Odyssey

Odyssey is a B2B Saas virtual event platform for event producers of Fortune 500 companies, allowing attendees to interact like they are in person by immersing them in a high visual fidelity 3D world.

In market. Served Boeing and Wunderman Thompson as customers.

The individual who works as a full-time employee for a Fortune 500 company managing their events.

We also use Value Added Resellers whose clients are the full-time event managers at Fortune 500 companies.

Over the past 18-months producers of Fortune 500 events have had to turn their in-person events into virtual events. In so doing, they have realized a larger audience size. Now they are beginning to go back to in-person events but they need to preserve the larger audience reach they gained from their virtual events. To do this they are delivering a virtual event in tandem with their in-person event. Unfortunately, their virtual attendees are missing out on key in-person communication and immersion experiences.

Odyssey allows virtual attendees to communicate and feel immersed in the same way that they would be attending an event in person. Odyssey does this by delivering a 3D virtual world through a users web browser, allowing them to navigate and interact as they would in person.

Three types of virtual event platforms: 2D video, Spatialized video, 3D virtual worlds

Our direct competitors are 3D virtual world platforms. Virbela is incumbent in space.

Odyssey creates a goldilocks zone in the market by delivering a low barrier of entry with high visual fidelity. This is done using nascent technology (pixel streaming) that allows Odyssey to be delivered to the end-user through a web browser.

Admin license $4,560/yr (or $400/mo)
Attendee seat $6/attendee/day
Environment customization $120/hr
$16,490/event

CAC: $5,307
LTV: $197,880 (based on typical three year event contract) ($65,960/yr based on four events/yr)

Direct
Admin license $4,560/yr or $400/mo
Attendee seat $6/attendee/day
Environment customization $120/hr

Through Value Added Reseller
Admin: " " 90% margin on above
Attendee seat: " "
Environment customization: 30% margin on above

Building sales team
Increasing marketing efforts

Raising 300000

Built on Unreal. Reliance on Unreal could force a development path.

NA

Currently semifinalist in the SAC20 pitch competition. Ongoing work towards the finalist position.