Speed up passage through the barriers for taxi & delivery
Belarus, Minsk city
Market: Logistics and warehouses, Food industry, Transport
Project stage: Operating business
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Idea or High Level Concept
We automate the passage through the barriers in apartment buildings and business centers for delivery services and taxi, it helps them to get rid of wasted time and money and increase customer loyalty
Territory of the product or service implementation
Belarus, Russia
Traction and Current Status
TPS service has been operating in Belarus for more than six months, and brings in revenue that is constantly growing.
Since the new year, we have started growing in Russia, launched a service in Voronezh and started connecting Moscow as of March.
Problem or Opportunity
Barriers often stand in the way of a courier and on average it takes 128 seconds to open.
Taking into account the driver's salary, the cost of fuel, the depreciation of the car for the opening of the barrier, the total is up to $ 0.28 in losses for the company. This is without taking into account other costs associated with the loss of loyalty of drivers and couriers.
Solution
Using our many years of experience in the domain of parking automation, we can connect any barrier or gate to our system.
Further, we provide couriers with the possibility of temporary access to the territory for loading and unloading. Each arrival is paid by courier service. If the courier service saves time and therefore earns, then we also save.
Customer Segments and Market
Our clients are the largest delivery services such as Yandex, Citymobil, DHL and others.
The volume of the Russian market for our service is 113 M
Europe 5,000 M
World 18,000 M
Revenue Streams and Cost Structure
The cost of connecting one address is $ 250, each address brings an average of 800 per year (when 80% of the courier traffic is connected to TPS) in Moscow at the moment there are about 10,000 addresses with barriers. Or $ 8M in revenue per year.
The cost of maintaining the address in a working condition is about $ 10 per year.
By the end of 2021, we plan to reduce the cost of connecting new addresses to $ 50 and even lower.
Business Model, Chanells, Metrics
Residents get convenience and comfort thanks to our service. For them, tps is absolutely free, this will allow us to quickly connect new addresses.
Courier services ultimately pay for the service.
Competitors and Existing Alternatives
Dispatching companies can be considered our competitors.
Advantages or differentiators
Dispatching companies will never be able to be full-fledged competitors, since the dispatching market is divided and the two competitors most likely will not be able to agree, the primacy is in any case with us.
Risks
A large courier service creates a similar project and will invest in it disproportionately more money than we can attract at this stage.
Incubation/Acceleration programs accomplishment
RockStart in Nederland
Won the competition and other awards
Won two times startup battle with another project in same domain area.
Presence of invention or patent
No
Money will be spent on
Connecting Moscow addresses to the system
Offer for investor
Convertible loan. Discount 25% Valuation cap 3.5 M.
