(Created page with "'''Smart Cushion that breathes with you, making meditation simple + engaging''' == Summary == * Mental well-being meets the engaging world of connected fitness * Evidence-based immersive experience created for aspiring meditators * Gently pulsing cushion that guides breathing + focus w/ app subscription * Secured paid product pilots valued at >$25K by PwC, Hearst, and more * 4x retention (>1M mins meditated) compared to existing mainstream apps * Funded for product dev...")
 
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== Problem ==
== Problem ==


== Meditation and breathwork apps have never been more popular, but they don’t deliver results ==
=== Meditation and breathwork apps have never been more popular, but they don’t deliver results ===
Millennials and Gen Z consumers demand results from their mindfulness tools. Mainstream apps aren't cutting it.  
Millennials and Gen Z consumers demand results from their mindfulness tools. Mainstream apps aren't cutting it.  


=== Over 80% of people stop using meditation apps within just days. ===
'''Over 80% of people stop using meditation apps within just days.'''
 
Why meditation apps alone don't work:
Why meditation apps alone don't work:


Disposable: Apps are easy to download and forget about
'''Disposable:''' Apps are easy to download and forget about


Singular Voice: People can't relate without teacher diversity
'''Singular Voice:''' People can't relate without teacher diversity


Macro Communities: Large groups aren't engaging or personal enough
'''Macro Communities:''' Large groups aren't engaging or personal enough


== Solution ==
== Solution ==


== An immersive meditation experience that’s more than screen-deep ==
=== An immersive meditation experience that’s more than screen-deep ===
Using proven methodologies from the connected fitness space, Aduri makes meditation simple and enjoyable, so students come back day after day. Consistency is the key to unlocking all the proven benefits of meditation.
[[File:9d6ee9ed3e5a9dafcc93dcdce696bbc4783975c5.png]]
 
Using proven methodologies from the connected fitness space, '''Aduri makes meditation simple and enjoyable, so students come back day after day'''. Consistency is the key to unlocking all the proven benefits of meditation.


=== Immersive Experience ===
=== Immersive Experience ===
[[File:663954e4eb97dcfafbe5c824c9c43ad66646fefb.png]]


=== Tangible Product ===
=== Tangible Product ===
[[File:D0e002452e7269290bd956c106764b880a0d30fe.png]]


=== Sound Science ===
=== Sound Science ===
[[File:21edb14473f7b086e7b9fd1b7eba5c3db7b2ad1c.png]]


=== Small Group Accountability ===
=== Small Group Accountability ===
[[File:46ceff9d09c4f367c17ebc648429191aa10f1e5.png]]


== Product ==
== Product ==


== An evidence-based, immersive meditation training system that keeps people practicing ==
=== An evidence-based, immersive meditation training system that keeps people practicing ===
The Aduri Cushion is an award-winning, multi-sensory meditation system that combines the immersion of gentle pulses with music-based content rooted in neuroscience to make meditation easier, more engaging, and enjoyable.  
The Aduri Cushion is an award-winning, multi-sensory meditation system that combines '''the immersion of gentle pulses''' with '''music-based content rooted in neuroscience to make meditation easier, more engaging, and enjoyable.'''
 
Students can practice solo or '''sync cushions virtually to meditate together in real-time''' for a shared, collective experience.
 
[[File:4e044782b340130a3514c6ae03eacaec41d510c.png]]
 
[[File:2afb79ae39e660c101dcc667ead67636dab78c09.png]]
 
[[File:Eaba7bae8cb740e6b6c34320b1aa1393cec4434e.png]]
 
[[File:F3eb76258a5e5b0afec159483626c33b9c357610.png]]
 
[[File:A5004d505007389d3d023a8c2874860a2648f11d.png]]
 
[[File:E9a38ff139db5d58cbaa8e8a8c703ae75e30440c.png]]
 
[[File:F5a2cb6cae87cb656d79a7840b4b7aa3a405d78.png]]


Students can practice solo or sync cushions virtually to meditate together in real-time for a shared, collective experience.
[[File:D9551edd5e600fe4d100420e56f768670497b760.png]]


=== Meet Hannah, the talented designer behind Cushion: ===
=== Meet Hannah, the talented designer behind Cushion: ===
{| class="wikitable"
<nowiki><vimeo>https://vimeo.com/551996432</vimeo></nowiki>
|
 
|
[[File:C0246178a2674528fe2e26ecbf1325cfb070bb15.png]]
|
 
|}
[[File:92c773ba36c5f20fcce3eacda9a8bb16a802296.png]]
Meet Rita, Aduri's Head of Mindfulness + Strategy:
 
