Disrupt London 2015
An Istanbul-based mostly startup referred to as Twentify took the stage this afternoon at TechCrunch Disrupt London 2015 to speak about their gig-discovering app Bounty, which helps individuals discover close by small jobs they will do for additional money. Because the winner of the TechCrunch Disrupt Startup Alley Wild Card place, the co-founders solely had a couple of hours discover to organize their presentation earlier than as we speak’s Battlefield judges.
The Wild Card spot is chosen by a mixture of viewers voting and editorial curation, and provides these with a sales space within the Alley a shot on the massive stage – and the Disrupt Cup. Twentify gained its spot by a landslide, and the co-founders admitted they requested everybody they knew to vote.
Just like U.S.-based mostly apps like Gigwalk or Subject Agent, the thought behind Bounty is to offer a bridge between corporations and smartphone customers, explains Twentify CEO Ilker Inanç, who was joined this afternoon by CMO Çaglar Bozkurt.
The founders stated they have been initially enthusiastic about doing a startup targeted on crowdsourcing, however later realized that leveraging the facility of the gang by way of a cellular software is what held probably the most potential.
Like its rivals, Bounty customers can browse for close by jobs – “gigs” – utilizing a map interface, or they are often notified once they’re near a paying place.
These jobs vary anyplace from a greenback as much as $30 or $forty, relying on the complexity concerned. For instance, an organization might want somebody to take photographs of their billboard or verify the pricing or stock ranges on a retailer shelf. Nevertheless, whereas most of Bounty’s rivals are primarily targeted on the retail business, Bounty has differentiated itself by additionally providing different varieties of gigs.
For instance, the app is additionally used for lead era functions by utility companies, safety companies and banks, along with issues like thriller purchasing, subject audits, worth monitoring and market analysis.
Whereas finally the app is a approach for customers to make some additional pocket cash, its prime consumer is now bringing in $2,000 per thirty days doing gigs by means of Bounty. In the meantime, Twentify makes cash by charging a fee (sometimes one hundred pc) on the gigs it hosts on its platform.
At present, the Bounty app has 70,000 customers doing jobs for forty clients in Turkey, Canada and Mexico. The founders clarify that their plan is to broaden globally within the months forward, and particularly will goal creating markets like India, Russia, Brazil and Indonesia the place the aggressive panorama is much less dense than within the U.S. The purpose will probably be specializing in nations that have excessive GDP’s however decrease GDP’s per capita, says Inanç.
Based in February 2014, Twentify is backed by $1 million from TRPE Ventures and is planning to boost once more in 2016 to fund its enlargement efforts.