opus.me overview spring 2016
TRANSCRIPT
Page 2
OPUS.ME ENSURES PEOPLE ARE TELLING THE
TRUTH
We do this by providing
access to verified
profiles that can
include:
• personal ID’s
• credentials
• qualifications
• criminal conviction
checks
OUR RESULTS
Provide immediately available informationReal-time decisions – who to hire, allow on your platform, grant credit,
or rent an apartment – Requires more accurate and accessible information
than what’s available in the market today
Create efficiency in sourcing and usageAlthough the same personal and professional data is needed to make
each of those decisions, today it is being sourced independently each
and every time it’s required
Introduce a higher quality, lower cost solutionOur model leverages existing data in a way that ensures we can
deliver the highest quality, up-to-date profiles for our partners, at the same
or cheaper rate, than what is available in the market
Page 3
ONE DATA PROFILE…MULTIPLE USES
Verified Data Elements
Global Verified IDs
Trade & Business Licenses
Certifications
Degrees & Enrollment
Work History
Liability Insurance
Commercial Surety Bond
Bankruptcy
Driving Records
Criminal Background Checks
Mobile Phone Fingerprints
Drug Tests
High School Graduation (coming soon)
• Opus.me is creating a new type of data
company; Our model contains
elements that background check
companies, credit bureaus and
LinkedIn provide
• Who buys this data today:
Employers
Lenders
Landlords
P2P Marketplaces
Background check and big data
companies
The Opus.me Profile
Page 4
THE OPPORTUNITY FOR OPUS.ME
Every American who buys, sells,
services, rents, lends, interacts,
hires, applies…
185M Profiles
… has profile data that, when accessed
2-4 times per year, will generate
approximately $40/yr. in revenue … $40… which makes the databank
opportunity annually worth
approximately $7.4B
$7.4Bannually
x
Page 5
• We have the distinct advantage of being low cost:
1. Unique methodology to drive to and keep costs low
2. Efficiently access data, and in some cases, built our own databases
3. Capability to resell our data to multiple parties, spreading costs to
deliver shared savings to all buyers
HIGH QUALITY, LOW COST SOLUTION
$28.50(Oct 2015)
$15.99(Mar 2016)
Average Retail Price for an Opus.me Profile
Opus.me is 50% lower priced then the competition, and will continue to drive price downwards, while protecting margin
Page 6
PRODUCT DYNAMICS
On a per profile basis, year over year revenue and margin increase as a
result of having more partners accessing the same data profiles
Full Profile (single-access)
Year 1 Year 2 Year 3 Year 1 Year 2 Year 3
Active Profile Year Active Profile Year
Year 1 Year 2 Year 3
Partners (Lifetime) 1 3 5
Accesses (in year) 3 5 6
Revenue per Profile $39.00 $68.49 $84.48
Gross Margin 23% 56% 64%
Full Profile (multi-access)
Year 1 Year 2 Year 3
Partners (Lifetime) 1 1 1
Accesses (in year) 1 1 1
Revenue per Profile $15.00 $13.50 $13.50
Gross Margin 30% 29% 29%
Page 7
VERIFIED DATA ELEMENTS UP 73% IN 2016
• We have sold a diverse set of data
• For example, License / Certification verifications make up more
than 41% of the first 2,500+ verified data elements verified
Page 8
REVENUE FORECASTTota
l P
rofile
Revenue T
ota
l Activ
e P
rofile
sBy the end of 2018, we are forecasting 3M+ profiles will be
in the databank and an annual run rate of $91M
Page 9
EFFICIENT USE OF FUNDING TO DATE
TECHNOLOGY
Launched full product solution and portals for end users and partners
Integration with all key data vendors
Fully automated ID, Criminal, Education, Work History, and Driving
Record products
Built and deployed APIs for partners and data providers
SALES
Launched with 17 paying customers
Proved business case within pre-employment, P2P marketplace
verticals
Successfully tested with multiple top tier marketplaces
Developing multiple partnerships with new revenue streams: access
fees, data licensing, white-label distribution
PRODUCT
Secured key data contracts for access to data from hundreds of
providers
On-boarded and managed screenings for active customers
Added Bankruptcy, Commercial Surety Bonds, College Enrollment,
and non-US ID verification to screening offering
Added 18M attributable data elements in the licensing space
Page 10
FUNDING NEEDS THROUGH 2017
Databank Expansion + Revenue Generation
• Headcount – Sales / Biz Dev
• Build additional unique datasets
• Marketing incentives for new profile creation:
Association & Industry partnerships
Consumer-driven profile creation
Partner-screening incentives
Infrastructure Investment
• Headcount – Ramp Service + Support functions to scale with
expected profile volume
• Tech integrations with additional data sources
• Investment in additional distribution options
Page 11
IMPACT TO OUR PARTNERS…AN EXAMPLE
“Opus.me has provided Paintzen's Operations Dept with a tremendous boost by allowing our
staff to focus on other components for our business' growth. Opus.me assists with our internal
vetting process, the on-boarding and on-going verfications of contractors who work on our
platform, which is an essential aspect for Operations.”
Joseph FalcicchioDirector of East Coast Operations
“I can say that Opus appealed to us because homeowners have consistently stated that trusting
their general contractors is one of the most important factors in choosing a GC. We feel that
opus gives Sweeten GC's an advantage by providing an extra layer of trust during a stressful
time for homeowners.”
Michael Lee SweetenDirector of Finance and Development
Page 12
APPENDIX
PHILIP CHARLES-PIERRE, CO-FOUNDER
Philip has successfully built enterprise and
subscription based businesses in Travel, Real
Estate, and Publishing for some of the top names in
the markets. Philip turned his attention to co-founding
Opus.me after recognizing the incredible value that
the databank concept could deliver across so many
different enterprises in today’s evolving economy.
MARC FADER, CO-FOUNDER
Marc is an investigator and attorney with expertise in
gathering and verifying information. He managed
thousands of background checks as a partner at a
premier investigations firm, seeding his desire for a
new way to provide affordable, high-quality access to
previously out-of-reach verified personal and
professional information.
RONEN MAGID, CTO
Ronen successfully launched his first commercial
software product while still in high school, and hasn’t
slowed down since. His creative approach to building,
managing, securing and optimizing the databank has
allowed Opus.me to capitalize on automation and
integration efficiencies while still providing a best-in-
class experience for our partners and profileholders.
STACEY BERNHARD, CRO
Through her experience in M&A, strategy, sales,
and user monetization for Match.com and
Travelocity, Stacey has become well-versed in the
value of verified information, and recognized the
game-changer that the Opus.me databank could
be. She joined in November 2015 to focus on
revenue and scaling the business.
OPUS.ME LEADERSHIP
EXISTING PARTNERSHIPS
Beta partner
Beta partner