Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Sync! is a teamwork enablement tool for ambitious entrepreneurs who want to take ambiguity out of the workplace and replace it with a synergy. Sync! reduces anxiety for employers and project owners and enables freedom and accountability for employees.

01.01 Describe your startup in more detail

Today, 1500+ entrepreneurs are using Sync! to power productivity and then sustainable growth for their companies. Our mission is to empower them to create viable employment opportunities for the young people across the world who are most affected by surging unemployment. Sync! equips companies with a platform for successfully coordinating distributed, remote and onsite work through a workflow management and team collaboration tool that simplifies milestone tracking, task management, team communication and work output measurement.

01.02 What is the main problem you are trying to solve?

Young people and women in Africa are most affected by Africa's surging unemployment. Without substantial intervention, we're trending towards a gap of 40 million jobs in 2050. However, the majority of the existing interventions address the supply side of the equation despite there being a clear glut in supply. Our work with our flagship product Sync! and the corpus of interventions around it are designed to scale viable employment opportunities for people across the continent by equipping BUSINESSES with a platform for successfully coordinating distributed, remote and on-site work thereby sustainably addressing the demand side of the equation.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

1. Sync! provides a robust suite of tools designed to streamline project management for small businesses. With features like task assignment, milestone tracking, and real-time collaboration, Sync! helps teams stay organized, meet deadlines, and efficiently manage their workflows. This leads to increased productivity and ensures that projects are completed on time and within budget. 2. Sync! offers integrated payment solutions that simplify financial transactions for businesses. Users can fund their wallets directly from local currencies like Naira and MPESA, enabling seamless payments to team members based on project milestones or recurring schedules. This feature not only saves time but also reduces the complexity and risk associated with handling multiple payment systems. 3. Sync! includes a robust in-app messaging feature that facilitates seamless communication and collaboration within teams. This tool allows team members to exchange messages, share updates, and discuss project deta

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

Our customers are business teams - typically SMBs and startups - whom we reach through enterprise support organisations such as banks, accelerators, incubators, investment funds, etc. Our product is procured by entrepreneurs or supporters of entrepreneurs keen to enable ambitious founders and teams on their path toward profitability and delivering on their brand promise.

01.05 When was your company established?

2021-07-17

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

2

01.08 Among the other owners, how many are female?

2

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

We possess a robust and diverse set of skills that drive our mission to enhance team productivity and operational efficiency. With backgrounds in business administration, operations management, marketing, strategy, and finance, we offer an innovative approach to people operations management. As a function of our combined experience includes leading successful projects, optimising team performance, and driving operational excellence, we have a proven track record of helping businesses to achieve sustainable growth and competitive advantage through strategic workforce management. We leverage our skillset and shared vision to develop effective and innovative productivity tools that fit the cultural and economic context and fulfil the need for impactful solutions that address the evolving needs of modern teams.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://teamsync.tools/

01.11 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My startup contributes to the No poverty goal

5

02.01.02 No poverty - Justification for my startup

We're empowering entrepreneurs to collaborate more effectively with their teams, leading to higher rates of goal achievement, more sustainability, growth and job creation

02.02.01 My startup contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification for my startup

02.03.01 My startup contributes to the Good health and well-being goal

5

02.03.02 Good health and well-being - Justification for my startup

We're supporting alternative models of work by providing a platform that robustly and creatively enables distributed teams, remote teams and onsite teams to collaborate without missing a beat, regardless of where anyone is. This allows people to have more flexibility and work life balance.

02.04.01 My startup contributes to the Quality education goal

2

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

6

02.05.02 Gender equality - Justification for my startup

Our tool has been critical for enabling women who are often constrained by stay at home responsibilities to earn a living by taking up remote opportunities. Recent mothers benefit from how easy it is for them to return to work without leaving home and work effectively parttime by using Sync!

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

This is the core focus of our work. Our platform is enabling companies to build and grow sustainably and create more jobs and opportunities. One of the biggest frustrations of employers is lack of synergy with their team and visibility on outcomes. Our platform enables this and allows all team members to be rewarded for their work.

02.09.01 My startup contributes to the Industry innovation and infrastructure

5

02.09.02 Industry innovation and infrastructure - Justification for my startup

Our creative use of cutting edge technologies such as machine learning and distributed ledger technology to augment the status quo around project management and team collaboration is helping founders in the ecosystem build better, more strategically and more sustainably for inclusive and resilient gains. We're very proud of this!

02.10.01 My startup contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification for my startup

Here again, the contribution towards enabling people to work in distributed contexts seamlessly has meant that people with disabilities, mobility challenges or cultural barriers can take up work, deliver and get paid without much friction.

02.11.01 My startup contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification for my startup

We've built our company 100% remotely and routinely empower our users to build more flexibly, creating distributed teams that in fact reduce the burden on transportation networks and office resources.

02.12.01 My startup contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification for my startup

We've built our company 100% remotely and routinely empower our users to build more flexibly, creating distributed teams that in fact reduce the burden on transportation networks and office resources.

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

We've built our company 100% remotely and routinely empower our users to build more flexibly, creating distributed teams that in fact reduce the burden on transportation networks and office resources.

02.14.01 My startup contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

4

02.15.02 Life on land - Justification for my startup

We've built our company 100% remotely and routinely empower our users to build more flexibly, creating distributed teams that in fact reduce the burden on transportation networks and office resources.

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

4

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

7 - Strongly Agree

06.02 The product/service represents an entirely new type of product/service.

7 - Strongly Agree

06.03 The product/service could be described as a new technology.

3

06.04 The product/service is an improvement on an existing product or service.

7 - Strongly Agree

06.05 The product/service could be described as an extension of a range of products or services.

4

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

4

06.08 Justification for my startup

Our product is an innovative improvement on existing solutions, addressing unsatisfied demands and enhancing team productivity and operational efficiency in unique ways. Our approach integrates advanced AI and machine learning to provide personalized insights, predictive analytics, and automated workflows, which significantly differentiate us from current market offerings. While not entirely new technology, our product leverages cutting-edge developments to enhance user experience and effectiveness. It stands out as an extension of current solutions, offering a refined yet cost effective and user-centric platform that directly addresses gaps in existing products.

06.09 Competitive Analysis

Our main potential competitors include established HR and productivity tools such as BambooHR, Asana, and Trello. What sets us apart is our unique integration of local ecosystem knowledge with deep tech features tailored specifically for people operations management. Unlike traditional tools, our platform offers predictive analytics for team performance, personalized workflow automation, and enhanced employee engagement metrics.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?