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Phonet LLC

Business Telecom-Services

Ukraine, Kyiv city
Market: Internet and IT, Telecommunications, Mobile applications
Stage of the project: Operating business

Date of last change: 30.07.2020
Min investment
$  100.000
Show contacts
Total required
$ 600.000
Rating
equalizer из 1000
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Idea

Implementation of IT-solutions in Business Telecom.

Phonet Telecom-Services includes:
• Virtual PBX (& WhiteLabel for Telecom Operators)
• IP PBX on-premise
• Call-Tracking (Static, Dynamic, Combi)
• Callback for site CallCatcher
• TelerCRM & integrations with CRM
• FMC (mobiles in business telephony)
• PhonetMobile App (Android)
• CallCenter (module)

Current Status

We have working product.
Among our clients well-known international companies (Ukrainian branches) such as Pandora, TUI, Karcher, Heel, Herz.
• 1.1K+ paying accounts

Market

Market Size:
• TAM (Total Addressable Market) = $ 4.73B (CAGR = 14,9%)
• SAM (Served/Serviceable Available Market) = $ 11.5M (2019) » $ 23.2M (2024)
• SOM (Serviceable & Obtainable Market) = $ 400K (2019) » $ 7.2M (2024)

Problem or Opportunity

• High cost and complexity of organizing telephony for companies (CRM integrations)
• Lack of strong & motivated IT-departments in telecom operators structure
• Complexity of remote work organizing

Solution (product or service)

• Subscription work (SaaS) with monthly fee
• Installing, support & updates are included
• Revenue sharing & White Label for operators

Competitors

In Ukraine:
• Binotel
• Streamtelecom

Advantages or differentiators

• Experience thanks to an “early start”
• Unique software solution
• High expertise

Finance

• $ 35+ ARPU per month now
• $ 500K+ total revenue in 2019

Business model

SaaS with monthly fee.
• PPC
• SEO
• Referrals
• Partners
• Events

Money will be spent on

• Investments are needed for additional specialists, equipment, promo and entering the markets of other countries
• 17+ fold increase in total revenue over 5 yrs

Offer for investor

Part of the company and revenue sharing.

Risks

Lack of funding, IT-project requires a resource

Incubation/Acceleration programs accomplishment

Did not take part

Won the competition and other awards

3'rd place in Battle of Projects #173 by Startup.Network

Invention/Patent

Ukrpatent Trademark Certificate #260495, 25.06.2019

Photos

Photo 1 - Business Telecom-Services <For Remote Work>
Photo 2 - Business Telecom-Services <For Remote Work>

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video