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