👊🏽 Special Edition: Ganas and I invested in Chptr!
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🏃🏽♀️💨 Catch up.
Last March, we launched Ganas Ventures. Since then, we invested in Latitud’s seed round, co-led by a16z/NFX, Around’s seed round led by Leap Global Partners, Shappi’s seed round led by Sixers Innovation Lab, Leadsales’s pre-seed round led by Ulu Ventures, Masa’s seed alongside DCG, Storybook’s seed round alongside Magma Partners, Ask Alex’s pre-seed round led by Village Global, Distribute’s pre-seed round led by LiveOak Venture Partners, Papaya’s pre-seed round led by Chingona Ventures and others we’ll be announcing soon. We’ve raised capital from unicorn founders and LP/VC thought leaders, and Ganas and I were featured on the Nasdaq Tower for our leadership in equity within the startup-VC ecosystem! Now, we’re excited to announce our latest investment into Chptr!
Ganas Ventures and I have invested in Chptr, alongside seed round lead investor Grit Capital Partners and participating funds such as Gaingels, Bullet Ventures, and Lucas Venture Group. Their memorialization advisors include the National Funeral Director Association, Sparrow Funeral Homes and more.
🦄 👊🏽 Chptr investment TL;DR
There’s a lot to love about Chptr. They are…
visionary founder with market-startup-fit in the memorialization space
tapping into a growing $126B end-of-life market
5-star reviews across the board on App Store and Google Play
named #4 Social app of the Year on Product Hunt
SXSW Innovation Awards Finalist
Chptr is a B2B2C platform to celebrate and commemorate deceased loved ones. They are the only mobile-first video platform building the global central repository of memorials to inform future generations.
Team. The Chptr team comes from Carrot, Lattice, Zero, HubHaus, The Boston Globe, Apple, Life is Beautiful, and beyond. Rehan Choudhry, the Co-founder and CEO, brings his extensive experience in marketing and community-building, as the founder of Life is Beautiful (acquired by Rolling Stone). Lucy Arnold, the Head of Product, is a seasoned product manager. Caitlin Healy, the Storytelling and User Success expert, is an Emmy and Pulitzer prize-winning producer. Ben Fox serves as the Head Engineer, contributing expertise in engineering. Nick Kuzma, the Head of Growth, is a highly skilled growth expert. Together, this exceptional team combines its industry knowledge, technical proficiency, and sales acumen to drive Chptr's success in the memorialization industry.
Traction. Chptr has signed deals with The Boston Globe and with Sparrow Funeral Homes, the collective of which will generate 6-figures annually on those deals alone. They have 8 other qualified B2B deals that they are actively working to close and more in the pipeline that sets them up towards achieving their $3.5M ARR goal in the next 18 months.
Market. Chptr’s TAM represents the global death market valued at $134B in 2022 and is expected to expand at a CAGR of 1.84%, reaching USD $150B by 2028. The SAM stands at $30B and SOM at $3.5B.
Catalyzing the future of life/death memorialization. Chptr is catalyzing the future of memorialization by revolutionizing the way people remember and honor their loved ones. With their innovative platform, they are leveraging technology to create meaningful and personalized experiences for individuals and communities. By combining storytelling, user success, and product expertise, Chptr is transforming the memorialization process into a powerful tool for healing and connection. Their team's deep understanding of the industry, coupled with their passion for helping people, enables Chptr to pioneer new approaches and establish themselves as leaders in this transformative space. Through their commitment to innovation and creating lasting legacies, Chptr is shaping the future of memorialization.
Community-driven. Through their platform, Chptr encourages collaboration, storytelling, and shared experiences, allowing individuals to come together, support one another, and honor the memories of their loved ones. By prioritizing community engagement and interaction, Chptr creates a supportive and inclusive environment for users to find solace, healing, and a sense of community in their journey of memorialization.
Roadmap. Chptr aims to be the leading life capture and insights company, providing users with platforms to collect and share their stories across all phases of life. Death memorialization is the most critical issue and pain point for users, which is where we are beginning.
😇 🚀 You can also join the Chptr family
Disclaimer: Ganas Ventures is a 506c fund that allows us to publicly solicit for our raise. All are welcome to apply to become an LP; however, commitments to Ganas Ventures will only be accepted by accredited investors.