Fastr team met with the President of Finland during his visit to Startup Sauna in Helsinki
Meeting the President of Finland is great, but can it have a significant impact on the business? We hope so! Sauli Niinistö met with some Startup Sauna teams yesterday during his visit at Aalto University, when they were shown several innovations such as silent reading training application by Fastr and underwater surface research solution by VRT Finland (more details: http://www.president.fi).
Fastr is a Latvian stratup which started about a year ago during a Garage48 hackaton in Valmiera, Latvia. Fastr later got 50k EUR seed investment from Business Angels and support from Valmiera Business Incubator, and just recently became a part of Startup Sauna ’13 Spring Batch.
Fastr team has created a reading training solution (currently an iPhone and iPad apps) based on an original way of text presentation. This means that text of your book or article used for training is presented with one or several words per screen to teach you to avoid sub-vocalization (pronouncing what you read in your head) and eliminate other bad reading habits. The benefits is that this solution make you a better reader in just a several days of use.
Fastr has been already doing well lately reaching 70k downloads in the middle of May. We have set 2 goals for this year: 1) to achieve 100k downloads in June 2013 and 2) achieve 1 million downloads by the end of the year. Well, the first goal seems very close to be achieved, while the second is a bit more ambitious, but still doable.
When the audience is gained Fastr plans to add more features including access to a content, that is relevant to the readers. Fastr main goal is to become the main reading application for our customers, so that Fastr can be used not only for training, but for any reading they do.