Considering Investing in an On-Demand Online Company? New FrontFundr Campaign Aims to Revolutionize the Home Services Industry with zenGOT
zenGOT connects customers with trusted, qualified and affordable home service providers.
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VANCOUVER, Oct. 23, 2018 /CNW/ - On-demand services are quickly becoming a staple in our culture. According to the Pew Research Centre, 72% of people have used on-demand services. PricewaterhouseCoopers estimates this economically disruptive innovation to grow from $14 billion in 2014 to $335 billion by 2025.
Serial entrepreneur Catherine Goulet's newest venture, zenGOT (www.zenGOT.com), an online platform for home services, has taken a foothold in the burgeoning on-demand space. The Vancouver Sun called zenGOT "the Uber of home services". To leverage this, zenGOT has partnered with FrontFundr, an equity crowdfunding platform, to give seasoned investors and the wider public a chance to participate in zenGOT's growth. Through FrontFundr, members of the public can invest in zenGOT for as little as $1000.
zenGOT offers a range of on-demand services: errand running, cleaning, pet services, snow removal, yard work, handy work, general assistance and more, using a business model like Airbnb and Uber.
"Many people are burdened with time commitments," says Catherine, "I'm a busy mom and I've seen many others struggling to keep up." Catherine's sentiments echo the 2015 Guardian headline, "Time, not money is the 21st century's most precious commodity."
Scientists have coined the phrase "time famine" to describe the experience of time scarcity and linked it to lower well-being. However, a 2017 study led by a Harvard Business School professor, found that spending money on time-saving services like zenGOT's can increase life satisfaction.
"The zenGOT platform benefits both groups of end users," says Chief Operating Officer Andrew Jenkins. "Customers enjoy instant access to pre-vetted, qualified service providers who've undergone a multi-step onboarding process that includes a mandatory interview and background check."
"For service providers – zenGivers – they have the freedom to set up their own business, be their own boss, set their own hours and rates, and choose where they work," continues Catherine. "We bring customers to them and provide support and payment processing."
zenGOT has built a network of service providers in nine of Canada's ten largest cities: Toronto, Vancouver, Calgary, Edmonton, Ottawa, Winnipeg, Mississauga, Brampton, and Hamilton in addition to BC's Sunshine Coast, making services available to over a third of Canadians.
Having connected thousands of users across Canada and knowing the importance of time-saving services to so many, zenGOT released its mobile App last week on the App Store and Google Play. It will be the primary channel for customer acquisition and a significant increase in platform activity is expected.
"I'm so excited about zenGOT's partnership with FrontFundr. We'll use the capital we raise for mass marketing, building out corollary uses of the platform and laying groundwork for international expansion." Anyone interested in reserving or placing an investment in zenGOT can do so through the FrontFundr website," explained Catherine. "The great news is that the Canadian market [for on-demand home services] is largely untapped leaving a tremendous amount of room for growth and expansion."
zenGOT is an easy to use, online platform that matches customers who order on-demand home services with trusted, qualified and affordable service providers (zenGivers).
Investing in crowdfunding and exempt market offerings has significant risk. Investors may not be able to resell quickly or at all. An exempt market security holder may also receive limited ongoing issuer information. You should invest only if you are prepared not to receive any return on your investment. and/or lose your investment in its entirety. SMV will provide advice on the suitability of your investments made through its platform.
SOURCE zenGOT
please contact [email protected] or 1.604.831.7883 or visit our FrontFundr page at https://www.frontfundr.com/Company/zengot
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