Ollin Ventures’ Post

Ollin Ventures is thrilled to announce our investment in Savor, the 50% off takeout app!   Meet the Leadership:       •     Jimmy Watson, CEO and Founder of Savor, brings intimate knowledge of the restaurant industry. Jimmy is a second-time founder who successfully started and sold his first venture, a fast-casual restaurant. His firsthand experience with the challenges restaurants face inspired the creation of Savor to help local restaurants gain exposure and improve profitability.   Why Savor?       •     Savor is the 50% off takeout app, a disruptive force in the restaurant tech industry. With its innovative flash sale model, Savor addresses a critical pain point for restaurants, costly customer acquisition, with a consumer-driven value proposition of half-price food.       •     Restaurants can offer flash sale promotions, limited-time offers on specific items at limited quantities, creating scarcity and urgency. This approach not only generates immediate sales but also builds a base of potential return customers at a fraction of conventional marketing costs.       •     By turning the traditional marketing model on its head, Savor attracts a cost-conscious audience eager for deals and culinary discovery, making it a win-win solution for both restaurants and consumers.   Market Opportunity:        •     With over 750,000 restaurants in the U.S., including 432,000 small businesses, Savor taps into a massive, underserved market.   Current Success:       •     Savor has already made significant strides with over 16,000 users and partnerships with 200 restaurants in Salt Lake and Utah counties.       •     Savor envisions becoming a comprehensive food discovery platform, leveraging its unique position to offer additional marketing and community-building services to restaurants.   At Ollin Ventures, we are passionate about backing innovative solutions that drive positive change. Our investment in Savor reflects our belief in their potential to revolutionize the food industry and support local restaurants. We are excited to partner with Jimmy Watson and the entire Savor team on this journey! Thomas Wilkinson Stephen Smith Jimmy Watson

Ollin Ventures is thrilled to announce our investment in ReferPro, a groundbreaking platform designed to revolutionize the referral process for home service professionals! Meet the Leadership Team: ·       Murphy Nadauld, Founder and CEO, possesses a robust background in sales, operations, and management. As a second-time founder, Murphy has garnered valuable experience at Ubiquiti and successfully launched and sold his own home services business. His vision for ReferPro is rooted in a profound understanding of the challenges encountered by service professionals. Why ReferPro? ·      Home service businesses rely heavily on referrals, but managing them manually is time-consuming and inefficient. Many leads fall through the cracks, and traditional lead generation platforms often provide low ROI. ·      ReferPro taps existing CRM’s, and enables companies to create custom offers to previous customers for referrals that convert. This provides valuable attribution insights to see where marketing dollars are spent and if they are effectively working. ·      Automating the referral process, allows businesses to effortlessly generate and track referrals. The platform also connects service professionals with local influencers to further boost their reach. Market Opportunity: ·      With over 6 million home service professionals in the U.S. alone, ReferPro addresses an underserved market with a total addressable market (TAM) of $657 billion. At Ollin Ventures, we are passionate about supporting innovative solutions that drive positive change. Our investment in ReferPro reflects our belief in their potential to transform the home services industry. We are excited to partner with the entire ReferPro team on this journey to revolutionize referral marketing. Stay tuned for more updates as we embark on this exciting journey together! Thomas Wilkinson Stephen Smith Murphy Nadauld Andrew Mikkelsen

AI is changing the VC/Startup landscape in a big way.