Alum-founded Strayos wins Global Impact Award

One of the Skandlaris Center’s 2017 Global Impact Award winners is the brainchild of two Olin alumni. Data analytics platform Strayos was founded by CEO Ravi Sahu, EMBA ‘14, and CFO Greg Shapiro, EMBA ‘14, in 2016.

Strayos‘ proprietary 3D photogrammetry software eliminates the need for expensive laser scanners by automating mining and quarry site data collection. They use drone data to provide real-time 3D analytics, predicting efficient and accurate blast patterns while significantly decreasing delivery time and improving safety measures.

The second 2017 GIA winner, Genescopy, developed an RNA extraction method that enables a new wave of noninvasive diagnostic tests to prevent, detect, and treat gastrointestinal disease.

The Skandalaris Center’s GIA competition awards WashU, postdoctoral researchers, and recent alumni whose ventures are scalable, sustainable, and quick-to-market with proof of concept and a broad impact. Each of the winning teams receive $25,000 in equity-free funding.

Ravi told the Skandalaris Center that their award will support hiring plans, their global launch in Australia and Asia, and a collaboration with WashU’s Computer Science department “to build novel algorithms for big data image processing.”

Head over to the Skandalaris website for a Q&A with Ravi and Greg about growing a startup, building strong teams, and more.