Photo - Sexence
50496

Sexence

AI-powered app design to help users enhance their sexuality

Israel
Market: Artificial Intelligence, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 14.02.2021
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Idea

Sexence offers a social experience in a self-care engagement app that uses the power of AI to provide you with personalized information, products, and insights to improve your sex life.

By using Sexence people will be able to reduce stress, increase sexual self-confidence, and enrich their sexual lifestyle.

Current Status

- After a few months of R&D our MVP is ready and we are about to launch a
Beta prototype
- Currently, bootstrapping and growing
- Accepted to the Amazon accelerator - BSP
- 14,500 followers and + 2,500 pre-registration
- Partnered with 16 wellness companies
- We are proud to be one of the chosen speakers at the next TEDx (December 21st)

Market

- North America (USA mainly)

- Ages range: 21-39- Generation Y, (Millennial).

- Gender Distribution: Women - 60%, Men - 40%

- 80% of Internet users.

- Target Market Guidelines: Consumer reviews, Provide reliable information.
Social media platforms.Collaborations with: Influencers, Medical centers,
Professionals.

We are targeting people who want to:
- Enhance their sexual pleasure.
- Deal with sexual dysfunction.
- Reduce stress.
- Increase sexual self-confidence.
- Improve intimacy.
- Learn about your body responses.
- Be more productive.
- Enrich their sexual lifestyle.

Problem or Opportunity

According to our research, we have identified three main problems:

1. Every person may have experienced or will face a challenge or lack of sexual confidence at some point or another in his life.

2. The lack of personal sexual information online.

3. There is a huge gap between what people see online and real life.

- Today, people are looking for personal answers to what they are going through in their sex life, they want it here and now.
People prefer to have a reliable tool, rather than speak with their friends, partner, or even go to a therapist.
People are looking to improve their lifestyle.

Solution (product or service)

Our app will allow each user to generate a personal profile when they can share information about themselves, about their lifestyle (we are good listeners), we will ask them questions on a daily basis and, for example:
What is your stress level?
How many hours did you sleep last night?

Based on this information we will provide each user with personal insight, plans, and products.

Our technology and guide could our users to discover the power of their sexuality and enrich their lifestyle.

Users will be able to ask us questions and get answers in the Secret Sexence section. We will post the questions (anonymous)and answer them, that way people will be able to see what other people are feeling and see that they are not alone in the situation

Competitors

Coral - https://getcoral.app/
Lover - www.lover.io/
Emjoy - www.letsemjoy.com/
Ferly - weareferly.com/

Our competitors doing some greater job, yet, something is missing, people are looking for personal experience, real value for what they are going through in their daily life and this is what Sexence will provide for them.

Advantages or differentiators

Our unfair advantage is:
- Professional team.
- In-house development.
- Deep technology, includes AI, sentiment analysis, personalization.
- Endless vision

Finance

Our users can choose between a free version and a premium version that cost $12.95/month

We also affiliated with sexual wellness products companies - we take
10%-18% commission on each transaction.

Business model

1. Customer Subscription - freemium model.

2. Affiliate with sexual wellness products companies - we take
10%-18% commission on each transaction.

Future:

3. Data to platforms that will help this industry
(Only general information not personal)

4. B2B works with sex therapists.

Money will be spent on

50% - Salaries
40% - Marketing
10% - Administration and Operation

Offer for investor

25% for $2.2M

Team or Management

Incubation/Acceleration programs accomplishment

Amazon Bulider Space program (BSP)
Startup Boost Accelerator

Won the competition and other awards

- We have been chosen to be one of the speakers at the next TEDx.
We are going to talk about sexuality, technology, and how it will affect our lives.

Photos

Photo 1 - AI-powered app design to help users enhance their sexuality

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video