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Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

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Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#1
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 lead. But this time, help them do it for thousands of leads at a go.

Once you’ve narrowed prospects down with these granular qualifications, you can then use job descriptions to find the contact information of your potential customer champions.

While we’re excited about other web research use cases, we started with sales qualification because the research outcome is immediately actionable—" Who should I sell to today?"—and the feedback cycles are short—"Was that lead relevant?”.

We are exploring exposing our web research infrastructure through an API to other developers who'd find it helpful to enable web research workflows in their apps. Please reach out (https://tinyurl.com/AnswerGrid-15) if you’re working on a product that might benefit from this.

You can try the tool here: https://app.answergrid.ai/try-it (no signup needed)

We’re excited to hear about any lead qualification tricks you’ve discovered for identifying your early users or what other use cases you think are relevant here. Even if you’re not looking to do lead generation, any product feedback from playing with the demo would still be most appreciated.

* A Note on how the Search box works: It tries to infer the starting Crunchbase filter configs based on your query. If it doesn’t get the configs precisely, you can edit the inferred filters at the top left corner once the grid is loaded, or try starting with a more straightforward query before adding extra LLM qualification columns.

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#2
Congratulations on the launch! I've done Python scripts to do this, which connect to APIs like Apollo, use proxies for Google scraping, and scraping libraries for URLs etc. It's no small feat to connect it all together. Your product looks next level, and with a gorgeous spreadsheet UI too. Very nice

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#3
Congratulations on the launch. We sell B2B crowd forecasting software, a fairly niche market, so something like this could be very interesting for us. We sell mostly into governments, think tanks, and other types of research institutions, with the occasional commercial application. A couple thoughts:

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?

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#5
post #3

Congratulations on the launch. We sell B2B crowd forecasting software, a fairly niche market, so something like this could be very interesting for us. We sell mostly into governments, think tanks, and other types of research institutions, with the occasional commercial application. A couple thoughts: Perhaps I didn't do something correctly, but I ended up with a list of companies. That saves me a little time, but I w…

Yes! you can add contacts based on job description. You'd do that by clicking on the far-right of the table to add a column, then select "Find Employees" and add as many key words and job descriptions as are relevant.

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)

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#6
post #2

Congratulations on the launch! I've done Python scripts to do this, which connect to APIs like Apollo, use proxies for Google scraping, and scraping libraries for URLs etc. It's no small feat to connect it all together. Your product looks next level, and with a gorgeous spreadsheet UI too. Very nice

Thank you!

Are you still using your stack for outbound :) ?

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#8
post #4

Don’t make me hunt for pricing! Looks great.

Sorry about that!

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

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#9
Congrats on the launch. As someone who has dealt with early lead-gen at multiple startups, I'd say it's 50% finding the right company and 50% finding the right person at that company. Especially when there isn't already a network connection.

Re: Launch HN: AnswerGrid (YC S24) – Web research tool for lead generation

#10

Congrats on the launch. As someone who has dealt with early lead-gen at multiple startups, I'd say it's 50% finding the right company and 50% finding the right person at that company. Especially when there isn't already a network connection.

Absolutely. Some users find that the person search component can be an additional layer when selling to larger enterprises with multiple decision-makers and budget holders. Deploying our tooling towards champion search within orgs is definitely on the radar as we look to help with that other 50% of the problem. Right now, users do that with just Job descriptions and keyword searches when adding a column for Employees.
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