Paddock Trader
Date of Foundation
2023

Paddock Trader

a horse racing ownership hub

The Idea origin story

Paddock Trader aims to revolutionize the horse racing industry by creating a comprehensive ownership hub. It intends to bridge gaps between owners, racehorses, and potential investors by providing an interactive platform for buying, selling, and trading horses alongside accessible information about each horse's pedigree and performance history. The goal is to make horse race ownership more transparent and convenient for all parties involved.

The Mission

To make horse racing ownership accessible, affordable and agile. A world where every racing fan is a horse owner

Clients

horse racing fans worlwide

Problems we solve

Client’s problem

Your startup could solve the problem of high-cost barriers to entry by making horse racing ownership affordable. It could also provide an agile platform for racing fans worldwide to easily participate as owners. In addition, your startup could provide a unique, inclusive experience by creating a virtually connected but vast community of horse owners globally.

Confirmation of problem

many horse racing enthusiasts are unable to afford or manage the high costs and complexities of horse ownership.

Solution

A hub that streamlines all the processes of horse racing ownership. Buying , selling, earning, communicating, payment processing attending

Our technologies

This solution is based on technologies

An app that lets you manage your stable from anywhere in the world, anytime

How it works

Streamline your stable operations with our app that integrates buying, selling, earning and managing payments seamlessly along with effective communication.

Value for the client

Empowering every horse racing fan to be an owner, removing capital intensity and ensuring affordability with transparent operational costs.

Market and strategy

Market size

1600

mln/year

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

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

Rajiv Maragh

My key role in the product

My key role is CEO, and I'm responsible for strategic planning, executing growth initiatives, and leading the company's direction.

Team size and key members

Consider adding a product manager for product development and user experience, and a data analyst to interpret market trends.

Competitors

Competitors

Additional competitors might include Thoroughbred Racing syndicates that sell horse shares offline, traditional stud farms transforming into digitized platforms, and online betting platforms aiming to diversify their services.

Our Advantages

Experience budget-friendly investment with each share valued at .1% of a horse. Enjoy a predictable fixed daily maintenance cost without any surprising bills. Instantly receive payments directly into your wallet as your horse earns. Engage in peer-to-peer trading and gain access to an array of stables across the globe. If you change your mind, return shares instantly – it's that easy!

Business model

5% transaction fees $50 membership fee per month per member 5% fee of all earnings

Traction

We've successfully developed a working prototype, signaling an exciting advancement in our project. This crucial stage embodies our commitment to innovative solutions and forward progress.

Achieving profitable operations, our company has elegantly navigated the business landscape. The journey reflects a healthy balance sheet and revenue growth while maintaining cost efficiency - an ersatz testament to strategic foresight and efficient execution.

Metrics

Monthly Active Users (MAU) measure the count of unique users engaging with your product within a month. Customer Acquisition Cost (CAC) represents money spent to acquire new customers. Lifetime Value (LTV), calculates predicted revenue from a customer over their lifetime in your ecosystem.

Anticipating to kick-start operations, we're strategizing our financial metrics for an efficient & scalable growth trajectory. Aiming for strong revenue streams and lean costs, maximized ROI is in sight.

Incorporation

Our company incorporated in

Florida

Key risks

fluctuating market conditions, regulatory changes, poorly functional tech solution, errors in payment system.

Investments

$

3000

We raised investments

Our Investors

Rajiv Maragh 100%

Rising Investments

$

800000

Currently, we are raising investments

$

8000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Our inaugural product streamlines the ownership and administration of horses through a unified platform, fostering collaboration between diverse partners.

Idea