The Problem
Small businesses embody the lifeblood of commerce, constituting over 99% of all businesses. While industry giants have swiftly integrated AI into their operations, small and medium-sized enterprises (SMEs) have approached this technology with more reservation. Some impediments include cost constraints, an expertise gap, lack of awareness, and implementation hurdles.
Bemodo Solution
Our SaaS solution quickly generates Avatars through machine learning and sophisticated prompt engineering to produce content that engages audiences and will seamlessly integrate with various marketing platforms, optimizing their potential. Envision tailored marketing precision that molds to each customer's unique desires, creating deeply personal, impactful connections. With a Minimum Viable Product (MVP) successfully rolled out in January 2024 and a growing clientele in North and Latin America, Bemodo is propelling SMEs to new heights of market competitiveness.
The Market
AI markedly improves the process of creating content for marketing and sales campaigns, including articles, legal and data analysis, blog posts, social media updates, and product descriptions. The market for AI-driven content creation was valued at $15.84 B in 2021 and is projected to reach $107.5 billion by 2028. With over 34 million small businesses in North America and millions more in Latin America as potential clients, Bemodo stands at the forefront of a vast and burgeoning opportunity.
Bemodo Products
The Bemodo AI Content Wizard application equips SMEs with user-friendly AI-powered content creation tools. Offering a range of plans that begin at $29.95 per month and extend to comprehensive marketing campaign support, Bemodo caters to all budgetary and project needs. Our new flagship offer is the Bemodo 7-Day AI Power Launch program, which starts at $49 for initial access and then costs $299 per month. It includes the Bemodo AI Content Wizard, a robust industry-leading CRM system, and small group coaching to maximize system potential within a week.
Bemodo Executive Team
- Jeffery Boyle – As founder and CEO, Jeffery brings over twenty-five years of business experience, having served as a corporate brand manager, Regional Vice President for a Fortune 1000 Company, CEO of a multimillion-dollar startup, and President of a multinational company. His start-ups have tens of millions in sales, including his last venture, which had over $700,000 in monthly recurring revenue in its second year. Jeffery earned his Juris Doctorate from the University of Idaho.
- Rick Tigges – As CFO/COO, Rick has over 30 years of expertise. He specializes in Systems Design, Operations Management, and Management Accounting. His executive roles have spanned various industries, including Construction Materials, Consumer Goods, Commercial Printing, Management Consulting, and Mortgage Banking. He holds a Bachelor of Science in Management Accounting with a specialization in Information Systems.
Summary Financial Projections
Available upon request.
Funding Request
Bemodo is raising $3,000,000 in a Seed Round to facilitate accelerated growth and capture the current opportunity in our market. The capital would be in exchange for a SAFE.
This funding would be allocated as follows:
- 20%: To establish a base of operations in Boise, Idaho.
- 30%: Hire key personnel in marketing, systems development, and training operations.
- 50%: Expand our Marketing and Advertising Budget.
Exit Strategy
Companies in our sector, particularly those with a fully developed SaaS application and a robust customer base, often become prime candidates for mergers or acquisitions by larger enterprises. Upon achieving our growth milestones, we project the potential for a strategic buyout within three to five years, aiming for returns ranging from 10 to 20 times the initial investment for our early backers.
Summary
While AI sits at the forefront of modern business conversations, its expansive capabilities remain untapped by most companies. Bemodo acknowledges that factors such as costs, hesitancy, and the perceived intricacies of AI often impede widespread adoption. We are steadfast in our mission to abolish these barriers, pledging to render advanced AI content creation both attainable and economical for businesses regardless of scale.
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