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Startup Name: WellPaid
Tagline: The effortless subscription and bill manager for households to identify, track, transfer, and share.
Elevator Pitch: The only all-in-one subscription and bill manager for households. Identify, track, split, and share passwords together.
Target Market: 1 in 3 adults live with a non-spousal roommate, particularly common for young adults 19-35yo. Our Pro subscription (>$4/mo) is designed to simplify bill sharing for roommates and unmarried couples, though we will also monetize subscription signup through WellPaid’s e-commerce platform. We are growing based on referrals for bill splitting or with our unique shareable content, such as the upcoming WellPaid Challenge to raise money for households in need by consumers trying to outsmart WellPaid’s algorithm. We will also leverage micro-influencers and local landlords/gyms/etc to create a low overhead growth model.
How will you make money?: Subscriptions
How much capital have you raised?:
Founder(s) Name: Thomas Martchek
Website: https://getwellpaid.com/
Twitter: https://twitter.com/TomMartchek
City/Country: United States
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