Parabol Angel Pitch Deck

Preview:

Citation preview

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

jordan@parabol.cotaya@parabol.co

Recommended