YaYpply
AI-powered headcount overspending identification
Model
Saas / AI
Industry
Finance
Stage
MVP
Location
Nepal
VentureGrade
53
out of 100
AI-approach to identifying headcount costs burden and extend runway for growth companies via scattered data enriching.
Elevator Pitch
We help companies extend their runway by identifying overspending in headcount costs using AI. Most
companies are heavily bloated(even obese) due to overhiring, loss of revenue streams and change in
market conditions. Companies die prematurely due to overspending on headcount because the clues to
identifying such obesity are scattered and not obvious. Scenario planning with multiple dimensions isn’t
easy either when data isn’t together or enriched. We offer our B2B SaaS to counter this urgent need for an
AI-product to solve this problem. The total addressable market is upwards of 54 billion USD.
Founder (s)
Revenue Model
We are a B2B SaaS product. We charge for tiered subscription of our product with up-selling on integrations, advanced AI analytics, etc. Annual Customer Value range from 10K-200K USD. This is based on company size by employee count.
Startup Journey
I have been in technical and people roles throughout my career of around 10 years leading tech teams. My Co-Founder is technical too and has worked in providing document-AI solutions to leading logistics companies like American Shipping, Maersk,etc.
I have been hired as an independent contractor for a technical layoff for a company struggling with revenue streams and market dynamic shifts. With companies raising a lot in VC funding with no clear direction on growth, companies tend to spend a large fraction into headcounts shrinking their runway. This opens up need for a product like ours.
We are currently at MVP stage with minimal but important features. Interactive demo can be found on ourhomepage. We are completely bootstrapped till date. I and my Co-Founder both write code for the product. Currently, we are looking for early adopters that can shape our product offerings while maintaining our operational costs.
Go-To-Market Plan
Founder-led sales
We have finalized a list of companies to be high potential for being a customer.We intend to do Founder- led sales reaching out for these set of leads. 3000+ highly probable outreach(email,call,LinkedIn) within 3 months of MVP.
Content marketing via Founder-blogs
Referral programs rewarding upto 30% of ACV
Potential Exit
Potential exists through leading HR solution providers like Workday, ADP, SAP. Such companies have huge working capital but lack innovative leaderships that can move fast and that deeply understands the AI technologies. This product acquisition could be their way into another area of HR.
VentureGrade℠
