Upgrade to Pro — share decks privately, control downloads, hide ads and more …

Sumry - Pitch Deck

Sumry
September 15, 2014

Sumry - Pitch Deck

http://sumry.in

Co-founders: Sebastian Kade & Nate Hanson

Sumry

September 15, 2014
Tweet

Other Decks in Business

Transcript

  1. “The cost of hiring the wrong person can run into

    the hundreds of thousands or even millions of dollars, not to mention the potential negative impact to a company’s morale and productivity.” Fred Yager Associated Press & dice.com of employee turnover is due to bad hiring decisions. Harvard Business Review 80%
  2. Components of a Quality Hire 20% 80% Skills + Education

    Values, beliefs, motives Are they a learner, leader, innovator, flexible, self-controlled, good listener, encourager? Most resumes only show this & most companies only ask for this. shows both for a 100% picture of the candidate.
  3. Emphasis on story, personality, skills and history. Who they are.

    Full analytics so users can see the best and worst parts of their resume. Trackable 1-page PDFs users can upload to any company job board. Responsive (Phone, tablet, computer, or print)
  4. Traction •600 paying users •$25,000 annual revenue run rate •66%

    of Sumry Apps get interviews •18,000 users (growing 7% a month) •250,000 Sumry points created •Users hired at Apple, Microsoft, Amazon, Tesla + more
  5. Milestones Launched Sumry 18,000 users + $25k revenue January 2014

    August 2014 Sumry 2.0 Launch November 2014 Glassdoor Integration Beta December 2014 Sumry Teams (B2B) January 2015 100,000 users ($200k revenue) March 2015 1,000,000 users ($2M revenue) March 2016
  6. Business Model •Freemium model with consistent 2% conversion from Free

    to Paid plans •14% churn equates to a LTV of $26 and allows us to pay up to $2.50 to acquire a free user •At 1 million users, our projected revenue is $2M
  7. Resume Landscape •75% of applicants don’t hear back on their

    application
 With analytics, Sumry users see why •Job seekers send out 30-50 job applications per week •Recent studies show 80% of hire value is in character and personality
 A trend towards more informative resumes •75% of people are looking for a job
 Both unemployed and unemployed
  8. “You can begin to get a feel for which parts

    of your CV are the most engaging.” The Next Web “Sumry is [for] people who don't want to be another cog in the machine.” Mashable “Sumry is simple, streamlined, and easy for people to scan. It paints a much more holistic picture of you as a candidate.” The Muse
  9. Team Sebastian Kade Co-founder — Took the idea to revenue

    in 8 weeks. Bachelors in IT. Nate Hanson Co-founder — Strategy & Business Dev. Took Sumry from 200 to 18k users. Advisors Mike Conte
 Former GM of Entertainment at Microsoft Hayden Bleasel Developer — Leading Sumry 2.0 development.