Yovza

90% of the Construction is still working on old school formats, on spread sheets. Yovza, provides a value SaaS to the all four key main segment of the industry (Architects / Builders / Sub-Contractors / Material Suppliers) by introducing them to an affordable IT web based solution with the help of which they would form a strong ecosystem of exclusive construction community.

Within 50 days of version 1 being released, we got more than 120 companies registered, which forced us to stop marketing and focus on product development. Now when the MVP is ready we are looking out for funding in order to serve the post sales commitments towards the customers.

Total Available Market is 79,000 + companies worth more than 185 million dollars in recurring revenue per annum only from UAE

90% of the companies associated with construction industry are still working on excel formatted templates due to non availability of affordable collaborative tech solutions.

Yovza is an affordable multi-sided subscription based organized construction marketplace bringing all the key project stake holders under a single platform helping them manage their day to day workflow saving up to 70% of their existing time and cost involved for just 80 $ a month per company

Protenders.com / aconex.com / procore.com / buildup.co

We see our-self comfortably located between affordable and user specific, as all other solutions are mostly very expensive and company specific

By end of 5th year our yearly revenue is projected to 47 Million dollars from UAE only with net margin being 99.8 % growing 30 % every year

Subscription based + other multiple revenue streams

Funds will be majorly spent on salaries for founders / tech and sales team + infrastructure / licencing expenses

We are comfortable to go up to 10 % equity of our company for 525,000 USD

There are only 2 risks, which we can see one being the product is not at all a market fit (which in our case is minimal as we have brainstormed with more than 120 companies before starting our MVP) secondly going viral (chances of this is very substantial as we are creating exclusive construction community of the region)

We are yet to get support from any such programs

We have not yet participated for any such competitions