Investor Presentation TSXV:VENZ

Transcription

1 Investor Presentation TSXV:VENZ

2 Disclaimer Forward-Looking Information This presentation contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the execution of the Company s growth strategy. Generally, forward looking information can be identified by the use of forward-looking terminology such as plans, expects or does not expect, is expected, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or state that certain actions, events or results may, could, would, might or will be taken, occur or be achieved. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; and regulatory risks. Additional information about these assumptions and risks and uncertainties is contained under Risk Factors in the Company s filing statement dated December 12, 2017, which is available under the Company s SEDAR profile at and in other filings that the Company has made and may make with applicable securities authorities in the future. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The forward looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. 2

3 An Automated Cloud-Based Solution, Eliminating Manual Labor and Costly Errors in a $23 Trillion Retail Industry Venzee is a game changer Cindy Fogarty, VP Ecommerce. ELK Group International 3

4 About Venzee Venzee s cloud-based platform uses artificial intelligence to automatically turn product information from supplies and manufacturers into requirements of their retailers, removing an unnecessary and labor-intensive step in their workflow 90% of suppliers and manufacturers still use a 30 year-old technology, spreadsheets, to share critical information about their products with their retailers, creating a labor intensive process that delays revenue and increases costs Using Venzee automates the delivery of enriched and accurate product investor updates and eliminates human error Operates under a freemium SaaS model with pricing packages that include: Free, Basic, Premium and Enterprise Accelerated by 500 Startups, a top Silicon Valley accelerator (1% acceptance). Switching from spreadsheets to Venzee has accelerated our business. The automation Venzee provides gets our products into the marketplace fast. We re thrilled! Cindy Fogarty, VP Ecommerce, ELK Group International 4 1https://500.co/startup/venzee/

5 Market Opportunity The National Retail Federation expects that online retail will grow 8-12% per annum, up to three times higher than the growth rate of the wider industry. The US Department of Commerce reports e-commerce accounted for 11.7% of total retail sales in 2016, up 15.6% over % of spreadsheets contain errors after deployment Source: Supply Chain DIVE Forget fulfilment drones, we have a $23 trillion* retail industry running on spreadsheets. *USD$ National Retail Federation,

6 For Retail

7 The Problem The systems at retailers like Bed, Bath and Beyond aren t compatible with the systems used by their vendors. This is why big retail force thousands of vendors to fill out 200+ column spreadsheets, everyday, creating a costly, labor intensive process that delays revenue and produces human error. 7

8 The Legacy Data Problem: Cost & Chaos 90% of suppliers and manufacturers still use spreadsheets to share critical information about their products with retailers. This is a 30 year-old problem that effects everyone, even large chain retail stores like Walmart, and Bed Bath and Beyond. For retailers, the process of turning spreadsheets into products to sell online is: Labor Intensive Expensive Full of human error Delays revenue Venzee revolutionizes Product Information Management (PIM) with a feature rich export that automates functions including content generation. 8

9 How Venzee works On average, it takes around SIX MINUTES to add one new product to Shopify. That must be multiplied for dozens or hundreds of products, and they all have to be updated - by a person. With Venzee, creating and managing thousands of live products on Shopify takes just minutes. These also update automatically. 9

10 Put your store on Autopilot AI powered supply chain is the future of retail Autopilot acts as an inbox for retailers to receive spreadsheets from vendors. Autopilot automatically turns the data in these spreadsheets into live products for sale on Amazon, Shopify or WooCommerce. Getting started is as easy for retailers as sharing an address with their supply chain. 10

11 Case Study: Anheuser Busch Anheuser Busch is a brewing company based in St. Louis, Missouri, U.S.A. The Company employees over 30,000 people, and operates 12 breweries in the United States. The Company exports and sells their beer all around the world and delivers it products through a network of more than 500 independent wholesalers, and 13 wholly owned distributors. It took less than three weeks for Anheuser Busch to deploy Venzee into their nationwide distributor network in Mexico (Groupo Modelo). Results: 65% increase in data transmission speed 100% reduction in errors 74% increase in overall data quality 11

