Photo - Wely LLC
44987

Wely LLC

Building management systems - BMS

Georgia
Market: Mechanical engineering
Stage of the project: Idea or something is already done

Date of last change: 17.02.2020
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Idea

To create smart and cheap software and hardware solution for SMEs, help them to reduce utility cost.

Current Status

Our company has started to work on building management systems in 2018, actually we have done a lot of things in the software and hardware parts. Also we have clients, at this time we are delivering the solutions to them and we have proposals with some big Georgian companies.

Market

Market is really big, so at this time we work hard to sell our product in Georgian market and In parallel we'll start to find clients in a global market. Because our solution is different from all the BMS systems which we met in globally

Problem or Opportunity

All of sizes businesses have a lot of problems to manage processes in there buildings, like temperature, humidity, CO, CO2, lightning and etc. They are loosing too much money paying high utility costs every month and do not get results. Our solution helps them to make authorizations without any problem to reduce cost and increase profit, also get good atmospheric condition for employees.

Solution (product or service)

We are creating smart devices and software part, so all the sensors and devices are made by us. We do both of parts to offer affordable, effortless and secure solution for our customers. For server we use cloud server, every customer has account number on our web, so they need only to have an internet browser to sign in from any place in a world.

Competitors

There are some giant companies who does building management systems from old time, but they are expensive. There systems needs professional employs to install, care and to learn how to manage it. The big problem is that people who are out future customers, they don't have possibility to buy BMS, that's why we are oriented about SMEs.

Advantages or differentiators

Our devices are easy to install, no need any professional engineer, it's also easy to use, we have a human interface to manage easily anything what you need to manage. Wely system doesn't need any infrastructure charge, every update is making by us through the cloud. We left all the difficulties on our side to give our customers smart and comfortable system.

Money will be spent on

We need money for the team salaries, finalize product, sale.

Offer for investor

We think that we can offer 10% of the company.

Team or Management

Risks

There is no risk why our business will not work, what we are doing is need for all

Won the competition and other awards

We have won GITA's grant an investment 100.000 GEL
Also we are the winners of TBC Bank business "Best Innovation of 2019 Award"
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video