Problem
- IT networks have become overly complex, expensive, and resource dependent.
- Cybersecurity, data protection, regulatory compliance, advanced technology, cloud services and a remote workforce all have contributed to this
- Managed service providers are seeing their profits erode as they try to comply with customer needs.
- Specialty Retailers are losing SMB customers because the multi device/multi vendor requirements are overwhelming to the SMB.
Solution
-Comprehensive and fully integrated business network platform
- Embedded Cybersecurity and data protection
- AI to optimize management, performance and security
- Scalable to 250 employees
- Intuitive console simplifies employee provisioning and management
- Annual or monthly subscription
- Reduced incidents, response times,and technical demands; Increased profits for IT managed service providers
- Single box retail solution for SMBs, which will increase Retailer sales, minimize technical support, and provide future recurring revenue
- 3rd party application Marketplace for to provide extensibility and customization
The Market
-Cloud services will top $150B in 2022 (Gartner) and grow at 23% into 2026
- Managed services 12% CAGR to $552B in 2028 (GrandviewResearch)
-53.3M million small businesses operating in the U.S. and EUROPE
- 65,000 MSPs globally managing 20M endpoints
Objectives
The objective of the seed round is to build the initial team, secure 1,500 customers, achieve $5M in sales in 2022.
Positioning company for formal A round.
2022- $5M sales, 1,500 customers, 35 employees, cash flow positive, 2nd data centre
2023- $20M sales, 4,000 customers, 60 employees, Secure A round, 3rd & 4th data centres
2024- $40M sales, 12,000 customers, 80 employees
Our goal is 25,000 customers by the end of 2026
Team Experience
- Founder 1- 25 years of DevOps and software development experience, business systems, cybersecurity, AI
- Founder 2- 25 years experience as a managed service provider, over 250 networks managed. IT, Data Center, Networking
- CEO-2 successful software exits $130M in exit value, 3 time Inc. 500, 3 time Inc. 5000, and 3 time Deloitte FAST 500
30 years of finance, operations, legal, tax and sales management experience
Global distribution and Managed Service Provider (MSP) channel relationships (1,000+)
- Board Advisor - 45 years of Strategy consulting, retired McKinsey partner
- Specialty retail sales relationships at Best Buy, Micro Center, Office Depot
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