Beulr from Shark Tank

Nowadays, numerous conferences are taking place on Zoom daily, as the platform makes it easy to gather everyone on a single screen for a seamless online conversation.

However, managing the Zoom calls, taking notes, and listening to the other person, can be a hectic process. This is where Beulr comes in.

Beulr is a unique app that ends boring manual note-takingĀ and transcribes your Zoom meetings easily and efficiently.

What Do They Do?

Invite Beulr to your meetings so it can record your Zoom meeting and take notes. The app uses smart AI technology to transcribe everything being spoken in a Zoom meeting. The app summarizes your notes and instantly provides you with finished and specific notes at the end of your Zoom call.

The app also allows the user to share the meeting notes and the recorded call with other members using share options on the Beulr app.

What Makes Them Unique?

While recording any Zoom meeting with Beulr, the app generates transcripts and proper meeting notes after the end of the call. Aside from the recording, the app allows you to manage your content and browse through new and existing meeting recordings.

Are They Still an Active Company?

Beulr has been featured in Forbes, Yahoo Finance, and Fast Company. The company is still active and running.

How Did the Shark Tank Pitch Go?

Peter Solimine is a software engineer from York, Maine, and he came to the show seeking $150,000 for 20% equity in his company, Beulr.

Beulr is essentially the first product of its type and allows the users to be in two places simultaneously. He explained that Beulr was an excellent app for those who didn’t want to be 100% available in every Zoom call or meeting, and to resolve the conflicting obligations, he created Beulr.

Beulr was an online application that “attends online meetings for you.” Peter explained how they had already made life easier for thousands of people around the globe to avoid tedious meetings that they didn’t want to be a part of in the first place.

Peter demonstrated how the Beulr application worked. The user had to create an account and then schedule a bot, after which a meeting nickname, ID, and password had to be generated.

After pasting the meeting link and entering the date at which the meeting is scheduled, Beulr will arrive on time for you. It stays for as long as you design the bot, and from there, it is easy to pretend that the user is active and present in the meeting.

The user must upload a video of them paying attention to the camera and then just let Beulr do its job. After the meeting is complete, the user isn’t required to leave the computer open for further processing or leave the session manually. All of its functions are done automatically through cloud-based technology.

The Sharks were amused by Peter’s pitch and the product design, but Robert asked what happens if his virtual persona was attending a meeting through Beulr, and then the other person asked him a question? Peter said the product was still an MVP, the “minimum viable product.” It was a functioning MVP with thousands of users, but a question will not be addressed if someone asks it during the meeting since it is a static video.

Kevin said that if he were using Beulr, he would have to commit an hour or two just sipping tea and making a video so that he could play it on the application. Peter said that the app loops a short video too.

Peter was an intern at Goldman Sachs in Tulane and was on track to graduate Summa Laude. The pandemic, however, switched the lectures to online classes, and Peter was tired of waking up for his 8 am classes.

Peter was planning not to say anything throughout the online class and thought if only there were something he could send in place of him and then listen to the recorded lectures later.

Robert asked how many people were using Beulr app, and Peter replied that 92,000 people were using his app the last time he checked. He had only spent $300 on marketing.

Peter thought sales should not be his immediate goal, but the company’s growth was more important. He believed that Beulr was an “internet-scalable, venture-backable, moonshot idea,” but Mark asked what skillsets Peter had that would take the company further. Peter hadn’t taken any investments from outside sources too.

Lori thought the product had integrity issues and could get people in trouble as much as it was helping them. She went out.

Kevin agreed that attendance was a legal requirement in many areas he dealt with, which is why he thought this product wasn’t useful in those situations. He went out.

Daymond thought that communication was the only thing separating humans from animals and didn’t feel comfortable introducing the idea of opting out of communication. He went out.

Robert said that there was no business concept in the idea of Beulr. He thought it was a bad idea since Peter cannot run this business or generate revenue. He went out.

Mark thought the application was great, but the cost it would take to introduce more AI features would not lead to a profitable path. Peter must know his AI basics better than anybody else to win in this space.

Mark was the last Shark to go out.

Our Review of Beulr

Beulr is an excellent application but has limited operations as it cannot be used in interactive meetings or important discussions where active participation is required.

Pros of Beulr

  • Easy to use
  • The AI bot transcribes your Zoom meetings with ease.

Cons of Beulr

  • A person needs to record static videos for different meetings repeatedly
  • This app doesn’t deal with simple conversation prompts required in a regular Zoom meeting.

Who Is Beulr For?

Beulr is an excellent application for those who have to attend several meetings or lectures daily and want to manage their time and increase productivity.

Are There Any Alternatives?

  • ai Inc.

Our Final Thoughts:

Even though Peter didn’t strike a deal with any of the Sharks, he is still running his company, and thousands of people are using Beulr to attend Zoom meetings virtually.

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