Airchip - Funding need: € 900.000
Airchip solves waiting lines by rethinking the way people order and pay at events.
product
We believe that when you enjoy life, you don’t want to waste time standing in line. Using our app you can top up your balance and then order your products on the screen. Finally you can ‘Airchip’ your order for easy pick-up, or even get it delivered right on the dancefloor. Our wrist mounted staff app helps workers process more orders, and our data insights help improve efficiency for the organizer.
Events often experience harsch network conditions and temporary internet infrastructure is costly. Airchip is built around reliability and will remain to work without the internet. Our platform also offers new ways of service with the use of technology. Imagine renting a digital festival butler that serves you drinks anywhere, or a busy food truck festival that offers table service.
Team
Founding team:
Daniel van Drunen - Music festival entrepreneur
Bart Peute - Ticketing software creator
Joeri de Wit - Online marketing and data specialist
Development team:
Jan ten Kate - Product owner, previous geomatics engineer
Oliver Carr - CTO & Backend engineer
Jairo Bambang Oetomo - Lead iOS developer
Mustafa Kücüksengün - Lead Android developer.
Traction
Since september we have built and shipped to the app store a product that is ready for sales this summer. Since then we have organised three test events in bars and our office that resulted in amazing user feedback. This quarter, we are showcasing the tech to strategic partners and organisers. We are planning to deploy the first events in the next quarter.
Business Model
- License - fee per user billed to organiser
- Subscription - fee per month charged to venue owner
- Ad revenue - resulting from customer insights right on the platform
Funding need
We are looking to raise €900.000 to hire a customer success team, expand our engineering staff and have working capital to cope with the seasonal business of music events. This should result in a minimum of 18 months extended runway and a viable business, catering to the 27M+ event visitors in the Netherlands.
