Saudi-based startup Hatchio AI is using 32 artificial intelligence agents across nine departments to help entrepreneurs turn business ideas into startup projects.
The platform brings functions including financial planning, market research, website development and marketing into one service. It is designed for non-technical founders, established businesses and startup incubators, according to the company.
Founder and CEO John Mokaied said he created Hatchio AI after struggling to find the right tools and direction while building his first company in Saudi Arabia. The platform can generate items such as business plans, sales plans, strategies and pitch decks, he said.
Launched earlier this year, Hatchio AI has more than 250 active users. Mokaied said the startup focuses exclusively on startups, distinguishing it from more general AI tools by offering research, applications and other resources in one place.
Hatchio AI uses a credit-based model rather than a fixed subscription. New users receive 50 free credits and can purchase more as needed.
The company said it is working to address cybersecurity risks and follows Saudi regulations as well as the European Union’s General Data Protection Regulation to protect customer data.
Source: Arab News
