Information Technology Start Up Looking For Equity Partner
Posted by: Thomas Slaney on 7/15/2016 5:12:20 PM
Funding Needed:
Above $1mil
Information Technology (IT)
Location :
San Antonio, USA
Viewed : 820 times
Favorited : 0 times
Our company provides a powerful solution to address the need for lowering the continued cost of oil and gas well ownership while still meeting existing and increasing onsite inspection requirements with its patent pending technology.

We are an information technology services company focused on collecting data and developing software applications based on that data for the oil and gas energy sector which will improve oil field efficiency resulting in significant production cost reductions and decreased well downtime.

We are developing Unmanned Aerial Vehicle (UAV) and cloud-based software solutions which combine all available data, processes it in such a way to make it useful, and displays the results on a comprehensive dashboard display, Android or iOS....a unique development not currently available. Having more intelligent and actionable information can reduce well monitoring cost by an average of 40%, reduce well downtime and increase safety.

We are seeking an investor(s) to provide $2,000,000 of seed capital for the purpose of developing a “proof of concept” functioning prototype of the patent pending technology in the field. The investment will be used to move the technology from a concept, to a fully functioning and marketable service and to initiate an aggressive sales and marketing campaign.

Our 5 year financial projection indicates a return of investor capital equal to 2.5 times the initial investment.
You must be a member to respond to this post. If you are a member , please login to respond.