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MRGN

USA, New York
Market: Financial services, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 16.01.2024
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Idea

Business Decision Making; Automated for You

Current Status

User acquisition has been one of our easier efforts; we 15x’d our beta expectations and tripled our user base within the first three weeks of public launch. We’re in talks with two very large national franchises to bring all of their franchisees on to the platform, have a prestigious Board and just won ITExpo ‘23.

Problem or Opportunity

MRGN sparks a strategic transformation for small business owners, managers, and entrepreneurs. Our platform serves as the brain behind your business, offering a solution to understand, manage, and navigate the complexities of strategic planning, while accounting for market and economic anomalies using AI. MRGN empowers you to make strategic decisions with confidence for long-term success.

Solution (product or service)

True business intelligence; not just visualization. MRGN provides predictive insights around your KPIs, hiring plans, financing strategies and more, all premised on your operating plan (which MRGN builds for you as well).

Business model

We have three revenue streams planned; the first is a traditional freemium SaaS model. The second channel is through a channel partner program that is intended to stimulate a network effect. The third is an IP play, by which our Contextual Intelligence Engine will be able to score any type of SMB for the purposes of replacing the SIC/NAICS coding systems. We intend on breaking even by Q1 '25 and achieving $121M in revenue by the close of 2027.

Team or Management

Incubation/Acceleration programs accomplishment

AWS Global Fintech Accelerator
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Idea
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