Darren Kramer

Los Angeles, CA (USA)
Role(s):
Founder/Owner/Principal

The Sync Spot

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Location: Los Angeles
Industry: Technology/Web
Year Founded: 2013
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Not Incorporated
Description: Investment Highlights • (URL removed) is a cloud-based social CRM platform where for the first time, business users can manage contacts, communications and social data across all major PIMs, mobile devices and social networks. • Excellent market validation through one year of R&D, 5 years tracking • Fragmentation of communications and contact data is key demand driver • We are a reputable team known for innovative UX & social platforms with significant startup experience Business Overview • The SMB market is ripe for a cloud solution providing small business users a turnkey and permanent system for managing all of their contact data, social activity and communications from a single interface • We intend to be the “first mover” in this vast untapped market and firmly establish (URL removed) as the world’s premier social CRM solution • Revenue model consists of a “Freemium” SaaS subscription model • The company’s distribution strategy centers on SEM, SEO, Viral and Channel Partnerships Market Opportunity • SMBs will spend over $1 Trillion on IT in 2015 • CRM will grow to a $36B market by 2017 • IT Budget and IT Skills are the #1 and #2 inhibitors listed by SMBs – confirming that existing CRM solutions are still beyond reach of SMBs • 81% of SMBs are driving growth through social media while 73% of “hypergrowth” SMBs have increased social spend Funding Requirement Company seeks to raise $200K to accelerate production and GTM. While capable of execution on its own resources, funds will provide increased velocity and the ability to capturing a significant market share in this growing market. Contact Darren Kramer (Phone # removed)| (URL removed)