[[File:41e02c2a06cbf5a74e6282641404dc722e733067.png]]
 
[[File:A9c16a36843b56a27eb588544977c4843c9e375.png]]
 
[[File:E222a855e2d0eb2e2bff5555e0105e8bed4c6734.png]]
 
[[File:78db0f5c98d42acbc0e5b29f79881ba308474ea6.png]]
 
[[File:5913ab6131c416fb47dc1bd207ec6b4f508572ea.png]]
 
[[File:20835fd0363cdcb6943f8cb97211ebd51211498.png]]
 
[[File:83f53f62f78a7eef5658137a6179007a82a2011.png]]
 
[[File:845778684acf3092bc52dc0af9c51097ab8c5479.png]]
 
=== Meet Rita, Aduri's Head of Mindfulness + Strategy: ===
<nowiki><vimeo>https://vimeo.com/551995493</vimeo></nowiki>
 
[[File:71aece2504218a9a41699ab0c8df84f8adabc38.png]]
 
[[File:Cfa9742dc18cf8a6a1514c422137868215d2fbc.png]]
 
[[File:Bdb5aaea04d729115a40ccbbd94286ccee14e55.png]]


== Traction ==
== Traction ==


== Demand has blown away expectations ==
=== Demand has blown away expectations ===
 
* We exceeded our launch goal — '''initial pre-order product run sold out''' (2.5x beyond initial limit)
* '''Paid product pilots valued north of $25K''' placed by global companies like PwC and Hearst
* Our closed beta, tested on 1000+ prospective users, '''showed 4x user retention''' (>55%) compared to mainstream apps (<15%)
* Funded for product development by one of the '''largest global sportswear brands'''
* '''Thousands of prospective customers''' waiting to be notified when we re-open waitlist deposits
[[File:B538db6fb6798b256cb448cf0d535e51ede3079d.png]]


* We exceeded our launch goal — initial pre-order product run sold out (2.5x beyond initial limit)
=== We've been featured in global media outlets: ===
* Paid product pilots valued north of $25K placed by global companies like PwC and Hearst
[[File:F31af7bd4c6d5376293699dc399ce4be77dcc06.png]]
* Our closed beta, tested on 1000+ prospective users, showed 4x user retention (>55%) compared to mainstream apps (<15%)
* Funded for product development by one of the largest global sportswear brands
* Thousands of prospective customers waiting to be notified when we re-open waitlist deposits


We've been featured in global media outlets:
And were awarded as an '''Honoree in the 2021 NYCxDesign Awards''' in health + wellness.


And were awarded as an Honoree in the 2021 NYCxDesign Awards in health + wellness.
[[File:C83065d1bcdace5fdf7ab6575c2afcc214134274.png]]


== Customers ==
== Customers ==


== There are more aspiring meditators now than ever before   ==
=== There are more aspiring meditators now than ever before   ===
The benefits of a consistent mindfulness practice are clear – our customers ''want'' to meditate. Aduri helps them achieve their goals by building consistency to improve their mental fitness and unleash their potential.  
The benefits of a consistent mindfulness practice are clear – '''our customers ''want'' to meditate'''. Aduri helps them achieve their goals by building consistency to improve their mental fitness and unleash their potential.  


We know from our growing community that wellness-optimizers and high-performers alike are willing to pay a premium for goods and services that help them live better.
We know from our growing community that wellness-optimizers and high-performers alike are willing to pay a premium for goods and services that help them live better.


Here's what our customers are ''already'' saying about Aduri:
Here's what our customers are ''already'' saying about Aduri:
[[File:C409f7cd85db415314a7822bb81fe5fc6c747e92.png]]


== Business model ==
== Business model ==


== Hardware + software model unlocks quick scale and immediate payback ==
=== Hardware + software model unlocks quick scale and immediate payback ===
Our business model is simple: we sell the Aduri Cushion alongside our premium app subscription.  
Our business model is simple: we sell the Aduri Cushion alongside our premium app subscription.  
[[File:F73ba940ecc527a740bd00128183d983b31086.png]]


We sell Cushion at a 50%+ margin, which will increase significantly as we scale production, and earn recurring revenues via our premium app subscription.
We sell Cushion at a 50%+ margin, which will increase significantly as we scale production, and earn recurring revenues via our premium app subscription.

