Short description
Helping early-stage startups design fundable business models with advanced analytics powered by data.
Description
Make data-driven decisions to improve return on investment.
roiquant (róy-kwänt) helps early-stage startups design fundable business models with advanced analytics powered by purposeful data.
In other words, roiquant’s end-to-end analytics and business intelligence solution (decision support system) offers actionable insights from ideation to competitive analysis to business modeling to prototyping to market validation to risk analysis to data-driven fundraising to generating high ROI.
In the US, over 700,000 companies shut down every year. In 2020 alone, 1.07 million business establishments opened for the first time, but within the same year 1.02 million establishments permanently shut down, and about 13.1% of the business establishments were startups. (U.S. Small Business Administration, 2023).
Evidently, with over 85% of companies around the world not surviving up to 10 years, the business shutdown rate is staggeringly high.
Moreover, although a lot of money is pouring into the venture capital markets worldwide but underrepresented founders (women and people of colour) still lack the access to such capital.
This is why roiquant's data-centric product offering is purposefully designed and powered by business failures data, company performance data, capital markets data, historical data, commercial strategies, risk factors, investors database, business tools, simulators, and more to help founders build valuable and successful businesses.
As of 25 Feb 2022, we'd rebranded as roiquant and was formerly known as Flipidea (flee-pee-dia).
Total funding
$$121212
Sign in for full access
Location
Dover, Delaware, United States, North America
Founded on
September 13, 2017
Non-profit?
No
Acquired?
No
Employees count
11-50
Founders
DTC Lai, Paul Lee