Helios Life Enterprises Raises $250K In Pre-Seed Investment Round
NEW YORK, August 2021 - Pioneer in voice-based tonal analysis, Helios Life Enterprises, today announced that the firm raised $250,000 in pre-seed funding.
NEW YORK, August 2021 - Pioneer in voice-based tonal analysis, Helios Life Enterprises, today announced that the firm raised $250,000 in pre-seed funding.
The round was led by a collection of New York angel investors, most notably Baron Davis. Davis is a two-time NBA All-Star who played for the Charlotte Hornets, Golden State Warriors, Los Angeles Clippers, Cleveland Cavaliers, and the New York Knicks. Outside of basketball, Baron is an accomplished entrepreneur and founder of several organizations including Sports and Lifestyle in Culture (SLIC), The Black Santa Company, BIG, No Label, and Rising Stars of America.
Chief Scientific Officer and Co-Founder, Dr. Gerwin Schalk notes: "We've pioneered an entirely new category within the world of alternative data. This innovative team and now robust platform represents the pinnacle of my scientific career. I couldn't be more excited for what's in store for us as we blaze this path forward. The collection of investors, including seasoned tech investor Baron Davis, really substantiates our vision. We're proud to have them on board so early."
The Helios team will utilize this generous investment for continued research, development, and innovation for an expanded, next-generation product as well as efforts to bolster relationships in the space. Helios’ advanced voice-processing AI technology provides a novel source of alpha proven to outpace the market. Neurolinguistic and behavioral studies show that tone of voice accounts for nearly 40% of human communication. It is not only about what is said, but how it is said that reveals information not registered by traditional text-based analysis and further leaks executives’ emotional state.
Helios is the first and only organization to create a successful data platform that delivers tonal analytics of executives’ voices during critical company events and meetings with proven results. Helios has crafted one-of-a-kind product offerings through the Comprehend Suite and has upcoming projects to expand the offering even further. By 2020, this upcoming release will represent a 1,000x increase in data.
To learn more about the value of voice-based analysis, read our white paper authored by Helios Co-Founder and Chief Scientific Officer, Dr. Gerwin Schalk.
About Helios Life Enterprises
Helios Life Enterprises (HLE) is a pioneer in voice-based tonal analysis. HLE is the first and currently only company to conceive and devise a widely available data platform that delivers systematic analytics of an executive’s voice during critical corporate events. These analytics provide novel information that is useful for predicting future earnings surprises, company performance, and cumulative abnormal returns in the context of M&A events. Core product offerings include the Comprehend product suite for buy-side investors of all sizes and in limited pilot Mercury; a scaled research and audio analytics platform that allows a firm to extract full tonal value from their own proprietary audio.
For more information or to request a demonstration, please visit https://www.helioslife.enterprises/.
About Baron Davis
One of our key investors, two-time NBA All-Star Baron Davis played for the Charlotte Hornets, the Golden State Warriors, the Los Angeles Clippers, the Cleveland Cavaliers, and the New York Knicks.
Off the court, however, he’s a big-time investor, entrepreneur, and businessman who founded several companies including Sports and Lifestyle in Culture (SLIC), The Black Santa Company, BIG, and No Label. His nonprofit Rising Stars of America helps to raise funds for basketball camps and sponsors AAU teams across Los Angeles. As one of the original investors for Vitaminwater, it’s safe to say Baron knows a good investment when he sees one.
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