ConnectIn is a networking platform between the global startup ecosystem professional. The platform is an interface for entrepreneurs, investors & explorers to connect and help each other. Features like fundraising, initiating syndicates, pitch in-bulk, acquire & more makes it an inescapable part of the system.
Current Status
N/A as the product is not ready yet
Market
Across the globe, anyone and everyone who is involved to a startup ecosystem is our potential customer. The global startup industry is growing at a high speed. There are about a 50 million startups established every year and 9 out of 10 have a failure rate on an average.
Problem or Opportunity
ConnectIn is going to solve the gap between the people of startup ecosystem. There are around 1,36,000 startups established on a daily basis. ConnectIn is going to be the first step to register a startup anywhere in the world. If you are already established you will have to register asap.
There are three subscriptions available according to the usability and requirement of different users. The user is already infusing a lot of capital in the initial days of creating a product. ConnectIn will reduce the time & cost for them and bring them up to date with the current market trends & personalise their journey.
Solution (product or service)
ConnectIn is an interface for entrepreneurs, investors & explorers. User can raise funds, communicate, initiate syndicates, pitch in-bulk, buy/sell business, mentor, seek jobs etc on the platform.
Competitors
Although there is no direct competition in the market currently but there are a lot of angel investor platforms which are being used globally in different countries. To name few alternatives currently available there are a few networking platforms like Angel List, Gust, YCombinator etc.
Advantages or differentiators
Yes. ConnectIn is not only a network but a cloud of each & every startup in the world linking them to one core platform. ConnectIn is a niche platform for all peers across the heirarchy chain. Every body who is starting up will register at ConnectIn on day 1 & whoever is already in the system will register at the earliest.
Finance
ConnectIn Starter - To swipe across the preferences, ConnectIn the whole ecosystem
ConnectIn Pro - To enhance the features & engage with others
ConnectIn Premium - To have full access of 100 Million+ Users & use the network
A total of $1.5 Billion is the total revenue across verticals within the app in the next 5 years.
Business model
Its subscription based model across three plans
Money will be spent on
1. Product Development
2. Team Assemble
3. Research in global markets
4. AI Integration
5. Product Beta Launch
6. Marketing
Offer for investor
Ready to offer 10% equity to a lead investor(angel or VC) in return for $500k
There is a risk of slow growth if the product is not launched at a global level. In case of a strategy to start small, bigger networks could absorb the whole market and it would be too late to deliver post that.