If you're looking to invest in a group of extremely hard-working, high integrity and absolutely nothing is impossible with a never-say-never attitude, look no further.
I used to be a VP of Operations at a multinational BPO for 5 years, until I suffered a stroke (I'm fine now). I was responsible for approximately 3000 revenue generating heads in 3 geos. Just in one of the geos, we had 400 employees generating revenue. Five years later, after ensuring of 150 sites worldwide, we came #1 in performance and multiple sales visits from potential clients, we had 1200 revenue generating heads and more than tripled our annual revenue to over 30M USD. Prior to that I spent 8 years at Samsung Electronics Canada and responsible for their BPO strategy among other things.
Myself and a few of my former employees, consisting of developers and computer scientists, decided to resolve a major industry-wide problem; high employee turnover. After spending years manually addressing employee turnover, I thought of using AI technology to predict turnover and that's how Stentor AI was born.
Our business plan summary, a detailed financial forecast and cash flows for three years and a presentation that gives you an overview of our company are all available.. We're asking for a 10-minute meeting with you and your team where we will show our software and its functions.
Traction:
About 3 weeks ago, I met with the COO of Teletech (TTEC) that does 2.2BN annually in revenue. Chuck (their COO) is currently trying to see how we fit into their 2023 roadmap with their CIO (who I also met with). I have a meeting with Chuck early January.
Ask: $350K for 15% equity
Summary:
This document details information on the company Stentor: Artificial Intelligence “Stentor AI” business activities.
Who:
The company Stentor: Artificial Intelligence “Stentor AI”, as of 24/11/2012, has a flagship software that uses AI technology, specifically machine learning, to predict 90% of employee turnover.
Stentor AI also offers several services aimed at significantly increasing efficiency that ultimately reduces business operating costs by reducing the need for headcount. We are Microsoft Power Platforms certified (Power BI, Power Apps, Power Automate and Power Virtual Agents development) and proficiency in NodeJS, Python and Angular.
We have met with and are in discussions with Teletech (a multinational BPO) to see how we fit in their 2023 strategy. Stentor AI CEO has met with and is in contact with TTEC COO.
What:
The prediction of employee turnover allows leadership to proactively take corrective actions (i.e. improving transportation, changing employee schedules etc.). This ultimately reduces employee turnover, reduces operating costs, reduces training costs and, last but not least, improves performance.
We are able to develop desktop and mobile applications as well as websites. We offer services that significantly increase efficiency such as database development, virtual agents/chatbots, process automation and real-time reporting.
Where:
We split employees between Canada, the U.S. and the Dominican Republic.
Why:
Labor in the Dominican Republic is cost effective and highly skilled. Hiring in the DR increases our margins. We hire specific roles in North America. From a software perspective, our goal was to help resolve the number one impact to a BPO P&L.
We chose this specific software and services because:
- BPO margins are thin and employee turnover control is a priority
- Efficiency is key to operating a profitable BPO operation
- Scalability is very large; top 5 BPO’s alone have a headcount of +1M
Thank you
Sahil Mistry
Co-founder / CEO
Stentor Artificial Intelligence
2967 Dundas St. W. #544D
Toronto, ON M6P 1Z2
+1(647) 861-3064
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