POV (we've all been here before)

Invitation to a bachelor party in Las Vegas this September? Awfully tempting to pull the trigger without a second thought when considering such a trip six months down the road. "Funding that trip is a future me problem," you might say. But this is a dangerous trap to fall into. 

Fast forward six months and that excitement you once had abut the weekend getaway has now turned into regretful anxiety.

For starters, you're a Vegas first-timer and naively unaware of the fact that 36 hours in this city for a celebratory weekend will run you about $2,000... a little off from the $500 you had initially planned to spend. To make matters, you totally spaced that cruise you planned with your significant other in early October - casual $4,000 outing - and rent ain't getting any cheaper! 

Had you only been able to foresee this storm brewing in the distance, you could've made a few minor adjustments in the months leading up to this costly stretch and fared just fine. Maybe that impulsive decision to buy VIP tickets for Taylor Swift next month wasn't such a great idea after all 😑. 

But that's what credit cards are for, right? 

That might help explain why 67% of Americans ages 18-34 carry credit card debt. We've decided life's too short to spend our money on houses and cars (boring), and that we'd prefer to make our memories through adventure. But living a happy life on the go comes with one crucial caveat: having the foresight to know how these costly experiences impact our finances before that moment is already upon us. 

That's why we've built the first solution that helps us proactively plan for the future based on the plans made today, so that we can focus on the fun while letting Foresyte handle the finances. 

Join us in our mission to provide this generation with the tools to maximize life experiences, while eliminating uncertainty

Foresyte closes out a huge week, welcoming over $67K in new investments 🔮

The company was featured this week in StartEngine's top 3 campaigns with "Most Momentum" on the platform; a remarkable achievement for a campaign just starting to hit its stride. 

Speaking of traction, our numbers since entering the market last August:

• 10,500 Installs (+600 weekly)
• 4,900 Users (2,300 MAU)
• $2.47 CAC
• 4.6 Star Rating

The market has spoken. The world wants more Foresyte. Join us as we continue to scale our product to new heights.

Armed with its renewed focus on travel, Foresyte has rallied $55K in the past 36 hours 🔮

Perfect time to join the party! Become a part of our journey and join our fast-growing community of investors. 

The team at Foresyte has taken a bold stance in repositioning its product as a travel-first solution, bridging crucial financial context with how we plan our experiential lives.

18-34 year-old Americans travel an average of 35 days per year, while spending 72.7% more on vacations than Boomers, despite carrying a staggering $117K in average total debt. This generation overwhelmingly prioritizes experiences > materialism, yet 67% of us don't have a system for budgeting or planning our finances.

The problem has never been a lack of commoditized budgeting resources within a heavily saturated market. No, there’s a reason 67% of us ignore those products. Those products are intimidating, they report on un-actionable spending history from the past, and they don't provide the preemptive insights we need to know the outcome before it’s happened so that we can actually prepare ourselves for the costly experiences we pursue.

It's time we reframe the approach. It's time we have a solution that helps us be proactive as we plan for life's fun and meaningful moments. It's time we all have a little Foresyte in our lives.

Exclusive insider view of CEO, Stephen Eddy, presenting the Foresyte story in front of a live advisory panel. Board of advisors share unfiltered feedback on the product vision, business model, and fundability of the company. 

Something magical is stirring within the Foresyte community. We've always known our social planning environment fuels a powerful network effect. However just in the past week, our user referral flywheel has begun to accelerate, dramatically.

Since Feb 22, our users have sent out 80 referral invitations, and 20 of them have already converted into full users. Word of mouth has always been the best form of growth, and the word is finally starting to get out on Foresyte.

We are quickly approaching a viral tipping point; and things are about to get very interesting.

(source)

First and foremost, thank you to the whole community of Foresyte investors who’ve contributed to the success of our raise during its first 35 days. I felt this was a good time to reflect on the remarkable growth and product maturity our business has experienced over this past month.

Growth — Ken Waks, Co-Founder & CMO

Ken Waks has stepped in as Foresyte’s CMO and latest member of the co-founding team, bringing a breadth of B2C distribution experience from his two tenures at Google and Walmart Connect, in addition to his 700K follower reach as a prominent TikTok influencer. Under his lead over the past few months, Foresyte has managed to drive its cost per install all the way down to $2.44 in January while sustaining 600+ new installs per week. Our recent pivot to freemium and introduction of the popular “monthly orb challenge” has also started to stimulate Foresyte’s network effect, driving over 252 referral invitations sent by our users in the past month alone.

These exciting growth trends propelled Foresyte past a big milestone over the weekend: 10,000 installs.  (4,800 users; 2,200 MAU)

(Source)

Vertical Search — Dylan Thomas, Co-Founder & CTO

Dylan Thomas, who was recently promoted to CTO, led the technical feat to launch ‘vertical search’ within Foresyte's existing Travel Planner environment, enabling users to apply advanced search parameters based on their departure airport, travel dates, lodging preference, and budgetary constraints, which produces a comprehensive cost analysis of traveling to any global destination matching their search criteria. Prices are aggregated from the following sources with incredible accuracy, delivering a groundbreaking depth of insight that financially equips our users for their next getaway:

• Flights: most convenient / lowest price flights from Google Flights
• Lodging: highest-rated / lowest price from Booking.com
• Wining/Dining: menu aggregates from Google’s “Top 10” recommended restaurants.
• Transit: daily aggregates from local ride-share providers

I recently had a couple warm intros with Super and Hopper (on hold) to chat about platform syndication to support our travel booking experience end-to-end. More updates to come.

(source)

Future of Travel — Robinick Fernandez, Co-Founder & Dir of UX/Design

We’ve doubled-down on our travel vision and recently brought on a new Director of UX & Design, Robinick Fernandez, who has over 10 years of design experience. His early impact has been noticeable and we’re moving quickly to establish ourselves as THE comprehensive travel solution the world uses to discover and financially plan for new experiences.

This opens up a fascinating new ‘promoted placement’ revenue stream by way of brokering a highly targeted distribution network for all services related to travel:

• Preferred pet boarding providers
• Preferred trip prep services
• Featured resorts
• Featured travel excursions  
• Featured restaurants and night life

What Google is for top-down search discovery, Foresyte will be for travel discovery.

Business Outlook

Despite our pool of talent and rapid growth, we’ve continued to operate lean with a gross monthly burn rate under $25K. We recently partnered with external advisors, Mark Gannot and Adrian Rubstein, who both have strong experience in diligence and valuation, to build an accredited financial model which projects a highly profitable future for the company: $125M in gross revenue by 2027

1. One-Pager.pdf

2. Pitch Deck.pdf

3. Financial Projections Dashboard.xlsx

We look forward to welcoming a broad community of investors to join us in our mission to build a comprehensive destination for finance, fun and travel, empowering more people to enjoy life’s great adventures.

Best,

Stephen

We're excited to see continued support from our community! Foresyte Insiders have invested a total of $2,203.76 into the offering to date, and we hope you join as well.

Cheers,

Foresyte Team

(source)

Back in in September of 2022, Foresyte celebrated a modest, yet noteworthy milestone of having eclipsed 1,000 active installs. Despite it having taken us two months to get there, this had been a big accomplishment for our team who'd been fighting hard at the time to gain a foothold with distribution.

Five short months since that time, Foresyte now celebrates an even more remarkable milestone: 10,000 installs.

Words cannot express how proud I am of my team for their hard work, execution, and unwavering fortitude throughout this past year, enduring through good times and bad to help see this vision through 👏

Next stop, 100K!

Best,

Stephen