Pieter Conradie
Williamsburg, VA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Wifi Locator Solutions, LLC
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Startup
Location:
Williamsburg
Industry:
Technology/Web
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
We developed the first smart phone application that can interact with wifi tags. This creates a huge opportunity to conveniently use smart phones to easily track and locate valuables to which the tags were attached. Initially we will develop and market the application and tags for parents to track and locate their children.
Funding Sought:
• $200K seed round
Use of Proceeds:
• Finalize smartphone application and development of wifi tag and go into production.
Revenue Forecast:
• 2012: $500K
• 2013: $2M
• 2014: $4M
• 2015: $6M
• 2016: $8M
Competitive Advantage:
• Easy to use smartphone application.
• Works indoors and outdoors.
• Independent of GPS satellites and reception.
• Less expensive.
• Faster.
Management Team:
• Pieter Conradie, CEO
o With 15 years of project management experience, Pieter leads the company’s strategic planning, management and execution.
• Aubrey Rankin, COO
o Aubrey brings a wealth of more than 16 years of experience in business consulting with PricewaterhouseCoopers, LLP and will focus on developing strategic sales and marketing strength, increasing operating efficiency and increasing revenues and profitability.
• Dr. Sheikh Iqbal Ahamed, Director of Design
o Dr. Ahamed is widely regarded as one of the most knowledgeable experts in the wifi field and leads our technology development team.