Short Summary

Physeek a mobile phone app to do an activity while keeping safe with the in-app safety feature. Nearly 1500 downloads on a prototype with zero advertising. Product followed by 3 online articles, 2 radio interviews, generated 1.4k users in 19 months

Overview

Target
A$2,500,000
Minimum
A$200,000
Investment Raised
N/A
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role

Highlights

  • Nearly 1500 downloads on prototype with zero advertising
  • Includes a safety feature with location tracking and a panic button
  • B2B offering adds value to organisation Health & Wellbeing programs
  • Less than 20K subscription units to breakeven, $4M profit in first year
  • Systematic expansion from Australia market into US, UK, Canada and Asia
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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