The ability to make quick, informed decisions is essential. Enter Electe, a growing startup from Milan, Italy, that promises to transform the way small and medium-sized businesses (SMEs) leverage data with its innovative SaaS platform.
Founded in 2023 by Fabio Lauria, Electe aims to democratize the use of advanced business analytics for SMEs. The platform integrates AI technologies to deliver features such as document analytics, data visualization dashboards, and predictive analytics. What sets Electe apart is its focus on simplicity and efficiency, allowing businesses to generate actionable reports with just one click.
Company presentation
- Name: Elected
- Year of foundation: 2023
- Type of company: B2B software
- Head office location: Milan, Italy
- Founders: Fabio Lauria
- Right word: AI-Analytics co-pilot for SMEs
Progress and current status
Electe is currently in the prototype stage, with important features such as document analysis and data visualization already working. The team is actively refining the AI components and preparing for market launch. This phase is crucial as it lays the foundation for their envisioned role as a leader in AI-based solutions for businesses.
Inspiring story
Electe’s journey began with an obstacle: initial feedback indicated a disconnect between the target audience and the marketing strategy. This realization led to a pivot where the team engaged directly with potential customers to understand their needs. Over weeks of interviews and interactions, they gathered vital information that significantly refined their product, proving their resilience and adaptability.
Business model
Electe admires Palantir, admired for its pioneering work in applying AI to solve complex business challenges. Like Palantir, Electe aspires to combine cutting-edge technology and ethical practices, with an emphasis on sustainability and transparency in all its operations.
Future prospects
Over the next four years, Electe aims to consolidate its position at the forefront of the AI sector, focusing on the practical application of advanced technologies. Although the future is uncertain, the team is optimistic about its ability to become the go-to solution for SMBs looking to harness the power of data-driven decision-making.
Electe’s journey is one of innovation, learning and anticipation, poised to have a significant impact on the how businesses operate in the digital age.
