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Soulmate
The Smarter, Safer Way to Meet
www.soulmatedating.co
Problem
Millennial Issue: They want to find a relationship, but don’t trust dating apps because all of the catfishes and scammers
Catfishing is a huge problem in online dating. According to the FBI,
Problem
Americans lost more than
$600 million
in 2020 from online romance scams.
https://rb.gy/4k8nd8
Solution
Solution
The Smarter, Safer way to meet through AI-powered facial recognition to protect users from fraud.
Product Roadmap
Onboarding
Preferences
A wide selection of preferences allow users to be specific about what they seek in a partner
The focus here is for members to build a full profile so members get the full picture of who they are
Product Roadmap
Discover
Facial Recognition
User finds their Soulmate
We reinforce trust with members by protecting them from fraud
The Numbers
Financial losses from catfish scams have been rising
The Numbers
64% of catfishes are women
23% of men admit to catfishing before
23% of women admit to catfishing before
https://rb.gy/hdfsy1
Competitor Analysis
Hinge
Soulmate
Bumble
Match
Tinder
Face Verification
Yes
No
$106.99
($17.84/mo)
$74.99
($14.99/mo)
Advanced Filters
FREE
$4.99/mo
$32.99
Unlimited Likes
FREE
$4.99/mo
$47.99
($7.99/mo)
$74.99
($14.99/mo)
Undo Pass
FREE
$4.99/mo
$14.99/mo
$106.99
($17.84/mo)
*Pricing represents best value offering
Competitive Advantage
Proprietary software sets us apart
Finally a dating app that solves the issue of online scamming!
Competitive Advantage
Secure
Labor costs
Patent pending
Business Model
Licensing
10% (industry average)
Subscriptions (est.1% of users)
In-app Purchases (est. 5% of users)
Industry Revenue
$2.82/purchase
$21.6/mo
Match: $2.1B x .10 =
$213M
Business Model
Net: $188M x .10 =
$18.8M
Tinder: $1.4B x .10 =
$140M
$4.28/user
Bumble: $582M x .10 =
$58.2M
OKCupid: $115M x .10 =
$11.5M
$10M
Zoosk: $100M x .10 =
Net: $17.1 x .10 =
$1.71M
*Based on model of competitors
*Blue = net revenue (else not publicly available)
Gen Z
Millennials
Gen Z
Team
Miles Hannah
Anar Jafarov
Founder & CEO
Backend Developer
10+ years of experience, leads all systems architecture.
Team
Rakesh Patel
Lead iOS Developer
Passionate Entrepreneur
4+ years of experience, leads all frontend development efforts.
B.S. Computer Science, Morehouse College
Systems Engineer, Truist Bank
iOS Developer (1 year)
Soulmate
LET’S CREATE A SAFER WAY TO MEET!
Miles Hannah
Soulmate
Founder & CEO
miles@soulmatedating.co
404-783-6440