AI is an interesting space to be in, especially with just a few major players in the marketplace. The secret for Fifth Dimension is to search out strong points of differentiation from the overall purpose AIs in the marketplace and a robust go-to-market story that sets them apart. Does Fifth Dimension have those things? Let’s discover!
Slides on this deck
In AI, you’d best have a robust differentiator, since you aren’t going to be competing on price.
Fifth Dimension AI used a decent 13-slide deck to boost its round. The deck is sort of as pitched, however the team did remove a few of the customer logos and customer quotes, because it prefers to maintain those near their vest. Listed below are the slides:
- Cover slide
- Problem slide part 1
- Problem slide part 2
- Solution slide
- Product slide
- Customer workflow slide
- Traction slide
- Moat slide
- Product vision slide
- Market size slide
- Adjoining markets slide
- Team slide
- Ask and use of funds slide
Three things to like
AI is a chaotic free-for-all immediately, especially relating to the fundraising cycles. Data from PitchBook shows that fundraising for AI startups is outpacing every other company vertical in the meanwhile. Still, you do should stand out in some way. Listed below are a few of the highlights from Fifth Dimension’s deck:
Bringing the issue to life
I really like that the corporate used quotes to assist in giving the issue some three-dimensionality:
[Slide 3] The issue impact slide tells an amazing story. Image Credits: Fifth Dimension AI
The very temporary snippets of stories are representative of admin and analytical work across dozens of professions. It’s precisely the sort of work computers are to be good at. That’s the market the corporate is wading into.
This is also an amazing example of using benefits-forward storytelling: You’re not selling an LLM or a virtual assistant. You’re selling an answer to some very specific problems, experienced by clearly defined goal audiences.
Consider the next slide a masterclass in “show, don’t tell”:
Decent differentiation
[Slide 5] So why couldn’t you simply use OpenAI? Image Credits: Fifth Dimension AI
OpenAI is a formidable competitor, as is IBM’s Watson, as are oodles of other platforms. The query becomes: How can a tiny startup with $3 million within the bank stand out? Well, small real estate corporations are unlikely to jot down their very own code to customize the big platforms. An off-the-shelf smaller tool, pretrained and customised to the use case, could have a fighting probability by selling a more targeted, area of interest product into verticals where it may well get some foothold. It’s a high-risk approach; the opposite platforms are rolling out feature sets at quite a clip, and their enormous economies of scale mean that they are frequently very low cost.
As an information point, a tool I built that’s now analyzed near 1,000 pitch decks, has used lower than $25 value of AI credits to do it, in total. When the competitors are almost unfathomably low cost, you’d best have a robust differentiator, since you aren’t going to be competing on price.
Adjoining-market sizing
Fifth Dimension does something very clever on slides 10 and 11: It shows that the primary promote it goes after is big, but it surely makes the argument that the adjoining markets that this unlocks are even larger. The corporate comes dangerously near flirting with being unfocused, but that note aside, this may be very well done:
[Slide 11] Assuming that the core tech is transferable, that is an amazing option to show the corporate’s growth ambitions. Image Credits: Fifth Dimension AI
Now, there are corporations constructing AI tools in each of those verticals. Findable is constructing an answer for proptech, Likely AI and HouseCanary are doing it for real estate, and the finance industry? Well, there’s no shortage of tools for that market, and as we’ll get to in only a moment, Fifth Dimension didn’t add a contest slide to its slide deck.
There are just a few red flags within the deck, which might give me quite a lot of pause as a possible investor. In the remaining of this teardown, we’ll take a take a look at three things Fifth Dimension AI could have improved or done in a different way, together with its full pitch deck!
