[startup nations summit 2014] competition - romania
Post on 25-Jun-2015
651 Views
Preview:
DESCRIPTION
TRANSCRIPT
Blushr
Contact:
Sebastian Maraloiu (CEO), sebastian@blushr.co
Revolutionizing high school romance
The customer
13-17 y.o.
boy and girls
Owning a smartphone
Having a crush or being had a crush on
Shy& hating awkward moments
Using other apps to engage with their crush: Facebook, ask.fm, tumblr, Twitter or Instagram
The problem At Blushr, we believe that the fear of rejection is the single most important thing that makes two people who are perfect for each other never connect. We aim to change that.
The solution
Blushr: Tinder for teens
Exclusive to 13-17 y.o.
Simple, smart, cool, anonymous
Step 1: Connect Step 2: Browse Step 3: Chat
TOTAL ADDRESSABLE MARKET (Number of 13-17 y.o. teens worldwide owning a smartphone)
The market
360 million
teens
107 million
teens
2014 2019
Traction
Key facts
Current downloads: 8800
Weekly growth: +20%
2 month growth: + 584%
Organic growth: 90%
Users by country:
63% USA
14% Romania
4% United Kingdom
2% India
17% Others
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
Total number of downloads (July-September 2014)
1) Selected as one of the top 32 Southern& Eastern European early-stage startups at How To Web
2) Finalist in The San Francisco Scottish
Summit competition by We are the Future
3) Semi-finalist at the Global Webit
Congress 4) Selected in the Alpha Programme at
the Web Summit Dublin
Awards
Revenue model
Monetization
1) Year 2
Anonymous crush messages & Virtual gifts
2) Year 3-4
Recommendations of:
Movies to see
Places to go out
Real gifts to buy
Competition
Teen exclusive ✓ x x x x
Friends of friends
feature ✓ x ✓ x ✓
Selects friends as
crush feature ✓ x x x ✓
Focus on crushes ✓ x x x x
Cool design ✓ ✓ ✓ ✓ ✓
Awesome user
experience ✓ ✓ x x ✓
Management team
Sebastian Maraloiu CEO & Co-Founder
Luana Sandache CMO
Manuel Boca CTO & Co-Founder
4+ years of exp. in
marketing and advertising
2+ years of startup exp.
3+ years sales and
marketing experience
5+ years of programming
experience
5+ years of startup exp.
Manuel and Sebastian are working together for 2 years now having
previously Co-Founded two other startups.
Advisory board We are closely working with a series of experienced mentors, and teenagers that
helps us shape Blushr and constantly improve it. We also have an extensive
support from the Entrepreneurial Spark Accelerator and UKTI.
Ray Dodd EMEA Lean
Sigma Lead at Hewlett-Packard
Ewan Spiers Global Product Manager
at Pitney Bowes Software
Michael Fowle Entrepreneur-in-Residence at
Hunter Centre for Entrepreneurship
Thalia 14 y.o, Brazil
Nicoleta 15 y.o.
Romania
Timeline
Step 1 Customer Discovery and
Problem interviews
Step 2 MVP
Step 3 Investment + Accelerator +
Iterations
Step 4 Seed Investment
+ Big growth in key markets
We are here Finished Product
+ Early growth
Step 5 Series A
+ Massive Growth
Step 6 Exit
Funding requirements
Prior Funding: $ 60.000 grant from UKTI
Current Round: Seeking $350.000
Use of Funds:
Big Launch in the key markets User acquisition
Expanding team (+1 developer)
Future rounds: Series A of $5 million expected in early 2016
Exit Strategy:
Acquisition (perhaps Badoo, Tinder, Match.com, Zoosk, eHarmony)
Thank you!
Together we can make the whole world blush!
Contact:
Sebastian Maraloiu (CEO), sebastian@blushr.co
top related