Pitchel: Nexus of Ideas, Opportunities, and Investments
More soon, the new social network Pitchel will be launched to provide investors and startups with a simple and easy-to-use platform for effective communication. Pitchel is a mobile app with intuitive functionality where startups can pitch their ideas to a wide audience in a video format. With its help, startups will be able to find investors interested in new projects and receive funding to realize the ideas.
Importance of platforms for startups
According to the SBA research, 33% of startups are funded for less than $10,000. It’s a small amount to fast growth and scaling of the business. Therefore, startups face the problem of looking for additional funding that will allow them to realize ideas, grow the company, and increase profits.
Specific platforms help startups pitch ideas to a wide audience and make it easier to find investors. Their functionality allows owners to create a startup profile, and describe the product and the problems it solves. This approach helps potential investors more easily find suitable companies and communicate with the founders.
Investors often look for early-stage companies that have the potential to generate revenue in the future. Therefore, it is also relevant for them to have a platform where they have access to various innovative ideas or products.
Such platforms also help startups get feedback from investors and other users, as understanding the market demand for the product and the viability of the business model is very important for the startup’s realization. According to the Forbes article, most innovations fail because entrepreneurs invest more resources to improve a product without involving the customer and testing their willingness to pay and use it.
How does Pitchel work?
Pitchel is a user-friendly social network for startups, investors, and users looking for inspiration and seeking to track trends across industries. The concept of Pitchel is a news feed that is composed of video presentations of startups and can be customizable by country and category. Liked videos are saved in a separate folder in the user’s account, to which the user can return at any time and re-watch the desired presentation.
To join Pitchel, users need to take a few simple steps.
- A startup, investor, or other user downloads the app and registers on the platform. All they need to start using the app is an email, name, and a strong password or Google/AppleID account.
2. Startups need to make a video presentation that will be displayed in the users’ feed, then fill in the basic information about the project, team, and the main idea that will give investors a first understanding.
3. Investors and other users only need to register, complete a short survey, and set up filters in the feed to see only those offers that will be interesting to them.
In the Pitchel app, startups can swiftly and effortlessly present their ideas, investors can discover projects and choose any to invest in, and idea-seekers can find inspiration for their future achievements. All users can communicate with each other within the application, clarify project details, and share tips for improvements.
Features of Pitchel
Pitchel has key features that make collaboration on the platform unique, simple, and efficient.
1. Inspiration and idea exchange. Pitchel users can keep abreast of all the trends in the startup world, see other people’s ideas and interest in them, communicate with like-minded people, and start their journey.
2. Personalized experience. The Pitchel algorithm learns the user’s interests, proposing investment opportunities that best match the profile.
3. Global access to ideas and opportunities. All anyone needs to start is a smartphone and a network connection. The social network format allows everyone to participate in investments and discover attractive projects without geographical boundaries and the difficulties of entering various industries.
4. User-friendliness. The app’s intuitive interface allows for quick navigation and easy access to the desired information.
5. Support for startups. The Pitchel team offers consultative support, providing tools for effective communication between startups and investors.
The Pitchel app for successful collaborations
Startups, investors, and inspiration seekers from all over the world can find each other on a single platform within their smartphone, to realize ideas, invest in new projects, and communicate with like-minded people.
Startups can emphasize their value and uniqueness in an easy-to-understand video presentation format to spend minimal time searching for additional investment and effectively grow their business. Investors can discover promising industries, learn about innovations and trends, get acquainted with project teams, choose the idea they like the most, and finance its implementation.
Every Pitchel user can discover new opportunities and reach their goals faster.