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TECHSTARS SteeringCommittee 4MIN Pitch
TECHSTARS SteeringCommittee 4MIN Pitch
PROBLEM:
74% of B2B sales representatives are failing to meet their sales quotas due to:
- Low quality leads
- Lack of lead research
- Not knowing when is the right time to approach a potential customer
They spend at least 4 hours a day trying to figure out whom to target and when. So they
launch spray & pray sales campaigns to get a 1% success rate at the most.
SOLUTION:
GORODATA is a B2B Sales Intelligence platform that blends AI and a Knowledge Graph of the
business market to predict better sales leads by finding early Buying Signals in web data. We
catch companies much early in their purchase process, when they’re only planning to buy a
certain product or service, and not yet looking for vendors - allowing our customers to be
the first ones to get to a prospect, before anyone else.
TRACTION:
Since the end of 2021 we have Automated Platform with additional features being
implemented
41 active users, across 5 Paying Customers (Deloitte is one of them) and 3 unpaid pilots
$2320 MRR
We recently Closed and signed a $1150 deal, annual contract, that will be paid upfront
PREVIOUS ROUND:
$540K raised from 4 European VCs in pre-seed round last year
TAM:
TEAM:
We know each other for 20 years and we believe that we are the right team to revolutionize
B2B lead generation.
I have built a business unit from scratch which I took to $1M in Sales in just 2 years. I also
have experience in Machine Learning from my previous job as Director of Data Science
(Portuguese unicorn) and business know-how from my time at The Boston Consulting
Group.
Miguel (CTO and co-founder) was a software engineer for 10+ years and has worked for 3+
years as an AI-engineer at another Portuguese unicorn.
VISION:
Before starting this company, we realised the internet is making more and more data
available, but proper tools to make sense of it are still lagging behind. We want to be the
platform that feeds on available data and turns it into relevant and useful information that
businesses can act upon. Our goal it to revolutionise the way companies around the world
consume information and discover new business opportunities and joining the
Techstarstarts NYC program will accelerate that immensely.
Sources
Newspapers
Magazines
Community News platforms
Press-Releases
LinkedIn job posts
LinkedIn company profiles
Corporate/official websites of companies
Indeed job posts
Glassdoor job posts
Case studies
Customer acquisition:
USE OUR OWN PRODUCT this - Direct and Inside sales for the higher end – large
enterprises –
Freemium model for the lower end – SMEs
Partnerships with sales engagement tools and others
Build awareness through:
- Paid online advertising – it has worked so far (36 in 2K)
- Original content blog/ original social media posts
- Events and fairs
Keep a constant watch on your competitors and pay particular attention to what
they are doing really well
- Targeted outreach will beat generic lists and filters. What Google did for the ads
industry is yet to be done for sales prospecting.
- By using a unique Knowledge Graph of the business market, built from web data,
we are able to take into consideration how a company is connected to all others,
enabling us to find patterns and do a better company profiling.