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myFirst

Singapore
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 03.12.2023
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Idea

myFirst is the world’s first KidsTech Social ecosystem: Real tech for kids with fun devices, connected services and kid-safe social network to socialise, share and go anywhere, all safely connected!

Current Status

Sold more than 1 million devices, revenue this year is US$8m, available in 36 markets and connect 250k families in more than 100 different countries

Problem or Opportunity

We all live in a digital world, but so far, all the technology around us has been designed for grown-ups. Technology allows grown-ups to stay connected, but if you try to connect kids with grown-up technology, its dangerous for kids.

Solution (product or service)

We connect kids to their friends, parents and grandparents with a whole real technology (as opposed to toys) KidsTech ecosystem which includes fun devices, connected services and kid-safe social network.

Business model

4 ways: Sales of KidsTech devices, subscription of connectivity services (SIM card revenue), subscription of add on services and data monetisation (but not in an evil way)

Incubation/Acceleration programs accomplishment

K-Startup Grand Challenge (2nd place)
EduSpaze
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Finance
Invested in previous rounds, $
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Incubation/Acceleration programs accomplishment
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