Summary
MentorCruise, founded by Dominic Monn, offers a unique mentorship marketplace specifically for people in tech. It was founded when Monn was 20 years old during a long commute. The startup bridges the gap in the mentor-mentee relationship outside traditional educational or work settings. Starting with a few dozen initial users, the platform has grown significantly in three years, now hosting about 500 mentors.

Unique Aspect
MentorCruise stands out by providing continuous mentorship access beyond conventional education or job settings, with a flat monthly fee model and a diverse range of mentors.

Approach to kick off
The initial idea was based on Monn's personal experience and peer interactions in the tech and mentoring community. He built an index of mentors and mentees from his network, leading to the platform's early user base.

Scoop

Business Model Viability
The model, focusing on continuous mentorship with a flat fee, is viable and addresses a specific need in tech education.

Future Projections
Continued growth, aiming to reach over $16k in MRR by year-end with plans for expanding the team and improving mentor performance.

Startup Stats

📊 ARR: $207,600

📈 MRR: $17,300

🚀 Startup Costs: $3,000

👥 Team Size: 3

🌍 Market: Tech mentorship market

👨‍💻 Users: Around 500 mentors, user count not specified

💰 Funding: Bootstrapped

👨‍💼 Founders: Dominic Monn