Photo - Business process automation with AI-powered chat platform
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Business process automation with AI-powered chat platform

Ukraine, Dnipropetrovsk region
Market: Internet and IT, Production, Services, Artificial Intelligence, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 26.03.2019
Min investment
$  50.000
Total required
$ 100.000
Rating
equalizer 295 из 1000
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Idea

Om.chat is a business chat platform, which structures and simplifies team messaging based on organization business processes and knowledge base. Om.chat automates these processes, extracting and storing the key information from messages using AI and machine learning.

Current Status

Prototype development

Market

* B2B
* SMB
* Enterprise departments
* Enterprises
* Niches:
* Digital/creative service providers
* Digital product companies/startups
* Other types of service providers (legal, accounting, any project-based service company)

Total addressable market size apx 100M users

Problem or Opportunity

Too many tools
Too many distractions
Too much time lost in routines
Data is spread between tools and gets lost. The key data too

Solution (product or service)

business chat platform, which structures and simplifies team messaging based on organization business processes and knowledge base. Om.chat automates these processes, extracting and storing the key information from messages using AI and machine learning.

Competitors

Slack
Slite
Atlassian

Advantages or differentiators

Om.chat reflects business processes and has specific business data baked into chat room (e.g. if you chat about project, the chatroom will know terms like "deadline", "scope", "milestone", "tasks" etc; when you chat about finances, the chatroom will know about "cashflow", "invoice", "debt", etc)

Finance

Packages:
* Trial: 3 months free (common cloud)
* Starter: $5/user, 500MB database/attachments, hosted in common cloud, pay-as-you-go for users/storage; chat/email support
* Standard: $10/user, 2GB database/attachments, private cloud; priority support
* Enterprise: $10/user + customization costs, private cloud, or enterprise storage, white labeling, customizations, custom integrations; dedicated support

500000 DAU, 1MRR in 1 year after launch

Business model

Freemium +subscription

Money will be spent on

60% - development
10% - infrastructure (tools, hosting)
30% - marketing

Offer for investor

$100000/10%

Team or Management

Risks

Competition
Slow implementation (lack of funding)

Incubation/Acceleration programs accomplishment

Space Dnipro Акселератор 2019 vol. 1
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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