Deal Flow (Volume I)
Fashion / CPG/ AI / VR / SaaS / HealthTech / Health & Wellness / Social Media / Entertainment / Gaming
Howdy Y’all!
First off, I want to thank you for subscribing to EBITDALIYA.
I hope everyone is off to a killer week thus far! While this is my first time crafting up a newsletter, any feedback is welcome and would be greatly appreciated.
I wanted to create a space where I can share deal flow to the investors in my network.
CPG/ Fashion
Contenders Clothing (CPG / Media and Entertainment / eCommerce) Raising $4M Series A, with $500K committed. Founder is a serial entrepreneur with 2 exits. An e-commerce platform with major marquee licenses: WWE, MGM, Viacom, Warner Bros, Paramount, Sony, and licenses to all 3 Creed films, Ted Lasso series, and heavyweight champion Tyson Fury. Has achieved $1M+ ARR, with new apparel drops every 2 weeks. They are the only trusted e-commerce platform with high end apparel in media and entertainment.
Reuben Oliver (Fashion / CPG / Sustainability) Raising $1.5M Seed with $250K committed. Sustainable luxury fashion knitwear, made with plant based fibers. Achieved $60K MRR, and in collaborations with 20+ partners and retailers including Soho House, Nordstroms, Revolve, Kith, Fred Siegel, and Bergdorf Goodman. Has 50+ celebrity partners including ZEDD, and featured in premiere magazines like Bazaar, GQ, Variety, Milan Fashion Week.
O'o Hawaii (Beauty / CPG / Sustainability) Raising $2M, founder is a serial entrepreneur with 1 exit. A lifestyle brand with organic skincare products, made with volcanic ash soil , plenty of antioxidants, and super foods. Has since achieved $1.5M in revenue with 70% profit margins.
Thr3efold (Fashion / CPG / SaaS) Raising $500K Pre-Seed, bootstrapped thus far and revenue positive. A B2b SaaS platform for CPG and the supply chain streamlining communication, efficiency, and sustainability using a two-sided review platform for brands and logistics. In partnership with 30+ factories worldwide with 20+ known brand customers. Currently, participating in a fashion bootcamp led by Prada, Gucci, and Moschino.
Tresarti (Fashion / AI / Sustainability) Raising $500K Pre-Seed. A digital tailor, using advanced AI technology for body measurement and custom high quality shirts. Fast fashion is broken, quality is poor and there's high churn. They have since achieved $10K MRR, with an average order value of ~$180, and 300+ paying customers. Partnered with one of the biggest textile producers in Italy.
Jemma (Fashion / CPG) Raising $5M Series A with $1M committed. High quality fashion bags for the modern working woman, at a middle market price with quality similar to Prada and Louis Vuitton. Achieved $1.3M+ ARR with an average order value of $450. Partnered with Verishop and lifestyle influencers, leveraging vlogging that has converted to an increase in sales/traction.
HoneyDrop (Beverage / Health + Wellness) Raising $5M Series A, with $500K committed ($400K from Founder, Dad was lead investor in SOBE). Cold pressed juices, wellness shots, and lip balms made with Manuka Honey and only a handful of organic ingredients. Distribution in New York / LA in 75+ Whole Foods and Erewhom. Achieved $500K ARR, with high profit margins. Partnered with 20+ lifestyle, music, and content creators and Sponsored by Coachella, Stagecoach, SuperBowl, Mammoth Film Festival, and Honeylove.
Matador Meggings (CPG / Apparel / E-Commerce) Raising $600K Seed round, with $1.2M ARR after launching 1.5 years ago. The founder previously worked for Facebook and IBM for 8+ years. The average customer owns 9 pairs of leggings, with a 40% customer return rate and only 2.8% product return rate. Noteworthy highlight: Mark Zuckerberg purchased 15+ pairs and has been seen wearing them on social media!
AI / VR
NIFLR (B2b SaaS / AI / Fintech) Raising $3M Seed, with $1.5M soft committed. A payment processing platform for retail stores. In diligence with a VC, and an LOI with a strong strategic partner, distributing product to 18K+ retailers with a $1M soft commit. They have sold 400K+ products and achieved $2.5M ARR. While also having a partnership with Intel, collaborating on software solutions and OEM. Based in India - Delaware incorporated.
Euler Innovations (AI + VR / Travel) Raising $500K Pre-Seed, with $300K soft committed from a VC. B2b2c AI + VR travel assistant, improving travel experiences by personalizing your travel based on your interests, launched in the U.S. and LatAm. Partnering with property owners, realtors, and hotels. In partnership with IBM to run development and improve their software.
