Photo - EcoBox
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EcoBox

We provide security in daily life of people and companies

Russia, Moscow city
Market: Medicine, Production, Robotics, Gadgets
Stage of the project: Operating business

Date of last change: 17.06.2021
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Idea

EcoBox is a technology company that develops and manufactures personal and industrial devices to protect health from viruses and bacteria.
Our products and devices are designed to disinfect, sterilize things, surfaces, air and solve the problem of ensuring safety in the daily life of people, the safety of employees and customers, maintaining healthcare in the company and increasing customer loyalty.

Current Status

The company's revenue for 2020 (7 months of operation and 1 released device) amounted to 90000$.
Now the company has 9 developments, 2 of which are industrial devices.
Excluding negotiations and potential contracts, revenues per month up to $9-12K
Our partners are: VTB, SBER, Megafon, YOTA, RosHimDefence, Komus, etc.
We sold more than 5000 units of devices.
We are now operating in Russia, Kazahstan, UAE, Qatar, Belarus.
Now aiming to enter USA, EU and India markets.

Market


The market for disinfection and sterilization devices and products in Russia grew by 300% in past years with forecasts of continued growth and amounted to $367 million. The volume of this market in Russia and the CIS for 2020 amounted to about $560 million. We aim to get 10% share of the market by 2023.
According to experts, the global market was estimated at $7.1 billion in 2019 and is expected to reach $9.9 billion by 2024. (Data were obtained before the COVID-19 pandemic)

Problem or Opportunity

Our products and devices are designed to disinfect, sterilize things, surfaces, air and solve the problem of ensuring safety in the daily life of people and companies, the safety of employees and customers, maintaining healthcare in the company and increasing customer loyalty. Our products address the proliferation of microbes, bacteria, viruses and help reduce health risks.

Solution (product or service)

We have developed 9 devices to address health risk reduction. We use these devices in banking, product delivery, urban transport and most new and established business models.
We sell our solutions to private customers in B2C and devices for corporate and government companies.
Our uniqueness: An integrated and customized approach to the development and design of devices, their shape, application and their functionality - based on proven UV irradiation technologies and a set of different sensors for process control.

Competitors

US и Hong Kong:
Phone Soap: market pioneers, but almost do not develop the product line, went into the B2C segment with 1 device constantly upgrading it and into the B2B/G segment offering 1 device for sterilizing air and 1 device max sizz for sterilizing things. They are growing revenue, now in the USA and Canada, but also enter new markets.
Aurabeat Technology International Limited: TMT Investments disclosed information on investments made in the first half of 2021, the fund invested $1 million in a project from Hong Kong Aurabeat Technology International Limited. This is a manufacturer of air purifiers, which according to the company destroy viruses and bacteria.
The company is still developing only in Hong Kong, but already there it has connected 200 + hospitals and is now connecting schools and restaurants to partners.

Advantages or differentiators

Why we are better:
We started getting patents for our development on several devices.
Efficacy proven by laboratory tests and medical research.
Our devices are multifunctional and applicable in most areas of business.
Continuous development work and new solutions.
The only competitors are developing industrial solutions for integrated health protection against microbes and viruses.
They focus on the constant replenishment of the model range.
We work with all market segments. (B2C, B2B, B2G, B2B2C)
Wide choice of product line.
Solutions are cheaper and more flexible pricing.

Finance

We have our financial model with all information and dashboard availible on this link: https://disk.yandex.ru/d/fvGQh1yXm5sgSA

Business model

We design, manufacture and test devices for comprehensive health and healthcare solutions for employees and customers.
We sell our devices directly to customers and companies and rent them out. We sell through the site, retail, distribution networks and contracts for the supply of devices.
B2C: Private clients, families with children, people who monitor the health of themselves and their loved ones B2B: Companies with direct contact with clients, services, enerprises, mostly all types of businesses B2G: State organizations, transport of the city, etc.

Money will be spent on

Goals:
Scale company and grow your sales.
Entering the markets of USA, Europe, India and Israel.
Development of the B2B/G range of devices.
Final development in the field of robotics.
Strengthening positions in the market of Russia and the CIS.

Offer for investor

We are offering 15-20% of shares in equity of our company for our second investment round of $200.000

Team or Management

Incubation/Acceleration programs accomplishment

Several accelerators have passed, including Sber500 Startups. Participated in the pitch sessions Reconnaissance Fight and pitch sessions Technopark Skolkovo. Now applied to several US accelerators.
We are 1 of best 30 startups in 2021 by EMERGE CONFERENCE 2021.

Won the competition and other awards

Finalistis of RusBase Young Awards 2021.
Finalists of Emerge Conference awards.
Confirmed efficiency by National Epidimiology Institute of Gamaleya.

Invention/Patent

Now we are pending patents on several our developments in B2C and B2B markets.

Photos

Photo 1 - We provide security in daily life of people and companies
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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
Presentation