Photo - DayApp
play_arrow
View
59451

DayApp

No more hold time on phone calls

USA, Florida
Market: Internet and IT, Telecommunications, Services, Other, Mobile applications
Stage of the project: Operating business

Date of last change: 16.02.2023
Go to the owner's profile
4
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Revolutionize customer service with our app. Connect with real people at any company without waiting on hold or navigating through phone trees.

Current Status

Our company has successfully launched and the product is now available in the Apple Store. We currently have over 250 active users who have given positive feedback on their experiences.
To further support our growth, we have formed an advisory board consisting of influencers and experts within the industry.
Additionally, the involvement of our COO in the core team has helped reduce staffing shortages.
With the successful completion of our launch, we are excited to announce that our product is now available worldwide, marking a milestone in our international expansion efforts.

Market

Our product is designed to cater to a diverse and widespread audience. It is intended for use by individuals of any age, gender, income level, education, and marital status who reside in regions where telecommunications and internet services are available.
Our goal is to provide a valuable and convenient solution to the problem of long wait times when connecting with businesses, regardless of demographic differences.

Problem or Opportunity

Americans spend an average of 25 hours per year and 43 days over the course of their lifetime waiting on hold. This amounts to a significant amount of time and frustration for individuals trying to connect with businesses.

Solution (product or service)

Our AI technology allows users to connect with human representatives without the need for a company's API.
The technology works by automatically dialing the company's number, interacting with the answering machine, and seamlessly transferring the call to a live representative.
This eliminates the frustration of long hold times and automated call systems, providing a more efficient and effective communication experience.

Competitors

Our product fills a gap in the market as there are currently no alternatives available. The previous market leader, GetHuman, closed in 2017 after achieving significant success, but relied on human intermediaries in the dialing process. On the other hand, Google Hold only automates the dialing process and leaves the user to listen to hold music without connecting them to a human representative. Our product sets itself apart by utilizing AI technology to eliminate wait times and connect users directly to a live representative

Advantages or differentiators

Our company's key advantage and differentiator is our AI-powered automatic dial-in system that connects users directly to human representatives of companies and organizations in any country. This innovative solution offers several benefits over traditional methods of connecting with businesses, including:

1) Efficiency: Our technology eliminates the need for wait times, ensuring that customers are connected to a representative as quickly as possible.
2) Convenience: Users can simply initiate a call through our platform without the need for manual dialing or navigating automated call systems.
3) Global Reach: Our solution is available worldwide, allowing users to connect with companies and organizations in any country.
4) Innovative Technology: Our use of AI technology sets us apart from competitors and offers a unique and cutting-edge solution to a common problem.

Overall, our company's AI-powered automatic dial-in system offers a faster, more convenient, and more innovative solution to connecting with businesses, making it a valuable asset for customers around the world.

Finance

no revenue so far
costs - 6900 USD per month

Business model

The business model of our startup is currently under consideration and may take the form of a subscription model, earnings from advertisements, or an alternative model.
The final decision will be based on various factors including market demand and viability. Regardless of the chosen model, our aim is to provide a valuable and effective solution to customers while ensuring the sustainability and profitability of our business.

Money will be spent on

The funds raised will used for a variety of purposes, including:

1) Marketing and Promotion: A significant portion of the funds will be used to raise awareness of the product and attract new users through targeted marketing and advertising campaigns. This may include online ads, social media promotions, and event sponsorships.
2) User Attraction and Retention: The funds will also be used to improve the user experience and retain existing customers. This includes the development of new features and functionality, as well as the implementation of customer support and engagement programs.
3) Product Development: In order to maintain a competitive edge, the startup will need to continuously develop and improve its AI-powered automatic dial-in system. The funds will be used to hire a team of engineers and developers to work on new product releases and enhancements.
4) Regulatory Compliance: Ensuring regulatory compliance is an important consideration for a company that uses AI technology. Funds can be used to hire legal and compliance experts to ensure the company is meeting all relevant laws and regulations.

Offer for investor

will discuss with investor in person

Team or Management

Risks

Like any new venture, there are inherent risks associated with a company that uses an AI-powered automatic dial-in system. Some of the main risks include:

1)Competition: As the market for AI-powered solutions continues to grow, there may be increased competition fr om established players or new entrants.
2) Data Privacy and Security: Handling sensitive user data is a major responsibility and any security breaches or data leaks could have serious implications for the company and its users.
3) Adoption and Market Acceptance: The success of the platform depends on widespread adoption and acceptance by users and the companies they want to connect with. If there is a lack of support or interest in the technology, it could impede growth and lim it the company's ability to achieve its goals.
4) Regulatory Compliance: The use of AI technology is subject to various regulations and laws, and the company must ensure compliance with all relevant laws and regulations in order to operate successfully.

While these risks exist, they can be mitigated through careful planning and execution, and by staying ahead of industry trends and changes in technology and regulations.

Incubation/Acceleration programs accomplishment

We have not been part of any incubation or acceleration programs.

Won the competition and other awards

We have not received any rewards yet.

Product Video

5,00
1
2
3
4
5
2 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility461
star1
Add to favorites
Delete from favorites
share
close
thumb_up2
Like
Unlike
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