Invest in SIMANTIKS
Welcome to the SIMANTIKS Investor Information Page. Discover how SIMANTIKS, an AI-powered API, transforms raw text data handling for developers, enhancing AI application performance. Learn about the evolution of our technology, and the achievements of our related ventures.
This page details the business opportunity, and potential market impact. Join us in revolutionizing AI-powered business applications.
The AI Industry Context
Real-World Business is Still Waiting for Real-World Results…
Despite the rapid growth in the AI industry, most of the current applications fail to provide the reliable results that real-world business needs so much.
The AI industry is experiencing incredibly rapid growth, with a constantly increasing number of business applications leveraging AI technologies. However, a significant challenge in AI deployment is the issue of generative AI hallucinations—instances where AI models produce inaccurate or nonsensical results.
These hallucinations undermine the reliability and usability of AI in business contexts, forcing many businesses to wait until the applications prove their reliability.
To mitigate this, most of the currently existing business applications rely on Retrieval-Augmented Generation (RAG) engines, which use vector-based searches to provide relevant context and reduce hallucinations.
However, current text chunking approaches (the separation of large text corpora into smaller, self-contained knowledge items consumable by AI models) often fail to capture the nuances of the text and properly isolate the knowledge, leading to compromised data retrieval accuracy, especially in large databases. This degradation in RAG engine quality affects the overall performance and stability of AI models as well as the applications relying on them.
The Solution: SIMANTIKS
SIMANTIKS addresses these challenges by transforming raw text into structured, hierarchical data. Its algorithm breaks down the text into “atomic ideas,” ensuring each knowledge item is correctly isolated and contains no more than one clear idea, significantly enhancing RAG engine precision.
Additionally, SIMANTIKS builds a detailed hierarchical representation of the text corpus, allowing for flexibility in precision levels required by various applications. This unique approach positions SIMANTIKS as a potential leader in text pre-processing, which is crucial for developers building high-precision, nuance-aware, AI-powered business applications.
By providing a foundation ready to be consumed as an external dependency service through a well-documented API, SIMANTIKS saves precious bootstrapping time. This allows businesses to quickly build reliable and highly competitive tools without needing to employ additional and costly experts in AI and linguistics.
What is SIMANTIKS
SIMANTIKS is an AI-powered API that revolutionizes how developers handle raw text data necessary to build highly performing AI-powered business applications that require reliable results. It provides a solid foundation that allows generative AI models to retrieve the precise context they need, improving their stability and performance.
SIMANTIKS was founded in 2024 by Serge Liatko (Co-Founder/CTO of TechSpokes Inc. | Founder/CTO of LAWXER SAS), a software engineer with extensive experience in development, sales, and linguistics.
SIMANTIKS’ approach to data processing was initially designed in late 2022 (about 6 months of théoretical research, followed by 4 months of development and tests) to perform highly detailed raw text analysis for a content recommendation engine in the online publishing industry. This technology is currently implemented by Beat of Hawaii, serving over 3 billion data points monthly for its 500,000 visitors. Remarkably, the recommendation engine’s operation costs are under 150 USD/month for the high quality of results it provides.
This approach was later refined and optimized in the context of Serge’s French legal tech startup, LAWXER, which provides revolutionary AI-powered legal document review and analysis.
LAWXER has quickly garnered significant recognition in France, including:
- Laureate of the 10th Edition of BaskInvest 2024
- Prix de FrenchTech Pays Basque 2024
- Prix d’Innovation de Barreau de Paris 2024
- 2nd Prix de l’Innovation du Barreau de Lyon 2024
The startup has already raised over 60,000 euros in various innovation grants and is currently finalizing the beta testing phase, with plans to enter the European market in the last quarter of 2024.
Leveraging the SIMANTIKS API
Benefits for Businesses
Businesses can leverage the SIMANTIKS API to streamline their text-processing tasks, enabling the rapid development of highly competitive AI-powered applications for the real-world needs.
By using SIMANTIKS, businesses can focus on their primary workflow automation with the help of reliable AI tools, rather than spending valuable resources on complex text pre-processing tasks.
