Dealtwidth
en
en
en
en
en
en
Date of Foundation
2023

Dealtwidth

AI-Powered Deal Comparison Platform

Contact

The Idea origin story

Dealtwidth provides a platform where customers can upload images of their invoices or quotes. Our sophisticated AI-enabled system then scans and compares these with multiple suppliers to locate the most cost-effective options, potentially saving them money on their entire invoice. The system also offers intelligent recommendations for alternative products, or more affordable pricing structures, thereby ensuring significant savings and smarter procurement choices.

The Mission

My products vision is to help people from getting over charged on products and to save people money whilst also growing the construction industry

Clients

My business idea at the moment targets customers in the construction industry who are looking build or refurbish

Problems we solve

Client’s problem

Your startup could solve the problem of overcharging in the construction industry by providing a cost-effective and efficient solution. It allows customers to compare prices and offers AI recommendations for cheaper or alternative products, leading to significant savings.

Confirmation of problem

many customers in the construction industry are overcharged and finding affordable suppliers is often time-consuming.

Solution

Your AI structure could have a database of construction suppliers, comparing their prices and reviews. This will speed up the selection process, ensure fair pricing

Our technologies

This solution is based on technologies

Artificial Intelligence, Machine Learning, OCR technology for scanning and data extraction, big data analytics, cloud platforms.

How it works

Harnesses AI for cost-effective recommendations, applies OCR tech for swift customer interaction, and utilizes big data to offer budget-friendly products.

Value for the client

"Revolutionizing the construction industry by offering quick, AI-powered price comparison & recommendations to ensure optimal spending and growth."

Market and strategy

Market size

806

mln/year

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

Market share goal

20

% of the market

Is our goal in the next 3 years

Team

My name’s

Sami elkholta

My key role in the product

My key role is CEO, and I'm responsible for setting strategic direction, building a strong team, securing funds, and driving growth.

Team size and key members

Consider bringing onboard diverse individuals who can contribute unique skills, such as a technical lead, marketing guru or financial expert. Good startup teams also include advisory roles for industry experience and mentorship.

Competitors

Competitors

Given your venture's unique value proposition of scanning, comparing, and advising on entire invoices as opposed to individual items, potential competitors could arise from comprehensive price comparison platforms. Existing companies may expand their services or new entrants might emerge. Consider keeping an eye not just on direct rivals but also indirect ones that can veer into your turf with a slight shift in strategy such as aggregator services like Trivago or Skyscanner which could explore beyond travel sector.

Our Advantages

Experience AI-powered product recommendations, convenient invoice savings, time-efficient item searches, and easy access to nearest or least expensive suppliers with our services.

Business model

We make money on commission from the supplier and also adding a small fee onto the client

Traction

After thorough market research, we've engaged potential customers keen on our services and established connections with suppliers.

The company will evolve into a client-centric entity, establishing a reputable brand identity while initiating an innovative new service.

Metrics

Tracking daily and monthly customer interactions, along with the tally of newly acquired versus lost customers will be our primary metric. Additionally, we'll measure growth rates across regular intervals for empirical insight into performance trends.

Incorporation

Our company incorporated in

London

Key risks

The main risks could be facing competition from already established suppliers and marketplaces, potential technical challenges in image recognition, disruptions in supply chains, privacy concerns regarding the handling of invoice data and gaining the trust of construction businesses.

Investments

$

0

We raised investments

Our Investors

Don’t have investors

Rising Investments

$

100000

Currently, we are raising investments

$

0

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Inspired by a garage overcharge, we embarked on a journey to create transparency in auto-parts pricing. Our aim is to assure fair deals for everyone.

Dealtwidth
Idea
Date of Foundation
2023