sovi deck
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