Company description
HipGeo is a secure way to record all the moments in your day using smart phones through photos, video, audio and more. It enables you to archive your life including your routes and places, and share with family and friends, or colleagues. HipGeo is a mobile social network integrated with popular social networks. HipGeo is pioneering continuous location services.
Team
Scott Daniel is a serial entrepreneur and skilled s/w engineer who founded, lead, and sold two previous ventures, then worked in senior positions at the acquiring companies, Phoenix Technologies and Geocities/Yahoo.
Jeff Kunzleman is a s/w architect, coder, entrepreneur, and senior technical manager who worked with Scott on the same two successful startup ventures and at the acquiring companies.
Rich Rygg is also an experienced entrepreneur, skilled in product strategy, product management, business development, online communities, and customer management. He has worked at CompuServe, AOL, GeoCites, and Yahoo! where the three met. He founded iChange, acquired by Herbalife in 2011.
Business model
HipGeo's long term business model is to provide a Mint.com like suggestion engine to users, integrating third party offers and services. As the user archives their information, they build a profile which they can choose to match to offers and opportunities through alerts. Users and friends respond to suggestions, offers, and ads. HipGeo makes money through revenue share, ads, and referral fees.
Competitive advantage
Superior battery management, extensive backend technology, and a unique approach to archiving GPS data.
Investors