MeetingSift is a collaborative meeting platform that helps hosts and participants have more engaging and productive in-person, remote, and hybrid meetings. It addresses common meeting problems like lack of structure, engagement, and focus by supporting collaboration, providing an agenda and note-taking functionality, and integrating with videoconferencing tools. Customers report saving 20% of meeting time and getting more contributions from participants. MeetingSift has seen booking and customer growth and aims to expand its features and markets with funding.
1. MORE PRODUCTIVE MEETINGS
MeetingSift is a collaborative platform that
helps meeting hosts and participants have
more engaging and productive meetings.
2. Customers report great results!
✓ 20% meeting time saved
✓ 100% participant engagement
✓ 10 times more contributions
“We get better quality feedback,
from more participants,
in less time, with less effort
than with any other facilitation
strategy we have used.
We recommend it highly.”
EARLY CUSTOMER TRACTION
MeetingSift is used across industries and meeting types.
3. PROBLEM: POOR MEETING PRODUCTIVITY
Top documented causes:
● Lack of meeting structure
○ Unclear meeting goals
○ Poor timekeeping
○ Ad hoc group processes
○ Lack of focus and straying off topic
○ Poor documentation
● Poor participant engagement
○ Discussions dominated by a few people
○ Underutilization of collective intelligence
○ Participants feeling disengaged and
getting distracted
This is a big problem:
● Over 6 Billion formal
business meetings are
conducted each year in
the US alone.
● 50% of time spent in
meetings is considered a
waste by attendees.
● 59% of employees say
wasteful meetings gets in
the way of their
productivity.
Unproductive meetings is a significant problem for meeting hosts,
meeting participants, and their organizations.
4. Collaboration
✓ Information sharing
✓ Opinion visualization
✓ Team alignment
✓ Brainstorming
✓ Evaluation
✓ Prioritization
✓ Decision making
SOLUTION: MEETINGSIFT
Structure
✓ Agenda building
✓ Participant invitation
✓ Staying on track and
time
✓ Note taking
✓ Task assignments
✓ Outcome recording
Communication
✓ Integrates with
existing audio/video
platforms that
customers already
use for remote
participation.
MeetingSift is an easy to use collaborative platform
that helps meeting hosts and participants
have more engaging and productive
in-room, remote, and hybrid meetings,
by supporting meeting collaboration,
structure, and communication.
5. Focus Collaboration Structure Communication
Problem
addressed
Lack of engagement
and underutilization of
collective intelligence
in meetings.
Unclear goals and lack
of structure in
meetings.
Meeting travel time
and travel expenses.
Technology
solution
supports
Group activities and
collaborative
processes.
Invites, agenda sharing,
note taking, time
management, and
reporting.
Remote participation
via audio and video
conferencing.
Key
competitors
TECHNOLOGY SUPPORTING MEETINGS
MeetingSift supports meeting collaboration, meeting structure,
and meeting communication.
6. BUSINESS MODEL
Month-to-month (MTM) and annual plans:
TEAM
$15/mo or
$108/yr
PRO
$69/mo or
$468/yr
BUSINESS
$149/mo or
$1068/yr
EVENT
$399/mo
FREE
Limited
compared to
paid plans.
● 80% of customers purchase a recurring revenue (MTM or annual) license.
● 90% of recurring customers are buying our PRO and BUSINESS accounts.
MeetingSift is a subscription based SaaS company with recurring
revenue.
7. MARKETING AND GROWTH STRATEGY
PHASE 1 (started Q3 2015)
Target market: professional meeting hosts
Product: meeting facilitation and participant engagement
PHASE 2 (starting Q3 2016)
Target market: team leaders and teams
Product: + team collaboration and freemium offer
PHASE 3 (2017)
Target market: enterprises
Product: + integration and data analytics
Enhance virality
● More than 60% of new
customers discovered
MeetingSift as a meeting
participant.
● We are designing product
functionalities to enhance
this kind of virality.
Marketing focus
● Targeted online ads.
● Targeted event
sponsorships.
3-Phase growth strategy addressing target markets as they are
supported by product enhancements.
8. THE MEETINGSIFT TEAM
Richard White
CEO
Dr. Alex Bergo
Co-Founder,
CTO & CIO
Dr. Viil Lid
Co-Founder,
CPO & CSO
Christina Rostampour
Sales & Customer
Success
CEO/Executive at
multiple startups
with successful
exits.
Deloitte Consulting,
Office Depot,
PeopleSoft, Ross
Stores, W5 Networks;
Stanford AB & MBA.
Forecasting, Artificial
Intelligence, Machine
Learning, Simulation.
PhD Communication
& Info. Sciences,
MBA, MS Info. Sys.,
MS Logic & Natural
Language
Processing.
Collaborative
Platforms, Human
Computer interaction,
UX, Organizational
Communication.
PhD Communication
& Info. Sciences, MS
Info. Science.
Sales, Training,
Customer Success,
Account
Development.
Salesforce, MuleSoft.
Bachelor of Arts,
University of
California, Davis.
9. TRACTION AND MOMENTUM
Bookings up
66%
80% of revenue is
recurring
New
customers
up 136%
60% annual
licenses
20% MTM
licenses
20%
single event
licensesQ1
2016
Q2
2016
Q1
2016
Q2
2016
14% Sales
conversion
Paid customers
Free trials
14%
MeetingSift spreads virally!
More than 60% of new customers are introduced to MeetingSift as participants
in meetings hosted by existing customers.
10. INVESTMENT OPPORTUNITY
Use of Proceeds:
● Marketing and sales
○ increased online presence, event sponsorship and viral
penetration via Freemium model.
● Engineering
○ add additional collaborative functionality, integrations and
data analytics.
Goal:
● Series A financing in Q3 2017
Currently raising additional seed funding on existing convertible
note.