Executive Summary_New_TG

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Tripgrid is a collaborative platform designed to unify all travel applications for businesses and individuals that organize complex team travel. Tripgrid seamlessly integrates previously disconnected travel management resources such as calendars, maps, itineraries, reservations, attachments and other fundamental travel apps in one centralized workspace. The result is increased productivity, transparency and reduced traveler friction. Executive Summary Business travel in the US is a $500B industry. Tripgrid’s primary markets are with those organizations requiring complex travel management such as production companies, event & experiential marketing, media & advertising, tourism boards, collegiate and professional sports, high tech sales, and management consultancies to name a few. There are approximately 1.3 Million companies within our verticals experiencing on average 30% travel within the organization at a frequency of 30% of the year. These verticals account for approximately $8.7 Billion in travel spend a year with travel budgets accounting for a large portion of their expenses. Our total market value at these ranges is $4.2 Billion. We have priced Tripgrid on a subscription basis for small teams of 20 users or less at $150 per month and large teams between 21 and 50 at $300 per month (yearly discount). Larger organizations will see customized pricing. Tripgrid’s benefit is an increase in travel administrator productivity of 80% while helping decrease travel budget losses, due to mismanagement or miscommunication, which can range from 3 to 10% a year. Market –Travel and Tourism Addressable Market:

Transcript of Executive Summary_New_TG

Tripgrid is a collaborative platform designed to unify all travel applications for businesses and individuals that organize complex team travel. Tripgrid seamlessly integrates previously disconnected travel management resources such as calendars, maps, itineraries, reservations, attachments and other fundamental travel apps in one centralized workspace. The result is increased productivity, transparency and reduced traveler friction.

Executive Summary

Business travel in the US is a $500B industry. Tripgrid’s primary markets are with those organizations requiring complex travel management such as production companies, event & experiential marketing, media & advertising, tourism boards, collegiate and professional sports, high tech sales, and management consultancies to name a few. There are approximately 1.3 Million companies within our verticals experiencing on average 30% travel within the organization at a frequency of 30% of the year. These verticals account for approximately $8.7 Billion in travel spend a year with travel budgets accounting for a large portion of their expenses. Our total market value at these ranges is $4.2 Billion.

We have priced Tripgrid on a subscription basis for small teams of 20 users or less at $150 per month and large teams between 21 and 50 at $300 per month (yearly discount). Larger organizations will see customized pricing. Tripgrid’s benefi t is an increase in travel administrator productivity of 80% while helping decrease travel budget losses, due to mismanagement or miscommunication, which can range from 3 to 10% a year.

Market –Travel and Tourism Addressable Market:

Tripgrid is a collaborative platform designed to unify all travel applications for businesses and individuals that organize complex team travel. Tripgrid seamlessly integrates previously disconnected travel management resources such as calendars, maps, itineraries, reservations, attachments and other fundamental travel apps in one centralized workspace. The result is increased productivity, transparency and reduced traveler friction.

Executive Summary

Market –Travel and Tourism Addressable Market:

Joe Stevens – Co-FounderEntrepreneur and business executive. 17 years as an executive and project manager. Co-founded Solvport.com in 2004, sold to TRMCopycenters.com in 2008 and to Burroughs.com in 2012. Previously VP and Investor at Acuityinc.com. Previously as Director of Field Operations and Project Management at Solvport LLC, VP of Field Operations at TRM Copycenters and Operations Analyst at E*TRADE Financial Access. Joe assisted Jake in initial ideation, has developed the revenue and business model and is providing seed. Joe holds a B.S. in Business Administration from the University of Montana.

Jake Hoskins – Co-FounderJake is a world traveler having traveled to over 20 countries on 5 continents and lived in first Australia and then Columbia, and is an avid travel planner. Previously an executive Dynamic Positioning Officer with 16 years’ experience aboard a sea-going exploratory vessels. Jake helped bring together the existing team, has provided seed and original concept. He has a marketing/sales background and is the product visionary. Jake is Portland Chapter Leader for Travel Massive and on the board of Meeting Planners International, Portland chapter.

Jake Horn – Co-FounderEntrepreneur and Designer/UI/UX. Previously Design Director at R/GA working with Nike, Design Director at TheClymb.com and Co-Creator OffGrid LLC (Off Grid app – android / offgridapp.com). UI/UX/Design professional with ability to run small to large product teams. B.A. in Journalism and Mass Media - University of Idaho. Jake is currently overseeing the Tripgrid product.

Tim Tischler – CTORecently Architect at Renew Financial and Sr. Architect at Kaleo Software. Tim has also held positions as Director Operations for Automation at Nike and was one of the first developers at HomeAway, exiting that company as Director of Engineering. Tim is an experienced developer and team leader.

Executive Team

Brent HieggelkeCurrently SVP Marketing at Vadio. Formerly CMO at Urban Airship, Executive Marketing Consultant at Homeaway and Founder/CEO at Second Porch. Brent is an experienced Marketing executive, especially within the online travel industry.

Cliff JohnsonCurrently Co-founder and Chief Development Officer at Vacasa vacation rentals. Formerly associate attorney at Law Offices of Robert Goldstein. Cliff is an experienced operation executive and lawyer and on the board of MAPLE Micro development.

Scott HollingsworthCurrently VP of Finance at SheerID, formerly CFO Leftlane Sports, VP of Finance at TheClymb and Manager of Financial Planning and Analysis at DemandForce (sold to Intuit). Scott is an experienced financial executive and analyst.

Luis VargasCurrently Chief Brand Officer and President, Travel at Leftlane Sports. Formerly Head of Adventure Programs at REI and Trip Development Manager at Walt Disney. Luis holds board seats with the Young Travel Professionals Association, the Sustainable Travel Association, as well as the Adventure Cycling Association. Luis’ expertise is in adventure programs, branding and business development.

Advisors