Multi award-winning Gen AI work suite used globally to automate business communications and processes.
Business overview
Location | Cardiff, United Kingdom |
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Social media | |
Website | logicdialog.ai |
Sectors | SaaS/PaaS Digital B2B |
Company number | 10899737 |
Incorporation date | 4 Aug 2017 |
Investment summary
Business highlights
- Named by Sifted as top European Generative AI firm
- £2.5m+ in contracted revenues *
- 95% average annual revenue growth *
- Founder with 1 x successful exit
Idea
Introduction
Logicdialog is a multi award-winning Generative AI Work Suite used by businesses worldwide to automate communications and processes.
Having already generated over £2.5 million in contracted revenues, we consistently achieve an impressive average annual revenue growth rate of 95% from 2019 to 2023. * With a Total Addressable Market (TAM) valued at £6.9 billion, Logicdialog stands out in the swiftly evolving GenAI landscape, securing a robust position.
Logicdialog aims to enhance productivity and boost profits through four straightforward steps, requiring no code whatsoever:
1. Clients upload their data (spreadsheets, PDFs etc) to Logicdialog.
2. Build workflow logic using Logicdialog's drag/drop interface.
3. Choose communication channels (email, phone, web, SMS, social).
4. Launch.
* Based on unaudited management accounts.
Businesses no longer need people to do repetitive, manual work, meaning they can focus on more fulfillig, value add work.
Logicdialog occupies a strong position; we bridge the gap between complex, heavyweight suites that need extensive infrastructure, and the lightweight, but limited solutions incapable of delivering beyond basic use cases.
Monetisation strategy
Logicdialog operates as a B2B SaaS platform.
Our monetisation strategy comprises three key elements: setup, licensing, and support.
Our average order value (AOV) amounts to £30,000 per annum, with an average contract length (ACL) of three years.
Setup: Divided across the license duration.
A one-time fee covers any integration requirements (Clients can opt to handle this independently, although many choose our professional services).
Licensing: Annual payment in advance.
This includes a cost per communication channel (chatbot, phone, email, social messaging, SMS), along with a message consumption cost.
Support: Annual payment in advance.
A monthly support fee caters to varying levels of support and maintenance, ranging from webchat assistance to dedicated Account Manager support.
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