Vatorx2
Location: 370 Convention Way, Redwood City, California, United States United States
Founded in: 2007
Stage: Post-launch
Number of employees: 1-5
Short URL: vator.co/xpree
Followers (6)
Vatorx1

Xpree

Startup/business
Redwood City, California, United States United States
http://www.xpree.com
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Company description

Xpree provides prediction market solutions to corporations. Used for demand planning, milestone planning or innovation filtering, prediction markets can provide unrivalled accuracy. Utilizing a fun and intuitive game, Xpree enables management to make decisions based on the best available knowledge.

 

Electronic Arts is using Xpree to forecast ship dates, sales units and quality of games.  We are going into trial with multiple Fortune 500 corporations.


Team
Business model

Software as a Service SAAS

Competitive advantage

Our product serves 3 groups in the corporation:

Traders - the interface is very easy to use and our technology enables market liquidity irrespective of trading volume.  We designed it to maximize participation by using game elements (we used to work in a game company) to add to the fun.

Administrators - the tool is super easy to set up, taking just a few minutes.  Its fast to set up and and close down markets.  By using a SAAS business model, the application requires no IT and utilizes multiple security features.

Management - we included a powerful reporting interface for the decision makers to maximise the value of the information from the marketplace.