Uploaded byVietnam Innovative Startup Accelerator VIISA
5. Cyfeer
This document describes a user-friendly technology called CyHome that connects residents, property managers, and service providers. CyHome provides an overview of all apartments and residents, clear financial management, and communication channels. It offers convenient services like online payment and a private/public social network. CyHome's business model involves a monthly subscription fee per apartment and commission from service providers. It aims to serve the growing market of over 400,000 apartments in Vietnam, targeting property managers and residents. The startup is seeking $300,000 in funding to expand its team, acquire customers, develop additional revenue streams, and validate the market in Southeast Asia.
5. Cyfeer
- 1. user-friendly technology toconnect resident - manager - service provider
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- 4. Overview of allapartments and residents All process at one glance Clear financial management Thorough communication channel
- 5. Easy to use Selectivenotification Convenient services and online payment Private/Public social network
- 7. SaaS Monthly subscription from $1/apartment/month %commision from service provider BIZ MODEL
- 8. MARKET SIZE 1% 30% 37% 31% 2%Luxury High end Midend Affordable 21% 37% 26% 52% 201,862 apartments in HCMC 212,703 apartments in Hanoi Source: Q1/2017 Vietnam report CBRE MORE THAN 400K APARTMENT EXPECTED TO DOUBLE IN 2020 70% MID-END AND ABOVE
- 9. CUSTOMER INSIGHT Owner -occupier Q1 2017 31% Q1 2016 23% Q1 2015 65% Buy - to - let investor Q1 2017 50% Q1 2016 40% Q1 2015 15% Buy - to - gain investor Q1 2017 19% Q1 2016 37% Q1 2015 21% SHIFTING FROM OWN AND SELL TO FOR RENT Source: Q1/2017 Vietnam report CBRE
- 10. GO TO MARKET Website -Target property manager - Facebook Group - Target resident - Social listening - Customer understanding - Online Property manager club/group - Active member - Offline Institute/Training center - Devoted contributor - Real-Estate Agency - Sincere partner -
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- 13. OUR TEAM linhth@cyfeer.com CTO Samsung ContestChampion 3 years experience tungnm@cyfeer.com CMO TP Bank Senior SeA Bank Senior 6 years experience phong@cyfeer.com CEO Founder of BUOIStudio Founder of vnGame 8 years experience huongntm@cyfeer.com COO Hospitality management MBA Hoa Binh group senior 13 years experience
- 14. FUNDING 50% Team Expansion(to 22 members) 30% Customers acquisition (HCMC, Da Nang, Hanoi) 12% Additional revenue streams 8% SeA market validation (Cambodia and Thailand) Break even point in after 10 months We’re calling $300,000 12% Additional revenue streams 8% SeA market validation 30% Customer Acquisition 50% Team expansion
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