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‘Internet of Things’ technology for fleet managers
Cost Reductions, Risk Mitigation Carbon
Management
Simplicity & efficiency at the touch of a button
A user-friendly and streamlined approach ‘An improved experience for all’
GPS TRACKING
INTEGRATED TELEMATICS
ACCURATE RECORDS
Carbon Management
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Rev
enu
e (£
k)
Corporations £4m
Local Authorities
£3.5m
NHS£2m
NGOs £0.5m
Year 5Revenue
Apr-Jun Jul-Sept Oct-Dec Jan-Mar
• £24k TSB SMART Grant
• £20k SVDP
• AutoTrip incorporated
• Patents Pending• Problem
consulting: Gfleet
• £90K TSB SMART Grant
• Finalist Cleantech Innovate
• Hardware manufacture and software developer secured
2013 2014
Co-founderAndrew Wordsworth• 13 ventures • Bain • Cambridge
Technical DevelopmentRohan Verma• MapmyIndia • LBS (MBA)• Stanford (USA)
Venture DevelopmentAlexander Nicholson• Venture execution• St Andrews• Cambridge
Partners
James Byrne Chris EndacottAdvisors:
SEED
• 2014/2015• Funding: £150k
SEIS equity plus £90k non-dilutive grant secured from TSB
• Post-money valuation: £1.0m
SERIES A
• 2015/2016• Funding: ~ £500k• Post-money
valuation: £3m
Application of Funds
Pilot Deployment £60,000
Technical Dev. £60,000
Central costs £80,000
Contingency £40,000
2013/14 2014/15 2015/16 2016/17 2017/18
(0) 40 504 3,540 9,020Revenue
(, £k)
