Acronary
Date of Foundation
2023

Acronary

Innovative Cloud-Based Glossary Management

The Idea origin story

Acronary delivers a unique cloud-based solution for SMBs, facilitating seamless creation, management and retrieval of internal glossaries. Our platform simplifies the communication process by reinforcing consistent usage of terminology across departments. It significantly eases onboarding procedures and enhances intra-organizational comprehension, effectively minimizing errors arising from miscommunication thereby accelerating productivity within your organization.

The Mission

Envisioning seamless business communication through unified glossaries, our mission is to empower SMBs in managing company-specific terminology.

Clients

Our customers are SMBs seeking streamlined communication, startups aiming for consistent onboarding, and teams desiring clarity in company-specific jargon.

Problems we solve

Client’s problem

Your startup solves the problem of internal communication confusion, inconsistency in terminology usage across teams, ambiguity during onboarding and time-consuming manual glossary management.

Confirmation of problem

The actuality of the problem is confirmed by the fact that many businesses face inefficiencies due to miscommunication, leading to errors, lost time, and decreased productivity.

Solution

The solution to these problems lies in deploying a cloud-based platform that allows employees to easily access, update and search for terms found in a company

Our technologies

This solution is based on technologies

Our solution harnesses cloud-based technology, ensuring seamless glossary management, with plans for AI-driven jargon detection to auto-populate company-specific terms.

How it works

Acronary streamlines team communication by enabling businesses to add, manage and effortlessly look up terms in internal glossaries.

Value for the client

Acronary boosts productivity by streamlining communication, simplifying onboarding, and promoting clear, consistent business terminology.

Market and strategy

Market size

200

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

5

% of the market

Is our goal in the next 3 years

Team

My name’s

Jason Baron

My key role in the product

As CEO, Jason Baron leads strategy, supervises operations, manages stakeholder relationships and aligns the team with Acronary's vision.

Team size and key members

Eamonn, as the CTO, spearheads Acronary's tech vision, ensuring robust platform development. His team has innovated key features, optimized performance, and guaranteed a seamless user experience.

Competitors

Competitors

The closest is GlossaryTech and Tilde Terminology, followed by TermWeb

Our Advantages

Acronary is designed for SMBs, merging the divide between complex and specific platforms. Its accessible interface makes terminology management simple for all staff, beyond linguists. With cost-effective pricing, we assure smooth comprehension across company levels.

Business model

Acronary's revenue comes from subscriptions, with variable fees based on features and user numbers. Extra charges apply for premium support and integrations.

Traction

In a week, Acronary has accomplished major strides: backend completion, Chrome plugin development, server setup, domain security. We've integrated CRM and Google Workspace while finalizing our API development. Plus, our business plan began with the launch of a landing page and front-end design.

By the end of the 18 months, we anticipate a 250% user base growth, completion of our AI-driven jargon detection feature, entry into three new markets, and forging partnerships with 50+ SMBs, positioning us for Series A funding or achieving profitability.

Metrics

We track metrics including user engagement, active users, retention rates, frequency of glossary creation and plugin downloads. Also focusing on the efficiency of search results, monthly revenue flow trends alongside customer churns & feedback scores to strategize growth and improvements.

Incorporation

Our company incorporated in

Delaware

Key risks

The main risks could be competition from existing or new platforms, slow user adoption due to resistance to change in communication methods, difficulties in scaling up operations, and potential data privacy/security concerns among businesses.

Investments

$

$485.98

We raised investments

Our Investors

Currently, Acronary is self-funded by founders Jason and Eamonn, retaining 100% ownership. We're in early talks with potential investors to raise capital in exchange for equity, details pending.

Rising Investments

$

100000

Currently, we are raising investments

$

1500000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

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Additional information

MVP