PocketConfidant
The first confidant available 24/7, facilitating conversations to develop awareness.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | N/A | Seed | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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PocketConfidant, established in 2015, operates as a virtual coaching assistant, leveraging artificial intelligence to facilitate personal and professional development. The company was co-founded by Olivier Malafronte, who serves as CEO, Nikita Lukianets (CTO), and Olmira Belankova, a team with diverse backgrounds in psychology, coaching, applied physics, and neuroscience research. Malafronte's entrepreneurial drive led him to the European Innovation Academy in 2015, where the concept for an AI-powered virtual coach began to materialize.
The core of the business is an AI-driven conversational platform designed to help users organize their thoughts and gain new perspectives on their challenges. It utilizes machine learning and natural language processing to engage users in real-time, confidential conversations accessible 24/7 via a mobile application. This interaction is designed to foster self-awareness, critical thinking, and emotional skills, empowering users to navigate change and develop confidence. The technology serves as a tool for individuals and organizations undergoing transitions, aiming to enhance reflection and learning.
The company targets a broad market, including busy professionals, entrepreneurs, and organizations. Its business model appears to be B2B-focused, creating value with large clients who use the proprietary technology and expertise to gain a market advantage. This approach allows PocketConfidant to shape its user experience and gather meaningful data. While specific subscription or licensing details are not fully disclosed, revenue generation is tied to providing these AI coaching solutions to client organizations. The company has secured funding, including an undisclosed seed round on December 6, 2018, led by The Refiners, with P.Factory and Untapped Ventures also listed as institutional investors.
Keywords: AI coaching, virtual assistant, self-coaching, natural language processing, machine learning, personal development, professional development, employee support, conversational AI, corporate wellness, digital coaching, leadership development, human resources technology, skills development, emotional intelligence, behavioral change, enterprise software, B2B SaaS, mental wellbeing