Lee Johnson
kanata, ON (CAN)
Role(s):
Founder/Owner/Principal
40 Square Software
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Startup
Location:
Ottawa
Industry:
Software
Year Founded:
2009
Number Employees:
1-10 people
Description:
40 Square Software produces a suite of aviation-specific solutions help companies streamline operations, eliminate paperwork, and save aircraft operations significant money. streamline operations and saves operators significant money. Our products save companies money by reducing labour costs and helping them focus on building their business.
Our team consists of aircraft maintenance engineers, pilots, and software developers. Together we produce solutions that are easy to use, simple, incredibly powerful and designed specifically for the needs of aviation operators.
Our business model is SaaS (Software as a Service) sometimes known as cloud computing.
Our products and services are cutting-edge and are the only ones in this market. We have no competition.
We are in the enviable position of already having made a few major sales and in various stages of closing a significant amount more. Our first two customers are in Malaysia and in England. We are in the process of closing deals with customers in Dubai, Thailand, Brunei and Kuwait. The downside of this incredible response is trying to managing this quick growth. Generally, on the infrastructure side, everything is in place and all processes are functional. We could handle all the sales and more, if it weren't for one problem; we are running low on operating cash. To manage this growth we need to hire a few more programmers, get settled into a proper office space, purchase the appropriate equipment and generally cover our short-term operating expenses.