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Small Internet of Things Company Equity Stake For Sale in Mississauga, Canada

Connects the physical world to the cloud by delivering state-of-the-art data-as-a-service to solution providers.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin Nil
Industries Internet of Things
Locations  Mississauga
Local Time 10:28 AM America / Toronto
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 million for 50.0% stake (Native Currency: CAD 2,500,000)
Reason: Seeking strategic partners and investment to drive marketing, business development, and inventory pr... View More
Includes physical assets worth USD 36 thousand
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Business Overview
- Ontario based business that has developed cutting-edge IoT products and SaaS business.
- Our products enable companies to increase their bottom line by monitoring data streams to reduce costs and prevent disasters with IoT-embedded computing devices.
- Our universal gateway captures real-time data and securely delivers it to your applications and solutions.
- Business has two directors.
- Key markets for us are: commercial and industrial real estate.
- Revenue is generated through product sales and SaaS recurring revenue is collected for data and solution services. .
- Customers waiting for products and services.
Products & Services Overview
We have solved the universal in-building connectivity problem, enabling the proliferation of smart IoT systems that deliver ROI. We currently offer a full flood mitigation, water conservation and age-in-place systems for multi-residential, commercial, and industrial building owners. This year the market is estimated at 180 billion!
Assets Overview
Our main assets are intellectual property for devices, gateways, network elements and wireless protocols.
Facilities Overview
A single story 5,800 sq-ft facility, rented, provides for manufacturing, lab, small warehouse and office space.
Capitalization Overview
By angel investors, by employees, by the majority shareholder/owner and by the parent company that spun out the technology. Tightly held.
Recent Activity
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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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