Download - Fluency - Investor Deck - February 2014
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The future of work@getfluency
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The world of work is changing …
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By 2020, 1 in 3 workers will be working online
Source: Elance
Trends
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By 2020, 1 in 6 Americans & 1 in 5 Europeans will be
65+
Many will not retire but start a SME
Source: Intuit, 2020 Report
Trends
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By 2025, 75% of the global workforce will be
Millennials
Source: Intuit, 2020 Report
Trends
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SMEs need digital work done but don’t have the
budget to hire or have in-house expertise
Problem
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Existing Solutions
Benefit for
Client
Benefit for Worker
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• SMEs give poor project briefs on marketplaces
• Issue of work quality• Time intensive to manage
workers• Crowd Labour not designed for
SMEs• Are competitions fair to
workers?
Existing Solutions
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Youth unemployment is 5.6 million in
Europe
(63% & 56% in Greece & Spain)
Problem
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Young people have a ‘killer app’ that SMEs need…
They are ‘digitalnatives’
But …
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A crowdwork marketplace using young digital talent
Solution
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Young users upskill and get certified on the learning platform
How it works: learners
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Demonstrating Learning
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“a really effective way of
learning”
Sofia
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Partnerships
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Client chooses from menu ofdigital options
How it works: clients
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Job is split into micro-sized units
& distributed to workers
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Team and Advisors
Sinead Mac ManusCEO and co-founder
Ian AndersonCTO and co-founder
Edil SamatarContent & Comms
Xabier IzaguirreHead of Digital Learning
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Business Model
Per user fee from youth partners
Licensing to private sector training providers
Crowdsourcing platform
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33% of SMBs do not have a digital presence
2.13 million SMBs want to digital further
500,000 new SMBs start every year
Source: Go ON UK
Market Size: UK
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Measuring Impact
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Press
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Events
Targeted business eventsFree digital seminarsPopup events at SME supportive brands with retail presence e.g. Talk Talk, EE, Lloyds Bank
Partners
Go ON UKEnterprise NationStartup Britian
Content and Search
Guest blogging: Guardian, Huffington PostTargeted ads
Press
Use the Fluency / youth / female CEO stories to get significant coverage in media
Referral & Invite Mechanisms
Affiliate Programme
Getting Customers
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Milestones
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Vision
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1. Expand tech & digital team2. Automate the crowdsourcing platform3. Sales and marketing4. 12 to 18 months runway
Raising: £250k**£150k SEIS