PORTFOLIO

START- UPS

ALLWINE.GE

Start-up – ALLWINE.GE    founded in 2017 year.

ALLWINE.GE is largest online store and media portal of Georgian wines.

  • ALLWINE.GE is Online store of selected Georgian wines .
  • ALLWINE.GE is Everything about wine – informational media portal
  • ALLWINE.GE is Tasting corners in Tbilisi and Batumi, where you can taste wines for free and buy the ones you like

Start-up valuation service description

We advised management of KEDARI VENTURES to determine pre money & post money value of start-up ALLWINE.GE based on post revenue start-up qualitative & quantitative valuation methods.

AReal

AReal is the startup company which makes digital thechnologic products for various industries and businesses procces.

Facebook Page –   https://www.facebook.com/ARealOfficial

Start-up Business development service description

We advised to start-up Areal in process of creation GITA matching grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M
  • analysed and revised 5 year projection of financial model of GITA matching grant.

BAUCHI

Bauchi is a start-up that makes wooden toys. Wooden toys are based on the principle of Puzzle, which is assembled by connecting different parts. The most important innovation of a start-up is the fact that the production of wooden toys does not require large capital expenditures and enterprise arrangement.

Start-up business development service description

We created business development plan of start-up BAUCHI which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of products and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

BIOCURE

Start-up – BIOCURE    founded in 2019 year.

BioCure is an eco-friendly and universal petroleum product pollution cleanup solution, which simplifies and cuts cleanup process costs.

BioCure technology is based on the accelerated natural bio-degradation method and is effective on any type of ground, water, groundwater, and seawater.

In 2019-year BIOCURE won GITA start-up matching grants with amount 100,000 GEL.

Web Page – http://biocure.tech/

Start-up valuation service description

We determined pre money & post money value of start-up BIOCURE based on pre revenue start-up qualitative & quantitative valuation methods.

CONSTRUCT.GE

Web-Platform CONSTRUCT.GE LLC was founded in 2016 by Wsale LLC, Modulator LLC and N(n)le Infrastructure Construction Companies’ Association.

Platform aim to solve problems in fields of e-commerce and market price analysis.

CONSTRUCT.GE offer following services for B2B clients:

  • E-Commerce system of construction products
  • Market price analysis system (Under Development)

Start-up valuation service description

We determined pre money & post money value of start-up CONSTRUCT.GE based on pre revenue start-up qualitative & quantitative valuation methods.

CHAI App

Start-Up CHAI is founded in 2020 year.

CHAI is online dating application which provides following innovative features :

  • create own avatar
  • tick interests/hobbies
  • find people with the same interests/hobbies
  • find people in the location
  • chat with selected CHAI users
  • meet them in real life
  • visit CHAI’s partner Cafes & Restaurants and get special offers

Start-up valuation service description

We determined pre money & post money value of start-up CHAI App based on pre revenue start-up qualitative & quantitative valuation methods.

DIREST

Start-up DIREST founded in 2018 year.

DIREST help local citizens and tourists to explore traditional dishes and restaurants in Georgia based on price, territory, distance and popularity of restaurant.

DIREST   offers services by following platforms:

  • via mobile application.
  • via web site.
  • via Facebook chat – bot.

Start-up valuation service description

We determined pre money & post money value of start-up DIREST based on pre revenue start-up qualitative & quantitative valuation methods.

DOERS

Start-up – DOERS    founded in 2018 year.

Doers is a platform with a free market based economy, where people who are looking for any type of service are matched with people who can deliver those services. The platform will be accessible through smartphone devices with iOS and Android operating systems.

Customers willing to get on-demand services (Authors) will be able to post desired service request (a Mission) with description, desired time, desired price, location, images and tag it with generalized category. Submitted missions are placed on the map. Service providers (Doers) will be able to set their region of interest with range (Zone) on the map and categories of competence (Tag).

In 2018 year DOERS won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up DOERS   based on pre revenue start-up qualitative & quantitative valuation methods.   

DONNA App

Mobile application DONNA App launched on September 11 2017.

DONNA App is an innovative way of delivering food, which gives opportunity   application users to choose restaurants or cafes, choose desired products, make online order and receive product    directly in car Without walking and queuing.   


DONNA App offers following services:

  • Drive thru.
  • Online Food delivery.
  • Restaurants and cafés online reservation.

Start-up valuation service description

We determined pre money & post money value of start-up DONNA App   based on pre revenue start-up qualitative & quantitative valuation methods.   

ELIXIR

Company  Inno Lab Georgia established in December 2017 year.   The main   business activity of Inno Lab Georgia is production innovative, high-tech , safe, ecologically clean – georgian product – ELIXIR,which created in collaboration with  Austrian scientist – Dr Hebert.  

