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Internet of Thing Business Investment Opportunities in Ontario

Showing 1 - 1 of 1 Internet of Thing Business Investment Opportunities in Ontario. Invest in an Internet of Thing, IoT or a Home Automation Business.

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Lighting Fixtures Company Investment Opportunity in Ontario, Canada

Smart light fixtures company for the 21st century with bootstrapped growth and Fortune 500 customers.
- Over 1.5 Million CAD in sales since inception; net profit of >25% last year. - Tracking 1 Million in sales this year, 530K YTD in sales. >$20 Million in opportunities pipeline. - This year's orders growth is >70% compares to the same time last year. >160 projects, 15 cities, >300,000 watts of energy saved >5,000 lbs of materials saved. - 15 independent sales agents across the US and Canada, small internal team of 6. - Patent pending electrical hardware, patent filed with CIPO (Canadian Intellectual Property Office) - Fortune 500 Companies as clients. - Order Book of $ 7 million. Key points of the business - - Bootstrapped growth. - Founders with deep domain expertise. - High-quality products at competitive prices. - Patent pending hardware. - Fortune 500 customers. - Sales growth due to rapid expansion and the company completed 100 successful projects last year in more than 15 cities globally. - Revenue is generated through the sale of smart lighting products, the sale of replacements & parts, and the company is planning SaaS-based solutions in the future. - Sales strategy: Currently, the company has commissioned reps connecting with distributors. With funding the company aims to have a direct salesforce focused on enterprise clients and customers.
7.8   Ontario
Run Rate Sales
USD 900 thousand
EBITDA Margin
27 %
Financial Investment
USD 1 Mn for 16%
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