Feedloop Introduces AI-Based Innovation for Business Process Efficiency
Feedloop.AI claims to be a pioneer in developing applications with a low-code and no-code approach in Indonesia
SaaS provider for business digitization Feedloop.io announced the change of name to Feedloop.AI, following the presence of AI Co-Pilot to drive business process efficiency.
To DailySocial.id, CMO Feedloop.Ai Muhammad Ajie Santika revealed his efforts to strengthen his position as a major player in the field of AI including the series A fundraising process this year.
Rebranding and fundraising
Feedloop was founded by Ahmad Rizqi Meydiarso, Muhammad Ajie Santika, and Ronaldi Kurniawan Saphala in 2019, which focuses on providing Low-Code Platform solutions for businesses and companies through QORE products for digitization and application creation.
Feedloop.io decided to rebranding became the Feedloop.AI platform, which allows companies to create their own AI Co-Pilot to streamline business processes. Feedloop.AI, which is supported by OpenAI from Microsoft Azure, provides features for the company's internal needs, including as a source of knowledge, virtual personal assistants, to increase productivity automatically.
Feedloop.AI can be integrated with the company's database, either in PDF format, website, or other documents. That way, this can be used to share product knowledge company to internal employees and customers.
Not only that, Feedloop.AI can also be used as a personal assistant whose abilities can be trained and adapted to company needs. Feedloop.AI claims it can be used optimally and safely according to the data and instructions provided.
"Feedloop not only provides ready-to-use products, but also provides solutions that can be adapted according to developments and changes that occur in the client's business environment. This team will work closely with clients to deeply understand their business needs and challenges faced and develop solutions that are right to solve the problem," said Ajie.
In terms of flexibility, Feedloop.AI offers customization capabilities supported by the Solution & Delivery team to accommodate business owners who have unique and growing needs.
Furthermore, Feedloop.AI plans to raise new funding this year. "Currently, Feedloop is in the process of raising funds for the series A stage to strengthen our position as a major player in the AI industry," said Adjie.
Previously, Feedloop has earned initial funding from angel investors as initial capital to start operations. In 2021, Feedloop gets funding pre-series A from TMI, Aksara Ventures, and East Ventures. This funding allows Feedloop to further develop products and services, as well as expand its business reach.
Although already popular in the United States and Europe, developing solutions with little coding (low-code) and without coding (no-code) considered to be still in the introduction stage in Indonesia. According to Ajie, understanding and awareness of these benefits and potentials need to be improved.
"Lots of companies and software developers still rely on the traditional approach in application development, which requires in-depth programming expertise and considerable time to produce complex products," he said.
Feedloop.AI claims to be a pioneer in developing solutions with an approach low-code and no code in Indonesia. By adopting this capability, we can develop applications and software solutions more quickly and efficiently so as to reduce costs and development time, increase flexibility, and accelerate to market its products.
Specifically, Feedloop.AI focuses on helping digital transformation enterprise in Indonesia via low-code platform, customer experience platform, and AI platform. Currently, Feedloop.AI has handled 41 clients ranging from the banking and financial sector, FMCG, to SOEs. Going forward, Feedloop.AI will expand the use of its products to various business categories, not just segments enterprise.
"Users can subscribe to and use the Feedloop.AI platform by paying a subscription fee according to the package they choose. In addition, Feedloop.AI also provides additional services to meet the custom needs of clients. These services can include additional features tailored to their needs. individual business."