ELIXIR is high-tech , innovative, safe for humans  and ecologically safe  product , which ensures sanitation , disinfection without harmful chemicals and is very effective in combating against any bacteria and viruses. 

Start-up valuation service description

We determined pre money & post money value of start-up   ELIXIR based on pre revenue start-up qualitative & quantitative valuation methods

Start-up business plan development service description

We created business development plan of start-up ELIXIR which includes:

  • Market research of various sectors  from agriculture – to hygiene consumption.
  • Direct and indirect competitors’ analysis.
  • Sales projection of diversified products.
  • Financial model with sensitivity analysis.
  • IRR and NPV analysis.

ELVEN TECHNOLOGIES

Firefighters protection suits producer Start-up ELVEN TECHNOLOGIES founded in march 2018year.

Mission of ELVEN TECHNOLOGIES  is to revolutionize the clothing industry with high technology. ELVEN TECHNOLOGIES founders dreams of superhero suits and high-tech space suit. Elven Fire Suit is a first step to the bigger goal – to create the best, technologically advanced personal protection suits on the market.

Elven Technologies offers a technologically advanced fire-proof suits for fire-fighters to keep them safe in the line of duty and help save lives.

Elven Fire Suit – is a fire-proof suit with complete protection from direct flame and very high heat resistance. For higher protection and comfort, Elven Fire Suit is equipped with Internal Cooling System that automatically detects a rise in the suit temperature and cools the fire-fighter to a desired level.

In 2019-year ELVEN TECHNOLOGIES  won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up ELVEN TECHNOLOGIES   based on pre revenue start-up qualitative & quantitative valuation methods.   

EXPAGO

Armenian start-up EXPAGO founded in 2018 year. 

EXPAGO offers travelers a new way to explore the world through the eyes of local experts, who use their knowledge and passion to create unique experiences. Nothing beats a personal connection and authentic expertise. Instead of relying on guidebooks and Internet pages, tourists join the locals, who can show the places and offer the experiences that won’t be found anywhere else.  

Start-up valuation service description

We determined pre money & post money value of start-up    EXPAGO   based on pre revenue start-up qualitative & quantitative valuation methods.

FORMA

Forma is the first Georgian mobile application, through which the user will be able to place his daily ration in the program, find the desired food product, find out its energy value, get information about its useful properties and get recommendations from leading doctors and nutritionists on what it really means. A healthy lifestyle, how to get products during the day and how to start exercising properly.

Start-up Business development service description

We advised to start-up Areal in process of creation GITA matching grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M
  • analysed and revised 5 year projection of financial model of GITA matching grant.
  • analysed and revised total budget of GITA matching grant project

GOTRIP.GE

Start-up gotrip.ge founded in 2017 year.

gotrip.ge is innovative web & mobile applications, which connects drivers and travelers and provide travel planning, tours and transfer services in georgia, Armenia and Vietnam. Gotrip.ge   is a platform, which allows tourists to plan their travel tour and make online order for car.

Start-up valuation service description

We determined pre money & post money value of start-up GOTRIP.GE based on post revenue start-up qualitative & quantitative valuation methods.  

GROW GROUP

Start-up GROW GROUP founded in October of 2019 year.

start-up GROW GROUP manufactures following unique products:

  • dry abrasive plaster
  • cement and perlite

these unique products has high thermal and sound insulation, refractory, environmentally friendly and are easy to use.

Start-up valuation service description

We determined pre money & post money value of start-up   GROW GROUP based on pre revenue start-up qualitative & quantitative valuation methods

Start-up business plan development service description

We created business development plan of start-up ELIXIR which includes:

  • Executive summary
  • Product descriptions
  • Determination quantity & price of required fixed assets
  • Sales plan
  • Management team
  • Determination of organizational structure
  • Market analysis of construction sector
  • Determination main competitors
  • detailed description of manufacturing process
  • Financial plan
  • determination of costs of goods sold of all products
  • determination costs of building manufacturing factory
  • Investment Return analysis – IRR & ROI
  • Risk analysis

GUSTAV

Start-up GUSTAV founded in 2017 year.

GUSTAV offers dry cleaning and laundry online delivery, ironing and shoes care services for retail and corporate clients.   GUSTAV wants to make laundry and dry-cleaning services easily accessible and comfortable for customers.

Start-up valuation service description

We determined pre money & post money value of start-up GUSTAV based on post revenue start-up qualitative & quantitative valuation methods.   

GYMSTINCT

Technology start-up GYMSTINCT founded in November 2016 year.

