INVEST IN FORESYTE TODAY!
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.
the pitch
Foresyte is on a mission to revolutionize the way young professionals make financial plans in their busy lives. A national survey conducted by Anthology Research Firm found that over 67% of Americans ages 18-34 are currently unserved with budgeting, among whom 86.4% responded with interest when presented with our app. Foresyte helps our users budget for the future by intersecting three distinct product categories: financial planning, social calendar, and travel planning. With a total addressable market valued at $9.3 billion and a month over month growth rate of 105%, we are ready to grow our platform into a one-stop shop for users to get the most fun out of life.
Overview
At Foresyte, we designed an app to give young professionals total peace of mind while making plans for life’s fun and meaningful moments, such as vacations, bachelor parties, festivals, concerts, game nights, date nights, golf outings, and more. We make budgeting approachable, effective, and social, helping users track how the plans they commit to today impact tomorrow’s finances. Our technology is patent-pending, and our leadership team has significant experience in product management and software engineering.
The Problem & Our solution
Currently, two-thirds of Americans ages 18-34 are underserved in their budgeting needs. However, this demographic travels an average of 35 days per year with a 72.7% higher annual vacation spending than Boomers, even while carrying an average of $117K in total debt* (Source | Source | Source). According to our research, 86.4% of this generation would be interested in a product like Foresyte (Source).
*Note: "Average total debt" comprises credit card debt, student loans, personal loans, medical debt, auto loans, and mortgages.
Foresyte goes beyond simply reporting on spending history by combining our budgeting framework with a social calendar and travel planner to help our users plan ahead for the fun moments in life. We offer a 30-day free trial prior to enrolling users in the $4.99 monthly subscription cycle.
With a 31% conversion rate on getting new users to subscribe over the past five weeks, we believe that we are successfully proving out of the market for our paid offering while simultaneously laying the groundwork for a backdoor freemium pivot in Q1 of 2023 (Source). Our hope is that this model will further stimulate top-of-funnel growth by providing free access to our core social calendar features, and entice free users to upgrade to the paid version in order to access the premium financial and travel planning features.
Additional revenue channels we plan to explore with freemium include display ads and booking syndication commissions sources from third-party booking partners such as Expedia, Booking.com, OpenTable, & StubHub. Expedited withdrawal fees generated by in-app cash exchange infrastructure will tentatively debut in FY23 (i.e. think Splitwise, but for group travel, entertainment, dining, or other social occasions).
Our unique services include:
*The aforementioned booking functionality is an anticipated event that has not yet occurred. This function is currently under development and is not commercially available at this time. This statement does not guarantee the booking functionality's launch, performance, or future success.
the market & Our Traction
Our total global available revenue is valued at $9.3 billion, with 80 million total target customers in the U.S. alone (Source). During Foresyte’s short 130 days in market, the company garnered:
Our in-house TikTok influencer has a following of 694K+ as of January 11, 2023 (Source). Of Foresyte's current 500 weekly average installs, TikTok is currently responsible for roughly 75% of that weekly tally, driving over 370 weekly installs and doing so with a cost-per-acquisition trending under $3.46 per install (Source | Source). Foresyte holds provisional patents on four unique technologies. We have recently been featured on several prominent publications, including Product Hunt, Tech Times, NY Weekly, LA Weekly, The UBJ, VC Post and Go Solo. Perhaps one of our most valuable assets is our relationship with Heinrich Marketing, a top-notch marketing service at no cost to us.
*The above testimonials may not be representative of the opinions or experiences of other users and is not a guarantee of future performance or success.
Why Invest
In building our visionary three-pronged approach to budgeting for young professionals, we found a way to deliver a great product, progress swiftly through feedback loops, and quickly penetrate an underserved market on a shoestring budget. With strong early traction, demonstrated interest from 86.4% of young Americans, and a multi-billion dollar TAM, we believe that we are primed to reshape the world of personal finance and discretionary planning.
Invest in Foresyte and join our mission to provide more people the opportunity to get the most fun out of life.
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.
