Stat Zero emerges from stealth to launch a billion dollar venture-as-a-service platform aimed at solving global challenges
Silicon Valley-based Stat Zero came out of stealth today with $1 billion dollar to launch the world’s first venture-as-a-service platform aimed at solving global challenges. The new digital co-investment platform aimed at aligning global entrepreneurship, government, and venture capital to broaden opportunity and transform communities and global economies. Stat Zero will soft launch during the SF Tech Week, in San Francisco, CA at the Tulip Conference on June 3-7th, 2019.
Founded by Northeastern University alum Marquis Cabrera and Eddie Vaisman who resigned from their recent leadership roles within IBM and TrueMotion to launch company, Stat Zero merges social innovation and emerging technology to enact global change. Its mission is to evoke change to form a world where everyone is given the opportunity and empowerment to thrive. As its name suggests, Stat Zero’s mission is to achieve zero homeless, zero pollution, and zero disease, among others.
“When I worked at the White House, then Chief of Staff Rahm Emanuel advised me to go spend time learning public, private, nonprofit and entrepreneurship spaces to understand stakeholder interests. Over 10 years, I’ve worked in various sectors; from GovTech to energy and utilities to defense and social programs. At Stat Zero, we’re bridging technology across industries to help diverse communities thrive. As CEO, I am excited to work with some incredibly skilled operators, like my CTO Eddie Vaisman,” Cabrera added.
Stat Zero also has partnerships with various organizations. “We mobilizes governments, investors, and citizen innovators to tackle global problems at-scale by developing an XaaS investment platform focused on using emerging tech to meet grand challenges. It also leverages its portfolio companies’ intellectual property to create new offerings, new markets, and new industries that transform global opportunity zones into promise neighborhoods,” Stat Zero said on its website.
Stat Zero’s inaugural leadership and advisory team includes alumni of Google, CERN, Salesforce, Github, Harvard Business School, and Stanford University and the White House. Cabrera added, “So many talented people have aligned behind Stat Zero’s mission because we want to live in a world where zero-poverty, zero-homelessness, and zero-unemployment are achievable. Stat Zero will successfully leverage fresh solutions, in cooperation with incredibly skilled operators, to resolve global grand challenges.”
The founders bring together 20 years of experience and expertise to fulfill its mission: tackle the world’s most pressing challenges. “Stat Zero” is a digital co-investment platform for public and private investors to invest in impact ventures and emerging technologies. With a pledge of $250M, it will back ventures and unlock new market opportunities in overlooked communities primarily in the United States.
At TrueMotion, a Harvard i-Lab startup, Vaisman developed algorithms to make drivers safer. Previous to TrueMotion, Vaisman worked on the Large Hadron Collider at CERN and in the Defense sector for Science Research Laboratory. He also worked for Charles Stark Draper Laboratory on grants funded by the NSF, NASA, and DARPA in projects including high power photonics, satellite surveillance, and panic and disease spread. Vaisman has degrees in physics and electrical engineering and spent 6 years as a data scientist implementing predictive models using machine learning and signal processing.