Problem

For Utility Providers “Electricity, Water, Gas and BTU”, they are suffering from
traditional systems, Conventionally, meter readers must physically visit and read
- Key Exec, Position meters every month OR using card meters. As a result, data in Manual meter
- Key Exec, Position reading:
- Key Exec, Position 1. lacks the accuracy 2. isn’t real time 3. Electricity theft cannot be prevented
4. no energy management process 5. There is no unified platform for utility
Amjaad Technology management 6. All DSO required unified systems 7. End-users suffer from high
bills and looking for any monitoring app that help them analyzing their usage.
for Smart metering &
Community solutions Solution: ” ioMeter”
ioMeter is a unified platform for managing all utilities (electricity, water, gas,
BTU) meters with a bush of button. It helps utility provider making full energy
Contact name: Hussein Darwish management and export accurate bills as (Post & Pre) paid, moreover a mobile app
Mobile: +20 10 130 30 126 for end-users that enables them monitoring consumption and paying their bills
Address: Villa 15, 276 ST. New Maadi, easily through (visa, mada, master, Fawry, etc.). ioMeter installed in more than 63
Cairo, Egypt projects in Egypt, UAE and KSA and has a great impact on thousands of people.
E-mail: hussein@[Link]
Market
URL: [Link] Smart meters' market is a very huge and accelerated market, for example:
[Link] Egypt, there are more than 60M Elec/Water meters.
Fund History: [Link] KSA, there are more than 25M Elec/Water meters.
Funded $40K by incubator in Sep. 2016 [Link] all MENA Region, there are more than 270M Elec/Water meters.
Funded $50K by self-finance in Jan. 2017 4. All New Smart cities now are seeking for unified platforms for managing all
Raised $60K by Family in Oct. 2017 sensors in the city.
Raised $200K by angel investor in 2020
Competitive Landscape
• Unique and unified platform for managing all utilities (electricity, water, Gas &
Funding expectations.
BTU), Integrated with different vendors “Meters’ Manufacturers”
Pre-Series A Round: $ 5M • Unified Mobile app for end-users to manage all utilities (Elec, Water, Gas, BTU)
• Defensible IP, strong R&D team, combining +90 years exp.
• Unique Solution in all MENA region, as we are a platform provider but other
Revenue Forecast:
competitors are HW providers like (Iskra emeco, Elsewedy, Global)
- 2025: 600M EGP ➢ Target customers: All utilities providers & Compounds & Smart cities
- 2026: 850M EGP •
- 2027: 1B EGP Business Model
Positive Cash Flow since 2018 Revenue streams For (ioMeter system):
• Selling HW of smart meter (Electric/Water meter + ioMeter GC/DCU) to utility
Solution Defensibility: provider, Realstates developers, governmental sector and solar energy providers
• Subscription for the platform ($21: $35) annually per meter (SaaS) model
• Defensible IP & Domain Expertise
• HW Maintenance contracts
• Unified platform for electricity, water
gas and BTU smart meters • Ads on Mobile app, “ioMeter community app”
• independent of meters’ manufacturers • Community Platform for FM management in compounds & Malls, (SaaS) model
• exclusive agency for Elec, water, gas and Management Team
BTU smart meters from the biggest • Hussein Darwish, founder and CEO
manufacturers in the world, in Egypt, (Electrical engineer, MBA, PMP, Ai certificates, +9 years Exp)
KSA and UAE.
• Ahmed Hamdy, Business Dev. Manager (+10 years business developing exp.)
• unified mobile app for end-users for
• Ahmed Soliman, SW Manager (+13 years exp. Full stack engineer)
monitoring consumptions and paying bills
• Mahmoud Hassan, Operation manager (+15 years exp. PMP)
online.
• M. Hussein, embedded team leader (Master in iot, +10 years Exp.)
• 4.5 mobile app rates in stores
• Omnia Mohsen, Q&A Manager (+8 years exp. ISTQB Certified)
• strong R&D team, combining +90 years
exp. •
Traction to Date
• worked with big names in market like Year 2018 2019 2020 2021 2022 2023 Tar 24
(DORRA, Alkhorafy, Arabia holding, EG, KSA
GTS, Orbits, Madkour, Sodic, Marakez
Armed forces, ETC)
Rev. 1.5M 2.2M 8.9M 29.5M 31.7M 49M 350M
EGP
• Community platform for managing all
FM modules inside the compounds and *Sold meters: +30K *Projects: +67 * Clients: +43
mall, certified by JW Marriot. *Total Revenues: +123M EGP *Countries: 3 Egypt, KSA, UAE
• Expanded in UAE and KSA
* Next solution: Adding Gas meters & expand in Africa
* Vision: impact more than 5M people by 2027