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FlashFomo Selected as One of 50 Companies For Startup Grind’s 2020 Accelerate Program

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FlashFomo Selected as One of 50 Companies For Startup Grind’s 2020 Accelerate Program

February 05
02:57 2020

MELBOURNE, AUSTRALIA – FEBRUARY 4, 2020 – FlashFomo has been selected by Startup Grind, powered by Google for Startups, as one of the top 50 startups inducted into the 2020 Accelerate Program. Additionally, FlashFomo will be a featured startup for the 2020 Startup Grind Global Conference held February 11th through February 12th in Redwood City, California. 

The 2020 Startup Program Vetting Process in Numbers:

  • A community of 3,500,000+ Entrepreneurs
  • Received 3,800+ Applications Globally
  • FlashFomo accepted as one of 323 outstanding startups to Exhibit
  • FlashFomo selected in Top 50 high growth companies to Pitch in Silicon Valley FEB 11th & 12th.
  • Prior to selection in the Top 50 high growth companies at Startup Grind Global, FlashFomo was awarded the winning pitch at the equivalent conference for APAC in Dec 2019. 

To complement this success, FlashFomo has secured seed funding from SOSV, one of the world’s most active Angel & Seed Investors Globally. SOSV is a global venture capital firm providing multi-stage investment to develop and scale.

FlashFomo, a social commerce company, connects social influencers to quality manufacturers. FlashFomo holds relationships with over 1,000+ qualified manufacturers and 12,500+ Asian influencers totalling more than 1Bn fans. FlashFomo simplifies the process for social influencers to curate product selection and enables customized design. Founder & CEO, David Nicholls credits their early successes down to the business model “which operates at a minimal Customer Acquisition Cost by leveraging influencers engaged audiences”. 

FlashFomo has signed agreements to work with popular talent from both Universal Music Group {TH} and CJ ENM{KR}. To date FlashFomo have worked with Asian social sensations totalling more than 25M+ Social Followers across 5 markets including: Bie The Ska {TH} (10m+), DaBoyWay {TH} (1m+), JaMill {PH} (7.7m+), Granny Chainz {AU} (4.5M+), GoToe {KR} (1.92M+), Allblanc {KR} (770k+) & Bilingirl {JP} (1.57M+).

FlashFomo enables influencers to create and monetise their own branded products matching their audience data with trending consumer products. FlashFomo offer the following services to influencers:

  • Source Trending Products
  • Design Products & Packaging
  • Manufacture 
  • Build the Influencer’s e-Commerce Stores 
  • Manage Customer Service
  • Fulfilment

FlashFomo maintains an aggressive growth plan for market expansion into all Asian markets within 18 months with a key focus on building a scalable tech platform that curates product selection & automates creative designs.

About FlashFomo

FlashFomo is an online marketplace for Asian Social Influencers to create and sell personalised products to their fans via flash sales. The social commerce sector in Asia is growing exponentially. There are currently 1.7Bn Social Media Users in Asia, growing at a rate of 14% YoY. Within this growing ecosystem, influencers possess unique power, with 70% of audiences being influenced on what to buy from their favourite YouTuber.

FlashFomo is the location for influencers to marry their creativity with products. FlashFomo reaches a network of over 12,500 KOL’s in Asia, totalling more than 1bn fans. They connect these influencers with over 1,000+ manufacturers by automating the product selection, creative process & facilitating fulfilment.

About Startup Grind

Startup Grind is the largest independent startup community, actively educating, inspiring, and connecting 3,500,000 founders in more than 600 chapters globally. Founded in Silicon Valley, we nurture startup ecosystems in 125+ countries through events, media, and partnerships with organizations such as Google for Startups. Our local monthly events feature successful local founders, innovators, educators and investors who share lessons learned on the road to building great companies. Startup Grind also hosts two flagship conferences annually — the Global Conference and Europe Conference. To date, Startup Grind has helped millions of entrepreneurs find mentorship, connect to partners and hires, pursue funding, and reach new users. Learn more at Startupgrind.com

Video Link: https://www.youtube.com/embed/Wp-PVMXNZAc

FlashFomo Media Contact:

Phoebe Lee
[email protected]

FlashFomo Investment Contact:

David Nicholls
[email protected]

Startup Grind: [email protected]

Media Contact
Company Name: FlashFomo
Contact Person: David Nicholls
Email: Send Email
Phone: +61456755761
Country: Australia
Website: https://www.flashfomo.com/