Photo - Docsie.io
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Docsie.io

We simplify the way businesses create product documentation.

Canada, Toronto
Market: Internet and IT, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 22.04.2020
Min investment
$  500.000
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Total required
$ 2.500.000
Rating
equalizer из 1000
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Idea

We are an all-in-one web-based documentation platform that enables businesses to build, maintain and publish excellent product documentation in multiple languages. Our platform also helps you analyze how your customers interact with your documentation and provides you with insights on how to improve your docs.

Current Status

https://thecompanybrief.com/briefs/8edfr

We are a team of engineers from Toronto that built a SaaS platform called Docsie.io. Docsie helps businesses create better docs. We have traction, users, and customers.

We are seeing a lot of interest from mid-market companies who are happy to pay us $3k to $30k per year for product docs. We are currently doing 2 - 10 demos per week, all from the outbound marketing funnel that we set up in February of this year.

Market

There are over 2 million software products/apps in the market that needs a documentation solution.


Per Year cost of a Technical Writer
$25,000

Total Annual Spent on Technical Content
$50 Billion ($25k*2M)


The average business we talk to uses at least four documentation tools to create Docs.

Also, Businesses spend a lot of money paying technical writers. Updating and translating docs is a problem that consumes a lot of time and money.

Docsie can reduce the time and cost of creating docs by up to 60%, by simplifying creation of product docs.

Problem or Opportunity

Product documentation sucks. It is never clear enough, no one ever wants to write it, users never understand it. There are over a million of technology products in the world in dire need of better product documentation. Great products suffer due to lack of it, but who has the time to write it and who can afford the expensive tools to create it and maintain it.

Solution (product or service)

Docsie.io is changing the way technology companies write and maintain their product documentation and user guides. We are creating amazing tools that help companies create easily maintainable product guides and docs. Version them, translate them and then embed them into their own products with 1 line of code.

Then we plan to empower businesses with advanced tools to help them understand how their users interact with their documentation and guides and where their users fail and leave.

We are essentially creating a smart product documentation and product guides platform and marketplace that makes it easy to businesses to create product docs and guides that customers love.

Competitors

HTML - Many business maintain their own product doc templates in html
CMS - Businesses using own heavily customized CMS solutions to host own docs
Confluence - Business Deploy or get confluence on the cloud for internal knowledge bases some of which end up on the internet as their 'product docs"
Readme.io - Good modern competitor, they are focuses on developers and API documentation now
Gitbook - Another newer competitor, they provide a simple solution with per seat recurring pricing.
Readthedocs- Open Source Documentation tool, used by open source libraries to host docs.

Advantages or differentiators

We are a smart documentation that writes docs for you. They are not.

Finance

Talk to us

Business model

We have two products.

Self-Service Documentation
$999+ per year - Starter
$3,000+ per year - Business
$9,000+ per year - Business-Plus
$30,000+ per year - Enterprise



Self-Writing Documentation
$3,500 per year - Start-up
$12,500 per year - Business
$50,000+ per year - Enterprise


Target Audience
Product managers

It costs us around 2000$ to acquire a customer.


Money will be spent on

25% - Marketing
30 % - Building a sales team
45% - Engineering/Operations expenses

Offer for investor

Raising 2.5M - 10% seed, SAFE, at 25M$ PMV

Team or Management

5,00
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video