The Google Maps for boats. Charts, weather, tides... Everything you need in one place.
Business overview
Location | Borehamwood, United Kingdom |
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Social media | |
Website | www.savvy-navvy.com |
Sectors | Travel, Leisure & Sport Digital B2C |
Company number | 10919572 |
Incorporation date | 16 Aug 2017 |
Investment summary
Business highlights
- +1,600,000 App Downloads
- $2.9M ARR (USD)
- Won British Marine business of the year 2023
- The company continues to have zero debt
Key features
Pitch
About the Campaign
savvy navvy is akin to Google Maps for boats, offering the first comprehensive solution for leisure mariners and watersport enthusiasts in an easy-to-use app.
The app has experienced phenomenal growth and proven product-market fit, boasting over 1.6 million downloads worldwide. From the proverbial "zero to one," savvy navvy is now poised to scale up dramatically, aiming to go from "one to a hundred."
Business Model
Since our last funding round, our subscription-based model has been refined to optimise revenue. Premium in the USA now costs $99, and subscription prices in the UK range from £45 to £89 annually.
These price increases reflect our deepened understanding of market dynamics and have increased the projected Customer Lifetime Value to £347. Resulting in a 6:1 LTV to CAC ratio, showing headroom to expand.
We have two additional revenue streams: a data insights platform and a B2B advertising vehicle.
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