Application YC di flexEngage
flexEngage ha partecipato a Y Combinator nel batch Winter 2016 come azienda B2B. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.
- Batch YC
- Winter 2016
- Settore
- B2BRetail
- Dimensione team
- 25
- Stato
- Acquired
- Lanciata
- 2015
Founder
Tomas DiazFounder/CEO
Jay PatelFounder
Cosa fa flexEngage
flexEngage helps retailers personalize post-purchase communications, like receipts, to better engage their most committed customers and drive additional sales. Amazon is destroying traditional retailers with their data and software because most retailers can't afford to build it on their own. So instead, retailers resort to wasting billions of dollars on ineffective marketing like Facebook ads to try and compete, while ignoring their most effective marketing channel, post-purchase communications. flexReceipts provides retailers with Amazon-like software for their trillions of post-purchase communications, by turning static messages into a personalized marketing medium. We have a powerful data network effect; creating the world’s largest database of consumers’ shopping behavior currently at 300 million transactions and 47m unique consumer profiles. Other important information: - Our consumer database will replace the need for Nielsen, IRI, and Traqline - A $130b industry. - We're at $2.4m ARR, - Deployed in 11k stores nationwide by amazing brands like Under Armor, Michael Kors, Oakley, and GNC. - Contracts range from $25 - $500k yearly, recurring - with the majority being 3-year contracts. - Avg retailers you have never heard about, like Shoe Carnival and DXL, each represent $100k yearly recurring contracts for us. - We've run an efficient company while we found PMF. $2m still in the bank, $85k monthly burn.
Application YC di flexEngage, ricostruita
Domanda per Y Combinator
flexEngage, batch Winter 2016. Le vere domande del form, risposte da dati pubblici.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
flexEngage
Dynamic post-purchase retail communications
We built flexReceipts to turn static retail receipts into personalized, data-driven marketing messages. Our software helps retailers like Under Armour and Michael Kors engage customers post-purchase and drive more sales by using transactional communications as a marketing channel.
We live and operate in Orlando, FL and plan to continue basing the company there after YC.
Orlando is where we built our early traction and relationships with retail clients. Staying here keeps costs low and lets us focus on product and customers rather than relocating.
21 risposte in più nell'application completa
Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.
Domande Frequenti
Questa è l'application YC reale di flexEngage?
No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di flexEngage (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come flexEngage si presenterebbe a YC, non il testo che hanno inviato.
A quale batch YC apparteneva flexEngage?
flexEngage apparteneva al batch Winter 2016 di Y Combinator.
Chi ha fondato flexEngage?
flexEngage è stato fondato da Tomas Diaz, Jay Patel.
Cosa fa flexEngage?
Dynamic transactional communications for physical stores to help…
Come leggo la ricostruzione completa della application?
Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di flexEngage, e di ogni altro batch YC, è in YC Insights.
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