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IRef The Perfect Match.

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Presentation on theme: "IRef The Perfect Match."— Presentation transcript:

1 iRef The Perfect Match

2 iRef connects sports leagues and referees.
- Rob Sigmon, Founder/CEO

3 An Industry in Pain Worldwide referee shortage in every sport
1 billion amateur games played annually iRef trains and matches referees: Eliminates league recruiting/administration Background checks/rates referees Increases referee earnings Simplifies payment and taxes Free for leagues and referees

4 iRef Matching Process Request a Ref Find a Match!

5 Sales Strategy Referee game commissions Referee training clinics
20% of gross referee fee Referee training clinics New refs and upgrading certifications Advertising App platform and SMS push Sponsorships Sports and other brands – unreached demo

6 Go To Market Strategy Phase II – 1 year Phase I – 6 months
3 Additional markets launched Sales Rep in each region Series A financing round to scale operations Phase II – 1 year Complete MVP Sales – contact leagues, procure referee listings Beta test 10 leagues in Colorado Pre Launch marketing to leagues and referees: Digital, PR, mobile, lists, associations

7 Competition & IP Unique Patent Competitive Advantage
Trademark Patent Competitive Advantage No existing active referee/league matching app “iRef the perfect match” Trademark applied Utility Patent for matching technology and design patent Main competitive advantage: First to market domestically and internationally

8 Management Team 8 JOE CLARK Startup Mentor @MergeLane @Boomtown
Founder @PranaBusiness SaaS Consulting ROB SIGMON CEO, MBA Sales & Marketing Founder @Internationalcmo2go @MoveDonSoccerLeague Franchise Operator GREG WALDBAUM Founder @3DLacrosse @FirehouseAnimalHealth Sports Management Startup Investor   PAUL WAGNER CTO Enterprise Web Mobile Tech Founder @CreativeLab.TV @Collabsy JOHN IKALOWYCH MBA, SR VP @CoBizBank Capital Acquisitions M&A, Commercial Executive Director @C3ExecCollaborative JONATHAN BRYANT VP Business Development DAN WILSON CMO GREG WILSON Controller JOHN REEB PhD, MBA Owner @CrestcomInternational Management Consulting Leadership, Lean Fortune 500 HUGH HEWITT AB, Harvard National Radio Host Partner @HewittWolensky Constitutional Law Prof @ChapmanUniversity JUSTIN STAUDENMAYER Chief Strategic Officer DAVE TERPSTRA Chief International Officer 8

9 3 Year Revenue Projection
Average Revenue per League 50 games/100 $30/hr = $3,000 Gross Revenue/month Gross Revenue $3,000 Referee Commission (80%) $2,400 Payment Processing (3%) $ Net Revenue (17%) $ Expenses, G&A (8%) $ Net Profit (8%) $ Phase I = 10 Leagues x $3,000/Mo = $30,000/Mo Year 1 = 20 Leagues x $3,000/Mo x 4 Markets = $2.9M Gross Revenue Year 2 = 12 Markets = $8.7M Gross Revenue Year 3 = 36 Markets = $26.1M Gross Revenue = $2.1M Net Profit* Represents .3% global market share

10 Phase 1 = MVP & Market Launch
Programming                            $150,000 Management Team Salaries      $120,000 Operations G&A                        $80,000 Marketing                                 $60,000 Working Capital                       $90,000                          TOTAL                                    $500,000

11 Private Investor Round
$100,000 Investment Potential Return Equity 5% 4.2x =$420,000* Net Profit Share 3% 3x = $300,000** $50,000 Investment Equity 2% 3.3 x =$168,000* Net Profit Share 1% 2 x = $100,000** $25,000 Investment Equity 1% 1.6 x =$84,000* Net Profit Share 0.5% 1.5 x = $37,500** $1.9 Million pre money valuation, exit plan in year 4 at 4x projected Net Profit of year 3 = $8.4 Million ** Net Profit Share is paid quarterly on referee fees and referee training profits with a three year cap

12 iRef Rob Sigmon, CEO (303) 941-1925 rob@iRefnow.com
4045 S. Broadway, Suite 106 Englewood, CO 80113


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