Technology Category
- Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
- Buildings
- Cement
Use Cases
- Building Automation & Control
- Time Sensitive Networking
Services
- System Integration
- Testing & Certification
About The Customer
Ataeum is designed for part-time entrepreneurs who are looking for a platform to find co-founders and run startups in an automated and low-cost way. The platform is ideal for entrepreneurs who want to minimize uncertainty and conflicts, facilitate fair ownership based on the amount of work done, and manage a joint venture in a lightweight and automated way. The platform is also suitable for entrepreneurs who want to eliminate the need to worry about things like incorporation, bylaws, stock options, state qualifications, and bank accounts until they make revenues or decide to incorporate.
The Challenge
Ataeum, an innovative platform for entrepreneurs, was faced with the challenge of creating an all-in-one solution that would allow entrepreneurs to connect with co-founders, run startups in an automated, low-cost, and paperwork-free manner. The team wanted to create a platform that would minimize uncertainty and conflicts among co-founders, facilitate fair ownership based on the amount of work done, and manage a joint venture to enable entrepreneurs to run their startups in a lightweight and automated way. The challenge was to create a platform that would eliminate the need for entrepreneurs to worry about things like incorporation, bylaws, stock options, state qualifications, and bank accounts until they make revenues or decide to incorporate.
The Solution
The Ataeum team chose Bubble, a no-code platform, to build their app. Bubble offered all the features needed to build a powerful web-app at a lower cost. The Ataeum app is a sophisticated platform where users can start their startup, form a joint venture, shape their business idea, onboard their co-founders, and share equity. The app has smart-vesting built in where units vest based on startup participants' work done. Users can also start discussions, up-vote them, comment on others' discussions, send each other messages using the in-built messaging system, set level of privacy for both their own profiles and that of the startups, and sign confidentiality agreements with other users on-platform to discuss their startup.
Operational Impact
Quantitative Benefit
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