Voyant Company Profile

Background

Overview

Voyant is a diversified company operating across multiple sectors, including financial planning software, personal care product manufacturing, and advanced LiDAR technology. Each division leverages innovation and expertise to deliver specialized solutions within its respective industry.

Mission and Vision

Voyant's mission is to empower clients through innovative solutions tailored to their specific needs, fostering growth and success across various industries. The company's vision is to be a leading provider in each sector it serves, driving progress and setting industry standards.

Primary Areas of Focus

• Financial Planning Software: Developing collaborative financial planning and wealth management tools for advisors and their clients.

• Personal Care Product Manufacturing: Offering value-driven manufacturing and supply chain solutions for beauty, skincare, and household products.

• Advanced LiDAR Technology: Creating compact, efficient, and affordable LiDAR systems integrated onto semiconductor chips for various applications.

Industry Significance

Voyant's diverse operations position it as a significant player in each of its sectors, contributing to advancements in financial technology, personal care manufacturing, and sensor technology.

Key Strategic Focus

Core Objectives

• Financial Planning Software: Enhance advisor-client collaboration through intuitive and adaptable financial planning tools.

• Personal Care Product Manufacturing: Provide comprehensive manufacturing solutions that support brand growth and market competitiveness.

• Advanced LiDAR Technology: Advance machine perception by delivering compact and cost-effective LiDAR solutions.

Specific Areas of Specialization

• Financial Planning Software: Collaborative financial planning, wealth management, and client engagement.

• Personal Care Product Manufacturing: Product ideation, formulation, packaging design, and regulatory assistance.

• Advanced LiDAR Technology: LiDAR-on-a-chip integration, on-chip digital beam steering, and silicon photonics fabrication.

Key Technologies Utilized

• Financial Planning Software: Cloud-based platforms, data analytics, and scenario modeling.

• Personal Care Product Manufacturing: Aerosol and liquid filling technologies, fragrance packaging design, and quality assurance systems.

• Advanced LiDAR Technology: Semiconductor fabrication processes, optical component integration, and digital beam steering techniques.

Primary Markets or Conditions Targeted

• Financial Planning Software: Financial advisors, institutions, and individual clients seeking comprehensive financial planning solutions.

• Personal Care Product Manufacturing: Beauty and personal care brands, including startups and established companies, requiring manufacturing and supply chain support.

• Advanced LiDAR Technology: Industries such as autonomous vehicles, drones, robotics, and smart infrastructure requiring advanced sensing solutions.

Financials and Funding

Funding History

• Financial Planning Software: Acquired by AssetMark Financial Holdings on March 1, 2021.

• Personal Care Product Manufacturing: Privately held; specific funding details not publicly disclosed.

• Advanced LiDAR Technology: Raised approximately $34.2 million, including a Series A round of $15.4 million in December 2021 and an extension of $3.19 million in July 2023.

Total Funds Raised

• Financial Planning Software: Specific total funds raised not publicly disclosed.

• Personal Care Product Manufacturing: Specific total funds raised not publicly disclosed.

• Advanced LiDAR Technology: Approximately $34.2 million.

Notable Investors

• Financial Planning Software: AssetMark Financial Holdings.

• Personal Care Product Manufacturing: Specific investors not publicly disclosed.

• Advanced LiDAR Technology: UP.Partners, LDV Capital, Contour Ventures, Defense Advanced Research Projects Agency (DARPA), Remarkable Ventures.

Intended Utilization of Capital

• Financial Planning Software: Enhance product offerings and expand market reach.

• Personal Care Product Manufacturing: Invest in manufacturing capabilities and innovation.

• Advanced LiDAR Technology: Scale production, advance product development, and expand market reach.

Pipeline Development

Key Pipeline Candidates

• Financial Planning Software: Ongoing development of collaborative financial planning tools and wealth management solutions.

• Personal Care Product Manufacturing: Continuous introduction of new personal care and beauty products.

• Advanced LiDAR Technology: Voyant SAFE, Voyant Guide, Voyant Blue, and Voyant Forest sensors.

Stages of Clinical Trials or Product Development

• Financial Planning Software: Product development and market expansion.

• Personal Care Product Manufacturing: Product development and manufacturing.

• Advanced LiDAR Technology: Product development and scaling.

Target Conditions

• Financial Planning Software: Financial planning and wealth management.

• Personal Care Product Manufacturing: Beauty and personal care needs.

• Advanced LiDAR Technology: Autonomous vehicles, drones, robotics, and smart infrastructure.

Relevant Timelines for Anticipated Milestones

• Financial Planning Software: Ongoing product enhancements and market expansion.

• Personal Care Product Manufacturing: Continuous product introductions and manufacturing improvements.

• Advanced LiDAR Technology: Product launches and scaling efforts.

Technological Platform and Innovation

Proprietary Technologies

• Financial Planning Software: Cloud-based platforms and data analytics tools.

• Personal Care Product Manufacturing: Aerosol and liquid filling technologies, fragrance packaging design.

• Advanced LiDAR Technology: LiDAR-on-a-chip integration, on-chip digital beam steering, silicon photonics fabrication.

Significant Scientific Methods

• Financial Planning Software: Scenario modeling and data-driven financial planning.

• Personal Care Product Manufacturing: Quality assurance systems and regulatory compliance.

• Advanced LiDAR Technology: Semiconductor fabrication processes, optical component integration, digital beam steering techniques.

Leadership Team

• David Kaufman: Co-founder and CEO of Financial Planning Software division.

• Arthur Walker: CTO and Co-founder of Financial Planning Software division.

• Sonia Grover: Senior VP of Professional Services in Financial Planning Software division.

• Troy Mutter: Co-founder in Financial Planning Software division.

• Ed Byczynski: CEO of Personal Care Product Manufacturing division.

• Nathan R. Johnson: Chairman, Interim CEO, CFO, and Secretary of Advanced LiDAR Technology division.

Market Insights and Competitor Analysis

Voyant operates in competitive and dynamic markets across its three divisions:

• Financial Planning Software: The market is characterized by rapid technological advancements and increasing demand for personalized financial planning tools. Competitors include AdvisorEngine, RightCapital, and eMoney, each offering varied features and market focuses.

• Personal Care Product Manufacturing: This industry is driven by evolving consumer trends, innovation, and the need for efficient, scalable manufacturing solutions. Major competitors include Unilever, Beiersdorf AG, L’Oréal, Henkel AG & Co. KGaA, and S.C. Johnson & Son Inc., all with extensive product portfolios and global reach.

• Advanced LiDAR Technology: The sector is experiencing growth fueled by autonomous vehicles, drones, robotics, and smart infrastructure developments. Key competitors in this space include Baraja, Sofar Ocean, Ghost Autonomy, and Innoviz Technologies, all advancing LiDAR sensing technologies.