When was your company founded & where is it located?
Founded in 2021 and located in Nigeria
What are past projects, failures, or successes you’ve had in your career?
Our past project was in 2019 called VideoBox a software for creating videos designed to produce engagement-driven social content using a cutting-edge Artificial Intelligence that uses proprietary text-to-video technology to transform text content like blog posts into vibrant and engaging videos.
But we could not get it to completion because it required high funding than we imagined, hence we kept pushing down to 2020 after covid-19 lockdown we found the need to create an asynchronous form of communication that involves the exchange of short videos between Colleagues, clients, customers and families and that is how the idea of building Konvey was birthed.
In January 2021, we started the documentation for Konvey, made the UI designs and finally started Konvey development mid 2021 and we finished our development in March 2022 and started our beta testing.
After getting beta testers reactions, comments and feedbacks which resulted to lots of improvement on user-friendliness and features, we decided we test the market through ads.
Then we ran couple of ads intermittently from February to March 2023 and generated over $24,000 in gross profit and over $15,000 in net profit with 260 plus customers. Then we wanted more promotions to reach more customers (users) to promote a viral visibility and usage of our product.
Then we reached out to a friend for AppSumo partnership deal to help us bring our software to maximum use through Sumo-lings and having being a part of that community since 2018, we were convinced how AppSumo could help us realize our dream.
Thank you!
Jerry Nweke
Founder, Konvey
What is your team size?
We're a team of 5 people
1. Jerry Nweke - Founder
2. Joseph Ogugua - Cofounder and Support Specialist
3. Emmanuel Maduka - Developer
4. Evegeniy Perekhod - Graphics and UI/UX designer
5. Olukayode Omojola - Video Designer
Are you funded or bootstrapped?
My partner and I have over $10,000 in joint account for running and maintenance of Konvey and we're also entrepreneur and capable of putting funds together to pursue a business goal or target.
What 3rd party tools is your product critically dependent on?
WebRTC
Where is your customer data stored?
Seattle, Washington, United State of America.
What is your current monthly recurring revenue (MRR)?
$5000
How many customers do you have today?
Over 300 customers
What’s the origin of the idea for your product?
Konvey originated from the need to provide an asynchronous form of communication that involves the exchange of short videos between Colleagues, clients, customers and families to help solve communication lapses.
Our passion lies in empowering individuals and businesses to express themselves effectively. Konvey gives everyone the tools to communicate in a way that reflects their personality and intention, whether it's a heartfelt message, an exciting announcement, or a creative idea. So we're passionate about seeing our users connect more deeply and meaningfully.
What problem is your product solving and how?
Konvey solves the problem of ineffective and impersonal communication in today's busy world. It solves several challenges like:
1. Lack of Authenticity: Text-based communication often lacks the emotional depth and authenticity of face-to-face interactions. Konvey enables users to convey genuine emotions, tone, and expressions, fostering more meaningful connections.
2. Engagement and Attention: Lengthy emails and written messages can lose recipients' attention. Konvey's video messages captivate and engage recipients, ensuring your message is heard and understood.
3. Time-Consuming Meetings: Traditional meetings can be time-consuming and sometimes unnecessary. Konvey allows for concise video updates, personalized trainings, and collaboration, reducing the need for lengthy in-person or virtual meetings.
4. Impersonal Customer Support: Automated responses and text-based customer support can feel impersonal. Konvey transforms customer support by enabling businesses to provide personalized video responses, enhancing customer satisfaction.
5. Limited Expressiveness: Written words may not fully express complex ideas, sentiments or diffuclt to explain problems. Konvey's visual and auditory elements provide a comprehensive mode of expression, making it ideal for conveying nuanced information like walkthrough videos, customers tranining videos or demo videos.
6. Remote Work Challenges: Remote teams often struggle with effective communication. Konvey bridges the gap by enabling face-to-face communication through video message, maintaining a sense of connection and collaboration asynchronously.
7. Employee Training and Onboarding: Traditional text-based training materials can be dry and less engaging. Konvey enhances training and onboarding by allowing recording a personalized video lessons, making learning more effective.
8. Personal Connections: In a world saturated with digital communication, building personal connections can be difficult. Konvey's personal video messages help users reconnect with loved ones, colleagues, and clients on a more intimate level.
9. One-Size-Fits-All Content: Generic content can fail to resonate with diverse audiences. Konvey enables tailored video messages that cater to specific individuals or groups, ensuring that your message is relevant and impactful.
In essence, Konvey Video Messaging revolutionizes communication by infusing it with the power of video, addressing the limitations of text-based communication, and fostering genuine connections across personal and professional spheres.
What’s the #1 thing you’re looking to gain from the AppSumo campaign?
The major thing we will gain from AppSumo campaign is viral visibility and product usage which will help enlarge our customer base and yet bring more funding to our company.
What are your plans with the customers, cash, and learnings from the AppSumo campaign?
Customer retention through good user experience and friendly customer support that will enable them stick with our product. And of course bring to them more update on features that also help us build community of users across the world.
Any details to clarify about the deal?
Konvey supports all countries and no extra limitation outside the deal package worthy of explanation.
Anything else you'd like to add?
It's been a blessing getting to this point in our business promotion and partnership. We're really excited to be here and be part of the wonderful Sumo-lings community. We hope to achieve more and provide stellar business service and support that will make us a widely loved and accepted video messaging platform in the world just like Vimeo, Loom etc.