May 2023 - Initial Open Beta
We began with bootstrapping and prototyping. We researched Romanian business laws and brought together a team of legal experts. Using technology, we read digital IDs and integrated GPT-4 for rapid support. Our MVP, launched in April, gained traction with Innovation Labs, resulting in widespread media coverage.
Bootstrapping and Prototyping
In my spare time, I began laying the groundwork by:
- Working on an initial prototype.
- Conducting extensive market research.
- Delving into Romanian business registration laws.
Team Formation and Legal Consultations
Our team formation strategy was crucial. We:
- Recruited legal consultants to help comprehend the Romanian business registration landscape.
- Analyzed competitors to identify gaps and opportunities.
Technological Advancements
In our effort to streamline and save time, we implemented innovative solutions.
- Utilized technology to automatically read digital documents, particularly IDs.
- Integrated GPT-4 for AI-powered support to expedite customer service replies.
Journey with Innovation Labs
Our project garnered significant momentum through our association with Innovation Labs, a renowned Romanian pre-accelerator.
- Our Minimum Viable Product (MVP) was unveiled in late April.
- We successfully progressed past the local and regional stages.
- As we reached the national stage, we presented our project to a vast audience of over 200 people.
Media Exposure
Our efforts didn't go unnoticed. After our grand presentation during the finals of Innovation Labs:
- Prominent media outlets like MarketWatch, Digital Journal, Start-up.ro, Libertatea.ro and more spotlighted Incorpo.ro, amplifying our reach.
Platform Launch and Growth
Post-launch, our journey was characterized by:
- Initiating advertising campaigns.
- Promoting organic content to improve our online presence.
- Expanding our team with individuals passionate about addressing entrepreneurial challenges and crafting solutions.