USA, California
Market: Artificial Intelligence
Project stage: Operating business
Also this project:
- Participate in the Unicorn Battle
Idea or High Level Concept
Self-driving BI for Growth and FP&A teams that allow non-technical operators to work with business data and analytics without hiring an army of analysts or a data team.
Traction and Current Status
102K ARR on yearly contracts over the last 3 weeks, entire Series A teams like Corgi run on Lopus.
Problem or Opportunity
Series A/B startups today hire multiple engineers and sink hundreds of engineering hours per week on analytics, while end operators depend on these engineers for simple answers that cost them precious decisions.
Solution
The Lopus BI platform backed by zero-setup data infra allows teams to run analytics without data teams or analysts. Engineers then focus on product and operators can talk to their data directly.
Business Model, Chanells, Metrics
Standard 24K annual price for Series A to Series B startups, standard usage and seats included, bespoke contracts for overage. Land-and-expand growth strategy: cross-functional expansions are extremely lucrative in the BI space and also reinforce internal network effects. Product is, by the nature of its space, a sticky proposition.