The global wellness app market was valued at $3.17 billion in 2023 and is projected to grow to $14.98 billion by 2033, driven by increasing demand for health, fitness, and mental well-being solutions.

Focusing on the U.S., Insp1ret targets the 38% share of the global market: SAM = $1.2 billion in the U.S. wellness app market.

Insp1re's realistic market penetration could range from 1% to 5%:

• 1% SOM = $12M/year
• 3% SOM = $36M/year
• 5% SOM = $60M/year

This projection reflects Insp1re's initial market capture potential within the rapidly growing U.S. wellness app industry.

We are seeking $250,000 in pre-seed funding to help Insp1re achieve two critical objectives:

• Testing the product in the market and,
• Gaining initial traction

This funding will provide the foundation for user acquisition, technology refinement, and market validation, positioning us for a seed round of funding by the end of Q2 2025.

The $250K investment will be strategically allocated to:

1. Marketing Costs: To generate awareness and acquire our first users, testing the product’s resonance in key markets.
2. Startup Expenses: Covering initial operational needs, including legal, administrative, and hiring costs.
3. Technology Investment: Continuing to enhance the Insp1re app’s functionality and scalability.