Detroit’s Donavan Wright was a residential real estate investor in several locations he had lived across the U.S., which he used “to help my community,” he says. He wanted to democratize access to real estate to compensate for a legacy in many areas of the U.S. that pushed minorities out of home ownership and made home ownership challenging on many fronts, from loan access to learning how to get a fair bid to renovate a property. “I realized how difficult that is,” he says. “There aren’t a lot of tools.” He had an idea. There is a gap in access to information about how to get fair bids on home renovation projects, especially for people who have been traditionally shut out of home ownership. How could an app solve that?
London, UK, May 17, 2021—Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a definitive agreement to acquire ProQuest, a leading global software, data and analytics provider to academic, research and national institutions, from Cambridge Information Group, a family-owned investment firm, and other partners including Atairos, for $5.3 billion, including refinancing of ProQuest debt. The consideration for the acquisition is approximately $4.0 billion in cash and $1.3 billion of equity. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close during the third quarter of 2021.
Ann Arbor-based Shuffleboard officially launches today, with a 40% discount for anyone looking for a remote team collaboration tool. The idea, from founder Sam Pierce Lolla? Make remote team collaboration more like in-person brainstorming. Shuffleboard alleges to cut down on Zoom fatigue, and also creates a process by which professional teams can glean feedback from clients or colleagues in a simple streamlined process. Lolla has years of professional experience working with professional teams to help them collaborate. The Shuffleboard tool is a natural extension of a lot of expertise and deep knowledge of team brainstorming process best practices.
This year has seen a number of new security startups in the Ann Arbor Detroit region, as alum of Duo Security, Censys, and other security companies head off on their own entrepreneurial journey. The great news is that they’re all different, serving different markets with different solutions. They also have something to teach all of us about the tech startup journey.
“In insurance, there is certain data that matters in writing a risk,” says Jeff Heine, CRO of Groundspeed Analytics, a top-rated Ann Arbor fintech startup that is disrupting the insurance industry. “But they don’t use more than 10 percent of the data. With AI,” Heine explains, “we’re taking the intensive manual effort [to analyze the data] and automating that.” Groundspeed was rated a finalist for InsurTech Honor of the Year Award by Insurance Insider, was listed by Business Insider as a top Breakout Fintech Star, and was named by the 2020 CB Insights Fintech 250 List of Fastest Growing Fintech Startups. It’s one of the hottest new AI startups coming out of emerging tech hub Ann Arbor, Michigan, but it hasn’t gotten the same attention as many cybersecurity or conversational AI companies because the fintech space is often disconnected from other innovative startups in the Midwest. Groundspeed has gained a lot of ground under the mainstream radar.
Universities everywhere are trying to trim budgets and plan for virtual instruction in case of a second wave in the Fall 2020 semester, but where does that slack come from? In the case of schools where staff is at essential levels already or there are unavoidable cutbacks or furloughs, can software help remaining faculty and staff do more with less?
The idea? Put publicly available datasets all in one place so it’s easier for researchers to do text mining and analysis on over 19 million academic articles. The CORD-19 dataset, a full-text and metadata dataset of COVID-19 and coronavirus-related research articles, is included. Amy Kirchhoff is the Text and Data Mining Business Manager at ITHAKA, the company that runs popular academic research site JSTOR. Kirchhoff is also an Archive Service Product Manager at Portico, ITHAKA’s content preservation archive. She leads a team building a new service to allow users to mine datasets related to COVID-19 research along with a host of other related data and published papers. “We are building a text mining service,” Kirchhoff says of the new program, which allows customized searches of aggregated datasets related to the novel coronavirus outbreak.
Ann Arbor-based academic research database company ProQuest has just announced it is aggregating a database of coronavirus and related virus research available through its library customers and to academic research users for free to assist in research and data analysis of the quickly developing COVID-19 outbreak. “The Coronavirus Research Database saves time and improves outcomes for researchers by aggregating authoritative content from ProQuest with content made available at no cost by members of the International Association of STM Publishers…. Journals, preprints, conference proceedings and dissertations provide comprehensive coverage of COVID-19 and other past coronavirus outbreaks, such as MERS and SARS, for context around the current global pandemic. Full-text content in the database is available either directly from ProQuest or via links to publisher sites.”
Joe Affholter of Michigan State Unversity and Michelle Larkin at the University of Michigan have essentially the same job: get academic research in the life sciences from the laboratory where it is discovered in Michigan’s half dozen largest research universities out to industry. Sounds simple, but it’s anything but. That’s because the MEDC’s Life Sciences MTRAC program is tasked with licensing technology invented in the academic system, mentoring new founders who often did not start in industry, and with helping companies get funded through clinical trials and the push out to the commercial market, which can take years to complete.
“I began working at Menlo Innovations in February 2018 as a Software Developer, though recently I’ve shifted to Quality Advocate (QA) as my main role,” says Kyler Wilkins, or Ki5 as he’s known in the local music scene. Kyler is a hip hop artist, beatboxer, singer/songwriter, and looping artist. His music sounds like a combo between hiphop and EDM, and he’s good. He does a lot of covers, but the music he put together on the night we saw him in Ann Arbor was original, complex, and intriguing. He’s been featured on NPR’s All Songs Considered, and says it was a natural progression for him to step up in his role at Menlo, which is now famous for its founders “joy-based” software and culture design process for engaging work environments, to combine tech and music.