Hi. What's your YTD revenue? What are your revenue goals for the next 5 years? This will give me an idea of the company's potential and what kind of growth you are envisioning for the company. Thanks.

Leonardo, We have had $50K in revenue YTD, but expect to close $100K to $150K in business before end of the year. We were impacted by Covid for 8 months as our customers - brands and retailers focused on supporting their core business during Covid and growing their e-commerce businesses to support online shopping. With 600% growth in video during Covid, we have had lot of brand and retailer interest since October 2020 as economy begins to come out of Covid and as e-commerce sales grow this ho...

Hi Team, What are your profitability projections for the next 5 years? Wanted to understand what CAGR you are targeting, and what % of revenues are expected from top 5 clients. (Ballpark is fine, if those are private figures you are not comfortable disclosing)

Rohan, I have done projections for 3 years. Revenue target is $1.469M for 2021, $5.69M for 2022 and $18.6M for 2023. We expect 70% of revenue to come from Enterprise customers from SAAS and Licensing business model.

Hi Ajay, what type of investment are your offering? Greatings from Italy!

Luca, Greetings. The investment is a convertible note that converts into equity at the next round of financing. If you check out the wefunder FAQs, it explains the details of the convertible note and how it works. https://help.wefunder.com/contract/295251-convertible-note. Please let me know if you need more help.

Ajay, can you provide an update on your bookings, revenue and pipeline? Did you meet the targets/objectives you mentioned in a post in Dec?

Sachin, Thanks for your comment. We just signed up a major top fortune 25 brand as an enterprise customer. I am not allowed to go public with the name as part of the contract, but will announce when we get there. I will share the sales pipeline sheet with you. Thx!

According to Wefunder, Vyrill has a outstanding loan from Kabbage of $12,234 with an interest rate of 78%. What made you take out such a high interest loan and why has it not been paid off yet? I am also interested in Sachin's question. Thank you.

Alexander. We had a tight cash flow situation during Covid last year and thus took a loan to meet payroll. Its paid off now and cleared up. Infact I renegotiated it to $7.5K and paid it off.

Vyrill Inc.

Vyrill offers deep AI driven video insights through the most powerful in-video search on the market

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vyrill.com

San Francisco, CA

Female Founder B2B Ecommerce Retail AI

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Claudius interviewed Vyrill Inc. on February 10, 2021. Play Video

Claudius Mbemba

CTO @ useneu.com. Alum: Techstars, Microsoft, OSU. Speaker & Tech Entrepreneur advising early-stage founders.

Strengths

says, "Strong founding team with relevant background. The IP, "AI for in-video product search", is great! And applying it to this space of connecting brands to what their customers are saying about them is novel/different. Their Go-To-Market via video platform (TikTok, YT, Vimeo, etc) partnerships and industry vertical alliances makes a ton of sense."

Advice

says, "The licensing model works great! But explaining to users exactly how you plan to ensure their content isn't monetized without their expressed approval will go a long way to building trust."

What Investors Say

Director of Product Design at EdCast

LEAD INVESTOR

Invested $22,000 this round

Vyrill is years ahead of the race to enhance Video analytics to full potential. Every element of the video will become useful to Business, Advertising and Marketing.
Thanks to the application of AI that handles volumes, every brand can finally fully understand what is happening in the social space and invest accordingly. I directly worked with the team on the first set of products and I believe that potential is unlimited.

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Vyrill Inc.

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$365,595

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