Join 57 others & invest in ASKWHO

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 10 % discount

    $0 share value remaining

    $0.9 Price/Share

  • 2nd.

    Second Tranche

    Shares will be sold at a 7 % discount

    $0 share value remaining

    $0.93 Price/Share

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $0 share value remaining

    $0.95 Price/Share

  • 4th.

    Fourth Tranche

    Shares will be sold at a 3 % discount

    $0 share value remaining

    $0.97 Price/Share

Minimum investment size 500 500

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Available for investment $86,541
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Why ASKWHO ?

Why invest?

ASKWHO's metrics are in line with the global leaders in the social media space including Facebook, Twitter, LinkedIn & Snapchat

Experienced and passionate team including a Forbes 30 under 30 director. The team have experience scaling technology solutions and worked with Microsoft, Clubhouse, Uber & Careem ... see more.

Notable Press

ASKWHO has been featured in the press including:- Entrepreneur Arabian Business Khaleej Times Wamda Bloomberg

Don’t invest unless you’re prepared to lose your money invested. This is a high-risk investment. You could lose all the money you invest and are unlikely to be protected if something goes wrong. Take 2mins to learn more.

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Latest Update

The Team

CEO & Co-founder
COO & Co-founder
Chief Marketing Officer
Chief Technology Officer
Partnership Manager
Community Manager
Non Executive Director
Meet the Team

Invest in a fast growing, revenue generating social platform that is changing the way we meet local people.

  • Presence:
Don’t invest unless you’re prepared to lose your money invested. This is a high-risk investment. You could lose all the money you invest and are unlikely to be protected if something goes wrong. Take 2mins to learn more. Read the full risk warning

Why ASKWHO ?

ASKWHO's metrics are in line with the global leaders in the social media space including Facebook, Twitter, LinkedIn & Snapchat

Experienced and passionate team including a Forbes 30 under 30 director. The team have experience scaling technology solutions and worked with Microsoft, Clubhouse, Uber & Careem

3 Revenue streams already implemented and growing at 60 X

Significant opportunity to invest before scaling internationally

Notable Press

ASKWHO has been featured in the press including:- Entrepreneur Arabian Business Khaleej Times Wamda Bloomberg

The Business

Loved by Users

ASKWHO has experienced great traction since launching in October 2021, with over 130,000 installs and 10,000 daily active users.

Proving the need for such an application within the region, ASKWHO’s key metrics such as user retention are on par with Facebook, whilst surpassing those recorded by LinkedIn, Reddit, Discord, Twitter and other leading social media platforms.

Revenue Generating

The business earns revenue via 3 streams including a subscription based B2C model where users can also unlock additional features when they upgrade to a premium account for AED 24.99 per month. In addition to subscriptions, B2B revenues are generated through advertisements and events.

Scalable Solution to a Global Problem

With the current trend for home and hybrid-working making it more difficult for adults to make friends within the workplace, and in some cases removing all daily face-to-face contact with others completely, you could argue that there’s never been a greater need for a product like ASKWHO.

Fact file

Proposal ID: 10855
Closing date: Extended
Stage: Flex Target
location: United Arab Emirates

ASKWHO, the social media group app, was launched in Dubai in October 2021. Designed to help users make meaningful connections with like-minded individuals and turn virtual friends into real ones, it provides a safe, nurturing spaces for people with all kinds of interests.

Welcoming and supportive, ASKWHO wants to bring the ‘social’ element back into social media by providing people in cities with that community feel.
With mainstream social media often criticized for making people feel inferior and lonely, ASKWHO is entirely the opposite. By helping UAE residents and citizens turn online friends into ‘real’ ones, it aims to boost mental health by providing a sense of belonging.

The business earns revenue via 3 streams including a subscription based B2C model where users can also unlock additional features when they upgrade to a premium account for AED 24.99 per month. In addition to subscriptions, B2B revenues are generated through advertisements and events.

ASKWHO’s USP is meeting new people in the city we live. There's no other dedicated platform focused on connecting like-minded people using a combination of the localized group format, coupled with interests and events.

The platform solves a problem for those that are typically single young working professionals aged between 25 and 35 years old.

The market size is vast, worth $223 billion in 2022 and is projected to grow at a CAGR of 39.7%.

With 1.2 billion users in the primary target audience globally. There is 56 million users across 3 territories which are the focus when scaling the user base:-

UAE

It is estimated that there are 1.5 million people who are not married 18-35 year olds living in the UAE.

UK

There are 16 million people who are ‘single and never cohabited or married’, equivalent to 34.5% of the population aged over 16 in the UK.

USA

There are 38 million single people between the ages of 18 and 34, equivalent to 51 % of people in this age range.

Marketing
Scale the current user base

Tech Stack
Continue to enhance the customer experience
Enhance premium features to drive further SaaS revenues.

Personnel
Recruit key employees to support the growth

There are 4 potential exit scenarios for our investors.

TRADE SALE
Acquired by a larger platform to diversify their current offering.

IPO
To support the international growth either listing on regional or international markets.

PRIVATE EQUITY
Liquidating early investors upon a large private equity buyout.

BUY BACK
The company may elect to purchase the stock when the price exceeds 500% the subscription price paid by each investor.

Public documents

The Investors

Be an early adopter

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 10 % discount

    $0 share value remaining

  • 2nd.

    Second Tranche

    Shares will be sold at a 7 % discount

    $0 share value remaining

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $0 share value remaining

  • 4th.

    Fourth Tranche

    Shares will be sold at a 3 % discount

    $0 share value remaining


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Financials

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