Dare Ajala
Rolling Meadows, IL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
AitemConnect
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Startup
Location:
Rolling Meadows
Industry:
Technology/Web
Year Founded:
2016
Number Employees:
10-50 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
We are a cloud based series of Apps, Platforms and Strategies that collaborates with retailers to connect with local shoppers for product delivery to shoppers homes immediately after purchase.
We have raised a seed round from one investor so far to begin preliminary operations for the launch of our first retail store location but we do need additional funds to sustain our launch operations. We are designed to begin making revenue within 2 days after launch. The first retailer we are launching with has 6 locations which we intend to roll out operations to, a couple of weeks after the first store launch.
AitemConnect's business model puts us on a profitable path from day one of launch. Our initial margins are good enough to make us profitable. Our retail partner is excited to collaborate with us because we're bringing them new shoppers as well as have products they purchase delivered to their homes in a timely fashion.
We are seeking another small investment to power our operations through this phase of efficiently organizing our strategies and processes in order to make each store's operations autonomous enough for a national expansion in due time.