GYMSTINCT is fitness technology company creating solutions to enhance fitness clubs with modern-intelligent digital capabilities, including:

  • ERP software solutions for fitness and sports club’s business operations management www.gymstinct.club.
  • Gymstinct datahub including web and app support for trainees and trainers to manage their workout programs and performance at www.gymstinct.com.
  • Digitally enhanced commercial fitness equipment equipped with 4D Motion-capture sensing technology and linked to Gymstinct Datahub.

Main product of GYMSTINCT is Cloud based ERP software for fitness and sports clubs, to manage business operations.

Start-up valuation service description

We determined pre money & post money value of  start-up GYMSTINCT   based on pre money start-up qualitative & quantitative valuation methods.  

INVENTORS

Start-up – INVENTORS    founded in 2019 year.

Startup INVENTORS is a new electronic space that will completely change the current processes in the automotive industry, make the market more organized, transparent, and flexible. It will simplify daily activities on the one hand for the auto parts resellers, such as major importers of car parts, distributors, sellers of used parts, car dealers, junkyards and, on the other hand, consumers: individuals, car services, small and large workshops, and auto insurance companies.

In 2019 year INVENTORS won GITA start-up matching grants with amount 100,000 GEL.

In 2020 year INVENTORS won TBC BANK Application competition with amount 30,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up INVENTORS based on post revenue start-up qualitative & quantitative valuation methods.

KOTE.GE

Innovative construction technology Start-up Kote.ge founded in 2017 year. 

Kote.ge was founded as an Architectural, design, development and production company that’s oriented in hi-tech reliable and affordable prefabricated house production.   Main goal of start-up Kote.ge is to make buoying a home available for everyone.  

Start-up business development service description

We created business development plan of start-up KOTE.GE which includes:

  • Planning 1-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 1-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 1 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of cottages and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.
  • Calculation break even points for 5-year projected period.

LOCALS

Innovative tech start-up – “locals” is combination of tourism platform, news streaming platform and influence platform.

Multilingual online platform will include website and app about Georgia covering all the country connecting tourists and service providers and helping to find best places around the country in-clouding: hotels, restaurants, bars, clubs, shopping, sightseeing and historic heritage, museums, local heroes, etc.   The service would help local and foreign travelers to navigate the country from popular and famous  destinations to upcoming hotspots and remote locations, finding rare gems of Georgian nature and history, getting to know the country and be able to get best service in any place or on the way to their destination.  

Web Page – http://thelocals.ge/

Start-up valuation service description

We determined pre money & post money value of start-up Locals based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up LOCALS for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

LOCKSPOT

start-up LockSpot founded in October 2018 .

  start-up LockSpot aims to create centralized system for identifying lockers locations worldwide.   LockSpot main goal is to create user oriented web-platform which will help travelers in the future to identify desired luggage locker location and choose the shortest route.

Start-up pitch deck presentation service description

We created pitch deck presentation of start-up LockSpot, which includes :

  • Problem determination for Lockers industry
  • Competitive Advantages Analysis.
  • Market Research of locker sector.
  • T.A.M -Total addressable market size analysis.
  • S.A.M – serviceable available market analysis.
  • S.O.M – serviceable obtainable market analysis.
  • Construction business model.
  • Correlation analysis between lockers users and tourists.
  • Determination management team and organizational structure.
  • Construction financial models with sensitivity analysis.

Start-up valuation service description

We determined pre money & post money value of start-up LockSpot based on pre revenue start-up qualitative & quantitative valuation methods.

MARATHON RUN

start-up  mobile application –  Marathon Run founded in 2017 year.

 Marathon Run is an innovative fitness application, which  gives customers a financial reward in exchange for each covered kilometer.

Marathon Run offers similar features as offered other fitness mobile applications:

  • Hidden distance features.
  •  Burned calories features.
  •  Average speed tracking features.

The uniqueness of the Marathon Run mobile application lies in these two main features:

  • individual challenge.
  • Marathon Run – which allows users to earn money based on distance the cover.

Start-up valuation service description

We determined pre money & post money value of start-up MARATHON RUN     based on post revenue start-up qualitative & quantitative valuation methods.  

MARTIVI LOGIKA

MARTIVI LOGIKA is one of the most popular games in Georgia. It has around 700k downloads and it is the best result for Georgia. The game even has more downloads than “Candy Crush” in Georgia.

Start-up valuation service description

We determined pre money & post money value of game MARTIVI LOGIKA    based on post revenue start-up qualitative & quantitative valuation methods.  

METRO PRODUCTION

Metrolab is an innovative technology startup that aims to create a universal web platform by integrating artificial intelligence, which will create video lectures for people interested in various fields of the film and advertising industry, their fields of audio-visual arts and marketing.

