Staffjoy Dec 2015 Angel Round Pitch Deck

Raised $520K

Transcript

1. Philip Thomas and Andrew Hess Automated Workforce Scheduling
2. Our Mission We create flexibility for workers and businesses to help them thrive. 2
3. 407 Workers Scheduled Per Week 1056 Shifts Scheduled Per Week $600 Annual Cost Savings Per Worker 3
4. What is driving this early adoption? 4
5. Breaking Down Shift Scheduling 5
6. 15% Cost decrease by compliance management 10% Cost decrease by matching business demand 5% Cost decrease by preventing overtime 6 Sources: http://www.bls.gov/news.release/empsit.t19.htm http://www.bls.gov/news.release/empsit.t17.htm http://www.shrm.org/research/articles/articles/pages/metricofthemonthsalariesaspercentageofoperatingexpense.aspx
7. • Hardware-based business • $1 billion annual revenue • Core customers dissatisfied ◦ Starbucks amid scheduling revisions for 130K baristas ◦ Secondary market for shift swapping and communication tools Market Incumbent: Kronos Sources: http://www.kronos.com/pr/kronos-surpasses-1-billion-annual-revenue.aspx http://www.nytimes.com/interactive/2014/08/13/us/starbucks-workers-scheduling-hours.html http://www.nytimes.com/2014/08/15/us/starbucks-to-revise-work-scheduling-policies.html 7
8. Sources: http://www.kronos.com/pr/kronos-continues-to-outpace-workforce-management-market-only-leading-vendor-to-see-market-share-gains.aspx http://www.kronos.com/pr/kronos-surpasses-1-billion-annual-revenue.aspx Fragmented $4B Worker Scheduling Industry Ease of Use Schedule Efficiency Easy Hard Low High 8
9. Automated Workforce Scheduling 9
10. Richard Start 8AM End 5PM
11. Richard Start 8AM End 5PM Marie Start 8AM End 5PM Marie Start 8AM End 4PM Marie Start 9AM End 4PM
12. Richard Start 8AM End 5PM Marie Start 8AM End 5PM Marie Start 8AM End 4PM Marie Start 9AM End 4PM Joe Start 8AM End 5PM Joe Start 8AM End 4PM Marie Start 9AM End 4PM Joe Start 8AM End 5PM Joe Start 8AM End 4PM Joe Start 9AM End 4PM
13. Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM
14. Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Marie Start 9AM End 4PM Ma Sta 9A En 4P
15. Ma rie Sta rt 9A M En d 4P M Ma rie Sta rt 9A M En d 4P M Ma rie Sta rt 9A M En d 4P M Ma rie Sta rt 9A M En d 4P M Ma rie Sta rt 9A M En d 4P M
16. Algorithm Deep-Dive • Artificial Intelligence Approach • Worker-friendly constraints ◦ Respects worker availability ◦ Consecutive days off (“Weekends”) ◦ Minimum time between shifts (no “clopens”) 16
17. 17 Demo
18. 18 Manager App
25. 25 Planner App
29. Recent Traction • Launched Oct 22 • Already onboarded three customers ◦ Quiqup ($5K ACV) • LOI with 1-800Courier (Google Express + Amazon fulfillment) worth $36K/year • Pricing: $5/worker/month • Future: Call centers, retail, manufacturing, hospitality 29 (CUSTOMER LOGO)
30. Case Study - Quiqup • On-demand food fulfillment company in London • $5k ACV • 11% Decrease in labor costs • Scheduling >6000 hours of labor per week on Staffjoy 30 (CUSTOMER) (CUSTOMER LOGO)
31. Founders Philip Thomas Philip@Staffjoy.com B.S. - Systems Eng. & Physics Research - Workforce Scheduling Andrew Hess Andrew@Staffjoy.com B.S. - Systems Eng. & Electrical Eng. Research - Fleet Scheduling 31
32. Metrics & Projections 1-Year Goal: Increase people scheduled by 7% per week 2016Q1 2016Q2 2016Q3 2016Q4 Workers scheduled per week 454 1,091 2,618 6,301 Employees 3 4 5 7 Roadmap Mobius Scheduling (Done) Clock-in/Clock-Out (Done) Shift Swapping Scheduled Breaks First Integrations Integrations Demand Forecasting 32
33. Creating the Automated Workforce Hiring Forecasts Scheduling Compliance Clock-in/out Time Off Payroll & Benefits Data 33
34. 34 Summary • Fragmented $4 billion market for workforce scheduling. • Technically-superior product that out-performs other algorithms. • Strong launch with 3 paying customers. • Access to Y Combinator network for sales and integrations. 34
35. Philip Thomas and Andrew Hess Automated Workforce Scheduling