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 downside on the subject of optimizing their conversion funnel: typically, a small group of funnels is predicted to carry out nicely throughout massive cohorts of customers. By definition, each can have common outcomes. Avi obtained impressed to resolve this downside with the BurnerPage SaaS platform that leverages generative AI with the purpose of driving conversion charges as near 100% as potential.
At LDV Capital, we spend money on individuals constructing companies powered by visual technologies. We thrive on collaborating with deep tech groups leveraging pc imaginative and prescient, machine studying, and synthetic intelligence to investigate visible knowledge. We’re the one enterprise capital agency with this thesis since 2012.
We strongly imagine that generative AI as a utility will empower SaaS businesses. Large leap forwards in textual content and picture era have enabled Avi and the group at BurnerPage to appreciate their imaginative and prescient of autonomous and steady internet web page conversion optimization and clear up this downside for 1000’s of technical groups all over the world.
For the previous few years, Evan Nisselson, Common Associate at LDV Capital has had common calls with Avi to brainstorm how functions associated to Avi’s deep tech experience will revolutionize the world as we all know it in the present day and create vital worth. The concept of constructing an AI-powered platform that solves the issue each advertising & product group faces day by day resonated with Avi essentially the most. Then Avi began BurnerPage to resolve his downside and to assist clear up the identical downside that thousands and thousands of individuals have.
BurnerPage AI platform creates 1000’s of variants by advantage of the dynamic combos on the fly and that’s why this platform makes use of the “multi-armed bandit” method to testing.
It’s onerous to achieve the statistical significance by way of viewers for each single variant that you’d need in a easy A/B check. As an alternative, their algorithms search for patterns of efficiency in sure variant combos, and begin operating much more experiments with these patterns.