5
The tools
available on the market
are complex, lackadoption or
do not create meaningful summaries
What is the
most visited web site?
Why?
SEARCH for information, data…
Is it different at work?
We increase
productivity by structuring
information and simplifying search
on existing systems and documents
We index and summarize key documents and emails
Instantly reachable via a simple search interface
Reduce searching time by 30%
Increase employee productivity
by 6.5%
What we saw
in one of the most admired
companies in the world and what
I learned from it, is that…
There is an information chaos…
Thousands of documents, hundreds of tools creating a general frustration
Our interface
is so intuitive that it requires no training time
Search Interface
There is a low to no adoption of new systems…
Most employees are only using Office, SharePoint and emails
A design of a solution around employee’s habits should benefit users within the
first minute of use
Useful user
centric additional benefits
Save emails and attachments in 1 click
Post comments and rate content
Follow anything and receive notifications
Decrease loss of knowledge
Enterprise Search
Market is a fast growing
market
Bottom up forecast
based on interaction with
potential customers
Positive feedback
We have received
positive andconstructive
feedback
The tools
available on the market
are complex, lackadoption or
do not create meaningful summaries
0 day learning time
Our difference
User Experience & Customer centric
Simplicity
We would
reach break even after
3rd year And target to exit in the 5th year
Table of content
- Introduction
- Problem
- Solution
- Product
- Why now
- Competitors
- Market
- Customers
- Business model
- Financials
- Team
What we do
Our software eliminates the time wasted
by business teams searching for information,
by indexing and summarizing key documents, and making them instantly and intuitively reachable on a simple interface.
Business model
with multiplerevenue
streams
Not the right fit
Positive feedback
Source : Crunchbase, comparable analysis on 215 similar companies
Not the right fit
(including risk factor and series A dilution)
Agreement on the problem
Need for a solution
Approve simplification apprach
Limited text
Focus on pictures
Or only data
$500k investment at $3.3m post-money valuation
$50k = 1.5%
Exit target between $75m and $117m in 2021
ROI estimate between 8x and 12x
We have received
positive andconstructive
feedback
The deal
Team
The working
environment is changing
rapidly and big vendors have
not adjusted their offers yet
WORKING ENVIRONMENT
Information overload
Fragmented organizations and high employee turnover
Knowledge and productivity loss
vendors offer (heavy solutions)
MARKET
and
customers need (simplicity)
Gap between
and
10 Points Summary
Our interface
is so intuitive that it requires no training time
- 19% of managers time spend in search
- 6.5% productivity opportunity
- Gap between vendor offer and customer need
- 3 $b Enterprise Search Market
- Elqano v1.0 ready
- 70% positive feedback on 11 customers meetings
- 20 000 users target for next 3 years
- 33 $m revenue target for the next 5 years
- $500k investment at $3.3m post-money valuation
- ROI estimate between 8x and 12x
Document content interface
Documents are lost in disorganized shared folders
Or locked in private email boxes
Data, information is difficult to find, not shared efficiently
…eventually it gets lost
19% of work
weeks is spent searching
for information