“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.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Chinar Movsisian
AssertionNot checkable as stated
Movsisian: No analytics solution exists for generative AI user feedback
“There is no solution to handle this for AI slash generative AI.”
Chinar MovsisianNov 13, 2024▶ 1:52AI Needs Feedback Intelligence. Will Chinar’s Pitch Seal the Deal?
AssertionNot checkable as stated
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.”
Chinar MovsisianDec 12, 2024▶ 1:04:44Season 12 Finale: What Happened After The Pitch?
PredictionNot checkable as stated
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.”
Chinar MovsisianNov 13, 2024▶ 2:33AI Needs Feedback Intelligence. Will Chinar’s Pitch Seal the Deal?
AssertionNot checkable as stated
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.”
Chinar MovsisianNov 13, 2024▶ 5:36AI Needs Feedback Intelligence. Will Chinar’s Pitch Seal the Deal?
Disclosure
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.”
Chinar MovsisianNov 13, 2024▶ 9:56AI Needs Feedback Intelligence. Will Chinar’s Pitch Seal the Deal?
AssertionNot checkable as stated
Movsisian: Feedback Intelligence charges $90k on average per annual contract
“On average, we charge them 90 K annual contract.”
Chinar MovsisianDec 12, 2024▶ 1:01:22Season 12 Finale: What Happened After The Pitch?
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