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Mobodexter

Mobodexter
Short Description
Our backend software platform makes it easy to launch any IoT company. "Mobodexter makes it simple for Internet of Things companies to build and launch. We handle all the complicated backend software matters so teams can focus on their beautiful products. Just like Amazon Web Services supports millions of websites, Mobodexter will be the out-of-the-box foundation that powers the entire IoT industry. Eventually every smart lightbulb, thermostat, bluetooth and wifi device will rest on our Paasmer software. Mobodexter is the foundation of a connected future that’s only just begun. " https://www.sec.gov/Archives/edgar/data/1681287/000168128717000009/mobodexter1_amarch16.htm
  • Deal Description
  • Financials
  • Industry And marketing Analysis
  • Executive Team
  • Instructions

Deal Description

Mobodexter is on a mission to provide smart solutions that may enable a secure environment and ease of life for every human. We are driven by our vision of creating a technologically smart and secure Universe.



Our Ambition

Nest and Sonos were the tip of the iceberg — connected devices or Internet of Things has emerged as the next frontier of technology to make our lives better by seamlessly connecting humans to our environment. Our platform is ready - we’ve already partnered with Amazon for robust cloud storage and Intel, Qualcomm, Advantech and Microsoft to simplify IoT hardware. This industry is about to explode and Mobodexter will be the backend software that powers an entire connected hardware revolution.


Key Facts


  • Recently signed 2 multi-year deals of $2.5 MM with Enterprise clients in Connected Home and Engine Manufacturing space.
  • Our Platform's unique innovations are in IoT Edge with Analytics, Machine Learning & AI; IoT Security with TOR & Blockchain
  • Advisory Partner : Gartner; Platform Partners include: Amazon, Intel, Qualcomm, and Microsoft.
  • Around 10 innovative and secure IoT products being built on our platform to launch in 2017.



Mobodexter makes it simple for Internet of Things companies to build and launch. We handle all the complicated backend software so teams can focus on beautiful products. Just like Amazon Web Services supports millions of websites, Mobodexter will be the out-of-the-box foundation that powers the entire IoT industry. Eventually every smart lightbulb, thermostat, Bluetooth and Wi-Fi device will rest on our Paasmer software. Mobodexter is the foundation of a connected future that’s only just begun.


Don't make the mistake of underestimating the Internet of Things and it’s radical effect on business. Companies like UPS, Boeing, GM and Starbucks (to name a few) are all embracing IoT. Yet the current strategy to build backend IoT software in house stifles innovation and costs companies huge profits in the long run. They need an end-to-end solution to make it simple to launch new products without the headache of complicated backend systems. 

The MoboDexter team has developed the flexible and versatile software that ties it all together and makes it simple for companies to focus on real innovation and not just the costly foundational infrastructure. 

In the long term, PAASMER’s goal is to enable Artificial intelligence so that Things can act with their own intelligence in the best interest of the user. MoboDexter has arrived at the perfect time just when the IoT industry is about to hit exponential growth. This is an incredible value proposition and opportunity for their investors.




Dilraj Ghumman

Investor in MoboDexter and Serial Angel with 38 investments - Investing This Round 


THE BUZZ ABOUT MOBODEXTER 

I did my due diligence on this platform and came to a decision to invest because of the fact that the IoT industry will make huge impact. Just look at the partners that will be involved with this platform, this convinced me to invest in this venture. Also the fact that the two founders also worked at Intel for many years made it even more enticing to get involved. I have faith in this venture to succeed. May god bless this venture.  - John Aguilar, Investor


I had interest in finding out and investing in IOT companies. I have invested in a few public IOT companies and was looking for a startup to invest in. Mobodexter seemed to fit the bill. I think the future is bright for IOT companies at least the most disruptive and innovative. It is only a matter of time before the public catches on. Terry Meyer, Investor


PAASMER Allows Business to Launch their IoT Products

Our partnership with hardware vendors allow the clients to choose the right hardware for their IOT product and our ready-to-use, easy-to-deploy software for various components like IOT Gateway, Connection software, Mobiles applications, Cloud and Analytics gives the flexibility to launch an IOT product within months. We can enable an IOT solution at the fastest time of one month from conception to launch. 


