May NewsFlash - LettsGroup AI VentureFactory and its Ventures

LettsGroup AI VentureFactory added nearly one new venture customer a day in May purely through organic channels and word of mouth. In the last 3 months we went from adding one new venture customer a month, to one a week, to nearly one per day. This momentum is driven by word of mouth and strong organic fundamentals. Further, VentureFactory KPIs are developing and the platform's business benefits are becoming clearer: helping startup founders build 3X faster with AI agents, hit traction in weeks not years, and reduce the investment required by millions - all designed to give startup founders greater control, faster execution and better outcomes.

LettsGroup VentureFactory Launches AI Co-Founders

In May we launched AI Co-Founders - the world's first persistent AI teammates built natively into a venture platform. It includes:

• Personalised Agents: Each AI Co-Founder is a specialised agent programmed to address specific needs within the startup lifecycle. Founders can choose which Co-Founder(s) to activate based on their current stage in the Innov@te Framework or specific challenges they face. Co-Founder agents deploy and manage other agents.

• Roles and Functions: The AI Co-Founders system can build your co-founder team for you, or you can build your own bespoke team. Examples of AI co-founders could include:

  • Idea Validation Co-Founder: Helps founders refine their ideas by conducting market research, assessing competition, and gathering user feedback. This agent provides insights that guide the decision-making process before moving forward.
  • Prototype Development Co-Founder: Assists in creating MVPs (Minimum Viable Products) and prototypes. It offers tools and templates, helps prioritise features, and provides guidance on user experience design.
  • Market Strategy Co-Founder: Focuses on go-to-market strategies, helping founders craft marketing plans, identify target audiences, and optimise sales funnels. This agent analyses data and suggests tactics to maximise impact.
  • Financial Planning Co-Founder: Aids in budgeting, forecasting, and financial modeling. It helps founders understand their financial health and guides them in making informed decisions about funding and expenditures.
  • Growth Optimisation Co-Founder: Works on scaling strategies, user retention, and growth hacking techniques. It analyses user behaviour and market trends to recommend actionable steps for sustainable growth.

In May, LettsGroup VentureFactory also added a new Core Tool 'FundRaiser', plus a simple, yet powerful 5 year forecasting system within Finance OS, and numerous enhancements to Startup Intelligence, it's chat-driven constant, contextual co-pilot assistant. Founders and investors can sign up to AI VentureFactory at Letts.Group.

Join us at LettsTalk-Tech1: THE AI-DOME

The next edition of our free popular event, LettsTalk-Tech, will be on 10 June, 5pm—6.30pm UK time. The event is online given our growing international user-base of startups, scale-ups and investors. Speakers include:

• Struan McDougall from Cambridge Capital (angel network) - the science city's original angel network backing some of their most exciting startups and spin-outs
• Toby Lewis from Reserve BTC (pre-seed) - the exciting new Bitcoin lending platform
• John Watton from LettsArt (seed+) - the fast scaling AI, no-code platform for the art world
• Oliver Andrews from RIX (pre-seed) - building a next generation insurance and reinsurance exchange
• Adam Badar from Bavlio (pre-seed) - the AI-native outreach and email marketing platform
• Peter Prince from LettsCore (seed+) - the blockchain platform tokenizing and micro-monetising content

"Join us inside The AI-DOME for 90 minutes of unfiltered insight from LettsGroup AI VentureFactory's leaders, 5 live startup showcases, and exciting innovators who don't just talk AI venture building — they're driving it. Spots are limited. This is the place where founders get sharper and investors get earlier."

Register here for LettsTalk-Tech1.

LettsGroup AI VentureFactory Core Apps

LettsArt KPIs are scaling fast with over 1,650 art galleries using its platform,  over 6,000 art collectors and more than 7,250 artworks available. Revenues are growing and its platform is proving to be very sticky.

LettsNews expanded its AI models and agents for its groundbreaking NewsAgent which creates, fact-checks, publishes, distributes and promotes quality news stories at-speed and at-scale. It is travelling well towards its LettsNews 1 launch and full commercial roll-out.

LettsCap is close to launch - combining tokenized equity, cap table and investor management into one secure, modern blockchain platform.

Jot has expanded its AI-native diary with shared journals incorporating numerous apps into one agentic team interface - journal, tasks, calendar, address book, note-taking and actions. Jot is on a fascinating mission to enhance and protect the daily workflow of young people. Built by the 8th generation of the original inventors of the diary.

Explore Some of the Exciting Ventures Powered by LettsGroup's AI VentureFactory

Take a look at some of the startups, scale-ups and investors running on LettsGroup AI VentureFactory — go to https://letts.group/customers/.