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XMeet the Startup That Wants To Deliver Ketamine to Your Door
David Shultz
David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.
Ketamine is on the come up in the pharmaceutical world. Once confined to nightclubs and operating rooms, the drug is quickly gaining recognition as a valuable tool for treating mental health disorders including depression and anxiety.
Amid these rising tides, Wondermed has emerged, offering telehealth consultations and, potentially, the ability to deliver the drug right to your doorstep—all while building out a virtual platform and collecting data on how to use the molecule more effectively.
At the moment, the company provides a mail order service for courses of ketamine lozenges to those who’ve been prescribed the drug along with a telehealth software bridge between doctor and patient. Wondermed currently operates in five states — California, Texas, Florida, New York and Connecticut, though it plans to expand to another eight to 10 states in the next two weeks.
In the long run however, its plans are much bigger than being a link between doctors and patients.
“We generate more than 3,000 data points on every patient that comes into the funnel, and actually receives the medication,” says co-founder & Managing Director Jose Aycart.
His company is building out its online platform to collect and analyze patient data and provide mental health support services that may be useful, regardless of whether or not a patient is taking ketamine.
These data show in granular detail how ketamine therapies work. Does the route of administration matter? Does time of day matter? What types of patients are most likely to experience positive outcomes? It’s this data that represents the biggest business opportunity for Wondermed. The specifics of the monetization are still being worked out, but Aycart says it will never sell anonymized patient data to other companies.
Wondermed is in the midst of a seed funding round, targeting $7 million by the end of the month; It’s raised $5.6 million so far.
The company makes a bit of revenue by charging patients for consultations, but in the event that a patient doesn’t wind up using Wondermed’s platform, the consultation fee is refunded. For patients who are prescribed ketamine, the company charges only as much as the drugs cost them ($249 per month, which includes four doses), so neither Wondermed nor the physicians in its employ are incentivized to over-prescribe.
The drugs themselves are supplied by Tailor Made Compounding, a pharmacy in Nicholasville, Kentucky, and Wondermed is working on additional contracts in the pipeline with several other suppliers.
. Wondermed’s transformation comes as ketamine, which has typically been restricted to use as a general anesthetic, is quickly gaining recognition as a valuable tool for treating mental health disorders like depression and anxiety.
“What I’ve found interesting is how rapidly this field has emerged,” says Steven Grant, a drug and addiction researcher who spent 25 years at the National Institute on Drug Abuse and is now retired.
Ketamine is a simple organic molecule that first gained clinical popularity in the 1960s as an anesthetic. It produces a dissociative state in patients and dulls pain. Once in the bloodstream, the molecule travels to the brain where it binds to a protein called NMDA on the surface of neurons. NMDA has a variety of jobs, but it’s best-known for its role in learning, memory, and neuroplasticity—or the brain’s ability to form new pathways between neurons.
While the research into why ketamine is such an effective treatment for depression and anxiety is ongoing, the consensus so far is that the molecule’s power comes from this ability to rewrite or rewire the brain’s circuitry. If you’ve ever had an anxiety attack or a depressive episode, it can often feel like you’re stuck in a mental loop. Ketamine, it seems, offers a way to break that loop.
“It was this idea that you're increasing your neurological connections in the brain,” says Aycart. “You have the opportunity now to spark new forms of thought, new forms of emotion, or even new ideas.”
Unlike selective serotonin reuptake inhibitors (SSRIs) and other traditional drugs used to treat depression, ketamine’s effects are fast-acting—often appearing within minutes or hours of administration—and don’t require taking the drug daily.
“It really is revolutionary, and that’s why now more than ever, people are starting to get access to it, and companies like ourselves are really trying to bring it to people as an alternative form of medicine,” says Aycart.
Grant says the rise of ketamine clinics and telehealth services like Wondermed are likely a net positive because they increase patient access to drugs patients need, but he also has reservations about how the therapies are being applied.
Many of these psychoactive drugs—especially ketamine—are intended to be used in tandem with therapy, or at least under the supervision of a trained professional. Increasing the brain’s plasticity is a valuable tool for breaking out of depressive loops, but unless a professional is there to help the patient settle into a healthier mental pattern, the full benefits may be left on the table.
