In an era where artificial intelligence is king, almost all tasks have succumbed to automation! Bot-It is an online tool that lets you build bots for daily reminders and bookings. Founders Joel Griffith and Maurice Bachelor pitched their software on Shark Tank and struck deals with Mark Cuban and Michael Rubin. Currently, Bot-It is worth an estimated $1 million.
Founder
Joel Griffith and Maurice Bachelor are proud black entrepreneurs leaving their mark on the tech industry. They have been working in industry for a while and it was obvious when they got into the tank.
Griffith has worked with tech giants such as Snapchat, TikTok, LinkedIn and Amazon. Bachelor founded Clear Anesthesia, a surgical care company, and serves as CEO of Bachelor Investment Group. In 2013, he founded a startup called SnapBatch, which he later sold.
As Morris was climbing the corporate ladder, he was involved in a car accident that nearly ended his career. While in the hospital, Morris worked with Joel to develop a program now known as Bot-It.
Build Bot-It
Bot-It's app was released in early 2019, and it comes with an extensive set of automation tools. Many are ready for online tasks such as booking golf courses, tennis courts and pickleball courts. There are also restaurant and camping reservation bots.
Additionally, customers can create their own bots to perform specific online tasks such as issuing reminders, adding payment details, entering passwords, processing screenshots and purchasing items. Depending on your subscription, you can create up to 10 bots.
Maurice handles the technical side, while Joel handles digital marketing. Together they made a great team and were accepted into Shark Tank because artificial intelligence is a booming industry. Two billionaires fight to make a deal and eventually join forces.
After Shark Tank
Prior to participating in the exhibition, Joel and Maurice became partners of Türkiye's leading shipping logistics company. By the end of 2023, they expect to have over 1,500 paying subscribers. With the exposure of Shark Tank, they should easily surpass this milestone.
The deals with Cuban and Rubin should be completed within the next six months. Even if the deal doesn't close, they won't have any problem raising money from other investors.
If you are interested in trying their services, visit BotIt.com. There, you'll see that they have four pricing plans: Standard ($9.99/month), Standard Plus ($25/month), Pro ($99.99/year), and Pro Plus ($275/year). The company also has special programs for businesses that want to use Bot-It.
The company claims to have helped customers save more than 35,000 minutes of time by automating more than 20,000 tasks. Currently, its most popular use is golf tee times.
Although Bot-It's revenue is only about $30,000, Joel and Maurice believe it has the potential to become a huge business. Unlike most companies on Shark Tank, Bot-It is able to scale faster but does operate in a highly competitive industry. Joel Griffith has been involved longer and currently works at LinkedIn as a senior key account executive.
Categories: Shark Tank
Source: svlsf.edu.vn