Channels / CY Venture, Startup, M&A, etc.
CY Venture, Startup, M&A, etc.
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CY Venture, Startup, M&A, etc.
CY Venture, Startup, M&A, etc.
2023-12-27 12:24 UTC
164 #marktech #ai #p2p #rounda
The world’s first fully AI driven consumers’ online market!
It is an AI-driven P2P marketplace that gathers offers from an unlimited number of external open sources, processes them, and places them on a single convenient platform.
The platform is live and now growing in traction!
Used Goods' Total Addressable Market (TAM):
$400 billion (excluding real estate)
Problems:
1. Buyers side: users do not have a single platform where all used goods that can be purchased, are collected, spending a huge amount of time searching and registering on other platforms.
2. Sellers side: Sellers are forced to pay commissions for listing or selling product, and also spend a lot of time registering and filling out the product card that needs to be posted.
3. Business side: Business is forced to allocate many financial resources to moderation and sales support.
Solutions:
1. The platform, using its own AI-based engine, collects thousands of offers from different channels per day, categorizes them, provides product descriptions, and presents them in a convenient product card format.
2. For a seller to post an ad on the platform, it takes less than 60 seconds: only a photo and a brief description with a price (for example, ""selling iPhone 12 for $600""). Plus the platform has no commissions. And there won't be.
3. The AI performs 90% of moderation and sales support work, and 85% of all internal and external technical processes.
Key Features:
– The ability to parse ads in unlimited volumes per minute.
– AI Personal Assistant as a personal communicator to minimize the time spent by the seller and buyer in the early stages of communication with each other.
– Translation of ads from and to any language.
– AI Image Recognition functionality for posting products ONLY by photo without any description.
– A multifunctional CRM system for managing and configuring operational processes and working with content.
Business Models:
Affiliate Program (for each and every item on the platform).
Subscription Model (for premium features).
Delivery Model.
Up to date:
1. The product was launched on November 12, 2023 (Web platform, CRM, AI engine).
2. Proven Traction: over 3000 unique users in less than a month with minimal acquisition costs.
3. The platform has more than 40,000 ads per month in Cyprus alone.
4. Experienced founders and a strong team.
Plans for 2024:
1. Expansion to 10 countries (including the USA, Canada, the UK).
2. Development of a mobile application.
3. Development of the second product Service Platform.
4. Implementation and launch of all business models.
Type of round: Round A
Total Investment: 7 million euros
Minimum Investment: 300k euros
Запрос питчдека и/или интро через @olegcyprus
The world’s first fully AI driven consumers’ online market!
It is an AI-driven P2P marketplace that gathers offers from an unlimited number of external open sources, processes them, and places them on a single convenient platform.
The platform is live and now growing in traction!
Used Goods' Total Addressable Market (TAM):
$400 billion (excluding real estate)
Problems:
1. Buyers side: users do not have a single platform where all used goods that can be purchased, are collected, spending a huge amount of time searching and registering on other platforms.
2. Sellers side: Sellers are forced to pay commissions for listing or selling product, and also spend a lot of time registering and filling out the product card that needs to be posted.
3. Business side: Business is forced to allocate many financial resources to moderation and sales support.
Solutions:
1. The platform, using its own AI-based engine, collects thousands of offers from different channels per day, categorizes them, provides product descriptions, and presents them in a convenient product card format.
2. For a seller to post an ad on the platform, it takes less than 60 seconds: only a photo and a brief description with a price (for example, ""selling iPhone 12 for $600""). Plus the platform has no commissions. And there won't be.
3. The AI performs 90% of moderation and sales support work, and 85% of all internal and external technical processes.
Key Features:
– The ability to parse ads in unlimited volumes per minute.
– AI Personal Assistant as a personal communicator to minimize the time spent by the seller and buyer in the early stages of communication with each other.
– Translation of ads from and to any language.
– AI Image Recognition functionality for posting products ONLY by photo without any description.
– A multifunctional CRM system for managing and configuring operational processes and working with content.
Business Models:
Affiliate Program (for each and every item on the platform).
Subscription Model (for premium features).
Delivery Model.
Up to date:
1. The product was launched on November 12, 2023 (Web platform, CRM, AI engine).
2. Proven Traction: over 3000 unique users in less than a month with minimal acquisition costs.
3. The platform has more than 40,000 ads per month in Cyprus alone.
4. Experienced founders and a strong team.
Plans for 2024:
1. Expansion to 10 countries (including the USA, Canada, the UK).
2. Development of a mobile application.
3. Development of the second product Service Platform.
4. Implementation and launch of all business models.
Type of round: Round A
Total Investment: 7 million euros
Minimum Investment: 300k euros
Запрос питчдека и/или интро через @olegcyprus
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