Revision as of 18:05, 17 July 2022

Smart Cushion that breathes with you, making meditation simple + engaging

Summary

  • Mental well-being meets the engaging world of connected fitness
  • Evidence-based immersive experience created for aspiring meditators
  • Gently pulsing cushion that guides breathing + focus w/ app subscription
  • Secured paid product pilots valued at >$25K by PwC, Hearst, and more
  • 4x retention (>1M mins meditated) compared to existing mainstream apps
  • Funded for product dev by one of the largest global sportswear brands
  • $14.9B annual market opportunity; massive whitespace in $121B market

Problem

Meditation and breathwork apps have never been more popular, but they don’t deliver results

Millennials and Gen Z consumers demand results from their mindfulness tools. Mainstream apps aren't cutting it.

Over 80% of people stop using meditation apps within just days.

Why meditation apps alone don't work:

Disposable: Apps are easy to download and forget about

Singular Voice: People can't relate without teacher diversity

Macro Communities: Large groups aren't engaging or personal enough

Solution

An immersive meditation experience that’s more than screen-deep

9d6ee9ed3e5a9dafcc93dcdce696bbc4783975c5.png

Using proven methodologies from the connected fitness space, Aduri makes meditation simple and enjoyable, so students come back day after day. Consistency is the key to unlocking all the proven benefits of meditation.

Immersive Experience

663954e4eb97dcfafbe5c824c9c43ad66646fefb.png

Tangible Product

D0e002452e7269290bd956c106764b880a0d30fe.png

Sound Science

21edb14473f7b086e7b9fd1b7eba5c3db7b2ad1c.png

Small Group Accountability

46ceff9d09c4f367c17ebc648429191aa10f1e5.png

Product

An evidence-based, immersive meditation training system that keeps people practicing

The Aduri Cushion is an award-winning, multi-sensory meditation system that combines the immersion of gentle pulses with music-based content rooted in neuroscience to make meditation easier, more engaging, and enjoyable.

Students can practice solo or sync cushions virtually to meditate together in real-time for a shared, collective experience.

4e044782b340130a3514c6ae03eacaec41d510c.png

2afb79ae39e660c101dcc667ead67636dab78c09.png

Eaba7bae8cb740e6b6c34320b1aa1393cec4434e.png

F3eb76258a5e5b0afec159483626c33b9c357610.png

A5004d505007389d3d023a8c2874860a2648f11d.png

E9a38ff139db5d58cbaa8e8a8c703ae75e30440c.png

F5a2cb6cae87cb656d79a7840b4b7aa3a405d78.png

D9551edd5e600fe4d100420e56f768670497b760.png

Meet Hannah, the talented designer behind Cushion:

<vimeo>https://vimeo.com/551996432</vimeo>

C0246178a2674528fe2e26ecbf1325cfb070bb15.png

92c773ba36c5f20fcce3eacda9a8bb16a802296.png

41e02c2a06cbf5a74e6282641404dc722e733067.png

A9c16a36843b56a27eb588544977c4843c9e375.png

E222a855e2d0eb2e2bff5555e0105e8bed4c6734.png

78db0f5c98d42acbc0e5b29f79881ba308474ea6.png

5913ab6131c416fb47dc1bd207ec6b4f508572ea.png

20835fd0363cdcb6943f8cb97211ebd51211498.png

83f53f62f78a7eef5658137a6179007a82a2011.png

845778684acf3092bc52dc0af9c51097ab8c5479.png

Meet Rita, Aduri's Head of Mindfulness + Strategy:

<vimeo>https://vimeo.com/551995493</vimeo>

71aece2504218a9a41699ab0c8df84f8adabc38.png

Cfa9742dc18cf8a6a1514c422137868215d2fbc.png

Bdb5aaea04d729115a40ccbbd94286ccee14e55.png

Traction

Demand has blown away expectations

  • We exceeded our launch goal — initial pre-order product run sold out (2.5x beyond initial limit)
  • Paid product pilots valued north of $25K placed by global companies like PwC and Hearst
  • Our closed beta, tested on 1000+ prospective users, showed 4x user retention (>55%) compared to mainstream apps (<15%)
  • Funded for product development by one of the largest global sportswear brands
  • Thousands of prospective customers waiting to be notified when we re-open waitlist deposits

B538db6fb6798b256cb448cf0d535e51ede3079d.png

We've been featured in global media outlets:

F31af7bd4c6d5376293699dc399ce4be77dcc06.png

And were awarded as an Honoree in the 2021 NYCxDesign Awards in health + wellness.

