reframed 2016
TRANSCRIPT
The glue between Twitter & video on demand
EXECUTIVE SUMMARY
TRUSTED BYWhat we do:
Currently Raising:
Traction to date includes:
Reframed is a video player used by
• Viewers to get a social viewing experience • Content producers to increase engagement with their videos
We are outperforming the top online video platforms on average session duration by over 100%
• £350,000 Seed round to continue to prove commercial proposition & position for series A
We’re spending more time watching on-demand video
- Statisa
0
225
450
675
900
2010 2011 2012 2013 2014
Internet Timeshifted
Number of minutes spent watching video content per month
Fewer people are watching linear TV
WE’RE ALL OUT OF SYNC
53% of people prefer to watch time-shifted TV content instead of live.
We lose context because our conversations take place away from the video on social media.
Reframed solves the problem for all these groups by bringing the conversation together, synced to the video
THIS IS A PROBLEM FOR…
VIEWERS
Who “miss out” on the 2nd screen social experience, if they are not watching live.
Find it difficult to join in the conversation later.
CONTENT PRODUCERS
Are all fighting for the attention. Video is expensive, so trying to get people watching content for longer periods is difficult.
BRANDS
Are fighting to get brand exposure and connect with the millennial audience, where traditional methods aren’t resonating.
BRING THE CONTEXT BACK
By bringing the conversation back around the video, we give it context...
... bring more people to the video for longer and join in the conversation.
The ultimate video experience - a unique interaction with Twitter
Available both as a platform and a video player
While everyone else is making videos shorter until they become 6 sec vines, we’re different. We’ve made it very simple for people to share a video that starts from the moment they're talking about - with no editing.
Because we don’t chop up the video, Reframed’s technology doesn’t infringe licensing agreements and allows people to see the rest of the content.
SHARE MOMENTS
SEE REACTIONS
For livestreams and pre-recorded videos with real time interaction for viewers on the client’s website
IN ACTION
The ultimate catchup experience
Viewers stay 6 times longer on a Reframed video, than non-Reframed video
6 times
Reframed gets 18-25 year olds spending an average of 20 mins per video - many times more than the industry benchmark
59% of viewers are likely to take another action onsite.
59%
Reframed videos get 20% more traffic than non-Reframed videos
20%INCREASING ENGAGEMENT
TRACTION
4 million+Tweets synced to broadcast video
148Countries
USED BY
BUILDING OUR AUDIENCE
0
4500
9000
13500
18000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
New Users Total Users Page views
Reframed solves the problem for all these groups by bringing the conversation together, synced to the videoWe are outperforming the top online video platforms
on average session duration by more than 100%
We have automated identifying upcoming YouTube livestreams and syncing the tweets to it, which has increased our users and page views
Automation
IP
2 UK Patents Pending
Application covering the asynchronous commenting invention - filed March 2015
Application covering the data display method - filed June 2015
Trademark for “Reframed” and our icon has also been approved
KEV PRICE CO-FOUNDER, CEO
Coder since 1998, managed user acquisition for hundreds of online businesses. 6 years’ experience owning and leading a successful digital company
SENIOR TEAM
JO YORK CO-FOUNDER, COO
Computing graduate with 18 years’ UX experience. 6 years’ experience owning and leading a successful digital company
DR ADRIAN GORDON CTO
+25 years’ development experience including Artificial Intelligence techniques in machine learning and mobile.
NON-EXEC & ADVISORS
DAVID WHITMELL NON-EXEC, CHAIR
Institute of Directors Diploma in Company Direction Held directorships in more than 15 SMEs
PAUL WHITEHEAD NON-EXEC
Commercial Director, uSwitch Former Head of Corporate & Business Development, Channel 4
SARAH WOODCo-Founder and Co-CEO of video ad tech company Unruly
ADVISOR
PROGRESS SO FAR
Q4 2013 2014 2015
MAIN FOCUS
KEY METRICS
Proof of concept
Beta product launch, defining the core product & Alpha Launch
Refining the tech, testing markets & building our own audience
• BBC as Customer • Information Commissioners Office as
Customer • Formed a Partnership with Thinking
Digital Conference and Trinity Mirror • Formed a Partnership with Kaltura • Found Product/Market fit • Refined Marketing Messaging
BUSINESS PROGRESS
• Formed a Partnership with Twitter • Explored Market Research
Companies as Key Market • £90K Seed, Feb • £328K Seed, Dec*
• Incorporated • Joined
Ignite100 Accelerator
• £22.5K Seed Aug
• Av. session duration: 01:46 mins • Returning users: 18% • 850 videos on our system • Av. session duration 40% of the top
video sites worldwide • 86,000 tweets synced to video
• Av. session duration: 10:13 mins • Returning users: 42% • 4600 videos • Av. session duration 200% of the
top video sites worldwide • 4,800,000 tweets synced to video
* Institutional investors in this round were IP Group & North Star Ventures
TARGET MARKET
• Increased exposure to their message
• Direct audience interaction with their brand
BRANDS
• Greater return on investment in video production
• Increases value of cost per thousand ad impressions
• Increased community engagement
LIVESTREAMS
• Increased community engagement
• Greater ad revenue • Greater audience reach
through social media
PLATFORMS
• Increased community engagement
• Greater audience reach through social media
• Greater ad revenue • Increased demand from
international buyers
BROADCASTERS
• Greater return on investment in video production
• Increased attendance at future conferences
CONFERENCES
MONETISATION
BASIC
For Conferences & Livestreams
• Guaranteed capture & backup
• No adverts
+£1,000 per day per stream
FEATURES
PREMIUM
For Brands & Sponsors
Basic plus: • Custom colours &
fonts • Own triggered
messages
£3,000 setup & +£1,000 per video
per month
FEATURES
ENTERPRISE
For Broadcasters & Platforms
Premium plus: • Own ad integration
£20,000 setup & +£5,000 per month
FEATURES
FREE
For Viewers, Bloggers & YouTubers
• Adverts revenue split (if traffic high enough)
FEATURES
Timed adverts
£350,000
THE ASK
Will enable us to:
• Become cash break even • Build our audience to 500,000
visits per month • Double the team • Invest heavily in Advertising
We’re looking for polished investors to bridge the gap in development & sales
• Build Native mobile solution • Secure international patents • Position ourselves for Series A • Our goal is to sell the business to a trade
buyer for £25 million within 3 years.
Ignite Accelerator Alumni 2013
Entrepreneurs in residence at BBC Worldwide Labs
Kaltura Exchange Partners
PARTNERSHIPS
Twitter Partners
SMG’s NextTechNow Programme
To discuss further or arrange a meeting, please contact: Kev Price, CEO [email protected] 07808 571755