CREATORS · SMALL PITCH ELEVATOR PITCH Transforming music into vibrations that are created to...
Transcript of CREATORS · SMALL PITCH ELEVATOR PITCH Transforming music into vibrations that are created to...
Founder/CEO CTO DeveloperIT Project manager,Developer
CREATORS
SMALL
PITCH
ELEVATOR
PITCH
Transforming music into vibrations that arecreated to enchance music experience for peoplewith hearing disabilities.
AG Vibes focuses on expanding the wayhow people with hearing disabilities canperceive music in concert and home environment.
PROBLEM SOLUTION
People with hearing problems can partially hear music (distorted), but can’t enjoy the music as fully as people with undamaged hearing. That takes away full enjoyment and experience that music can bring. In public places (as clubs and concerts) it can be discomforting to not be certain if dance moves goes in the right rythm, but in home spaces it’s hard to comprehend music in great detail.
We create welfare technology, tactile audio suit that transforms music into vibrations. Person can still partially hear the music live or on headphones, but the vibrations helps to comprehend music, it’s rythm and all in all - vibes.
BUSINES/REVENUE MODELS
Main revenue modelis B2C.Main partners: hearing loss and event organizaitons.Competition:Subpak, Music: Not impossible, The soundshirt.Competitive advantages: 1.Detailed music choreography from home and concerts2.Price performance
Main income
1. Freemium application;2. Tactile audio suit;3. Software used to generate vibration choreographies for events.
Market
Globaly in 2019 there are 466 million people with hearing disabili-ties. In 2050 it is estimated (by world health organization) that there will be 900 million people with hearing disabilities. We are focused on Europe, where there are 22.6 million people with hearing disabilities. Age is varying between 20-60 years.
GENERALINFORMATION
FOUNDED: 18.09.2018
URL: https://www.agvibez.com/
Contact: +371 27753665
E-mail: [email protected]
Funding
Funding needed: 45K for software developement, hardware developement to get to manufacturing stage and R&D.
Key milestones Alpha prototype, tested vibration choroegraphy, 3K grant from Producedevelopement project, 4K for business travels from Latvi-an investment developement agency.
Current status
2019 pre-incubation period in crea-tive incubator (Magnetic Latvia), 2020 Buildit, developement of beta prototype