4.6 • 4.1K Ratings
🗓️ 1 June 2025
⏱️ 52 minutes
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0:00.0 | Support for this episode comes exclusively from Mercury, the fintech used by over 200,000 companies to simplify their finances. |
0:08.1 | Later in the show, we'll hear from a startup founder and Mercury customer, Miles Cole, who is reimagining how mass-taught lawsuits are financed. |
0:15.3 | In fact, he says the entire litigation finance industry is ripe for innovation. |
0:19.9 | No wonder he was drawn to Mercury's promise to simplify business finances. |
0:23.5 | Learn more at Mercury.com. |
0:25.5 | Mercury, banking that does more. |
0:27.4 | Mercury is a financial technology company, not a bank. |
0:29.9 | Banking services provided by Choice Financial Group, Column NAA, |
0:32.8 | and Evolve Bank and Trust, members FDIC. |
0:44.1 | Thank you. Evolve Bank and Trust, members FDIC. Welcome to first-time founders. |
0:46.4 | I'm Ed Elson. |
0:48.0 | In the U.S., about 240 million 911 calls are made each year, |
0:53.3 | and 85% of them come from mobile phones. |
0:56.6 | However, the underlying technology is still designed for a world of landlines. |
1:01.7 | My next guest is working to modernize that outdated system. |
1:05.7 | His company created a platform that uses AI-powered tools to help 911 responders improve |
1:10.7 | outcomes in emergencies, |
1:12.8 | with features like real-time translation for non-English calls and two-way audio and text |
1:17.4 | communication between callers and dispatchers. Since launching in 2019, the company has raised |
1:22.8 | $145 million, including a recent Series C round led by General Catalyst. |
1:28.9 | With partnerships spanning nearly 1,000 public safety agencies in 49 states, |
1:33.3 | this company is quickly transforming how 911 responders manage emergencies in America. |
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