Social Currency

PROBLEM & SOLUTION

There is a global lack of access to affordable quality sports training for our youth. When coupled with additional limitations in educational resources and nutritional information, these factors negatively impact participation in sports and limit the performance of athletes. We solve this problem through a consumer-centric business that provides accessible quality training and rewards an active lifestyle through a digital currency to unlock content.

VISION

Evolve Sports is positioned to be the number one global sports network of value for athletes. We want our athletes to enter the world with a complex education, interact with content on demand, and build a healthier lifestyle. Evolve is the future hub for the next generation athlete.

MARKET & COMPETITION

There is a nine billion dollar market opportunity in youth development sports. In addition, e-commerce and sports merchandise are expected to reach 40 billion by 2018 with today’s youth market. The companies currently relevant in this space include CoachUp, ShotTracker, YouTube and CoachBase. Evolve’s digital currency rewards athletes for engaging with content and completing workouts daily.

BUSINESS MODEL

Provide a free application available for download on all mobile platforms, including an optional premium subscription model. Delivering a high-value platform for advertisement, call-to-action, and mobile e-commerce. We currently have a 8.5% paying user base.

STATUS & ROADMAP

Since our launch in 2016, our mobile application has been downloaded by over 175K users across 150+ countries. Furthermore, we have established multiple strategic partnerships.

  • Growth Rate 20% MOM    
  • DAU 1.3K   
  • WAU 4.1K   
  • MAU 14.1K
  • 80% Retention Rate 
  • 62% Free Trial Conversion Rate  LE 8 Months
  • 45M coins earned

  • Oct 2016
    Top 10 startup Fund conference
  • Aug 2017
    16M coins redeemed
  • Sep 2018
    Joined leAD Sports Accelerator
  • Dec 2017
    Raise seed round $300K
  • July 2018
    World tour training events
  • Sep 2018
    New virtual update AI
  • Q4 2018
    Raise Series A
  • Q1 2019
    Launch football

FINANCIAL NEEDS

Evolve is seeking $500K to execute core needs for growth and traction. The use of funds will be directed towards digital marketing, professional ambassadors, and product development.

TEAM

DEVON BUTLER

CEO & Co-Founder
LAFAYETTE JULIUS
CVO & Co-Founder
DAVID COBB
COO & Co-Founder
DALE JONES
CFO

SHAREHOLDERS /ADVISORY BOARD

leAD SPORTS ACCELERATOR

Berlin-based accelerator focused on funding and supporting innovative early-stage sports startups.

LVL INVESTMENTS

Atlanta, Georgia

CONTACT

devonbutler@evolvebasketballapp.com