Verolt Engineering Limited
We are KINDUZ; advising Verolt – providing Specialized Software and CAD/CAE Services for the Automotive ACES Market in Europe, based out of London, U.K. on their fund raising journey.
Below is key information about Verolt:
- £250,000 worth of work orders already generated in 10 months of operations, from 2 customers
- £150,000 of cumulative sales and payments received from both the satisfied customers, thanks to repeat work orders
- £400,000 per annum worth of long-term additional projects close to contract signing
- Verolt’s USP
- 146 person years of niche experience in delivering specialized software and CAD/CAE services for the Automotive ACES Market in Europe
- European sales team and their long-standing relationships
- Indian delivery centres with unique methodologies to on-board, develop and manage teams
- Our target is to deliver the following outcomes 5 years from now
- Revenue of £25 million in the 5th year
- Free Cash Flow of £12.5 million in the 5th year
We are now formally raising a £2 Mn round. It will be great if you can come on board. We see great value in this.
Looking forward to your thoughts.
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