Feedback Intelligence
topic on 1 show · 17 statements across 2 episodes · said 7 times in 2 episodes since 2024
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17 statements about Feedback Intelligence, every show
Movsisian: An Armenian engineering team extends $150K runway to five months
“And good thing is that my team, the tech team that I have is in Armenia, and there is a huge difference between paying there and here that I was like, okay, this is a, another five months runway.”
Movsisian: Feedback Intelligence charges $90k on average per annual contract
“On average, we charge them 90 K annual contract.”
Yin advises survival mode until the AI observability market fully matures
“You essentially need to kind of be in survival mode to get you into when the market really takes off.”
Hudson: Burning initial capital with low results raises the burden of proof
“It certainly raises the burden of proof. Like, you were given a million, and this is what you did. Now I have to believe that two million will be invested differently than the original million.”
Yin offers $150K at a $10M valuation to Feedback Intelligence
“For me, I would want to invest a 150 K at 10, but I realize that may not be interesting to you.”
Conwell: AI feedback intelligence is an overlooked problem poised for growth
“I can believe this is a problem that not many people are paying as much attention to just yet, but people will.”
Conwell: Feedback Intelligence's target valuation of $13.3M is a bit pricey
“That is a bit pricey for me.”
Movsisian targets $2M raise for 15% dilution, roughly a $13.3M valuation
“Yeah, I mean, we are comfortable to be diluted, like, around 15% for this two million.”
Movsisian: Feedback Intelligence has $1M in soft commitments toward $2M round
“We have one million soft commitment already.”
Movsisian pivoted to LLMs despite landing Fortune 500 computer vision client
“A year and a half ago, I started to build computer vision evaluation tool. And then with this generative AI market adaption, even though I got one of the Fortune 500 media companies as a customer, I saw like, this is not being scaled as I want. That's why we s…”
Middleton: Generative AI observability startups typically hope for only $9K ACV
“Most people in this space are hoping to get 9000.”
Movsisian: Feedback Intelligence commands an average $90K annual contract value
“So right now it's like on average where we charge them 90 K annual contract.”
Movsisian: Feedback Intelligence converts unstructured feedback into actionable engineering steps
“We have developed a novel solution. It's an orchestration of LLMs plus unsupervised learning where we are able to turn this unstructured thumbs up, thumbs down to a list of actions.”
Movsisian: Pilot customer Cogniz receives over 1,000 AI feedback messages daily
“So, one of the pilot customers that we have, they called Cogniz. They are providing conversational AI, LLM-based solutions to financial institutions, and these, like, financial analysts are using those, like, solutions for querying business transaction in Q-IV…”
Movsisian: Feedback Intelligence projects $1.5M ARR by the end of next year
“We are going to start the paid pilots first of July, aiming to convert them to annual contracts end of this year with 300 to 60 K ARR. And we are going to onboard 14 more customers aiming to have 1.5 million ARR by the end of next year.”
Movsisian: Feedback Intelligence secures three pilot customers and ten waitlist signups
“We've validated this problem solution feed, and we locked three pilot customers. We have also 10 customers on the wait list, and it's growing.”