The most accurate Fintech tool for valuation of start-ups, based on artificial intelligence

Información del proyecto

FAIR VALUE

Identificador del acuerdo de subvención: 827583

DOI

10.3030/827583

Proyecto cerrado

Fecha de la firma de la CE 17 Julio 2018

Fecha de inicio 1 Agosto 2018

Fecha de finalización 31 Diciembre 2018

Financiado con arreglo a

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Coste total

€ 71 429,00

Aportación de la UE

€ 50 000,00

Coordinado por

FELLOW FUNDERS PFP SA
Spain

Periodic Reporting for period 1 - FAIR VALUE (The most accurate Fintech tool for valuation of start-ups, based on artificial intelligence)

Período documentado: 2018-08-01 hasta 2018-12-31

Resumen del contexto y de los objetivos generales del proyecto

FAIR VALUE is a 100% online Fintech tool to help entrepreneurs and investors in the impartial and accurate business valuation, as well as in determining risks and estimate the readiness of their new business project to access financing. FAIR VALUE uses proprietary algorithms for risk analysis and business valuation, which incorporate for the first-time artificial intelligence for the complex task to correctly value start-up businesses. In this sense, our algorithms are equipped with machine learning techniques for the automatic adjustment of our algorithms to different sectors, market conditions and risk evolution. Thanks to this, we can generate a reliable forecast of start-ups pricing at different points and under different critical pathways, based not just on financial forecasts, but on updated data of market sectors, countries and risk factors.

WHAT WERE THE PHASE 1 OBJECTIVES? The Phase 1 project was planned to perform an in-depth feasibility study, before accomplishing the last stage of technology development and market launch for FAIR VALUE. Essentially, this Phase 1 project was aimed to minimize risks (technical, commercial and financial risks) before undergoing the next stage of the project to enter the market.

Trabajo realizado desde el comienzo del proyecto hasta el final del período abarcado por el informe y los principales resultados hasta la fecha

Below we detail the work activities performed:
- Validation of the market potential of FAIR VALUE.
- In-depth market analysis.
- Definition of plan for IP protection.
- Testing the demo version.
- Definition of a plan for full technology readiness.
- Analysis of risks and definition of a mitigation plan.
- Estimation total funds needed.
- Elaboration of a 3-year business plan.

Avances que van más allá del estado de la técnica e impacto potencial esperado (incluida la repercusión socioeconómica y las implicaciones sociales más amplias del proyecto hasta la fecha)

It is estimated that 82% of start-ups that fail do so because of cash flow problems, while more than 27% were not able to receive funding. In this panorama, alternative finance providers become essential and the correct company valuation is critical for succeeding in the process of fund raising. However, start-ups are very difficult to value. Unlike valuing companies with revenues, assets and longer track records there is no agreed upon standards for start-ups. Thanks to FAIR VALUE, investors and startups will have a market standard tool for startup valuation which solves all the previously mentioned problems. In addition, FAIR VALUE will enable social benefits such as more job opportunities and the fostering of innovation in our communities.

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