Minority
Desired valuation:
We want to be open to offers that make strategic sense for our business and our vision.
Description
In 4 years, we have saved 7.5 million kg of CO2 emissions using our IoT platform equivalent to planting 358,000 trees.
Our IoT platform has been designed as ‘Lego’ blocks – i.e. we have built it as components which gives us the ability to create new IoT solutions in a matter of weeks – 12 weeks maximum.
We are able to provide a suite of IoT applications in a single affordable & accessible platform. This is attracting organisations with multi-asset operations.
Confirmed Revenue till 2027 = USD 3M
YoY Growth = 57%
YTD Prospect Pipeline till 2027 = USD 27M
Featured metrics
Confirmed Revenue till 2027 = USD 3M
YoY Growth = 57%
YTD Prospect Pipeline till 2027 = USD 27M
Selling details
Type of shares
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Reason for selling
We have developed an amazing technology. With the right investor / partner, we want to take our solution offering to new markets or be augmented into a greater eco system.
Preferred acquirer
Equipment manufacturers, Oil&Gas technology providers, investors whose portfolio companies can unlock serious benefits by having an in-house IoT platform.
Alternatively, a telemetry hardware manufacturer can also be a good buyer.
Aspirations & growth opportunities
In the next 5 years, we can be one of the leaders in IoT solutions for Oil&Gas, Water and construction.
Business details
Business model
IoT hardware & Monthly / Annual Subscription Revenue
Customers
3,000+ (Telecom tower operators, construction equipment owners, vehicle fleet owners, fuel storage depots.)
Competition
Microsoft Azure IoT Hub, ThingWorx, AWS IoT
Operational details
Technology stack
Out IoT platform is built using MERN stack
Marketing spend
Approximately USD 2,000 on marketing activities and approximately USD 40k on sales activities (Google, LinkedIn)
Performance tracking tools
Financial details
Ownership structure
3 Founders = 77.79% and 2 Investors with 22.21%
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools
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