The group at ClearBrain has a giant objective: “Our mission is to democratize AI for entrepreneurs.”
That’s how CEO Bilal Mahmood put it, although Mahmood (a former product supervisor at Optimizely) and his co-founder Eric Pollmann (a former engineer on Google’s advert group) aren’t making an attempt to do all that democratizing directly. As a substitute, they’re tackling a extra particular problem — serving to corporations goal advertisements towards the customers most probably to (say) join a subscription, purchase a product or cancel their account.
Mahmood stated that this type of concentrating on has been obtainable to bigger corporations, however was too costly for everybody else, no matter whether or not they needed to purchase or construct it internally. With ClearBrain, however, pricing begins at $499 per 30 days, and it’s benefiting from what Mahmood described as “this rising pattern by way of totally different API information layers” — specifically, the rise of instruments like Section, Optimizely and Heap.
“There was a chance to be this intelligence layer on prime of the info layers,” Mahmood stated.
So ClearBrain pulls information from the instruments that companies are already utilizing, then deploys synthetic intelligence to investigate and group customers primarily based on how probably they’re to carry out a selected motion. Prospects can then use that information to focus on their Fb advertisements, emails or different messaging.
“We’re form of just like the Switzerland of AI,” Mahmood stated, as a result of ClearBrain serves because the impartial coordinator between “the info layers and the motion layers” enterprise may use. As the corporate provides extra capabilities to the platform, he’s hoping it might probably turn out to be “the central nervous system for each advertising and marketing group.”
The startup is already working with InVision and theSkimm, amongst others. There won’t appear to be a lot connection between a design software-maker and a media firm centered on newsletters, however Mahmood stated the product has been notably helpful to companies with subscription merchandise, as a result of they’ve easy-to-follow buyer funnels.
ClearBrain is an element of the present class of startups at Y Combinator, and it’s additionally raised $1.2 million in funding from YC, Pear VC, Business Ventures and Dan Hua Capital, in addition to Optimizely founders Dan Siroker and Pete Koomen.
Featured Picture: ClearBrain