29% Raised

Short Summary

Xelba - World class team (CEO formerly worked with Steve Jobs) have produced a software and hardware stack to connect to all IOT devices across all IOT protocols. £6.7m sales pipeline with £860k confirmed. Due to be profitable in 2018. EIS.

Highlights

  • Growing global pipeline of $9.0m, $1.4m of which is confirmed
  • Profitable from early-2019 and forecast of $10m+
  • Multiple trial customers already in progress
  • CEO is a serial entrepreneur and worked alongside Steve Jobs at Apple
  • Founders have invested c. £500k to date. Product fully ready for scaling
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
R8,700,000
Minimum
R430,000
Investment Raised
R2,600,000
Previous Rounds R6,100,000
Stage Achieving Sales
Investor Role

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