Tiered Authenticated Portal Dev & Design for VC Firm
- Custom Software Development UX/UI Design
- $50,000 to $199,999
- Dec. 2018 - Ongoing
- Quality
- 5.0
- Schedule
- 5.0
- Cost
- 5.0
- Willing to Refer
- 5.0
"Crowdbotics is very pragmatic, offers cost-effective services, and their business model is unique."
- Financial services
- San Francisco, California
- 1-10 Employees
- Phone Interview
- Verified
Crowdbotics builds a tiered authenticated portal for a venture capital firm. It enables third-parties to assist the client with various requests. Tech stack includes Django, PostgreSQL, and more.
The portal Crowdbotics have developed allowed the client to make key decisions. Transparent and trustworthy, the team has been able to consistently meet its targets. In addition, their openness to feedback and their ability to do excellent code work secures the ongoing collaboration.
A Clutch analyst personally interviewed this client over the phone. Below is an edited transcript.
BACKGROUND
Introduce your business and what you do there.
I am a partner at Bee Partners, a San Francisco-based early-stage preseeding venture capital firm.
OPPORTUNITY / CHALLENGE
What challenge were you trying to address with Crowdbotics?
I’m a multisite founder — I’ve started around eight different companies involving pretty sophisticated development and design work. I’m very familiar with outsourced web internal team and outsourced development, so the partners’ team is rather small and there are only four of us on the core team. However, we have over 40 active companies in the portfolio, approximately $100 million dollars.
As a result, we’re stretched very thin as a core team. The thesis of our initial engagement and ongoing work with Crowdbotics was to extend the core key team as dramatically as we could functionally with all the complexity of the data that we manage over time, through data and software.
SOLUTION
What was the scope of their involvement?
We’ve been working with Crowdbotics for a couple of years now. The work that I have been doing as the partner that’s leading the charge on this is to design tools that to date we’ve been using internally for the core team to enhance our visibility into the functionality of the core companies and a broad list of what we can bench resources such as third-party service providers, individuals, angel investors, and more. Those around 600 entities out there are firms we need to track over time — it’s very complex.
As a result, we decided to do an internal portal and we’re working on it for a few years now. The effort now has shifted just in the past few months to a very aggressive that Crowdbotics has been actively working on opening up our portal to third parties, both limited partnerships (LPs), investors in our various funds, the founders across our portfolio companies themselves, as well as our extended bench network. The tiered authenticated portal that we’re building enables authenticated third-parties that we’ve reviewed to come into our portal and self-select to assist us with various requests or needs across these portfolio companies.
Basically, it’s automating that work that I’ve been doing as a portfolio operations partner for years. It’s very unusual for a firm to do this, to allow our broad range of external providers to have that kind of ability. The team is using Django as the framework and PostgreSQL as a database. We’re also going to use React Native for the frontend, and we’re currently sitting on Heroku servers just for ease of use right now — it’s extremely robust. We’ve been on a 1–2 week sprint cycle with Crowdbotics.
AdobeXD is our primary tool for design specification work and that involves getting all interested parties to looking at prototypes and approving prototypes. We release to them rather specific details on how it should be implemented, but this is unfortunately what they don’t get. They often just get one sheet of paper, for example, I want to build a mobile app and sell my jewelry. If that’s the spec you’re going to give the company, it’s going to fail. As a result, we have a new territory to navigate where we really have to educate people on the outcome that is going to be predicated.
The portal has launched already and we’ve been using it internally for many months now, but the first instantiation of the portal was launched from the very first sprint they did just after two weeks when we first engaged with them. The next evolution of the portal we’re building has hundreds of endpoints right now across resources and portfolio companies and requests — it’s a pretty complex product. In effect, we are going to have other venture capitalists (VCs) indicate a desire to look under the hood and see if it’s something they could use, so it’s a proprietary competitive advantage.
What is the team composition?
We work with everybody, from Anand (Founder & CEO) who I talked to on a bi-weekly basis all the way down to the line. They had managers and producers. We also had run through on a number of lead developers. We’re currently working with Jeffrey (Senior Unity Developer & Game Developer).
How did you come to work with Crowdbotics?
