Bringing alumni home. Online.


Our Vision


Empower organizations to operate and connect more effectively by bridging the gap between online engagement and offline action.


Our Team


Since 2004, our team has worked together on projects ranging from governmental and social issues to technology and web development.

Andrew Cafourek

Gizmos & Gadgets
  • Self-taught PHP developer with 6 years of hacking
  • Former Product/Project Manager at Ripple6, acquired by Gannett in 2009
  • 1 of 4 members on the first social strategy team within WPP, circa 2007
  • Avid traveller with commits from 17 countries in 3 years

Nick Trusty

People & Coin
  • Former talent agent with over 500 buyers across the US while representing a roster of over 30 artists
  • Oversaw the development, release and testing of all client projects for A022 Digital
  • Brewer of two well received beers, with a third one on the way

Rachel Anderson

Words & Plans
  • Former Higher Ed Alumni Relations & Fundraising professional for a large public university
  • Head of marketing experience with a top global human capital consulting firm
  • Lifelong Midwesterner recovering from a recent 2 year stop in Los Angeles

The Opportunity


University alumni associations typically consist of volunteer-led groups around the world who maintain a close relationship with the central association.

Alumni associations need a clearer picture of what is happening on the ground level. Groups want to engage more local alumni. Both lack the resources and digital toolset to be effective.

Problem

Consistency

"Which logo should I use on the site?" "Whats the hex code for Spartan Red? Wait, what's a hex code?" Groups are plagued by ugly unbranded websites that look like GeoCities circa 1998

Organization

"I add what to where?" "How do I track that?" "Who do I turn my receipt into?" "Did you get my email?" Some groups are required to provide the same basic data to six different channels
2

Clarity

"Which group is growing the fastest?" "How many events happened last week and were they well attended?" Only 45% of schools have strategic reporting tools in place and most don't like them.
3

Duct Tape!The Duct Tape:

Alumni associations have developed complex disjointed internal systems that frequently require staff members to Google “PivotTables” before emailing and faxing copies of data so it can be scanned into PowerPoint.

Those groups who rely solely on Facebook for their chapter communications face their own challenges:

Facebook's changes to the 'group' setup really messed us up. We thought we had enough recent activity to move us from 'archive' to 'current,' but we did not. Our group went from 750 members down to 10.
3

Solution

A single platform to provide associations an actionable view of what is happening across their organization while delivering groups a way to attract members and eliminate the fragmentation between offline events and digital tools.

Product


Symphony

Local groups create content

Then publicize their events with one click of a button

A New York group saw an annual traffic surge of 5x after switching to Alumni Spaces

The alumni association sees everyone's activity

Now, for an animated case study:



Our Long Distance View:

Connecting offline activity with existing datasets and donation records will allow us to create the first viable prediction models for member fundraising that evolve with a member's post-graduation activity at scale.5


Market and Revenue


Current focus:

Alumni Associations

$21 Billion

Spent in 2012 by 4-year institutions on Advancement and Alumni Relations
Which brings us 2 sources of revenue

Independent Group

Ensemble

Independent groups who need an affordable, easy-to-use, beautiful website and a centralized outbound communications hub


$200 Annually


Current Clients
And this is what they have to say about us:
  • I was surprised by how easy it was to use and how great the website was designed to fit OU. I highly recommend using Alumni Spaces to help your alumni connect with each other.
    Katie Blum, President / University of Oklahoma NYC Club
  • Alumni spaces makes it easy and hassle free to set-up and manage our MizzouNYC alumni website. The interface is extremely user friendly and you don't need to know HTML.
    Morgan Mitchell, Secretary / University of Missouri, NYC
  • I wanted something that looked nice, was easy to edit and change, and was affordable. I found all three things with Alumni Spaces. The team at Alumni Spaces have been great to work with- building the website was easy.
    Mike LaHaie, President / MSU-GCAC
  • Now we have a dynamic, stylish site for the Club that was easy to set up and even easier to modify. Nick and his team are extremely supportive and patient even with a ‘non-tech savvy’ person like myself.
    Steve Sharpe, Communications Chair / The Ohio State Alumni Club of Northeast Florida

Organizations

Symphony

Associations can have 100+ groups spread around the globe using Alumni Spaces to power their sites. The Association gains insights and tools into the overall operation and health of their member groups that were previously unavailable.


$8,000  Setup
+
$15,000 Annually


Future focus:

Federated Organizations

Groups that have a central strategic group guiding the operations of smaller, localized groups which generally operate semi-autonomously.

We've built Alumni Spaces with a focus on alumni groups but the flexibility to expand with federated organizations.