12 Case Study: Net Shoes Net Shoes is Latin America s Zappos. Net Shoes recently raised $150M USD (Nasdaq) with annual revenue of $530M Currently employ 30 people in their catalog department to process and enrich inbound spreadsheets from their supply chain including Nike and Adidas. All product and inventory information will be directed via Venzee and automatically transformed and exported to Net Shoes systems via API. Net Shoes want to increase revenue by increasing the number of brands and SKU s they sell. Venzee is infinitely more scalable than spreadsheets and manual process. Net Shoes believe Venzee is the answer to automating back office processes and launching new products into the market, faster than the competition. 12

13 The Network Effect Bed Bath & Beyond work with ~9,500 vendors ( Suppliers and Manufacturers) These vendors also sell to other retailers These retailers sell products from other vendors. Enterprise Customer 9,500 vendors connecting to BBB 13

14 For Blockchain

15 Why Mesh Connect everyday apps or enterprise solutions Automatically merges and transforms data into smart contracts Create immutable failsafes that remove or encrypt sensitive information Pivot developer resources to optimisation - Don t DIY, API Clients reach objectives fast meshblockchain.com Artificial intelligence for retail and blockchain. TSX-V:VENZ 15

16 About Mesh Patent Pending - Patent application was accepted and filed in Q4, 2017 World Class Solution and Development Team - 4+ years of expertise perfecting the same technology for conventional databases Partner Program - Clients will benefit from our relationships with best in class blockchain network providers Huge Addressable Market - Mesh works great for companies in any industry with two major banks in pre-sales discussions meshblockchain.com Artificial intelligence for retail and blockchain. TSX-V:VENZ 16

17 The Venzee Team Kate Hiscox - President Kate is a software engineer that has worked in e-commerce and supply chain management for 16 years. Her first startup, Lunawarehouse.com, was acquired within a year of launch in Since then, Kate has successfully navigated through three additional startup exits. Having built and operated two online stores herself, Kate has a pulse on the barriers facing e-commerce. Venzee is the product of a HUGE ecommerce problem validated by both vendors and retailers alike. Peter Mackay - CEO Peter is an experienced executive with an entrepreneurial mindset. His proven track record of building and growing successful technology businesses includes 20 years of experience, two successful exits, and a public listing. His previous company, Expert Agent, is the leading real estate SaaS solution in the UK with 14,000+ realtors and almost 9 million home buyers as clients. Peter lives in Vancouver with his family. Marco Sylvestre - CTO Marco Sylvestre is co founder and CTO with 15+ years experience. Marco is a certified scrum master and his experience includes coaching fortune 500 development teams on successful migration from waterfall to agile methodology. Joshua Lebovic - CFO Joshua Lebovic is Venzee s CFO and counts investment raising, debt strategy, foreign operations and public company experience in both the US and Canada (NASDAQ/TSX) with companies including Amaya. 17

18 Capital Structure Venzee (VENZ) Common Shares 62,300,705 Options 6,230,070 Warrants (Avg. 0.67) 7,135,906 Total (Fully Diluted) 75,666,681 AVG. Volume (90 days): k The company has approximately $6M cash on hand 18

19 Investment Highlights Venzee software is easily integrated with small and large enterprise retailers, delivering rich, error free data to suppliers Companies in 100+ countries have signed up to Venzee including China. Venzee is available in Spanish, Brazilian Portuguese and Mandarin. Huge market opportunity, with an industry worth ~$23trillion running on spreadsheets Recently launched Autopilot artificial intelligence software, automatically turning data from spreadsheets into live products Network effect filter down to supply chain of big retailers, putting Venzee in front of potential new clients Mesh blockchain is data transformed for the blockchain, creating immutable failsafe's for clients 19

20 Venzee Inc. Kate Hiscox President Investor Relations Kin Communications