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Custom Application Development Company Investment Opportunity in Rovinka, Slovakia

Custom application development firm venturing into AI-powered kiosk that automates eco-friendly buybacks and cashless transactions.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 175 thousand
EBITDA Margin 25 %
Industries Waste Management + 1 more
Locations  Rovinka
Local Time 5:08 PM Europe / Bratislava
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 40.0% stake (Native Currency: EUR 450,000)
Reason: Our company is seeking a pre-seed investment of €450k–€550k to accelerate the transition from a cont... View More
Includes physical assets worth USD 224 thousand
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Business Overview
Our company has built a strong reputation for delivering custom software solutions on a contract basis, demonstrating technical excellence and a deep understanding of client needs.
Building on this foundation, we have evolved our strategy to develop an innovative solution that harnesses artificial intelligence and automation. Our latest offering features an AI-powered automated kiosk, seamlessly integrated with custom-developed applications, which facilitates a fully automated buyback process and eco-friendly processing of used smartphones through cashless payments. With a validated prototype now operating at a high technology readiness level and the backing of an EU grant, we are ready to pivot our focus and transition into this emerging market.
Recognizing the confluence of rising environmental concerns and the rapid evolution of mobile technology, our solution is designed to capture two significant trends. By leveraging advanced machine learning algorithms, our kiosk is capable of assessing the condition of each device in real time and determining competitive buyback prices. The process not only minimizes manual intervention but also delivers a streamlined, cashless transaction experience. This automated system caters to the growing demand for sustainable e-waste management and positions us as a leader in the circular economy for mobile devices.
Recent market studies have revealed a high potential for growth in densely populated urban centers in Asia. These areas, characterized by high footfall in shopping centers, transit hubs, and commercial districts, present an ideal environment for our innovative kiosks. Our expansion strategy is focused on partnering with mobile operators, service centers, payment processors, and manufacturers to ensure that our solution is integrated into high-traffic locations. This collaborative, multi-channel approach will not only drive customer engagement but also create recurring revenue streams that will support long-term scalability.
Our current software development activities will still continue, but we will shift our primary focus from contract-based software development to a kiosk-based operational model post-funding. The investment will be dedicated to transitioning our advanced prototype into a full-scale, production-ready solution, enhancing our AI pricing engine, and executing a robust go-to-market strategy in Asia. Additionally, funds will support essential functions including marketing, legal, and operational ramp-up, ensuring our solution is seamlessly integrated and aligned with local regulatory requirements.
In essence, our vision is to redefine the way used smartphones are recycled, merging cutting-edge technology with sustainable practices to create a lasting impact on the environment. We are on the threshold of transforming an established software development firm into a pioneering force in the eco-friendly mobile recycling industry. We invite investors and strategic partners to join us in this transformative journey, a journey that promises robust financial returns while contributing to a greener, more sustainable future.
Products & Services Overview
Our current activity is in the development of custom applications as per client requirements.
We are developing a new solution that combines an AI-powered automated kiosk with custom-developed applications, enabling fully automated buyback and eco-friendly processing of used smartphones with cashless payments.
Assets Overview
Physical asset includes the Kiosk prototype.
Intangible assets include the registered name, SW code, and the cashless refund process.
Facilities Overview
Operate from a rented space in Rovinka, Slovakia. Plan to move HQ and business to the Asia region, Bangkok.
Capitalization Overview
The business has been funded by owners.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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