Capital Raising
Completed
FGMNT (Figment Technology)
Empowering care workers & engaging the businesses that need them
INDUSTRY
Manufacturing
RAISING
A$1M
PRE-MONEY VALUATION
A$4.5M
OFFER PRICE
A$0.67
MINIMUM INVESTMENT
A$25,000
Investment Highlights
Company Overview
Products & Services
Additional Information
Team
Transaction Summary
FGMNT (Figment Technology)
Raising A$1.5M
A$0.085 per share
Investment Highlights
Carer Training Platform Solving the Aged Care Crisis
E-Learning Provider
Solving Proven Pain Points Within the Industry
Upskill Grow Outpace
Company Overview
Software development and production company
Raising A$1.5M to fund and commercialise their new revolutionary training product, Outpace
Professional learning platform for Aged Care
The platform is live and Outpace has already begun signing aged care businesses across the country
FGMNT (Figment Technology) is a ‘new tech’ Software Development and Content Creation Company specialising in developing world-class, immersive and virtual reality solutions to solve important global problems.
FGMNT‘s team comprises highly skilled software engineers, designers, mobile app and virtual reality specialists and incredibly dedicated content creators and team managers.
We’re a diverse team of men and women, representing 7 different countries in our Melbourne office, FGMNT is an Australia-based company with global ambitions.
Operating out of its South Bank offices, FGMNT aims to be an impactful, diverse and earth-friendly company, while returning exceptional growth performance for its investors.
An accreditation ecosystem for the global aged care industry
FGMNT is developing its flagship product Outpace, a scalable, immersive training and accreditation ecosystem for the global aged care industry.
The aged care industry has lacked viable solutions to the myriad systemic problems that persist.
Care workers are consistently subjected to poor working conditions, low pay and inadequate training.
High-quality foundational training, delivered in a globally scalable way is a key component to solving the trickle-down pain points experienced across the entire industry that is responsible for caring for our loved ones.
The aged care opportunity
Initial Total Addressable Market; Australia, UK, and USA. 2,930,000 paid care workers at $11 per month = $322,300,000 ARR
Aging population
Creating measurable, results-driven strategies for clients
Churn of existing carers
Creating measurable, results-driven strategies for clients
65% are ‘voluntary’ unpaid and untrained
Creates additional risks to both the carer, recipient and business
Scalable product
A solution that is both globally accessible and effective
Products & Services
Immersive learning
On-demand video-based training (an entirely new paradigm in Aged Care training). Interactive. Multilingual. Accessible anywhere on Mobile / Desktop / VR.
Accreditation App
Verifiable, gamified accreditation at your fingertips. Training results automatically populate your profile and are instantly shareable with employers.
Team Management & Analytics
Train entire teams and manage analytics from the powerful dashboard
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