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@cyventure · channel · filtered by CY Venture, Startup, M&A, etc.
CY Venture, Startup, M&A, etc. 2023-06-06 09:22 UTC
140 #healthtech #bridgeround #startup #ai

**WEIGHT LOSS DANCE APP WITH AI FEATURES

📱About the Product
**We have developed a mobile dance app which helps people lose extra weight without stress.

**🎯The Main Features of the App are:
**1. Creating a personal dance plan
2. Real feedback from dance instructors
3. Video social feed with likes, comments, and more
4. Users can record and share their dance results in the feed
5. Referral program for dance instructors and bloggers, they can earn money from user acquisition
6. Users can get achievements after completing dance classes
7. Over 350 dance classes and 18 styles

**💻 Our AI Features in development now
**1. Live Burned calorie Calculator
2. Dance Performance Evaluation
3. Dance Classes In Any Language

**⭐️ Exclusive Contracts with Dance Influencers:
**- American TV show Lizzo's Watch Out For the Big Grrrls
- Ambassador of Nike

**🌎 Market
**At this moment, our team is focusing on the US market, but we are also testing some European countries such as France, Germany, the Netherlands, Sweden, and Switzerland. In the future, we may launch our app on the European market too.

**👥 Target Audience
**Women aged 29-54.

**💢Problem
**WEIGHT LOSS IS DIFFICULT AND BORING FOR PLUS-SIZE PEOPLE.
41.9% of adults in the USA suffer from OBESITY.
121M plus-size people in the USA, and 2B - in the world with an annual growth rate (CAGR 2022-2025) of 24.8%.

**🥊 Decision
**WEIGHT LOSS WITHOUT STRESS.
🕺Dance classes are just as effective as regular fitness or running.
🕺It’s easy and fun. No equipment is needed, and it's so cozy and friendly atmosphere at home.
🕺3 in 1: Burn calories, boost endorphins, learn new moves.

DANCE IS MORE THAN FITNESS

**☑️ Done
**iOS app + (access on TV)
Android app + (access on TV)

**📊 Traction
**▪️$453K revenue (2022)
▪️$42K revenue (April 2023)
▪️6K paying users
▪️16.5K MAU
▪️I2P = 5.56%
▪️LTV:CAC = 1.29

**🔝How We Will Grow?
**Currently we are on a bridge round ($500K: $300K deal closed, looking for $200K). It will help us to make $7M in 2023.
Our minimum investment amount is $60K.

**💸 Investment Details
**$200K Founder's investment
$300K Angel's investment

🏢 Company registered United States

Запрос питчдека и/или интро через @olegcyprus
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