ogaVenue Changing the events venue booking space in Nigeria

Fundraising

Idea

We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.

Portal to find and book event venues online “ogaVenue.com.ng” solves the problem of venue booking: by aggregating variety of event venues, making it easy to Search, Check Availability and Book event venues online.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Airelobhegbe Andrew - CEO/ Co-Founder - Developer, Hustler and Business guru. Impact Airelobhegbe - Co-Founder/ Lead, User Experience Osagie Praise - Lead, Technology Marvis Osagie - Lead, Content Acquisition Asine Godstime - Lead, Marketing.

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Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

Our service was launched to the market in February 2015 and is constantly been updated with features based on customer feedback.

Revenue

We have a cash-flow prognosis. We already have revenue from paying customers.

All resources on our platform are free for all users, we earn commission on every successful booking through the portal.

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1. Idea and Stage

2.   Are you working on this business full time?
3.   Is there a demo, prototype or working product?
4.   Do you have paying customers?
5.   Are you making a profit?
6.   Has the business existed longer than one year?
7.   Has the business existed longer than three years?
8.   Do you have more than five employees?
9.   Do you have more than 10 employees?
10.   Is your annual turnover more than USD $50,000?
11.   Is your annual turnover more than USD $100,000?

12. Team and Organization

13.   Is this your first time running a company?
14.   Have you started a business before in a similar/same sector?
15.   Have you exited a previous business successfully?
16.   Do you have co-founders?
17.   Is there technical/product development experience in the team?
18.   Is there sales and marketing experience in the team?
19.   Do you have an advisory board?
20.   Do you have a board of directors?
21.   Are you already incorporated?
22.   Do you have references?

23. Market and Marketing

24.   Do you know the size of your market?
25.   Do you know your customer acquisition cost?
26.   Do you know your profit margin per customer?
27.   Do you know how many customers you need to break even?
28.   Do you have signed contracts with marketing partners?
29.   Do you have signed contracts with customers?

30. Finance

31.   Do you have a finance expert in your team?
32.   Do you have a three year financial forecast?
33.   Have you calculated your break even point?
34.   Do you have audited financial statements?
35.   Have you invested your own money in the company?
36.   Have you received grant funding?
37.   Have you received outside investment?

38. Investment

39.   Do you need working capital?
40.   Do you need capital investment?
41.   Are you willing to give up equity?
42.   Are you willing to give up a majority share?
43.   Are you looking for debt finance?
44.   Do you prefer an active investor?
45.   Do you already have external shareholders?

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Pro investors only

Documents are only visible to registered investors.

Team

• 

  Asine Godstime

  Works at ogaVenue
• 

  Praise Osagie

  Works at ogaVenue
• 

  Impact Airelobhegbe

  Works at ogaVenue
• 

  Andrew Airelobhegbe

  Works at ogaVenue

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