**XO Cherries** was registered in September 2022 and offers a dating app designed to address the issues of catfishing, population collapse, and dating app ghosting. The company has successfully completed development and is currently in beta testing. The serviceable obtainable market is estimated to be 22 million users. XO Cherries aims to achieve a monthly recurring revenue (MMR) of 1 million through stages that include the app’s official launch, customer acquisition strategies, and ongoing app expansion.

United States Atlanta Georgia

XO Cherries earns its money through a combination of revenue streams, primarily driven by its SaaS (Software as a Service) business model. Here’s how it generates income: In-App Purchases (IAP), Ad Revenue, Subscription Model, Freemium Model offer Users addons with the commitment, virtual currency, and partnership. By diversifying its revenue streams through a combination of in-app purchases, advertising, subscriptions, virtual currency, and data analytics, XO Cherries aims to create a sustainable and profitable business model in the competitive online dating market. Investors can expect the app to continue optimizing these revenue channels and potentially explore new ones to maximize its earnings.

B2C

The success of XO Cherries as an interactive anonymous dating app will depend on effectively emphasizing the features and benefits that set it apart from other dating apps. By communicating these unique selling points to the target audience and continuously improving the user experience to meet evolving dating needs and preferences. Here are XO Cherries’ unique selling points. XO Cherries protects user privacy by providing 100% anonymity until users reveal their identity. This method decreases users’ fear of judgment and rejection, making connection easier. The app’s fun icebreaker activities and discussion starters can make first meetings less scary. Through its unique personality matching algorithm, XO Cherries prioritizes meaningful interactions based on compatibility, interests, and values. Create unique usernames to show your personality and build a playful and inventive environment. XO Cherries is proud of its inclusive and diverse user community, which welcomes people of all ethnicities, genders, and orientations and creates a safe area for everyone. User data and interactions are protected by strong security measures, assuring safe online dating. Virtual dates are intriguing during social distance or long-distance relationships, and the software offers several choices. In-app capabilities to block or report others and profile verification keep XO Cherries a safe dating site. Finally, the app lets users customize their online dating experience to their tastes and comfort levels, delivering a user-controlled and personalized experience.

To take on this endeavor and to ensure it success we are raising $4 million in seed capital

This allocation is a general guideline tailored to XO CHERRIES’ specific business plan and objectives. Effective financial planning and prudent allocation of funds are essential to ensure the company’s growth and success in the competitive dating app market. The $4 million in seed capital for XO CHERRIES will be allocated in the following areas. This allocation is a broad guideline customized to the specific business plan and objectives of XO CHERRIES. Effective financial planning and wise cash allocation are critical to the company’s growth and success in the competitive dating app market. The $4 million in seed money for XO CHERRIES will be distributed as follows. 1. Product Development and Tech Infrastructure (40%) – $1.6 million 2. Marketing and User Acquisition (25%) – $1 million 3. Team Expansion (15%) – $600,000 4. Operations and Overhead (10%) – $400,000 5. Customer Support and Community Management (5%) – $200,000 6. Research and Data Analysis (2%) – $80,000 7. Marketing and Partnerships (2%) – $80,000 8. Legal and Compliance (1%) – $40,000 9. Contingency and Reserve (0.5%) – $20,000

Co-Founder Kirk Brown is an Accountant with studies in Computer Science at Manhattan College, Product Manager, Software & App Developer.
Co-Founder Casey Kelly Studied civil engineering at Cincinnati State, associate degree in applied science audio and video production, Supervised and managed staff and equipment in military armory. Studied at AIM in Audio Engineering and Computer Science. Both founders have been involve in the technology industry for 6+ years. The have written 5 awarded patents in which they utilize features within the applications they have develop. They have engage in direct customer market research for 2 years and interviewed over 2,000 potential customers to help create XO Cherries App. Our approach is different from our competitors such as Hinge, Bumble and Ok Cupid. We have used all the competitors apps mentioned. What will separate us from them several unique features that have implemented others we plan to later.

Founder Kirk Brown is an Accountant with studies in Computer Science at Manhattan College, Product Manager, Software & App Developer. Founder Casey Kelly Studied civil engineering at Cincinnati State, associate degree in applied science audio and video production, Supervised and managed staff and equipment in military armory. Studied at AIM in Audio Engineering and Computer Science. Both of our founders boast over 6 years of extensive experience in the technology industry. During this time, they have authored and secured 5 awarded patents, leveraging these innovations in the development of our applications. Additionally, they have invested 2 years in direct customer market research, conducting in-depth interviews with over 2,000 potential customers, which played a pivotal role in shaping the XO Cherries App. What sets us apart from competitors like Hinge, Bumble, and OkCupid is our hands-on familiarity with their platforms, having extensively used them ourselves. Beyond this, what truly distinguishes us are the unique features we have already integrated into our app, as well as the innovative ones we plan to introduce in the future, setting us on a path of continuous differentiation and improvement.

4.6 Million

$100,000

$100,000