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whoelse.ai’s deadline was July 11, 2021

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whoelse.ai

We build a marketplace for voice assistants
B2B Information Technology
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$45,137
Raised
118
Investors
Successfully funded and closed on July 11, 2021.
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Universal Namespace, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
whoelse.ai Crowd SAFE whoelse.ai Form C.pdf
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Hear from some of the 118 investors in whoelse.ai


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Highlights


$100K+ revenue
Company had over $100K in revenue in the past 12 months
Bootstrapped
High traction without any outside capital
  • A marketplace for voice assistants
  • Developed an ISO-compatible standard for NLP API interoperability
  • R&D in 35+ industry projects since 2018
  • Concept based on Chomsky's universal grammar theory
  • Next step: Release of enterprise products & developer APIs
  • TAM of $55B+
  • Projected revenue of $15M+ by 2023

Problem


Every voice AI interprets human language differently

The concept of voice AIs is promising—simply ask a question and receive an answer immediately! Unfortunately, the execution isn’t as easy as it sounds. Users don’t know which voice commands are available, and AIs aren’t actually that smart. 

There are two major AI bias problems. The first is input. Every user speaks slightly differently. For example, accents, slang, and vocabularies can all confuse an AI. The second issue is interpretation. Every AI is designed for a different use case, and there isn’t a universal AI for every need. We need a protocol to exchange information about voice commands that both humans and machines agree on. How do we connect AIs for 50+ input languages and 200+ use cases?

Solution


Teaching AIs to seek help from other AIs

whoelse.ai is a platform devoted to improving the performance and intelligence of AIs. We provide voice AIs with simplified grammar that allows them to exchange information in a standardized format. From there, voice assistants can look up other voice assistants if they cannot respond to a request themselves. Think of how browsers learned to look up websites—that’s exactly what we do for voice AI services. 

The idea of whoelse.ai can be compared to the original World Wide Web (WWW) proposal by CERN scientist Tim-Berners Lee. He suggested an address system to access distributed files that later became known as the Internet.

We adopted this idea to create the "Internet of Voice." Unlike closed source AI (e.g. Alexa, Siri), whoelse.ai creates an interconnected network of voice assistants.

Product


Our API helps AIs process voice commands in standardized formats

whoelse.ai works like a directory for voice AIs. Users always speak to the best voice AI available, because we provide voice AI ecosystems with a shared e-commerce architecture. From there, whoelse.ai enables voice assistants to forward user requests to the most appropriate AIs available.

whoelse.ai makes natural language processing (NLP) privacy-by-design: Instead of full-text and audio files of voice commands, only a simplified version of the intent is exchanged between voice AIs. 

The service directory currently includes the 200 most common intents in human language. The namespace API is available via an ISO-compatible API.

Traction


Completed DIN Standard and pilots with international industry partners

We've been working on our technology since our demo app launched in 2018, and have come miles since that first app. whoelse.ai has participated in accelerators and pilots at OEMs such as Next AI Toronto, Telekom Hubraum, and Creative Destruction Lab Oxford. In 2020, we published a DIN standard for NLP API interoperability. This makes it easier for industry clients to implement our API. Our company has garnered attention from the AI world, and we have been proud to present our work at e.g. O’Reilly AI and BOCOM.

As seen on:

Customers


With whoelse.ai, users will always speak to the best AI available

Our product was built with OEMs, telcos and smart cities in mind. We want to pivot from an outdated form of search to a newer, more efficient model. Our product makes it so that users always speak to the best AI available, with built-in privacy and infinite possibilities. 

Our initial focus is on voice AI industry projects. In the future, we believe language interoperability will include a growing number of domains, not limited to just voice.

Business model


Like AdWords, but for voice: we built an exchange for spoken intent

With whoelse.ai, we build and exchange intent. Everything users say can be a potential e-commerce order, and whoelse.ai provides OEMs with an incentive-based business model. With our financial ecosystem, we project revenue of $15M+ by 2023. 

Market


Voice is the future of search 

The AI market is booming. Within 5 years, over 50% of search requests will start as a voice command, and it is not hard to envision a future where every initial customer service contact is with a bot. whoelse.ai provides a new market solution in the voice AI e-commerce industry, which is projected to reach $55B+ in 2025.

Competition


Marketplace for voice assistants

whoelse.ai establishes a shared registry of voice AIs. As a marketplace for voice assistant-based products and services, we solve the same issues faced by voice AI integrators across industries. Voice AI integrations are currently slow, expensive, and risky. Companies and organizations relying on third-party voice AIs don't know which technology will be the industry leader a couple of years from now. We enable B2B users to combine voice AIs from different vendors in a more flexible way. This makes whoelse.ai complementary to existing voice AI solutions in the market. Our value proposition is our ability to work as a language interoperability provider.

Vision and strategy


Becoming the universal leader for AI queries

whoelse.ai has big plans for the future. Our initial focus is on building a network of connected voice AI technologies that support our protocol. The long-term vision is for our brand to potentially become a universal wake word available across different voice AI ecosystems as well for consumers.

We believe users do not want to remember unique wake words (e.g. Alexa, Siri) for different voice AI ecosystems.

Instead, it's much more appealing to communicate with all AIs in a language that is comprehensive enough to capture intent quickly. This makes "who else?" questions particularly well-suited to become a universal query available across all voice AIs.

Funding


Bootstrapped to date

whoelse.ai has been bootstrapped since inception. We're currently raising $750K–$1M to co-finance B2B sales and the development of an enterprise version of the namespace technology. With your investment, we will go live with both a B2C and B2B product launch.

