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MachineryScanner

The one-stop solution for all needs around machinery.

Luxembourg
Market: Internet and IT, Consulting, Trade
Stage of the project: Operating business

Date of last change: 27.07.2022
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Idea

MachineryScanner is the one-stop shop to find and buy machinery, trucks, and equipment in a safer and faster way. MachineryScanner is today the largest search engine for machinery dealers in Europe and the only review system.

Current Status

MachineryScanner is live and running. All services are now functional and MachineryScanner generates revenues.

Changes we recently did:
We registered in Luxembourg in order to increase the trust in our company.
We added all European companies in our Search Engine. We now have more than 55500 companies/dealers total in our search engine.
We added a Vertical Search Engine for machines, trucks, and equipment with redirection links to our partners' portal. We count now more than 50 000 listings from seven portals.
We added an Auction section to our Vertical Search Engine. We count several thousands of machines, trucks and equipment for sale on auction.
Some very large European companies started working with us or renewed their partnership recently: Equippo, E-Farm, Big Machinery, Braem, Boss Machinery, TransGruas, Mateco, TVH Equipment, Smitma, Maquinaria Alborea, Romana Diesel, Sodineg France, Pfeifer Heavy Machinery, Simex Baumaschinen, Rüko Baumaschinen, or Dynapac GmbH. Those big European players trust us and see the value in our partnerships offers.

Market

MachineryScanner operate with dealers and companies from the construction machinery, trucks & trailers, farm equipment, attachments, and spare parts industries.

Problem or Opportunity

We are two insiders from the industry. We noticed a gap, a lack of trust and transparency in the machinery industry with an increase of fraud and scammers.
Moreover, we realised there was no real vertical search engine.

Solution (product or service)

To respond to this need, we created the first and only third-party review system dedicated to machinery dealers and the first certification program.
Then we also realised there was no real vertical search engine.

MachineryScanner services allow to save time, save money, and work in a smarter and safer way.

Competitors

MachineryScanner is in a pole position and we keep running but we see several potential huge sectorial competitors out there.

MAIN PLAYERS
For Certified Reviews:
TrustPilot - general portal
eKomi - general portal
For the Vertical Search Engine:
UsedEquipmentGuide -
Vertical Search Engine from the US

Advantages or differentiators

MachineryScanner is a one-stop solution for all needs around machinery.
MachineryScanner is the only platform offering all needed services combined.
MachineryScanner is today the largest search engine for companies and in Europe, the largest vertical search engine (aggregator) for machinery, trucks, and equipment in Europe. MachineryScanner is the only review system dedicated to the machinery industry.

Business model

MachineryScanner generates revenue via three business lines:

1 Review & Certification System with Inventory Management System
We have four plans: Free, Lite, Premium, and Complete.
2 Commission System
Cross Selling Services with portals, Inspection, and Shipment Service.
3 CPC from our Vertical Search Engine
Selling visibility to our Partners Portals.

Our metrics are the following:

Currently the medium size basket per customer/dealer is 639 € per year.
The future basket size will be equal to 3000 €, knowing that our commission and services keep increasing.

Money will be spent on

We will mainly use the investment for marketing and sales activity. We need to increase the traffic on MachineryScanner and bring more clicks to our customers and partners.

Offer for investor

We are looking for investment(s) and real mentor(s) to speed up our growth and increase the marketing and sales activities. We are currently looking for 1M for 20% equity. The minimum ticket sizes is 50K.

Team or Management

Risks

We are currently looking to raise investments in order to grow faster and scale up. Our main risk is to lack money to keep a leading position. There are some big companies that could copy our solutions.

Incubation/Acceleration programs accomplishment

We did participate in the Y Combinator program two years ago. We recently participated in the R3i Ventures House of X, Unicorn Pitch in Luxembourg. We are going to participate in the GSD Accelerator program this year.

Won the competition and other awards

We recently participated in the R3i Ventures House of X, Unicorn Pitch in Luxembourg

Invention/Patent

MachineryScanner brand and logo are protected in Europe and North America.

Photos

Photo 1 - The one-stop solution for all needs around machinery.

Product Video

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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
Presentation