Key Benefits
Competitive Advantage
Quickly build high-precision, nuance-aware business tools, giving your applications a competitive edge in the market.
Cost Efficiency
Eliminates the need for hiring additional AI and linguistics experts, saving costs and resources.
Ease of Integration
The well-documented API allows for quick and seamless integration into existing workflows, reducing development time and effort.
Improved Precision
Enhanced RAG engine precision through single-idea text chunks ensures more accurate and reliable AI outputs.
Scalability
Supports applications of varying sizes, from small projects to large-scale enterprise solutions.
Market Opportunity
The Need for Solutions like SIMANTIKS
The AI industry is rapidly expanding, with an increasing number of applications being developed to meet real business needs. However, as AI models become more sophisticated, the demand for precise and reliable data processing tools has never been higher.
This is where SIMANTIKS stands out as an essential efficiency booster for the AI-powered application market.
Addressing the AI Industry Core Challenges
Generative AI Hallucinations
One of the significant issues in AI deployment is generative AI hallucinations, where models produce inaccurate or nonsensical results. SIMANTIKS mitigates this by ensuring that text is broken down into precise, single-idea chunks, enhancing the reliability of AI outputs.
Data Retrieval Accuracy
Current text chunking approaches often fail to isolate knowledge correctly, compromising data retrieval accuracy. SIMANTIKS’ hierarchical data structuring ensures that each piece of information is accurately processed and retrieved, crucial for maintaining AI model performance and stability.
Where SIMANTIKS API is Needed the Most
Data Mining
Crucial for digitalizing printed text data, extracting information from raw text, speech transcription parsing, classifying text documents, and extracting knowledge bases.
Communication Automation
Essential for customer support bots, sales bots, CRM tools, communication assistants, and writing assistants, enhancing automation and efficiency.
Text Data Analysis
Indispensable for complex text data analysis and processing, extracting and verifying facts, converting data formats, and conducting intricate workflow-based analysis.
Strategic Market Entry
While this opportunity is still open, the AI industry is rapidly evolving. Sooner rather than later, many other players will enter this area with solid solutions to cope with the current challenges of the industry.
Strategically, an immediate entry to the market would allow SIMANTIKS to capture a substantial portion of the underserved businesses and grow alongside the industry expansion. The term “immediate” should be understood as weeks, not months, as this market will not wait.
Current State of Development
The core features of SIMANTIKS have been developed and tested (we use it internally in most of our workflows), proving their efficiency in real-world applications. The business model, pricing, and marketing strategy are already designed but not yet implemented.
What remains is the development of user authentication and billing tools to enable SIMANTIKS to deploy the complete solution under the Software as a Service (SaaS) model. This development is expected to fall within a standard scope of work and does not require substantial investment or human resources.
Additionally, the legal entity set-up needs to be finalized to prepare SIMANTIKS for larger capital investments shortly.
Currently, all available development resources are committed to ensuring the success and maintaining the momentum of LAWXER, a project we started in early 2023 before clearly identifying the market opportunity for SIMANTIKS.
Given these conditions, we could retain SIMANTIKS as an internal service and publicly launch it at the beginning of 2025. However, the substantial growth potential for SIMANTIKS, should it enter the market within the next 5-8 weeks, prompts us to consider external capital investment. This would allow us to quickly finalize the remaining components and make the product available for public use, capitalizing on the immediate market opportunity.
Pricing Strategy
The pricing model chosen by SIMANTIKS is designed to drive user acquisition, ensure business sustainability, and minimize financial risk through prepayment, low operational costs, and ongoing revenue from API usage fees in subscription plans. This strategic approach positions SIMANTIKS to effectively capture market share, generate stable revenue, and maintain profitability, making it an attractive investment opportunity.
Analysis of SIMANTIKS Pricing Model
User Acquisition
Pay-As-You-Go
Low Entry Barrier
The pay-as-you-go plan at $20/1M tokens with a $5 signup bonus offers a low-risk entry point, encouraging users to try the service without significant upfront costs.
Quick Enrollment
Streamlined signup processes can attract a wide range of users, from hobbyists to early-stage developers, facilitating rapid user growth.
