Versive Analysis: $2M Raised
What is Versive?
Versive is an AI research platform for running interviews, surveys, usability tests, and concept tests. It supports studies with real users, AI personas, or both, and includes synthesis and reporting tools. The company says it is SOC 2 Type II certified, GDPR compliant, and does not train models on customer data.
Location
999 3rd Avenue, Suite 2100, San Francisco, California 98104, United States
Employees
1-10
Founded
2022
Revenue
$5-25M
Product Features & Capabilities
- AI-moderated studies, flexible surveys, AI-moderated interviews, usability tests, translation for interviews, participant recruiting, AI-assisted analysis, shareable reports, deep qualitative insights, source digging, upload interviews, AI chat for instant answers.
Pricing
- Subscription Period: Monthly or Annual
- Non-Renewal Notice Period: At least 30 days before the end of the current subscription period
- Use Limitations: Varies based on subscription plan (maximum numbers of users, studies, and responses)
- Cloud Service Fees: Pricing varies based on the product tier selected and customer usage per subscription period
- Payment Period: 1 day from the date of invoice
- Invoice Period: Monthly
How much Versive raised
1 - $1.5M
Nov 13, 2012Lead Investor: Madrona Venture Group
Who are the founders of Versive
DC
EL
Eric Li
Co-Founder
HQ Full Address
999 3rd Avenue, Suite 2100, San Francisco, California 98104, United States
Competitors Overview
Versive's main competitors in the AI-assisted research platform market include:
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Arcade: Focuses on product storytelling and engagement, providing tools for lead generation and analytics. Its emphasis on interactive demos positions it strongly in marketing and sales sectors.
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Speak Ai: Specializes in transcription, research, data analysis, and natural language processing. It is particularly useful for teams needing detailed documentation and analysis of spoken content.
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User Interviews: Concentrates on user research recruiting and panel management, facilitating participant recruitment for UX research, which allows it to effectively serve the user experience research sector.
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Ideapoke: Offers AI-powered business research tools aimed at technology and innovation, helping companies gain insights into market trends and competitive landscapes.
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Olvy: Provides AI-powered user feedback analysis tools, enabling product teams to understand user sentiments and improve product features based on feedback, thus enhancing product development processes.
These competitors highlight a range of approaches to user research and product management, each with unique tools and services catering to specific market needs.
Business Model
Multi-faceted revenue model includes subscription fees, professional services, and custom solutions.
Investors
- Goldman Sachs
- Madrona Venture Group
- Bank of America
- Formation 8
- Bloomberg Beta
- Vulcan Capital
- New York Life
- Mike McSherry (Angel Investor)
Market Focus
Versive primarily focuses on the market of user research and insights, utilizing artificial intelligence to enhance the process of gathering customer feedback and making informed decisions.
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