About my Start-up
poolinq allows the hospitality industry, winemakers, retailers and eCommerce in one platform to manage, automate and operate her daily Business.
Our Vision is becoming the iTunes for Wines
Why your idea is a “winner"?:
We are currently the first platform in the hospitality sector to solve the daily business with wines. Currently everybody is using Excel or other piecemeal Solutions which is no longer maintainable and outdated. We are a Team of Sommeliers and Head Sommeliers and combined with a deep knowledge of the wine business. That is why we have built the first wine platform in the world for the hospitality sector where our users can view their daily activities and measure metrics on how their daily, weekly and annual profits are turning out. They can see which of their wines are top performers and which are low performers.
What is your current or intended business/revenue model?:
Our business model is that we take a monthly fee from our customers so that they can fully use our software. The monthly subscription fee starts at 49 euros per month. It is a Saas subscription model at poolinq.
Do you have any Patent or IP registered (related to the solution that you are looking for an investment)?:
We have additionally had our picture / word mark protected throughout Europe and were confirmed by our patent lawyers a fortnight ago and have received the certificate that we now own the rights to the name.
Has your technology already been implemented in any field/sector?:
Our technology will be currently used in the hospitality sector, especially in Restaurants an winebars. Next step will be to implement further functions that we can directly onboard winegrowing estates (wineries), to use our wine platform with one single access.
We have chosen a highly scalable technology for our solution, these are:
- Maria DB as a powerful database technology
- Vue.js as a completely new frontend technology for web development
- Elastic Search to index, catalogue and search everything on the platform.
- Strapi as the backend service that takes all the data.
Which market and customer need(s)/problem(s) is (are) your products(s)/service(s) going to solve?:
Our customers have not had the right solution to deal with the complexities of wine purchasing, metrics overview, categorical clustering of wines, and across different locations (thanks to our multi-location feature), they can now fully operationalize all wine-related activities.
The market we currently address is 60% of the total European market volume and is approximately 110 million Euros, the annual growth rate is 3.4%. The customers we address are in the area of: eCommerce, hotels, restaurants, wineries and merchants - that is the poolinq focus. After that we want to expand to supermarkets and discounters.