Wondermed offers a variety of supplementary support and strategies along with the drugs themselves, but taking advantage of these tools is left to the patient’s discretion. Grant would like to see a larger focus on extending and expanding that auxiliary support.
The company says it’s focused on building out the platform’s nonmedicinal mental health strategies—things like breathwork, meditation, music therapy—and adding them to an app. If they can get enough people on board, the eventual plan could be to sell health insights back to patients through a subscription model or something similar. They may even patent their own psychedelic molecules in the future. But all of this is likely quite a ways out.
“What we're trying to do is very new, and the landscape yet hasn't been built out,” says Aycart.
Clarification: This story has been updated to clarify Wondermed's monthly rate for ketamine lozenges.
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David Shultz
David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.
A Breakdown of the Data Snapchat Collects on Users
09:46 AM | November 14, 2022
Sebastian Miño-Bucheli
Santa Monica-based app developer Snap calls itself a camera company, but it’s really in the business of social media – and more specifically, advertising.
What Data Does Snapchat Collect?
Snapchat, their primary application, collects a myriad of data on its roughly 363 million daily active users, from basics like device information to detailed location tracking. "From day one, we’ve embraced data minimization, and believed that the best way to protect user privacy is to not store data at all, and if we do have to store it, to do so for a short and fixed period of time," Snap spokesman Pete Boogaard told dot.LA.
As such, like most tech companies’ privacy policies and terms of service, the verbiage is intentionally vague or full of legalese designed to make the user gloss over and click “agree.” But Snapchat does have to provide its users some details of how it collects, stores, and uses the data it gains from interacting with the app.
Bill Budington, a senior staff technologist at the Electronic Frontier Foundation, told dot.LA that the common phrase, “necessary to provide service,” is particularly concerning.
“These are very vague ways to basically give a green light to very permissive practices in terms of your data,” Budington explained. He pointed out the ambiguous nature of the word “necessary,” adding, “[tech companies] can deem all sorts of things necessary, [including] using your location at every moment to better tailor their services to your life.”
While Snapchat’s terms of service haven’t changed since last November, the company most recently updated its privacy policy on July 29. Let’s dive into the various types of data Snapchat collects, how it stores it (and for how long), and perhaps most importantly, how Snapchat says it’s used.
Why Does Snapchat Collect Your Location Data?
Snapchat is very invested in collecting users’ precise location data, if users allow it. Its Snap Maps feature launched in 2017 lets users opt-in to showing their Bitmoji avatar on a map corresponding to their location and also allows them to track other friends who have opted in. It’s not dissimilar to Apple’s FindMy app.
In the past, the feature has raised concerns for its ability to make it easier for bullies and stalkers to find targets. Snap Map location, however, isn’t public information. Snapchat says location on Snap Maps will disappear after 24 hours, or when a user deliberately goes into “ghost mode” to hide from friends – but that doesn’t mean the app still isn’t tracking their movements. The company noted that unless you opt-in to live location sharing, the Snap Map won’t update with your location when you’re not actively using it.
Boogaard told dot.LA that while many of Snapchat’s core features do require location tracking, “location-sharing is off by default for all users” and “Snapchatters have complete control over their location sharing.” Snapchat added that there is no option to share your location with any user you aren’t friends with and that users have to individually select friends to share their location with.
Snapchat clarified that it does use location data to provide its Geofilters – custom photo and video filters often themed around specific places or events – and show people what’s nearby (also useful for ad purposes).
“We don’t share personal data about the users of the Snapchat app with data analytics providers,” Boogaard said.
Snapchat employees can also allegedly access all this information, and more – in 2019 Motherboard reported on a tool called SnapLion that it claimed was abused by employees to “spy on users.” In response to the report, Boogaard told dot.LA, “Any perception that employees might be spying on our community is highly troubling, and wholly inaccurate." Boogaard added, "Protecting privacy is paramount at Snap. We keep very little user data, and we have robust policies and controls to limit internal access to the data we do have, including data within tools designed to support law enforcement. Unauthorized access of any kind is a clear violation of the company's standards of business conduct and, if detected, results in immediate termination."
