Photo - Typewise
50856

Typewise

Decoding human thoughts

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

Date of last change: 04.02.2022
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Idea

Decoding human thoughts through AI text prediction technology, which outperforms Google & Microsoft and boosts enterprise productivity by 2-3X. We already work with Fortune 500 enterprise clients.

Current Status

-AI tech proven on marked through B2C keyboard app with >1.7 million downloads
-Multiple B2B enterprise pilots signed and in production
-Raised USD 3 million equity + USD 1 million grant
-Multiple technology patents
-2x CES Innovation Award

Problem or Opportunity

We spend more than 6.5 hours on our digital devices every day, with over 1.5 hours daily spent on inputting information. This information entry happens at only 10% of our speed of thought, resulting in an immense loss of productivity, especially as our workplaces and daily lives in general become increasingly digitized.

Solution (product or service)

We develop an AI-powered text prediction engine that boosts enterprise productivity by 2-3X both efficiency and quality. It outperforms state-of-the-art technology from Google and Microsoft.

Competitors

(1) Text predictions, which support and partially automate information entry, e.g. Google (Google Keyboard, GSuite Smart Compose), Microsoft (SwiftKey and OpenAI Partnership), Apple.
(2) Alternative interfaces such as voice, eye tracking, and potentially brain-computer interfaces, that provide a higher bandwidth, but are still limited to certain use cases.

Advantages or differentiators

(1) Fast & accurate: our keyboard results in 5X fewer typos than current keyboards, largely driven through our text prediction AI, which handles multiple languages simultaneously as well as slang/dialects.
(2) Secure: we make the use of text prediction technology secure through privacy-by-design. We crafted our AI in a way that it can learn from the user entirely on the device without the need for text data (which can be very sensitive/confidential) to be transmitted to the cloud for analysis. On-device technology opens up completely new possibilities in secure enterprise environments.
(3) Well-designed: we’ve created a user interface that is levels above current keyboards for two-thumb typing on touchscreens, based on an analysis of the typing behavior of over 40,000 people.

Business model

-SaaS subscription (per seat, additional charge for AI technology)

Money will be spent on

Product development: release advanced AI technology
Marketing: grow to 5-10 million users
International expansion

Team or Management

Incubation/Acceleration programs accomplishment

Selected into MTS AI Accelerator (since Jan 2022)
Selected into EU's InvestHorizon (since Mar 2021)
Selected into Microsoft for Startups (since Oct 2020)

Won the competition and other awards

CES 2021 Innovation Award Honoree
Best of Swiss Apps Gold
Swiss AI Award (2nd Place)
Stevie Award 2021 Gold

Invention/Patent

Design patent granted (USPTO and WIPO)
AI technology patent pending (USPTO)

Photos

Photo 1 - Decoding human thoughts

Product Video

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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
Presentation