The Problem
Sales leaders face limited visibility into their team's pipeline, with sales reps providing incomplete and imprecise data.
This hinders accurate pipeline measurement and strategic planning, leaving potential revenue unexploited. Additionally,
the vast conversational content generated during sales prospecting and customer management remains underutilized or
disorganized, despite containing valuable insights and intelligence that could bolster sales performance and strengthen
lucrative relationships.
The Solution
Traq.ai is an innovative sales intelligence company that is gaining market traction. Our proprietary AI, combined with
ChatGPT, translates sales conversations into actionable data. Traq.ai boosts sales team effectiveness and efficiency by
analyzing each call and providing Call Coaching, Call Summaries, Risk Analysis, Thank You emails, Follow-up lists, and
more. By delivering data-driven insights, Traq.ai improves win-rates and accelerates revenue growth.
The Market
TAM is $10B; SOM is $78M over the next 5 years. Targets include Insurance brokers, wealth managers, digital agencies,
and consulting firms.
The Competition & Our Competitive Advantage
Our competitors include Gong, Chorus, Fireflies, Wingman and Otter. Our competitive advantage is going beyond mere
conversation recording and transcription. We are one of the few platforms utilizing AI to thoroughly analyze calls,
extracting valuable insights and coaching possibilities that can powerfully enhance sales performance.
Business Model
B2B SaaS solution with 3 variations: Individual plan at $30/month, Professional for Teams at $60 per user per month, and
Enterprise at $120 per user per month.
The Team
Adam Rubenstein, a seasoned entrepreneur with three successful exits, leads Traq.ai as his 4th venture. He formerly held
the position of Co-Founder & COO at MotionPoint Corporation. Founding developers Pete Rice and Chris Rice bring
extensive experience from their co-founding of Webtego, where they developed high-impact, multi-user, multi-tenant SaaS
products aimed at enhancing sales team value and efficiency.
Product Status
The commercially available product with revenue growing at double digits month over month – launched in late 2022 – offers
an array of features to boost sales performance:
- A user-friendly application facilitating clear and consistent capture of conversation information.
- AI-driven insights and actionable intelligence to propel sales progress.
- Automated generation of call summaries, risk analysis, meeting minutes, task lists, thank-you emails and coaching recommendations.
Funding
Seeking $1.5M to focus on core development, artificial intelligence, sales, marketing, and customer support.
ContactAdam Rubenstein, CEO
(561) 809-6929
[email protected]
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