How Does Snapchat Use Your Content?
Snapchat can see the snaps you send, who is receiving them, and how often you’re online, as well as the metadata in each image.
Snapchat’s Streak feature (which tracks how long you and friends have regularly been sending and opening each other’s content) is one reason why the app also collects data on how often you and your friends open messages or capture screenshots.
It also tracks and scans the content users upload to its Memories feature. This is to train its AI to recognize the content of user images. In its privacy policy Snapchat notes that “if there’s a dog in your photo, it may be searchable in Memories by the term ‘dog,’” as part of its goal to make image search more accessible.
Snap’s policy also dictates that any public content a user generates on Snapchat is also fair game for the company to share though it doesn’t say how it will share this content.
What Data Does Snapchat Collect From Accessing Your Camera?
Besides the typical use for taking pictures, Snapchat can also access information from Apple’s TrueDepth camera – the front-facing, high-powered cameras that Apple’s iPhone X uses to record Face ID and Memoji data.
Snapchat says it uses this data “to improve the quality of Lenses”—its filter and augmented reality feature. But it also said it doesn’t collect biometric information, much less store the data on its servers or give it to any third parties.
Still, that’s a practice that’s come under scrutiny recently. In August, Snap was sued, accused of violating Illinois’ Biometric Information Privacy Act by collecting and storing users’ biometric data without their consent. That $35 million case is expected to head to settlement next week, after a judge couldn’t rule in favor of either party. "Snap continues to vehemently deny that Lenses violate BIPA, which was designed to require notice and consent before collecting biometric information used to identify people," Boogaard told dot.LA.
How Does Snapchat Use Your Data?
Now that we know all the information Snapchat collects, what is the company doing with it?
The main use case is advertising. Snapchat has a myriad of advertisers on its platform and they are all eager to turn users into sales by showing them the most relevant ads. Ad pricing starts at a modest $5 per day, so theoretically anyone with a marketing budget and the right connections could use Snap’s tools to market to its growing audience of Gen Z and Millennials.
Snapchat promises advertisers “advanced targeting capabilities,” and the benefit of finding a target audience using its location, demographics, interest and device data.
But who’s getting this information? That’s where things get vague. Snapchat doesn’t have to tell users specifically which companies are getting access to their data. The company notes it may share information with service providers that it contracts for services like ad analytics or payments. The company also says it might share user information with “business partners that provide services and functionality” for Snapchat, but again, doesn’t elaborate any further.
Snapchat also says it will share information about users if it could help “detect and resolve any fraud or security concerns, comply with any investigations, legal processes or regulations and to investigate potential terms of service violations.”
Snapchat doesn’t have to tell users when it turns over this data, though. In fact, most apps don’t.
How Does Snapchat Store Your Data?
Snap’s Support site notes Snapchat servers are designed to delete all Snaps automatically after they’ve been viewed by every recipient; the app’s trademark fleeting quality. The servers will delete unopened Snaps between two people after 31 days, and unopened Snaps sent to a group chat after 7 days. Snaps sent to your story are wiped from the servers 24 hours after posting.
Snapchat also says that when you delete a Snap in chat, it deletes it from its servers and will “make our best attempt” to wipe it from your friends’ devices.
If you post a Snap to Memories, though, Snapchat’s servers will back them up forever – unless you delete them, in which case they’ll be erased ASAP.
So what’s the safest way to protect your personal information on Snapchat? Well, Budington recommends an easy fix: simply don’t use it. But for people who are determined to keep their account but want to access what Snapchat collects, there are ways to download your Snapchat data.
You can also opt-out of audience and activity-based ads and third-party ad networks. This will mean the ads on your Snapchat will be less relevant, but the trade-off is that the app will use less of your personal data for marketing purposes.Snap is an investor in dot.LA.
