flexEngage

Inscrição YC de flexEngage

Winter 2016Acquired

flexEngage passou pela Y Combinator no batch Winter 2016 como uma empresa B2B. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC
Winter 2016
Indústria
B2BRetail
Tamanho da equipe
25
Status
Acquired
Lançada
2015

Fundadores

  • Tomas Diaz
    Tomas DiazFounder/CEO
  • Jay Patel
    Jay PatelFounder

O que flexEngage faz

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.

Inscrição YC de flexEngage, reconstruída

Inscrição Y Combinator

flexEngage, lote Winter 2016. As verdadeiras perguntas do formulário, respondidas com dados públicos.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

flexEngage

Describe what your company does in 50 characters or less.

Dynamic post-purchase retail communications

What is your company going to make? Please describe your product and what it does or will do.

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.

Where do you live now, and where would the company be based after YC?

We live and operate in Orlando, FL and plan to continue basing the company there after YC.

Explain your decision regarding location.

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 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Perguntas Frequentes

Esta é a inscrição real da YC de flexEngage?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de flexEngage (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como flexEngage se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC flexEngage esteve?

flexEngage fez parte do batch Winter 2016 da Y Combinator.

Quem fundou o flexEngage?

O flexEngage foi fundado por Tomas Diaz, Jay Patel.

O que o flexEngage faz?

Dynamic transactional communications for physical stores to help…

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do flexEngage, e de todos os outros lotes do YC, está no YC Insights.

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