TagSpace (SaaS / VR + AI) Raising $1M Seed, with $500K in commitments and $300K+ ARR. The squarespace for mixed reality, providing VR and AI tools to build your own entertainment events, for telcos, sports venues, festivals, and media. VC backed and in partnership with 42+ Telcos, Deutsche Telekom, Live Nation, Google, Microsoft, and Ericsson. Based in Australia.
Kairos Collective (AI + VR Marketplace / Female Founded) Raising $1M Seed, with $350K committed. Home decor marketplace powered by AI, matchmaking products to your personality. Achieved $930K ARR with 164% YoY growth.They are transforming the way consumers shop for their home, with 40K+ products listed on site, with an average order of $3K+ per customer. Founder is a neuroscientist with extensive experience applying AI to human behavior.
Marion Surgical (HealthTech / VR) Raising $1M Seed, with $200K committed. VR for surgery, founded by a founding team of surgeons. Used to improve performance and minimize room for error for specialized and complex surgeries. In Partnerships with 8+ hospitals and universities including UPenn Medicine. Has $500K in YTD revenue.
Fitness / HealthTech / Entertainment / Gamification / Social Media
Zuri Health (HealthTech / Minority and Female Founded) Raising $1M Pre-Seed, with $600k committed. Virtual hospital marketplace solving the lack of medical services in Africa, by providing a comprehensive solution expanding universal access to virtual and in-home care, book appointments, order prescriptions, and connect with a physician via SMS with 380K+ subscribers. Launched this year and have since achieved $250K in revenue, with 5K+ doctors onboarded and 15+ Telco partners. Delaware incorporated.
Hidden Bands (Social Media / Gamification / Female Founded) "Raising $1M Pre-Seed, previously raised $700K in non-dilutive capital. The PokemonGo for music – gamifying music discovery for the superfan music enthusiast. Featured as the top 20 music tech startup, with 20K+ users and 250+ artists onboarded. Currently in discussions with music labels and 8 partnership LOIs.
AiWeen (Social Media / Female Founded) Raising $250K Pre-Seed. The social platform for entrepreneurs to connect and match for opportunities, think Instagram meets TinderExceptional team, with their CMO previously working for Motorola, AmEx, and Metlife. With 8K+ users and on track to grow 20% MoM.
Palco (Entertainment / Gamification) Raising $500K Pre-Seed with $300K committed. An interactive entertainment and sports streaming platform with trivia games. Has a VC as their lead investor, and contracted with 5+ entertainment partners with $200K YTD revenue and $10K MRR.
MatchDog (Social Media / Wellness / Dogs) Raising $450K PreSeed, a platform to connect dog owners for playdates. Achieved 130K+ users in Mexico, Madrid, and the U.S., while being #1 on google play and #6 in the Apple store in Mexico. 17K+ MAU and over 260K+ playdate matches. Previously premiered on SharkTank Mexico.
Bracketology (Gamification / SaaS / Entertainment / Female Founders) Raising $1M Pre-Seed, with $150K committed and $55K ARR. Fantasy gaming platform for reality TV, piloted with The Bachelor and The Bachelorette. Partnered with Hers, Rent The Runway, and CBS: Survivor. Achieved 600K+ users, without spending anything on marketing.
Fan Fair (Social Media / Music / Minority Founded (African American)) Raising $500K Pre-Seed with $170K committed and VC backed. Social network for artists to connect, collaborate on content, and share to each other's fan base. Record labels emphasize the importance of a fanbase, and FanFair creates more exposure to solve that problem. Hosts mixers in metropolitan cities in Nashville / Austin, Los Angeles, and New York. Partnered with French Montana and 5+ music studios.
PolyArt Studio (SaaS / Gaming) Raising $700K Pre-Seed, with $212K ARR. Gaming development solution aiming to redefine how creators and gamers build virtual worlds. Utilizing unique product customization, automatic, and AI to generate thousands of high quality variants. 4500+ users with 65% being repeat customers. Partnered with Unity (gaming developer).
RookMotion (Fitness / SaaS) Raising $2M Seed, with $20K MRR. A Fitness platform providing user analytics and classes, compatible with Apple Watch, Garmin, and Android. Eliminating the need to purchase new hardware. Partnered with 5+ gyms. Delaware incorporated.
WeTennis (Fitness / Gamification / E-Commerce) Raising $650K Pre-Seed. The Strava for tennis, leveraging gamification to promote social competition. The team consists of professional tennis players and coaches, and they are partnered with tennis clubs and universities throughout Europe. Averaging 500+ DAU with a 2-sided e-commerce platform. Incorporated in the UK.
Doodeo (Social Media / Gig Economy / Marketplace / Music / Gamification) Raising $1.2M Seed with $60K committed. Book artists and entertainers that perform for you virtually. Onboarded 3500+ musicians, growing 111% MoM, and generated $390K for creators on the platform. Leveraging gamification to increase retention and revenue. Delaware Incorporated.
