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$500K - $1MM
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Pop connects community members with common interests using geographical proximity anywhere, anytime. With 5000+ users registered already (pre-revenue) and 100+ meetups since beta launch, Pop’s potential for widespread use is boundless. When incorporated into an existing community, Pop could greatly enhance community-building attributes while bolstering the revenue of any company it is adopted by. Building a social network can be cumbersome and time-consuming. Integration of Pop within an existing company means integration of a full product buildout, including location-based services, communication between users, personalized recommendations and notifications, and a matching algorithm to connect those with similar interests. Some potential areas of application we see for Pop’s technology include travel, online communities, HR engagement, distributed workforce, conferences, and education. Traveling and events-focused companies have the opportunity to use Pop to help travelers create and discover activities and peers, adding revenue by partnering with restaurants and accommodations on the map; Social applications and online groups companies may use Pop as a means to enhance connections across the globe, foster a stronger sense of community despite distance, add a map interface, and target audiences seeking in-person interaction; Human resources looking to improve employee sense of belonging (particularly across a distributed workforce) and a better understanding of company culture through backend data may benefit from implementing Pop; Conferences have the potential to be enhanced by allowing for networking and connection in smaller groups outside of the event, enabling connection in more casual environments and events happening in your area. Education and edtech companies may utilize the product’s anonymous interface to combat judgment and cultivate a more connected student population. Pop’s original business model was to sell the mobile SaaS solution to schools and universities for a monthly fee. Due to factors largely attributed to the Covid-19 pandemic, this revenue model did not pan out. In the meantime, however, Pop grew a strong end-user community of 10% of the total student body of the University of Texas at Austin. We’re confident that implementing Pop's services in an internal community or existing platform could add new revenue and/or enhance community-building. Though our original thesis on the revenue model and customer was incorrect, we believe Pop could be a great opportunity to strengthen engagement or add a revenue stream if integrated into another community No debt, have raised money on SAFE notes at a total of $189,000 with the highest valuation cap at 3M.
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201-1017 Fort Street, Victoria, BC, V8V 3K5