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BandAI - Fundraise with AI
By using a strategic and personalized approach, BandAI simplifies and accelerates the funding search process through artificial intelligence, allowing entrepreneurs to spend more time developing their business rather than managing administrative tasks. In this phase of the project, we have developed an application that uses Retrieval-Augmented Generation (RAG) technology to extract information about companies that have successfully raised funds. This application profiles potential matching companies to estimate a score indicating the probability of resemblance to a company that has already secured funding. To profile the company, the AI requests the following information from users: Describe the project and mission, as well as the industry. Provide the location and the market in which the company operates. Share details about the founders and the team. Following this input, the AI generates a project overview. Additionally, it offers suggestions on how to increase the chances of successful funding by comparing the user's data with that of companies with best fundraising practices, such as those in Y Combinator.
