ID: 9944

19.06.15

Investment projects and startups in Ukraine

DevBattles.com - Community of IT professionals

InVenture Startup Review: "DevBattles" - Community of IT professionals

Location:

Тернополь, Тернопольская область, Украина

  • Sector: IT and telecommunications
  • Business activity: Information technology and services
  • Stage: Startup
  • Required investments: $300 000
  • Type of investment: Equity
  • Share in capital: 5%

PROJECT DESCRIPTION

DevBattles.com - Community of  IT professionals

The slogan: "Discover your potential"

Sector: IT sphere

Geographic focus (current): Ukraine, India, the United States, Portugal, Russia, Israel, Pakistan, the Philippines, Brazil, Poland, Canada, Indonesia

Geographic focus (in the future): the EU countries, China, the US, England

Founding date / start of the project: June 2014 (the introduction of the English version - October 14, 2014)

The history of the company development (data / month): June-October 2014 - Work on functionality of resource, the creation of the design, structure of services, communication with the first users (Russian version) in October 2014.- introduction of the English version, increasing the number of users, the improvement of product (users profile, redesign)

BRIEF DESCRIPTION

Solvable problem (essence, alternatives, why it is necessary, proofs): multifunctional solution of needs IT sphere: programmers are always looking for simple solutions to complex and / or old problems, DevBattles this proof.

The solution: multi-function, consisting in:

  • unique solutions for communication of one lap
  • user access to the relevant information in the IT sphere
  • improving and testing its skills in the IT sphere
  • job searching through vacancies and resume

Size of the market: the global, the world IT market

Competitive environment: Facebook, Stack Overflow, Dou.ua, Habrahabr, Linkedin

The uniqueness and competitive advantage of the product: multifunctionality, narrow-profile

Conformity of product to time / trends : an active development of IT sphere, personalization, self-development, the need for narrow-profile and specialized communities.

STATUS OF IMPLEMENTATION

Project status: implemented product

Current income / profit: no income

Current capitalization (estimated cost): 100, 000 $

Main assets (tangible / intangible): Web resource, a domain name, trade name; customer base, database of resume and companies from around the world.

The latest round of attracted investments (sum / investor): 20 000 $

Traction: -

Key clients: programmers, web designers, gamers, IT professionals, software companies, Internet service providers, e-commerce, HR companies, CEO, startups, QA companies, and so on.

BUSINESS MODEL

Earning model (monetization): vacancies  distribution, search for employees according to their CV, buying and advertising of DevPoints - assessment of internal activity score

Consumer segments: the whole IT market

Sales channels and marketing: social networking, targeting advertising, direct contact with clients

The metrics and strategic purposes (finance, human resources, product, marketing / sales)

PROJECT TEAM

Project participants (roles, responsibilities, experience - track-record, stakes to the project):

  • Vitol Lubomir (SMM, Development, work with clients) 35%
  • Berezhnik Alexander (web development, design) 35%
  • "E - volution" (Zagirska Maria, Buriy Vladimir) 30%

Staff:

  • Maxim Dzhuliy (web development)
  • Oleg Savka (SMM)

The consultants / mentors:

  • Vladimir Buriy
  • Maria Zagirska

INVESTMENT DEMAND

The amount of required investments: $ 300,000

Investment terms (offer to the investor): $ 300 000 = 5%

Preferences of investors: no

OUTPUT FROM THE PROJECT

The projected capitalization (after 3/5 years): $ 6,000,000

Location

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