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Grapevine Deck

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Travel’s First Content Platform Powered by Machine Learning<br />

www.grapevine.travel


?<br />

Music Movies Retail<br />

Travel<br />

Mature industries are being disrupted by simplicity and convenience.<br />

Travel is next.<br />

2 | <strong>Grapevine</strong>


THE PROBLEM<br />

The average person spends over 10 hours visiting 38 sites when planning a trip 1 . Why?<br />

www<br />

ADS<br />

A highly fragmented<br />

user journey<br />

Multiple sites and channels, plus no simple way<br />

to organise inspiration make the planning<br />

process disjointed & painful<br />

Trust in traditional review<br />

sites has diminished<br />

Who are these people and can you trust them?<br />

Friends give the most trusted advice, but getting<br />

their recommendations takes time and work<br />

High-quality, relevant<br />

content is difficult to find<br />

Competition from paid search and SEOengineered<br />

content means even the best<br />

travel content struggles to get to the surface<br />

3 | <strong>Grapevine</strong><br />

1Source: Expedia


OUR SOLUTION<br />

One platform that aggregates ALL the content<br />

you will ever need to plan the perfect trip<br />

Discover<br />

Inspiring location-specific<br />

content from travel media,<br />

brands and bloggers from<br />

around the world<br />

Organise<br />

Curate lists of your favourite<br />

places and build dynamic<br />

itineraries on the fly<br />

Validate<br />

Friends' and experts’ lists and<br />

recommendations all in one<br />

spot and at your fingertips<br />

Book<br />

Unparalleled convenience &<br />

confidence to book travel in-app<br />

4 | <strong>Grapevine</strong>


OUR COMPETITIVE EDGE<br />

Most platform are built to focus on<br />

ONE STAGE of the user journey.<br />

<strong>Grapevine</strong> is specifically designed<br />

to cater for ALL FOUR.<br />

✓<br />

World's first product dedicated to<br />

organising multimedia travel content<br />

VALIDATION<br />

✓<br />

Unique combination of curated content<br />

and travel media = high engagement,<br />

retention & strong conversion funnel<br />

✓<br />

ML-powered search & filtering ensuring<br />

personalised & relevant content<br />

INSPIRATION<br />

ORGANISATION<br />

✓<br />

Value exchange between content creators<br />

and those looking to be inspired — with<br />

multiple touch points for good content to<br />

be discovered<br />

BOOKING<br />

✓<br />

Ability to target customers across all<br />

stages of the purchase cycle<br />

5 | <strong>Grapevine</strong>


THE PRODUCT<br />

Finally, the best content from around the web, combined<br />

with recommendations from friends and experts<br />

Validation<br />

Inspiration<br />

Discover personalised,<br />

multimedia content from experts,<br />

locals & friends<br />

Democratised platform:<br />

high-quality content rewarded by<br />

the community<br />

Get to know the people behind<br />

the content: view their profiles<br />

and see where they've been<br />

See where your friends and<br />

influencers go and what’s<br />

trending<br />

6 | <strong>Grapevine</strong>


THE PRODUCT<br />

And a state of the art organisation tool to bridge the<br />

gap between discovering places and booking them<br />

Book<br />

Create itineraries and book at the tap of a button<br />

Organise<br />

Build confidence that you have everything needed<br />

to book the perfect trip<br />

Curate lists of places and content for<br />

easy access on-the-go<br />

Save places, media, lists and photos<br />

to your profile for future reference<br />

No more screenshots or unstructured<br />

notes — places are extracted from<br />

content using machine learning for<br />

easy saving<br />

Coming<br />

Soon…<br />

7 | <strong>Grapevine</strong>


TECHNOLOGY<br />

Tech-Fueled Convenience<br />

Next Up…<br />

Launching with…<br />

Leveraging existing APIs to deliver great customer<br />

experience and Product Market Fit<br />

Proprietary ML models<br />

Development of proprietary Machine Learning technology (RNN) to<br />

enhance place ingestion and extraction capabilities<br />

Powerful Places Database<br />

IBM Watson - Identification and atomisation<br />

of Places from multiple channels (articles,<br />

videos and photos) using Watson's Natural<br />

Language API<br />

Advanced algorithmic tagging of ingested<br />

content and transformation into presentable<br />

and useful information for the end-user.<br />

Intelligent approach to Place and Map APIs<br />

(Google, MAP BOX & Open Street Map) to<br />

mitigate cost risks<br />

Unique processing of places data furnishing proprietary database<br />

and creating intrinsic enterprise value<br />

A.I. powered curation<br />

Leveraging Artificial intelligence to learn user preferences and<br />

deliver personalised and relevant recommendations<br />

Intuitive itinerary & Booking Engine<br />

Leveraging the unique inspiration and validation funnel to<br />

provide a one-stop-shop to booking, thereby completing the<br />

purchase funnel<br />

8 | <strong>Grapevine</strong>


KEY PRODUCT MILESTONES<br />

Progress to date<br />

Next steps<br />

Raised £200k at a £1.35 pre-money valuation in 2018<br />

Performed over 100 hours of user testing and research<br />

Built a proven team including Global CRO for Time Out,<br />

veteran Silicon Valley CTO and former CIO of IAG & Hilton<br />

Database of 5k+ potential target users & content creators<br />

and 1k+ users waitlisted<br />

Selected for the Mayor of London's Business Growth<br />

