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EPOS Hybrid
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==Summary== A disruptive SaaS & Fintech platform that delivers next-gen automation, digital ordering and ops management solutions to the hospitality F&B industry. Over the last 2 years, ePOS Hybrid has grown the value of processed transactions by over 20x from £4.7M to over £90m for UK businesses and are now aiming to expand globally * Over 7 million consumers have used our tech to buy a drink or meal * We processed over half a million orders last month worth £6.6 million * We estimate that our clients may have saved up to £1.6m in 3rd party commission * Increased customer base from 221 to 900+ since our last funding round ==Idea== <vimeo>703713266</vimeo> Despite launching in the midst of lockdown, we’ve rolled out our tech to over 900 locations in the UK, powered millions of transactions and have reached a monthly revenue of £67k in April 2022 (FY to May 2022 £436k revenue & -251k EBITDA). Now we’re ready to take a greater share of the projected $4.2t global hospitality Food service market. Food & drink outlets are trying to recover from COVID, but now they’re also battling; * Skyrocketing costs * Staff shortages * 3rd-party delivery platforms blocking direct customer engagement & taking unsustainable levels of commission * Multiple tech providers in different areas of their business slowing down service, increasing costs & creating an operational nightmare Our plug-and-play platform encompasses next-gen digital ordering, FinTech & ops management tech that’s transforming how hospitality businesses operate. We’re empowering them to increase service speed, streamline operations & reduce dependency on 3rd party delivery platforms by facilitating direct customer ordering, all through a single dashboard. Since our 2020 funding round, we’ve: * Doubled team size to 17 * Launched QR ordering, payments & website-building products * Fully automated user onboarding Next steps: * Launch our new enterprise dedicated product & scale our multi-location user base * Expanding into key international markets after a successful launch in India * Accelerate growth in the UK ==Team== '''Bhas Kalangi, Founder & CEO''' A serial entrepreneur with 17 years experience in startups, turnarounds and successful exits in various industries and countries. '''Andrew Gibbon, Head of Growth''' An ambitious leader with over a decade of experience in start-up and scale-up companies. '''Kishore Bell, CTO''' Cross domain engineer with over 14 years in leading dev teams in cloud application development '''Alastair Hutt, Head of Partnerships (part-time)''' Over 40 years in building business growth, recently Head of Partnerships and Innovation Management at NatWest and RBS '''Rachel Davies - Marketing Manager''' Over eight years experience in international performance marketing and digital product delivery working for a renowned agency in the UK '''Alex Grant, Non-executive Director (part-time)''' 38 years’ working in technology in financial services including serving as Head of Technology in RBS/NatWest and as COO of an RBS/Aviva bancassurance joint venture. '''Farah Buckley, Board Advisor (part-time)''' Farah has years of experience in financial services, currently working as an Independent Non-Executive Director Apollo syndicate management. Previously the Head of Investment Solutions at asset manager Hermes GPE and the Head of UK for Adveq, a Swiss private equity investor '''Atiquah Vohra, Board Advisor (part-time)''' Atiquah brings expertise in legal, risk and governance with strategic board level involvement in various sectors. [[Category:Thesis]] [[Category:Equities]] __INDEX__
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