Correction: An earlier version of this article incorrectly described Snap Map's location tracking feature. The feature needs to be enabled first, and Snapchat offers the ability to turn off the feature in Map settings.
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Samson Amore
Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.
https://twitter.com/samsonamore
samsonamore@dot.la
Los Angeles’ Top Startup Incubators and Accelerators
06:00 AM | December 30, 2021
Snap Yellow accelerator program heads\u00a0Alexandra Levitt (left) and\u00a0Mike Su.
Whether you are making medical devices or movies, if you have a promising startup chances are there’s someone out there to help.
Southern California is home to an armada of accelerators, incubators, startup studios and other programs designed to help new business owners develop their vision and launch the next billion-dollar business.
Some of these programs are run by investors, who often go on to back the companies they incubate in later rounds. Others were created as a way for existing companies like the Walt Disney Co. or the Los Angeles Dodgers baseball team to mine talent in their backyard for future revenue opportunities. Programs like the LA Cleantech Incubator target companies from across the globe that are developing tech to mitigate the climate crisis.
While some accelerators opt to provide funding outright in exchange for an equity stake, some prefer to not financially invest, and instead offer founders a place to work, access to mentors, and a full calendar of networking opportunities to help them connect to investors who might look to cut a check.
Local companies that grew from accelerators include Dollar Shave Club, which began at Mike Jones’ Science Inc. in Santa Monica and was sold to Unilever for $1 billion in 2016. Bill Gross’ Pasadena-based IdeaLab has also led several startups to big exits, including crypto exchange Coinbase which was valued at $80 billion when it completed an IPO this April.
Most of these accelerators accept applicants from both in and outside LA County, and some offer virtual workshops. Here’s a list of the top programs in LA that are helping new startups get off the ground.
GENERAL TECH ACCELERATORS
AmplifyLA’s accelerator backs early-stage companies that are local to L.A. County. Besides funding them through its accelerator, it works with startups in all industries to connect them to a network of L.A.-based startup founders and investors to raise additional funding once they leave the program. Notable past companies that used AmplifyLA include wine subscription firm Winc and on-demand moving and storage company Clutter.
Location: Venice Beach
Type of Funding: Pre-seed, early stage
Focus: Software, emerging technology companies, D2C brands
Serial entrepreneur Bill Gross founded IdeaLab in 1996, and it’s since backed over 150 companies and seen 45 of those either go public or be sold. IdeaLab backs companies regardless of their growth stage or industry but has a history of backing tech companies focused on environmental or social change. Success stories include robotics firm Elementary, crypto exchange Coinbase and GIF database Tenor.
Location: Pasadena
Type of Funding: All stages, focus on seed and early stage
Focus: Agnostic, focused on any tech company
Techstars is a global outfit with a chapter in Los Angeles that opened in 2017. It prioritizes local companies but will fund some firms based outside of L.A. Director Matt Kozlov said Techstars L.A. looks to fund a wide range of companies but does try to target ones working in industries that are strong in L.A., like healthcare, artificial intelligence, e-commerce, retail, property tech, software as a service, and consumer tech.
Location: Downtown Los Angeles
Type of Funding: Pre-seed, seed rounds
Focus: Aerospace, energy, robotics, wellness, entertainment, mobility/logistics, education
Notable Companies: Sanity Desk, Lightbox
Grid110 offers founders two programs: a 12-week residency program for early-stage startups in L.A. that haven’t launched yet, and another 12-week ‘friends and family’ program run in partnership with L.A.-based venture firm Slauson & Co. that offers a $20,000 grant and course aimed at “demystifying funding” and guiding founders. Unlike some accelerators on this list, Grid110 doesn’t require an equity stake in a company in exchange for participating.
Location: Downtown Los Angeles
Type of Funding: Early stage, seed
Focus: Agnostic, focused on any tech company
Notable Companies: Rent a Romper, Struct Club
Michael Jones’ Science is a venture capital firm focused on funding early stage startups, and it also runs a venture accelerator that’s incubated some big direct-to-consumer brands, including Dollar Shave Club and PlayVS. Founders work out of Science’s campus in downtown Santa Monica where they collaborate with Jones and other entrepreneurial mentors as well as a staff of marketing, tech, and business development professionals to get their idea off the ground. Usually, Science contributes these services in exchange for a board seat and/or equity in a startup.
