Flat6labs Ignite Third Demo Day in UAE
Wednesday, 12 Oct 2022, 6:00 PM UAE 2:00 PM GMTFlat6Labs Seed Program brought in multiple world-class consultants, coaches and mentors to work closely with each of the startup teams, empowering them to achieve their business goals. Every week Flat6Labs facilitated networking opportunities to help the startups build and grow their networks and connect to global leaders.
Flat6labs Ignite Third Demo Day in UAE
Flat6Labs Ignite Program in Abu Dhabi was launched in March 2021 in partnership with ADQ’s DistruptAD. The outstanding graduating cohort has products and services across multiple sectors including EdTech, HealthTech, Cybersecurity, Real Estate, Construction, Sustainability, Automotive and Sports Engagement.
MEET THE STARTUPS
Company Brief
Fitlov is a managed marketplace providing fitness & wellness trainers on-demand, including personal training of any type, massages, life coaching, and nutritionists. Live in Dubai, Abu Dhabi & Sharjah with +100 active proffessionals.
Product
For consumer, Fitlov app helps you find and book personal trainers based on your geolocation, and manage all your training programs and progress in-app. For Trainers, Fitlov software offers an all-in-one solution including access to marketplace, CRM, and automations to help trainers be more productive and grow their business
Target Market
Fitlov is disrupting the personal training market, estimated in USD 470 M in UAE and USD 1.5 Bn in GCC, both growing at double digits.
Business Model
Mainly marketplace business model taking a commission of ~25% of the GMV. Additionally testing SaaS model in which trainers pay a monthly membership fee.
Company Brief
We help retail stores increase revenue by completely eliminating stockouts using an AI-powered POS system while giving the business owners complete visibility & control over their business.
Product
Our product is an AI-powered POS System that brings the power of demand planning to small to medium retail stores while streamlining retail operations and giving business owners complete control and visibility into their business.
Target Market
Our target market is small to medium retail stores in the Middle East.
Business Model
We charge clients an Annual subscription fee.
Lune Technologies Ltd.
Unlocking valuable spending insights for institutions and end users.
Know MoreeastCompany Brief
Lune is a UAE-based transaction enrichment and analytics platform. We are unlocking the value of transaction data across MENA by converting raw transaction data into valuable insights both for institutions and their end-users.
Product
We provide APIs for enrichment as well as plug & play analytics dashboard to empower use-cases across product recommendation, income verification, and credit scoring.
Target Market
Banks, fintechs and co-branded credit card providers across MENA.
Business Model
We employ a Saas-based pricing on the volume of transactions charged on a monthly basis.
Dardoc
Providing healthcare on fingertips through a network of nurses, caregivers, physios and other professionals.
Know MoreeastCompany Brief
DarDoc provides healthcare on demand to patients through our mobile application. Patients use our platform for hiring a nurse, physiotherapist, caregiver or other professionals on demand. With DarDoc, you get healthcare at home that is affordable, quality focussed and has real-time insights. We are trusted by more than 7000 patients in the UAE.
Product
The DarDoc mobile application offers on demand diagnostic tests, routine blood tests, nursing care, physiotherapy and other allied services to patients at their doorstep. The product is available on both iOS and Android platform for our users. Our product offers seamless booking, flexibility and affordable home healthcare to patients on their fingertips. Trusted by 7k patients, we are growing further.
Target Market
Our target market includes expecting mothers, newborn, infants, children, elderly with daily living assistance, adults with chronic diseases, patients undergoing rehabilitation, wellness seekers and individuals recovering from an injury/surgery.
Business Model
We partner with healthcare providers who deploy their professionals for the bookings received from DarDoc. We have a volume based pricing structure in place with our partners.
Channel Pro
Channelpro provides vendors and distributors with a digital platform to motivate, educate and communicate with their channel sales force.
Know MoreeastCompany Brief
REACH is a channel sales force engagement platform. Our easy-to-use SaaS platform helps you educate, motivate and communicate with your indirect channel salespeople, to increase mindshare, product knowledge, time-to-market and overall channel sales performance. REACH digitally transforms your channel sales by connecting you straight to your frontline salespeople.
Product
REACH is a channel sales force engagement platform. Our easy-to-use SaaS platform helps you educate, motivate and communicate with your indirect channel salespeople, to increase mindshare, product knowledge, time-to-market and overall channel sales performance. REACH digitally transforms your channel sales by connecting you straight to your frontline salespeople.
