RINGOVET

RINGOVET  is an innovative technology startup that combines two main components: a mobile vetclinic, i.e. a minivan in which a veterinary clinic is located, and a mobile application that allows users to post an application about an injured dog, take a photo, add a description, and the application has an integrated GPS system. , the location of the affected dog will be automatically recorded. After uploading an application to the application, users will have the opportunity to finance the further rehabilitation of the injured homeless dog, the purchase of medication and, if necessary, finding a paid shelter. The vet clinic will start operating in Tbilisi first, and then it will take care of the health of stray dogs living in the regions.

Start-up business development service

We created a business development plan for RINGOVET, which includes:

  •  Executive summary
  • Description of start-up background
  • Determination  team and organizational structure of start-up
  • Detailed description of innovation technology of start-up
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Available Market – S.A.M
  • Market Analysis – determination Serviceable Obtainable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • Determination commercialization strategy
  • Determination & optimization of the business model
  • Determination of development plan of start-up
  • Planning a 5-year project budget for GITA start-up matching grants.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation of revenue growth rate and CAGR – Compound Annual Growth Rate for a 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

Info

Total Investments Raised : 19 000 $

HealthTech

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