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iTraceiT 1A
Sustainable business from the raw source to the end customer
Key Investment Information Sheet
Terms & Conditions
€583,500
total amount raised in round
- Backed by over 60 investors
- Eligible for a tax reduction
Ambition & Growth
iTraceiT is on a robust growth trajectory, with a strategic plan to scale operations significantly over the next five years. We are focusing on expanding our footprint across multiple industries, including luxury goods, agriculture, and food & beverages. Our growth strategy is built on a solid foundation of technological innovation, strategic partnerships, and alignment with emerging regulatory frameworks, particularly the EU's 15-year traceability and ESG reporting plan.
Pricing Model
Our SaaS-based pricing model offers flexibility and scalability, tailored to the needs of businesses across various industries. This model ensures annual recurring revenue, with additional options for bespoke services and features, enabling us to meet the diverse needs of our clients.
Use of Funds
iTraceiT is seeking investment to further its mission and accelerate growth. The planned allocation of funds is as follows:
- 35% Research & Development: Investment in advanced product development, industrialization, and ongoing technological enhancements, supported by grants and specialist input.
- 20% Marketing & Communication: Focus on thought leadership through the iTraceiT Academy, participation in international fairs, and strategic lobbying efforts to enhance brand visibility and credibility.
- 25% Business Development: Expansion of the sales team, development of a robust sales funnel, and strategic account management to drive customer acquisition and retention.
- 10% Infrastructure: Management of significant infrastructure costs, including server hosting optimization and data center operations, to support the scalability of our platform.
- 10% Administrative Costs: Coverage of overhead costs to ensure smooth operations and support continued business growth.
iTraceiT is seeking additional investment to cover a projected cash shortfall and to support its ongoing growth. According to our financial projections, we anticipate a minimum cash position of -€644,849.84 in 2025. To address this gap, iTraceiT is raising €485,000 through a combination of contributions from SPREDS investors and private investors.
In addition to an already committed investment from Wallonie Entreprendre, there will be sufficient funds to suppor our financial stability and ensure we can continue scaling up our operations without disruption.
Revenue Forecast & Financial Prospects
iTraceiT’s business model is built for scalability and profitability. Our financial projections indicate a strong revenue growth trend, underpinned by an increasing customer base and expanding market demand for transparency and sustainability:
- 2024: €497,500.00
- 2025: €2,000,180.48
- 2026: €3,986,037.10
- 2027: €6,373,411.04
- 2028: €9,183,726.45
EBITDA & Cash Flow Projections
Our financial model projects a positive EBITDA from 2025 onwards, with steady growth expected through 2028, driven by increased market penetration and operational efficiencies:
- 2024: -€510,322.02
- 2025: €18,417.47
- 2026: €898,763.88
- 2027: €2,334,060.08
- 2028: €3,525,114.88
As mentioned earlier, the projected minimum cash position of -€644,849.84 in 2025 highlights the critical need for this fresh cash infusion. The combined investments from SPREDS, private investors, and Wallonie Entreprendre will secure the necessary funds to bridge this gap and support our growth trajectory.
Strategic Growth & Risk Mitigation
Our strategic growth plan includes:
- Year 1-2: Finalizing product development, securing successful proof of concept, and establishing a strong market presence.
- Year 3: Expanding into related markets and enhancing our AI-driven systems to create a solid foundation for growth.
- Year 4: Scaling operations globally, focusing on key markets in Asia, Europe, and North America.
- Year 5: Achieving profitability with a diverse customer base across multiple industries, supported by a strong, scalable infrastructure.
We have identified potential risks, including market adoption challenges and regulatory changes. To mitigate these risks, we have strategies in place, such as staying ahead of regulatory developments, diversifying our market presence, and continuously innovating our platform to meet evolving market needs.
TAX SHELTER 45%
Investments in this company benefit from a 45% personal income tax reduction. Read more…A remaining amount of €392,500 is available for the Tax Shelter benefit.
Fact sheet
| Advised by a professional start-up advisor | |
| Valuation is set by the co-investor or incubator | |
| Co-investor or incubator will be members or observers to the board | |
| At the closing, an incubator, accelerator, or studio will have shares | |
| At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares | |
| Raised €10,000 during a private phase | |
| At the closing, a professional co-investor will have invested at least €25,000 | |
| Prior fundraising in equity or convertible loan with 10 or more investors | |
| Seasoned entrepreneurs | |
| Minimum 2 active entrepreneurs | |
| Valuation set by an organisation specialized in valuations of comparable size | |
| Valuation is less than €1 million or 10x last year’s turnover |
Raise summary
| Crowd investments | €118,500 |
| Committed by others | €465,000 |
| Amount raised | €583,500 |
| Minimum round | €490,000 |
| Maximum round | €1,675,000 |
| Shares in the company (total round) | 29.515% |
| Pre-money valuation | €4,000,000 |
| Post-money valuation min. | €4,490,000 |
| Post-money valuation max. | €5,675,000 |