Photo - Places Rocks UG
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Places Rocks UG

social event platform

Germany
Market: Information and media, Mobile applications
Stage of the project: Operating business

Date of last change: 24.01.2020
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Idea

For newbies in a city its difficult to get an overview of suitable, existing venues (Clubs/Bars). For locals its time consuming & tidious to finf the information you want. Existing solutions like Facebook, G-Maps or Tripadvisor are condusing, offer lew details or aren´t used anymore.
The solution is to build a new social platform for the gen y & z and clubs, bars & venues. Focusing on Information, Friends (social) & exclusive benefits over the app.

Current Status

Launched the app through PlayStore & AppStore 2 months ago.
2200 downloads // 1500 registrations // 34% active users/ week.
22 Venues acquired
CPI: <0,65€
Currently operation in Nuremberg, Germany and expanding in Februar to surroundings.
Total marketing expenses so far <1000€

Market

see pitch deck

Problem or Opportunity

Getting a quick overview of suitable bars & clubs in a city is tedious.
Getting the information you want is time-consuming.
Existing sources are confusing, offer few details and are often contradictory.

The opportunity is to build a better source of information and allow users to communicate about their evening.

Solution (product or service)

A social platform for young people of the Y & Z generations and for bars, clubs, and venues focusing on 3 features: Information, Friends, Benefits (more details and screenshots in pitch deck)

Competitors

Facebook
Google Maps
Trip Advisor
Resident advisor
existing local apps

Advantages or differentiators

focussing on frequently visited venues by our target group.

Overview: display events sorted by date, music category, venue type on a map
Social: interactions build around night life
Benefits: enable transactions and benefits to offer users by venues

Finance

see pitch deck

Business model

see pitch deck

Money will be spent on

Marketing
Employees in Dev & Sales
Software & Hardware
Office (Co-Working or Incubator)

Offer for investor

300.000 for 15-20% depending on level of operation.

Risks

see pitch deck

Won the competition and other awards

Audience Award Road to START Summit 2020
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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