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Ben Wolff Dan Marques CEO /Founder CTO FasterPants Building engines that style clothing. Creating uplift for secondary sales. Giving retailer’s customers a great shopping experience.

FasterPants Crowdfunder Edition

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FasterPants Slide Deck. Please note this deck is specifically for the Crowdfunder site which does not allow the amount we are raising in our Seed Round to appear in the deck. For the amount of the raise and valuation please contact directly Ben Wolff - CEO at [email protected] or 917-627-0745

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Page 1: FasterPants Crowdfunder Edition

Ben Wolff Dan Marques

CEO /Founder CTO

FasterPants Building engines that style clothing.

Creating uplift for secondary sales.

Giving retailer’s customers a great shopping experience.

Page 2: FasterPants Crowdfunder Edition

Financial Overview

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Page 3: FasterPants Crowdfunder Edition

1. Reduce current & leftover inventory

2. Get more stuff in the cart

3. Slow and clunky user experience

Clothing Retailers 3 Big Problems

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Page 4: FasterPants Crowdfunder Edition

SaaS + “White Label”

(Consumer Facing Engine)

The FasterPants Solution

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Page 5: FasterPants Crowdfunder Edition

• FP Core Engine

• Core Technology

Based on actual human styling expertise

Universal: brand & retailer agnostic

SaaS: API for easy integration

• FP Hosted Service

• White Label Consumer Facing Engine

Sales driving software for online clothing retailers

• Seamless visual customization: match client’s ecommerce site

Products

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Page 6: FasterPants Crowdfunder Edition

Before the FasterPants inlay add-on

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Page 7: FasterPants Crowdfunder Edition

…After the inlay add-on

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Thanks! Now check out these outfit solutions

Sourcing their products 3D Virtual

Mannequins

One-Click Select

adds entire outfit

to cart

Styling filters

Sizing

on the page

Page 8: FasterPants Crowdfunder Edition

Near Term: (YE1+) Men’s Clothing Retailers

• Brooks Brothers, Macy’s, Casual Male, Banana Republic,

Bloomingdales, JC Penney, Kohl’s, Jos. A. Bank, Bluefly, etc.

Long Term: (YE2+) Women’s Clothing Retailers

(Some duplicate retailers with women’s lines)

• Brooks Brothers, Macy’s, Banana Republic, Bloomingdales,

JC Penney, Kohl’s, Bluefly, etc.

Market

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Page 9: FasterPants Crowdfunder Edition

Go to Market Strategy (B2B)

In active talks with $467m clothing retailer

• Planned 2nd presentation in Oct, 2012 with president & ceo

and key stakeholders

In talks with 3 companies:

• Buyou

• ACustom

• Cravatta Pelliano

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Page 10: FasterPants Crowdfunder Edition

YE1 YE2 YE3 YE4 YE5

Number of Clients 1 5 10 20 40

Earnings per client $30,000 $200,000 $400,000 $500,000 $500,000

Cost of sales 5,000 5,000

5,000

5,000

5,000

Total revenue 30,000 1,000,000 4,000,000 10,000,000 20,000,000

Cost of sales 5,000 25,000 50,000 100,000 200,000

Gross Margin 25,000 975,000 3,950,000 9,900,000 19,800,000

Revenue Streams

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Page 11: FasterPants Crowdfunder Edition

• Patent Pending

• Inventory cycling algorithm

• Styling filters (Now, Classic, Forward) & clothing type filters

• Automated learning filters

• “Real-Time Trending” data reporting for retailers

Competition

• The old ways of “Like” recommendations

• Bespeak

Barriers to Entry

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Page 12: FasterPants Crowdfunder Edition

CEO Ben Wolff

• 5 years: Top Salesman for Hugo Boss, plus Bloomingdales & Armani

• Two time Entrepreneur with 10 years as a Wardrobe Stylist (Re-Dress.com)

• Reality Show “Shop! NYC!”

• Creator of the algorithm fueling FasterPants™

CTO Daniel Marques

• Twenty-six Years of IT experience with startups, large enterprises, as

an entrepreneur & team building

Alex Dowad

• Senior Software Developer

Team

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Page 13: FasterPants Crowdfunder Edition

Core SaaS, built

White Label Hosting Service, build to suit

Inventory tagging system, built

3D Virtual Mannequin, build to suit

Real-Trending Data Reporting, in progress

Business Development, ongoing

Milestones

What’s Next?

• The Women’s Engine

Core Engine Built

White Label Hosting Service Built

Inventory Tagging System Built

3D Virtual Mannequin Built

“Real – Time Trending” Data Reporting In-Progress

Business Development On-Going

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Page 14: FasterPants Crowdfunder Edition

Financial Overview $19M in Y5. $17.8M Net Income

Product FP Core Engine, FP Hosted Service

Markets Men’s, women’s online clothing retailers

Customer Strategy Small to large companies

Competition Retailers old ways. Bespeak

Barriers to Entry Patent pending technology

Use of Proceeds Team, patents, biz dev, software dev

Management Team Wardrobe Stylist, seasoned IT

Milestones Prototype ready for market

Review

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Page 15: FasterPants Crowdfunder Edition

Ben Wolff CEO

917.627.0745

[email protected]

www.FasterPants.com

Building engines that style clothing.

Creating uplift for secondary sales.

Giving your customers a great shopping experience.

FasterPants