Company Research Report: FEVO Inc.
Company Overview
Name, Mission of the Company
- Name: FEVO Inc.
- Mission: FEVO is driven by a simple mission - to reimagine the online shopping experience by making it social, fun, and engaging. They aim to restore the human elements of in-person shopping without sacrificing the convenience of e-commerce.
When was the Company Founded and by Whom
- Founded: No information is available.
- Founder: Ari Daie
Key People in the Company
- CEO: Ari Daie
- Chief Operations Officer: Betty Tran
- Chief Financial Officer: George Wells
- Chief Revenue Officer: Josh Rose
- Chief Commercial Officer: Steve DeMots
- EVP, Sports & Entertainment: Colin Casey, Doug Fowler
- EVP, Product Strategy: Matthew Mastrangelo
- EVP, Engineering: Jason Laska
- EVP, Partner Success: Aaron Parris, Jamie Hernandez
- EVP, Partner Development: Joe Rugo
- EVP, Analytics: Danny Huang
- EVP, Partner Solutions: Kristine Ko
- EVP, Talent Partnerships: Ryan Perrings
- EVP, Music Partnerships: Senthil Chidambaram
Where is the Company Headquartered
- Headquarters: 12 Little West 12th St., New York, NY 10014
Number of Employees
- Employees: 130+ team members located in 7 countries across 80+ cities.
Revenue of the Company
- No information is available.
What is the Company Known For
- Known for: FEVO is known for its Social Checkout™ technology which transforms the e-commerce experience by allowing people to shop together online, mimicking the social aspects of in-person shopping.
Products
What Products Do They Offer
- Products: FEVO's offerings focus on enhancing e-commerce experiences across various industries through its Social Checkout™.
High-Level Description of the Product
- Social Checkout™: FEVO’s hallmark product that enables shoppers to connect, share carts, split payments, and earn group rewards for shopping together on any website.
- FEVO Product Suite: Includes functionalities tailored for various sectors like Entertainment, Retail, and Travel.
Key Features of Each of the Products
1. Social Checkout™:
- P2P Messaging: Enables personal communication between shoppers.
- Cost Splitting: Allows shared payment among group members.
- One-Click Cart Sharing: Easy sharing of shopping carts.
- Group Rewards: Rewards for group participation and buying.
- Unified Inventory Management: Integration with multiple POS systems for a seamless shopping experience.
2. Entertainment:
- Tailored experience for tickets to live events including concerts, sports, and festivals.
- Group seating, coordinated itineraries, and bulk booking features.
3. Retail:
- Facilitates shared shopping experiences, real-time participation, and group validation on retail sites.
- Features to enhance the traditional in-store shopping experience online.
4. Travel:
- Collaborative travel planning and booking features.
- Shared itineraries, cost splitting for trips, and group rewards.
Recent Developments
What are the Recent Developments in the Company
- Partnerships with Key Industry Players: New integrations with notable partners like Google Cloud and Checkout.com.
- Expansion in Retail and Travel Segments: Increased functionalities tailored to these sectors.
- New Feature Launches: Introduction of generative AI and enhanced social commerce tools.
What are the New Products Launched
- Generative AI Toolkit: FEVO’s new AI feature designed to enhance social commerce strategies.
What are the New Features Added to the Existing Products
- Integration with Payment Providers: Collaborations with platforms like Shift4 and ID.me for better user experience and security.
- Enhanced Group Coordination Tools: New cart sharing and cost splitting functionalities.
Any New Partnerships
- Shift4: Preferred payment solution for music partners.
- ID.me: Official identity verification partner.
This report provides a comprehensive overview based on the data provided about FEVO Inc. It includes key company information, product details, and recent developments to give a well-rounded understanding useful for market research.