Founders


Geeks with a passion for branding and AI usability

whoelse.ai was founded by Tobias Martens and Sven Krüger. 

Tobias has 8+ years of experience working in startups, consulting, and government organizations. In his last role, he managed digital transformation projects and corporate ventures for international industry clients with a focus on corporate education.

Sven was previously CMO of T-Systems at Deutsche Telekom and has 20+ years of telecommunication industry experience. He was also a co-founder of AI Guild, an international network of data scientists.

Our team is currently based in Berlin, Toronto, and Singapore. We work with a fantastic advisory board that includes Internet TLD entrepreneurs, gaming industry veterans, and deep tech M&A experts.

Deal terms


Valuation cap

$7,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

10%

If a trigger event for whoelse.ai occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that whoelse.ai is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
whoelse.ai needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Universal Namespace, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
whoelse.ai Crowd SAFE whoelse.ai Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in whoelse.ai.
Invest
$100
Receive
  • Republic participant recognition badge in the community chat
27 investors
Invest
$500
Receive
  • Republic participant recognition badge in the community chat
  • Recognition as an early investor in promotion materials (with your consent)
  • Limited (23 left of 50)

About whoelse.ai

Legal Name
Universal Namespace, Inc.
Founded
Nov 2020
Form
Germany Corporation
Employees
0
Website
whoelse.ai
Social Media
Headquarters
Google Map location of of whoelse.ai
20 Weserstr. 206 , Berlin, Berlin
Headquarters
20 Weserstr., 206, Berlin, Berlin, Germany 12047

whoelse.ai Team
Everyone helping build whoelse.ai, not limited to employees

Profile picture of Tobias Martens
Tobias Martens
Founder
2x founder. 8+ years strategy consulting for corporates, tech ventures (AdTech, Education) & public institutions.
Profile picture of Sven  Krueger
Sven Krueger
Co-Founder
Former CMO T-Systems (Deutsche Telekom). 20+ years telco industry experience. AI author & keynote speaker.
Profile picture of Can-Peter Meier
Can-Peter Meier
Sales APAC
Profile picture of Katrin Ohlmer
Katrin Ohlmer
Founder of dot.berlin (Advisor)
Profile picture of Julien Fredonie
Julien Fredonie
Deep Tech at Honda (Advisor)
Profile picture of Malte Behmann
Malte Behmann
Gaming Industry Lawyer (Advisor)
Profile picture of Riad Hartani
Riad Hartani
Technology M&A Expert (Advisor)
Profile picture of Charlotte Geyer
Charlotte Geyer
New Work Expert / ex Porsche (Advisor)
Profile picture of Andrea Rumler
Andrea Rumler
Professor for Marketing HTW Berlin (Advisor)
Profile picture of Dagmar Monett
Dagmar Monett
Professor for Computer Science HTW Berlin (Advisor)
Profile picture of Andreas Reisenauer
Andreas Reisenauer
Telco Industry Expert / ex Ericsson Edge (Advisor)
9 more team members
Tobias Martens
Founder
Can-Peter Meier
Sales APAC
Sven Krueger
Co-Founder
Katrin Ohlmer
Founder of dot.berlin (Advisor)
Julien Fredonie
Deep Tech at Honda (Advisor)
Malte Behmann
Gaming Industry Lawyer (Advisor)
Riad Hartani
Technology M&A Expert (Advisor)
Charlotte Geyer
New Work Expert / ex Porsche (Advisor)
Andrea Rumler
Professor for Marketing HTW Berlin (Advisor)
Dagmar Monett
Professor for Computer Science HTW Berlin (Advisor)
Andreas Reisenauer
Telco Industry Expert / ex Ericsson Edge (Advisor)

Press

Meet the Drapers | STROM Motors, Pawsh, and who else? wit...
YouTube YouTube
·
Mar 13, 2021

The Draper Family welcomes three companies to pitch their idea and reveals which company will make it to the semi-finals....

BOCOM 2020 I Domo Arigato Mr. Roboto: The good, bad & ugl...
YouTube YouTube
·
Oct 4, 2020

Sven Krueger gives an outlook about the future of voice AI. Learn about use cases and scenarios of interconnected NLP AIs.

Make Alexa and Siri speak with each other: Toward a unive...
Oreilly Oreilly
·
Jul 13, 2020

More than 50% of all interactions between humans and machines are expected to be speech-based by 2025. The challenge: Eve...

How Can Germany Improve Its AI Scene? - hubraum
hubraum hubraum
·
May 26, 2020

If Germany is so technologically advanced, why are German startups so underrepresented in the 100 best AI startups in the...

O'Reilly AI Europe I Make AIs talk to each other!
YouTube YouTube
·
Nov 16, 2019

Tobias Martens introduces the whoelse.ai project and why he believes in a universal language across voice AIs.

Nikola Danaylov on Universal Grammar, Language and AI
Singularity Weblog Singularity Weblog
·
Jan 26, 2019

This is a 2016 interview I did for Tobias Martens discussing a variety of topics including Universal Grammar, Language, A...

GCB FutureTalks #17 with Sven Krueger, Co-Founder & CCO o...
Gcb Gcb

Sven Krueger, Co-Founder and Chief Commercial Officer (CCO) of whoelse, shares his views on AI's future potential for bus...

Show all
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whoelse.ai

whoelse.ai successfully raised $45,137 from 118 investors on July 11, 2021
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CHEN, Takashi, Frank, Khuzema A, Khairat, and 113 others invested. 24 Reviews
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