Frank Food System

A New Standard in Food Safety, Allowing for Temperatures to be Taken with Minimum Fuss and Non-Compliant Temperatures Actioned Straight Away.

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The Premise

Across Australia each year over 1.4 millions instances of food poisoning take place. 120 of these instances result in death. In restaurants, cafes and other food businesses across the country, these are potentially preventable and unnecessary.

The Solution

FRANK is a food safety application that removes the burden of pen and paper, making it easier for food based businesses to record their food temperatures and ensure they are compliant.

The founder brings 25 years of food industry and auditing experience to the table. In particular, FRANK has been designed not to fully automate food safety processes, but rather to enhance the responsibility and accountability within the team to ensure greater awareness and ultimately, preventative action.

Key Venture Building Areas

Engenesis worked closely in the product design stage of FRANK and guided the validation process to dramatically reduce the risk of the venture before the go to market stage.

The product is successfully generating revenue and is expanding its customer base in Australia and has recently featured in community events such as the Maggie Beer Foundation conference.

Elligo

Authentic Opinion Data Empowering Small Businesses.

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The Premise

In the market research industry, one of the biggest issues is in sourcing unbiased information. Many methods to gather customer insights involve users incentivized for their feedback. Elligo revolutionizes this by providing a low friction, social media based rolling poll system that allows users and companies to obtain user insights quickly and in a natural and inviting way.

The Solution

The way this data is brought to the market is an area the company is out to disrupt. Where currently only corporations and large companies are able to harness big data, Elligo's vision is to provide a new level of accessibility to data-driven decision making for small and medium sized businesses.

Key Venture Building Areas

The team includes an engineer, data scientist and accountant. Being a young, highly energetic and visionary team, they bring great potential to a high growth industry.

The key area that Engenesis has worked with Elligo in has been in commercialisation; from initial idea to prototype and development of the business model. In addition, being the first venture of the founding team, Engenesis has played a major role in building the human capital of the team. Ensuring that they are prepared for the entrepreneurial journey ahead, and are getting the most out of the team and their network of resources.

The team has completed the product design and continues to gain commercial interest as the product aims to be released later this year.

D-Risk

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Overview

D-Risk is a FinTech AI platform that works in the investment banking and surrounding fields. The software takes a previously manual process for creating credit rating reports for companies and turns it into an easy to access instantaneous report.

The Challenge

D-Risk involved PhD level research to create an artificial intelligence system that was able to replicate the manual process to over 90% accuracy.

While a sophisticated artificial intelligence engine had been developed, there were large gaps in how to commercialize the technology and intellectual property. Although it was highly valuable in itself, it was not in a state that could be used by everyday users.

Venture Building Areas

Engenesis supported by creating a UI UX prototype and designing how the software platform would be used on a day by day basis. This was then turned into a clickable usable prototype.

Using an API based structure, the user-facing system was created such that the AI could be utilized by users of the financial industry. The product has passed regulatory hurdles and is now entering pilot pilot engagements by a number of large banks and other financial institutions across Asia.

The company has recently been selected as one of the top 50 startups in the Asia Pacific.

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Overview

Xeali is a platform for coaches, therapists and consultants with the vision to disrupt the well being industry.

In the midst of the leaps in technological innovation, we posed the question: "What if, rather than looking at what technology can do, we looked at what it can NOT do?" It was identified that people will still need to work with people to cause lasting change and transformation. The role of Xeali is to facilitate and empower this process in the digital era.

The Challenge

The work of coaches, therapists and consultants day in and day out causing change, transformation and an uplift in human performance is very complex. There are many layers and subtleties that need to be considered when moving knowledge, skills and wisdom from one human being to another.

Xeali has started with the challenge of how to support the day to day process of people in this line of work. This involves dramatically reducing the administrative burden of scheduling, billing and client note taking that takes these professionals away from doing their best work.

Venture Building Areas

Xeali was born from the Engenesis team and funded directly. From customer research, to wireframing, to UI/UX, to prototyping and development, the team has been hands on through the entire process.

It is currently developed and tested with leading coaches, consultants and mental health professionals and we look forward to launching it later in 2019.

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