The closest alternatives to The Bot Platform are Chatfuel, Botsify and Manychat. The Bot Platform generates $2.9M in revenue with 21 employees. Every one of the 6 alternatives below is compared with The Bot Platform on revenue, funding, customers, team size and founding year.
The Bot Platform is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  The Bot PlatformThis company |  Chatfuel |  Botsify |  Manychat |  Intercom |  Landbot |  Crisp Chat |
|---|---|---|---|---|---|---|---|
| Revenue | $2.9M | $3.8M | $269K | $34.6M | $400M | $7.3M | $1.4M |
| Valuation | $4M | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $300K | Not disclosed | Not disclosed | $163.1M | $241.9M | $10.2M | Not disclosed |
| Customers | 35 | 100M | 260 | 1M | 30K | 2.2K | 200K |
| Team size | 21 | 47 | 19 | 547 | 1.5K | 73 | 15 |
| Founded | 2016 | 2015 | 2016 | 2015 | 2011 | 2017 | Not disclosed |
| HQ | London, United Kingdom | United States | Pakistan | United States | United States | Spain | France |
United States · Bot Platforms Software
Chatfuel is an AI-native operating system for private healthcare and wellness SMBs. It helps service teams shift from manual engagement to scalable revenue growth by reimagining the entire sales cycle. Official Partner…
Pakistan · Bot Platforms Software
Build intelligent virtual assistants for your websites, facebook pages, and messaging apps. Attract your customers by automating your chat and providing real time assistant. Help your customers to generate qualified…
United States · Bot Platforms Software
ManyChat is owned by a privately held company called ManyChat, Inc. ManyChat provides a chatbot platform that allows businesses to automate their customer communication on popular messaging apps like Facebook Messenger…
United States · Bot Platforms Software
A platform to provide a seamless customer experience across AI and human support, delivering increased customer satisfaction while reducing costs.
Spain · Bot Platforms Software
Landbot is a simple tool to build conversational websites and improve lead conversion rate.
France · Bot Platforms Software
Developer of a customer communication software designed to assist in customer engagement. The company's software provides various communication applications, chatbots, videos, notes and pre-programmed responses…
Competitors were not discussed by name in the interview. The Bot Platform operates in the employee experience and internal communications automation space, a category Gibby described as accelerating significantly due to the pandemic's effect on the future of work. No specific rival companies or their metrics were cited by Gibby during the conversation.
The Bot Platform ranks #35 of 194 Bot Platforms Software companies by annual revenue, putting it in the top 18% of the market.
Customers The Bot Platform has named publicly in interviews, filings and case studies.
At the time of the 2021 interview, the four co-founders collectively held roughly 75% of equity, employees held approximately 8% to 10%, investors held roughly 10%, and about 15% remained unallocated for future hires or a potential raise. All 16 team members at the time had some equity participation.
“All of our employees have some equity as well, but yeah, we haven't given a huge portion of equity away to any investors or anything.”
Because The Bot Platform was an original launch partner on Facebook Messenger and had already built messenger bot infrastructure, it was able to plug its software directly into Workplace from Facebook without rebuilding the core product, significantly reducing the cost and time of the enterprise pivot.
“Because we were already a messenger partner, we could actually kind of plug our software directly into workplace without actually having to rebuild too much of it.”
The Bot Platform prices its annual license on a combination of the number of bots deployed and the number of employees regularly using them, with monthly fees ranging from $1,400 to upwards of $15,000 to $20,000 depending on company size. Professional services are offered on top of the license fee for customers who want the company to build initial bots on their behalf.
“Our pricing would probably be based on usage in terms of a mixture between how many bots they have and how many people within the company are regularly using those.”
The Bot Platform launched in 2016 as a Facebook Messenger bot builder for brands and entertainment clients, then pivoted roughly a year later to focus on internal enterprise tooling after concluding that automation benefits would be far greater when applied internally rather than externally. The pivot was tested as a side experiment before being fully committed to.
“We actually thought that the benefits of automation for our clients, even though they were getting huge benefits from the tools they were building, we actually thought that the benefits would be far better to be used internally rather than externally.”
As of September 2021, The Bot Platform reported monthly churn of 2.9% and net dollar retention of 118%, driven by usage-based upsells as customers expanded the number of bots and the employee populations interacting with them. One customer reported a 15.6 times ROI at the end of year one.
“Our monthly churn at the moment is 2.9%.”
In the early years, The Bot Platform generated professional services revenue from short-term messenger bot campaigns for brands and ad agencies, and used that income to fund internal development of its SaaS product. By the time of the 2021 interview, the company estimated it had done roughly $100,000 in consulting revenue in 2016.
“We were using our messenger business to fund our kind of internal enterprise business. So, we were doing a lot more service work.”
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Jun 2018 | Funding round | $300K | $4M |
| Jun 2018 | Funding round | Not disclosed | $4M |
How The Bot Platform Achieved $2 Million in Revenue with Strategic SaaS Development
In the fast-evolving world of IT infrastructure software, The Bot Platform has demonstrated impressive growth, reaching a formidable $2 million in annual revenue. Founded by Tom Gibby and his team, the company started as a modest venture focused on messenger bots, but has pivoted to provide no-code enterprise solutions for employee experience on platforms like Microsoft Teams and Workplace from Facebook. This blog post dives into the strategic decisions and growth metrics that fueled The Bot Platform's success, drawing insights from a comprehensive interview with Tom Gibby, as well as additional data available on the web. 2016: Launch and Early Revenue from Consulting Launched in 2016, The Bot Platform initially capitalized on the chatbot craze by partnering with Facebook Messenger. The company generated approximately $100,000 in revenue through consulting projects, primarily within the music industry. These projects were crucial in funding the development of their SaaS product, allowing the founders to bootstrap their operations without significant outside investment. 2017-2018: Pivot to Internal Communication Tools Recognizing market saturation in the chatbot space and greater po
The closest alternatives to The Bot Platform are Chatfuel, Botsify and Manychat. This page compares each of them with The Bot Platform on revenue, funding, customers and team size.
Chatfuel is the closest alternative to The Bot Platform, generating $3.8M in revenue. Which alternative fits best depends on budget and company size, so compare all 6 alternatives above before choosing.
The Bot Platform generates $2.9M in revenue.
The Bot Platform has raised $300K in funding.
The Bot Platform has 35 customers.
No. Chatfuel generates $3.8M in revenue versus $2.9M at The Bot Platform.
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