Avaana (Health and Wellness / SaaS / Marketplace) Raising $1.5M Seed with $300K committed. A B2C health and wellness marketplace, connecting people looking to improve their self care journey. A CRM that integrates with all your apps, and assists in obtaining government accreditation to unlock additional revenue streams. Achieved $1.2M ARR and partnered with Kinnex Health and Pinnacle Health Group. Incorporated in Australia.
Wizama (Gaming / Entertainment) Raising $5M Seed with $1.4M committed. The modern day Jumanji, recreating the way in which people play interactive board games together. With a 100+ gaming catalog, 15+ gaming licenses including a fan favorite: Game of Thrones. Have since achieved $250K ARR, and in 10+ partnerships with a 5M customer base. D2C in Europe and the US.
Homebody Live Fitness (Fitness / SaaS / Health and Wellness / eCommerce) Raising $2M Seed with $450K committed. An all-in-one marketplace for health and wellness creators to monetize their content. Has generated $6K+ for creators on their platform, and leveraged their influencer and athlete network with Bravo and Bachelor nation.
Challenge Time (Fitness / Social Media) Raising $800K Pre-Seed. Social media platform for fitness and sports enthusiasts, allowing users to compete in challenges and win prizes for free. Offers enhanced interactive advertising with all challenges sponsored by brands. Have 15+ Olympians. Delaware incorporated.
Gourmetmiles (Fitness / SaaS / Health and Wellness) Raising $650K Pre-Seed. A diet monitoring app, with a weighted scale solution the size of a credit card for easy-on-the-go food measurement. Ideal for diabetics and individuals on strict diets. Integrates with all your fitness apps, and offers a personalized dietician. Has achieved 3K+ users in first month of launch.
Riff (Social Media / Creator Economy / Music / Fintech) Raising $1M Seed, with $700K committed. A full service social platform for creators and artists, serving as a business partner analyzing their audience and financial data. Achieved $1k MRR, and 5k+ artists including NLE Choppa, Nicki Minaj, Payton Smith, Kat & Alex, and Shekinah Anderson (3.7M followers).
SaaS
TopCorp (SaaS/Big Data) Raising $1.5M Seed, $550K committed. Gearing up to raise Series A in Q1 of 2022. Has NBA players on cap table and in talks with other professional athletes for this round. Their technology enables brands and broadcasters to gather customer data, utilizing polling, voting, and ads across all digital platforms. The founder is exceptional, with 15+ years experience as the VP/SVP of Walmart and eBay. They are rapidly growing and up 40% from last year, working with major brands like Procter & Gamble, GameStop, Kanye West, and many others. Currently in discussion with MLB, NBA, Adidas, HBO with LOIs from other top corporations and brands.
Vome Volunteer (SaaS Marketplace / Social Impact) Raising $1M Pre-Seed with $525K committed. A SaaS solution to manage social impact initiatives and non profit organizations. In partnerships with 200+ organizations, and expanding nationwide.
BiteUnite (SaaS Marketplace / Food / Female Founded) Raising $2M Seed with $550K in YTD revenue. SaaS marketplace for food entrepreneurs with a food delivery and takeout component. Current go-to-market in San Francisco and Hong Kong, with 25K+ customers and in partnerships with local chefs and influencers.
SuperPhone (B2b SaaS) Raising a $10M Series A and is the first full-featured, automated, scalable inbox / CRM for managing any volume of text giving brands, artists, and high profile individuals a platform to drive commerce and manage relationships. Founded by producer and singer, Ryan Leslie. Has achieved 88.8M messages sent via platform with $1.8M ARR, while growing 50% YoY. In partnership with Sony, RCA Music, and P.C. Richard & Son.
NOBL (AdTech / SaaS / Media) Raising $5M Seed with a $1M commitment, and $900K ARR. Working with brands and advertisers to analyze and integrate content, leading to lower CAC and engagement. Current clients: include SunLife Financials, Peloton, Adidas, Google, Toyota, Lexus, Cisco, Carnival Cruise Lines. This product seamlessly integrates into any platform and only requires a "one-click" activation.
Meat App (Marketplace / Food / SaaS) Raising $1M Pre-Seed, with $100K committed. A marketplace for homemade foods, offering a la carte services such as private in home dining. Achieved an average order value of ~$45, with 500+ orders placed on the platform. Has access to a 30,000 customer pipeline, and is actively running 5 pilots in Latin America.
Yolly (Fintech / Enterprise / SaaS) Raising $1M Seed, previously secured $745K from government funding. A financial management platform with tools for small and micro businesses, as well as freelancers. Achieved 1K+ MAU paying customers, integrated with 5K+ lending institutions, and revenue positive. Awarded best management solution by KPMG.