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Djibble 1A

Equity

DISCLAIMER

Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on his online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene in determining the final terms of the investment, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).

LONELINESS IS A DEVASTATING EPIDEMIC


Loneliness is more than just an unpleasant feeling — it poses a serious threat to both individual and societal well-being. It is linked to an increased risk of cardiovascular disease, dementia, stroke, depression, anxiety, and premature death. The health consequences of social disconnection are comparable to smoking up to 15 cigarettes a day and are even more detrimental than obesity and physical inactivity. The negative effects of a society lacking in social connection ripple through our schools, workplaces, and civic organizations, reducing performance, productivity, and engagement.

Key Facts:

  • Widespread Loneliness: 48% of Europeans experience loneliness some or most of the time.
  • Pre-Pandemic Loneliness in Belgium: Before COVID-19, 64% of Belgians reported feeling moderately or very lonely.
  • Vulnerable Demographics: Certain groups are particularly at risk of loneliness, including those with lower income, single individuals, the young and the elderly, people with an immigrant background, and the LGBTQ+ community.
  • Health Risks of Social Isolation: Social isolation severely harms health, increasing the risk of heart disease, stroke, anxiety, depression, type II diabetes, and dementia by 30-50%.

The profound and widespread impact of loneliness has elevated this issue to a policy priority at the EU, Flemish, and Walloon government levels, as they work to mitigate the effects and foster social connection.


SOCIAL CONNECTION: THE BEST PATH TO HAPPINESS


Around the globe, scientific research from institutions like Harvard Medical School, the University of Oxford, Universiteit Gent, the University of Queensland, and the Centers for Disease Control all reach the same conclusion: enhancing social connection is the most effective way to combat loneliness.

Improving social connections not only alleviates loneliness but also supports the United Nations Sustainable Development Goal of reducing noncommunicable diseases (such as heart disease and diabetes) and mental health disorders by 33% by 2030.


DJIBBLE MAKES IT EASY TO MEET NEW PEOPLE IN THE REAL WORLD


Djibble's mission is to bring people together face-to-face, moving beyond the confines of phone and laptop screens.

How It Works:

  • Create Activities: Users can create activities they'd like to do, inviting others on the platform to join.
  • Join Activities: Alternatively, users can browse and join existing activities that interest them.

Examples of Activities:

  • Visiting a city or museum
  • Finding a new squash opponent
  • Playing card games
  • Taking a hike in nature

Djibble makes meeting new people enjoyable and straightforward through shared activities that everyone can enjoy.


PILOT LAUNCH PROVES USERS ARE EAGER TO MEET NEW PEOPLE THROUGH SHARED ACTIVITIES


A two-month pilot launch in the city of Gent demonstrated overwhelming enthusiasm for Djibble, with the app quickly going viral and amassing a rapidly growing user base. Within this short period, nearly 2000 users signed up, comprising 43% men and 57% women of all ages. Users created 358 activities, mainly focused on sports, games, concerts, and art visits. Impressively, over 700 users met new people while participating in activities they enjoyed, showcasing Djibble's effectiveness in fostering real-world connections.


Fact sheet

Advised by a professional start-up advisor
Valuation is set by the co-investor or incubator
Co-investor or incubator will be members or observers to the board
At the closing, an incubator, accelerator, or studio will have shares
At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares
Raised €10,000 during a private phase
At the closing, a professional co-investor will have invested at least €25,000
Prior fundraising in equity or convertible loan with 10 or more investors
Seasoned entrepreneurs
Minimum 2 active entrepreneurs
Valuation set by an organisation specialized in valuations of comparable size
Valuation is less than €1 million or 10x last year’s turnover

Raise summary

Crowd investments €11,000
Committed by others €4,260
Amount raised €15,260
Minimum round €29,260
Maximum round €304,260
Shares in the company (total round) 28.86%
Pre-money valuation €750,000
Post-money valuation min. €779,260
Post-money valuation max. €1,054,260