BlueVerse

Your Local SMBs, All in One App, Offering the Seamless Experience of a Major Franchise's App.
Austin, College Station, Denton, Lubbock

About BlueVerse

Launched in February 2023 in Lubbock, TX, BlueVerse began as a simple coupon app, forming partnerships with over 200 local businesses. Through close collaboration with our initial customers, we identified pain points within local businesses and recognized the need for a comprehensive digital toolkit that matches the technologies of larger brands. Building on these insights, BlueVerse is now developing a cost-effective solution for these businesses to leverage the same tools that large brands utilize. We believe personal smart devices are replacing all large hardware costs for local businesses, enabling more efficient and innovative operations.

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Problem statement

Despite 67% of U.S. consumers preferring a business's own mobile app for shopping, developing such an app costs over $500K, tying up over 50% of a local business's revenue.

Traction information

Since our launch in February 2023, BlueVerse has experienced remarkable success and achieved significant milestones. With 161 active customers across Texas, we've established a strong presence and generated $177,000 in Annual Recurring Revenue (ARR). Notably, our 2024 product cohort has experienced a churn rate of just 5%. Additionally, our paying customer base has been steadily growing at a rate of 32% each month since the initiation of monetization efforts. These achievements underscore our impact in Texas and our emergence as a prominent player in the Business-to-Business startup ecosystem.

Milestones

June 2024

Annual Recurring Revenue (ARR)

$177,000

June 2024

Active Customers

177

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Funding

Currently raising capital

$510,000
committed
$1,000,000
round goal
Total raised to date:$1,000,000

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