About Oveit

Experiential shopping technology

About Oveit

Experiences, meet payments

Oveit is events technology company headquartered in Austin, Texas, USA. We work on what we call “experiential shopping”cashless payments for events, venues and hospitality operations.

Our company was founded in 2016 in the events management industry and created innovative products that transformed our customers and their visitors interact.

Our product offers a one-stop-shop solution for experience ecosystems. Oveit combines cashless payments, NFT ticketing and live shopping events technology to create the next step in how we combine experiences and shopping.

We are provide innovative payment and access experiences for some of the most memorable experiences: festivals, concerts, cultural establishments, theme parks, hospitality, retail chains.

The end beneficiary users of our technology favour experiences over goods. They are more and more connected on social media outlets and share important moments in their lives. Goods become commodities and self-defining experiences become the rule. Through the adoption of our technology we intend to enrich their experience wherever that experience might take them.

Sustainability goals

Photo by Tim Marshall

Using our technology to help communities and the planet

We strongly believe we each share a goal of helping life on Earth be sustainable for all forms of life and help our species develop in a sustainable way. There’s many ways we feel we can contribute but there is one specific goal where we think we can contribute the most.

Our technology contributes to the Decent Work and Economic Growth by offering a viable solution to local vendors and outside visitors in overcoming currency conversions, cash only transactions, inclusiveness in the economic circuit of unbankable vendors and connect the local economy with visitors, while maintaining its cultural heritage.

Oveit contributes to the Industry, Innovation and Infrastructure by offering innovative alternatives of digital payments in both fiat and cryptocurrencies in a safe, secure infrastructure environment. It enhances Sustainable, Cities and Communities by keeping outside visitors’ spending local and creating a sustainable, circular local economy active. It also contributes to the Well-being of the local community by increasing the number of active local vendors participating to the economic circuit. It generates an active Partnership for the Goals by solidifying the partnership between the experience builders such as festivals or hotel resorts and the local attractions, vendors and event planners in the community.

We measure our positive impact in terms of consumers using our digital wallets, and local vendors and merchants using our mobile app point-of-sale. The more local vendors access wealth generated through experiences, the more sustainable local economies are. In 2023-2024 we expecting 3 million visitors to use our digital wallets, and 30,000 vendors to use our mobile app point-of-sale, contributing to the improving local wellbeing and alleviating economic inequity.

Impact on the local economy and community

Our technology is designed to offer local communities’ inclusion, sustainability, and develop circular economies. The embedded technology contributes to increased spending by outside visitors to the local community, it involves including a larger number of local vendors to generating sales for the local community and it implies keeping the spending local and generating well-being for the community.

Impact on the environment – helping build a greener future

We run everything electronically with a power consumption as low as possible. Our blackchains run on proof of stake technologies, eliminating 99% of power consumption. By offering this technology we try to eliminate the need of paper printing from money to tickets, booking reservations and anything in between. In 2017 Oveit received the Forbes Green Awards for our efforts to transform our processes and our industry into a more eco-friendly manner.

Our Vision

Our vision is to transcend our technology into smart, sustainable societies, where local economies can flourish using new, decentralized banking and sales tokens.

Our Mission

Our mission is to become the leading company in tomorrow’s edge payments market: localized payments for vendor ecosystems.

Our Core Values

Our core values are integrity, respect for local communities and vendor ecosystems. We believe in technology innovation, cost effectiveness, mobility and ease of use, enhanced product security, and last but not least, customer satisfaction and support.

Leadership

Executives

Andrei Stefan
CEO

Background in organizational and financial management
Executive Education from Harvard University (USA)
M.B.A. from Rice University (USA)
B.A. in Law & Int’l Relationships

Specializes in management, finance and team building;
Expertise in managing both start-ups and corporations;
Winner of awards in operational excellence;
Over 15 years in leading technology driven companies.

Andrei Stefan
CEO
Mike Dragan
COO

Background in computer science and digital marketing
M.S. in Data Management
B.A. in Computer Engineering (Artificial Neural Networks)
B.A. in Economic Studies (Digital Marketing)

Specializes in digital development and AI;
Winner of 30 awards in technology;
Over 10 years experience in IT;

Mike Dragan
COO

Company stats

Where are we now and what is our traction?

More than

0 Users worldwide

Over

0 Processed transactions

Over

0 Visitors

Leadership

Board of advisors

Angelos Angelou

Founder & CEO, International Accelerator (investor)
Expert on technology-based economic development, business acceleration, and Angel investing. Specializes in strategic business planning and development, and economic research & analysis.

Angelos Angelou
David Smith

One of the seven top global futurists in the Millennium issue of Businessweek feature, “What Technology Will Be Like in 100 Years”. Mr. Smith co-led the first-ever US industry wide roadmap to chart the United States regaining the lead in the semiconductor industry and was one of the principal designers and architects at In-Q-Tel. Mr. Smith has served as CEO and President in various technology companies.

David Smith
Carl J. Mehlman

After an accomplished 30-year career leading private start-ups and diverse public businesses to great achievement, consistently growing revenue and delivering strong profitability, Carl launched his second career, devoted to serving others. Carl initially chose “7 Mindsets”, a personal development and educational program, as the foundation of his mission to inspire individuals to lead happier and more successful lives.

Carl J. Mehlman
Carmelo Gordian

Partner, Entrepreneur
Major Investor, BOD, Harvard Law School graduate, has practiced corporate and securities law for 25+ years. Known as a leader in the Texas venture capital and private equity community. Represents over 70 large funds around the world.

Carmelo Gordian

Leonor Guedes

Event Manager, Pioneers

“Our partnership with Oveit was very smooth and effortless. We were very please with the end result.The software made our registration process easier, more accurate and we were able to gather more reliable data about our event.“

Smooth and effortless

Matt Hammond

Marketing Director at Dom Perignon

“ Without the support that Oveit's team offered the event would not have been possible. With a complex time slot management across a number of days as well as adhering to brand guidelines made it incredibly hard to find a plug and play solution.“

Oveit's bespoke around the clock support made it possible!

Townson Tsai

Online ticket sales

“ Ability to search using multiple inputs to find purchase. Ease of refund and flexibility for orders. Easy to upscale or downscale quickly. Very quick to master the software and the documentation for billing purposes was very good. Pricing was excellent and Paypal link was very easy. “

Quick uptake and easy customization, mobile site and access was impeccable, support was top notch!

Let's meet

Oveit, Inc.
8121 Bee Cave Road, Suite 200
Austin, Texas 78746