Great idea, fantastic team. With a generation of grandparents who are more tech savvy I think there is a lot of potential here. I have three concerns: First, with 50K users your revenue is under 50K/year, so how does this truly get to a multiple of your valuation? Second, if y...

Hey Alan! Thanks so much for your interest and your great questions. On the revenue side, we decided to prioritize product and funnel optimization over marketing and increasing revenue. After our Glamma epiphany, we started to see really great improvements in the funnel and increases in engagement, and we added a yearly and lifetime subscription option, so now we're raising on Wefunder to hire a Marketing VP and raise marketing dollars to scale all of this good momentum. On the defensibility ...

Hi, Maxeme I have a few questions regarding about your Company. Does your company offer any free trail? In the near future, have you considered to keep upgrading if its need it, for this app how many lenguajes is your target. last question, at the moment is there any Competiti...

Hi Santos, All great questions! 1) Yes, Caribu is free to download and free to try for 15 days. 2) We update the app almost every two weeks as we continue to upgrade the product and add new features. 3) We have seven languages right now but hope to have many more in the future. With customers in 164 countries we know we have many families that speak many languages. 4) When you think of what Glammas are using right now to build a relationship with their grandkids it's really just FaceTime, Sky...

When does your campaign close?

Hey Baron! We'll probably close when we hit our goal of $500K. Early bird went fast so make sure you get in before we raise the whole thing. :)

As someone who has been deployed as a contractor, this product seems awesome. To follow up on Alan's question though, revenue of only $3K+ a month is not very much. Given the product is up and running, is your priority still product optimization or now generating revenues? Is ...

Hey Marc, Thanks for thinking we're awesome. That's exactly why we donate subscriptions to all currently serving military. We know deployment is difficult for families. You're absolutely right, we've been dying to start focusing on revenue but knew we had to build a strong conversion funnel and unit economic engine first since we know from previous tests that we're really strong at the top of the funnel. We reduced marketing spend and have spent A LOT of effort getting to the pretty great con...

Not a question, I just wanted to say that this is wonderful idea!

Haha! We accept compliments all day, every day! Thank you Michael! Let us know if you do end up having any questions as you consider joining us as an investor. :)

Caribu Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Raised $1.3M from investors like AT&T and Rise of the Rest.

CEO was a senior leader at TFA, White House, Gates Foundation, and Office of Mayor Bloomberg.

50K users in 160+ countries.

700+ books to choose from in 7 different languages.

First-mover focused on grandparents who are a large and underserved market. $39B SAM in the US.

Team backgrounds include Disney, Aidoc, Y Combinator, and Booksicals.

CEO was 59th Latina to raise over $1M.

250,000 minutes spent on Caribu last year.

Caribu

Read and draw together in a video-call!

$1,426,069

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Caribu

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Team profiles

$1,426,069

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