parabol angel pitch deck
TRANSCRIPT
Collaboration for a Complex World
Lack of job clarity & work priorities
Lack of structured accountability
Only 29% of Millennials Feel Engaged at Work
But in just 4 years, they will be the majority of the global workforce.
A 2016 Gallup study reveals why:
Agile software for business teamsdoes not exist
Since the 1990s, Agile is how software teams work together.
As tech companies rack up wins, business teams have taken note and are adopting Agile, however…
Business Teams are Going Agile
Introducing: ActionAgile Software for Business Teams
Opportunity
Today’s suite of business tools won’t prepare us for the future of work →
Interdisciplinary, adaptive teams need software that enables a
fundamentally new way of organizing and working.
SILOED
SHORT SPRINTS
LONG CYCLES
MULTIDISCIPLINARY
NewOpportunity
Basecamp
MS Project
Asana
Trello
JIRA
Workfront
Podio
Wrike
Smartsheets
Percolate
Pivotal Tracker
Rally Glassfrog
MS Planner
Coach
Action coaches teams through Agile practices, such as holding a weekly meeting to prioritize work.
The meeting is live, like a Google Doc.
Coordinator
Team project boards clarify priority, status, and ownership. An personal dashboard shows work across teams.
People know what to focus on.
The Market Exists Today
*of 53,255 jobs posted to LinkedIn; 12-Sep-2016
“Agile for business” software fills a clear existing need.
Nearly one-third of open positions that require an Agile skill set are for non-technical positions.*
The Market is Growing
Adoption of Agile at work is growing.
Google Trends data reveal that searches for “agile for business” are growing sharply.
“Agile for business” Google Trend as of 7-Oct-2016
Competitive/Growth Landscape
ADJACENCIES
1.AUTOMATED
AGILE FOR BUSINESS
TEAMS
3.ORGANIZATIONAL
SYSTEM OF RECORD
WHITE SPACE & ENTRY-POINT
2.COLLAB.
PLANNING (TEAMS OF
TEAMS)
PROJECT & TASK
MGMT.(NON-AGILE)
Market Size Analysis
PRODUCT CATEGORYESTIMATED# OF USERS
ESTIMATEDADDRESSABLE
MARKET
AVG REVENUE/
USER
GLOBAL2016
ESTIMATES
AGILE FOR BUSINESS 250k $15M $5.00/mo
COLLABORATIVE ENTERPRISE PLANNING
3M $240M $6.67/mo
5-YEAR MARKET OUTLOOK
ORGANIZATIONAL SYSTEM OF RECORD
30M $2.5B $7.00/mo
Business Model
+FREE TIER
~$5.00/mo./user
MONTHLY SUBSCRIPTION PREMIUM ADD-ONS+
For a single team incremental on LTV
Oooh so SaaSy.
Milestones
Spring Angel round opened. Initial product designs completed, real-time foundational tech-stack engineered.
Summer First employees hired. Product implemented.
Fall Product deployed to 100s of Fortune 500 customers through existing consulting partnerships.
Winter Angel round closed. Product enters public SaaS beta.
Spring Launch of public released product.
2016
2017
Team Advantage
Jordan Husney (Co-Founder) - Fortune 100 organizational change consultant, designer, engineer, and multiple patent-holder. Former VP of Platform/Quirky
Taya Mueller (Co-Founder) - catalyst, bootstrapper, founding member of 5 orgs in 3 states. Columbia University (Anthropology), CCA (MBA, Design Strategy)
Terry Acker (Founding Member) - front-end architecture, UX strategy, UI design, brand systems. Former Front-End Developer/Quirky, BoomTown, CMC Dallas
Matt Krick (Founding Member) - full-stack web developer, data scientist, international project manager. Former Program Analyst/Ecova, Boeing
Angel Investors
Adam PisoniCo-Founder & CTO/Yammer, Co-Founder/Responsive.org, CEO/Able Schools
AugustAugust is a NYC-based consulting firm helping some of the world’s largest organizations achieve agility at-scale. They are founded upon the belief that today’s most valuable work depends on teams of people who work well together.
The ReadyFounded by former Undercurrent CEO, Aaron Dignan, The Ready is a NYC-based consultancy preparing organizations for the 21st century. Dignan is an active seed-stage investor and has served on digital advisory boards for American Express, GE, and PepsiCo, as well as on the Board of Directors for Smashburger.
What Folks Are Saying
“When they shared Action with us, I immediately knew how the product could boost our business. If we had it now, we'd be using it with all of our clients.
”
“At Percolate we’ve proven marketers needed a digital system of record beyond spreadsheets. Other teams will be no different. Parabol are ones to watch.
”
Noah Brier,Co-founder & CEO
Dutch MacDonald, President & CEO
$450k @ $3MM CAP
Join us!
SEED FUNDING
$125K raised to date
www.parabol.co
[email protected]@parabol.co