Companies

FEVO

FEVO enables social commerce to happen on your brand. Imagine the power of Instagram, Snapchat and TikTok across all your domains without having to write a single line of code.

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Location
New York, USA
FEVO enables social commerce to happen on your brand. Imagine the power of Instagram, Snapchat and TikTok across all your domains without having to write a single line of code.

Management Team

Ari Daie

Founder, CEO and President

Josh Rose

Chief Business Officer

Himanshu Kothari

CFO / COO

Betty Tran

Chief Marketing Officer

Geordie Stewart

Chief Operating Officer

Colin Casey

EVP & GM Partner Development

Questions and Answers

What issues are you solving?

FEVO is a social commerce platform that connects people to the items and experiences they love with the people they trust most. But what does that mean? The current buying process, searching online, adding items to a cart and purchasing is antiquated. Humans are social beings, we want to share ideas, items, we seek validation and opinions from peers, and relish shared experiences. By enabling consumer engagement on partner brand domains, FEVO turns the checkout experience from a solitary, inefficient transaction into an enjoyable, shared experience, resulting in higher consumer loyalty, more sales and more data.

Why should we be excited by you?

This is the way shopping was meant to be: shared fun with our closest peers. Brands have long relied on social platforms to meet consumers where they are, and missed out on the resulting engagement because it occurs off their domain. FEVO empowers brands to reclaim their social, with the power of Collective Commerce™. If that's not exciting, we don't know what it is.

Who are your target customers?

Our target customer is any brand who wants to reclaim their engagement on their own terms away from social platforms, amplifying consumer awareness through social "network effect," which establishes a community around their product offerings. Our initial customer base was rooted in live events, with over 600 partners throughout professional sports, music and venues. Now, FEVO is everywhere you shop, partnering with D2C brands in the retail, fashion and wellness industries, travel and hospitality and more.

What is your business model?

We have a simple business model: charging a percentage of each sale. Some of our partners push this cost to their end consumers, while others take it on as a cost of doing business with FEVO (and reaping the rewards of the platform's social amplification networks).

What market traction do you have?

We’re currently working with the majority of sports organizations in North America and quickly achieved near-dominant market share of the live general admission events space. There are upwards of 10,000 business-side users leveraging FEVO for their sales and marketing initiatives. We have a consumer database of millions, with continued growth expected. In 2019, we transacted over $100 million in ticket sales. As of 2019, our platform conversion rates hover around 8%. The built-in Collect Commerce™ tool helps us trend 2-3x above industry standards and have resulted in significant revenue growth for our live events partners.

Clients

D.C United
USTA
University of Alabama
Circuit of the Americas
Speedway Motorsports
Kansas City Chiefs
Bonnaroo
Miami Dolphins
LA Dodgers
New York Yankees
NFL

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What people say about

FEVO

"We had a strategic marketing and activation plan for our initial ticket deposit campaign and while we anticipated high demand, we surpassed expectations and existing League benchmarks. The team at FEVO was incredibly hands on and handled the scale and uniqueness of our campaign well."
Matt Sebek
Chief Experience Officer
St. Louis City SC
"We’re thrilled about our partnership with FEVO and the Social Cart™ feature of the platform will undoubtedly simplify the purchase flow for consumers. Having the ability to fully customize offers with different layers of added value is important and FEVO is set to help attract Union supporters."
Greg Imming
Director, Group Sales
Philadelphia Union
"With FEVO we were able to grow sales by 3x, and 75% of the buyers were new to our database. The Group leader saved 8 hours of manual work getting their friends together."
Dave Sibelman
Sales Manager
New York Yankees

Upcoming

FEVO

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