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Successfully funded
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Paradym is an emotional intelligence (EI) coaching app. It believes EI is the pillar of happiness and wellness, and is a proven component of success. It is obsessed with people living their fullest, happiest lives. Paradym's way: Emotional intelligence. Coaching. Community.
- Relationships: WeWork Labs (300k members), Startups: Quiqup (Series A) & The Family (1bn portfolio)
- Developed own IP with pHd psychologist candidate: emotional intelligence program
- Existing community of 400+ global users since launch in November 2018 with 0 marketing spend
- Global userbase: 46% US, 41% UK, 9% Canada, 3% Australia, 2% South Africa
Paradym has raised £250,000 prior to launching their campaign on Crowdcube which is represented on the progress bar for clarity. This investment is on the same terms as offered to Crowdcube investors. £42,000 will be spent during the course of the campaign
Idea
Imagine knowing yourself so profoundly that you understood your core values and what kind of life would make you happy. Imagine knowing yourself so acutely that you could manage your moods, stay calm and even pull yourself out of a bad day. Imagine understanding your lover so well that he/she doesn’t need to verbally tell you how he/she is feeling, or understanding your team so well, you could help them flourish. This is Emotional Intelligence. “The skills associated with EI...promote both personal growth and wellbeing” - Yale Center for EI.
Paradym is a tool to acquire those skills. We guide you through a structured process and ask questions to challenge your perspective. There are 3 stages: I) self awareness II) focused growth on a chosen topic: love, success, body, identity III) Community: peer, therapist or coach support.
We have 2 revenue streams: tiered subscription & B2B. Since launch in 2018, we've signed Quiqup, our first B2B client, joined WeWork incubator, giving us access to 300k members and seen organic growth in our userbase with international reach: currently 46% US, 41% UK, 9% CAN, 3% AUS and 2% Germany.
Work wellness is a £43B global market. Our immediate revenue focus is 10% of the £240M UK startup market.
In 2019 our plan is to increase our userbase by investing in marketing and further developing content to trigger product revenue and sponsored content.
THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS. CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest. The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan. There will be no public offering of the Securities in the United States.
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7. Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear. Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage. Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company. Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
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