Anyone interested in the platform will be able to watch a lecture written by a competent speaker on a topic of their choice after registering. Also, through the fixation of one’s own interests and the artificial intelligence algorithm, a unique lecture course tailored to it will be created.

Innovative technological startup Metrolab is initiated by the company Metro Production. Metro Production has been operating in the advertising market for 10 years, with many commercials, movies and music videos on its account. To date, it is already positioned in the world market and consists of a production team staffed by international standards. The company partners with the largest companies in Georgia and abroad, the list of projects made for the international market includes such brands as: S7, Toyota, Megafon, KFC, Ingostrakkh, Bonaqua, Baltika, Bonpar, Nike, Apple, Association of Diamonds and others.

Start-up valuation service description

We determined pre money & post money value of start-up METROLAB    based on post revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up METROLAB, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MODEFY WORLD

MODEFY WORLD is an innovative, blockchain technology-based platform, which creates the world’s first “trust zone” in order to conduct protected and guaranteed deals to protect customers from the fraud or low-quality service. It offers both retail and corporate clients to find all services in one space, where result is guaranteed with insurance policy, smart contract, DAO and DApps systems.

Start-up valuation service description

We determined pre money & post money value of start-up MODEFY WORLD    based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up MODEFY WORLD, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MOSTAT

“Alien Green” LTD, which produce -MOSTAT – Smart thermostat device founded in 13 July 2016. MOSTAT is a high-tech hardware product (WI-FI thermostat for individual heating system boilers).

MOSTAT offers following advantages as thermostat for users:

  • Natural gas consumption savings up to 39 %.
  • Remote control.
  • Usage reporting and results.
  • Simple installation.

In 2017 year MOSTAT won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up MOSTAT    based on post revenue start-up qualitative & quantitative valuation methods.  

Museum Of Recipes

Digital museum of the recipe is the first innovative start-up in the world, which planning to create a place for cuisine and food lovers, where they can create new dishes based on AI/ ML technology, create a customized recipes with customized species. create virtual masterclass using VR technology.

Digital museum of recipe will offer the following innovative revolutionize features:

  • AI / ML-powered recipe creation features – our innovative mobile application with AI / ML-powered algorithms allow each user to create their customized own recipe based different variables, such as their physical and social activity, likes, smell, and others.
  • VR enabled museums of a recipe – founders of digital museum of recipe founded first museums of a recipe in the world, where every cuisine interested person can attend on a masterclass. Where they can observe different recipes, purchase handmade spy recipe. Now our team planning to digitalize museum recipes and allows each user from each country to attend on the recipe of the museum using VR technology.
  • Customer tailored SPY RECIPE – every user of our innovative platform – SPY AI can create own species, which will be used their customed recipe.

Start-up valuation service description

We determined pre money & post money value of start-up Museum Of Receipe  based on pre revenue start-up qualitative & quantitative valuation methods.   

Start-up business development service description

We created business development plan of start-up Museum Of Receipes, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

NINIMO

NINIMO  has been actively appearing on the Georgian market since 2017. It is a Georgian handmade shoe brand, which is now the first vegan brand of Georgian shoes.

NINIMO is an innovative shoe startup that creates vegan shoes that do not use genuine leather and the basic materials of the shoes are tapestry, paper, natural wood, high quality polyester, artificial leather, wool, cotton, reef and canvas. Each of the “Ninimo” shoes is made by hand and no machine is used to create it.

Start-up valuation service description

We determined pre money & post money value of start-up NINIMO  based on pre revenue start-up qualitative & quantitative valuation methods. 

Start-up business development service description

We created business development plan of start-up METROLAB, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

RAVEN

First Georgian VTOL start-up RAVEN founded in 2019 year.

RAVEN proposes the development of innovative multifunctional VTOL (Vertical Takeoff and landing) manned/unmanned aerial vehicle.

The first prototype will be full electric, zero emission lightweight aerial vehicle which uses modern large brushless electric motors and propellers to produce thrust. It will also incorporate inflatable wing and obstacle avoidance system. Such aerial vehicle will be able to lift considerable amount of weight (100+) or one pilot. Both unmanned and piloted aircraft will have high maneuverability, good redundancy, high speed, long range, high safety and productivity. Every component of the proposed vehicle has already been extensively tested and represents off the shelf, proven technology which needs to be fine-tuned and integrated into a final product to achieve the effective and optimized low cost flight.

The goal of company is to design, develop and commercialize different modular autonomous aerial platforms for multiple purposes.

In 2019-year RAVEN won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up RAVEN  based on pre revenue start-up qualitative & quantitative valuation methods.   

SHOPPING ASSISTENT

shopping assistnet is advertsing platform for discounts.