The Problem

  • Most IoT Platforms in the market are Cloud or Enterprise based platform architectures which allows Things to connect and leverage the cloud. 
  • Businesses have to figure out a way to design their edge side of the architecture by working with System Integrators.
  • They need to build the IoT skill, identify various partners for implementing IoT solutions.
  • Results in complex, costly and time consuming efforts for enterprises looking to build TTM Iot solutions.


The Solution

  • PAASMER is a true IoT platform and aims to be a single stop for customers looking to build IoT solutions.
  • Our software manages the edge components with an edge centered self sufficient solution.
  • PAASMER provides lots of build-in components for faster TTM solution.
  • We provide Edge Side Analytics and seamless integration to any cloud of clients choice.


We're Growing Fast


"PAASMER fills an important gap existing in the market today and that is to protect existing cloud investments of enterprises to implement their IoT solution. That is a good niche for the platform to target. Enterprises are going to like it." 
- Benoit J. Lheureux, Iot Research VP at Gartner



$22,000 monthly recurring revenue so far

6 enterprise customers so far (such as Intel)

100% customer acquisition growth quarter over quarter






Our Partners are Industry Leaders

"I like the extreme flexibility and affordability claim of the platform as I can see them reflected in the way the platform is architected and priced to scale for our unique business needs."

 - Tushar, CEO of SmartifyHealth


Our Features

Fastest Time-to-Market

PAASMER allows clients to launch an IoT product in a short time, as all the components required for the end-to-end solution are prebuilt and ready-to-use. 

Affordability

We offer the entire solution at an extremely affordable price with flexibility on picking the components needed by customers for their solution. 

Wide-Range of Components

We provide a rich array of components ranging from compatible hardware, communication protocols, analytics cloud and value-added services. 

Extreme Flexibility

Clients have the flexibility to not remain locked into any of their choices by having software layers that transition smoothly. We also can accommodate existing client platforms. 

Analyze

Analyse the data using powerful intelligence on gateway or cloud using automated machine learning tools for immediate insights and actions. 

PAASMER Powered Products

A Smart Power solution for the Smart Home that control and manages power of all connected devices.

A Voice based services order and control platform that can integrate into all essentials services in a smart city.

A GPS-Based Smart Parking solution that helps identifying free parking slots in a smart city.

A remote generator monitoring solution that helps to manage the generators efficiently and effectively. 

A health-care solution that helps in managing patients vitals and hospital lab equipment in efficient and effective way.

A retail solution that guides consumers to best offers in a mall and shop owners to push offers based on consumer interest. 



raised $226,216 from 20 investors  


TIMELINE

What We've Achieved So Far

November 2013 

Inception of Mobodexter in USA and India with HQ in NY

December 2013 

Signed up Intel & Sandisk as Clients for P.E.S.

March 2014 

Achieved Profitability from Revenue & Started IOT R&D. 

December 2014 

Completed Architecture for IOT Solution

October 2015 

Signed up Intel, Advantech & Qualcomm as Hardware Partners.

December 2015 

Software Achieved Beta and Platform Pre-Launched

January 2016 

Started Onboarding Clients on Paasmer

March 2016 

Paasmer Launch Solution Demo Done in Iotasia 2016

April 2016 

Paasmer Recieves International Media Coverage







Financials



Consolidated Statements of Cash Flows (in USD)



Industry And marketing Analysis

Target Markets: Our target market includes SMB Enterprises that are planning to implement IoT projects. We so far have found clients within connected home, healthcare, M2M and retail industries.

Industry Overview: Data from our advisor, Gartner Inc, states that the IoT Platform market is expected to touch 900 Million USD in 2016 and is expected to double in 2017.

