Using our cutting-edge Internet of Things, Computer Vision and Artificial Intelligence competences and capabilities, we enable unattended/self-service flexible product purchasing and replenishing.
Current Status
Product deployed in the market with several customers (e.g. Largest CPG Companies)
• 4000 Units Asia – Capex $5 Million + SaaS $30/month per cooler • 1000 Units Americas – Capex $1 Million + SaaS $30/month per cooler • 1000 Units EMEA – Capex $1 Million + SaaS $30/month per coolers
Revenues expected of 6 Million USD for 2021
88 Employees current in the organization
Market
Vending Machine Solution Addressable Market:
- All store formats, such as supermarkets, supercenters, conventional grocery stores, club stores, pharmacies, etc. - Micro-markets within office premises and commercial office buildings - Airbnb, vacation rentals, lodging properties, educational buildings, malls, and quick-service restaurants - $17.6 B addressable market
Problem or Opportunity
• Consumer Journey and interaction with any brand will be based on trusted locations and suppliers in an honest environment. • Unmanned Smart Solutions bringing products to the At work and New Retail.
Opportunity
- $17.6 B USD in North America Alone - Companies like Coca-Cola has around an inventory of3.5 Million Vending Machines installed with a 10% growth rate for replacement yoy.
Solution (product or service)
Looking to grow the installed base of machines and establish an ecosystem to foster both Advertising and Insight business revenue streams.
Series A targets
• Seeking in between 2 to 3 investors • Partnership targets: Real Estate Partner Technology Partner Retail Execution Partner Cooler Manufacturer Partner Content Advertising Partner
Competitors
Competitors providing weight sensors, RFID and cameras with a pricing range of around 2500-6000 usd. Maintenance issues with a very complex solution, which brings the TCO as our differentiation in comparison to our competition.
Advantages or differentiators
- Around 46% lower Total Cost of Ownership in comparison to the competition - Large CPG company deal for the next 3 years where with a forecasts to implement 500,000 units in the next 3 years across the globe. - Partnership with companies like Microsoft and Sony to provide the state-of-art solutions as part of the existent roadmap
Finance
• InstaGnG owns, installs, and operates the cooler solution, including the cooler unit, on-cooler components such as camera, GPU, etc., the telco edge cloud infrastructure, and connectivity.
• Retail companies pay for the hardware and subscribe to the platform usage software licenses.
• Retail companies pay nominal one-time setup fees and recurring fees based on either ‘Fixed Consumption’ or ‘per Transaction Consumption.
- Cost Structure - People, Hardware, Support Services and Installation related costs
Business model
SaaS and Cooler as a Service Model.
• InstaGnG owns, installs, and operates the cooler solution, including the cooler unit, on-cooler components such as camera, GPU, etc., the telco edge cloud infrastructure, and connectivity.
Money will be spent on
People - Additional 60% resources required (70% Opex increase) Financing charges - Capex intensive requirement as payment terms are 90 days on average. Market and Sales - 5% on overall annual sales
Offer for investor
Series A - up to 2 Million USD for 10% of the company