HotboxERP is a SaaS technology company with a proven product that solves known industry problems for the legal cannabis industry. We are ready to launch our product to the masses.
Here are a few of the problems we solve for the cannabis industry:
•The majority of the industry utilizes numerous stand-alone software applications without data integration, providing little visibility to company performance.
•Lack of data capture creates excessive manual processes, increasing personnel costs, compliance risks and human error.
•The absence of real-time reporting on inventory status creates internal inefficiencies.
•An inability to proactively manage employee performance curtails productivity.
•Without tangible performance data, there is a lack of cohesion between operations, sales, and marketing efforts.
HotboxERP will replace all current existing software systems with ONE. We can get your business up and running in weeks for far less than they are paying now to multiple vendors. The ROI typically for any multi-site or multi-license business is around $2,000-$10,000 + monthly within the first few months.
*By capturing far less than 2 percent of market share today, HotboxERP will achieve over $25M in annual recurring revenue through our SaaS monthly subscription model. We are looking to raise $300K to finish series B round of funding. We successfully raised $2.7M to build the platform to solve industry problems.
My name is Dave Janzen, I am the CEO and founder of HotboxERP. I have been creating and selling software solutions for 20+ years. I have successfully sold a similar software subscription model for the public library space. We found success by having a great product, better sales reps and simply listened to the customers as we solved their problems. We focused on solving the major pain points for automated check-in and checkout software systems using RFID technology.
The legal cannabis market is over ten times the size of the library market and growing, daily. The path to every single cannabis license holder is much easier than working your way inside government funded programs and procurement process like the library space. Every single cannabis license holder needs a system to run their business and required to comply with state compliance rules 100% of the time. We automate the communication to the state reporting and compliance agency and systems in all states. We solve their problems because we have spent thousands of hours over the years listening and providing solutions. We also have been building a great finder and channel partner network to leverage other industry experts and their book of business. We own 100% of the IP. Fortunately for us most of our competitors do not. The only way they can complete with us, is to use partners, and/or lease a portion of their solution via white label or use an existing platform created for other industries. This creates its own set of problems and finger pointing and/or communication issues.
I am a very passionate driven individual. Nothing happens until you make a sale. Exceptional selling process and solutions, onboarding experience and great customer support, make great companies. Here at Hotbox, we understand this. Every customer experience is most important to us. We know our product is strong and superior. We know Hotbox will be able to adapt to an ever-changing industry with compliance changing daily. We understand knowing your customers and consistently providing better solutions and service win customer loyalty. 20 years of taking care of customers has been a winning formula.
I love the opportunity to share much more details on the company and this investment opportunity. Please reach out to schedule a meeting.
Sincerely,
Dave Janzen
CEO, Founder
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