AI458904

AI-powered platform that enables teams to process complex information and collaborate faster for better outcomes. Focused on vertical-specific AI agents, it initially targets the investment and due diligence sectors but is poised to expand into aerospace, defense, and other industries.

With early revenue, unique IP, and a growing client base, they seek $2M to scale their SaaS solution. Positioned in a $15.49 billion market by 2030, this is an exciting opportunity for investors looking at AI-driven decision management.

Overview

  • Industry: AI-Accelerated Collaborative Decision Management
  • ‍Founding Year: 2018 (R&D until 2021, business unit launched in 2021)
  • Mission: To apply state-of-the-art AI to improve the efficiency and outcomes of complex decision-making processes.‍
  • ‍Vision: To become the leading platform for domain-specific Language Model (DSLM) based AI agents for business-critical decisions.
  • ‍Value Proposition: Teams of people can process complex information, collaborate effectively and get to better decisions faster with better optimal results. This brings repeatability, measurability and predictability to business decision making, with optimal transparent results.

Problem & Solution

  • Problem: Inefficiencies in data gathering and expert collaboration lead to suboptimal decision-making, increased risks, and missed opportunities.
  • Solution: A B2B SaaS platform that enables faster, more accurate, and transparent collaborative decision-making by leveraging multiple AI techniques, including expert AI agents and reusable decision-making templates.

Market Potential

  • Target Market: Initial focus on investment and due diligence, expanding to recruitment, supply chain, risk management, real estate, government, and defense sectors.
  • Market Size: The global Decision Management Market is expected to grow from USD 4.66 billion in 2022 to USD 15.49 billion by 2030, at a CAGR of 16.7%.
  • Trends: Growing adoption of AI and generative AI in businesses, with AI expected to reach $1.85 trillion by 2030. Domain-specific AI is becoming critical due to the limitations of general LLMs.

Product / Service

  • Description: The platform facilitates the organization and processing of complex information, streamlining team decision-making processes up to 1,000 times faster.
  • Technology Stack: Built on Vue.JS, AWS Lambda, PostgreSQL, Python, Celery, and GraphQL.
  • Current Development: MVP with initial sales and a growing sales pipeline. The IP strategy includes 10+ areas with pending patents.
  • Core Features:

    - Capturing and processing large amounts of complex information.
    - Organizes the data to be understandable and actionable.
    - Streamlines team decision processes.
    - Templates for reuse and refinement.
    - Continual learning.
    - Helps optimize decisions over time.

Business Model

  • Revenue Model: B2B and B2B2C SaaS with tiered pricing, ranging from free to premium tiers. Plans include usage-based pricing and a marketplace for AI agents.
  • Sales Channels: Direct sales, channel partnerships, and OEM strategies, with established relationships in strategic industries.
  • Customer Acquisition: Focus on horizontal collaboration applications with initial penetration in investment and due diligence markets, expanding to aerospace and defense.

Financials

  • Revenue: Early stage with $30K ARR from three customers.
  • Burn Rate: $25K per month, expected to increase to $50K.
  • Runway: 3 months, with plans to extend through angel investments.
  • Funding to Date: $1.5M raised, including $500K in grants.
  • Use of Funds: Primarily for developer salaries, with future allocation towards sales and marketing.

Team

  • Expertise: Over 100 years of combined experience in AI, software development, and industry-specific decision management.
  • Key Roles: CTO with extensive experience in AI tools, CEO focused on team building, CPO specializing in partnerships and product delivery, and a Chief Data Scientist with deep analytical and AI expertise.

Competitive Analysis

  • Direct Competitors: IBM, 1000Minds, and Decisions.com focus on workflow automation with AI as a secondary feature.
  • Indirect Competitors: Business Intelligence and Management Information Systems, and platforms like Slack.
  • Competitive Advantage: First-mover in domain-specific AI, unique IP, and a collaborative AI training approach that enhances decision-making models over time.

Traction

  • Key Metrics: 30+ users, $30K in revenue, and a strong sales pipeline in investment and aerospace sectors.
  • Milestones: Developed key sales partnerships and started building a patent portfolio.

Risks & Mitigation

  • Market Risks: Potential misunderstandings of the product’s value, AI market saturation.
  • Operational Risks: Talent acquisition challenges, maintaining market leadership.
  • Mitigation: Speed to market, IP protection, and leveraging industry connections.

Funding Requirements

  • Amount: $2M for an 18-month runway, with a subsequent $10M Series A planned.
  • Use of Funds: Product development, marketing, sales team expansion, IP protection, and legal/admin expenses.

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