Today offline stores while advertising their products digitally, expect 3 main .First result, customer will view their advertisement, second result customer will get interested the advertisement And if they are lucky enough customer will actually purchase their products, And if they are not lucky and customer didn’t purchase anything they still have to pay marketing fees which is terrible and we are here to fix that In addition to letting store pay per result, to increase efficiency we also send personalized offers to retails store customers based on their physical shopping history and give them option to send feedback to stores let them know what they actually need and expect from them.Basically this allows us to increase efficiency and relatively decrease marketing cost for retails companies.

Start-up business development service description

  • preparation FMCG market research
  • determination total addressable market – T.A.M
  • determination serviceable available market – S.A.M
  • determination serviceable obtainable market – S.O.M
  • preparation 5 year financial model

SPACE

Start-up – SPACE    founded in 2019 year.

SPACE is the innovative E- commerce start – up which will provide B2B & B2C E- commerce services to users making purchasing and selling various products based on cryptocurrencies. Founders of SPACE having ambitious plans to become first E-Commerce platform in the world, which will provide B2C&B2B clients making purchase and selling transaction based on cryptocurrencies.

Facebook Page –   https://www.facebook.com/Aladin-115581613223877/

Start-up valuation service description

We determined pre money & post money value of start-up SPACE based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business plan development service description

We created business development plan of start-up SPACE which includes:

  • Executive summary & mission statement.
  • Web & mobile application infrasturcture.
  • description unique product & services.
  • description innovation functions & features.
  • creation business model.
  • Go to market strategy.
  • marketing plan.
  • organizational structure.
  • E-comerce market analysis.
  • Cryptocurency market analysis.
  • determination total adressable market – T.A.M
  • determination servicable avaliable market – S.A.M
  • determination servicable obtainable market – S.O.M
  • Risk analysis.
  • SWOT analysis.
  • 5 year financial modelling.
  • ROI & IRR analysis.

SKY LAWYER

Start-up SKY LAWYER The Company was founded in 2018 by practicing lawyers – Tornike Revishvili and Archil Tsertsvadze.

SKY LAWYER is an innovative, tech-driven law firm offering high quality, distant legal services to air passengers in cases of flight disruption by the airlines, lost/delayed/damaged luggage and other types of passengers’ right violation.

Start-up valuation service description

We determined pre money & post money value of start-up SKY LAWYER  based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up SKY LAWYER for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

SOLIDARITY

Solidarity platform unites people or groups of people, who want to help those affected by circumstances caused by COVID-19 pandemic.

SOLIDARITY platform enables people in need to describe their situation and particular necessities to place this information on a platform through which different people, groups or organizations will be able identify them and provide assistance accordingly.

Start-up valuation service description

We determined pre money & post money value of start-up SOLIDARITY  based on pre revenue start-up qualitative & quantitative valuation methods. 

SPY RECEIPE

Spice pre-mixes for traditional food, packed in well-designed      Eco-friendly box, with recipes in 3 languages

SPY spices are a low-involvement product as the consumer does not need to think too much before purchasing. Their satisfaction level is measured depending on their reviews and feedback on social media.

In 2018-year SPY RECEIPE won GITA start-up matching grants with amount 100,000 GEL.

Facebook Page – https://www.facebook.com/Spyrecipe/

Start-up valuation service description

We determined pre money & post money value of start-up SPY RECEIPE   based on pre revenue start-up qualitative & quantitative valuation methods.   

STACK

First Georgian web browser start-up STACK founded in June 2018.

Stack is a next-generation INTERNET Launchpad that makes web application multitasking easier by allowing simultaneous use of multiple Apps within a clean and organized working environment and immersive split-screen view.

STACK plans to become first Georgian unicorn.  Start-up stack has following awards – TechCrunch Top Pick of Disrupt Berlin 2018, Y   Combinator Startup School Graduate – Class 2017.

In 2019-year STACK won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up STACK   based on pre revenue start-up qualitative & quantitative valuation methods.   

Based on INVESTO start-up valuation service STACK   raised its first institutional investment – 1 million euros.
After multiple rounds of a tough selection process, STACK got selected among the top 5 startups from 930+ to be accelerated by 360 lab Accelerator in Graz, Austria.

STYX

First Georgian logistic Start-Up  STYX  founded in 2016 .   STYX is a tech-enabled logistic  company that aims to make everyone who decides to move cargo worldwide become more effective. STYX provides a tool for carriers to boost efficiency – TMS and creates new standard of carrier deliver STYX standard to shippers via commission-based online marketplace (SAAS platform).

Start-Up STYX has following awards :

  • In 2016 year STYX won Start-Up Georgia Grants with amount 100,000 GEL.
  • In 2018 year STYX won GITA start-up matching grants with amount 100,000 GEL.
  • In 2018 year STACK won international start-up competition SeadStars.

