Small American companies are the cornerstone of the economy. However, business owners often face challenges when they quit. OffDeal, a startup that is hatched by Y Combinator, is using AI technology to solve this problem. OffDeal realizes the automation of small enterprise mergers and acquisitions services through the AI agent, and provides services that can only be enjoyed by small enterprises that can only be enjoyed by small enterprises, thereby promoting economic development and technological innovation. The company's unique model not only helps small companies find suitable buyers, but also provide buyers with more acquisition opportunities. This is a win -win situation. This article will deeply explore how Officeal uses AI technology to subvert the traditional M & A model and its potential impact on the US economy.
In the US economy, small companies play an indispensable role, hire nearly half of their labor, and contribute 44%of GDP. However, when the owners of these economic pillars consider exiting, they often face limited choices. OffDeal, a start -ups cultivated by Y Combinator in 20124, are working to solve this problem through innovative AI technology.
OffDeal was founded by former investment banker Ori Eldarov and former Meta engineer Alston Lin, which aims to provide millions of small enterprises with traditional M & A services for large enterprises. The AI agent developed by the company can identify potential acquisition targets, match the appropriate institutional buyer, and generate sales materials to achieve automation of investment banking work.
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Although the core of technology depends on artificial intelligence, OffDeal adheres to the people -oriented service concept. Eldarov emphasized in an interview with TechCrunch that the most important transactions in our lives involve people. Customers interact directly with human consultants, while AI improves work efficiency behind the scenes.
OffDeal's service two -way empowerment: not only help small companies find buyers, but also help buyers to discover acquisition opportunities. The company establishes a database containing 2 million American small companies, using AI agents to accurately match. At present, Officeal has signed a contract with 9 institutions, and more than 250 buyers are waiting for the list.
To cope with the illusion of AI, Officeal adopted AI to assist human decision -making strategies. Chief Technology Officer Lin said that with the continuous improvement of the underlying model (such as OPENAI's GPT-4), this problem is gradually relieving.
OffDeal has recently completed a $ 4.7 million seed wheel financing, led by the venture capital company Radical Ventures, which focuses on AI. The company plans to use this fund to expand the consultant team and increase marketing investment. OffDeal's service fee is equivalent to traditional investment banks, 5%to 10%of the transaction value.
By applying AI technology to the field of mergers and acquisitions, Officeal is opening a new exit way for small enterprises, and it is expected to set up a bridge between promoting economic vitality and technological innovation.
OffDeal's innovation model provides new exit options for small enterprises, and also provides new examples for AI's application in the financial field. With the continuous development and improvement of technology, Officeal is expected to provide services to more small companies in the future to further promote the prosperity of the US economy.