New technology from startup ventures is transforming the global sports industry. This Startup Series has introduced over 300 startup companies in the sports technology space to a broader audience by allowing Founders of promising new ventures to tell their story and pitch their idea. Feel free to submit your startup’s answers to the below questions or contact us if you know of a startup that should be considered for inclusion in this series.
This series is supported by Stadia Ventures. If you are a sports technology startup looking for strategic investors, we recommend checking out their upcoming accelerator programs.
Company name: Vuevent Inc.
Founder(s): Brent Shafer & Jimmy Derocher
Headquarters: Austin, Texas
1. What is your elevator pitch?
Vuevent delivers mobile application software to large venues, sports games, leagues, tournaments and much more. We empower our subscribers to create a professional-looking mobile app in minutes — a process that would otherwise take event organizers hours.
2. Problem & Solution
We are helping the event organizer(s) with a new platform for to engage their sponsors and fans.
While we help greatly improve the fan experience while attending an event via beacon technology and interactive features.
*Apple is cracking down on the deployment of mobile apps in its iOS app store. In their words "apps must be truly unique to be approved". This will not only make it more difficult to have a mobile app but it will greatly increase the cost. Vuevent is experts when it comes to mobile app development.
3. Market – your target market and the overall market
Our target market is the millions of events happening every year. While our software currently applies best to large venues, sporting events, and festivals we plan to continue our growth so that we can satisfy the needs of any event organizer.
4. Business Model – how do you make money?
We operate under a SaaS model.
Shared or Container app:
~$500 - $1,000 per event
Standalone app:
~$10,000 - $20,000 depending upon customization
5. Management Team – with titles
Brent Shafer - Co-founder & CEO
Jimmy Derocher - Co-founder & CTO
Cole Sears - CFO
Cyrus Norwood - Head of Strategic Solutions
Kylee McLean - Head of Product
Max McCaddon - Head of Business Development & Partnerships
6. Financial Needs: are you currently looking for investment? Have you raised investment already? If so, who are your investors?
We have currently raised just under two million is seed round
