Photo - Optivide
62388

Optivide

USA
Market: Financial services
Stage of the project: Prototype or product is ready

Date of last change: 22.08.2024
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Idea

We are a B2C social enterprise that supports people to solve the climate problem with financial confidence

Current Status

- Secure 50+ signups for our services
- Mockup ready, MVP under development with AI x Blockchain.
- Build 100+ LinkedIn followers with 0 marketing cost.
- Participate in 5+ non-funding startup programs
- Work with part-time woman CTO in India.
- Partner with Oxford Climate Alumni Network(OxCAN) for webinar co-promotion
- Observed member of MLCommons for AI impacts for positive goods

Problem or Opportunity

Most of us agree that climate change is a human-made crisis.

It is a growing, urgent global problem that will increase the number of irreversible disasters.

Despite the efforts of governments across the world, climate action has not been fast enough to meaningfully slow the global temperature rise to below 1.5 degrees Celsius.

Accordingly, many climate tech startups propose bottom-up voluntary solutions to solve the problem.

Bottom-up voluntary climate action is fast; however, without finance, fast climate solutions cannot solve the problem in the long term.

Solution (product or service)

In our mobile application, we will empower individuals to set their 5-10-year sustainability and financial goals, review their sustainability impacts, customize their negative impact reduction plan, and offset with voluntary carbon credits while planning their finances.

This will help them better realize the negative impacts of climate change on their personal goals(retirements, real estate, college tuition) and learn how they could increase their goal success rate by taking sustainability action in their daily lives.

Business model

We earn profits from providing AI-powered financial planning.

In order to enhance our service accessibility, we intentionally lowered our pricing with the AI advisor to reach out wider stakeholders for collective climate movement.

Our potential TAM is over 100 billion USD/year, with 291 million USD/year for our SOM.

Incubation/Acceleration programs accomplishment

- Buildspace program
- AIOTI Web3 Accelerator
- M Accelerator Program
- Microsoft Founder Hub
- NVIDIA Inception program
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