A Renewed Focus on What is Important
It is hard to believe that we are approaching mid-May and that so much has changed in the world over the last few months. Just a short while ago we were deep in the hustle and bustle, cities were noisy with packed streets, lunches were hard to schedule, and we were busy juggling our professional, family, and social calendars. Then everything came to an abrupt halt as the COVID-19 pandemic struck and brought with it much instability and uncertainty. Our lives slowed down considerably, the vast consumerism to which we’ve grown so accustomed effectively ceased, and we began to focus on what is important to us, even realizing we may have taken some things for granted. We have focused on our health and safety, on our ability to buy food and basic necessities, and on our ability to provide our children with a quality education. At Emmett, we have noticed an increased dialogue around real-world issues that we have been focused on since the beginning.
At our core, we believe that we must focus on the important problems that we face as a society by investing in the entrepreneurs and businesses creating solutions to these problems. Emmett Partners’ commitment to this thesis is more important and relevant now more than ever. It is our belief that this will not only result in improved societal outcomes, but also reduced risk exposure of investment capital to the typical economic/business cycles.
Throughout this pandemic, our portfolio has validated this investment thesis. Motivo, which streamlines the licensure process for pre-licensed mental health therapists by moving an offline process online, has seen an accelerated interest in its product. Miku, which offers the world’s most advanced baby monitor that provides real-time breathing monitoring in a fully contactless solution, has not only seen increased revenue in the consumer market, but has also tailored its product for use in a professional healthcare setting because of demand in that sector. In a fundraising market that has many investors sitting on the sidelines, Stormsensor, which provides a storm-water monitoring solution, was able to raise a new round of equity financing and continues to convert its sales pipeline.
We wish everyone continued health and safety during this difficult time and look forward to continue the dialogue as to how our investments and impact efforts can contribute to the future.
Warmly,
The Emmett Partners Team
