Company description
SnapCrowd has built the next generation cloud storage platform that simply and securely delivers digital files to you straight to your device without limitation. We’ve approached this space with advanced backend workflow (secret sauce) that allows us to leapfrog the current market leaders with full streaming functionality for all media leaving the user’s device irrelevant and their original files intact.
Team
John McBride, CEO - 25 years of experience in starting and buying companies – all retail +service. Vast knowledge of the entertainment / media industry, music, videos and gaming. Conceived of SnapCrowd in the fall of 2006.
Francis Perez, CIO – 11 years of experience architecting and developing enterprise systems with a focus on Point of Sale, medical transcription, media rich websites, and interfacing applications.
Jeff Downs, CFO – 26 years experience including “Big Four” - Deloitte - mfg audit, Kodak Internal Audit, public company experience, largest company LabCorp ($Billion+), smallest – startup (later sold for $100Mil). 10 years experience as CFO, 2 co’s both medical labs. Both sold; $200mil+ total. Cumulative transaction values >$500mil.
Business model
The current model for our B2C is a standard subscription service with the best pricing in the space. Our Pro package is only $19 a year for 50gb of storage space. Over the next 2-3 years we will add monetization to all the separate hubs. We can add photo printing by connecting our API to already established services such as Walgreens, who now revenue share with partners. We can add music sales to the Music hub and offer our customers a tailored selection base on what they have already uploaded to the cloud that reflects their music tastes.
Competitive advantage
We have delivered a full streaming experience that is unmatched by any competitor in the market today. Also, unlike our competitors we designed our platform to used by mobile devices and to be able to integrate with other cloud storage services. So this means we actually have built direct share links to DropBox, Box and others. Thus, setting us up to be the world aggregator of personal files and content through our file storage system. Hence, we enhance and augment the services of the other cloud services vendors rather than work to compete against them.
Investors