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Social Network Website Investment Opportunity in Stockholm, Sweden

Company having a social media app that enables fans/companies to connect with influencers/celebrities seeks investment.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Stockholm
Local Time 3:26 PM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 54 thousand for 50.0% stake (Native Currency: SEK 600,000)
Reason: We are seeking investment capital to fuel start-up activities and launch marketing efforts and ongoi... View More
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Business Overview

- We have developed a cutting-edge platform that connects fans/companies with influencers/celebrities.

- Our clients will have the capability to live stream across multiple platforms simultaneously while accepting cash and/or credit for views.

- All-inclusive fan services such as calls, messaging, streaming, and requests for celebrity interactions without using multiple apps for the same goal.

- Each celebrity will have his/her own pricing models and we will charge a commission on that. Moreover, we are developing subscription models for live streams as well.

- We started developing the mobile app this year itself and have spent over SEK 1 million in research and development. Will start generating revenue from the beginning of next year.

- Promoter has more than 5 years of experience in this field.

- We have many personal connections and contacts which will help us to on-board celebrities.

- Profile is handled by the promoter whose professional career requires movement between Norway and Sweden. Currently, he is working remotely from Norway.

Products & Services Overview

Our platform will provide the end user with the following features:

• Livestream – celebrities, influencers, speakers, and other famous streamers alike can create their livestream directly from our platform and stream the same video on their other platforms as well. Users can pay a low subscription fee, pay the interaction fee, and send a request to communicate with their chosen live streamer.

• Calling – celebrities can also participate in encrypted phone calls with the paying fans.

• Chats – Online chat is another option for fans and celebrities to connect, these chats are encrypted as well.

• Group chats – This feature offers multiple fans to collaborate and interact with a given celebrity at the same time. This feature enhances special occasions, those affected by distance, and other possibilities.

Assets Overview

We own intellectual property assets like an app and a website worth SEK 3.2 million.

Facilities Overview

We do not have a physical presence at the moment. Our business at this point doesn't need an office space and everything can be handled remotely.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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