C83065d1bcdace5fdf7ab6575c2afcc214134274.png

Customers

There are more aspiring meditators now than ever before  

The benefits of a consistent mindfulness practice are clear – our customers want to meditate. Aduri helps them achieve their goals by building consistency to improve their mental fitness and unleash their potential.

We know from our growing community that wellness-optimizers and high-performers alike are willing to pay a premium for goods and services that help them live better.

Here's what our customers are already saying about Aduri:

C409f7cd85db415314a7822bb81fe5fc6c747e92.png

Business model

Hardware + software model unlocks quick scale and immediate payback

Our business model is simple: we sell the Aduri Cushion alongside our premium app subscription.

F73ba940ecc527a740bd00128183d983b31086.png

We sell Cushion at a 50%+ margin, which will increase significantly as we scale production, and earn recurring revenues via our premium app subscription.

Super "sticky" customer referral loops

Circles, our small group feature, creates super sticky customer referral loops — people are more willing to join and stay engaged if their friends are on the same platforms too.  

Our business model results in immediate hardware payback as well as an efficient way to organically scale user growth.

Cushion margin as of July 2021

Market

A surging $121B+ mental wellness market

Our initial target market is the nearly $3B meditation and mindfulness segment of the broader, almost $121B mental wellness industry. While Cushion only targets this smaller market niche, Aduri is well-positioned to expand our market reach within the larger mental wellness space via new products, digital content, and partnerships.

Mental fitness is the new physical fitness – Meditation is following in the same footsteps as the $88B global yoga industry:

The following trends are no secret:

  • Mental Fitness Is Now a Priority for Millions — Stress levels are up globally and consumers are tapping into mindful practices to reduce their stress and anxiety
  • Designated Spaces for Connected Fitness — People have carved out space in their homes and invested significant portions of their disposable income into connected fitness products
  • Rare Opportunity to Form New Holistic Habits  — Flexibility, mental fitness, and balance will be core drivers as individuals take advantage of this rare opportunity to consciously form new habits as the world shifts into the new normal

*Market sizes rounded to the nearest whole number. As of 2019: $120.8B global mental wellness market; $2.9B meditation & mindfulness. Projected $5.96B connected fitness market by 2025.

Competition

Connected fitness meets mindfulness for an engaging, sustainable practice

Aduri brings all the best aspects of connected fitness systems to the practice of mindfulness at an accessible price.

Aduri stops the hopping between meditation apps and delivers outcomes through the combination of a beautiful cushion, engaging experience, high-quality content, and group-based sessions.

Vision and strategy

Aduri will become THE mindful living company

We will own the mindful living category and make mental fitness a core pillar of daily life.

It's our fundamental belief that people are constantly exploring and optimizing personal transformation to improve their lives, bring people closer together, and make the world a better place.

Aduri will continue our mission to change the trajectory of society's mental wellbeing.

Aduri is committed to achieving long-term growth and becoming a leader in the mental wellness industry.

  • By expanding into B2B and B2B2C, we can transform the ways we support mental fitness at scale, especially with healthcare systems
  • Growing product lines will allow us to enter new market categories with high-margin goods, services, and content offerings
  • The ubiquity of smart home tech, AI, and biofeedback are providing exciting future growth opportunities for Aduri and mindful ways of living
  • Aduri will reshape access to mental fitness tools for under-served communities through company-led initiatives and partnerships  

*Market sizes rounded. As of 2019: $49.5B senses, spaces, & sleep, $34.8B nutraceuticals & botanicals; $33.6B self-improvement; $2.9B meditation & mindfulness.

Impact

One small step for wellness, one giant leap for wellbeing

Aduri (adj., Sanskrit आदुरि): mindful

We believe through mindfulness we can build a better, kinder world together, because to us, it's about more than just your mind, it's a movement.

