Milestone
Feb 2024
Traction with existing customers: Closed 2 pilots with mid-sized companies
RP
Mar 13, 2024
3 mid-sized customers didn’t buy V1 but are now negotiating purchase for Productbot’s version 2. Given the current trajectory and improved product direction, many of our V1 customers saw the latest development as a major improvement on the existing product and one that elicited a great productivity use case during user research. We re-engaged with 60 high-value targets out of 1200 companies who signed up last year and are now in varying stages of working them through our sales pipeline and into paying customers for V2. Given the current capability, our V2 now justifies a higher price point and is differentiated from other AI chat competitors.