- 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
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
Director, Social Strategy
Tarun Sahu
Senior Engineer
Kevin Corboy
Junior Engineer
Grace Saldana
PR & Media Specialist
Elena Eddy
Community Engagement Specialist
Erica Schmidt
(Former) Co-Founder, Director of Field Marketing
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Foresyte, Inc |
Corporate Address | : | 3021 N Southport Avenue Apt 4A, Chicago , IL 60657 |
Offering Minimum | : | $9,999.90 |
Offering Maximum | : | $1,234,999.54 |
Minimum Investment Amount(per investor) | : | $198.44 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 12,195 |
Maximum Number of Shares Offered | : | 1,506,097 |
Price per Share | : | $0.82 |
Pre-Money Valuation | : | $7,468,560.00 |
Perks
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Time-Based:
Friends and Family Early Birds
Invest within the 72 hours and receive 15% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive 5% bonus shares
******
Amount-Based:
$1,000+ | Premier
Complimentary lifetime subscription to Foresyte
$2,500+ | Silver
2% bonus shares
Complimentary lifetime subscription to Foresyte
$5,000+ | Gold
5% bonus shares
Foresyte branded Nike hat
Complimentary lifetime subscription to Foresyte
$10,000+ | Platinum
10% bonus shares
Foresyte branded Nike hat
Complimentary lifetime subscription to Foresyte
$20,000+ | Diamond
15% bonus shares
Foresyte branded Nike hat
Complimentary lifetime subscription to Foresyte
The 10% StartEngine Owners' Bonus
Foresyte, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $0.82 / share, you will receive 110 shares Common Stock, meaning you'll own 110 shares for $82. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative. Inter company debt or back payments.
01.27.23
The team at Foresyte is thrilled to announce the anticipated debut of our freemium subscription model. Upon registering for an account, new users can now select between a Foresyte's Starter and Premium plans, the former of which will provide users with free / unrestricted access to all core social calendar features found in the app today. We believe this update will drive significant impact for Foresyte's social planning flywheel effect.
Foresyte's premium financial and travel planning features will be gated from access for users who select Starter. After having exhausted their free "one-time-use" access token for a premium feature, freemium users will be prompted to upgrade to the paid monthly subscription plan in order to regain access to said feature. Upgrading will incur an immediate $4.99 charge to a user's account and will automatically enroll this user into the $4.99 monthly billing cycle required to retain premium access.
We are very excited to continue accelerating Foresyte's already strong viral growth by way of this scalable revenue model.
Cheers,
Foresyte Team
01.27.23
The team at Foresyte is thrilled to announce the anticipated debut of our freemium subscription model. Upon registering for an account, new users can now select between a Foresyte's Starter and Premium plans, the former of which will provide users with free / unrestricted access to all core social calendar features found in the app today. We believe this update will drive significant impact for Foresyte's social planning flywheel effect.
Foresyte's premium financial and travel planning features will be gated from access for users who select Starter. After having exhausted their free "one-time-use" access token for a premium feature, freemium users will be prompted to upgrade to the paid monthly subscription plan in order to regain access to said feature. Upgrading will incur an immediate $4.99 charge to a user's account and will automatically enroll this user into the $4.99 monthly billing cycle required to retain premium access.
We are very excited to continue accelerating Foresyte's already strong viral growth by way of this scalable revenue model.
Cheers,
Foresyte Team
Invest within the first two weeks and receive 5% bonus shares
Members get an extra 10% shares in addition to rewards below!
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
Early Bird Bonus
Invest within the first two weeks and receive 5% bonus shares
$1,000+ | Premier
Complimentary lifetime subscription to Foresyte
$2,500+ | Silver
2% bonus shares Complimentary lifetime subscription to Foresyte
$5,000+ | Gold
5% bonus shares Foresyte branded Nike hat Complimentary lifetime subscription to Foresyte
$10,000+ | Platinum
10% bonus shares Foresyte branded Nike hat Complimentary lifetime subscription to Foresyte
$20,000+ | Diamond
15% bonus shares Foresyte branded Nike hat Complimentary lifetime subscription to Foresyte
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