This document discusses WeldNote, a welding management software startup. It outlines the problems their software solves for companies that do welding work by helping to manage welding certifications and qualifications more efficiently. The document provides details on WeldNote's business model, goals for revenue and users over the next 12 months, plans to raise a convertible note to fund growth, and potential exit strategies, such as being acquired by one of their larger competitors in the welding software space.

1. WeldNote
Welding Management Software
MARCH 16, 2017 | CULTURGEST

2. The Problem
Companies Build:
- Thermal Power Plants
- Bridges
- Ships
- Rockets
MANAGING WELDING CERTIFICATIONS 1 - Certification is mandatory
2 - Qualification from a certificate is
limited
3 - Certificates pile up
4 - Managing them becomes hard
and time consuming

3. The Problem
Welding this: Qualifies you to: (min) and (max)
Engineers have to compare all project requirements and pipe sizes, with all the
company's certificates one by one. And not just on size, but on 15 to 20 additional
variables
Issues of real companies based on welding certifications
Overlapping qualifications
Project halt

4. Solution
Searching through certificates' different variables
Creating welding procedures based on the
certificates and industry standards
Reminders for expiration dates on certificates
WEB APP FOR MANAGING WELDING CERTIFICATIONS

5. WELDNOTE.COM
Affordable
Expensive
Offline Cloud-based
Market Competition
TAM
SAM
SOM
€26.1M
€5.5M
€1.1M
E.U. and U.S.

6. MILESTONES
THE TEAM AND MILESTONES
BIOPICTURE
Tiago Pereira (CEO - Left)
Pedro Pereira (CTO - Right)
Welding Engineer with experience
in the Oil, Gas and Nuclear sectors
Software Engineer with experience
with development of web
frameworks in an enterprise
environment
03/16 - Landing page + first
version
05/16 - Incubated at Startup
Lisboa
06/16 - First paying customer
10/16 - Pilot program with
Fortune 25 company

7. Business Model
Traction Goals (12 mo.)
4 clients
€24,000 yearly
revenue
2,000 site visitors
per month
30 clients
€150,000 yearly
revenue
2,000 site visitors
per month

8. Convertible Note
Raising €100,000
100% of WeldNote belongs to the founders - We are completely bootstrapped
Proceeds:
New hires (Customer Success and Support Rep & Marketing Specialist)
Bookings to industry trade fairs and conferences (Europe & U.S.)
Direct visits to large corporate customers (larger sales cycles & more
revenue)
Scaling of operations for better performance towards customers

9. Exit Strategy
Client: Implementing fully digital welding system with 2 companies
Partner:
Competitor:
€500M yearly Revenue
Already in contact with WeldNote
€125M yearly Revenue
Have acquired WeldEye (competitor)
Current software encompasses both Fronius
and WeldNote's functions and is market leader

10. Thanks!TIAGO PEREIRA - CEO AT WELDNOTE
TIAGO@WELDNOTE.COM
WELDNOTE.COM