Transfer your data between online services with no effort
Business Model: B2C
Revenue: $0
Employees: 0-0
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We developed a platform that connects people and businesses in their needs regarding personal data. On one hand, it helps people to effortlessly and safely move data between online services. People want to try new services in many markets, like fintechs, streaming, health, etc. The pain to start using something new is real though! Let it be trying a new music service and having to copy playlists by hand or listening to useless music recommendations until the new system know what you like; or using a new expense tracker and having to import all your past expenses by hand from somewhere else. UDAPTOR help them avoid this problem by moving all their data from one service to another with just a few clicks. On another hand, UDAPTOR helps businesses to acquire customers with data that is needed to provide full-scale service from day-0. I.e.: we are tackling the so-called "Cold Start" Problem. For example, if a new Fitness app is being launched, right now the option it has is to collect data over time or put users though boring questionnaires until it can provide training that is best tailored to the person. The thing is, most likely this information about the new user already exists somewhere (in their phone health app, in their previous workout app, etc). So we give this information to the new Fitness app, and it can start right away to provide its best service ever, We do all of this while keeping in mind that private data is a sensitive topic, so we don’t store or analyze user’s data, we only help people to transfer data from one place to another, and all of this is free for people. Instead, we charge companies for each data transfer, as they are the ones that will make money out of this value we are adding. Meanwhile, for people, we look like another “Sign In with ..” button on our clients’ page, and for clients, we are just like a more powerful version of API&s;s which provides external data. In practice, we are representing users on their right to download their data (guaranteed by regulations including GDPR, PSD2, etc) from previous services to get all the relevant data in one-go and map it to a format that the new service can start using right away. Comparing to services’ APIs or signing in with 3rd parties, our approach can be instantaneous and gives complete data results.
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