Flexible Usage
By allowing users to start with pre-trained models and transition to their own models as they scale, SIMANTIKS supports a smooth growth path for users, increasing retention rates.
Subscription Plans
Custom Instructions
From the Standard plan upwards, the ability to customize instructions for each operation enhances user experience, appealing to businesses needing tailored solutions, thereby increasing acquisition.
Tiered Pricing
Offering multiple subscription tiers (Basic, Standard, Business) caters to various user needs and budgets, attracting a diverse user base from small projects to large enterprises.
Usage Flexibility
The option to use personal models at reduced or no extra cost in higher tiers (Standard, Business) makes SIMANTIKS attractive to more advanced users and larger businesses, facilitating higher-tier plan adoption.
Business Sustainability
Revenue Stability
Prepaid Balances
By requiring users to prepay for tokens and subscription fees, SIMANTIKS ensures a steady cash flow, reducing financial risks associated with unpaid invoices and enhancing revenue predictability.
Subscription Revenue
Recurring subscription fees provide a stable and predictable revenue stream, contributing to long-term financial sustainability.
API Usage Fees
For Basic and Standard plans, API usage fees are deducted from the prepaid balance. This ensures that even extensive use of these popular plans continues to generate revenue outside the fixed monthly fees, covering potential increases in operational costs related to high volumes.
Operational Efficiency
Low Operational Costs
The technology’s low operational costs ensure high margins on service provision. This efficiency allows SIMANTIKS to offer competitive pricing while maintaining profitability.
Scalability
The SaaS model and efficient use of pre-trained models ensure the platform can scale with user growth without proportional increases in costs.
No Need for a Large Cash Reserve
Advanced Payments
Reduced Financial Risk
With users prepaying for their token usage and subscriptions, SIMANTIKS minimizes the risk of financial shortfalls. This prepayment model ensures that the company has the necessary funds before incurring costs related to user operations.
Improved Cash Flow
Prepaid balances enhance cash flow management, allowing SIMANTIKS to reinvest in growth opportunities, product development, and customer support without needing extensive cash reserves.
Operational Cost Management
Cost Efficiency
Given the low monthly operational costs demonstrated by current implementations, SIMANTIKS can maintain a lean financial structure, further reducing the need for large cash reserves.
Profit Margins
High margins due to low operational expenses allow for reinvestment in customer acquisition, marketing, and technology enhancements, promoting sustainable growth.
Funding Requirements
To launch SIMANTIKS as soon as possible, we require an investment of
$75,000
This funding will be allocated as follows:
- USD 26,000: Complete user authentication, billing, reporting, and CRM integrations
- USD 14,000: Develop the web platform interface, documentation, and SDKs
- USD 12,000: Finalize the legal entity set-up
- USD 8,000: Prepare business communication and legal kits
- USD 6,000: Create brand kit, set up social media, and develop initial marketing content
- USD 3,000: Conduct final testing of the SaaS implementation
- USD 3,000: Launch marketing campaigns
- USD 2,000: Reserve capital
- USD 1,000: Infrastructure and initial operations
This investment will enable us to finalize the necessary components and bring SIMANTIKS to market within the critical 5-8-week window, ensuring we capitalize on the immediate market opportunity and drive substantial growth.
Seize the Opportunity
Invest in the Future of AI with SIMANTIKS
This is your chance to enter the capital of a platform designed to provide essential infrastructure for AI-powered business applications at a very early stage.
By joining us now, you have the potential to maximize your investment returns as we position SIMANTIKS to become a leader in the rapidly growing AI industry.
We invite you to join us in revolutionizing AI-powered business applications with SIMANTIKS. As the AI industry continues to expand, the demand for precise and reliable data processing tools is growing rapidly. By investing in SIMANTIKS, you have the opportunity to be at the forefront of this transformative technology, helping to shape the future of AI applications.
To learn more about this exciting investment opportunity, including our detailed marketing plan, pricing structure, and other business details, please contact us using the form below. Our team is ready to provide you with all the information you need and answer any questions you may have.
Don’t miss out on the chance to be a part of SIMANTIKS’ journey to becoming a leader in AI-powered text processing solutions.