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JAFA (Just A Fan's Analysis)

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JAFA makes it simpler for sports fans to engage and easier for brands to understand and reach them

113%
 - 
Funded 11 Dec 2019
£230,001 target
£261,499 from 274 investors
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Business overview

Location Milton Keynes, United Kingdom
Social media
Website jafaapp.com
Sectors Entertainment Digital Mixed B2B/B2C
Company number 10334837
Incorporation date 18 Aug 2016
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Investment summary

Type Equity
Valuation (pre-money) £2M
Equity offered 11.53%
Tax relief

EIS

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Business highlights

  • Multi-award winning business and team
  • 20k+ downloads with users spending over 7 mins a day on JAFA
  • World Leading Investors & Advisors across, Sports, Tech & Media.
  • Named in TechRound Top 100 start-ups
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Key features

  • Secondary Market
  • Seedrs nominee min. £11.28 +
  • Idea
  • Key Information
  • Team
  • Updates
  • Investors 274
  • Discussion
  • Documents

Idea

Introduction

At JAFA our mission is to become:
- The go-to-place for fans to debate, discuss and analyse all things football.
- The leading insights provider for businesses regarding sports fans.

JAFA makes it simpler for fans to interact with each other and helps businesses to target, reach and understand them.

We put football back in the hands of the fans by giving them our mobile app. Here, they have a space to debate the hottest topics, earn awards, answer polls and more! Providing the latest news from top sources in easy-to-read bite-sized chunks. Crucially, we personalise the whole experience automatically through our algorithms.

JAFA provides businesses with the ability to target and reach fans through our in-house technology. Moreover, we allow them to better understand fans through data. We understand how fans operate and allow brands to unlock the mind-set of fans.

Please note that any discounts, rewards and/or offers listed by a company in its campaign are subject to the terms and conditions applied by that company and listed above. It is the company’s responsibility to honour such discounts, rewards and/or offers and Seedrs does not take any responsibility for them.

The multi-award winning JAFA has built the technology and secured the core team. Backed by world leading investors and working with some of the biggest brands in the food & beverage and sporting entertainment industries. The infrastructure is in place for JAFA to scale into a heavyweight in the ever growing sports-media industry.

Intended impact

JAFA was born out of an MBA programme and we saw a clear gap in the ever-growing sports media industry. Not only were fans changing how they interact with sports online, but their opinions were lost amongst the noise of social media. Moreover, the audience was fragmenting to different channels. This made it increasingly difficult for brands and organisations to target & reach those fans. Fan engagement was changing and JAFA was designed to be a fan first business at heart. The market was changing rapidly at over £22B per year and brands were increasingly looking to make those pounds count. With fans actively seeking to break out of the echo chambers and looking for personalised experiences JAFA was designed with them at heart whilst assisting brands and businesses better understand fans through data.

Substantial accomplishments to date

We’ve been busy but really are just getting started. In just over two years we’ve come from just a piece of paper to achieve a fair bit;

· Winner and Finalists for multiple awards for both the team and the business

· Dan Bedi (JAFA CEO & Co-Founder) named as Sports Industry Next Gen 30u30

· Built the technology and launched this summer on iOS and Android

· Achieved over 20k+ UK downloads

· Users spend on average over 7 mins per day on the app

· 4.7* App Store & 4.5* Android Store ratings

· Worked with some of the biggest brands in the industry

· Built an amazing team with over 6 full-time staff and several more part-time staff

· Secured investment from Top Talent within the Sports, Tech & Media industries

· Named in TechRounds Top 100 startups to watch

Our goals are to really kick the business forwards. We have substantial plans for growing not only the JAFA App but leveraging our brand partnerships to really accelerate growth ahead of the Euro championships in the summer.

Monetisation strategy

Once scaled, we plan for our main sources of revenue to be driven from data/insights and working with brands B2B. We leverage the knowledge we have internally at JAFA supplemented with external data to deliver unique insights to brands & organisations. We have several products and services we provide to brands.

On the app we have built an in-house targeted advertising system which allows brands to target and reach fans. Given the new features we are planning there are several possible sponsorship opportunities too. We plan to integrate programmatic advertising too in-line with our gamification revamp. We want to ensure this doesn’t negatively impact user experience and to ensure we are always fan-first!

To date we have been working with our brand partners around case-studies and small affiliate work to ensure the technology is working as designed and can scale. In terms of target clients anybody who wants to speak with sports fans is our ideal client.

Use of proceeds

100% of the investment will be used to scale the business. We have new features the team want to build and the team are in place to build these out. Marketing and growing the userbase of the app is a key focus too.

We are keen to implement our user acquisition strategy as well as build out our amazing team. There are several killer features we are aiming to build out.

Key Information

The company has the following outstanding loans:

£83,709.00 Directors' loan from Dan Bedi & James Owen at an interest rate of 0% per annum. The loan is to be repaid when the investors and management team deem the business is at a state of stability to be withdrawn.

The funds raised from this investment round will not be used to repay these loans.

Euro 2020 Semi Finals Tickets Competition:

In regards to the competition to win 2x Euro Semi Finals Tickets, this draw applies to the first 250 investors through the platform. The winner of the competition will be announced within 30 days of hitting the 250 investor mark. Entrants are not restricted by geography, providing they are able to invest through the platform. The competition is administered by The Fan Area Ltd, Seebeck House 1 Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, United Kingdom, MK5 8FR

Campaign Video:

Campaign Video 2.37 -2.39: Several logos appear on screen, here is each business/institution's relationship to JAFA:

Award wins:
TechRounds Top 100 Startups (83)
Sport Industry Next Gen (Awarded to Dan Bedi for his work on JAFA)

Award Finalists:
Pitch@Palace 2018
National SME Business Awards
Best New Business Award 2018 - Best Enterprising Business

Exclusive Invitations:
Natwest Business Accelerator

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Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

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Seedrs Limited is authorised and regulated by the Financial Conduct Authority (No. 550317).

© Seedrs Limited 2021. All rights reserved. Seedrs is a registered European Community trademark (No. 008771537) and registered United States service mark (No. 85423072) of Seedrs Limited, a limited company registered in England and Wales (No. 06848016), with registered office at Churchill House, 142-146 Old Street, London EC1V 9BW, United Kingdom, VAT No. GB 208 3065 32. Seedrs.com is a website owned and operated by Seedrs Limited.

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This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.
This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.
Valuation rounded from £2,006,637

Pitch type

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