For Example
Fraternities and Sororities
Greek Life, Fraternal Orders
Labor and Trade Organizations
AFL-CIO Affiliates, Professional Orgs
Community Organizations
Red Cross, Salvation Army
Independent Sales Companies
Mary Kay, Scentsy, Pampered Chef
Support Organizations
Weight Watchers, AA/NA
Scouting Groups
Boy Scouts, Girl Scouts
Environmental Groups
Sierra Club, Greenpeace
Military Organizations
VFW, American Legion, JROTC/ROTC

Customer Acquisition


Always Be Closing.

Directly

  • Email marketing for local groups status
  • Direct contact for associations

Indirectly

Strategically


Acquisition Costs:

Ensemble: $20-30

Symphony: $1,500-2,000

Based on actual cost, not including time-spent.

Competition



WHERE WE'VE BEEN


What we have accomplished so far:


Investment


Be a part of it.
Soon.

Currently Raising

$500,000

our first outside investment

Committed:

$15,000
To empower us:

To Hire

With the right designer and developer on the team, we will greatly speed up our innovation.

To Sell

Conference exhibits seem to cost about as much as tuition, but that is where we will get the word out.

To Focus

With a funding runway of at least 18 months, we can devote 100% of our attention on the long-term takeoff.

© This year.
Inspired by Everest, rebuilt with Bootstrap.
  1. The same basic information (event data, time, location, etc) is used for:

    • Website
    • Facebook
    • Twitter
    • Ticketing/Sales platform
    • Alumni association internal tracking
    • Email marketing tool

  2. Higher education institutions rate 'obtaining accurate information for planning and decision-making' and 'reporting and analytics' among their top challenges to acting effectively as a department. The lack of ability to explore existing data sets to gain insight into trends remains a barrier to using technology effectively for the majority of institutions.

    Source: 2012 Use of Technology for Development & Alumni Constituent Relations Among CASE Members. July 2012

  3. Source: Third Annual Survey of Social Media in Advancement conducted by CASE, mStoner, and Slover Linett Strategies, August 2012

  4. For the more statistically inclined:

    Rigorous analysis of alumni donor demographic data has the potential to improve donor targeting with the goal of measuring future donor contributions for a given motivation. Logistic regression modeling can be used to estimate the probability that a potential donor will make a donation based on his/her characteristics.

    The breadth of available variables can also be interacted to get at specific relationships, e.g., male business majors vs female business majors. Once a base model is developed, the analysis could be extended to capture the increased probability of donation by alumni attending specific events (e.g. watch parties) or associated with a specific chapter. (This presents an opportunity to provide specialized data-driven applications) similar variables could be used in a multivariate linear regression model to estimate the donation amount among those who do choose to donate. In essence, one could use these tools and data to make a statement like the following:

    Male business majors from St. Louis who have graduated within the last 20 years are X% more likely to make a donation than the comparison group. Those who regularly attend football watch parties are an additional Y% more likely to donate.

    Again, similar statements could be made about the amount of donation when modeling is done on a group of those who have already donated.

    The ideal model would extend these analyses across multiple alumni associations at different institutions. This would involve panel data econometric analysis which allows the use of across institution variation in data to strengthen modeling and institution-specific results. Panel data modeling would identify and control for effects unobservable, institution-specific factors, etc.

    Mizzou alumni are Z% more likely to donate than the comparison group.
    UConn Journalism alumni are T% more likely to donate than other Journalism alumni [from other institutions]

    But even this explanation of all of this is tedious and doesn't provide much actionable use, so we want to create the platform that is smart enough to know all that but phrases it more like this: "Call Warren York; he has attended the last 4 watch parties and his donation history suggests he may be open to a renewable gift."

  5. As of November 2014, average open rate is 52.99% (max: 83.33% min: 14.29%) and average click rate is 9.47% (max: 41.67% min: 0%)

  6. There is no research about how the thousands of local groups engage local alumni or grow their effectiveness. So, we are starting the first large-scale survey of their activities which will provide indirect exposure for Alumni Spaces and topical conference lecture topics when the findings are finalized. Launching in December 2014, you can preview the survey here.

  7. We offer all existing Ensemble clients a 50% renewal credit for each group they refer.

  8. Alumni Spaces will be exhibiting at these upcoming conferences for alumni relations:

    *tentative

  9. Starting in January 2015, Alumni Spaces will be hosting a monthly meetup series in New York with local alumni group leaders to facilitate knowledge sharing and co-planning.

  10. We are currently exploring a number of sponsorship opportunities to support local alumni events such as weekly watch parties and annual sports teams.

  11. The Mizzou Alumni Association has been instrumental in facilitating introductions and offering testimonials to other prospective clients. We are also in active conversations with an event management platform and a higher education CMS provider as possible integration/sales partners.

  12. Our price point is a competitive advantage at this stage. The market is dominated by a single player with opaque pricing that is many times higher than ours for even the smallest implementation. This allows us to offer our platform at a significant discount and expand our revenue footprint as we grow our feature set.