”connected homes in the peer to peer lodging marketplace”

www.smarterkey.com

British Gas Connecting Homes

Showcase-Pitch 26/09/13

Presenter : David Moss

smarterkey : Introduction

What ? Software & Smarterkey hub. History : Short term rental marketplace. Demand : Host rents on airbnb.com. Problem : Host no B&B no staff no time for check-in. Vertical : Guest access control.

smarterkey : The Solution

Host : Smarterkey Hub Host : guest access control remotely. Guest : self check-in. No meet & greet. smarterkey platform no need for keys. Digital encrypted key.

smarterkey : HUB

Smarterkey Hub Connected Home : Locks / Boiler / Lights / Sensors Home Automation Energy Saving

smarterkey : CV

Team : David, Simon, Chris 2012 : Telefonica / Wayra UK finalists 2012 : Accelerator Academy graduates 2013 : TSB Innovation Voucher 2013 : Co-Innovate ; SMEs 2013 : TSB SMART POC: Brunel Uni

electrical engineering / computing

smarterkey : Roadmap

Software : digital mobile location time sensitive key, mobile app.

LBS digital content. Remote home control Hardware : + protocols, + devices, pre-

production prototype.

smarterkey : Market >1m rental/vacation hosts in Europe. Hosts : Airbnb 150K / HouseTrip 140K in Europe. Customer : Domestic, landlords. Partners : Portals, property management companies

with existing distribution channels, British Gas. Competition : Manufacturers – Lockitron . smarterkey USP. Secure 3rd party access.

smarterkey : Numbers

1 : Revenue : Host £300 installation. 2 : Host £150 annual subscription to smarterkey

platform. 3 : Host £5 PAYG check-in. 4 : in app LBS digital content. Outsource traditional check-in costs £20-£40. Average European host 25 check-ins / annum.

USA=80. Airbnb sold 10M check-ins.

2014 2015 2016 2017

Hosts 1600 4700 11000 25000

smarterkey : The Prize

TSB SMART £160K project. 60% grant = £100K £30K+ £30Kprize = £60K match funding Phase 1 = £30K even if no prize nor SMART.

BG partner opportunities

Q&A ?

www.smarterkey.com

”connected homes in the peer to peer lodging marketplace”