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Invest in Tersho (YC S22)

No-code BI tool that lives in spreadsheets

FIRST GOAL HIT (You can still invest)

$183,683

raised from 69 investors
INVESTMENT TERMS
$12M valuation cap Future Equity
LEAD INVESTOR
Apoorve and Nikhil are an all rounder co-founders with deep technical and business expertise built through multiple projects and pivots they took in their startup journey. Having personally known them for more than 5 years, I know their willingness and dedication to take Tersho to next level. Both compliment each other's skill and thus makes for a good team. Having talked to multiple startup founders, one thing that was very common was google sheets. Most of them use google sheets to track metrics, which requires a lot of manual efforts from there end. People are willing to spend a 1000 of dollars to get a good automated dashboard on sheets. The existing ways to do so are very expensive and slow and requires a lot of efforts to integrate a new source of data. The problem they are working on is big and was there own pain point in the past. With the interest from companies and the current metrics, the potential of Tersho looks very high.

Highlights

1
Helps connect spreadsheets to all your data sources and build insightful visualizations
2
$1.5k MRR from 9 dashboards in 3 weeks
3
Removes reliance of non-tech people on data teams
4
$16B market opportunity (2.2m businesses with 100+ employees * 30 seats * $20/seat)
5
$650k raised from Endurance Capital + founders/CXOs @ Airbnb, Nutty Gritties, TradeIndia

Our Team


Pitch

At Tersho, we're creating a new all inclusive, no-code BI tool that lives in the spreadsheet.

So far, we have achieved a monthly recurring revenue of $1.5k from 9 dashboards in 3 weeks.

Our top-tier engineers have impressive educational and professional backgrounds, with one founder becoming the youngest-ever CS graduate and the other the successful creator of BookMySlot.

We want to widen access to business intelligence by making tools easy to understand, even for non-tech people. Widening accessibility to these tools also reduces dependency on data teams, freeing up more time.

As Tersho is incorporated into spreadsheets, adoption is easy as users won't have to learn a new interface.



Successful rental furniture company Pabio switched to our platform and found that not only does Tersho provide simple access to business intelligence, we are also 4x cheaper and require fewer clicks to get the job done.

With a strong team of experts and $1500 MRR in the first 3 weeks of operation, we are rapidly tapping into a $16B market opportunity.

Our plan to build the most-used BI tool will be achieved by introducing no-code add-in for the two most popular spreadsheet platforms, AI-powered dashboards and finally automated insights.



We believe are on track for $100K MMR in the period of just over 1 year, with 130+ companies on our waitlist including Microsoft and Volvo.




Overview