Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation
Hi HN! We’re Bolu and Noah from AnswerGrid (https://answergrid.ai). We’re building an AI-powered web research tool in the form of a spreadsheet. The problem we’re starting with is helping founders who sell to businesses discover the most relevant leads worth the investment of manual outbound (that is, worth putting in the effort to write a personalized outreach message to see if they might be interested).
There’s a demo video here: https://www.loom.com/share/fe4e40fa000b4406910a9ce247079138?..., and you can try the actual product at https://app.answergrid.ai/try-it (no signup needed!)
One of the biggest problems B2B founders have, once they’ve built an initial product, is finding initial companies to sell to. There’s a chicken-and-egg problem here: most companies don’t want to buy from a startup until it’s much further along, but the startup won’t get that far unless they find some customers. Locating those first companies who need what you’re building badly enough that they’ll go with you at an early stage is time-consuming and painful - you’re searching a haystack for a few needles. This is the problem we’re building software to help solve.
We found that for effective lead qualification—that is, narrowing down the haystack of potential companies to a few highly relevant ones—you can’t just search on keywords or industry categories like "AI," "Hardware," or "Healthcare" on other lead generation indexes. Those methods are too blunt to find adopters for an early product that almost necessarily has a narrow initial appeal.
Instead, you’d need to evaluate companies using many loose heuristics. For example, one of our early customers qualifies leads with questions like, "Do they offer subscription or usage-based pricing?" Most existing lead generation tools have forced founders to choose between thoughtful qualification research and increasing the reach of their high-quality outbound.
We found a few existing tools to wrangle CSV exports with additional AI qualifications, but nothing seemed built to help first-time founders like ourselves find the first couple of hyper-relevant companies to sell to. Their feature sets and advertised use cases (like "AI-written personalized messages") seemed optimized for scaling the go-to-market of a mature product—a completely different situation. This led us to focus on making lead gen intuitive for other builders selling for the first time, looking to find their early users.
We’ve built a tool to help founders codify the research heuristics they use to qualify leads that justify a time-consuming investment in human-written outreach. (Side note: while we’re using AI to help qualify leads, we emphatically do not want to help scale AI spam. Our tool aims to help you discover potential users worth writing to manually.)
Here’s how it works: Starting from lead-gen sources like Crunchbase, Apollo, and LinkedIn as a data foundation, we find leads that match a simple high-level company profile: “Series A Biotech startups in the US.” You can then further qualify leads using AI-powered tools such as (1) “web scrape,” which, when given a target URL column, spawns concurrent jobs to scrape (text and screenshots) the target sites of all companies in the table and returns LLM evaluations based on a prompt; and (2) “web search,” which returns answers and citations to natural language questions using information from the web.
These tools afford a greater level of expressiveness than simple keyword searches. We aspire for the tool to match the thoroughness a founder would apply manually on any given l...
29 comments
[ 3.6 ms ] story [ 59.1 ms ] threadAre you still using your stack for outbound :) ?
Perhaps I didn't do something correctly, but I ended up with a list of companies. That saves me a little time, but I want to be able to then get to something role-based. Is this behind the upgrade or do I never see this information?
Related, I want role to be one of my primary filtering mechanisms. Find me all Chief Risk Officers in x,y,z industry for companies larger than 500 people, for example. Then let me review their backgrounds, get their contact info, and contact them.
I think this is how many sales people / founders operate to try and start to sell. What am I missing?
Here's a list of Chief Risk officers for "Companies in the insurance industry with more than 500 employees": https://app.answergrid.ai/try-it?starting-grid=af8339c3-4619...
You can interact with the contact cards, by clicking and visiting their linkedin (we didn't expose emails on the demo, but those are available aswell)
We've found that there's some variance in the shape of workloads users have (some doing lead gen, so pricing per lead makes sense; and others uploading CSVs of their own leads and only want to use our AI research tooling, in which case usage-based pricing might be more appropriate), so we like to chat briefly to get a sense (at least until we figure out clean pricing tiers.)
Can you please book 15 minutes here to chat: https://tinyurl.com/AnswerGrid-15
Here's a Grid with people: https://app.answergrid.ai/try-it?starting-grid=68b4b35d-1a4b...
However, we've had users find leads from other SMB-focused indexes and import them as CSVs into AnswerGrid for additional research.
One example is if you had a list of thousands of roofing companies (with websites) and wanted to flag which of them focused on commercial projects. You'd import this list and deploy our web scraping tool to visit their websites and look for any indication of this.
We are, however, planning to expand the coverage of our company index too
I was about to build something similar to help someone dear to me on their job hunt.
However, AnswerGrid looks very promising: https://app.answergrid.ai/try-it?starting-grid=9c5cf105-266e...
I'll add that you could add a column for (linkedin) job postings too :)
Here's the updated Grid: https://app.answergrid.ai/try-it?starting-grid=c4ad0d6c-2eca...
(Most of them didn't have postings though, so I put a filter on the column to limit to those that do)
Btw: In a job hunt situation I don't actually care about the company's HQ. All I care about is, do they have a facility/office in this country/city.
So we built this to be walk-up usable for people doing sales for the first time and want to focus on precise qualification and not just scale of outreach
Not hating or sarcasm - I also hated onboarding to clay and I consider myself to be not dumb. If that is the goal, and your GTM strategy, I think it’s a good one.
I also think clay is ridiculously expensive - you could win there too.
We then used these ICPs to create a personalized starting list of leads for them.
This did not work very well, as most ICPs ended up looking as generic as "SaaS companies with more than 10 employees."
This was one of the reasons we decided that using AIs to write copy or create anything that would make it into the outbound itself was not the best use of their strengths.
Instead, the tools should be deployed towards qualification :)
Also, does the scraping of the Linkedin profiles happen on my machine or your servers? If on mine, do I need a LI account? Do i need to be logged in?
Before that I tried LinkedIn Sales Navigator, but it won't let you export, you have to use other paid tools to scape from your (paid) linkedin account. Buying data from a broker was 0.07 EUR/record, I found that too expensive since I have to do a bunch of filtering after I get the data.
In my scenario, I don't need emails, just business names filtered by industry, location and ideally size. I was able to find a local online phone book which had the amount of employees for each company. Scraping this was a pain and slow but it enriched the chamber of commerce data a bit.
After filtering, I start checking out each company's website. I use a graphical SQL DB viewer to mark qualified companies. I then proceed to email and call the companies. Using a graphical DB tool I keep notes and track the funnel state of each company, as well as enriching the data manually as I go (contact info and names mostly).
For countries where chamber of commerce data is not available freely, one can buy leads, based on some filters such as industry. I suppose that is the "traditional" industry you are competing with.
A thing your tool might be great at is the filtering stage, in my case I used the officially registered industries/categories. Companies are classified in a very detailed manner in my country, which helps a lot, but still some granularity is missing.
Being able to use keywords, that are not just used as fulltext search, but passed through an AI, will be valuable. Without AI this would be very hard to do. Google has mastered this, if there are synonyms for a word, Google will still find all results regardless of the term used. Probably your tool will be able to do the same now, thanks to AI.
Good luck with the business. It is an established industry, but probably plenty of room for innovation and competition.
We sell CMMS (Maintenance Software) for physical assets, "Corrective Maintenance" and "Planned Preventive Maintenance"
Our main clients are usually restaurants (KFC, JAVAHouse etc).
I did try a few queries to discover similar places:
* Companies with more than 10 physical branches like restaurants or banks (We don't yet support this query)
Oh how much I hate this. Just let me browse at my own risk, ffs.