Bazium
Date of Foundation
2010

Bazium

Online presence builder

The Idea origin story

Bazium is a platform that allows you to transform a regular business into an IT business. Features include: website and online store creation, a personal dashboard for registered users, chatbots, the ability to create step-by-step instructional courses. Flexible customization for unique tasks. CRM for sales organization.

The Mission

Create IT tools that help entrepreneurs promote their business and simplify interactions with customers.

Clients

2 target audience categories: (1) Freelancer entrepreneurs and small business owners. (2) Designers, marketers, business coaches assisting their clients in organizing marketing and sales.

Problems we solve

Client’s problem

Every business should become an IT business. We enable this without significant monetary and time investments, and within the framework of a single service, rather than a multitude of different ones.

Confirmation of problem

many businesses struggle with digitization due to lack of resources, time and access to all-in-one solutions.

Solution

A platform that allows you to create key business tools without programming and complex no-code solutions: a website, chatbots, CRM, and automated email notifications.

Our technologies

This solution is based on technologies

We use our own developments in Ruby On Rails, Angular, and JS.

How it works

SaaS: Users can easily register and manage all functionalities within an intuitive interface.

Value for the client

Bazium transforms businesses into efficient IT-enabled enterprises, providing all-in-one website creation, CRM and more for seamless operations.

Market and strategy

Market size

2000

mln/year

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

Market share goal

3

% of the market

Is our goal in the next 3 years

Team

My name’s

Eugene Tarasov

My key role in the product

"My key role is Strategy and Design Lead, responsible for crafting strategic plans, designing new features, and ensuring their successful roll-out."

Team size and key members

We have a small team. A DevOp, 2 frontend developers, an art director, a designer, a marketer, and a customer support specialist.

Competitors

Competitors

Additional competitors could potentially include Shopify, WordPress.com, Zyro for their AI-driven designs, and numerous niche platforms tailored to specific industries or user needs.

Our Advantages

Bazium exceeds the functionality of other builders with its uncomplicated interface. Simpler than no-code platforms, yet it enables unparalleled operations on websites.

Business model

SaaS. Customers pay by subscription (monthly or annually).

Traction

Evolving beyond Eastern Europe, we have now adapted our operations to English, preparing for a promising launch in the UK and US.

On track to expand our customer base to 25,000 with paid subscriptions. Future development includes cutting-edge chatbot modules and an efficient online booking module.

Metrics

Boosted user base to 1,500 with active engagement in 1,900 projects leading toward an impressive annual revenue of $120,000.

The yearly income generated stands at a robust $120,000, demonstrating both stability and potential for growth.

Incorporation

Our company incorporated in

Estonia

Key risks

The main risks of your startup Bazium could be the high competition in the IT solutions market, dependency on technological changes, privacy concerns and data breaches, difficulty in customer acquisition due to potentially high costs or reluctance to change existing habits, as well as struggle to sustain growth if not scaling correctly.

Investments

$

1500000

We raised investments

Our Investors

I invest my own money (and reinvest Bazium's income).

Rising Investments

$

3000000

Currently, we are raising investments

$

15000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Our startup also features a distinct module for restaurants, now independently evolved into its own dedicated project.

Growth