mike wilson ( [email protected]...
TRANSCRIPT
MikeWilson(Founder/CEO)[email protected]
ProblemStatement
2*BasedonEPAEnergyStarProductRetrospecJve:StandbyPower2012
Stuff gets left “ON” at work
WaterDispensers
10MUnitswaste
$340MYear
$1.2BillionOpportunitywithjustthese4commonexamples
CoffeeMachines
3.5MUnitswaste
$125MYear
Photocopiers
5.7MUnitswaste
$140MYear
VendingMachines
3MUnitswaste
$580MYear
Examplesoftypicalwaste
3
AnIntelligentPlaPormThatTurnsDevices“OFF/ON”AutomaXcally
SoluXon
Attheright)me,withouteffec)ngproduc)vity
BriteThingsLearnHow&Whenweuseourpluggedindevices
HowItWorks
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WhyDoesThisMa\er?
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TypicalElectricityUsageinCommercialEnvironments
Source:DOE,2011BuildingEnergyDataBook,hVp://buildingsdatabook.eren.doe.gov/docs/xls_pdf/3.1.4.pdf
HVAC37%
LighJng27%
PlugLoad36%
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PlugLoadManagementisthe“NextBigThing”
Opportunity
HVAC
LighXng
PlugLoad
PowerConsumpJonTrendShi_ingTowardPlugLoad
HowWeMakeMoney
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1.Installeddevicescapturebaselinecosts
HowWeMakeMoney
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1.Installeddevicescapturebaselinecosts2.Customeradoptssavingschedule
HowWeMakeMoney
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1.Installeddevicescapturebaselinecosts2.Customeradoptssavingschedule3.Everymonthwecharge50%ofenergysaved
CustomerDeposit$15MonthlySavings$11.25($135÷12)CustomerSaves$5.62(Payback2.5Mons.)
BriteThingsBills$5.62
5.62X60Months=$337ROI=22X!
Team
Dr.SherryHu–CTO/Founder• ExpertEnergyEngineer@PG&E,offeringthelargestenergyefficiencyanddemandresponseprograminthecountry.• Co-Founder@ArchimedesControlsCorp.DevelopedpatenteddatacenterenergysoluJonforChinaMobil.• GreenBuildingDirector@NaturalResourcesDefenseCouncil.Led6internaJonalresearchprojects.• Co-Founder@HengGreenTechnologyInc.DevelopedawardwinningbuildingenergysimulaJonso_ware.• PhD,UniversityofNebraska,ProfessionalEngineerinbothmechanicalandelectrical,LEEDAP• 30publicaJons,10patents,1so_warelicenseinbuildingenergysystemsandIOTtechnologies
Dr.EdwinZou–ChiefProductOfficer/Founder• AnR&Dprofessionalwith15-yearhands-onproductdevelopmentandtech-managementexperience.• Heldengineeringortech-managementposiJonsatindustryleadingcompanies,includingJohnControls,
Yokogawa,St.JudeMedical,Medtronic.• Founder/CTOforSKMedical,successfullybuiltandmanagedcross-funcJonalteams(systemengineering,
quality,electricalR&D,ATE,so_ware,mechanical,manufacturing).• PhDinEE,GeorgeWashingtonUniversity;MEng,BEnginEE(AutomaJon),TsinghuaUniversity.
MikeWilson–CEO/Founder• SeniorexecuJvewith20yearsstart-upexperience-sales,markeJng,technologymanagement• Co-founder/CEO,Sponsorbrite.Developedandmarketedabrand-sponsoredplaoormforinsJtuJonalfundraising.Grewtoover100Kusersandrevenue,withhundredsofpayingcustomers.• Founder/CEO,VirtualLearn–onlinecorporatetrainingmarketplacesoldtoAlamoLearningSystems• Principal,RockridgePartners-Raisingover$15M.ClientsincludeIBM,Ford,Kaiser&Univ.ofCal.• 1Patent,MasterofBusinessAdministraJon,St.MaryCollege
Dr.RodrigoAlonso–InformaJonSystemArchitect• Seniortechnicalmanagerwith20-yearsindustryexperience.• VicepresidentEng,AndesNetworks,tookoverasOfficerofthecompanyformezzanineround,$6Mbudget,
50employees,companysoldtoSunMicrosystems.• VicepresidentEng,ZebraTechnologies,helpedZebrawithseveralso_warecompanyacquisiJons.Architected
theNFLPlayerRFlocaJontrackingsystemcurrentlydeployedinallfootballstadiums.• 30+publicaJons,3patents,PhDPhysics,PurdueUniversity;MSEE,MSBio-medical,UniversityofChile. 10
Team
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Dr.ShawnLiu–Sr.So_wareEng.• EnergyEng.@Comfortdynamics• Sr.EnergyConsultant@Nextant• EnergyEngineer@NRDC• PhD,UniversityofColorado,Boulder
KunYang–FullStackDeveloper• FrontEndEng.–TubeMogul• So_wareEngineer-Navis• So_wareEngineer–ZebraTechnologies• MS,ComputerScience-UCIrvine
Dr.TomTan–Founder.ExpertHW,SW,AI,ANN• ExpertinNeuralNetworksandFuzzyControl• EnergyLeaderatHDR• Co-Founder,ArchimedesSensors• Founder,CEO–ShanghaiHDYInformaJonInc.• AssistantProfessor–UofNevadaLasVegas• PhD.MechanicalEngineering,TongjUniversity
TomKnox-Partner,Morrison&Forrester• Globallawfirmwithaleadingstartup,emergingcompany,venturecapital,andinsJtuJonalfundingpracJce.
Dr.MichaelMcCorquodale–BoardMember• CEO,Arborlight• CEO,CorteraNeurotechnologies.proprietarymicroelectrocorJcographytechnology.• Co-FounderandCOOofe-SENS,astart-updevelopingchemicalsensinginpotablewater.• Founder,Mobius,acquiredbyIDT.
GuangyuWang–DataAnalyJcsExpert• SeniorDirector,DataAnalyJcs,Visa• PrincipalAnalyst,ETrade• StaJsJcian,CapitalOne• 2patents
CompeXXveEdge
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CompeXXon
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BriteThings Enmetric Autani Ibis BOSS
Price-Retail $25$15 $125* $125 $90* $99Learning
NoHubRequired
LCDDisplay
OccupancySensor
SocialPlaPorm
Detect/ControlWastePwr.
RealTimeFeedback
AutoOff-StandbyPower
*SRPperunit,doesnotincludehub($100-$250)costrequiredforEnmetric&Autani
14EVB
• WehaveProduct,Customers,Revenue• DemonstraJng30-60%CostreducJon
• 50+devicesdeployed• 4PatentsPending
ValueAddedResellers
PlanningPilots
DirectSalesCustomers
TracXon
Financials
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CashFlow&Financing
2ndRound$4Million
3rdRound$8Million
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TheDeal
MikeWilson(Founder/CEO)[email protected]