Start-Up Valuation Service Description

  • We determined pre money & post money value of start-up STYX    based on pre revenue start-up qualitative & quantitative valuation methods.   
  • We helped start-up  STYX to construct investment offer at SERIES A investment round.

TENDERERO

Tenderero is an “On-Demand” marketplace for custom builds and bespoke fabrications that connects customers to the service providers like “Fiverr.com”. While “Fiverr” is built for digital services that can be supplied remotely, we focus on the physical production of the custom objects. Categories provided on Our platform includes a variety of Architectural, Design and Art services such as:  woodworks, steelworks, custom furniture, textile & leather, architectural fabrications, crafts & gifts, commercial signage, promotional builds, sculptural fabrications, art projects, etc.

Web Page – https://tenderero.com/

Start-Up Valuation Service Description

We determined pre money & post money value of start-up TENDERERO   based on pre revenue start-up qualitative & quantitative valuation methods. 

TENE

Start-Up TENE established in 2017 year.

Start-Up TENE is the first Georgian USB cable based on innovative, eco-friendly technologies. TENE will position the company in the global market and Ginventor will be the first company in Georgia to create eco-friendly USB cable based on eco-technologies, which is of utmost importance to the customers. Ginventor plans to start the cable production in Georgia, program it with innovative system providing for the safety and long life of the batteries (of the smarthphones and other gadgets charged by the cable), as well as to recycle and use recycled materials in the cable production and in doing so contribute to measures aimed at the protection of the environment.

Start-up business development service description

We created business development plan of start-up TENE for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 2-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 2-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of products and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

TRANSLATEWORLD

The translateworld is an innovative web and mobile application that connects interpreters and translation service users. TRANSLATEWORLD is an innovative platform that will be compatible with all technological devices that connect translators and those who want translation services. The concept of the SAAS platform involves the creation of a platform targeted at the retail and corporate segments.

Start-up valuation service description

We determined pre money & post money value of start-up TRAVEL GUIDE App based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created a business development plan of start-up TRANSLATEWORLD for 650,000 GITA matching grants which include:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 2-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 2-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

TRAVEL GUIDE

Start-up Travel Guide App founded in 2017 year.

The Travel Guide app aims to fill in an information gap for visitors to important landmarks. Travel Guide App’s specialized audio files provide accessible and informative content about historical sites, museums, points of interest, and featured tour routes. Travel Guide App’s content is easily accessed through a state-of-the-art interface and can be GPS enabled to provide alerts if user is near a featured site. The content includes information files in Georgian, English, and Russian, as well as audio recordings of local artists, poets, and vocal ensembles.

Start-up valuation service description

We determined pre money & post money value of start-up TRAVEL GUIDE App based on pre revenue start-up qualitative & quantitative valuation methods.

TRIPIFY.CO

Start-up Tripify. founded in 2018 year. Start-up tripify’s web and mobile application is innovative, cheap and comfortable way of trip planning and money & time estimation.

In 2018 year start-up Tripify won 3rd place in hospitality & travel industry international competition – Welcome Challenge , where received prize  10,000 GEL .

Start-up pitch deck presentation service description

We created pitch deck presentation of start-up TRIPIFY, which includes :

  • Problem determination for trip planning.
  • Competitive Advantages Analysis.
  • Market Research of trip planning and tourism sector.
  • T.A.M -Total addressable market size analysis.
  • S.A.M – serviceable available market analysis.
  • S.O.M – serviceable obtainable market analysis.
  • Construction business model.
  • Correlation analysis between internet users and international tourists.
  • Determination management team and organizational structure.
  • Construction financial models with sensitivity analysis.

Start-up valuation service description

We determined pre money & post money value of start-up TRIPIFY based on pre revenue start-up qualitative & quantitative valuation methods.

TTM GROUP

Start-up TTM – Total Traffic Management Group   founded in 2018 year.

With innovative technologies and solutions main goal of start-up TTM Group is to improve road safety in worldwide.  TTM Group produces   automatic speed limiter –  device, which automatically limit vehicle speed.

In 2019 year TTM GROUP   won GITA start-up matching grants with amount 100,000 GEL.

Start-up business development service description

We created business development plan of start-up TTM GROUP, which includes:

  • Analysis and audit 1-year project budget for GITA start-up matching grants.
  • Adjusting and analysis subcategories amount of 1-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 1 – year project budget
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.
  • Calculation break even points for 5-year projected period.

TWINI

Technology start-up Twini designs mobile data center in a tiny box which was founded in March 2017.

