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11695

Service for converting audio format to text format

USA
Market: Internet and IT
Stage of the project: Prototype or product is ready

Date of last change: 05/30/2017
Min investment
$ 300.000
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$ 300.000
Rating
equalizer 304 из 1000
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Idea
Transcribe your speech into complete proof read text file
Transcribe multiple voices from any meeting, interview, conference or other voice negotiations. Ability to complete a text search from transcribed files.
Current Status
We are on MVP stage and have 1500 beta users
Market
Business and productivity app market doubled since 2013. Now it is $85 bln
Problem or Opportunity
You need a lot of time to transcribe audio, it is also expensive
Solution (product or service)
Our service captures all voices from any meeting and transcribe it into the proof read text form
Competitors
otranscribe.com
transcribe.me
transcribe.com
Advantages or differentiators
Less expensive, do transcribtion immidiatly after you have recorded. Dont use people to transcribe.
Finance
Business model is SaaS, customers pay each month. We offer our service for business as well as for personal usage.
Invested in previous rounds, $
Business model
Money will be spent on
Marketing and business development (bizdev team in San Francisco)
Development of new product features
Offer for investor
We 15% of the company at this stage
Mentors & Advisors
Lead investor
Risks
This service can be made by big corporations as Google or Microsoft faster.
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
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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
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
 
Want to invest
  • 0