Diemlife

Diemlife

Platform helping organizations manage communities and events

Print
Security Type
SAFE
Categories
Other
Min Investment
$20
Location
New York, NY
Offering Date
July 11, 2020
Expected Close Date
October 09, 2020
Target Raise
$100.00K-$1.07M

Company Description

We help organizations engage with their communities in ways they can’t on traditional social media platforms. Typically, initiatives are not well organized or well connected across channels. Our platform helps launch events, fundraisers, and campaigns - linking points of action all in one place.Our goal is for DIEMlife to become the world's largest social network of action. We hope that every organization will use DIEMlife to engage with their communities, although that cannot be guaranteed.. Through this, we can better understand how people engage with others and launch their ideas.

We have five enterprise clients including four universities with annual platform subscriptions and a growing pipeline of national campaigns planned for 2020 and beyond. We believe we are on our way to making our 5-year vision a reality.

Perks

Invest $250+ for Name displayed in our founding member page as a Bronze sponsor.
$500+ Name displayed in our founding member page as a Silver sponsor. Custom video thank you from the founders.
$1,000+ Name displayed in our founding member Quest as a Gold sponsor. Custom two hour virtual goal setting workshop hosted by the DIEMlife founders.
$2,500+ One year Startup level platform subscription. Can be gifted to any organization in your name.
$5,000+ One year Pro level platform subscription. Can be gifted to any organization in your name.
$10,000+ VIP Founding Member designation on the platform. Access to a private live violin performance by co-founder Yoo-Sun.
Invest $250+ for Name displayed in our founding member page as a Bronze sponsor.
$500+ Name displayed in our founding member page as a Silver sponsor. Custom video thank you from the founders.
$1,000+ Name displayed in our founding member Quest as a Gold sponsor. Custom two hour virtual goal setting workshop hosted by the DIEMlife founders.
$2,500+ One year Startup level platform subscription. Can be gifted to any organization in your name.
$5,000+ One year Pro level platform subscription. Can be gifted to any organization in your name.
$10,000+ VIP Founding Member designation on the platform. Access to a private live violin performance by co-founder Yoo-Sun.

Key Deal Facts

Five enterprise customers with annual platform subscriptions, avg $4500 ARR from 4 Universities.
Focusing on digital health & wellness - $371B market with 28.5% CAGR
CEO has 20 years of startup and corporate experience, CLO is Juilliard trained performer and coach.
$140K of fundraising & ticketing volume handled year to date. 114% avg growth last 3 Q's.
Strategic partnership with Syracuse University- national campaign launching in 2020.
Angel investors: Spartan Race co-founder, 8 time Tony award winning producer, former CEO of Citadel

Management Team / Advisory Board Bios

Timothy Midgley
CEO
20+ years of tech startup and corporate experience. Competed in some of the world's toughest ultra-endurance challenges- placed 3rd at the Spartan Summer Death race.

Yoo Sun Park
CLO
Juilliard trained performer and coach experienced in fitness and personal development, ”Elevating the Alum” creator and event producer.

David Tuttle
VP of Engineering
Startup veteran. Led teams in mobile, PC, and cloud development. Built the world's largest Wi-Fi platform at Devicescape. Harvard grad.

Karthik Sridharan
Strategic Advisor
I was raised in New Hampshire, went to Penn, and love living in New York City. I am the co-founder and CEO of Kinnek, a B2B marketplace.

Tiffany Gallagher
Tourism, Sales, and Marketing Advisor
DIEMlife's Tourism Guru. Career and personal passions center around community collaboration and wellness.

Samaya Sinha
Digital Designer
UI UX designer, product strategist, startup cheerleader!

Yewen Tang
Digital Design Intern
UX designer/researcher | Studying Integrated Product Design @UPenn

Eric Hoffer
Business Development Advisor
I am an investor and advisor who works with founders on product strategy, bringing a value network approach combined with user experience level consideration.

Petr Kokorev
Software Engineer
Innovator, programmer and CEO of Iterial
Amount Raised : $102,301
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments