Everything Chinar Movsisian said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Movsisian: No analytics solution exists for generative AI user feedback
“There is no solution to handle this for AI slash generative AI.”
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 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 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 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 charges $90k on average per annual contract
“On average, we charge them 90 K annual contract.”
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.”
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 commands an average $90K annual contract value
“So right now it's like on average where we charge them 90 K annual contract.”
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…”
Movsisian: Feedback Intelligence has $1M in soft commitments toward $2M round
“We have one million soft commitment already.”
Chinar Movsisian
THE PITCHLEDGER