Photo - EkkBaz AI
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EkkBaz AI

Co-Pilot for B2B Commerce and financing SaaS Platform

USA, Delaware
Market: Insurance, Trade, Financial services, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 29.02.2024
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Idea

AI powered Co-Pilot for B2B Commerce and embedded financing SaaS Platform.

Current Status

Our embedded financing seeing significant growth with MoM Rev growth at +100%.

Below are some of the 2023 highlights:
• 128% YoY Rev growth to USD $1.28 Mln ARR
• Processed 40,000+ orders with 0% NPL till now
• Partnerships with FSIs to facilitate business lending
• Going glocal with expansion into more countries
• Significant R&D releases to support global and country level compliance

Market

Distributors in supply chain industry

Problem or Opportunity

Financing and digital operations for distributors businesses in supply chain industry.

Solution (product or service)

Co-Pilot for Distributor businesses to conduct B2B commerce and get embedded financing easily.

Competitors

In County B2B Marketplaces, Amazon Business, Thomasnet.com

Advantages or differentiators

We are building global AI powered SaaS for Distributors.

Finance

- Up to 52% APR on financing
- Up to 1% on transaction (2025)
- Subscription Fee (2025)
- Insurance Fee (2026)
- Advertising Fee (2026)

Business model

B2B financing, transaction fee and SaaS.

Money will be spent on

75% - Expansion in USA, India, Bangladesh, Vietnam
25% - RnD Development

Offer for investor

$5mill at $20 mill Cap

Team or Management

Risks

1st party financing risk in developing countries.

Incubation/Acceleration programs accomplishment

NA

Won the competition and other awards

Top 5 in Kansas City Innovation Summit in 2023
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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
Product Video
Presentation