Analyst Report: Upgrade for access Vengreso’s Productivity Tool Doesn’t Quite Hit the Mark
Vengreso aims to save workers time with its productivity tool, but its execution leaves something to be desired.
- Details
- Company: Vengreso on Wefunder 2022
- Security Type: SAFE
- Valuation: $7,000,000
- Min Investment: $100
- Platform: Wefunder
- Deadline: Apr 30, 2023
Shortcuts to Success
Writing emails, office memos and other work-related content can get tedious. Have you ever found yourself copying and pasting email after email to retain the same format? Or searching for that one email you sent that got great engagement? This searching, copying, and pasting takes precious minutes every day that compound into hours every week.
What if you had a tool that could give you that time back? If that tool were used by hundreds in a corporation, that’s thousands of hours saved every week. Vengreso aims to provide this solution with FlyMSG, a software-as-a-service (SaaS) productivity tool that allows individuals to easily create and use template messages via keyboard shortcuts.
Mario Martinez Jr. (CEO) and Viveka Von Rosen (chief visibility officer) founded Vengreso five years ago as a digital sales prospecting training company. FlyMSG was built as a companion tool for sellers to leverage prospecting messages online. But since discovering that the majority of its users were not in sales, but in fact varied across many industries, Vengreso has undergone a soft pivot to focus solely on the FlyMSG tool. However, the market for project management software — specifically text expander and autofill tools — is growing fast and has an increasing number of well funded competitors. This, along with difficulty pivoting, are some of the biggest obstacles Vengreso faces.
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