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IQID Update: March 28, 2024
IQID
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IQID Update: March 28, 2024



Marie Bigham for IQID. ...Transforming data, transforming admissions.

🎙️ Announcements

Accelerated Equity Insights is now IQID Technology, Inc! Check us out at IQID.io. And soon, IQID Technology will relocate to Birmingham, AL, where we look forward to making connections in the thriving startup community.

💰 Investment

We are thrilled to share that Alabama Futures Fund has invested $600,000 in our pre-seed round as our lead investor! TechStars and an angel investor also invested in our pre-seed round, raising our total to $800,000. Help us reach our goal of raising $1.2M by end of 2024. Contact Jack Fowler ([email protected]) to learn more about investing.

📢 Team Updates

Welcome Eric Adams to IQID's team as our Senior Engineer! He was a key developer on our MVP, and brings a wealth of technical experience to our team.

📢 Shout Outs
🖥 Product

Our MVP is ready to test drive! Our software is used by colleges & universities to complement their CRMs and other communication tools to develop sound and equitable communications with prospective students. Contact Allison Bahme ([email protected]) to learn more.

🏆 Achievements

Austin College in Sherman, TX has joined the IQID pilot group! Austin College joins our Proof of Concept partners, Queens University of Charlotte and Texas Christian University, in helping us develop and test our product.

🙏 Asks

We need your help finding:

  • Pilot customers -- we're seeking 10 pilot customers to use our software for free for six month. Please contact Marie Bigham ([email protected]) if you have contacts at college admission offices.
  • Investors -- our goal is to raise another $400,000 in 2024. Please contact Jack Fowler ([email protected]) if you know of pre-seed investors who are currently writing checks.
  • Data scientist -- we'd love to talk with data experts about our reporting feature and future features. Please contact Allison Bahme ([email protected]) if you can connect us with data scientists.
🥅 Goals for 2024
  • 10 pilot colleges by May 1
  • 23 paid clients by end of the year
  • Close remaining pre-seed round of $1.2m
  • Refine the product MVP based on customer feedback and performance
  • Develop and launch AI tools to improve team communication, such as pop-up email templates for faster response
  • Presence at high profile events like the Slate Summit and the NACAC annual conference