Soventem Limited
Date of Foundation
2019

Soventem Limited

Soventem: Pioneering In-Vehicle and Personal Companions

The Idea origin story

HiBFF is a revolutionary platform that offers personalized AI companions designed to enhance your emotional well-being and social interactions. Our AI family, including AvaBuddy, AvaLoved, and AvaPet, are hyper-realistic, engaging in natural conversations, and tailored to your individual needs. Join the HiBFF community and experience the future of AI companionship.

The Mission

HiBFF's Vision to Revolutionize human connection Providing emotional support, companionship, and personal growth through AI companions.

Clients

HiBFF customers are individuals seeking emotional support, companionship, and personal growth. They value technology that can enhance their lives and foster meaningful connections.

Problems we solve

Client’s problem

HiBFF alleviates loneliness, isolation, and emotional distress. Our AI companions offer a listening ear, support, and encouragement, providing a sense of belonging and companionship. We help individuals build confidence, develop social skills, and achieve personal goals.

Confirmation of problem

HiBFF connects people feeling isolated, improving social skills and promoting personal growth through empathetic AI companions.

Solution

Our solution is a versatile AI companion that offers interactive emotional support, fosters personal growth, and encourages social skills.

Our technologies

This solution is based on technologies

How it works

HiBFF uses AI to generate avatars via D-iD enabling personalized interactions through ChatGPT. Users name there AvaBuddy, engage in meaningful conversations for emotional support and companionship.

Value for the client

HiBFF offers AI companions for emotional support and personal growth, fostering meaningful connections and alleviating loneliness.

Market and strategy

Market size

279.22

mln/year

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

Market share goal

2

% of the market

Is our goal in the next 3 years

Team

My name’s

Robert Parson

My key role in the product

I oversee our startup's strategy, lead product development, manage stakeholders and secure funding to drive innovation.

Team size and key members

Vizz Web Solutions is currently developing the MVP. Co-founder Rebecca Parson leverages her marketing & design skills to create AvaBuddy, our AI companion.

Competitors

Competitors

Notable competitors in our landscape include Replika, with emotionally supportive AI, Mitsuku's conversational abilities, Xiaoice from Microsoft for companionship, Woebot's mental health focus and Synthesia's mimicry of human emotions. Also significant are Hanson Robotics' humanoid robots, Ubtech’s AI solutions and Emotix’s educational AI companion Miko.

Our Advantages

HiBFF's uniqueness stems from personalized AI companions that users can tailor, our state-of-the-art tech for realism, and focus on emotional support over mere conversation. Our user-centric design promises a seamless experience while having the agility to adapt with changing trends.

Business model

HiBFF generates revenue through subscription fees for personalized AI companions. Clients pay for premium features, customization options, and enhanced interaction capabilities.

Traction

Over the past six months, we've transitioned from LUCY to HiBFF.com and launched AvaBuddy.com. Progress included efforts on social media marketing and partnership with Vizz Web Solutions for our MVP development.

By month 11, we'd achieve key goals: beta launch of HiBFF, user engagement boost and initial revenue. With solid market presence via strategic marketing and partnerships, we're ready for future growth and further investment rounds.

Metrics

PitchBob’s recommendation: Our key metrics include daily and monthly active users, session duration, conversion rate, Cost Per Acquisition (CPA), retention/churn rates. We also track Average Revenue Per User (ARPU), Lifetime Value (LTV) and customer satisfaction indicators like NPS score.

PitchBob’s recommendation: Funded by family and friends, Soventem demonstrates personal belief in our vision. Our status as EIS approved in the UK strengthens investor appeal and highlights potential growth within AI and automotive sectors.

Incorporation

Our company incorporated in

UK

Key risks

PitchBob’s recommendation: The main risks for HiBFF involve AI integration challenges, data privacy concerns, and user engagement. We also face market competition and financial uncertainties around external funding and scalable operations.

Investments

$

97000

We raised investments

Our Investors

Rebecca Parson and family 30% Robert Parson 70%

Rising Investments

$

990,421

Currently, we are raising investments

$

425000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

HiBFF is revolutionizing digital companionship with AI-driven avatars that offer personalized, lifelike interactions. From emotional support to everyday assistance, HiBFF connects you with AI friends who truly understand you, making loneliness a thing of the past. Experience a new era of connection!

MVP