Chimani, ORPC find success with equity crowdfunding - Maine Startups Insider
Two Maine companies are finding success in raising capital via online equity crowdfunding platforms. Chimani, a mobile app developer that...
A comprehensive mobile visitor guide to America’s National Parks
2,100 active paid users
2,000% growth in subscribers since the new subscription model launch
Subaru OEM app to be installed in 1M vehicles in Q3 2019
Paid partnerships with Ford and GEICO RV
Promotional partnerships with National Parks Conservation Association, Active Interest Media, Delaware North, & Friends of Acadia
Ability to reach over 330M annual National Park visitors, an $18 billion market
The National Park Service reported over 330M+ visitors last year. But the increase in crowds has not been met with an increase in resources for visitors.
From maps and to entrance fees, to shuttle bus schedules and restroom locations, many park-goers are finding themselves struggling to navigate their national park experience.
For most visitors, they rely on a paper brochure handed out at the entrance gate to navigate a national park which can swell to be the size of a small city during the peak summer months.
Chimani helps national park visitors plan their trip, choose the most appropriate activities, navigate using our GPS-enabled maps, receive time-sensitive alerts - and even locate the nearest restroom!
Best of all, it works without a cell signal.
Users can also capture their trip memories by using our Pokémon Go-like game which unlocks virtual badges and points - including unique ones that can only be collected within the parks.
Our premium Chimani Perks subscription unlocks 64 detailed guides for the most visited national parks, offline map functionality, additional virtual badges, and over $2,500 in national park-related discounts.
How it works
1. Download a guide
2. Locate a hiking trail
3. Earn a virtual badge
Chimani has over 2,100 paying customers. We expect this number to grow significantly as we enter into the first busy park season with our new subscription business model.
In addition, we have paid contracts with GEICO RV and Ford.
Chimani has partnered with Subaru of America to launch a new cloud-based Chimani national park app in the Subaru STARLINK multimedia system.
Available this summer on all Subaru STARLINK systems, customers will have all 418 U.S. national park locations and details at their fingertips.
"Your company has saved me tons of planning time as I've visited 20+ parks in the past 2 years am just getting started."
"Even though it's no longer a free app I still love it. To have so much info in one app is great."
"The app was a tremendous assistance while we toured Yellowstone and Grand Teton National Parks."
Chimani has the ability to reach 330M+ annual national park visitors -providing them with critical information to ensure the best possible experiences and most positive memories.
Our web, mobile, and car apps are free to use and provide the basic details for all 418 national parks. The mobile app also allows users to collect virtual badges and record their trip memories.
Our premium Chimani Perks subscription is designed for the 330M visitors heading to the parks. It provides unlimited access to 64 detailed national park travel guides, offline maps, additional virtual badges, and $2,500 in national park-related discounts.
Since launching the new subscription, paid subscriptions have increased by over 2,000% - confirming our product-market fit. Subscription revenue has already grown to more than cover all hosting costs.
Growth in subscriptions is on track to increase significantly as we approach the first busy summer season with our new subscription model. The addition of the new subscription model into our Android platform and a new UX/UI design launching in Q4 2018 will help us drive growth as well.
Chimani also generates revenue from limited advertising sponsorships and content licensing to brands such as Ford and GEICO RV.
More people are going to national parks. But they aren’t just visiting--the latest data shows that people are staying and spending more time and money in the parks compared to previous years. In fact, visitor spending generated over $18B in revenue in 2017 alone. Chimani is tapping into this growing market by giving visitors the tools they need to make the most of their National Park experience.
Chimani has raised over $825,000 to-date from institutional and individual investors, including:
We have over 60 detailed national park guides complete, but there are over 400 national parks in the U.S. and over 3,000 national parks around the world. We will continue to expand the number of detailed guides, increase our basic coverage beyond the U.S., improve the design of the product and continue to build strong partnerships.
Chimani’s mission is to help everyone experience the natural beauty and cultural history which national parks everywhere have to offer - regardless of age, ability, or background.
But in order to appreciate a national park, you must experience it first-hand. This is why we believe technology plays an important role in ensuring the best possible experience. By transcending the various government agencies, Chimani can provide a seamless experience which unifies national parks around the world and drives a community of passionate supporters and advocates.
Because ultimately, we believe our future depends on it.
Together we can create the ultimate mobile travel guide to our national parks and help build a community of passionate enthusiasts which will last for generations.
The smallest investment amount that Chimani is accepting.
Chimani needs to reach their minimum funding goal before
the deadline. If they don’t, all investments will be refunded.
The Crowd SAFE is an agreement for future equity in the startup,
meaning that it can convert to equity in the future.
The Crowd SAFE is an agreement for future equity in the startup, meaning that it can convert to equity in the future.
$25,000 – $1,070,000
Chimani needs to raise
before the deadline. The maximum amount Chimani is willing
to raise is $1.07M.
We are using Republic's Crowd SAFE security. Learn how this translates into a return on investment here.
We're happy to enable your free annual subscription or lifetime subscription prior to our campaign officially ending. Simply email [email protected] with your Chimani account information and we'll go ahead and activate it.
Investors should verify any issuer information they consider important before making an investment.
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