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Providential Media

One company, with multiple solutions to Win the New Era of fan engagement.
McKinney

About Providential Media

We provide a CMS (content management system), on a subscription basis (PaaS model), that can launch multiple fan engagement solutions and tools that generates insights into fan behaviors, interests, and patterns so our customers can understand what is most important and relevant to each every one of their fans.

Our current suite of products consists of:
- an Interactive video player that allows viewers to pick and choose their own preferred angles and engage with experiential technology like gamification, AR, stats, etc. all within a single window.
- a user generated content platform
- a rewards platform
- data and analytics and more

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Team

Problem statement

Today, the way we consume content has change. We watch things on the fly, when we want, whenever we want and on whatever devises we want. But we still can't watch things HOW we want. As a result, legacy broadcast companies are dying and 90% of young adults have no intention on subscribing to cable. We are in this 'attention economy' and fans want more, they want it fast and they want it THIER way.

Sports/entertainment properties are struggling to keep fans engaged especially beyond game day. 1) sports properties know very little about their fans and 2) they don't have that personal relationship with them because of lack of data on them. In this new era of sports distribution where we are seeing big tech, for the first time in history, get into the sports content game individual teams are going more Direct-to-Consumer and need to learn more about their global fan base and offer personalized experiences.

In conclusion, today’s fans want to be active participants and not just the consumers of the content during live/on demand events. As fans we want to contribute our take on things, thoughts, pictures, videos and opinions just like we do on every other social media platform out there. Social media has trained us that our likes, comments, and content matter. And that's why big tech/social platforms make billions, and most sports properties don't. At Providential Media, we are building the solutions to change all of this.

Traction information

- We've entered into a co-building and GTM co-marketing partnership with IBM leveraging their WatsonX AI.

- We were voted as Winner of the 2024 ASPN Sports Tech Award by a panel of 30 judges representing 11 APAC countries. (The largest sports tech accelerator in the Asian Pacific region)

- We have been selected out of hundreds of global applicants for the prestigious Plug and Play SportsTech (Frisco) AND Plug and Play Enterprise & AI Accelerator (McKinney) Accelerator Programs. We are the only company to have been selected into both cohorts.

- The company was founded through a merger between two local companies out of the McKinney Innovation Fund portfolio to create a greater strategic advantage in the $225 billion global fan engagement market.

- Three of our five co-founders have had previously successful exits and have invested over $620K in Providential Media

- Our founding team has decades of leadership experience with some of the most innovative companies across sports and technology.

- We have formed strategic global partnerships with HYPE Sports Innovation, Global Sports Innovation Center (GSIC) by Microsoft and ASPN Sports Tech.

Milestones

September 2024

IBM and Providential Media Sign Partnership Agreement

Providential Media has signed an agreement, and its associated disclosure documents, with IBM to co-create, co-build, co-sell and GTM with IBM and IBM partners.

As an IBM Partner, we will be able to: - Leverage cutting-edge WatsonX AI technology to help our clients transform their businesses - Take advantage of demand generation programs to drive growth and revenue - Use leading tools and skill-building opportunities to enhance our offerings - Expand IBM’s exposure into additional sports tech opportunites

September 2024

PMG Selected as 1 of 10 Companies for Plug and Play Sports Tech Batch 2 Accelerator

It’s official!

Providential Media has been selected as one of 10 startups to participate in the prestigious Plug and Play Sportstech Batch 2 cohort based in hashtag#FriscoTx starting in September.

As one of hundreds of companies from around the world that were reviewed for this unique program, we’re also proud to be just one of three companies from the hashtag#NorthTexas region that will be participating in this cohort.

We appreciate the great support from the Frisco Plug and Play team as well as McKinney Economic Development Corporation and the Frisco Economic Development Corporation for their diligent work to bring Plug and Play Tech Center to our area. At PMG, we’ve already experienced the tremendous impact from this powerful private and public partnership and look forward to many more great opportunities to come.

August 2024

Providential Media Winner of the 2024 Sports Tech Award

As countries around the world welcome home their Olympians, Providential Media is excited to welcome home CEO Denny Darmo and CTO Son Tran from a highly successful trip to Asia that included winning the ASPN Sports Tech Accelerator Demo Day pitch competition in Taiwan.

The event was part of the graduation day for the 12 international sports tech startup companies selected to participate in the 2024 ASPN Sports Tech cohort and featured 30 judges from 11 countries.

The cohort companies went through a rigorous application and interview process to be selected into this prestigious program. Hundreds of applicants from around the world vied for the opportunity to participate in the ASPN program. Throughout the 2024 cohort, PMG team members participated in various sessions and webinars learning from some of the most influential minds in startup and sports tech in the APAC region.

The organization is supported by the Sports Administration, Ministry of Education Taiwan, and executed by IAPS NYCU Accelerator (Center of Industry Accelerator & Patent Strategy). It collaborates with the 11 member economies of the APEC Sport Policy Network (ASPN) to jointly provide the best route for startups to enter the Asia-Pacific and Taiwanese markets in order to accelerate sports tech innovation.

We’re grateful for the invaluable support and learnings from ASPN, especially our mentor Hidenori “Dino” Suzuki and Darren Chua.

“From my experiences of CRM & ticketing in Tokyo 2020 Olympic & Paralympic Games, mobile e-ticketing and fan club management of various contents including sports & major artists, I believe the Providential Media platform and products will create significant opportunities for contents holders to utilize their valuable assets in various ways toward the future.

I’m convinced that the new platform and UGC management function would provide more friendly and safer environments with positive values for both users and contents owners such as professional teams & clubs.”

Hidenori “Dino” S. (Suzuki) Former Managing Executive, Head of Ticketing & CRM of Tokyo 2020 Olympic & Paralympic Games Advisor, APEC Sports Policy Network Senior Director, Corporate Management, Dentsu

“I’ve had the privilege of working closely with the Providential Team, and their relentless drive for innovation has consistently impressed me. Winning the ASPN Award is a well-deserved recognition of their commitment to transforming the sports media landscape. Their solution is perfectly aligned with the burgeoning opportunities in the Asia-Pacific market, which is ripe for such cutting-edge solutions. This milestone is just the beginning, and I’m excited to see how they will continue to shape the future of sports technology in this dynamic region.”

Darren Chua Advisor, APEC Sports Policy Network Managing Director, The Ideal Venture Studio Director, Unity Brands

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9/3/2024 - Providential Media selected as 1 of 10 companies accepted into the Plug and Play SportsTech (Frisco, TX) Batch 2 Cohort.

9/3/2024 - Providential Media selected as 1 of 10 companies accepted into the Plug and Play Enterprise & AI (McKinney, TX) Batch 2 Cohort.

8/9/2024 - Voted as Winner of the 2024 ASPN Sports Tech Award in Taipei, Taiwan by a panel of 30 judges representing 11 APAC countries. (The largest sports tech accelerator in the Asian Pacific region)

Profile created.
Added about 2 months ago

Funding

Currently raising capital

$300,000
committed
$2,000,000
round goal
Total raised to date:$1,620,000
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