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.

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.

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.

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.

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.

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.

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.

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.