Startup fundingUnverified

Social Discovery platform

Western ProvinceMedia & Entertainment1 years in operation1–5 employees
CapRaise Reviewed

About This Opportunity

Discovery platform that challenges the status quo of how people experience out door events and activities. A community based platform where people can have more to what life has to offer by providing a gamified version of it. Decision fatigue is a universal problem with tech giants flooding an individuals mind with too much information, where the desire to go out fades away. Our platform gives them a chance of bringing back the excitement of going out by providing a personalized itinerary , reward system, and a social space . End goal is to have enough data about the out going culture to turn it into an advertsing platform for vendors

Key Highlights

  • Core belief of our company is built on the belief that real life beats the scrollable one
  • Life is out there
  • we are not trying to sell a new app or new feature, we sell proof, that life exist outside of the phone

Use of Funds

Marketing, server cost and salaries

Deal MetricsRanges shown. Exact figures are in the deal room

Annual Revenue

LKR 500Mn – 1Bn

EBITDA

Break-even

Asking Price

LKR 10.0Mn – LKR 50.0Mn

Risk Flags

Unverified Financials

Exact figures available after NDA & seller approval

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Transaction TypeStartup Funding
LocationWestern Province
IndustryMedia & Entertainment
Est. age1 years