Anand is actually a second-time founder in our portfolio. He was a co-founder of a company called Lead Genius, which we invested in quite a while back. As a result, we placed a pretty high priority on returning founders. We’re lucky enough to have multiple second-time founders return back to us as a funding source - that’s how we met. When Anand came to us with a new business plan for a new service, we leaned in hard. The bottom line is we trust him and know him.
How much have you invested with them?
We’ve spent probably in the range of $30,000–$80,000.
What is the status of this engagement?
The ongoing work began around December 2018, and they’ve been actively sprinting, doing design work, and executing other tasks.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
The portal has been absolutely key to how we make decisions and respond to our portfolio company. We use it constantly throughout the day and as we pivot now in the first quarter of 2021 in opening up the resource to our trusted third parties, that’s going to be another big step for us. Overall, the work they do for us is mission-critical work.
In addition, Jeffrey (Senior Unity Developer & Game Developer ) is one of the best I’ve worked with. I’ve worked with hundreds of developers over the years, but even though he’s a third-party leader, the work that he’s been doing for the past six months is frankly extraordinary. The value we’re getting for the amount of money we’re paying is remarkable — I’ve not been able to replicate that across any of the third-party services we receive.
We have pretty clearly defined objectives and what we would consider results that would instantiate us in meeting those objectives. Our portal has dashboard elements that monitor literally the use of the portal itself and the effectiveness of the portal — that’s always been key. Crowdbotics has always met its targets. The work that you’re going to get from Crowdbotics is very much dependent on the specificity of the design you’re after and how stable you are as a customer with regard to design changes, and you’re not just going to flowing around with the wind with every delivery — it’s a tough problem, but Crowdbotics does a really good job of controlling this.
How did Crowdbotics perform from a project management standpoint?
We communicate carefully and the vast majority of the work passes through Slack, so we have a dedicated Slack channel. We do daily standups when necessary, I’m on a daily standup call with Crowdbotics with the current sprints and in-between sprints. When I’m doing the design of spec work, we don’t do daily standups. We have really gotten the documents that we share to a really clear and transparent process with regard to internal reviews. Most importantly, we’ve never had overreach, not once in two years with dozen of sprints. They’re also clear and they provide feedback rapidly.
What did you find most impressive about them?
One of the key differentiators of Crowdbotics is that they have inventoried a vast array of hundreds of thousands of open-source libraries. I’m not sure who else has done that, but I’m sure that efforts cost them a lot. The legitimate open-source libraries out there are literally building blocks for apps. It’s partly part of our investment thesis and they’re currently able to build robust and extremely rapidly deployed stacks of data science for customers like us, literally just pulling from open-source reposts. It’s platform development, app development, and DevOps on stereos where you’re effectively leasing your stack versus buying - an extremely attractive business model.
I’ve worked with every shop you can think of, but Crowdbotics is very pragmatic, offers cost-effective services, and their business model is unique. It allows even customers like IBM to realize that they can spin up, for example, data science facts more quickly than they could internally. Above all, the code work they do is transparent and you can build virtually anything you want with their stack. They also do a lot of other stuff such as AR, VR, data science, and more — they got it all, but the majority of what they do is using proven repositories that we’re not building from scratch.
You’re not getting stuff you can’t read and you’re not just getting binary files back and not know what they did internally. This team just offers a new paradigm for rapid application development that’s really trusted and has really fast sprints. You get what you designed and we’re addicted. I can see us using no other resource and we recommend Crowdbotics across our portfolio.
Are there any areas they could improve?
I think this is more of a challenge for other companies who want to build their own app and Crowdbotics’ can help educate these people, especially those without detailed design specification work and who have uncertain deliverables to slow down. The team should make sure that their prospective customers can understand what they need to provide in order to prevent any unexpected outcomes.
RATINGS
-
Quality
5.0Service & Deliverables
-
Schedule
5.0On time / deadlines
"They’re exceeding the deadline for the current sprint by almost half a week."
-
Cost
5.0Value / within estimates
"The beauty of our partnership is that we could always get back our development and have access to our GitHub accounts."
-
Willing to Refer
5.0NPS
"We recommend them constantly.