a note from us
- 🎬 setting the scene:
- you’re in college, it’s 2am, and you just completed a 10-page assignment
- you made it, but the last two pages make no sense
- at this point, there are a few options:
- ask for a deadline extension
- chug a Red Bull and pull an all-nighter
- turn it in and accept the low grade
- what if you had an editor that was with you along the way, making sure each sentence was clear and correct?
- this week’s company, Linguix, is here to serve every fatigued student, overworked professional, and weekly startup newsletter author 😉 with their daily tasks
in a sentence
Linguix is an AI-based writing assistant that gives instant feedback and suggestions, allowing writers to save time and learn from mistakes ✅
- AI-based writing assistant: gives real-time recommendations to enhance sentences and grammar
-
saves time: users can create shortcuts to automate everyday typing tasks
- no more copy & pasting sales emails
- learn from past mistakes: Linguix’s writing coach provides personalized learning to permanently improve written grammar
bulleted version: no need to rely on your friend or parent to review your emails; Linguix is putting the grammar police out of business 👮🏻
the basics
- industry: ai & machine learning, productivity tool, saas
- headquarters: Sunny Isles Beach, FL 🕶
- year founded: 2020
- company size: < 10 employees 🧳
- investors: Grishin Robotics, Antler New York, Flyer One Ventures, Nitrx Capital
- investment stage: pre-seed
- amount raised: $1.35m
due diligence
what we like
- freemium model: by providing a “try before you buy” experience, Linguix has potential to grow a large customer base and convert free users to paying customers (starting at $8/month)
-
🤝 workplace effectiveness: Linguix’s tools allow professionals to
- overcome communication barriers
- save time and improve performance of sales pitches
- increase marketing ROI
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📈 growing market: the AI writing assistant software market is currently valued at $1.2b and is expected to grow 28% by 2028
- with a diversified client base (professionals, non-native speakers, and high school students writing their Lord of the Flies paper), Linguix is positioned to outpace this growth
potential risks
-
biases in AI language models: AI models have a history of reflecting prejudices and racial biases
- how will Linguix rid biases in their text assistant?
- 💎 usage based limitations: the freemium model is great, but will its usage limitations be enough to convert premium users?
- over-diversification: can Linguix focus their attention on both a gamified educational experience and a saas productivity tool?
founder profiles
- Alex Lashkov (cmo; prev. creative director @ Smile Bright Media Inc)
- Vitaly Kukharenko (cto; prev. co-founder @ IQClub, BrainApps.io)
- Evgeny Godov (cpo; prev. founder/CEO @ Objects, venture scout @ Grishin Robotics)
comps
why Linguix: by elevating spelling and grammar, integrating into millions of websites, and serving a diverse customer base, Linguix is d̶e̶f̶i̶n̶a̶t̶l̶e̶y̶ definitely differentiated from the rest