Twini is an effective alternative to small and medium sized data centers. Twini as a product includes in itself data center oriented full software and hardware stack. Unlike traditional data centers, Twini is designed using energy efficient and optimized hardware and software solutions. This approach guarantees product’s compactness, energy efficiency, quiet operation and easy administration. These benefits make Twini the best solution for small and medium business.

Start-up valuation service description

We determined pre money & post money value of start-up TWINI based on pre revenue start-up qualitative & quantitative valuation methods.

VREX Immersive Inc

VRex Immersive is among the first teams worldwide working on VR, especially in the travel and hospitality space. Since 2014 VRex have been perfecting our craft, knowledge and VR infrastructure. VRex Immersive has created numerous successful use cases of Virtual Reality for travel destinations. their customers and partners have traveled the world with our VR solutions and we have exhibited at the worlds biggest travel industry events.

Start-up valuation service description

We determined pre money & post money value of start-up VRex Immersive based on pre revenue start-up qualitative & quantitative valuation methods.

WEPARK

Start-up Wepark.ge founded in august 2017. Wepark.ge is mobile application, which provide innovative way to solve parking problem and earn money as driver in georgia. mobile app – Wepark.ge used by drivers to help each other easily find parking.

Wepark.ge, as a parking problem solving mobile application has following advantages:

  • Gives opportunity to drivers to easily secure parking at any locations.
  • Easily registration.
  • Secure parking.
  • Find on the map desired location for the parking.
  • Vacate and earn

Start-up valuation service description

We determined pre money & post money value of start-up Wepark.ge based on pre revenue start-up qualitative & quantitative valuation methods.

WOLT

 Helsinki-based technology company – WOLT, which helps his application users to discover and get great food in their city, entered in Georgian market in 2018 year.

  WOLT   is an online food ordering and delivery service provider company , which  takes orders via a mobile app.   WOLT provides a platform on which the User can purchase food products and delivery services from the Partner of his/her choice. WOLT also sells delivery services to Users. 

Start-up valuation service description

We determined pre money & post money value of start-up WOLT based on pre money start-up qualitative & quantitative valuation methods.

ZOOMNO

ZoomnO is Ukrainian based EdTech start-up. Online learning platform ZoomnO   is Web and mobile EdTech application ,which  empowers teachers to make learning fun.

ZoomnO  is Online learning platform based on :

  • Creativity.  
  • Noticing patterns.
  • Drive.
  • Interesting to “dig”.

ZoomnO offers  EdTech application for following customers groups :

  • Teachers – who are users and influencers of ZoomnO applications.
  • Children – who are users of ZoomnO applications.
  • Parents – who are users and buyers of application ZoomnO.

Start-up valuation service description

We determined the pre-money & post-money value of start-up ZOOMNO based on pre-money start-up qualitative & quantitative valuation methods.

SME’s

BALNEORESORT TSKALTUBO

Balneoresort Tskaltubo is famous for its unique radon-carbonate mineral springs and more than 100 years of history of serving people. Balneoresort provides a wide variety of medical, recovery and relaxation procedures, such as: Mineral water baths, hydro- and hand- massage, under-water spine stretch, body mud-masks, electrotherapy procedures, hydrotherapy.

SME’s Valuation Service Description

we determined Enterprise Value ( EV ) of BALNEORESORT TSKALTUBO based on following valuation methods :

  • DCF – Discounted Cash Flow Method
  • Comparable Companies Analysis Method
  • Precedent Transactions Analysis Method

SME’s Business Development Service Description

  • 5-year financial plan projection with sensitivity analysis.
  • Planning   new attractive services to increase visitors  quantity .
  • 5-year infrastructural development plan.
  • Investment plan to increase quality of bathroom of resorts to compete European balneoresorts
  • Planning diversified packets for individual and corporate visitors.

BELLA ROSSA

Home textile sewing factory – BELLA ROSSA founded in 2 august 2018.  Sewing factory – BELLA ROSSA plan to import home textile raw materials from turkey and produce, package and sale in georgia, Europe and Russia family bed sheet set.

In September 2018 bella rossa raised debt financing with amount 400,000 GEL from financial institution based on our business plan development service.

SME’s Business Development Service Description

We created     business development plan of BELLA ROSSA, which includes:

  • Market research of home textile industry.
  • Research and analysis main players of the industry.
  • Determine investment amount, which required for launch sewing factory.
  • Research export and import of home textile industry.
  • Financial projection with sensitivity analysis.
  • Determine price and quantity of family bed sheet set products.
  • Determine allocation % of satin and cotton product from total selling quantity family bed sheet set for increasing gross margin.
  • SWOT Analysis
  • Risk factors analysis

GlobalCell

“Global Cell” is a Georgian company, which sells international SIM-cards connected in the world network with European, Georgian, UK, US numbers and free incoming calls in roaming.

