Angel Round Options Pool
€1M target
25% equity
€3M pre-money
King Of App is a company with a great team with more than 15 people. We raised more than 2M of euros in investment, and won the H2020 of the European Union. Our challenge is to change the world with a b2b tool for create amazing mobile apps.
Vision: Think about the next years and imagine that all companies have its own mobile application. Not only to delivery their own content like the websites do, but to generate powerful engagement between brands and customers.
King Of App is a Content Management System that allow people without programming skills to create fully customable mobile apps.
We have created a unique, open source technology that works like a puzzle, allowing you to connect 3 kinds of pieces: Themes, Modules and Services.
Our technology will improve the sector because designers and web developers create more than 50 MM of websites every year, and app developers only 500 K. But the designers, and web developers they can’t develop apps because they don’t know enough Knowl...
King Of App is a company with a great team with more than 15 people. We raised more than 2M of euros in investment, and won the H2020 of the European Union. Our challenge is to change the world with a b2b tool for create amazing mobile apps.
Vision: Think about the next years and imagine that all companies have its own mobile application. Not only to delivery their own content like the websites do, but to generate powerful engagement between brands and customers.
King Of App is a Content Management System that allow people without programming skills to create fully customable mobile apps.
We have created a unique, open source technology that works like a puzzle, allowing you to connect 3 kinds of pieces: Themes, Modules and Services.
Our technology will improve the sector because designers and web developers create more than 50 MM of websites every year, and app developers only 500 K. But the designers, and web developers they can’t develop apps because they don’t know enough Knowledge.
And all the studies told us that the market have to increase exponentially. This market move more than $20B in 2015 and the predictions say that they grow to more than $70B in 2017 and we could be in the heart of the market.
Our technology allow web developers and web designers to create apps with the same knowledge that they build websites.
Obviously we are a mobile app builder. This idea is not new and you probably have heard this before but all our competitors are close builders. You don’t have the option to access the code and the customizations available are very limited.
In the other hand, KingOfApp technology is open source. Thanks to this you can modify anything and this is a key changer for our target customer. This also means that you can create or modify all that you want.
Business model: Freemium in app purchase.
We make money with our market place that’s is integrated in the platform, where every web designer and developer can sell their blocks of code or buy for work and create more faster and cheaper way. We get a 30% percent fee of every transaction. This is the same model Envato is using now a day, only in 2014 they sale more than 200 MM only in themes. We also have a recurring payment products like auto compilation and auto publication.
The greatest thing about our market place is that our providers are also our clients, this reduces the amount of enforce needed to make it work and success in the mobile application business.
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