23D, a seasoned custom software development and strategic business optimization company, announces the launch of its vertically integrated rapid startup builder and early-stage venture fund, aimed at transforming legacy industries and revolutionizing the startup process.
PHOENIX, Feb. 8, 2023 /PRNewswire-PRWeb/ -- Lorde Astor West, founder of 23D, is revolutionizing the startup world with the launch of a rapid development company and early-stage startup venture fund. West, a seasoned custom software development expert, has combined her knowledge of developing custom solutions for legacy industries with a proprietary full-stack rapid development framework and a library of over 30 building-block apps that eliminate 95% of repetitive code work and rapidly replace legacy software at scale. The result is a vertically integrated rapid startup builder and early-stage venture company that streamlines the startup process from idea to exit.
The main problem that 23D is trying to solve is rapidly replacing legacy software by eliminating the issues that lead to the high failure rate of most startups. According to West, the majority of startups fail because they build products that are not in demand, waste resources on the wrong product and market, and lack the necessary business acumen to pivot. By productizing the startup process, and building products to solve known industry problems with the help of industry insiders and operators, 23D aims to make startup success more predictable and democratize early-stage startup investing.
23D will focus on legacy markets across various service delivery sectors, working with industry experts to build the products that these markets need to digitally transform and run their businesses effectively in the connected global economy. One example of a legacy market that 23D is targeting is the payments industry, which has become highly fragmented, leading to a loss of over $11 trillion in revenue due to payment process failures. Another industry is golf course software, where a single entity controls 90% of the market and exploits golf courses by cannibalizing their data, pushing them to compete at the least cost, and charging expensive payment fees.
"Legacy industries have been slow to digitally transform, stunting technological innovation and negatively impacting free markets. Startups rarely focus on these industries creating a lack of competition and leaving businesses to struggle with poorly developed legacy software that eats into their bottom line or worse exploitation by software vendors with zero impetus to improve," said Lorde Astor West. "23D is revolutionizing the startup process and making it possible for legacy industries to catch up with technology, increase innovation and growth, and generate new wealth."
West plans to tackle these legacy markets by employing 23D's proprietary framework to eliminate repetitive code work and make possible the rapid replacement of legacy software at scale. The venture fund aims to produce consistent returns with a strategically curated portfolio of 23D startups. West and her team at 23D are committed to ensuring the success of their portfolio companies by providing them with the support and resources they need to grow. By streamlining the startup process, 23D aims to reduce the complexity and burden of building software for legacy industries and to spur technological innovation, generate new wealth, positively impact free markets, and improve the flow of commerce.
Lorde Astor West and 23D are changing the game with the launch of their rapid development company and early-stage startup venture fund. By productizing the startup process and streamlining the development of custom software solutions, 23D is poised to revolutionize the startup world and provide investors with more consistent returns on their investments.
Media Contact
Angus Svärd, 23D.io, 1 (480) 779-7490, [email protected]
SOURCE 23D.io
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