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1) Our Business
InSitely is an Internet of Things (IoT) company that delivers your IoT data to the cloud with a revolutionary one-gateway per building solution.
2) The problem we solve
InSitely solves the problem of in-building connectivity and we lower the costs of any solution.
3) Products and technology
Our Award-Winning hardware sensors, controllers, gateways and cloud software suite are developed in-house. Our MVP is for water conservation and flood mitigation with and through our partners.
4) Our market size & growth
Fortune Business Insights estimates the global market for IoT devices & services was $544B in 2022 and is forecast to grow to $3,352B by 2030, exhibiting a CAGR of 26.1% in the period.
5) Business model
InSitely will make money by selling hardware products and will receive recurring revenue for software solutions and data services.
6) Intellectual Property
We continue to file ongoing patent and trademark applications for our products and systems.
7) Competitive advantage
Higher performance with lower system costs is delivered by MOND™, our Long-Range in-building wireless network solution.
8) Traction
InSitely has lined up customers for an initial $CAD7.5M hardware, not including recurring revenue.
9) Marketing
InSitely is currently developing marketing materials targeting B2B relationships while remaining focused on ramping up product deliveries.
10) Team
Our team has successfully created over 600 designs for clients with the number of client products sold approaching 1,000,000 pcs.
11) Next steps
InSitely is seeking seed round funding, of $1M equity, convertible debt or SAFE on a $5M valuation to execute our business plan and fulfill orders.
Contact; Frank Gerlach, BSc.EE. Email: [email protected]
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