
• 2.7k monthly active users in September 2020, up from 700 in June 2020

Active Offerings
Remedy Processors
Cannabis and hemp company offering cannabis products and B2B services
Key Highlights:
• Generated $303k+ in revenue through October 2020, up 1,474% when compared to the same period last year
• Earned customers like Frosty’s Extracts, Imperial CBD, Full Sail Farms, and Everything Hemp in 2020

Shared kitchen spaces for developing, manufacturing, and distribution of cannabis and CBD infused products
Key Highlights:
• First facility in Orange County, California, expected to be completed in December 2020; construction over 50% complete
Founding team members have 21+ years of combined experience and collectively have previously founded and scaled three licensed cannabis facilities in Colorado and California

Automated robotic, contactless, and AI-enabled food preparation for fresh healthy smoothies made on-demand
Key Highlights:
• Launched co-branded Blendid robotic kiosk with Jamba in November 2020 in Dixon, California, with expansion plans in development
• Launched Blendid robotic kiosk with Walmart in October 2020 at its Fremont, California, location with intent to expand further

Software platform for animators
Key Highlights:
• Founder sold his last company to AOL in June 2016
• Creating an even larger suite of products that implement voiceovers, motion capture, and personal avatar building

Cherry Street Pharmacy
One-stop online pharmacy
Key Highlights:
• Generated nearly $3M in revenue in the 2019 calendar year, with only ~$5k in advertising and marketing spend

Million Marker
Personal environmental exposure analysis and tracking for consumers
Key Highlights:
• Y Combinator Spring 2019 Cohort graduate
• Partnership agreement with the University of California, San Francisco and support from Stanford University School of Medicine and Johns Hopkins School of Public Health

B2B SaaS cloud integration software
Key Highlights:
• Raised $1.07M in its first equity round, led by Plug and Play Tech Center and Steelhead Ventures
• Integrates with cloud software such as Intuit Quickbooks, Oracle NetSuite, Vend POS, and more

Hudson Space Systems
Microgravity research services company
Key Highlights:
• Filed a private provisional patent application, “Unibody Liquid Bipropellant Rocket Engine,” in February 2020

Athleisure apparel and audio gear accessories for men and women
Key Highlights:
• Invest $250 before December 21 to receive a Kobrelms gift card worth 75% of the value of your investment
• Social media followers have grown by 439% from April to July 2020 across Instagram, Facebook, and YouTube

Personal products infused with cannabis sold online and in-stores
Key Highlights:
• Selected as a finalist out of 300 to participate in Canopy Boulder’s accelerator program for cannabis-related and CBD businesses
• The company’s premier fragrance has been featured in Forbes magazine twice and is participating in the Luxury Meets Cannabis Conference / Forbes fundraising event for COVID-19 relief efforts

Edly offers an alternative to student loans known as Income Share Agreements (ISAs)
Key Highlights:
• Edly has (1) a seasoned team, (2) targeted a subset of the student loan market, and (3) an investment platform being engineered to handle high growth
• Considered a market leader in the ISA market by Career Karma

Vital Leaf
Line of organic, CBD-infused chocolates, tinctures, body balm, and capsules
Key Highlights:
• Products sold in 300+ retail locations across the U.S.
• Retailers and partners include Wegmans, New Seasons Market, New Leaf Community Market, National Co+op Grocers, and Good Earth Natural Foods


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