LettsGroup's AI VentureFactory has been busy over the summer building routes to market, focused initially on accelerators, venture capital firms and other apps for the startup community. It already boasts a cornerstone partnership in each of these categories, to be announced soon, which should start bearing fruit this Autumn.
Last week the product team launched the VentureFactory's latest Dashboard 0.3 which offers more advanced features for both founders and investors and we believe fundamentally alters the cost of building tech and digital startups, enabling British and European startups to compete on a more even playing field with better funded US companies. Startups using the AI VentureFactory for more than 12 months have on average benefited from an 80% reduction in the cost of building their tech startup to Seed stage.
LettsCore is live in public beta and already adding more than 10 new users per week. The groundbreaking AI and Blockchain Content Management System (CMS) offers universal, distributed media storage, management and retrieval at scale, plus a series of intelligent content-enabling tools which include micro-monetisation, NFT minting, social sharing and auto-distribution. As a part of its launch offering, individual users can sign up to a free trial and get 2,000 credits . They can also set up an Organisation account. You can get going at LettsCore.com .
LettsNews was launched in public beta in late July, so in August it started to onboard early adopters. With dozens of users on board and a strong percentage upgrading to paid subscription plans, its unique place in the newsroom software market looks like it will be validated. This cost effective, AI-powered platform offers independent journalists, PR's and content managers tools normally reserved for enterprise-scale newsrooms and news publishers. The main newsroom dashboard is a web app, but the team have been busy readying their mobile apps, designed for work in the field with in-app subscription purchase, in both the Apple App Store and Google's Play Store. Coming soon.
LettsArt , the fast growing AI, no-code platform for artists, gallerists and new generation art collectors has launched LettsArt 2.5 (Phase 1) to its sizable user base. This latest release halves the time to sign up and start building an online art gallery thanks to its streamlined approach and innovative new use of AI. It also offers a next generation art management dashboard with fast, easy to use mobile capabilities and a multi-user model with advanced pricing to scale its core of independent visual artists while also starting to support professional art studios, independent gallerists and art dealers.
Jot , one of the more recent adopters of the AI VentureFactory, is readying its teaser website for imminent launch. Its young, new generation tech team pushes the bounds, using AI for practically everything. Most important, they are crafting a powerful reimagining of one of the oldest, most iconic consumer media products. It's a shoe-in for AI disruption and a category that has mass market consumer appeal with high customer usage rates. The space is competitive, but we believe that these young innovators have what it takes to deliver on their plans. They also offer a distinctly Brit brand in an overly US-polar environment. Watch this space!
LettsSafari is a quiet, yet powerful networked movement. It makes quite a difference to its users. This long term play is perfectly suited to the AI VentureFactory, having used it the last two years to expand its digital platform while proving its smaller-scale, mass market rewilding system. To do this it needed to build and operate its digital platform arm at a systemically lower cost base to keep re-investing in its rewilding parks and its important work on the ground. The second phase of LettsSafari's journey, stepping-up to commercial scaling, involves opening national rewilding safari parks in the West as high profile commercial attractions, starting here in the UK. Demonstrating its expertise, the team has released a serialised, definitive digital guide to smaller-scale rewilding - find it here .
We highlight just a few startups in each monthly edition of LettsGroup's NewsFlash. To explore other companies using LettsGroup's AI VentureFactory go to LettsGroup/ventures.