Target Market
All vendors, brands and distributors that rely on indirect B2B sales channels to sell their products to customers.
Business Model
Software-as-a-Service business model that allows for self-service ecommerce sales, transactional B2B sales and enterprise services sales, directly and via partners.
DigitalFirst.AI
DigitalFirst.AI is your personal growth assistant that delivers personalized marketing strategy within minutes and helps you execute it using AI
Know MoreeastCompany Brief
Digital First AI is a revolutionary platform that creates go-to-market strategies powered by AI. With a little input from the user, the platform will create marketing plans in seconds along with instant dedicated marketing plans and growth tactics recommendations for any business in any sector.
Product
Use DF.AI to constantly get better in marketing results. Create a marketing strategy with few clicks. Boost growth using AI – our system will recommend you personalized business tactics based on the data. Create content for blog, social media, website, and more, using our AI algorithms that create copy automatically for you and your clients.
Target Market
Our market opportunity. Obtainable market – small and medium enterprise using MarTech tools – 300 00 companies in 5 years (United States, Western Europe, India).
Business Model
We have three groups of target customers: Growth Hackers, Agencies and SMEs. We have a subscripction model and we create a marketplace (30% rev share).
Fundomundo
Fundomundo's an e-learning platform which offers a wide variety of online live classes for kids aged 3-18 years old.
Know MoreeastCompany Brief
Fundomundo is a live-education marketplace of online classes and activities for kids. The name is derived from having “Fun” while “Do”-ing things online within a “Mundo”- a world of activities and classes. The company has raised funds from VC’s in Turkey, UK and UAE and angel investors totaling 1.2M USD by July/2022.
Product
Screen time for kids became a necessity after the pandemic.The battle for daily screen time was over, and the devices had won.
That’s where Fundomundo comes in. It’s a brilliant supplement to the kid’s school curriculum. But it’s more than that. From performing arts to coding classes, it gives kids access to learning opportunities that traditional teaching may not reach.
Target Market
At Fundomundo we have 3 personas to target, the teachers, the parents and the kids (the end user).
Business Model
Fundomundo is a pay per use marketplace, where consumers sign-up for classes and pay the class-fee on the platform. We take 30% on each transaction, and the teachers take 70%.
Company Brief
MAKAN is reinventing home furnishing. Our service allows customers to furnish their home effortlessly by renting furniture, paying it monthly, and keeping the flexibility to return it or rent-to-own. We ensure the process is convenient, flexible, and sustainable.
Product
Furniture rental, expanding progressively into accessories and some electronics
Target Market
Furniture rental, expanding progressively into accessories and some electronics
Business Model
80% B2C, in cities with high mobility like Dubai
20% B2B, targeting holiday home companies
Scalable CFO
Enabling all small businesses to get the benefits of a CFO without the cost
Know MoreeastCompany Brief
The Scalable CFO enables all small businesses – not just the privileged ones – to get the benefits of a CFO without the cost. We help entrepreneurs to make responsible financial decisions by connecting them with the best CFOs in the region and automating financial decision-making.
Product
We are one-stop shop to setup the financials systems and process for small businesses. Small businesses can get matched to a part-time CFO from our community, but our AI enabled SaaS platform will also automate their daily Finance back-office operations and CFO-level insights. Our initial automation product tackles is B2B Cash and Payment management.
Target Market
We are targeting small businesses with 1 to 499 employees in the UAE and KSA. In the MENA there are 14 million such businesses with an addressable market of $19bn.
Business Model
We CFO service packages on monthly subscriptions and earn a commission from them under the marketplace model, which while we make money from subscription fees for the SaaS.
Company Brief
Headquartered in Bahrain, Savii is a mobile banking app and Visa spending card designed for youth aged 13 and above. We want to be a teen’s first ‘bank’ account and spending card, enabling them to learn how to manage their money responsibly and empowering them to become financially independent.
Product
Teens get their own prepaid debit card that can be used online or in-store. They can send and request money from their friends in real-time, access discounts and rewards from their favourite brands, and use Savii pots to stash away money towards their savings goals. Our dual-mode app means parents can view all transactions made by their teens.
Target Market
We’re targeting the 100M+ youth in MENAT region who are currently ‘unbanked’ or ‘pre-banked’. Our initial focus is on the GCC market and we’re currently beta testing in the UAE
Business Model
We generate revenue through interchange fee which is ~2% of the transaction volume every time a Savii card is used.
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