Case Study

Spherr: Finance Analytics Platform

Low-risk MVP at $0.95/month infrastructure cost

Amro A., a passionate entrepreneur, recognized a significant challenge faced by many founders: securing the right financial solutions to accelerate company growth without diluting equity. His vision was to create a platform that not only provided non-dilutive financial solutions but also delivered personalized capital estimates for founders and data-driven insights for investors. Spherr would act as a hub for financial data, pulling from diverse platforms and connectors to give investors a transparent, real-time understanding of the startups they’re interested in. Amro approached us to bring this vision to life.

Identifying the Problem

Investors face a common challenge: evaluating the potential of startups in a way that provides actionable insights and minimizes risk. Traditional methods often lack the real-time financial insights necessary to make informed investment decisions. Investors need a quick, reliable way to assess a startup's financial health and growth potential with confidence.

At the same time, founders struggle to secure the capital they need to grow without giving up equity. They need non-dilutive solutions and a better understanding of how their business stacks up to industry benchmarks to make stronger pitches to investors.

investor looking at data — Investor looking at data

Designing the Solution

Working closely with Amro, we set out to design and build Spherr, a platform that provides both founders and investors with tools to make informed financial decisions. Our design process was guided by two key user stories:

As a founder, I want to see a personalized estimate of how much capital I can raise, giving me clear insights into my funding prospects and helping me target the right investors.
As a founder, I want to compare my startup's performance to industry standards with easy-to-understand visuals, so I can improve and present a strong case to investors.
As an investor, I want to see a personalized estimate of how much capital a startup is likely to raise so that I can quickly assess its financial prospects and growth potential.
As an investor, I want to understand how a startup's financial performance compares to industry standards in an easy-to-understand visual format.

Personalized Capital Estimates

Founders receive a personalized estimate of the capital they are likely to raise immediately after registration. This feature not only empowers founders with actionable insights into their funding prospects but also provides investors with a clear understanding of the startup’s financial potential. The intelligent algorithms used ensure accuracy and relevance, giving both parties reliable data from day one.

Financial Performance Comparison

Spherr delivers a visual representation of each startup’s financial performance compared to industry standards. Founders can use this data to improve their operations and make better decisions, while investors can filter and compare data based on specific metrics that align with their goals. This tailored view allows for a deeper understanding of startup performance, reducing risk for investors.

Spherr Benchmarking — Spherr's Benchmarking Page

Low-Risk MVP Development

We developed a low-risk MVP with an infrastructure cost of just $0.95 per month. By focusing on core features like personalized capital estimates and financial performance comparison, we were able to deliver immediate value to investors and founders.

The team understood my vision for Spherr from the start, Their ability to build a low-cost, scalable MVP was impressive. Their work exceeded my expectations.

Amro A., Founder of Spherr

This approach not only minimized financial risk but also ensured scalability as Spherr grows. Leveraging cost-efficient cloud technologies and lean architecture, we kept infrastructure costs remarkably low without sacrificing performance.

Spherr Authentication Page — Spherr's Authentication Page

Conclusion

Through close collaboration with Amro, we successfully designed and built Spherr, a platform that empowers both founders and investors. Spherr revolutionizes the way financial data is accessed and understood, providing investors with real-time, actionable insights and offering founders non-dilutive financial solutions that support growth. With features like personalized capital estimates and financial performance comparisons, Spherr is poised to become an invaluable tool for both investors and founders in the finance world.

It's rare to find a team that handles every detail with such professionalism and trust. Their dedication and attention to the business truly stand out.