Localized eCommerce platform for communities
We're driving a transformation in the 'shop local' movement by enhancing accessibility and convenience for socially-conscious digital consumers. We aim to streamline the process of supporting local businesses, fostering a sustainable economy on a community level.
Empowering local economies by revolutionizing the 'shop local' movement, enhancing access and convenience for digital consumers.
Glohaven is a multi-sided marketplace with 3 customer segments: 1) Host communities 2) Creators of local products and experiences 3) Socially conscious consumers
Gaps in technology are preventing tourism communities from controlling their own destinies in the digital world.
The digital world is fragmented, disconnected from communities, and controlled by the online giants who are extracting billions of dollars from local economies.
Our solution is to provide a localized eCommerce platform that empowers communities by bridging the technological gap, enabling them to take control of their destinies in the digital world.
We're revolutionizing local shopping by developing an inclusive eCommerce platform to empower communities and digital consumers. We bridge the technological gap hindering tourism-centric communities, preserving their digital destiny. Our customers include host communities, local product creators, and socially conscious buyers. We primarily leverage e-commerce technologies and AI-driven recommendations for this startup's benefit.
Glohaven supplies tourism communities with resources to build their own online marketplaces, augmenting local traffic and revenue.
They generate more online traffic, revenue, employment, and control on a local level
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is Co-founder and CEO, I'm responsible for setting strategic goals, building a productive team and sustaining company growth.
Angela Case, Co-founder & CCO, boasts 20+ years in entertainment. Todd Strilchuk: Co-founder & CTO, is a senior architect with 25 years in tech.
We sit alongside established players like Shopify and Meridian Reservation Systems, but differentiate ourselves in hyperlocal focus. We also compete with larger eCommerce solutions such as Expedia, Etsy, Amazon and SkipTheDishes that lack community-based approach.
Glohaven enhances local economies by boosting online traffic, elevating revenues, empowering control and creating jobs in the community.
Software as a service, monthly subscriptions starting at $30
We've proudly garnered 100 clients and realized $65,000 in sales. Strides have also been made towards service contracts worth $800,000 with three communities for an exciting launch of Glohaven scheduled in early 2024.
Our startup, Glohaven, has generated a robust revenue of $1 million. We've successfully broadened our reach across the entirety of Canada, positioning us as a national player in our industry.
Our key product metrics include: 1. Proportion of actives buyers and sellers, showcasing engagement levels; 2. Customer Acquisition Cost(CAC) to understand marketing efficiency; 3. Average Order Value (AOV), an indicator of purchasing behavior;4.Gross Merchandise Value(GMV);5.Take rate showing profitability and revenue patterns,and lastly,6.Liquidity indicating market demand-supply balance.
1) Revenue: $226,000 2) Gross Margins: 75% 3) Monthly burn rate: $5,000 4) Customer Acquisition Cost: $200
Our company incorporated in
British Columbia
The main risks for our startup include potential competition from large, established e-commerce platforms, difficulties in user adoption especially within traditional communities and the ever-changing technology landscape which may necessitate frequent adjustments to our platform's design and functionality.
$
600000
We raised investments
Angel investors and VC's with a total of 7% ownership
$
1000000
Currently, we are raising investments
$
$5,800,000
Estimated pre-investment valuation of the company
Glohaven is inventing the future of the shop local movement by creating a greater sense of community and connection to local in the digital world. With a heart and soul for 'local' Glohaven cares about people, the planet, and profits that fuel our purpose to create meaningful, impactful change in the lives and communities we serve.