Startup Name: Commit
Tagline: Track & Achieve
Elevator Pitch: Commit is a mobile iOS app that will help you achieve your goals – no matter how big or small, crazy or simple.
Most importantly, we motivate users to achieve their goals by providing a unique environment that utilizes two of the most effective methods: social and financial accountability. When it comes to achieving goals, research shows that chance of success increases by 33% if it is shared with others and by up to 72% if money is put on the line.
What truly makes our app unique is that the money wagered will go towards a charity, organization, etc. of the users’ choosing.
Target Market: Individuals and enthusiasts who are passionate about achieving goals (Fitness, Work & Social Goals)
How will you make money? Our intention is to make money through the native advertisements featured in the Community. This allows us to prioritize the user, and the achievement of all their goals. However, we do retain a portion of each charge incurred.
How much capital have you raised? None
Founder(s) Name: Brendan Corrigan
Website: http://thecommitapp.com
Twitter: @b_commit
City/Country: New York, USA