Wednesday 8 February 18:00 - 21:00

8 Berkeley St
8 Berkeley Street
London
W1J 8DN

Registration
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Pre-seed fundraising round - private investor pre-launch event

Business & Professional

This is a private event for investors to learn about Foogin's investment round ahead of the public and hear from the industry experts.

Foogin is publicly launching it's pre-seed investment round in Feb 2023. This is a private event for investors wishing to learn about the round ahead of the public launch.

Hear from the industry experts and network with other investment professionals.

Event structure:

  • 6ο»Ώpm - doors open
  • 6ο»Ώ.30pm - round table discussion: "Current and future challenges of the corporate wellness industry" ( Caroline Frankum - CEO @ Kantar, Ryan Hopkins - Future of Wellbeing Lead @ Deloitte, Aleksandra Jakovska - Global HR Business Partner @ EDF Trading.)
  • 7.30pm - 4-minute workout from Sophie Pittaway - World Kickboxing Association Champion, Founder @ KICK Lifestyle).
  • 8ο»Ώpm - Pitch from Vasily Alekseenko - Founder @ Foogin
  • 8ο»Ώ.30pm - networking
  • 9ο»Ώpm - end of the event

Event address:

Jο»Ώoe & The Juice : 8 Berkeley St, London W1J 8DN. (Nearest tube station - Green Park)

Please note that the event is only open for the INVESTMENT COMMUNITY.

Pre-Seed Investment opportunity – AI & GPT-3 powered B2B wellness marketplace*** opening the round in Feb 2023***

Business Overview:

Foogin is changing what employee wellness benefits mean for companies. Through Foogin, employers can provide their employees with access to bespoke LIVE wellness-related classes and webinars that are created to meet the individual needs of each employee. Uniquely combining classes taught by real-life professionals and technology in the form of AI, machine learning, and GPT-3 Foogin makes the user experience even more personal and engaging, taking wellness benefits to the next level and offering better ROI to employers.

The Problem:

UK employers lose up to Β£56bn per year due to poor management of employee wellness and well-being, which impacts retention and acquisition rates and overall financial performance. 67% of employers report struggling to address these needs.

The Solution:

Foogin is a revolutionary AI & GPT-3 powered platform that offers businesses custom wellness content at a fair price, tailored to the specific needs of each employee – increasing engagement and ROI for employers. Although AI-driven, the content is led by professionals in real-time.

Market Opportunity:

The value of the global corporate wellness market in 2021 is estimated at Β£44bn. It is expected to grow at the CAGR of 7% and reach Β£67bn by 2027.The European corporate wellness market is valued at Β£15bn in 2022, whereas the UK market is valued at Β£431m.

Validation:

  • 39 executives and decision makers interviewed at SME and Enterprise level
  • 82% of interviewees agreed that Foogin would benefit their employees
  • 62% of interviewees would subscribe to Foogin
  • 43% of the interviewed companies were added to the waiting list

Market Positioning:

We’re the only bespoke, scalable and diverse solution in the market powered by AI:

  • Custom-created LIVE content across 35+ disciplines
  • AI & GPT-3 powered personalization and ROI tracking
  • Scalable solution for any size company

Revenue Model:

Annual subscription business model aimed at achieving Β£100m in Annual Revenue by Year 5 with a 57% Gross Margin (based on 1,514 Customers and Β£66K Average Annual Revenue per Customer).

Management Team:

  • Vasily Alekseenko – Founder, CEO
  • 4 years of start-up experience in senior roles
  • 10+ years of finance sector revenue generation experience
  • Organized and led wellness retreats
  • Younes Boulahya – Developer
  • 10+ years of coding experience
  • Full-stack developer
  • Engineering background

Investment:

Β£1,400,000 (minimum investment ticket is Β£100,000)(SEIS & EIS Available)

  • Launch product to market
  • Product development
  • Reach Β£70K+ in monthly revenue
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