technology’s in the air may 15, 2018...haystackmagic pitch and summary mar29 2017.pptx $400k –...
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HaystackMagic Pitch and Summary Mar29 2017.pptx
Technology’s In The Air
May 15, 2018
HaystackMagic Pitch and Summary Mar29 2017.pptx
What do all these have in common?
They go missing!
HaystackMagic Pitch and Summary Mar29 2017.pptx
What if, when boarding a plane-full of people with phones…
…we can make them trackEnterprise Assets…
…while helping themtrack Personal Items
HaystackMagic Pitch and Summary Mar29 2017.pptx
Cheap Commodity Hardware
Proprietary Algorithm
Standard BLE Beacons (from $1 on Alibaba)
Smartphones
To map all workplace locations and items relative to each other
HaystackMagic Pitch and Summary Mar29 2017.pptx
Proprietary Algorithms
HaystackMagic Pitch and Summary Mar29 2017.pptx
Location Anchor Beacons
Item Tag Beacons
Phones
HaystackMagic Pitch and Summary Mar29 2017.pptx
Customer Trial
7Haystack Magic Inc. Proprietary and Confidential © 2018
• Shared item location in the shared workplace• Where is the multimeter?• What types of multimeters are there?• Who used a multimeter last?• Where is the multimeter accessories box?
• Personal item location in the workplace and other places
• Did I leave my laptop charger in one of the meeting rooms?• I am leaving home for a meeting, and my laptop charger is
not in my bag – need to find it now!• Taxi is driving away with my laptop charger in the car
HaystackMagic Pitch and Summary Mar29 2017.pptx
BLE RFID
8Haystack Magic Inc. Proprietary and Confidential © 2018
BLE RFID
Tag $1 $0.10
Reader $0 $1200
Cost incl. 200 tags $200 $1220
• Specialized H/W, custom S/W
• It does not scale well, esp. down
• Specialized for verticals
• Not supported by phones
• Mass-market commodity tech
• Scales well down and up
• Works across verticals
• Same h/w for business and consumer use
vs.
Competition
HaystackMagic Pitch and Summary Mar29 2017.pptx
To map the world of things and
make the information about them
universally useful
Mission
HaystackMagic Pitch and Summary Mar29 2017.pptx
“Global Beacons Technology Market Anticipated to Reach $56.55B by 2026”
-BIS Research, Nov 2017
HaystackMagic Pitch and Summary Mar29 2017.pptx
• $0.50 / Beacon / Month to enterprise
• 3 free tags to employees
• Network Effect via optional family pack
HaystackMagic Pitch and Summary Mar29 2017.pptx
Serial Entrepreneur - CloudLink (EMC)- Thintropy- Solidum (IDT)
Misha NossikCEO
Dima SotnikovChief Scientist
Researcher- Google- IBM
Alex EfrosVP R&D
R&D LeaderEntrepreneur - EfCom- MAFAT
Startup Executive- Inuitive- Applied Materials- Kenshoo- Mantis Vision- TI
Gur DrorSVP Biz Dev
HaystackMagic Pitch and Summary Mar29 2017.pptx
Born
Feb2017
Apr2017
AngelRound$245K
Jun2017
PoC
Jan2018
CESDemo
Apr2018
1st
Customertrial
Jun2018
SeedRound$2M
Dec2018
Pilot
Jun2019
Launch
HaystackMagic Pitch and Summary Mar29 2017.pptx
$400K – trials $2M – market launch
HaystackMagic Pitch and Summary Mar29 2017.pptx
[email protected] www.haystackmagic.com +1.613.276.7005054.931.8449