GlobalCell is a new Georgian mobile operator authorized by Georgian National Communications Commission, with mobile index +995 559 (MCC/MNC – 282/07).

“GlobalCell” customers are given an unique opportunity to receive free incoming calls in roaming in up to 160 countries around the world and use the best quality in more than 200 countries. Refined and constantly innovative mobile services, special discounts and promoting, all the approved method of filling deposit, profitable offers for special individuals, 24 hour hot line and live chat – It is the standard of “GlobalCell”.

Company Valuation service description

We determined enterprise value & equity value of GlobalCell based on DCF – Discounted Cash Flow valuation method.  

GORGE GROUP

International company GORGE GROUP represent the construction & remount service provider company, which founded in 24 October 2018 year in Poland and established subsidiary company in Germany in 3 June 2019 year.

GORGE GROUP provide innovative, high quality construction & remounts service at low prices to retail and corporate clients in Poland and Germany.

one of the sucessfull contracts aquired by GORGE GROUP was 6 month service to NESHAT GmbH – largest germian developer company – https://www.neshati.de/

SME’s Business plan Development Service Description

We created business development plan for SME – GORGE GROUP , which includes

  • Executive summary & mission statement of the company
  • identification short & long term development strategies
  • Company background
  • main factors of success
  • ownership structure
  • management team
  • current & future organizational structure
  • economic overview of Germany
  • construction sector analysis of Germany
  • identification competitive advantages of company
  • Determination of total addressable market
  • SWOT analysis
  • Risk analysis
  • marketing plan development
  • construction 5 year horizon financial model
  • profitability analysis

International Business Forum – IBF

International business forum –  IBF   was established in 2015. International Business Forum – IBF are the only company in Georgia, which deals with the arrangements of international forums, master classes, conferences and events.

IBF has following successful  international project in his portfolio :

  • Brian Tracy in Tbilisi – Sales and Leadership.
  •  David Allen in Tbilisi – Getting Things Done.
  •  International Business Forum Batumi – Leaders Worth Following.

Company valuation service description

We determined enterprise value & equity value of International Business Forum – IBF based on DCF – Discounted Cash Flow valuation methods.

PHARMGEORGIA

PHARMGEORGIA plans to construct   middle scaled pharmaceutical factory  equipped with GMP standard equipment and technological facility.

Phramgeorgia plan to  produce and sale for wholesale markets  infusion / sterile solutions.  

PHARMGEORGIA  will provide primary and secondary packaging and  sale for wholesale  market following infusion / sterile solutions :  

  • Natrium chloride  0.9 %  250 and 500 ml .
  • Glucose 3 % 250-500 ml.
  • Ringer 500 ml.
  • Ringer lactate 500 ml.
  •  Metronidazole 0.5 % 100 ml.
  • Levofloxacin 0.5 % 100 ml .
  • Amino carbon acid  0..5 % 100 ml.
  • Mannitol 10 % 500 ml.
  • Moxifloxacin  10 # 250 ml .
  • Paracetamol 1 % 100 ml.

SME’s Business plan Development Service Description

We   created   business  development plan  of PHARMGEORGIA  to raise 10 million GEL investments from pharmaceutical sector  strategic investors .

Business development plan includes :

  • Market research of pharmaceutical sector.
  • Planning   pharmaceutical products selling prices and quantity for wholesale market. 
  • Planning investment amount need to construct pharmaceutical factory. 
  • Financial  modeling with sensitivity analysis.
  • Investor agreement and  equity stake  allocation.
  • IRR and Cash On Cash multiple analysis for investors.

SME’s Valuation Service Description

we determined Enterprise Value ( EV ) of PHARMGEORGIA based on following valuation methods :

  • DCF – Discounted Cash Flow Method
  • Comparable Companies Analysis Method
  • Precedent Transactions Analysis Method

Rustavi Steel Corporation Co

Armature producer and reseller Rustavi Steel Corporation Co founded in 05 may 2014.  Rustavi Steel Corporation Co’s factory located in gardabani – village altaklia. Rustavi Steel Corporation Co produces and resales armature rods in retail and wholesale markets.  

business development service description  

We created business development plan of Rustavi Steel Corporation Co, which includes:

  • Market research of armature sector.  
  • Research and analysis main players of the industry.
  • Determine investment amount, which required to build warehouse and administrative office.
  • Research export and import of armature sector.  
  • Financial projection with sensitivity analysis of armature and wire rods business.
  • Armature and wire rods production allocation % to increase profit margins.
  • Cost benefit analysis for purchase land plot area for warehouses and administrative office.