Event: 2024 Phocuswright Europe
Product: FOMO
HQ: Paris, France & Las Vegas, Nevada, U.S.
Principal(s): Gregory Nogues
Funding: We are in a journey raising a seed extension to fund FOMO’s launch and prepare for our Series A.
Product Description: Introducing FOMO: The OnlyFans for recommendations, exotic content… but slightly different! A platform based on User Generated Content to be inspired be people you trust! No more unreliable reviews, lists, notes, screenshots, scrolling multiple platforms… And it comes with an AI Assistant that can hook you up in seconds.
Business Model: FOMO is free between friends - Content creators can offer subscriptions to their favorite places - Places & Experiences can unlock premium features via subscriptions
Competitors: 75% people are inspired by social media when deciding to travel and so far nobody has really cracked the code as a platform like FOMO.
Competitive Edge: FOMO is the OnlyFans for travel recommendations! A User Generated Content DNA combined with an AI Concierge to hook you up in seconds to unleash the power of recommendations from people you trust to inspire you.
Market Opportunity: -Influence Marketing forecast x3 by 2025 to hit $22B
-Social Commerce forecast x2 by 2025 to hit $80B
-Online travel forecast x2 by 2030 to hiy $1T
-75% of people has been inspired by social media when deciding to travel*
-50M influencers
-The local adverstising market is valued $510B
And so far nobody has really cracked the code?!
FOMO aim is to become the new go to platform to discover and share recommendations and turn it into a multi million dollar start up.
