RadioShack filed for bankruptcy in 2015, owing $1.4 billion in debt. Their largest single creditor was owed $329.6 million but is unlikely to recover the full amount. There is limited credit information available currently, with most data siloed within companies' ERP systems. The credit risk market needs more accessible data and could be an $11 billion opportunity in the US alone targeting small and medium enterprises that have over $100,000 in total credit and at least 10 credit customers. Crisk aims to provide easily accessible vendor and customer credit data to help businesses better understand their credit risks.
2. RadioShack went bankrupt in
2015, leaving $1.4B in debt.
'06 '07 '08 '09 '10 '11 '12 '13
Accounts Payable
The biggest single creditor was owed $329.6
million and is unlikely get its money back.
There are limited sources of credit
information, and most Information is hidden
in companies' ERP systems.
The current credit risk market needs
more data.
Failures Reported
Within 6 Months
Within 12 months
Within 18 Months
Within 24 Months
Siloed Information
3. The Addressable Market
$11 Billion in the US alone.
Our Target: Small/Medium Enterprises
Implement ERP systems
Above $100,000 total credit
In the B2B market
At least 10 credit customers
More than 10 employees
5.2% $11B 150YR
Annual Growth
Main Competitors: D&B, TransUnion, Equifax, Experian
Market in the US Old Industry
5. Our Board
Joseph Geva
BOD Chairman for Rosetta
green Ltd (TASE:RSTG)
and Bioplasmar Board of
Directors Chairman of
Ruppin Academic Center,
CEO milchan bros.Ltd.
Director of Channel 10
Ran Harpaz
Business & technology leader
Proven success
Accomplished start-up
entrepreneur and versatile public
company executive
Head of Consumer Strategy,
Mobile Products, PayPal
Joseph Geva
BSC in Mathematics and Computer
Science, BGU
CTO and Product at eloan.co.il
Leading product, development and
lean methodologies in web
companies including Wix.com LTD.
(NASDAQ)
6. Our Winning Team
Erez Saf
CIO and Development Manager
with 8 years experience in ERP
Systems at SAP.
MBA Graduate, UCLA
BSC in Computer Science
Amit Eisenthal
Led development of web, mobile
and enterprise software
projects Global MBA from the
IDC , B.Sc. in Computer Science
and Bioinformatics
Guy Sand
C# developer, ASP .Net, web
technologies BSC from
Academic college Tel Aviv, 2014
Statistic analyses , IDF
Gal Saf
Commercial lawyer with
experience in building strategy.
LLB degree, MBA in banking and
corporate finance from the Hebrew
University of Jerusalem. VP and
legal counsel at Ofek Israel