Photo - VYO
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VYO

Silver Bullets

Ukraine, Kyiv city
Market: Internet and IT, Consulting, Artificial Intelligence, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 06.09.2020
Rating
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Idea

VYO Silver Bullets fit 'new normal' demand for way of people work and hire.
We delete any facilitators between IT specialists and those companies who need digital solution

Current Status

Idea, market investigation, agreements, design/code samples for MVP

Market

Developers who prefer new way of work - new normal - project based working life style, which gives human being more freedom and flexibility, but fr om the other hands it's not total freelance wh ere usually too much chaos and unpredictability.When pandemic ends, most of them won't go back to offices.

Companies which are too solid to hire freelancers, they need real dev team, but because of Covid/crisis they reduce budget and looking for a new way to establish IT team for their needs, which will be the same reliable but not need go to Ukraine for example to establish dev center

Problem or Opportunity

Companies want to optimize costs even more in times crisis. No need for expensive facilitators and mediators. Developers never go back to previous office life. Usual office corporate culture doesn't work. Hard to establish offshore/nearshore IT companies while borders are not fully open for everybody

Solution (product or service)

VYO Platform will kill outsourcing/outstaffing business model in usual meaning. Teams will be arranged by psychological tests and metrics the same as deep technical measurements. Requirements to team and technologies will be formed by AI base on initial company input.

Competitors

1) Freelancer.com, Toptal.com, Upwork.com, ect
2) all classic IT outsourcing business

Advantages or differentiators

1) Comparing to competitors, we making connection between TEAM (not individual freelancer) and COMPANY
2) Covid shows that most of them selling empty rented rooms to their customers.

Finance

+
1) Seed Investments
2) Child company, outstaffing , but with new business model

-
1) MVP development (1 year, 9 dev team)
2) co-working private office

Business model

Freemium for developers (Premium allowes takes part in few projects at the same time, to fit the team first in queue)
Companies pays one time when hire team + commission for each payment

Money will be spent on

1) Development of MVP (9-10 dev team)
2) Co-working rent

Offer for investor

5% for 380 000

Team or Management

Risks

If this platform (first version) will be developed more then 1 year, it can be too late as changes are too fast and probably somebody already will have made it till the end of 2021

Incubation/Acceleration programs accomplishment

No

Won the competition and other awards

No
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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