BEST Startup One Pager – Glocal USD 500,000 round for 3,5% of the Holding company
Website localization system, to attract customers
Short description: Glocal helps companies reach foreign markets, get organic traffic and speak the language of their clients. For example, you are a migration lawyer from New York and you want to attract clients from Mexico. Our service will translate your site and show as local to Spanish speakers. A person looking for a lawyer in America will find your site in Spanish in both Mexico City and Texas
Type of business: B2B SaaS
Planned geography: 🌎 America, 🌍 EMEA, 🌏 APAC
Market: $57 billion global market for language services (Source). We run on Cloudflare, they generate $656m with CARG - 56%(Source)
Competitors: Lokalise round B - $52M, Weglot Round A - €42M, Smartling Round E - $160M
Project Development:
- Breakeven in 2 months.
- Subscription price (average) USD 1,000 monthly, CAC = USD 46. Margin - (write to CEO olga@gloc.al with NDA request and we will say) of the subscription price, the cost of attracting a new user - ~20% of the subscription price.
- The number of B2B BAYERS ready to install the system before the release - 480,000+ per year according to our contract with G2.com
- Potential revenue before the official launch of sales - USD ??????/month
Investor request: entry point - USD 250,000 for 3,5%, step down - USD 145,000 for 1.75%. The company's maximum percentage for all investors is 16% for future fund entry
Revenue Forecast:
- 2022: $(34 000) (reality +- with small angels commit)
- 2023: $877 000
- 2024: $2 288 000
Project launch date: September 10, 2022
Who is working on the project: Unicorn Witnesses, a distributed international team
Contact for negotiation: https://gloc.al our CEO email for contact: olga@gloc.alo