Review and Rating
It is the AI technology company that operates in a highly competitive market. Some of its key competitors include Usergems, Zoominfo, Lavender.ai, Clearbit, and Sellscale. In order to stand out and succeed, it must not only deliver high-quality products and services but also keep a close eye on industry trends and evolving customer needs.
There is no available link to the code audit report. However, the company undergone technical audits from various venture capital funds to ensure the security of our systems and operations. The size of the developer community is not available at this time. Also, there is no link to the technical white paper. The number of independent nodes is unknown at this time. Governance model and consensus algorithm are not specified at this moment.
The Total Addressable Market (TAM) for its products and services is estimated to be $8 billion. This represents the entire market for which company could potentially provide solutions, assuming it had unlimited resources and reach. However, the Served Available Market (SAM) is estimated at $2.5 billion, which represents the portion of the TAM that company is realistically able to capture given its current resources and capabilities. The Share of Market (SOM) is estimated at $935 million, which represents the portion of the SAM that company is currently capturing. These market estimates provide valuable insights into company's position in the marketplace and the opportunities and challenges it faces as it grows and expands.
The company has minor presence on social media, with 1516 followers on Twitter and 91 followers on Telegram. While the number of followers on these platforms is not the only measure of success, it does indicate that company is engaging with its target audience and building a loyal following. However, the company has no followers on Discord, which may be an opportunity for it to reach a different audience or expand its presence on a growing platform.
The company has a scheduled MVP (Minimum Viable Product) for 2024, which represents a key milestone in its development and growth. The success of the MVP will be a critical factor in determining the future of the company, and company must ensure that it is well-positioned and fully prepared to launch and market the product effectively.
The company provides a B2B solution to 20 customers, with an average check of $1500, operating on a subscription model. The subscription model allows the company to generate recurring revenue, providing a stable source of income for the business. The customer base of the company is limited, with room for growth.
The company is incorporated in Delaware . The company's policies regarding KYC and AML are not specified, which may be a concern for some investors.
The balance sheet, which details the company's assets, liabilities, and equity, is not available at this time. This makes it difficult to assess the financial health of the company and evaluate its investment potential. The company has received investment from 2 venture capital firms, which is a positive sign of its financial stability and growth potential.
The founder of the company is an entrepreneur with experience as a tech product lead. He sold his first machine learning company at the age of 24 and later built a SaaS platform with over 2,000 customers. This experience demonstrates the founder's ability to create and grow successful businesses. A list of the company's team includes 5 or more members, indicating that the company has a experienced workforce.
Sustainability is a crucial aspect of any financial analysis. In the context of the given situation, the company has previously raised $430,000 through convertible notes. This demonstrates a certain level of financial stability and demonstrates that the company has a track record of securing funding.
With regards to the current funding round, the company is aiming to raise $1.5 million with a pre-money valuation of $10 million, with $700,000 already secured as soft commitments. This indicates that there is an investor interest in the company and that the funding round is likely to be successful.
One important factor to consider when evaluating a company is the level of engagement from its founders. In this case, the three founders of the company hold more than 90% of its equity, which shows that they are deeply committed to the success of the business. This high level of ownership can also be seen as a positive sign for potential investors, as it suggests that the founders are highly invested in the company's long-term success.
The current funding round is an equity round, which means that the company is offering ownership in the form of stocks to investors in exchange for their funding. In the future, the company plans to sell the business to a B2B automation software strategist, such as Hubspot or Salesforce, in 5-6 years. This provides an exit strategy for investors and demonstrates the company's focus on maximizing shareholder value.
In conclusion, the company offers a B2B solution to 20 customers with an average check of $1500, operating on a subscription model. The company's experienced founder, good team, and investment from venture capital firms make it one of the risky but viable investment opportunity. However, given the current market condition and high valuation this allocation is not recommended at this stage.