DeepNeed is an AI-based platform for increasing customer loyalty and reducing churn for brick-and-mortar retailers. DeepNeed’s co-founder and lead data scientist, Ivan Markov shared their startup’s insight with us.
We realized that the volume of spam from brick-and-mortar retailers lead us to block/unsubscribe in most cases. That's why we decided to bring the e-commerce level of personalization to offline retail. We believe that our AI models can solve this problem, that’s why we founded DeepNeed in 2016.
We are a team of four, two co-founders, one production responsible, and one digital marketing responsible.
#ecommerce #data
GDPR compliance (no personal data used), the platform’s versatility, and the quality of predictions are comparable to our e-commerce competitors or higher.
The monthly growth rate of our revenue and users.
We plan to have the first subscription sales and/or the next investment round. In five years we plan to work in more than 5 geographical regions and have more than 20 clients.