Photo - Automated platform that makes unique models within minutes
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Automated platform that makes unique models within minutes

Ukraine, Kyiv city
Market: Internet and IT, Consulting, Education, training, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 28.01.2019
Min investment
$  500.000
Total required
$ 500.000
Rating
equalizer 136 из 1000
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Idea

The idea of creating an intelligent system came to light during scoring models development for a variety of customers. In either business field, modeling process itself is overly laborintensive and expensive. This inspired us to bring out a solution that would automate all the routine and bring a vast efficiency improvement.

Current Status

Market fit, have clients

Market

Didn't conduct research regarding market value

Problem or Opportunity

Businesses pay for maintaining highly-skilled expensive professionals that use advanced and costly tools to go through a number of routine stages with many iterations until they finally come up with a model to, for example, assess credit risks.

As the model won’t be valid for a long time, they start from scratch each time a new effort to maintain the current efficiency is required. Thus, this does look like a rocket science and takes up to months.

Solution (product or service)

Using AI methods and advanced algorithms written from scratch, vast amounts of data can be crunched to allow for much faster decision making with higher precision compared to current products on the market.

Competitors

SAS, FICO, Scorto

Advantages or differentiators

Complete automation vs. manual or semi-automated model building

Money will be spent on

Scaling to EU

Team or Management

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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