Photo - Neural Wave
play_arrow
View
59950

Neural Wave

USA, Georgia
Market: Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 05.04.2023
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

First and Last Mile automation powered AI for SMBs at less than $10

Current Status

1. Product Readiness
a. Enterprise grade RPA
b. Procurement AI
c. Utility AI
d. Forms Processing
e. KYC Data Extraction for USA
2. 30 Successful POCs
3. Revenue $12K ARR
4. Pipeline of $50K ARR.
5. Successful Channel Partnership

b. e-Zest
c. R-Systems
d. Niche Integrated

We are yet to launch

Problem or Opportunity

SMBs struggle to scale operations due to a lack of affordable automation solutions for data extraction and capturing

Solution (product or service)

. Neural Wave's SaS platform for First and Last Mile automation powered AI and Enterprise-Grade RPA - solves this problem with a budget of less than $10 per month.

Business model

1. Our revenue model is monthly recurring subscription, with an average price of $50 per month, starting at as low as $10 per month. Continuous upselling and account expansion by offering additional features and upgrades up to $100+ per month. The average LTV per customer is estimated at $6000.
a. Our goal is to reach 20,000 subscriptions within next 18 months and $6MN ARR.
b. Key Customer acquisition strategy – Influencer & Referral marketing & cloud marketplaces
c. Our Target - best-case of $1BN, realistically $500MN & worst-case $100MN ARR within 5 years
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility238
star0
Add to favorites
Delete from favorites
share
close
thumb_up1
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
Product Video
Presentation