Funding

Investors include General Catalyst's RDV, XRC Labs, NY Economic Development Corp and more                          

Current fundraise capital allocation:

  • Accelerate our time to market + inventory
  • Marketing and customer acquisition
  • 4x meditation content library size
  • Jumpstart further product research studies + user analysis

Prior to our Republic campaign, Aduri has raised over $450K:

Other noteworthy leaders backing Aduri:

Founders

Rockstar team with decades of experience

75+ years combined experience across technology, content, and mass-market product design.

Jesal Trivedi - CEO and Founder

Jesal Trivedi

CEO + Founder

With over a decade of experience across tech, media, and product innovation, Jesal's a seasoned professional in the industry. Jesal led and grew the Mobile Product team at Blue Label Labs, was tapped and funded by Microsoft to pioneer UX/UI principles for the Hololens AR headset ad Co-Founded multimedia companies such as Tech808 and The Phat Startup which was featured in TechCrunch, Re/Code, and Fast Company.

Now, Jesal’s passion is within Aduri where blends his roots of Indian heritage and coming from 10+ generations of meditation teachers in hopes of uplifting the world’s mental fitness.

Rita Murjani - Head of Mindfulness + Strategy

Rita Murjani Mindfulness + StrategyRita has nearly a decade of experience across finance, strategy, as well as teaching yoga + meditation. She started her career at Citi where she structured more than $5B worth of debt for renewable energy and infrastructure projects and also developed a trillion dollar regulatory capital instrument to save the firm over $500mm worth of tax attributes.

Rita’s yoga and meditation practices were the things that kept her going, and she began moonlighting as a teacher at some NYC's most prestigious studios  like SkyTing Yoga and Equinox. She ultimately left banking to dive deeper and started her own business teaching meditation at large institutions and start-ups alike.

Now as part of the founding team, Aduri is where her skills and interests come together — she sits at the intersection of meditation and spreadsheets.

Hannah Berkin-Harper - Industrial Design Lead

Hannah Berkin-Harper Industrial DesignHannah is an industrial design expert with experience across furniture, tableware, consumer goods, and a variety of products made for public spaces. After receiving her master’s in industrial design, Hannah spent nearly a decade in Karim Rashid’s studio working with hand-made artisanal producers as well as multinational brands like Unilever, Nambe, and Umbra.

Hannah’s longtime yoga and meditation practice, focus on environmental sustainability, and interest in ergonomics have influenced her design work for Aduri. She also teaches at Pratt Institute and at the NYU Tandon School of Engineering.

Samantha Mellone - Head of Marketing

Sam Mellone

MarketingSamantha is a strategic marketer + yogi dedicated to helping minority-owned businesses engage with their communities through powerful content. Over the last decade, she has developed marketing strategies on local, national, and international scales, to build publications, brands, and platforms. She began her career working for a variety of independent and prestige publications, including titles under Conde Nast and Meredith.

Sam transitioned to the consumer product goods industry working for a variety of brands - both in house and as a consultant. Past projects include: STORY, DevaCurl, Color Wow, Organic Valley, and BlueFly.

Aduri Team Mascots - Leo + Mallow

Aduri Team

Jesal Trivedi

CEO and Founder

13+ years across tech, media, and mobile product development; Featured in TechCrunch, Fast Company & Cheddar

Rita Murjani

Head of Mindfulness + Strategy

8+ years of experience across finance, strategy, as well as teaching yoga + meditation; Equinox, SkyTing, ex-Citgroup

Samantha Mellone

Head of Marketing

10+ years of experience across storytelling, content, partnerships, and strategic activations for 20+ brands

Hannah Berkin-Harper

Lead Industrial Designer

15+ years of experience in industrial design + teaching at NYU, Pratt; ex-Karim Rashid, ex-West Elm

Justyn Cruz

Head of Sound Design

15+ years of sound design, audio branding, and music production experience

Sam Holland

Head of Manufacturing

14+ years experience designing and manufacturing hardware across multiple industries; Ex-Makerbot, ex-Vimeo

Ruth Zuckerman

Advisor

Founder, Flywheel Sports & SoulCycle

Lori Marcus

Advisor

Former CMO, Peloton; Former VP Marketing, PepsiCo

Adinor Puplampu

Lead Firmware Developer

Chirag Patel

Lead Software Developer

Sandy Zhu

UX/UI Design Lead

Alisha Dhir

Graphic Designer

Sarah Liddell

Illustrator

Miguel Santiago

Meditation Guide

Julie Sacks

Meditation Guide

Heidi Luo

Junior Growth Analyst