froont iedvesmas stāsts
TRANSCRIPT
Design The WebTogether
@froontApp
Responsive is the standard, still most sites fail to be
Because someone has to design them first
With FROONT more designers
become web designers
A visual web design tool
Open source web design
platform
A different approach to web design
Design visually – drag and drop
Unique: No coding,design various layouts right away
Share with the clients everywhere
Open sourced web design
Pick a design
Customize Test and Show or Publish
Instead of building everything from a scratch, start designs made by other users
Froont KPILaunched on May of 2013
88kregistered users
Since May 6, 2013
150kprojects createdAverage 1.8 projects per user
50%of active users
are returning users
Funded by Inventure, Imprimatur Capital and Beanstalk Capital
Funding stages
100kpre-seed
convertible noteInventure FI 01.2013
50kbridge to seed
soft loanLGA / ImpCap 09.2013
350kseed investmentconvertible note
3 funds 03.2014
Funded by Inventure, Imprimatur Capital and Beanstalk Capital
Funding steps
Fund
ing
€0
€175
€350
€525
€700
Time
2 011 2 012 2 013 2 014 2 015
505050
350
Pre-seed stage
2012TechHub Riga
Startup Sauna (FI)
Launch Beta10k users
Team in place
Bridge to seed stage
2013TechHub Riga
ImpCap soft loan
Launch paid version
Seed funding
Seed stage
2014TechHub Riga
SlushTechChill Baltics
Develop teamStabilise productSales -> product/
market fit
Next stage
2015Rapid MRR growthRetention > Churn
