This is a bigger round than I usually do but hey we are an opportunistic fund (and that’s becoming a normal first round of financing..thanks YC…) When I was in high school I wanted to become an Electrical Engineer so I would design smart homes for celebrities and make millions. Then Alexa hit the markets just into the end of my freshmen year and I have been having an existential crisis.
For some it may seem obvious that voice is a big part of the future (just count how many airpods you see on a normal tuesday) or the fact that Amazon sold as many Alexa’s as Apple did the iphone in its early years. But on the other hand, Milennials and Gen Z gets pissed off when someone calls them unscheduled. Privacy concerns have never been higher and people are unplugging their smart speakers left and right. With this beautiful contrast comes a beautiful opportunity. People want to listen but not interact with these audio first platforms. With the rise of Calm and Headspace it is more evident that audio platforms are all about vertical content.
Dipsea is a double threat. First it taps into a very underserved market: erotica. Second it comes at a time where audio first platform is something that people have embraced. What Calm and Headspace did to meditation , Dipsea can do for women all over the globe. THIS IS MASSIVE.
Round:$5.6M
Investment:$1M