City Nest
Date of Foundation

City Nest

Your Essential Guide to Urban Living

The Idea origin story

Our startup, City Nest, is a user-friendly mobile app specifically designed for individuals transitioning to a new urban environment. As an aid for relocation, whether it's for work, education, or a lifestyle change, it offers personalized guidance to smoothly steer you through your journey. City Nest provides crucial insights, from understanding different transport modes to profiling various local neighborhoods, ensuring you swiftly adjust and feel secure in your new city.

The Mission

City Nest: Guiding people through urban transitions, making relocations seamless by familiarizing new locales and transport modes.

Clients

Anyone relocating to an area they have never lived before

Problems we solve

Client’s problem

the various amounts of platforms and methods - asking friends and family, to googling the open web, to self study - that one has to go through to tends to lead to "buyers remorse" within the first year. Typically leading to "if only I would have known"

Confirmation of problem

The majority of new city dwellers experience regret within the first year due to a lack of comprehensive orientation.

Solution

City Nest is your single, comprehensive source for relocation—providing education on the city's history, economy, neighborhoods, events, and transportation options.

Our technologies

This solution is based on technologies

Our startup, City Nest, is a dedicated mobile app designed to guide individuals through the many challenges of urban relocation. We aim to make transitions seamless by providing personalized assistance—from understanding local transport to profiling neighborhoods—helping you familiarize and feel secure in your new city. Our customers are primarily those moving to unfamiliar areas for work or lifestyle changes. City Nest tackles the problem of "buyer's remorse" often felt within the first year of relocation due to incomplete information about their chosen destination prior to moving.

How it works

An application that the user interacts with

Value for the client

City Nest turns unfamiliar cities into homes, eliminating guesswork by providing personalized transition guidance to new urban dwellers.

Market and strategy

Market size

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

25

% of the market

Is our goal in the next 3 years

Team

My name’s

Tyler Williams

My key role in the product

My key role is Founder and CEO, responsible for product development, fund raising, establishing strategic partnerships and day-to-day operations.

Team size and key members

Expanding my team would include roles such as a co-founder, software developer for product development, marketing lead to drive customer acquisition, and potentially an HR person for talent management.

Competitors

Competitors

While multiple apps like Nextdoor, Zillow, Meetup and Citymapper cater to specific city-living needs individually, our startup 'City Nest' aims to be a comprehensive solution by providing all this information centrally in one app for hassle-free relocation.

Our Advantages

Our product harnesses the power of AI to constantly adapt and upgrade as new information surfaces. Moreover, it takes into account user opinions and data for comprehensive, dynamic optimization.

Business model

We earn via a freemium model, in-app advertisements and partnerships. Users access premium services through paid subscriptions.

Traction

Our product is in its nascent stage, still being meticulously designed and developed. Our team remains passionately dedicated to innovating and ensuring the delivery of a high-quality, game-changing solution to our target market.

Metrics

Our principal product metrics comprise of User Acquisition Rate, detailing the pace at which we secure new users. The Retention Rate evaluates sustained user engagement level over a period. Revenue Growth is instrumental in assessing financial wellness and testing business scalability.

Incorporation

Our company incorporated in

Key risks

The main risks could include competition from similar existing services, potential for slow customer adoption, reliance on accurate local information and fluctuations in housing markets or economic conditions impacting relocation rates.

Investments

$

We raised investments

Our Investors

Rising Investments

$

Currently, we are raising investments

$

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Idea