Venture In The South
Venture in the South is about angel investing in the Southeastern United States.
We interview founders and thought leaders, sponsor a few panels discussing significant events and share our own experiences with over 100 startup investments.
Released every Monday and usually 30-45 minutes long, ~50% of shows are Founder interviews, ~25% interviews with thought leaders and ~25% educational.
We invite feedback and suggestions via www.ventureinthesouth.com or email david@ventureinthesouth.com. If you like our show please subscribe and give us a rating with a quick review.
Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.
Venture In The South
E90: Enrichly wins the Seed Stage at VentureAtlanta 2023
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Enrichly emerged victorious in the Seed Stage pitch competition at VentureAtlanta 2023, securing a substantial $500k investment award. The company is dedicated to addressing the pervasive issue of low self-esteem among youth, a challenge linked to poor educational outcomes, social conflicts, and crime. In an engaging interview, David sits down with Margo Jordan, the CEO and Founder of Enrichly, to delve into the complexities of the youth self-esteem problem and how Enrichly has made meaningful strides by collaborating with school districts, law enforcement, and mental health providers.
Margo provides insights into Enrichly's product, detailing their innovative SaaS & Services business model, distribution strategies, and key metrics. Notably, the conversation highlights Enrichly's unique position, with a negative Customer Acquisition Cost (CAC) due to viral customers paying to advocate for the solution. With an impressive 11x growth projected for 2023 and a trajectory expected to continue, Margo outlines the company's ambitious plans for rapid scaling to reach new customers in both the US and the Middle East.
The discussion concludes with a review of Enrichly's future fundraising strategies and the potential for a strategic exit.
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We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com.
