EvaBot

EvaBot

Early Stage

Simplest and smartest way to send highly personalized physical gifts.

Simplest and smartest way to send highly personalized physical gifts.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Republic

Start Date

11/23/2017

Close Date

12/30/2017

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$50

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/30/2017

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2015

Industry

Business Services, Software, & Applications

Tech Sector

Location

San Francisco, California

People love receiving gifts, but picking out the right gift to give can be stressful and frustrating. After all, no one wants to be the person sending a bottle of wine to a non-drinker.

And that’s where EvaBot is here to help solve the gift giving dilemma! EvaBot uses an artificially intelligent (A.I.) chatbot that engages with customers to deliver a highly personalized gift. First, Eva “chats” with the recipient on a client’s behalf via text and finds out their gift preferences, address, and any other relevant data in less than a minute. Then, Eva chooses a gift that matches the recipient's preferences and the client’s budget and sends the gift. Clients can track the gifts, see analytics, and collect data like testimonials, thank-you notes, surveys, and birthdays. This can help businesses and professionals build stronger relationships with their customers, as well as create positive brand association.

After all, businesses in the US spend more than $100 billion on gifts each year. And so far, EvaBot has more than 100 paying customers in twelve months since launching in August 2016, a cumulative monthly growth rate of 27%, and 100% month over month subscriber base growth with 30% net margins. Customers include Facebook, Oracle, and Microsoft, and their current customer pipeline is projected to achieve $1 million in annualized gross revenue in the next six months, and $4 million by 2018.

EvaBot offers gifts anywhere from $20-$1000, and for extra, you can get branded boxes or handwritten notes to go with your gift as well. They have 15-20 partners who sell 3-5 products, which means they have an available product range of between 75-100 products at any given time that keep rotating. And, if for any reason, people don’t love their gifts, they send them another one without any additional charge.

For professionals and businesses, the positive brand association from successful gifts, and the customer appreciation and loyalty it can earn, is invaluable. EvaBot automates the whole process and provides a one-stop-gift-giving-shop -- letting you connect better with customers, colleagues, and friends.

“Who Should Be Interested in This Offer:”
If you’re tired of the time it takes to give the perfect client gift (especially if you have a lot of clients!), or you’re someone who loves being able to send the perfect present to a friend or family member, then EvaBot might just be the investment for you. Their automated bot makes gift giving easy -- and ensures that the recipient will truly enjoy their present. It’s a gift-giving win-win!
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EvaBot on Republic
Platform: Republic
Security Type: SAFE
Valuation: $7,000,000

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