AI Launchpad is a 6-week global founder program for AI startups to help with product, go-to-market strategy, and finance & operations. The founders will get a chance to access mentors, live masterclasses, perks from partners and a Demo Day cash prize of $20k.
Hey PH fam 👋
Today, I'm excited to bring AI Launchpad to the wider Product Hunt community around the world! 🌎
At Paddle, we're witnessing AI make waves within our 4000+ software customers .. many of whom are growing rapidly by leveraging Gen AI.
However, the market is only getting started. Bloomberg predicts that Generative AI could be as big as a $1.3Trillion market by 2032.
So we wanted to bring the brightest founders building in the AI space together and offer a world-class community along with actionable content to help accelerate their journey. That's how AI Launchpad was born.
We hosted our inaugural cohort in 2023 that had 59 founders from 21 countries building, launching and scaling their AI startup in the 6 week cohort and community.
Many of our 1st cohort startups turned out to be incredible success stories. Like Virtual Staging AI that went from $20k to $200k MRR, SiteGPT growing to $200k in revenue and so on. 🤯
And now, we're bringing it back again in 2024. The 2nd cohort applications are open as we speak and will close on April 14 with limited spots only. So please APPLY ASAP if you're interested.
What's in store this time?
Expert mentorship & peer community: Participants will get access to Masterclasses taught by top experts, peer-to-peer founder workshops and resources.
Cash Prize: The program will culminate with a cash prize of $20,000 on the Demo Day. This financial boost can help catapult the development and market reach of the winning startup.
World-class partner perks: Participants will receive perks from Paddle's partners, including $350k in credit from Google Cloud, $20k in credit from AWS Activate, and free tickets to Founder community events by Code.talks and SaaStock. Fast-tracked entries into SaaStock's startup competition will also be reserved for select Launchpad finalists.
Our goal is to create a supportive and ambitious community to help 10x more founders [not just Paddle customers] to build, launch and scale their AI-powered businesses. That's the mission behind AI Launchpad!
Learn more on our website and we'd love to see you apply! Let us know if you have any questions below :)
This all sounds super exciting and almost too good to be true. I'm a founder of an early stage AI startup. At what point in the startup phase are you expecting applicants to be? Also, what's in it for you all? Good luck on the launch today!
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@carterparks anywhere from pre-launch to $20k MRR - but do drop an application in, and we would love to chat!
@carterparks oh and 'what's in it for us?' - we help software companies easily sell globally, managing currencies, payments, local sales tax etc. We serve loads of great AI startups, and want to serve more! But using Paddle is NOT a requirement of the program. If you choose to, once you are on the program, great. No pressure.
We were part of the cohort 1 of the AI Launchpad program. We joined with our AI SaaS SiteGPT.ai, and the experience was great.
Awesome to see the program happening again.
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@pbteja1998 was so good to have you on! pumped for the future of your businesses as they scale!
@thisiskp_ hey hey!! yes I found it but after reading the policy, sadly it doesn't seem my product is a fit. I'd love to run it by you for your thoughts and direction if you have a moment. but i'll keep on listening!
Taking part in the first Paddle Launchpad was incredible journey! Learned so much and met with super enthusiastic people, giving knowledge and sharing vision for the future of AI.
Good luck to the next attendees!
@ilko_kacharov The energy TeamGPT bought to our Launchpaddler community was immense! So so happy to see the momentum the team has been building since completing the program. Congratulations again for being finalists, excited to see what TeamGPT does next💛
This looks really thoughtfully put together! Love the idea of giving companies a boost at their earliest stages, especially with Paddle’s revenue optimization know how. Are you planning to have any AI founders/futurists who’ll be speaking on how the tech will likely evolve in the next few years?
@gavin_dove1 Thanks Gavin! stoked for this man
Yeah, we are actively selecting our guests as we speak. Def will keep an eye for an AI founder or two to talk about trends and future predictions.
@gavin_dove1 appreciate the great feedback! One of the learnings from the first Launchpad is that we need to do more to facilitate Founder-to-Founder time to share their experiences/challenges/success of building their AI, so absolutely are working towards incorporating your AI Founders/Futurists idea!
Great to see accelerator programs aimed specifically at AI startups. For all the talk about AI, it's mostly been focused around tooling, VCs, valuations (and the occasional memes, but who doesn't like that?). AI-specific accelerators and launchpads was definitely missing. Congratulations!
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