Location: Santa Monica
Type of Funding: Early stage VC, seed rounds
Focus: Mobile companies, direct-to-consumer, marketplace and e-commerce
Notable Companies: Dollar Shave Club, Liquid Death, PlayVS, Arrive
Santa Monica-based VC Mucker Capital also runs Mucker Lab, its accelerator for startups that are either in their earliest stages of development or looking to grow by spinning off a business unit or revamping their strategy. It invests in an array of tech companies but prefers direct-to-consumer businesses. There’s no set duration for its program, but most founders work with Mucker for at least a year. Mucker invests between $100,000 and $175,000 in companies in exchange for an 8% to 15% equity stake.
Location: Santa Monica
Type of Funding: Pre-seed, or spin-off
Focus: Agnostic, focused on any tech or direct-to-consumer company
Notable Companies: ServiceTitan, Trunk Club, Honey
Law firm Stubbs Alderton & Markiles founded its six month preccelerator program to provide startups with access to other valuable resources besides funding -- including workshops, mentorship and a package of legal services and perks it estimates is worth $500,000. Notable alumni include location-based marketing startup Rally.
Location: Santa Monica
Type of Funding: Doesn’t contribute funding, provides networking, mentorship and legal services
Focus: Agnostic, focused on any tech company
MEDIA & ENTERTAINMENT
One of the world’s largest entertainment companies, Disney is always on the hunt for new investments that can enhance its growing streaming, parks and entertainment businesses. It accepts growth-stage startups that are looking to use tech to change the entertainment industry and runs a three-month summer program that culminates in a demo day in October. Disney will invest in these startups in addition to co-working space in L.A. and mentorship from Disney executives. Though Disney often plans to strike deals to use some startups’ tech in its business, companies that develop IP during the accelerator retain full ownership of it.
Location: Burbank
Type of Funding: Growth stage, venture-backed startups encouraged
Focus: Media/entertainment, streaming, social media, kids’ entertainment
Notable Companies: Epic Games, Holler, Caffeine
Snap Inc.’s Yellow accelerator is a 13-week program for startups developing anything that could enhance digital entertainment, including direct-to-consumer brands, new social apps, creative tools or augmented reality experiences. Snap invests up to $150,000 in each startup and provides a network of creative industry executives as mentors. It invests with the aim of using startup tech in future Snapchat or Snap Inc. projects.
Location: Santa Monica
Type of Funding: Stage agnostic
Focus: Companies at the “intersection of creativity and technology”
AEROSPACE
Starbust Aerospace Accelerator
The Starburst Aerospace Accelerator connects aerospace and defense startups with a network of mentors that help them fundraise and hire. It’s also a way for startups to gain inroads to potentially valuable contracts with the U.S. Department of Defense, which is always looking for the next SpaceX. The company also partners with UCLA's school of engineering to offer a 13 week Scale accelerator program, aimed at seed and pre-seed startups.
Location: Los Angeles
Type of Funding: Doesn’t contribute funding, provides networking, mentorship, fundraising help
Focus: Aerospace, defense
Notable Companies: SeaSatellites, Pierce Aerospace
SPORTS
Los Angeles Dodgers Accelerator
Founded in 2015 as a partnership between R/GA Ventures’ Global Sports Venture Studio and the L.A. Dodgers, this program provides up to $120,000 to local sports-focused startups in exchange for up to 6% equity. Originally for a limited time, the outfit expanded to be a year-round program in 2018.
Location: Los Angeles
Type of Funding: pre-seed, seed
Focus: Sports tech, food and beverage, sports entertainment
Notable Companies: Appetize, ShotTracker
FOCUSED ON STARTUPS BY PEOPLE OF COLOR
Movember is a men’s health charity that encourages people to grow mustaches in November to raise awareness of suicide prevention, testicular and prostate cancer, but it recently launched the Rooted & Rising division to invest in creators. Rooted & Rising backs young Black creators who are creating culture-shifting art and provides them with a network of like-minded mentors and in exchange for creating up to three pieces of content during the three-month program.
