Crispify Seedstars Pitch
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The document discusses Crispify, a video editing app designed for easier mobile video editing and sharing, featuring automated editing and compression without quality loss. It highlights the competitive landscape, market potential with an addressable market of 877.5 million smartphone users, and outlines the team's experience and roadmap for growth. Additionally, it states the goal to raise $500,000 in funding to achieve app launch and revenue targets.
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Crispify Seedstars Pitch
- 2. A short story!A short story!
- 3. Easier video editing and sharing on mobile! Easier video editing and sharing on mobile!
- 4. ProblemProblem Difficulty in video editing Difficulty in video editing Bandwidth cost Bandwidth cost Duration of the video Duration of the video
- 5. SolutionSolution Automated video editing Automated video editing Compression without loss of quality Compression without loss of quality
- 6. ProductProduct App with Crispify option App with Crispify option Interesting filters Interesting filters Social featuresSocial features
- 7. CompetitionCompetition MagistoMagisto InstagramInstagram VineVine No compression. Does not work on frame level. No compression. Does not work on frame level. Only filters. 15 seconds limit. Only filters. 15 seconds limit. No automated editing. 6 seconds limit. No automated editing. 6 seconds limit.
- 9. Market Size Market Size Total Market Size Total Market Size Addressable Market Size Addressable Market Size 1.75 Billion Users*1.75 Billion Users* 877.5 Million Users877.5 Million Users Users* - http://www.emarketer.com/Article/Smartphone-Users-Worldwide-Will-Total-175-Billion-2014/1010536Users* - http://www.emarketer.com/Article/Smartphone-Users-Worldwide-Will-Total-175-Billion-2014/1010536
- 10. Revenue model Revenue model B2B Crispify technology B2B Crispify technology Selling APISelling API Paid appPaid app
- 11. ProgressProgress Filed US patentFiled US patent Released public beta app Released public beta app In talks with probable clients In talks with probable clients Incubated at Startup Chile Incubated at Startup Chile
- 12. RoadmapRoadmap Achieve 1 Million app downloads in a year Achieve 1 Million app downloads in a year Launch app in iOS and Windows Launch app in iOS and Windows Generate 1M USD revenue in 2 years Generate 1M USD revenue in 2 years
- 13. TeamTeam BalaramanBalaraman Video technologyVideo technology 4 years experience in video codecs, video editor for short-films 4 years experience in video codecs, video editor for short-films KarthickKarthick Mobile technologyMobile technology MS (Virginia Tech), 9 years experience, Microsoft mobile devices team MS (Virginia Tech), 9 years experience, Microsoft mobile devices team
- 14. TeamTeam TripatTripat SundarSundar Business & AlliancesBusiness & Alliances Go To Market StrategyGo To Market Strategy Founded a video startup, 15 years experience in entrepreneurship Founded a video startup, 15 years experience in entrepreneurship 10 years experience in consumer mobile and web 10 years experience in consumer mobile and web
- 15. Funds needed Funds needed We are looking to raise 500K USD We are looking to raise 500K USD
- 16. FeedbackFeedback Crispify indeed seemed to significantly reduce the video file size. A 14 second video took about 90 seconds to upload on crispify vs 210 seconds via facebook (both via LTE) Crispify indeed seemed to significantly reduce the video file size. A 14 second video took about 90 seconds to upload on crispify vs 210 seconds via facebook (both via LTE) from industry partners from industry partners Crispified video has significant improvement over original video. Crispified video has significant improvement over original video. In the benchmark that I tried, the video size decreased from 92 MB to 9.35 MB without any decrease in quality. In the benchmark that I tried, the video size decreased from 92 MB to 9.35 MB without any decrease in quality. - Vandan Parikh, Flickr PM- Vandan Parikh, Flickr PM - Cliff Reeves, GM Emerging business, Microsoft. - Cliff Reeves, GM Emerging business, Microsoft. - InMobi app spotlight- InMobi app spotlight