Founders Factory is unlike anywhere else. We create entirely new products from scratch and turn promising concepts into prototypes, and ultimately an MVP, validating decisions commercially along the way to attract a founding team that can spin out into a fully-fledged business
Our latest concept from the Studio (Backed by Reckitt Benckiser) is Project GiGu - https://gigu.co.uk/
The concept has already been through the Founders Factory Studio, time in which we’ve reached some key milestones:
1) First signs of Product-Market Fit
2) Built Prototype MVP
3) Received early investor interest based on Beta version addressing a big, urgent problem
What exactly is the concept?
Gigu helps D2C ecommerce businesses to enter new, international markets with ease and confidence.
Manufacturing and shipping physical products is hard. Most physical-product businesses begin fulfilling from their own country - often even someone’s spare room! The process of expanding globally is stressful; there is no central source of information and it is hard to determine if the potential gain of entering a new market is worth the implementation or operational costs.
Gigu empowers physical-product businesses to scale to new territories by connecting to their e-commerce store and telling them exactly what they need to do.
From advising where to store their inventory, to ensuring they have met all regulatory and compliance laws, we give them peace of mind that no box has been left unticked. As they expand to new markets, we give them full visibility on their operations and management, including optimising inventory management, ensuring regulatory compliance and submission of customs paperwork.
Over time, our data-driven platform can also advise which territory to enter next based on both their product performance and our trend analysis.
Mission + Vision
We believe that Gigu can transform how small brands and physical-product creators grow their businesses.
By enabling them to easily and confidently expand to new international markets, we can help them increase their sales and drive more revenue.
Our vision is a world where every D2C store can serve customers globally, with no stress.