Photo - Ceench
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Ceench

Ceench helps people to make intelligent steps in relations

United Kingdom
Market: Internet and IT, Entertainment, Services, Another, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 22.10.2020
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Idea

Ceench is not just about Dating.
This is a whole ecosystem that combines a Dating service, a social network, and a marketplace.
It is an AI non-visible guide that aims to create the atmosphere for establishing and growing long term happy relations.

Current Status

MVP level (pre-revenue)

Our 3-year goals:
Total Users 38000000
Paying Users 5400000

APRU $1,96
ARPPU $18,15
LTV $7,85

Market

we aim to reach 5.5 mln paying users and $127.5 mln revenue in 3 years which refer to 1.08% and 0.73% of the global dating market accordingly.
In the next 5-10 years we will face an incredible growth of technology in all areas of our lives. As a result, people will be stuck at home working online, and the topic of communication and relationships will become more and more relevant.

So, this volume is more than realistic to achieve, especially in the current world situation!
COVID19 only opened a window for us to see how quickly this all can happen. And why now is the best time for our project!

In the context of the pandemic, dating services are at the peak of popularity. Over the past few months, the number of users has grown by 25% ! According to data experts, online activity will only grow further.
Our breakthrough technologies in the field of communication and Dating are needed right now - not before and not later.

Problem or Opportunity

Ceench solves the biggest diseases of modern society: loneliness, social phobia, the problem of huge choice, internet frauds, security and privacy risks.

Solution (product or service)

Our main goal is to create a Smart Dating ecosystem, which combines services and tools that allow people to meet and communicate easily and develop healthy long-term relationships.
➡️ First of all it’s a unique algorithmic Dating service with an integrated Speed Dating Video Chat.
To cope with a disease of great choice we will use the unique constantly developing customization algorithm which works out the user's choice in detail.
➡️ Then it is an organic social network that allows people (not only single ones) to communicate in the reference to their interests.
➡️ An integrated marketplace has no analogues in this field and it also serves to ease the process of relations development.
➡️ And finally - Ceench Smart Assistant - a virtual self-learning software complex - is a unique part of the Ceench ecosystem. It’s alike Siri, but is more sophisticated and deeply involved into the human relationships.

Competitors

Of course, we have competitors in this field, strong enough for sure, but they all lack those features that are in trend now. Well, it’s a great challenge for us, but we have every opportunity to reach their peaks and even overpass them, cause the combination of our solutions creates a breaking-age generation of Dating services and a Smart Dating market that never existed before!

And I will focus that no one from our competitors is engaged in the process of developing the human relations.

Ceench is not about the first touch meeting only. It is an AI non-visible guide that aims to create the atmosphere for establishing and growing long term happy relations.

Advantages or differentiators

Here are our advantages:
➡️ It’s a constant customization of the partner selection.
➡️ Ceench can organize Video Dating in a unique manner and analyze the course of the conversation, the mood of participants and emotionally lead the conversation.
➡️ It can manage a calendar in a relationship to remind you the most significant events.
Ceench is a deep learning software which is the tremendous trend now. Especially, machine learning Voice Assistance.

Finance

Services within the dating app (average $18)
Marketplace fees
Adverts

Business model

SaaS
Fees (Marketplace)
Advertising

Money will be spent on

Costs up to Break Even Point

Pr. Development 30%
Marketing Costs 55%
Other Costs 15%

Offer for investor

Ceench startup (MVP level reached) runs seed campaign:
- placement of a 15% in equity
- hardcap $673,974
- ROI 22 months
- three-year investment result >$10.5 mln
We invite you to join us!

Team or Management

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Idea
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