DEV PLAN
Fase 1: MVP
FEATURE:
!
•
Profili startup (company video, summary/key info, team, product, biz model, traction)
!
•
Profili investitore (dati personali, portfolio investimenti, upload personal ID)
!
•
Signup con social handles (LinkedIn + email)
!
•
Creazione deal + gestione dei progetti (back-end)
!
!
FUNZIONALITA’:
!
•
Browse deals
!
•
Entrare in contatto con startups (Q&A pubblico/privato)
!
•
Esprimere interesse in un deal/commit to invest
!
!
OFFLINE:
!
•
Legal docs
!
MOCK-UP
Crowdfooding.co
Current Deals | Hot Startup | Hot Investors | Your Dashboard | Your Profilesprig.com
angel.co/sprig
@Sprig
crunchbase.…/sprig-2
!
"
#
CBSprig
Dinner on demand$
San FranciscoDocs
Investors Deck Press Kit PitchHighlights
Nov 2013 - Lunched 6 Nov 2013 - Seed: $2M 30 Dec 2013 - Venture: $500k 1 Apr 2014 - Series A: $12M 15 Gen 2015 - Raising Valuation: $25M Investors: 54 Users: 120k Founders: 4 Employees: 6 Advisors: 3 Board Member: 1Gagan and Neeraj have known each other for 15 years. They have worked together multiple times over the years on projects and new business ideas.
Morgan and Matt worked as a designer/engineer pair for the last 1.5 years, building both Android and iOS apps. While looking for their next gig, they were introduced to Gagan by a mutual friend.
Since then, we've all bonded over our love of food, simple design and changing the world - one dish at at time.
WHO WE ARE
We're all lovers of food and mobile. The problem is that restaurants haven't changed, and are designed for a world before mobile phones, delivery, and a health-conscious market.
Gagan and Morgan spend every moment in a restaurant wondering how they could make it better. Neeraj is a delivery fiend but is sick of all the butter, oil and grease in Chinese and Pizza. Matt has the most sophisticated taste, and is desperately in search of a healthy alternative to his current options.
WHY WE'RE DOING THIS
Morgan Springer
Stanford: graduated with a degree in Symbolic Systems and a Fulbright scholarship.
Tellme/Microsoft: lead designer on $25 million Domino's account. In his spare time, co-filed a patent for his work on voice interactions in the Xbox Kinect.
Catapult Design: worked with the CEO, a World Economic Forum Young Global Leader, to launch the firm. Guest lecturer on product design at Stanford and cross-cultural design at Haas.
Pre-launch Startup: product concepts led to a $10M series A.
Neeraj Berry
High school: EIC of award-winning high school newspaper. Earned a spot on the SJ Mercury News summer writing staff as a result.
Jefferies: ranked top of his analyst class of 40 investment bankers. Worked with senior management of large public companies to raise acquisition-related capital of up to $2B.
12Society: first business hire and head of marketing, operations at subscription e-commerce company. Grew from $0-$1M run-rate in 4 months.
Matt Kent
Rochester Institute of Technology: personally invited to work with Erich Gamma (author of "Design Patterns: Elements of Reusable Object-Oriented Software" and creator of J-Unit) at the IBM Research lab in Zurich. RadRails: co-founder of a Rails IDE that was downloaded over 100,000 times.
Startup Consultant: started a consulting company where acted as first engineer at pre-product companies. Hired engineering teams and built initial product for companies that have raised over $100M.
We're all lovers of food and mobile. The problem is that restaurants haven't changed, and are designed for a world before mobile phones, delivery, and a health-conscious market.
Gagan and Morgan spend every moment in a restaurant wondering how they could make it better. Neeraj is a delivery fiend but is sick of all the butter, oil and grease in Chinese and Pizza. Matt has the most sophisticated taste, and is desperately in search of a healthy alternative to his current options.
IN WHAT WE BELIEVE
MOST IMPRESSIVE ACCOMPLISHMENT
Current team
Show more… Show more…Previous Investors
Show more…Similar Deals
Show more…Current Intersted
Investors
Deals
Show deal details…
20%
$20M Raised: $2M
Days left: 42
Committed Investors
Investors in conversation with
Show deal details…
100% $12M Raised: $12M Closed on 1 April Duration: 60 days Converted Investors: 87% Average Investment: $250k Number of investors: 26 Deal Type: Convertible Notes
Investors
TALK
COMMIT
Investors How it Works Evaluating Companies Investor FAQ Companies How it Works Company FAQ Submit Application About Us What we do Terms Of Use Privacy Policy Contact us [email protected]!
•
Profilo startup + deal
!
•
company video
!
•
summary
!
•
product
!
•
biz model
!
•
traction
!
•
fundraising terms
!
•
+ investor deck (upload)
!
•
+ terms sheets (upload)
•
Company
highlights
!
•
+ fundraising
terms
!
!
•
Previous
funding rounds
!
•
team
Browse deals &
Commit to invest
1
!
!
!
!
CF verifies identity+
investor status
(via doc upload)
2
Signs terms*
3
Wire
investment to
CF
4
WORKFLOW
(investor)
* filing IRS form (US) / W8-BEN form (international) to certify tax status
!
Create deal
1
!
!
!
!
Receive offers for
investment & close
deals
2
CF collects signed
documents +
investments
3
CF sends
docs + wire
investment
4
WORKFLOW
(entrepreneur)
ONLINE
OFFLINE
Fase 2: MATCH-MAKING
FEATURE:
!
•
Analisi del portfolio degli investitori e identificazione del focus di investimento
!
•
Investitori indicano aree di (preferenza) investimento
!
•
Integrazione auto-accreditamento investitori (e.g. Accredify)
!
!
FUNZIONALITA’:
!
•
Outreach dei deal in base alla composizione del loro portfolio + interesse (aree di investimento)
!
•
Dashboard per gestione deal (e.g. comunicazioni, investimenti, firma documenti)
!
!
OFFLINE:
!
•
Payment
!
Sviluppare algoritmo che analizzi portfolio investitori, identifichi focus di investimento e suggerisca opportunita’ di
investimento in linea con il profilo dell’investitore + aree di interesse (indicate)
!
!
4
Receive deals &
Commit to invest
1
!
!
!
!
Verify identity + investor
status
(via third-party tool)
2
Finalize deals,
signing docs
(via dashboard)
3
Wire investment
to CF
WORKFLOW
(investor)
ONLINE
OFFLINE
CF wire
investment
3
Receive offers &
Close deals
1
!
!
!
Finalize deals, signing
docs
(via dashboard)
2
WORKFLOW
(entrepreneur)
ONLINE
OFFLINE
