Foresyte

Foresyte

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Security Type
Common Stock
Categories
Financial Services, Technology
Min Investment
$198
Location
Chicago, IL
Offering Date
January 20, 2023
Expected Close Date
April 24, 2023
Target Raise
$10.00K-$1.24M
No. Investors
153
Security Price
$0.82
Valuation
$7,468,560
Website
foresyteapp.com
Number of Employees
8
Cash
$44,162
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$43,875
Net Income
$-205,771

Company Description

Foresyte is a one-stop-shop for planning and budgeting for the discretionary parts of life, providing our fast-growing community of users with one comprehensive destination for financial planning, a social calendar, and travel planning.

Key Deal Facts

We combine budgeting services, a social calendar, and travel planning into one sleek, intuitive app to help our users reshape how they make plans in their lives. According to our research, our Total Addressable Market (TAM) is valued at $9.3 billion while 86.4% of 18 - 34-year-old Americans are interested in using Foresyte. Currently, we have 7,400 total downloads to-date.* We recently launched our innovative Travel Planner feature which shows the total cost of traveling to any city around the globe based on crowdsourced insights from fellow Foresyte travelers, and our upcoming chat feature will soon allow our users to bring the banter to social planning.

Management Team / Advisory Board Bios

Stephen Eddy | Founder, CEO 
Prior to Foresyte, Stephen spent 3.5 years at G2 as a technical project and product manager. During his time there, he led several big ticket initiatives and owned the product lifecycle of two core G2 assets which were scaled to prominence under his lead:

- MyG2 Campaign Dashboard – ideated & launched this G2 equivalent to Google Ads, producing over $1M in campaign spend in the first six months alone

- G2 Data Cloud – governed G2’s cavernous data infrastructure, spanning nearly a dozen siloed data sources and hundreds of millions of records. Led a team of 7 data engineers to automate processes and deliver solutions to market which directly influenced over $2M in annual recurring revenue during his time leading the team

Dylan Thomas | Co-Founder, CTO
Dylan has 3+ years of experience testing and building software as an engineer, including 2 in the SAAS industry.

Prior to Foresyte, Dylan served as a DevOps engineer for Xactly Corp, a SAAS sales performance management company, where he led the effort to implement multiple high impact solutions including a global content delivery (CDN) using Azure cloud services.

Dylan obtained his BS in Business Management from Colorado State University, with a concentration in Innovation and Organization Management. After graduating from CSU, Dylan quickly moved into software engineering as a self taught engineer.

Ken Waks | Co-Founder, CMO
Ken oversees Foresyte’s PR and distribution strategy end-to-end. Between his two tenures at Google and Walmart Connect, he brings a deep knowledge of B2C distribution, in addition, to a 700K follower reach as a prominent TikTok influencer, which has been a key driver behind Foresyte's organic growth. Under his lead, Foresyte has driven its cost per install all the way down to $2.47 while sustaining 600+ new installs per week.

Robinick Fernandez | Co-Founder, Director, UX & Design
Robinick has over 10 years of experience in digital design and is the latest member ofForesyte's co-founding team. Through his keen eye for product design, he has brought new lifeto Foresyte's product vision and is a key driver behind the company's ambitious plans for travel.Robinick conducts user research, ideates user flows and wireframes, designs intuitiveinterfaces, and oversees the development of the app’s visual design.

Tarun Sahu | Senior Engineer 
With over 7 years of experience working in the Swift / iOS environment, Tarun is a full-stack engineer who brings a wealth of knowledge to the product team and is responsible for developing many of the core features seen on Foresyte today.

Kevin Corboy | Junior Engineer
Self-taught and passionate about his work, Kevin is a talented UI developer who works closely with the design team to optimize user experience and refine the visual aesthetic of Foresyte.

Elena Eddy | Community Specialist (Intern)
Elena brings a wealth of experience in community management, helping Foresyte build its organic social reach and drive down its user acquisition cost on TikTok and Instagram.

Amount Raised : $150,038
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Security Description

Common stock is a security that represents ownership in a corporation.

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