Investor relations

A profitable services business funding two products it uses itself.

Brilliant Systems has been building software for other people since 2015 and has never taken outside capital. The consultancy funds the products, the products prove the consultancy, and the whole position rests on one argument: that AI has changed what software costs to build and almost nobody has repriced.

The short version

We deliver five times faster at a fifth of conventional cost, we pass that to the client and take volume, and we are using the margin to build two products aimed at the same shift.

2015

Founded

Denver, Colorado, with an engineering floor in Lahore

100+

Engineers

Senior, salaried and permanent, not a contractor bench

2

Products

Open Lance live, BotUp in beta

50+

Technology clients

Several for the better part of a decade

The thesis

Four arguments, and the one that has to hold.

If the second argument below is wrong, the rest of this page does not matter. We think it is right for a defined window rather than forever, and we are building accordingly.

01

Services fund products, products prove services

The consultancy is profitable and self-funding, and it pays for product development without external capital. In return, Open Lance and BotUp are the proof that we build what we sell rather than describing it. Neither half works as well alone.

02

The cost base moved and the price has not

AI-assisted delivery has changed what a given piece of software costs to build. Most of the industry has kept its pricing and absorbed the margin. We passed it to the client and took the volume instead, which is a defensible position for as long as competitors are unwilling to reprice.

03

Two products aimed at the same shift

Open Lance argues that marketplace commission is a tax on work. BotUp argues that AI should be sold as defined jobs rather than access to a model. Both are bets on buyers wanting accountability rather than capability, and both compound with the services business.

04

The moat is evidence, not technology

Anyone can buy the same models. What is difficult to copy is a decade of delivery, published client reviews on four platforms, ISO and CMMI certification, and a willingness to publish the method. That is what an enterprise buyer is actually purchasing.

The two products

Both are bets on accountability rather than capability.

Governance

What we commit to reporting, and how often.

Legal entity
Brilliant Systems LLC, registered in Colorado, United States. Colorado law governs our commercial agreements.
Reporting
Quarterly written update to shareholders covering revenue, pipeline, headcount and product milestones, sent within thirty days of quarter end.
Independent assurance
ISO 9001:2015 certified and appraised at CMMI Level 4, both re-assessed on their published cycles rather than claimed once.
Related-party dealings
Open Lance and BotUp are wholly owned. Any transaction between the products and the services business is recorded at arm’s length and disclosed in the quarterly update.
Concentration
No single client has exceeded a fifth of revenue in any of the last three years. We report the figure each quarter rather than waiting to be asked.

Risks

What would make us wrong.

A page like this is worth more with this section than without it. These are the three we actually worry about.

The window closes

Our pricing advantage exists because competitors have not repriced. When they do, the advantage becomes table stakes and we compete on evidence and delivery instead. We would rather have built the products by then.

Products do not reach escape velocity

Open Lance and BotUp are funded by services margin. If neither reaches self-sustaining revenue, we have a good consultancy and two expensive proofs of concept. That is survivable but it is not the plan.

Key person concentration

The founder still takes the first call on most engagements. That is a strength commercially and a risk structurally, and closing the open leadership appointments is how it gets addressed.

Geographic and currency exposure

A US-registered business with its engineering floor in Pakistan carries currency, regulatory and continuity exposure. We hold it deliberately because it is also where the cost advantage comes from.

Enquiries

Investor questions go to the founder directly. Expect a reply inside one business day.

hello@brilliantsystems.io
Two engineers reviewing systems on tablets inside a data centre

Certified, partnered and awarded