All through Avi’s earlier roles at his startups, in addition to his work at fast-growing tech firms Shapeways and Shutterstock, he realized that firms of all sizes have the same drawback with regards to optimizing their conversion funnel: typically, a small group of funnels is anticipated to carry out effectively throughout massive cohorts of customers. By definition, each may have common outcomes. Avi received impressed to unravel this drawback with the BurnerPage SaaS platform that leverages generative AI with the objective of driving conversion charges as near 100% as potential.
At LDV Capital, we put money into individuals constructing companies powered by visible applied sciences. We thrive on collaborating with deep tech groups leveraging pc imaginative and prescient, machine studying, and synthetic intelligence to investigate visible information. We’re the one enterprise capital agency with this thesis since 2012.
We strongly consider that generative AI as a utility will empower SaaS companies. Large leap forwards in textual content and picture era have enabled Avi and the workforce at BurnerPage to comprehend their imaginative and prescient of autonomous and steady internet web page conversion optimization and resolve this drawback for 1000’s of technical groups around the globe.
For the previous few years, Evan Nisselson, Common Associate at LDV Capital has had common calls with Avi to brainstorm how purposes associated to Avi’s deep tech experience will revolutionize the world as we all know it as we speak and create vital worth. The concept of constructing an AI-powered platform that solves the issue each advertising & product workforce faces day by day resonated with Avi essentially the most. Then Avi began BurnerPage to unravel his drawback and to assist resolve the identical drawback that hundreds of thousands of individuals have.
BurnerPage AI platform creates 1000’s of variants by advantage of the dynamic mixtures on the fly and that’s why this platform makes use of the “multi-armed bandit” strategy to testing.
It’s laborious to succeed in the statistical significance when it comes to viewers for each single variant that you’d need in a easy A/B check. As a substitute, their algorithms search for patterns of efficiency in sure variant mixtures, and begin working much more experiments with these patterns.