sovi deck

Post on 27-Jun-2015

125 Views

Category:

Technology

3 Downloads

Preview:

Click to see full reader

TRANSCRIPT

Problem

Consumers have to look in too many different places to find great things to do

Why?

?

Local businesses don’t have a reliable solution for marketing events to consumers

Solution

Create a social network based on events and things to do

Post Access & ExperienceEventsLocal

BusinessesConsumers

Businesses Post Events in 60 Seconds

Individuals access and experience events

Engagement

Usage Map

7000+ 20% 3.5 mins 150+ 2 eventsTotal Users Active Average

VisitBusinesses Posted Per

Week (avg)

Many businesses you know use Sovi:

Cross-Promotion with Sovi Business Users

Business Model (32% of events on Sovi require tickets for entry)

Events Social Network + Ticketing Services = Sustainable Revenue

● $5B Industry ● $300M Industry in active

markets● 4M tickets in current Sovi

events pipeline for 2015● 600k sold through Sovi in 2015

(15% share)● $2 Average Service Charge● $1.2M revenue generated in

2015

Competition from existing ticket vendors

Event Discovery

Event Management

Contracted Ticket Sales

Uncontracted Ticket Sales

Snapshot

Team Investors Financials

Rebel Capital Advisors(Charleson, SC)

Tumml Urban Ventures Accelerator (San Francisco, CA)

Advisors

$60k Seed Investment (2013)

$500k Raising for Seed Series

Tom FeulnerSales Director @Yelp, @Stanfordhttps://linkedin.com/in/tomfeulner

Earle GregoryCEO @Tribr, @Duke MBAhttps://angel.co/earle

Julie LeinPresident @Tumml, @Stanford, @MIT Sloanhttps://angel.co/j2ulie

Clara BrennerCEO @Tumml, @NYU, @MIT Sloanlinkedin.com/pub/clara-brenner/28/248/108

Terry HornerCTO @Chartspan Medical Technologieshttps://angel.co/terry-horner

Trey PringleCEO // UIX Developerlinkedin.com/in/treypringle

Tom EvansCTO // Full-Stack Developerlinkedin.com/in/tomevans54

Hannah TateCMO // Business Devlinkedin.com/in/hannahtate

Derrick BurnsCIO // Back-End Developerlinkedin.com/in/derrickburns

Moving Forward

A $500k Seed Investment will allow us to:

★ Set up a Centralized Headquarters★ Make all team members full-time -- 4 software engineers and 3 business

development professionals.★ Release Sovi for Android★ Expand to 5 new metros★ Operate on 12 months runway

In 2015, Sovi will achieve multiple milestones:

★ Actively showcase events in 10 metros★ Have 100,000+ active users★ Have 2,000+ live business customers★ Become revenue positive

@SoviExperience

team@sovi.fm

top related