Programme<br />

Research, Team &<br />

Product Validation<br />

Formal launch<br />

of Product<br />

New features,<br />

partnerships & scale<br />

Shortlisted by Travel Technology Europe for the 2019<br />

Disrupt Launchpad, London<br />

Imminent US expansion early 2020<br />

2018<br />

Feb, 2019<br />

2019 2020<br />

9 | <strong>Grapevine</strong>


A HUGE MARKET OPPORTUNITY<br />

GLOBAL E-TRAVEL SPEND<br />

TARGET MARKET: MILLENNIAL TRAVELLERS<br />

$ 632.1bn<br />

$ 208.6bn<br />

15% Growth<br />

(2021)<br />

15% Growth<br />

(2021)<br />

✓<br />

✓<br />

✓<br />

Accountable for 50% of total market spend<br />

Frequent travellers: 3+ trips per year & spend £1k+ per trip<br />

Tech savvy and used to information & service at their fingertips<br />

(Uber / Deliveroo)<br />

✓<br />

Active community of independent content creators, looking for<br />

ways to increase traffic and monetize their content**<br />

$ 127.1bn<br />

Total spend, all categories<br />

Non-mobility spend<br />

✓<br />

High value: 1% of Millennial Total Available Market >$3bn in<br />

revenues (as of today)<br />

Young tourist spend<br />

10 | <strong>Grapevine</strong><br />

Source: Statista, Hotels, restaurants, bars&gyms.Excludes retail


MULTIPLE REVENUE<br />

OPPORTUNITIES<br />

Enterprise<br />

Subscription<br />

Booking<br />

Listings &<br />

Partnerships<br />

‣ Places and Maps API to be<br />

monetized per 'call'<br />

‣ Ability for venues on the platform to<br />

claim and moderate their business<br />

page (freemium model)<br />

‣ Partnerships with tourism boards,<br />

brands and influencers to implement<br />

creative campaigns<br />

‣ In-app reservation bookings<br />

(e.g. restaurants)<br />

‣ Ability to create itineraries &<br />

book in platform<br />

‣ Integration with travel (flights<br />

& accommodation), event and<br />

experience affiliates<br />

‣ B2B - Abilities for venues to<br />

display "as-seen-in" page when<br />

mentioned in online publications<br />

for a nominal monthly fee<br />

‣ B2C - Access to premium<br />

content, exclusive travel offers<br />

and booking incentives<br />

‣ License the atomization API to<br />

publishers and media companies<br />

‣ License Content Aggregation<br />

Services API<br />

‣ Entertainment Services - Transport<br />

integrations (airlines, rail, etc.)<br />

11 | <strong>Grapevine</strong>


AND THE TEAM TO DELIVER<br />

Jack Dow<br />

Founder & CEO<br />

Justin Etheridge<br />

CRO<br />

Patrick Burke<br />

CMO<br />

13 years in commercial real estate investment<br />

and involved in over $10bn in global real estate<br />

transactions. An avid traveller, Jack drives<br />

<strong>Grapevine</strong>'s mission to disrupt the travel<br />

industry through simplicity.<br />

Former Global CRO for Time Out and key member of<br />

the global executive team that delivered its<br />

successful IPO in 2016. 20yrs experience in<br />

publishing, strategy and revenue; advisory Board<br />

Member at BCMA and board advisor to Australia's<br />

largest B2B media business The Intermedia Group.<br />

Growth-focused marketer with 10+ yrs<br />

experience developing multi-channel digital<br />

strategies and leading content teams for global<br />

agencies including Mediacom and Universal<br />

McCann. Patrick has a deep passion for travel,<br />

having visited 31+ countries and counting.<br />

Carlo Burci<br />

COO<br />

Alex Hortopan<br />

CTO<br />

Nigel Underwood<br />

NED<br />

Multi-disciplinary operator and entrepreneur with 10+ years<br />

experience founding and working with startup internet<br />

companies. Carlo has built product teams for companies<br />

valued at $200m+, including four-time Deloitte Fast 50 CEE<br />

winner Trencadis Corp, and CAA/ NEA backed Genies Inc.<br />

Technology-agnostic solutions architect and<br />

engineer with 13+ years experience in software<br />

development. Alex was formerly the CTO of<br />

California-based Genies Inc., currently valued at over<br />

$120m.<br />

Former Global CIO of IAG, Exel (DHL) and Hilton<br />

Hotels, Nigel has over 25 years international<br />

experience in the travel, transport and hospitality<br />

industries. He brings a strong focus on governance,<br />

strategy, innovation and value creation.<br />

12 | <strong>Grapevine</strong>


PROJECTIONS<br />

Monthly Revenues, Costs and Active Users (3-year)<br />

MAU (million) MRR Operations Payroll (non eng.) Mkting / Sales Payroll (eng.)<br />

300K<br />

4.0<br />

✓<br />

Year 1 burn rate


INVESTMENT PROPOSITION<br />

Raising a Seed round to build team, achieve product market fit and successfully<br />

launch to market<br />

MVP: Tranche 1<br />

£200k<br />

Consolidate:<br />

Tranche 2<br />

up to £200k<br />

Next up:<br />

Series A<br />

(c. 12mths)<br />

UK / USA<br />

OPERATIONS<br />

15%<br />

PAYROLL (ENG.)<br />

26%<br />

1<br />

Raising £400k in 2 tranches:<br />

- Tranche 1: £200k (May '18 - completed)*<br />

- Tranche 2: £200k (Feb '19)<br />

MARKETING / SALES<br />

12%<br />

USE OF<br />

FUNDS<br />

2<br />

3<br />

4<br />

Investment in Your <strong>Grapevine</strong> Limited (UK)<br />

Existing investor approval for Tranche 2 investment<br />

at current £1.35M valuation (pre-money)<br />

EIS eligible for UK investors<br />

PAYROLL (NON ENG.)<br />

46%<br />

14 | <strong>Grapevine</strong>


Travel’s first content platform powered by machine learning<br />

UK Mobile: +44 7955 802 623<br />

Email: jack@grapevine.travel<br />

www.grapevine.travel<br />

grapevine.trvl grapevine.travel grapevine.trvl

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