Overview
BACH, co-founded by Mike Petrakis and Greg, is an innovative app for planning and booking bachelor/ette parties. Launched in January 2020, the app facilitates party planning by offering tools for organizing events, sharing expenses, and booking experiences in various U.S. cities. BACH quickly gained traction, amassing over 100,000 users in the first 60 days and 40,000+ parties using the app in a month.
Unique Aspect
BACH differentiates itself with a focused niche in bachelorette party planning, integrating social features with a comprehensive marketplace for experiences.
Approach to kick off
The founders built a 50,000+ subscriber waitlist by targeting engaged individuals on social media, creating a viral loop for rapid growth.
Scoop
Business Model ViabilityThe app's focus on a specific segment of event planning, coupled with its marketplace model, demonstrates a successful and replicable business strategy.
Future Projections
Aim to dominate the bachelorette market with plans to expand and diversify the user base and offerings in the coming years.
Startup Stats
📊 ARR: $6,000,000
📈 MRR: $500,000
🚀 Startup Costs: $1,000,000
👥 Team Size: 12
🌍 Market: Targeting the bachelorette party market across multiple U.S. cities
👨💻 Users: 100,000+ in first 60 days, 40,000+ parties using the app monthly
💰 Funding: Bootstrapped
👨💼 Founders: Greg Greg Mike Petrakis
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