Need a task done? Think uvvo - the on-demand worker platform.
www.uvvo.eu
June 2023
Connecting with service providers for tasks such as repairs, delivery, gardening, and pet care in Germany is inefficient and inconvenient for individuals.
THE PROBLEM
Finding the right help is difficult and expensive
Best Deal
-
Customer is guaranteed to get the best price
-
Helper increases chances of getting a job by underpricing
THE SOLUTION
We match job posters with job doers for compensation through our website
Reverse Auction
-
Helpers compete for the problem in real-time
-
The prices are lower
-
Helpers are readily available
-
Customers have more options to choose from
1. Customer posts a problem
2. Helpers place their bids
3. Customer accepts the most appropriate helper
DEMO & SCREENSHOTS
Uvvo is currently used by more than 3 thousand users
4. Helper completes the task and gets rewarded
THE PRODUCT
Beyond ordinary: Uvvo's KPIs and remarkable facts
No commission
Uvvo is not a side of the deal between the customer and the helper
70 €
21 %
AVERAGE PRICE
The average price for solving one problem
AVERAGE Saving
Our reverse auction saves our customers upto 21% of the initial price they were willing to pay
24 %
users POsting problems
Subsequently, 77% of our users are helpers
No RESPONsibility for taxes
The helper takes care of his own taxes
No RESPONsibility for INSURANCE
The customer takes care of the insurance
Freemium
Subscription
Advertising
Paid features for customers
2 €
Highlight and push one problem to the top
2 €
Immediate aid
Monthly renewable subscription PLANS FOR HELPERS
Free
Default account
25 €
Business account
50 €
Business account + advertisement of own services
ADVERTISEMENTS on our platform
7,80 €
per every thousand visitors
REVENUE MODEL
Mixed revenue model without commission (coming soon)
OUR USERS
Uvvo is the one platform for all to solve any problem
It doesn't matter whether you are a teacher, grandmother, student, unemployed, or employed looking for extra income. No matter your skill level, everyone can make money at Uvvo.
3%
76%
21%
Customers
Customers WHo ARE ALSO HELPERS
HELPERS
55% | 45%
age: 18 - 54
45% | 55%
age: 25 - 54
Our customers are people that have daily needs, casual problems, random tasks, requests, and so on, as well as those who have rare difficult situations.
MARKETING & STRATEGY
Our proven channels for finding and winning new users
Customers | CAC: 11,80€
Helpers | CAC: 5,38 €
Flyers
Offline advertising allows us to connect with local customers in the neighborhood
Google Ad
Our potential customers, when they need help, usually start googling their problem.
Ebay-KA & Social Networks
The best way to attract a new helper is to use the customer's problem as an advertisement.
CAC: Customer Acquisition Cost
180 €
Billion
1,85 €
Billion
German Online On-demand Services Market
Total Available Market
One Segment of German Services Market
Serviceable Available Market
(Segment: Household Cleaners)
source: Statista Inc. www.statista.com
MARKET SIZE
Conquering a 1,85-billion-euro segment: our plan is to capture a 15% market share in 5 years
From home improvements to auto services, pet care, personal care, tutoring, food delivery, and ride-sharing, there are virtually no limits on the services you can request at Uvvo. Just say what you need, and someone will make you an offer.
275 €
Million
Services with Uvvo in 5 years
Share of Market
15% Available Market in Germany
940.000
Monthly Active Users
(in services area)
62.500
Total Tenders
ebay-kleinanzeigen.de
my-hammer.de
source: Similarweb Inc. www.similarweb.com, MyHammer Geschäftsbericht 2021
TARGET MARKET & OPPORTUNITY
Up to 12 million potential active users in Germany
but has no reverse auction
but charges commission
COMPETITION
Entering the services market in our specific niche
HQ
Founded
Annual revenue
Reverse auction
No commision
User engagement
DE
DE
DE
US
AU
DE
2022
2009
2015
2008
2012
2005
-
€ 15m
€ 2m
€ 50m
€ 15m
€ 10m
High
High
Medium
Medium
Low
Low
source: Similarweb Inc. www.similarweb.com; Wikipedia www.wikipedia.org
-
Monthly unique visitors
155m
3,7m
1,3m
1,9m
1,8m
MVP
May '21
End of THE evaluation run
Users: 420
Very positive user feedback
Feb '22
NOW
Users: 3K
Solved Problems: 150+
Positive Reviews: 150+
The revenue model is not implemented yet
Feb '23
UVVO IN 18 Months
Users: 60K
Revenue: 100K €
Dominate the service market in 6 largest cities of Germany
Aug '24
TRACTION & ROADMAP
From MVP to massive success: our traction and roadmap to reach 27,5 million in annual revenue
Evaluation run
Seed
UVVO in 5 years
Users: 12M
Revenue: 27,5M €
Dominate the service market in the whole of Germany
Expansion to Europe
Jan '28
Series A
Dr. Sergej Kosov
CEO & co-founder
Sergey is responsible for how Uvvo functions and has:
- over 7 years of experience in building and managing international teams of developers
- Ph.D. in Computer Science
- co-founded his first startup in Hamburg back in 2018
FAHMY FARAHAT
CTO & co-founder
Fahmy has more than a decade of experience in building powerful applications and leading dynamic teams. His strategic leadership and exceptional skills are vital in delivering cutting-edge solutions that make us stand out in the market.
TEAM
Building a dynamic trio: our CEO, CTO and CRO drive technical development and user experience
TO BE FILLED
CRO & co-founder
5 K
135 K
360 K
Marketing
-
Reach 60.000 registered users
-
Trigger Word-of-Mouth marketing
-
Dominate the service market in Hannover, Berlin, Hamburg, Bremen, Saarbrücken, and München
-
Generate 100K € annual revenue
Operational Cost
Development
-
Develop Uvvo Mobile App for
-
Reduction of the problem-helper matching process from days to hours
INVESTMENT & USE OF FUNDS
We are raising a seed round of 500,000 € for 1,5 years
Get in touch
Thanks
Dr. Sergej Kosov
CEO
Email: sergej.kosov@uvvo.eu
Mobile: +49 176 20464404
Tel: +49 511 87943234
www.uvvo.eu
WHY NOW?
Finding the right help is difficult and expensive
This approach causes delays; The prices are up to 25% higher due to the client going after the provider, and contacting them one by one is inconvenient.
The current standard is to contact a service provider, ask for a quote, and schedule an appointment.
source: Federal Statistical Office of Germany: www.destatis.de
There are 17,5 million single households in Germany
that regularly need help in solving various tasks: repairs, delivery, gardening, pet care, etc.
Best Deal
Reverse auction guarantees a customer to solve his problem at the lowest price. On other hand, a helper who needs a part-time job can get any job by offering a minimum price.
THE SOLUTION
True customer focus & Best deal via reverse auction
In Uvvo, we put the customer at the center while the service providers send their best offers in a bidding war.
No commission
No commission means more user involvement and no marketplace leakage. It also means lower prices for customers and more income for helpers.
Reverse Auction
As helpers compete for the problem in real-time, the prices are lower, helpers are readily available, and the customers have more options to choose from.
These days, more and more people are experiencing a lack of money
source: Google Trends
Often there is not enough salary to live on until the end of the month
No easy way exists to make quickly extra money
THE PROBLEM
Temp
Affordable
Expensive
Narrowly
Focused
Wide
Range