Location: Los Angeles
Type of Funding: Individual funds, up to $5,000 each
Focus: Creatives of color
The Starfish Accelerator was created this year to give creative people of color funds and mentorship to create projects. Backed by the Doris Duke Foundation, participants are given a $50,000 grant and access to several mentors for six months to produce their work.
Location: Los Angeles
Type of Funding: Individual funds, up to $50,000 each
Focus: Creative IP, creatives of color
Expert Dojo is an international group with a cohort in Santa Monica. It prioritizes backing women-led startups and companies run by people of color. It invests an initial sum of $25,000 to $100,000 in participating pre-seed and seeded startups, and often invests in follow-on rounds up to $1 million. Local success stories include travel app Elude and influencer booking site Mavens List.
Location: Santa Monica
Type of Funding: Pre-seed, seed
Focus: Tech companies led by women and/or people of color
CLIMATE & CLEAN TECH
LACI’s goal is to fund startups that are both local and global that will create technologies to mitigate the effects of climate change and create greener, smarter cities. It runs several programs including a two year-long incubator where companies work out of its Downtown LA office, and invests in up to 50 startups each year.
Location: Arts District
Type of Funding: Pre-seed, seed, Series A and B
Focus: Clean energy, renewables/sustainability, solar, smart cities
COLLEGE/UNIVERSITY-RUN PROGRAMS
UCLA Anderson Venture Accelerator
UCLA’s venture accelerator is a four-month program that has incubated over 70 companies, which have raised $144 million in funding. Led in part by entrepreneur in residence Rod Kurtz, it helps student and faculty entrepreneurs bring their ideas and research to market.
Location: Westwood
Type of Funding: Doesn’t contribute funding, provides networking and mentorship opportunities
Focus: Agnostic, focused on any tech company. Student, faculty and alumni startups preferred.
Notable Companies: UNest, KPOP Foods
USC’s startup accelerator’s next cohort begins in Spring 2022. It doesn’t take equity, but also doesn’t offer funding -- instead connecting founders with potential investors snad giving them hands-on guidance and access to coworking space.
Location: Marina del Rey
Type of Funding: Doesn’t contribute funding, provides networking and mentorship opportunities
Focus: Deep Technology, Machine Learning and AI. Student, faculty and alumni startups preferred.
HEALTH, WELLNESS & BIOTECH
Founded in 2015, Cedars-Sinai Hospital’s three-month program gives companies up to $100,000 in funding and access to mentors both on the executive and medical sides of the business. It prioritizes startups looking to innovate in patient care, cybersecurity, genetics, machine learning and medical devices.
Location: West Hollywood
Type of Funding: Early/growth stage, seed, Series A.
Focus: Healthcare, Information management, Medical technology
Notable Companies: AppliedVR, CancerAid
CITY & COUNTY-RUN PROGRAMS
Created by Mayor Eric Garcetti in 2016, this program is a nonprofit that supports local businesses with mentorship and networking for funding. Applicants must be based in L.A. County, and all areas of tech are accepted.
Location: Greater Los Angeles
Type of Funding: Doesn’t contribute funding, provides networking and mentorship opportunities
Focus: Hardware, food and agriculture, healthcare/biotech, mobility, aerospace, manufacturing
Founded and fully supported by the City of Long Beach, this accelerator provides seed funding and mentorship and also helps companies plan exit and acquisition strategies. Run by managing director Andrea White-Kjoss, the four-month program gives founders access to $75,000 to $100,000 in exchange for 6-7% equity. The accelerator launched as digital only, but is planning an in-person component soon, pending COVID regulations.
Location: Long Beach
Type of Funding: seed
Focus: Tech startups located in Long Beach
An earlier version of this post also listed the Techstars Aerospace Accelerator, which is no longer in operation.
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Samson Amore
Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.
https://twitter.com/samsonamore
samsonamore@dot.la
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