Almost every business of scale across the world is seeking ways to digitally transform their enterprise to reduce costs, increase efficiency or improve engagement. This company is a proven Digital Transformation Platform, already working with organisations including Crown Entertainment, DuPont, Fire and Rescue NSW and Judo Capital to dramatically improve their enterprise efficiency. The Platform has been designed to scale rapidly and is now poised to ride the global digital transformation wave.
The company takes advantage of recent developments in cloud and mobile technology and IoT to disrupt the traditional approach to software development. Deployed as a Platform as a Service (PaaS), it enables an enterprise to create powerful business applications without using code, in hours or days instead of months and years. The company enables an enterprise to slash costs whilst providing superior business functionality in record time. It connects any user, on any device, in any location to enterprise IT and eliminates paper-based business processes, spreadsheets and shadow IT.
Over 200 projects have been completed to date, connecting two million enterprise users and generating revenue at a current run rate in excess of $1M / annum.
The company is seeking to raise $1.2M at a pre-money valuation of $5.8M to rapidly accelerate its sales and marketing efforts domestically and globally following substantial market validation of its PaaS capabilities.
Key Transaction Information
AUD Raising $1.2M on a pre-money valuation of $5.8M, with $250,000 already secured from existing investors