Sex toy startup seeking investment, where do we look? | Hacker News Reader

Sex toy startup seeking investment, where do we look?

5 pointsdr_swe15 comments

Hi,

My name is Eric, and I'm based in Sweden. 1,5 years ago, me and my partner had an idea for a new type of adult toy for women. We made a prototype and gave it to a couple of friends and strangers for testing, and it turned out that we had found an innovation in the most fundamental part of the toy, which showed really really good results amongst our testers. The product is simple (key feature), discrete and relatively cheap to produce. We have a pending patent.

We spent the last 1,5 years developing this product, and have now reached a partnership with a big brand in this space who are willing to sell this product under their name. We have a production line ready. What we need now is money to produce the first batch. Does anyone know where we could look for an investor who would be willing to enter the space of adult toys with us? Where do we look?

Thanks.

I would try pitching established companies in the same space. Incumbents often invest in newcomers in other industries -- might work here too.

This is what we have been doing. The very first company we presented to liked it and we are now going forward with them. Until that is a no, we can't pitch to another company, that is how we formulated our contract, and it is a mutual deal.

Why not run a kickstarter/indiegogo campaign?

This is probably a good idea since the product obviously applies to a large portion of society, rather than a specific niche.

OP says its easy to produce. Kickstarter may not be good.

Contact me with details.

One of my clients (i cover technical aspects) is well known sex and relationship therapist with large following and connections.

There might be an opportunity here.

Done, I appreciate it.

I've found the following people on Twitter are willing to talk & offer what they know about the industry:

@SaucyStartups

@JennyPurr

@cindygallop

Thank's a lot!

I'm not an investor but just curious roughly how much money you need?

€100.000

I'm interested. Tell me more!

Do you have an email I can reach you with?

Actually, you could reach me at klittrabysweden@gmail.com if you want to continue talking!

Jag oskå! Min email är en mig profile. Vad kul!

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