Company profile
Power Web5 ai company profile
Power Web 5 ai • Post initial revenue, founded in 2018, built 1st Web5 platform & DB, now seeking seed round to expand in LA/Seattle. • Original inventor of Web5 (decentralized edge PWAs). Invented tech leading to $13B IPOs & used in 50+ of VR & games. Ex Microsoft. • On cover of tech magazines since high school for building disruptive no/low-code platforms together. • Featured #1 most-promising no/low-code platform in tech magazines and now upcoming cover story • 90,000 signups, sales, interested companies/teams/individuals (organic + use of own AI automation tools) • Ex Fortune 5000 acting CIO & finance leader who successfully transformed for the future (from basic Excel reporting to no/low-code platforms, data science, predictive analytics, rolling forecasting, cloud automation, rebuilt FP&A & finance & transformed its role in the company). • Board including VC partner, Workday/Salesforce division CTO, even possibility of NumPy founder (with interest shown). • Now poised to transform the $119B (by 2023) Hyper-Automation market & lead the fastest growing (26% CAGR) $18B No-Code AI niche, building on the unique perspective and same kind of disruptive innovations that enabled us to transform the games industry and disruptive capabilities as 1st & only Web5 DB & platform. • Developed Power Web5 ai Platform – including 1st & only Web5 DB and no-code/low-code apps platform – for AI generating apps, DBs, & embedding anywhere (even in spreadsheets, docs, sites, any app). Like Figma meet, Airtable (+ ChatGPT + 1st Web5 DB + embed in Excel/GSheet/Teams) – but for finance & analysts – to AI generate next-gen no/low-code data apps (+ formulas, dashboards, bots, TB+ graph DBs) Auto-creating next-gen universal embeddable Web5 apps, DBs, extensions & templates, which you can • share (unlimited users like & Excel) • sell (as smart template subscriptions, auto-merged always conflict-free) • and ChatGPT your data, spreadsheets & formulas (privately) Targeting the 82M Excel 365 users trying to collaborate across Microsoft Teams who are interested in using AI. 615x fastest cloud DB, scaling to TBs of data, millions times faster & more scalable than any, but with same "own your own data" decentralized benefits of blockchains. We built what remains the only Web5 DB and no/low-code platform • 615x fastest cloud DB/platform • 99.7% less bandwidth, cost & energy usage (sustainability) vs cloud • 43M scalability of Ethereum (GBs vs KBs of data) • We built the 1st & only platform at the intersection of the future of apps, data, creators & computing (vs all other platforms force a choice between them) when by 2026: • 93% of apps (+86%) will be Mobile2 (or Mobile3/Web5 decentralized edge) Progressive Web/Mobile Apps (PWAs) from cloud/native/Web3 • 97% of business owners believe ChatGPT will benefit their business • 80% of app creators will be non-technical "citizen developers" (though 96% consider too hard with existing platforms) with 70% of apps no/low-code • 80% (+700%) of data & analysis will move to Graph DBs (from SQL or NoSQL) and 75% from cloud to (IoT or Web5) edge computing • 50% (+400%) of finance/other (eXtended) Planning & Analysis plan to adopt no/low-code platforms • Yet 80% of finance planning & analysis remains in Excel (with its 1.5 billion users) still today – always going back to it or workflow centered around it – due to lack of suitable alternatives • Unsharable, unfamiliar, unscalable, unaffordable ○ Expensive & restrictive per-viewer licensing (+setup, install, licensing, training) ○ Can't sync with, embed in, or auto-migrate existing Excel (+ formulas, macros, queries, workflows, 5,000+ add-ins/connectors) ○ All-or-nothing migration requiring IT coders to recreate all workbooks & formulas, workflows, connectors ○ Limited to 1MB or 4,000 rows (vs 1 million in Excel, or ~25K in Google Sheets) ○ Limit to 2D tabular data (vs multi-dimensional, pivot, versions & folders) (let alone time series, JSON, hierarchical, graph data) ○ Office workers spend 38% of their time using Excel Our primary niche includes the 300,000 financial analysts in US • who waste 75% of their time in repetitive work & causing easily avoidable errors in 90% of spreadsheets • costing their businesses $8B/yr in time & innovation • costing from $10K to $24M per simple copy-paste errors (as 12% of office workers have seen) • Our platform (which embeds into Excel, Microsoft Team & Google Sheets, providing AI + no-code app generation + conflict-free sync collaboration + 615x faster performance). • As the only Web5+ platform or DB of any kind, it's the only no-code platform, AI tool or DB capable of embedding into any spreadsheet, doc, site or other app as smart content (vs just manual import of data, not even formula results), not to mention": • No add-in install or user licenses required (just as shareable and cost-effective as Excel) • Syncing (always conflict-free, even for offline or simultaneous edits, and with formulas & 4K add-ins/connectors) • AI generation, queries, & merging/cleaning/combining data (while preserving data privacy) • Integrating with ChatGPT, Bing Chat, Copilot, and own Power GPT (for "own your own data" privacy & low-cost decentralization edge computing). • This makes as the only platform able to effective target the: • 82M professionals who are actively embracing AI (72% of SMB workers) while using Excel (every 16 min on avg.) while collaborating on Microsoft Teams. • Especially the 300,000 financial analysts in US, 400,000 Excel 365 subscribers paying $36B/yr for latest Excel features, 11 million SBs using Excel 365 and 170M Google Sheets users. • Of a total addressable market of 2 billion spreadsheet and 300M active Microsoft Teams users.
Business identity
- Contact email
- [email protected]
- Phone number
- 206-792-9969
- Operating status
- Active
- Company type
- For Profit
- Employee range
- 1-10 employees
- Revenue range
- $0+
- Founded
- 2018-01-01, Month
Headquarters
- Headquarters
- Seattle, Washington, United States
- Postal code
- 98178
- Country code
- US
- Continent
- North America