Every walk of life in the digital world is delving into A.I. Flippa announced they are adding an A.I. powered recommendation engine to match buyers and sellers.
Launching new capabilities on its platform to provide an AI-powered recommendation engine for matching buyers and sellers. The new Flippa recommender engine helps online business owners, their advisors and brokers to quickly and efficiently find prospective acquirers among the 1.5M registered buyers on the Flippa marketplace, delivering a more seamless process for business owners to exit. The tool effectively answers the question – who would buy my business?
Within the Flippa marketplace, buyers can click “Invite to Deal” to be notified of a relevant deal, matched algorithmically by the Flippa platform. So far, Flippa’s AI-powered recommendation engine is available on deals valued between $250,000 and $25MM. In the first two weeks of launch, over 6,000 buyers have been invited and just over $30MM in Letter of Intent (LOI) value has been issued.
For more details, read the official product announcement here.