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CONFIDENTIAL © Copyright 2016 All Rights Reserved. CONFIDENTIAL © Copyright 2016 All Rights Reserved.
Victoria Vegis Founder - President [email protected] 510-331-3011 .
foris.io inc TM
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Over a third of the country’s vegetables and
two-‐thirds of the country's fruits and nuts are grown in California.
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foris.io inc ™
It is what is beneath the surface that makes
the difference… and not knowing is costing growers dearly.
CONFIDENTIAL © Copyright 2016 All Rights Reserved.
foris.io inc ™
It is what is beneath the surface that makes
the difference… and not knowing is costing growers dearly.
CONFIDENTIAL © Copyright 2016 All Rights Reserved. 5 5
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Wireless sensors designed to monitor soil moisture, salinity and over all soil health data sent
to a mobile device and dashboard with data from up to 36” deep
foris.io inc
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foris.io inc ™
foris.io sensor architecture
LoRaWAN Technology
11/26/16 7 CONFIDENTIAL © Copyright 2016 All Rights Reserved.
Application integrates soil health and weather forecast
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™ ™ Mobile app enables voice conversation foris.io inc
Initial Target Market: California
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foris.io inc
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™
Approximately nine million acres of farmland in California are irrigated,
representing roughly 80% of all water used for businesses and homes
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First Year Second Year Third Year Fourth Year FiPh Year
Strategic online marke/ng, social media, partnerships
Use network channels
Expand to Large Landscape and Residen/al
Trade Shows, PR, Events
Expand to markets out of California: Australia, Israel 17 hubs
175 sensors
Cumula/ve-‐Churn 1,113 hubs 8,767 sensors
Cumula/ve-‐Churn 3,943 hubs
26,017 sensors
Cumula/ve-‐Churn 8,639 hubs 54,216 sensors
Cumulative-Churn 15,409 hubs 92,169 sensors
CONFIDENTIAL © Copyright 2016 All Rights Reserved. CONFIDENTIAL © Copyright 2016 All Rights Reserved.
CONFIDENTIAL © Copyright 2016 All Rights Reserved.
foris.io inc ™
foris.io go-to-market
Irriga/on Systems
IoT Management Systems
Soil Moisture Sensors
foris.io inc
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Enabling Just enough • Just in Time Water Management by
Knowing your Soil Moisture and Soil Health
foris.io inc
™ competitive landscape foris.io inc ™
Victoria [Vicki] Vegis President & Founder Design and Execu/on Team: • Experience with Marketing, Technical Development, Online Sales and
Customer Experience • Lead marketing consultancy firm for 10 years. • Graduate of Michigan State University, Agricultural Economics &
Marketing with studies at Oxford in International Business.
• MK Architectural Designs • SpecSensor Development • ThingLogix • Link Labs • Berkeley Sourcing Group • Rush Order • San Jose State University & UCDavis
Ming Lee
• Extensive background in technology, business development, angel investments and promotion of entrepreneurship
Dr. Annemarie Meike, PhD, JD* • Acclaimed IP Expertise
Dr. Celine Pullard, PhD* • Asst Professor, UCBerkeley. Environmental
Science focusing on the importance of quality and remediation of soils, surface sediment and water
Rakesh Ranjan • Seasoned IBM Executive currently Program Director for
IBM Cloud Services, IBM Research Labs
ADVISORY TEAM
foris.io inc
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™ the foris.io operations team
Steven Baker • 25 years of experience as an investor, Advisor,
Board Member, COO, CFO, VP-Finance of startup, mid-market and multi-national corporations
*-‐pending employer approval
our proprietary system uses strategic sensors and public data sources to allow
• wireless soil moisture measurement • relevant soil health data • secure data transmission • historical and predictive data analysis
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research, development and intellectual property
Key Performance Indicators
YR 1 YR 2 YR 3 YR 4 YR 5
Customers Acquired – Hubs Installed 17 393 1,260 2,016 2,520
Cumula/ve Customers (incl Churn) 17 1,133 3,943 8,639 15,409
Cumula/ve Sensors Controlled (incl Churn) 175 8,767 26,017 54,216 92,169
Gross Margin on Hardware $14,804 $1,754,489 $5,314,902 $8,8642,461 $10,503,799
Total Revenues $24,880 $2,576,884 $7,937488 $13,452,856 $18,405,360
Net Income (Loss) -$600,628 -$912,804 $2,015,324 $6,375,295 $9,852,062
foris.io inc
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™ foris.io inc ™
projected income kpi’s for years 1-5
USE OF SEED FUNDS:
Sensor/Hub MVP final development, validation & testing, begin Prototype Core IoT/AI Control Module & Web UI
Network Scaling Model Development
founders bootstrapped initial concept development, technology and initial work on MVP
Seeking $750k Seed Fund Convertible Note
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foris.io inc
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Thank you Please feel free to contact Victoria [Vicki] Vegis for additional information and to become a part of this ground breaking technology. [email protected] 510-331-3011
foris.io inc
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