• KissHugs
  • Kiss me or Hug me!

  • New YorkNY, United States
Successful
  • Startup Traction
    • Startups-followers
    • Bigcolors Followers
      • 15
    • Views
      • 1.56K
      • (up 39)

  • Startup Idea

KissHugs is an application that connects you to single friends of friends on Facebook. Every day at 9am, you are greeted with a photo of potential love. If you romantically like what you see, send them a KISS. If you would like to seek a plutonic friendship, send them a HUG. If you are just not interested, NEXT please! KissHugs may help you find that special someone or it may give you another good friend.

  • Market Opportunity

KissHugs marries both the online matchmaking and social networking. The online matchmaking industry reached over USD$1.2 billion in 2013. This is projected to double over the next 5 years. There are giant competitors such as Plenty of Fish, eHarmony, and RSVP. However, research shows that niche match making companies still remain successful and with the new wave of smartphone applications bringing the industry to more people, there will continue to be strong growth. There is a strong case for KissHugs and significant market opportunity as people now spend more time on dating apps than dating sites. The mobile dating revenue is expected to be more than $415 million in the next 5 years.

  • Business Model

KissHugs will be free to download. Once downloaded, you have 5 days to meet new single people. Once this time period is up, you will be offered the opportunity to continue using KissHugs by purchasing the application. The application will cost a once off USD$2.99.

  • How funds raised will be used

Funds will be used to design, develop, test and build the application. Once there is a prototype, a small portion of the funds will be used in a beta launch to test the market.
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  • Supporting Documents

Founders

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Worked in banking for several years, crazy about mobile apps and passionate about helping people find love.
Hong Kong




Updates


Max Vung has updated how funds raised will be used to Funds will be used to design, develop, test and build the application. Once there is a prototype, a small portion of the funds will be used in a beta launch to test the market.
5 months ago
Max Vung has updated how funds raised will be used to Funds will be used to design, develop, test and build the application. Once there is a prototype, a small portion of funds will be used in a beta launch to test the market.
5 months ago
Max Vung has updated location to New YorkNY, United States
5 months ago
has updated logo
5 months ago

Comments


Noavatar-card
Well done on getting funded!
4 months ago
Thumb_card_brandonjackson
How long will it take to build the app? Are you launching just on OS or also Android?
5 months ago