Photo - Deemples
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
Rating
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

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

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
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility137
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
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