With big new product announcements ranging from Apple Music to Apple News, Apple’s annual WWDC event had quite a few implications for a host of venture-backed startups. This is not a new occurrence — in fact, there’s even a word for Apple going after existing products in a systems update: sherlocking. These startups, in aggregate, have raised $1.8B and so have a lot riding on the success or failure of Apple’s new announcements.
Here’s a quick cheat sheet on the startups “wounded” by WWDC announcements.
|Company||Total Disclosed Funding ($M)||Select Investors||Reason|
||1070||Horizons Ventures, Northzone Ventures, Wellington Partners, Founders Fund, Kleiner Perkins, Accel Partners||Apple’s biggest announcement came in the form of its new music-streaming feature, which directly competes with Spotify and offers a $10 per month / $15 family plan per month pricing model.|
||161||Kleiner Perkins, Index Ventures, SV Angel, Insight Venture Partners||Apple removed its Newsstand feature and instead introduced Apple News, providing a similar interface and publisher partnerships|
||140||Troika Ventures, Morgenthaler Ventures, NTT DoCoMo, Sequoia Capital||Apple’s feature upgrades to Notes, allowing sketches, checklists, photos and links, will put it more in Evernote’s wheelhouse|
||123||Doughty Hanson Technology Ventures, Union Square Ventures, Index Ventures, Kleiner Perkins, GGV Capital||Apple Music’s ‘Connect’ feature will allow artists to share content and post updates – which will compete with Soundcloud’s artists profiles|
||109||Atomico, Mangrove Capital Partners, Skype, Cumulus Media Partners||Apple Music will also compete directly with Rdio’s streaming service|
||81.5||Gemini Israel Ventures, BRM Group, Sequoia Capital Israel||The new Apple Maps Transit feature will support real-time transit info and regional transit maps, putting it in the wheelhouse of well-funded Israeli startup Moovit.|
||80||Kleiner Perkins, Sequoia Capital, Atomico, Open Ocean Capital||Apple announced a new caller ID feature, which lets you know who is calling you by parsing data from your email contacts — which is central to Truecaller’s existing app.|
||23||Founders Fund, Andreessen Horowitz, Formation 8, Slow Ventures||Somewhat offhand, Apple announced that iOS 9 Health would introduce reproductive health tracking, which would compete with the menstrual-cycle tracking startup founded by Max Levchin.|
||15||CRV||Apple announced a host of new Apple Watch features including new watch faces, voice memos, sketch colors, custom mail replies and a combined developer program. All of these make it difficult for competing smart watch provider Pebble.|
||5.8||Lightbank, Lionbird, LaunchCapital, BlueCross BlueShield Ventures, Martin Ventures||Apple’s iOS 9 female-health tracking would also compete with fertility and pregnancy app Ovuline.|
||4.5||SV Angel, Universal Music Group, CrunchFund||Apple’s iOS 9 female-health tracking would also compete with wearable women’s reproductive-cycle tracker Bellabeat.|
||2.6||Intel Capital, Motorola Solutions Venture Capital, Alpine Technology Fund, Plug and Play Ventures||Apple’s new ‘Proactive’ feature infers what users may want to do at a given time by gathering data such as calendar events or boarding passes, competing with Google Now but also personal-assistant app, Speaktoit.|
||3.3||Hoxton Ventures, Joanne Wilson, DR, KADE Groupe Arnault, Brigitte Mohn||Apple’s iOS 9 reproductive health tracking would also compete with menstrual cycle-tracking app Clue.|
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