Up Up App

A mobile app for employee engagement.
Startup name
Up Up App
Founding date
September 2017
Incorporation
Yes
Total team member
15
Startup stage
Prototype
Category
Software
Sector
Education, Mobile
Product usage or interact
Mobile/Tablet (iOS), Mobile/Tablet (Android)
City
Ho Chi Minh City, Ho Chi Minh City, Vietnam

Elevator pitch

UP UP APP is a mobile solution that helps motivate and engage employees by integrating the power of gamification with real-time rewards.

Team

Paul Espinas

Paul co-founded two start-ups that are operating in 8 countries. He is now spearheading his new employee engagement start-up called UpUpApp. He has more than 10 years of experience in marketing from FMCG and Human Resources industries. He is passionate about creating simple solutions to challenges.

Dr. Vladimir Mariano

Dr. Mariano founded tech companies in the Philippines and has years of technical experience in the academe and the corporate world.

Jeremy Maman

Passionate about new technologies and growth hacking, holding a bachelor's degree in business administration with an emphasis in digital marketing, I handled accounts for a digital marketing agency prior to joining UpUp App.

Business model

Target customer

Corporate Organizations

Customer acquisition strategy

Lead Acquisition Through Online Campaigns and in-house Events

Revenue model

Public Freemium.
Every Company has 7 free users and all additional users are subject to $3 monthly subscription fee.

Private PREMIUM
A company, regardless of size, pays $5000 for annual subscription and the app will be fully customized to their brand and company structure.

Market info

Market size

$ 600,000,000

Competitors

Competition

WooBoard lets people recognize each other with one-click recognition, social features, and a unified points systems. Impraise give and receive actionable, timely feedback. Track progress all year long and learn much faster.
These companies operate in two separate markets in performance management and employee engagement. In UpUpApp we are combining these two markets into one platform, enabling managers to track performance and reward employees at the same time.

KPI's

  • 400 Leads
  • 32,000 Users (Back-Log)
  • 80,000 2018 Revenue for Premium
  • 18 2018 Premium Companies
  • 240 2018 Public Paying Companies
  • 32,000 2018 Revenue from Public

Startup traction

We conducted a survey to more than 2,000 managers in Vietnam on their level of engagement and more than 400 companies registered in our pre-beta to try out the app.

Out of the 400, we continued the discussion with companies with more than 500 employees. There are 42 of them in total and have a back-log of users totaling to 32,000.

All these are primarily on our premium version. We expect to scale users by quantity in the coming months as we launch the public version of the app.

Other information

We are open in discussing royalty rights in this round of investment.

Publication date: 10 April 2018