Is our app performance ready to raise? Please share your POV
We are building a consumer-facing voice personal assistant app and raising the first pre-seed round.
Current metrics:
- Retention: 45% D1, 20% DMAU (increasing MoM)
- Usage: avg >30 times a day
- Monetisation: started charging in May but <1k MRR. Consistent paying user profile worldwide
Reason we think ready to raise:
- Low Risk: PMF established, risk minimised
- High chance: Scaling up and fast growth is a highly certain result
- TAM: reasonable estimation >$20B
—> in a word, need more resources to rocket scale up
What do you think as angle investor? Please share your market (US/UK/JP etc) cuz understand that this is highly dependable on market.