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The VentureFizz Podcast
VentureFizz
404 episodes
2 days ago
Episode 403 of The VentureFizz Podcast features Nick Ornitz and Shannon Kay, Co-Founders of Topline Pro. Make something people want is the motto behind Y Combinator. It sounds simple, yet so many founders miss this fundamental requirement. Topline Pro is a perfect case study in getting it right. They didn't fall victim to early false positives; instead, they listened, experimented, and successfully pivoted to solve a true, massive problem for an underserved market. Topline Pro is building AI that empowers local home service pros to grow and scale their businesses. They provide a critical platform to help with the marketing, sales, and operations of running a business in the trades, allowing these business owners to focus on their craft. The company recently announced a $27M Series B funding round led by Northzone, with new participation from Tactile Ventures, and Industry Ventures, alongside continued support from existing investors Forerunner Ventures, Bonfire Ventures, TMV, Flybridge, and BBG Ventures. In this interview, we dive into: * The inspirational backstory of Nick and Shannon and how they decided to build a company together after meeting at HBS. * Their initial concept called Dwelling, the "false positive" they experienced, and the strategic pivot. * Their time at Y Combinator and how early access to GPT opened their eyes to the potential of AI. * The value that Topline Pro is providing customers and the exciting opportunities ahead following their Series B. * Growth plans, hiring goals, and the culture they're building at Topline Pro. * Advice for non-AI native companies that are starting to build out their own AI strategy. * And so much more! Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.
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Episode 403 of The VentureFizz Podcast features Nick Ornitz and Shannon Kay, Co-Founders of Topline Pro. Make something people want is the motto behind Y Combinator. It sounds simple, yet so many founders miss this fundamental requirement. Topline Pro is a perfect case study in getting it right. They didn't fall victim to early false positives; instead, they listened, experimented, and successfully pivoted to solve a true, massive problem for an underserved market. Topline Pro is building AI that empowers local home service pros to grow and scale their businesses. They provide a critical platform to help with the marketing, sales, and operations of running a business in the trades, allowing these business owners to focus on their craft. The company recently announced a $27M Series B funding round led by Northzone, with new participation from Tactile Ventures, and Industry Ventures, alongside continued support from existing investors Forerunner Ventures, Bonfire Ventures, TMV, Flybridge, and BBG Ventures. In this interview, we dive into: * The inspirational backstory of Nick and Shannon and how they decided to build a company together after meeting at HBS. * Their initial concept called Dwelling, the "false positive" they experienced, and the strategic pivot. * Their time at Y Combinator and how early access to GPT opened their eyes to the potential of AI. * The value that Topline Pro is providing customers and the exciting opportunities ahead following their Series B. * Growth plans, hiring goals, and the culture they're building at Topline Pro. * Advice for non-AI native companies that are starting to build out their own AI strategy. * And so much more! Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.
Show more...
Technology
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Episode 401: Nicole Phillips-Bastian - CEO & Co-Founder, Qatch
The VentureFizz Podcast
54 minutes 32 seconds
2 weeks ago
Episode 401: Nicole Phillips-Bastian - CEO & Co-Founder, Qatch
Episode 401 of The VentureFizz Podcast features Nicole Phillips-Bastian of Qatch. This episode was recorded live at Startup Boston Week at Suffolk University which is the third year that I’ve hosted it onsite. Thank you to Stephanie Roulic for the invitation, as it’s a lot of fun and great to be involved in such a meaningful conference. And, since it was hosted live, this episode is audio only and my apologies for the background noise. Personalization isn’t a new term in the world of tech but as a consumer, it often fails. It could be a failure around the data, the actual tech powering the experience, or executional challenges. For Qatch (which stands for Quick Match), they have been able to overcome these challenges by establishing trust with consumers in one of the most coveted spots for obtaining first party data… no, it’s definitely not email, but through text messaging. Qatch is a personalized shopping platform that allows user preferences to dictate what products they see next. Their platform enables the company to capture user engagement to a degree other brands are not, which gives them incredibly valuable insight into what products a specific shopper would buy, so they can recommend it to them in real-time. It all falls under that trust factor which is so important, because if Qatch is not delivering value, it’s easy to block that text message and it is this level of trust that has been so key to their success. Two interesting points to note: 1. Nicole’s co-founder for Qatch is her sister Raquel. 2. They have built a very capital efficient company, as they have raised just under $2M in funding. In this interview, we cover: * The importance of founder-led sales. * Nicole’s background story and her journey into law as a retail attorney with a focus on fashion law and regulations. * All the details about Qatch and why they decided on text messaging as their primary method of communication. * How the platform works and their use of AI. * Sales and getting brands to join their platform, plus how they evolved their pricing strategy. * The competition and how they differ from companies like Stitch Fix. * Her experience raising capital as a female founder and why sales is the best form of funding. * And so much more.
The VentureFizz Podcast
Episode 403 of The VentureFizz Podcast features Nick Ornitz and Shannon Kay, Co-Founders of Topline Pro. Make something people want is the motto behind Y Combinator. It sounds simple, yet so many founders miss this fundamental requirement. Topline Pro is a perfect case study in getting it right. They didn't fall victim to early false positives; instead, they listened, experimented, and successfully pivoted to solve a true, massive problem for an underserved market. Topline Pro is building AI that empowers local home service pros to grow and scale their businesses. They provide a critical platform to help with the marketing, sales, and operations of running a business in the trades, allowing these business owners to focus on their craft. The company recently announced a $27M Series B funding round led by Northzone, with new participation from Tactile Ventures, and Industry Ventures, alongside continued support from existing investors Forerunner Ventures, Bonfire Ventures, TMV, Flybridge, and BBG Ventures. In this interview, we dive into: * The inspirational backstory of Nick and Shannon and how they decided to build a company together after meeting at HBS. * Their initial concept called Dwelling, the "false positive" they experienced, and the strategic pivot. * Their time at Y Combinator and how early access to GPT opened their eyes to the potential of AI. * The value that Topline Pro is providing customers and the exciting opportunities ahead following their Series B. * Growth plans, hiring goals, and the culture they're building at Topline Pro. * Advice for non-AI native companies that are starting to build out their own AI strategy. * And so much more! Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.