Short Story
Founders & Management Team:
Robert Taylor (CEO), an IT expert with 15 years of experience in data security and cloud computing, and Rachel Moore (CTO), a specialist in server infrastructure, lead the project. The team includes cybersecurity specialists and IT consultants.
History of Past Funding Requests:
In 2021, the founders raised €150,000 in early-stage funding. This was used for server purchases (€100,000) and cybersecurity measures (€50,000) to build the foundation of the platform.
Business Case:
As businesses increasingly transition from paper to digital records, the need for secure and scalable e-archiving solutions grows. Our platform provides reliable, encrypted data storage for businesses in highly regulated industries. The global cloud storage market is projected to grow to €200 billion by 2025.
E-Archiving and Data Hosting Online
Story
Founders & Management Team:
Robert Taylor (CEO), an IT expert with 15 years of experience in data security and cloud computing, and Rachel Moore (CTO), a specialist in server infrastructure, lead the project. The team includes cybersecurity specialists and IT consultants.
History of Past Funding Requests:
In 2021, the founders raised €150,000 in early-stage funding. This was used for server purchases (€100,000) and cybersecurity measures (€50,000) to build the foundation of the platform.
Business Case:
As businesses increasingly transition from paper to digital records, the need for secure and scalable e-archiving solutions grows. Our platform provides reliable, encrypted data storage for businesses in highly regulated industries. The global cloud storage market is projected to grow to €200 billion by 2025.
Shareholding Structure:
The founders hold 70% of the company (Robert: 40%, Rachel: 30%), with early investors holding 30%.
Marketing Strategy:
We will target businesses in healthcare, legal, and financial industries that need secure, long-term data archiving solutions. A B2B digital marketing campaign, combined with industry event participation, will be our primary acquisition strategy.
Risk Mitigation:
Cybersecurity threats are a key risk. We mitigate this by investing heavily in the latest cybersecurity technologies and maintaining compliance with data protection laws, such as GDPR.
Social Impact:
By offering secure, cloud-based storage, we reduce the need for paper records, contributing to environmental sustainability while also improving business efficiency.
Type of Investment Needed:
Equity investment to expand storage capacity and security measures.
Funding Amount Required:
€300,000
Use of Funds:
- Server infrastructure upgrades: €120,000
- Cybersecurity enhancements: €60,000
- Marketing and client acquisition: €50,000
- Compliance certifications: €40,000
- Operating costs: €30,000
Expected ROI:
25-30%, driven by increasing demand for secure, cloud-based archiving solutions.
Payback Period:
3 years, with profitability expected in year one.
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