Kyolab B2B Mobile Compliance, Monitoring & Archival for IM such as Whatsapp and WeChat Country: UK | City: London | Employees: 2 Year Started: November 2015 | Sector: Banking & Accounting Product stage: Prototype | Website: kyolab.com Team Product Team Founders: What is it? Enable mobile monitoring for compliance purposes, Jan-Michael Gorecki, CEO regardless of device or type of communication channel Msc Mathematical Trading & Finance at Cass Business used, with a core focus on mobile chat. Allow clients to School, BSc International Business Finance at choose their preferred mobile communication, e.g. Maastricht University. Banker, Trader, Analyst, Project WhatsApp, WeChat or Skype, while remaining Manager, Sales, Generalist. compliant. Bespoke solutions, archival services, data Michael Zhan, CIO analytics, early-warning system. Helping clients avoid Computer Sciences at Indiana, US- Software Solutions non-compliance fines for clients. Architect, Developer, Troubleshooter Revenue model: B2B subscription per client/month, Employees, Advisors & Investors: setup fee, volume discounts, customizable. Add-on, tiered services. Possible non-exclusive, regional N/A licensing. Scalability: Previous funding: N/A Average monthly revenues: N/A Planned fundraising: 160,000 EUR Market What is the need or problem being satisfied? Social messaging apps are vastly popular, but at the same time may put an enterprise at risk. Sensitive business information can be leaked easily through a large number of proprietary, non-monitored and thus non-compliant mobile Instant Messaging apps. Competitive Advantage: Our focus on monitoring mobile chat apps, non-invasive device management, and given a lack of similar solutions, we will currently be the first ‘All-In-One’ mobile compliance solution to market. We aim to offer customizable monitoring for chat apps, messaging, email, and phone. We will need to legally protect the methodology, it is complex and not quick to replicate. We seek to diversify through data management, analysis, telemetry, prediction. Market Size: Regulated institutions (finance, telecom, corporates, government). Inelastic, growing demand for mobile compliance. Competition: GlobalRelay, Smarsh, Actiance, IPC, 3CX, other.
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