Our main competitors include the following:
Ayla Networks: PAASMER differs from Ayla because it is a platform that is much more flexible to integrate and is efficient in helping clients for a faster Time To Market. Ayla is more focused in enabling ODMs while PAASMER is focused on four major verticals such as Connected Home, HealthCare, M2M and Retail.
Machineshop: PAASMER differs from Machineshop as it provides a complete operating system bundled with all libraries for clients to easily integrate. Machineshop provides only the libraries required. Therefore,the time to take to integrate an IoT solution is lower in PAASMER.



Executive Team


Meet the Founders  

CoFounded by Ex-Intel Veterans 


Chandramouli Srinivasan 

Co Founder & CEO & President

Mouli  is  a  Co-Founder  of  MoboDexter  and  an  Ex-Intel  and  Ex-HP veteran. Mouli has overall industry experience of 17+  years in product engineering  in  HP  &  Intel.  He  is  a  technology  innovator  and  holds multiple  U.S.  patents/Research  publications  to  his  credit.  Prior  to MoboDexter,  he  held  a  position  in  Intel  as  an  Engineering  Manager, and  has  built  new  teams  from  scratch  and  lead  them  to  deliver numerous complex product & transitions on record TTM goals. Mouli has  won  many  top  performance  accolades  and  awards  in  his career  at HP & Intel. He is leading MOBODEXTER as the CEO since founding the  company  and  one  of  his  key  accomplishments  is  the  fact  that  he lead the company to generate revenue within 3 months of operation. He has led the company to consistant revenue growth and at the same time has  pivoted  into  IoT  products/platforms  from  being  mobile  apps  and product engineering service providers.  A few of the top innovations in 

Mobodexter  such  as  IoT  on  ToR  and  IoT  on  BlockChain  are  Mouli'sbrainchildren.  Mouli  holds  a  Bachelor  of  Engineering  Degree  in  Electronics  & Communication from one of top Engineering Colleges in India and also holds PMP & SCRUM  certifications.  He is  viewed  by the industry as one of the top IoT leaders and Influencers on social media with a very strong  entrepreneurial  acumen.    He  is  also  an  active  member  of Leadership  Excellence  at  the  Harvard  Square  &  Project  Management Institute.  




Kavitha Gopalan 

Co-Founder & CMO

Kavitha  is  the  second  Co-Founder  of  MoboDexter  and  is  an Ex-Intel veteran.  Kavitha  has an  overall  industry  experience  of  16+  years  in technical  marketing  and  application  engineering.  She  is  specialized  in hardware  design  and  has  contributed to  multiple  designs.   Prior  to MoboDexter, she held a position in Intel as a Program Manager and has lead the  hardware design initiatives on Core, Atom & Xeon platforms for Intel OEM & ODM partners that includes Samsung, Toshiba & LG. Kavitha  has  won  many  top  performance  awards  from  managing  some of  the  toughest  OEMs  in  Intel.  She  is  leading  MOBODEXTER as a CMO   and   has   been   instrumental   in   building   sales   &   marketing initiatives, building partners and client relationships. She is also one of the  top  content  creators in  the  IoT  space  and  has  written  a  lot  of technology and business content on IoT for many digital magazines. A few  of  the  top  innovations in  Mobodexter  such  as  HiveyPie and Edge Computing are Kavitha's brainchildren.  Kavitha  holds  a  Bachelor  of  Engineering  Degree in  Electronics  & Communications from  one  of  top  Engineering  Colleges  in  India.  She also  holds  a  Master  of  Science  in  Computer  Science  from  Manipal University. She is viewed by the industry as a strategic leader with very strong  thought  leadership  skills  in  the  partner  and  client  management side.  She  is  also  an  active  member  of  many  worldwide   Women Entrepreneurship forums. 



Payment and Investing Instructions

How to Invest




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Please wire your investment amount you signed for to banking the banking info we shall provide by email post submission.



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$16,557
0.42 % out of 3,900,000
Type of Security
Common Shares
Minimum Investment
1000
Website
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