techSPARK’s renowned Silicon Gorge pitching competition is now well underway. After receiving over 70 applications, our wonderful judges have whittled down the cohort to 25 finalists.
Soon, just 12 of the best local early-stage startups will be pitching to a room full of investors. Each organisation will be looking from £100k – £2m in equity investment to supercharge their growth.
As apart of the programme, we’re catching up with Silicon Gorge finalists to learn more about their origins, the problem they’re solving and what they’d do with the money! First up is Morgan Edmondson, Co-founder at Nesti, who will be pitching online this Thursday.
This leg of the competition is taking place on 9 May – you can come along to support and spectate in person at Future Space where we’ll kick things off at 5pm. Check out the full list of finalists pitching across two days for a spot at the main event.
But without further ado, lets get to know Nesti.
1 – What does your company do?
Nesti is a sales enablement platform that lets marketing teams create personalised AI-video & landing page experiences for every individual prospect. With 2 minutes of footage of a talking head, Nesti creates a 99% realistic AI replica of your face and voice.
From this, you can simply write scripts to create endless videos targeted at your prospects. Nesti lets you host these videos on individual landing pages with personalised copy, branding, and call to actions. We let B2B companies deliver unique, 1:1 experiences for every prospect, skyrocketing conversion rates and moving prospects further down the funnel and closer to revenue.
2 – What problem are you trying to solve?
B2B lead generation tactics have become stale & marketers are under extreme pressure to deliver revenue to their company – they spend millions to acquire customers online, but most of this is wasted because B2B buyers don’t get a relevant buying experience and leave; this causes marketers to re-invest in broken cycles when lead conversion is their real bottleneck.
3 – What makes your solution unique?Â
Nesti is one of the first companies to be combining personalised AI-videos & landing pages in the sales enablement space. We make it easy to make your prospects feel special, with a personal touch, at scale. From our internal tests, we’ve been able to prove that Nesti campaigns can deliver upwards of an 80% uptick in meetings/demos booked, in comparison to a standalone website.
4 – What are you most proud of so far?
We are extremely proud of the traction that we have received in regard to our initial pilot. We are thrilled to be working with a range of exciting B2B SaaS companies ranging from Series A all the way through to public companies.
5 – How much are you raising and what do you want to use the investment for?
We are raising a £250,000 SEIS pre-seed round. This investment will enable us to reach our £1.2m ARR milestone in 18 months, as well as grow both the software engineering and business development arm of the company.
We have received an abundance of support from all kinds of people and organisations throughout our journey. Most notably, the team and resources that have been provided through Launch Space have been invaluable in helping us progress Nesti to the next stage. Besides this, we have received significant support from our early angel investors, partners, and clients that we piloting Nesti in May.
7 – Where can we find out more about you?
If you are a business in the B2B space and would like to learn more about how Nesti can help you win more deals, visit our website here.
If you’re interested in learning more about our investment round, email us at: morgan@nesti.io or book a call using this link.
