Moochies, Inc is raising $270,000 with a minimum reservation of $2,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.
Concern over kids use of social media through mobile devices is a huge area of discussion. Moochies is creating the first COPPA compliant mobile platform to allow kids safe use of mobile devices.
Launch of Moochies wearable in Australia. 1700 devices sold in first month.December, 2015
Launch of first 3G wearable device for kids. 2000 devices sold, inventory sold out within 3 weeks.January, 2016
Launch of wearable with photo messaging and voice recognition camera. 2300 devices sold within 10 days.December, 2017
Marcus Kilgour joins the team as CTO. Following successful exit from Europe's largest online real estate cloud platform.November, 2017
The kids phone operating system will pair to an app on the parents phone, which will let the parent see who their child is talking to, what they're saying, and allow them to turn settings off and pause messages and interaction if they wish.
This is a facility for children to use their mobile and watch in a similar way to Apple Pay. The parent will top-up the child's pocket money account through the app, and their child can then use their device to pay for things contact-less.
Currently Moochies generates revenue from hardware watch sales, and a commission from the telco SIM provider for the amount of calls and data the device uses per month. We will expand this through developing the overall platform, to open up NFC pocket money payment commissions, advertising on the parents app, and accessory sales such as straps, screen protectors and care kits.