<aside> ⚙ Rapidworks incrementally digitalises complex industrial processes in a matter of days, adding value immediately and bringing transparency to business-critical workflows, one process workflow at a time.
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https://calendly.com/rapidworks/30min?month=2022-09
<aside> 📌 In manufacturing, only 10% of companies have fully digitalised their processes. The managers know they are working inefficiently but they feel like there is nothing they can do about it. Digital transformation historically has been a long and expensive process, making it difficult to justify and hard to see the benefit of. Rapidworks takes complex industrial processes, full of excel files and folders and incrementally brings them digital in a matter of days, adding value immediately and bringing transparency to business-critical workflows, one process workflow at a time.
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BASED IN
Tallinn, Estonia
FOUNDED YEAR
2022
TEAM SIZE
5
MAIN CONTACT INFO
FOUNDERS & TEAM
WEBSITE
BUSINESS TYPE
Platform as a Service, No-code software
BUSINESS CATEGORY
B2B
VERTICAL/INDUSTRY
Manufacturing
MRR
€0
ACTIVELY RAISING
Q1 2023
ROUND STAGE
Seed
ROUND SIZE
€750k
COMMITTED AMOUNT
€300k
BURN-RATE NOW
€30k
RUNWAY TODAY
3 months
RUNWAY AFTER THE ROUND
15 months
MRR/REVENUE
Two clients that have completed a trial period and are committed to use the software have postponed the start of their projects. One of them is planned to start by the end of Q1. In the meantime we have two more potential clients who have been provided a custom demonstration and are currently in the decision phase.
CUSTOMERS
Mercedes-Benz has paid for the trial period and has plans to start a project on Rapidworks before the end of Q1. There are also discussions in using the software in other departments in Mercedes, which would prove the upscaling possibility within a company.
https://www.youtube.com/embed/Ubl3ToNwHxM
https://docs.google.com/presentation/d/14LBtEEje31WufoX98Hgme9dAL6eupsFLQDmzYtzuGIo