Pink Cloud Announces Its Global Expansion Plan and Fundraising Initiative
- Written by Newsfile
Los Angeles, California--(Newsfile Corp. - August 11, 2022) - Pink Cloud, a sobriety app co-founded by Jason Varughese and Justin Fraga in 2015, has announced it is in the process of scaling up and raising funds. The founders established the company to solve the challenges stemming from the lack of centralized database systems for alcoholics anonymous (AA) meetings. It caters to the staggering number of people diagnosed with alcohol-use disorder (AUD) across the globe. Research findings have stressed how common AUD is worldwide, as it results in the demise of over 3 million people annually according to the World Health Organization's records[1]. Hence, it is paramount for emerging healthcare brands to create innovative mechanisms to curb this endemic.
Limited access to AA meetings, minimal research-backed treatments, social discrimination[2] and privacy concerns have plagued the global AUD community. This App aims to bridge the gaps found in this healthcare sector with its resourceful database, social networking extension plans and strong cybersecurity model, helping protect the anonymity of its clientele base through its "zero username and password user verification" feature.
It's noteworthy to mention that they launched this App with a record-breaking number of roughly 110,000 AA meetings. They expanded to include support for people suffering from drug addiction and are now up to 250,000 meetings in their database, including virtual meetings that started during COVID-19. The Application has already received 310,000 downloads in 94 countries, in addition to propelling further research into solutions for the insobriety market. Pink Cloud is fundraising so as to fully utilize its relevant data and evidence amassed since its inception, to support the sober journey of millions of people struggling with alcohol addiction worldwide. There is a huge untapped global market to be reached, with the help of potential mission-driven partners, in the wake of the pandemic-driven surge in alcoholism.[3]
Growth plans include making iterations of the app, as to incorporate a trends feature for tracking progress, as well as developing a separate wellness and lifestyle app to boost networking within the global recovery market. This is intended to place focus on initiatives like sober dating and access to resources relevant to the sober cause. The trends feature will help inform the healthcare ecosystem about actions that lead to improved outcomes.
Jason Varughese, co-founder and CEO of Pink Cloud, remarked on this by stating that they have built this brand from the ground up, without having a sponsor or taking an income from its successful profit margins. "In the future, I see Pink Cloud expanding and broadening its reach to the target audience in desperate need of this service. We hope to evolve into a health and wellness brand, catering to the neglected global recovery market with exceptional services like sober dating. I'm very excited about the future," he commented.
Media ContactName: Jason VarugheseEmail: feedback@gopinkcloud.com[4]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133401[5]
References
- ^ World Health Organization's records (www.newsfilecorp.com)
- ^ social discrimination (www.newsfilecorp.com)
- ^ pandemic-driven surge in alcoholism. (www.newsfilecorp.com)
- ^ feedback@gopinkcloud.com (www.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/133401 (www.newsfilecorp.com)