Detroit Venture Partners & CincyTech Aren’t Afraid Of The ChoreMonster

ChoreMonster, DVP, CincyTech, Cincinnati Startup

Original ChoreMonster artwork like this fills the 3rd floor at the Brandery where ChoreMonster works. It’s referred to as the “Alumni Penthouse” (photo: nibletz LLC)

 

I love writing about ChoreMonster. It’s a Cincinnati startup and Brandery alum who helped me get my daughter engaged in doing chores when she was four years old (during beta). Now my daughter is about to turn six and loves doing chores thanks to the ChoreMonster.

This fun startup uses great illustrations to help parents develop incentives to get their kids to do chores. It’s all handled through an interactive app. My daughter can access her chores on her iPod touch or iPad mini, and we can keep up with them on our iOS devices as well.  As she completes chores she earns credit towards prizes that we’ve selected. My daughter’s room is filled with My Little Ponies, Beanie Babies, and a telescope set that were all incentives for chores over the last 14 months.

ChoreMonster continues to grow in my home and on the national front as well .

The company just announced a $1.5 million dollar “early stage round” led by Dan Gilbert, the chairman of Cincinnati casino operator Rock Ventures LLC and founding partner at Detroit Venture Partners.  Cincinnati’s CincyTech also participated

ChoreMonster plans to use the money to increase its staff to 14 and continue to grow. They also took the time this week to announce a major partnership with Proctor & Gamble’s Crest Oral-B.

Cincinnati.com reports that this investment is also notable because it marks Gilbert’s entry into the Cincinnati entrepreneurial ecosystem, one that continues to thrive.

ChoreMonster has steadily been raising capital since their graduation from the Brandery in the 2011 class. In January 2012 the company raised $350,000 in seed funding.  A year later they launched ChoreMonster out of private beta and took a $775,000 investment round.

This latest round doesn’t just bring capital to the table. DVP will also provide some expertise in the parental space. DVP partner Ted Sebrinski was the co-founder of ParentsClick, which was acquired by Lifetime Television.

“DVP is a firm led by experienced and successful entrepreneurs with a hands-on, deterministic approach to early stage investing that is aligned with our approach,” said Mike Venerable, CincyTech’s managing director for digital, software, and health technology companies.

With Gilbert already having business dealings in Cincinnati and now also involved in the startup ecosystem, Venerable is confident that DVP will participate in more Cincinnati deals, telling Cincinnati.com:  “DVP is one of several new Midwest funds that are bringing new energy and capital to work in cities like ours, and DVP is active and engaged in Cincinnati. We fully expect to work with them on other opportunities in the future.”

Check out our video interview with Choremonster below:

And speaking of Cincinnati:

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Cincinnati Startup ChoreMonster Makes Chores Fun For The Whole Family VIDEO INTERVIEW

Choremonster,Cincinnati startup,Brandery,TechCrunchCincinnati startup ChoreMonster makes chores fun for the whole family.  The Cincinnati based startup, founded by Chris Bergman and Paul Armstrong was one of the standout startups in the 2011 class at the Brandery Accelerator in Cincinnati’s Over-The-Rhine neighborhood.  The startup was designed around monsters that Paul Armstrong had created and shown to Bergman. The two decided that they really needed to do something fun, positive and profitable with the monsters.

Bergman tells us in the video interview below that he didn’t have the best home life as a kid. He didn’t delve deep into that but you can tell that he is very passionate not just about starting a tech company,but the good that ChoreMonster is going to do for families and kids.  He loves the idea behind incentivizing chores and of course the gamification of them as well.

So how does it work?

Parents sign up at ChoreMonster.com. While it’s in beta right now Bergman tells us that all you have to do is share it with your Facebook friends, through a one-click process and you’re into the beta. He also tells us you can find beta invite codes everywhere. At this point the beta is more about putting the finishing touches on the product rather than limiting users at this stage in the game.

After you sign up, you create a profile for your child (children) no worries though the parent controls everything that the child sees.

From there you start setting up chores. You can pick from the list of chores or make up your own. Once you’ve selected a chore you fill out the chore form which asks you to assign it a point value.

The next step is to set up rewards which your child can redeem for points. The parents create the rewards themselves. For my daughter we created a chore “pick up toys and books” we assigned it a value of 5 points and that it needs to be done every day.  At 50 points our four year old daughter can redeem it for a new My Little Pony. We added a variety of other chores along with a bunch of awards including things like movie night where we will go see a movie in the theater, after school ice cream trip, and after school trip to the park.

There is an app that we downloaded for her on her ipod touch which tells us she’s completed a chore. Once we verify the chore she gets the points in her point bucket.

The best part may be when the monsters come into play though. Armstrong has designed a great group of monsters that each kid can redeem. They plan on adding a virtual market so the kids can add virtual items to their monsters, buy premium monsters and interact with other kids and other monsters.

Original ChoreMonster artwork like this fills the 3rd floor at the Brandery where ChoreMonster works. It's referred to as the "Alumni Penthouse" (photo: nibletz LLC)

Sure ChoreMonster isn’t going to last forever in a kids life. The average family will probably get great use out of ChoreMonster from the time their child is four to about 12 or 13. They may grow out of it by then, but heck it’s around that age that the chore chart comes down as well.

From a startup business standpoint, with their core set of users theres barely any attrition. After the family has the big family meeting about ChoreMonster, and once the kids start using it, it’s not something that can be easily tossed to the wayside like an app or game you may have gotten bored with.

Bergman tells us the next step is to add an app for the parents so that they can verify chores, track chores, and check up on their child’s progress from their own app.

The two co-founders are filled with heart, soul and laughter and of course creativity. They work out of the top floor of the Brandery which has been dubbed the “Alumni Penthouse” from some of the companies that work out of the space. From the middle of the top floor of the Brandery Bergman and Armstrong can see all the way down to the bullpen where the current class is working hard on their startups.

Both co-founders can often be found mentoring the new startups as well. You can also find them very active in the social, community parts of the Brandery whether it be a Reds game, basketball, beer pong or one of the Brandery’s social gatherings. They’re both as committed to the Brandery community as they were when they were going through the same rigorous program.

Check out the video below where Bergman talks more about what drove him and Armstrong to create ChoreMonster and you can just tell from the discussion this is something he believes in. Investor’s believe in them as well. In 2011 they took the $25,000 top prize in the Cincinnati Innovates competition. They also closed a round of funding at the beginning of the year for $350,000 dollars from private investors and CincyTech.

Linkage: 

Go sing up for ChoreMonster here

Here’s a great piece on the Brandery

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