Investor overview
Strategic funding for growth and innovation in social connection and memory preservation technology
Confinity Inc.
Delaware Company
$82,000
Funding to date
Seed Round
Stage
A future built on connections
Confinity preserves memories and connects generations through a secure, intelligent-driven platform focused on storytelling and end-of-life wishes. Users can organize, store, and enhance personal and family memories, ensuring a lasting legacy.
Our platform supports memory contextualization, social media integration, dynamic storytelling, and offers free subscriptions for mortality-aware groups (nurses, doctors, paramedics, military & police), with a tiered subscription model for enhanced storage and exclusive features.
The average person generates a staggering amount of digital data over their lifetime. According to a report by the World Economic Forum, the digital universe was expected to reach 44 zettabytes by 2020, indicating a significant amount of data produced globally each year (World Economic Forum).
In terms of daily personal data consumption, researchers have found that the average person processes around 74 GB of information per day through various digital interactions, such as using smartphones, computers, and other devices (Frontiers for Young Minds).
These figures underscore the immense volume of digital data generated by individuals, emphasizing the need for effective data organization and preservation solutions like those offered by Confinity.
Ryan Ward and the Confinity team
Our team, backed by leading organizations
Team
We are driven by a team of seasoned professionals with a wealth of experience from some of the world's leading organizations such as Bytedance, Kinsta, Automattic, and Google.
Board
Our leadership includes senior executives from Dubai Bank, Visa, McKinsey, NewNative and Forbes, bringing unparalleled expertise in financial services, strategic consulting, and global operations.
Supported by:
Confinity’s mission is powered by strategic backing from global tech leaders. As part of Google’s exclusive ecosystem tier, we received personal recognition from the Google Cloud CEO and hands-on support from their engineers.
The Birth of Confinity
Confinity was born from our founder Ryan Ward's personal anguish. After his mothers battle with cancer, Ryan dedicated his career to creating a platform that safeguards memories.
We all face the heartache of losing loved ones. While we cannot lessen the pain, we can nurture our connections, avoiding regrets of not spending enough time together. Every day is an opportunity to cherish our loved ones and let them know they are in our thoughts.
Despite living far apart or having busy lives, our connections remain. Technology can bridge these gaps, helping us preserve and honor these relationships.
Technology & Innovation
Our platform leverages cutting-edge technology to offer advanced memory preservation and legacy management solutions. With features like AI-driven memory organization, contextual search, and real-time sentiment analysis, Confinity sets the standard for digital legacy platforms.
Explore how Confinity brings memories to life through our intuitive and innovative platform. Our application offers a seamless experience designed to preserve and celebrate your digital legacy. Below are some key screens from our app:
Sanctuary: Your central hub for accessing and managing all your memories.
Memory Timeline: A chronological view that lets you easily navigate through significant moments.
Legacy Planning: Tools to document end-of-life wishes and manage digital legacies with ease.
Family Tree Visualization: Visualize and interact with your family connections in an engaging way.
Personal Journals: Capture and organize your thoughts, stories, and reflections.
We all face the heartache of losing loved ones. While we cannot lessen the pain, we can nurture our connections, avoiding regrets of not spending enough time together. Every day is an opportunity to cherish our loved ones and let them know they are in our thoughts.
Despite living far apart or having busy lives, our connections remain. Technology can bridge these gaps, helping us preserve and honor these relationships.
Driving Revenue through Tiered Subscriptions and Premium Services
Confinity generates revenue through a diverse approach, combining tiered subscriptions, premium services, strategic partnerships, and collaborations. Our subscription model includes free basic access, enhanced personal accounts, and comprehensive family packages, each offering varying levels of storage and advanced memory preservation tools.
Revenue is further driven by premium services such as personalized legacy planning, secure data archival, and white-label solutions for businesses. We also partner with cultural institutions for tailored memory preservation projects and integrate with life insurance providers to offer memory preservation as an added value to policyholders.
Additionally, we explore partnerships with governments and healthcare systems to support digital legacy initiatives and provide free access to our platform for doctors, nurses, and healthcare workers, recognizing their vital role in society. This multi-faceted approach ensures consistent revenue, promotes innovation, and enhances our ability to cater to a broad audience, driving sustainable growth.
Competitive landscape
Confinity aims to focus on the complete story like no other platform. While most of our competitors excel in a single area, Confinity connects the dots and offers a comprehensive solution for capturing, organizing, sharing, and safeguarding memories.
Trademark Protection
At Confinity, securing our brand identity is paramount to maintaining our competitive edge and fostering trust with our users. Our trademark strategy includes:
Registered Trademarks: We have secured trademarks for the Confinity name, logo, and key product names across major markets. This legal protection covers our unique branding elements and prevents unauthorized use by third parties.
We’re making great progress
Our target in the next 5 years, focusing on key regions and demographics:
Global Recognition
Confinity moves forward in the HICOOL Beijing Entrepreneurship Competition
We are proud to announce that Confinity is moving forward in the prestigious HICOOL Beijing Entrepreneurship Competition, the largest entrepreneurship competition in the world.
This achievement highlights our innovative approach to preserving digital legacies and underscores our commitment to excellence in the global entrepreneurial landscape.
Being recognized on such a prominent international stage not only validates our vision but also connects us with a network of leading investors, mentors, and industry experts, further accelerating our growth and impact.
Seed Round Allocation
We’re seeking seed investment to bring new talent to our team and expand our mission of building a healthier, more connected society through technology. Here's how we plan to allocate the funds:
Talent Acquisition
Hiring key personnel: Recruit top AI, machine learning, software development, UX/UI design, and marketing professionals.
Competitive salaries and benefits: Offer attractive packages to attract and retain top talent.
Product Development
Enhancing core features: Invest in refining our AI-driven memory organization, journaling tools, and goal-setting functionalities.
User testing and feedback: Conduct extensive testing to improve the platform based on user feedback.
Marketing and Outreach
Brand awareness Campaigns: Launch targeted marketing efforts to raise awareness about Confinity.
Community engagement: Host events, webinars, and create high-quality content to inform and engage users.
Infrastructure and Technology
Scalable infrastructure: Ensure our platform can handle growing user demand.
Security enhancements: Implement advanced security measures to protect user data.
Operational Costs
Top-notch equipment: Provide a productive work environment.
Administrative support: Cover essential operational expenses.
Strategic Funding Timeline
Seed Round (open)
Target Amount: $2 million
Projected Date: Q3 2024
Purpose: Talent acquisition, product development, marketing, and infrastructure enhancement.
Key Milestone Targets
2024: Product Refinement and Market Entry
Launch MVP: Introduce the Minimum Viable Product (MVP) with core features like memory integration, end-of-life planning, and family tree visualization.
User Acquisition: Achieve 5,000 early adopters through targeted outreach and strategic partnerships.
Seed Funding: Secure $2 million in seed funding to support initial development and marketing efforts.
Community Engagement: Host webinars and events to build a supportive user community and gather feedback for product improvements.
User Engagement: Enhance community features and personalized user experiences to foster deeper engagement.
Support of the community
We’re still preparing to launch our MVP, but we’ve already received a warm welcome from our community. We have surpassed 2,000 people on our mailing list, eagerly waiting for an invite to our early access program. Additionally, we’ve received generous monetary donations from our most engaged community members who have joined our Founding Donor program, earning unique benefits for their contributions.
