SUMMARY
- Botsi raised $1.5M in Pre-Seed funding.
- Funds will support product development and growth.
- Botsi helps subscription apps increase revenue.
Botsi, a NYC-based provider of a personalized monetization platform for consumer subscription apps, has raised $1.5 million in a Pre-Seed funding round.
The round saw backers Telegraph Ventures, Plain Sight Capital, Atlanta Tech Angels, VentureSouth, and angel investors.
The company plans to use the fresh capital to expand its operations and development efforts.
Funding Snapshot
| Metric | Details |
|---|---|
| Fundraise Amount | $1.5 million |
| Valuation | Not disclosed |
| Company | Botsi |
| Sector | SaaS / Mobile Apps / Monetization |
| Headquarters | New York City, USA |
| Lead Investor | Not disclosed |
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About Botsi
Founded by Jacob Rushfinn, Jason Schubert, and William Schubert, Botsi is a personalized monetization platform for consumer subscription apps across web, and mobile. Its technology determines which offer to show each user in real time based on their behavior and context.
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The platform continuously learns and adjusts its models as the traffic mix, product and competitive environment change. Botsi aims to help subscription apps reduce churn, increase revenue and improve customer lifetime value.
Core offerings include:
- Personalized monetization
- Real-time offer selection
- Churn reduction
- Revenue optimization
- Customer lifetime value optimization
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
|---|---|
| Personalized Monetization | Selects suitable offers for individual users |
| Real-Time Offer Selection | Determines which offer each user sees |
| Behavioral Models | Uses user behavior and context to guide offers |
| Continuous Learning | Adjusts offers as market and product conditions change |
Leadership Comments
“For years, B2C companies have A/B tested offers and shipped the one that works best on average. Who wants to be average? Your users have different needs, and different reasons for paying, and forcing one offer on all of them costs you revenue and customers, "said Jacob Rushfinn, co-founder and CEO of Botsi.
“Great teams find real problems. Botsi's founders bring the credibility and expertise to turn subscription pricing from guesswork into science, and that's why we invested in them, " said Luis Gutierrez Roy, General Partner, Telegraph Ventures.
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