46842
Deemples
Connecting golfers for tee times
Malaysia
Market:
Internet and IT, Information and media, Entertainment, Tourism, sport
Stage of the project:
Operating business
Date of last change:
08.05.2020
Startup.Network
Startups and Investment Projects
Deemples
Go to the owner's profile
2
equalizer
from 2000
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Idea
Golfers want to golf, but can't if they can't find others to golf with. Deemples helps connect golfers, so they can golf whenever they want to.
Current Status
3 years
16k registered users
30k golf rounds played
revenue started q4, 2019 - 1200 transactions, growing @ 50% MoM
Market
60 million golfers in the world
Problem or Opportunity
Golfers want to golf but can't if they can't find someone else to golf with.
Deemples connects golfers for tee times.
Solution (product or service)
Deemples connects golfers for tee times.
Competitors
None that are serious. The largest one GolfMatch exited to TopGolf in 2017, then shut down.
Advantages or differentiators
Skillsets needed - go-to-market strategy, easy to use product
Finance
For just the tee time booking business model, we take 10% of all transactions via Deemples
Business model
Golfers make payment to golf courses via Deemples, we take a cut.
Money will be spent on
20% tech
80% marketing
Offer for investor
$500k @ $2M pre-money
Team or Management
David Wong
Owner
Risks
Speed to market.
Golfers are looking for something like this now, but if we can't get to them fast, they'll get into the usual IM solutions, which still doesn't solve their problem
Incubation/Acceleration programs accomplishment
Selangor Accelerator Program
Won the competition and other awards
Ambank BizRace 2018 top 30
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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
Presentation
0