
Botit
No-code automation platform for creating custom online bots.
Date | Investors | Amount | Round |
---|---|---|---|
* | $300k | Angel | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Bot-It, founded in 2019 by Maurice Bachelor, is a Los Angeles-based developer of an online automation platform that enables users without coding expertise to create custom bots for repetitive digital tasks. The idea originated when Bachelor recognized a market opportunity for a user-friendly, affordable automation tool after trying to help a non-tech-savvy friend with a recurring online task. A devastating car accident further motivated him to pursue this venture, reinforcing the value of time.
The company operates on a subscription-based model, offering various pricing tiers for its software-as-a-service (SaaS) platform. This platform allows clients to automate activities such as securing reservations, data scraping, and making online purchases, which saves time and improves productivity. Users can utilize pre-built bot templates or create custom bots to automate tasks like booking golf tee times, tennis courts, and dinner reservations. The service sends real-time notifications and results via email or text message.
In October 2023, Bot-It appeared on the TV show "Shark Tank," where founders Maurice Bachelor and Joel Griffith pitched their business. They secured a verbal agreement for a $300,000 investment for a 30% stake from investors Mark Cuban and Michael Rubin, although the deal did not finalize after the show. The company has received $300K in Angel funding and is generating revenue. Prior to Bot-It, Bachelor, who has a degree in Information Systems Technology and Computer Science, co-founded another tech platform, SnapBatch, and has over a decade of experience in software development.
Keywords: no-code automation, bot builder, robotic process automation, task automation, workflow automation, subscription software, data scraping, online reservations, Shark Tank, Maurice Bachelor, consumer bots, productivity tool, appointment booking, self-service automation, cloud-based bots, custom bots, SaaS, business process automation, lead generation, digital tasks