Evolve Biosystems was based on a spectacular discovery
at the University of California, Davis and they discovered
incredibly that 15% of human milk
was not usable by the baby -
so what was it for?
It turns out now that we know that that
feeds a very specific gut microflora
in that infant which is critical for the immunological
development of that baby.
Most people don't know, but 80% of the immune system
is actually associated with the gut.
We quickly identified what was the key microorganism involved
in that natural microbiome.
We were able to grow that microorganism
and provide it back to the babies.
And the question then was how we can move that technology now,
that great science that was discovered, into a product
that we can get out to the public. Starting
from the beginning of this company at UC, Davis
to where it is now -
and we've grown dramatically - up to 50 employees
now. When we first started receiving series round fundings,
we decided that it was time to start scaling the company.
We were getting ready for commercialization
and to start putting the product out in the market.
We knew that we needed to hire more individuals.
And in order to do so, we needed help.
I've started up a number of small technology
companies, biotech companies,
and we're faced with the same issue all the time.
And that is how to handle all the logistics associated
with a new enterprise.
When we found Insperity, they managed
to take care of all of that activity
and allow the senior leadership of the company
to focus more on getting this company
into the commercial sphere successfully.
What they were able to do was to help
get a setup from a payroll and an HR perspective,
and essentially manage that whole operation for us. When
we go into our payroll and process payroll -
it's a click of a button.
We are able to go in there, do a quick review, quick
scan, submit payroll, and simple as that. Insperity
also helps us attract investors
and it helps provide that infrastructure
that we need to continue our growth trajectory.
I think everybody that comes into this company
is doing their hard work thinking
that I'm actually helping babies not just in this country,
but around the world.
If we can reduce the levels of food allergies
and asthma and type 1 diabetes
and these autoimmune disorders simply
by resetting the development of that immune system
can have a huge impact worldwide.
Insperity has been very beneficial on that scale
as we continue to get to 75-100 employees.
They are our foundation.
It's an exciting time to be here.
We're excited for our current pipeline of scientific studies
and trials.
And we're also excited for the growth
that we'll see as a company.