When was your company founded & where is it located?
Our company was established in 2021 in India. Over the course of two years, we dedicated ourselves to developing our proprietary lip-sync algorithm. In 2023, we proudly launched our initial commercial version of the tool, marking a significant milestone in our journey. Furthermore, recognizing the importance of nurturing innovation and entrepreneurship, we also expanded our presence by incorporating in Canada. We were fortunate to be incubated as a startup at the DMZ, a globally renowned tech incubator located in Toronto. This dual presence allows us to leverage diverse resources and ecosystems, fostering growth and innovation as we continue to push the boundaries of video creation technology.
What are past projects, failures, or successes you’ve had in your career?
As we look back on the journey that led us to create VidBoard.ai, it’s clear that our paths, though distinct, converged on a shared vision rooted in ambition, resilience, and a shared passion for innovation. Our story, rich with experiences, speaks volumes of how diverse backgrounds can collaborate to drive forward technological advancements, particularly in AI and educational technology (EdTech).
My co-founder, Tushar's fascination with technology started early. Diving into website creation and app development during his high school years gave him a foundational understanding of the challenges and triumphs in tech. It was this early exposure that sparked his interest in artificial intelligence (AI), driving him to pursue advanced studies and eventually, co-found several startups, including VidBoard.ai. Each project, successful or not, taught us valuable lessons in perseverance and adaptability—traits that have become the cornerstone of our venture into AI for video content creation.
On the other hand, my journey took a slightly different route. Coming from a legal background, I ventured into the world of educational technology with a desire to make a significant impact. Over a decade in the EdTech space has not only enriched me with profound knowledge but also revealed the pressing need for scalable solutions in video content creation. This realization was the spark that led to the conceptualization of VidBoard.ai.
Together, our experiences—Tushar's from navigating the intricacies of AI and technology, and mine from understanding the nuances of the EdTech market—provided a unique blend of skills and insights that became the foundation of vidBoard. Our venture is more than just a startup; it's a testament to our belief that leveraging our past lessons can inspire future innovations. vidBoard stands as a symbol of our united journey, underlining our commitment to use our complementary strengths to pioneer new solutions in the ever-evolving tech landscape.
What is your team size?
We are team of 16
6 Developers
3 Graphics / Motion Designers
4 UI UX Designers
1 Operations/Support
2 Founders
Are you funded or bootstrapped?
We are bootstrapped. We are already making a MRR of 8000 USD so we have a runway about two years.
What 3rd party tools is your product critically dependent on?
Chat Gpt 3.5 for one content module of our tool
D-ID for High Quality SDK avatar Module
Where is your customer data stored?
India
What is your current monthly recurring revenue (MRR)?
8000
How many customers do you have today?
2300
What’s the origin of the idea for your product?
When I was really diving into running my online legal education company [Enhelion], I hit some big roadblocks. One of the toughest parts was trying to get experts to record lectures. Even when I did find someone, they often felt shy or uncomfortable talking directly to the camera. Plus, let's face it, not everyone is a natural in front of a lens. The other major headache? Equipment. As a small startup, we just didn't have the fancy gear needed to make high-quality videos. And even if we did, recording lots of videos was a huge drain on time and money. That's when the light bulb went off. I figured there had to be a better way to tackle these challenges. Around that time, AI technology was starting to get some buzz, so I decided to explore that avenue. I shared my idea with my buddy Tushar, who happens to be a whiz in the AI world. I said to him, "Hey, wouldn't it be cool if we could make a picture of a person actually talk?" And you know what? He was all in from the get-go. And that's how vidBoard got its start. The date was 22nd of December 2020, which happens to be Tushar's Dad's birthday. :))
What problem is your product solving and how?
Our product addresses a trio of challenges: video creation is traditionally expensive, time-consuming, and complex. vidBoard steps in to revolutionize this process by simplifying, speeding up, and democratizing video content creation.
vidBoard isn't just another AI avatar video tool; it's a comprehensive video suite leveraging the cutting-edge power of generative AI. By harnessing this technology, we've made video creation not only more affordable but also scalable and user-friendly.
In essence, vidBoard isn't just about creating videos; it's about transforming the entire video creation landscape, making it accessible to everyone while maximizing efficiency through the remarkable capabilities of generative AI.
What’s the #1 thing you’re looking to gain from the AppSumo campaign?
Its a combination of word of mouth, revenue, genuine feedback and a deeper understanding into the various use cases that users might use vidboard for.
What are your plans with the customers, cash, and learnings from the AppSumo campaign?
Our goal, with the support gained from the AppSumo campaign, is to further enhance our tool into a comprehensive, end-to-end automated generative AI video creation platform. Our aim is to ensure that it remains user-friendly, enables rapid creation of videos at scale, and most importantly, remains affordable to our users.
In the realm of generative AI tools, costs can often be prohibitive. We're committed to breaking down these barriers by providing a solution that is accessible to all. With the funds garnered, we intend to invest in the development of features and functionalities that empower our users to effortlessly create professional-quality videos without breaking the bank.
Our overarching mission is to democratize video creation by making advanced technology accessible and affordable to everyone, empowering individuals and businesses alike to unleash their creativity and share their stories with the world.
Any details to clarify about the deal?
We're excited to offer AI credits for our High Quality Pro Avatars to enhance your video creation experience. AI generation is typically costly, which is why we're providing AI credits in minutes with each plan. These credits allow you to access our premium avatars without worrying about additional expenses.
Additionally, for our proprietary photo to video avatars, the limits are based on the number of videos you can create per month. This ensures clarity and transparency regarding usage and helps you make the most of our platform within your plan's parameters. If you want to purchase extra minutes for our pro avatars, please get in touch with us at admin@vidboard.ai
Feel free to explore the details of each plan to understand the allocation of AI credits and video creation limits. We're committed to providing you with a seamless and rewarding video creation journey.
