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Aerial Roof Inspections and Analytics Processing
“Keep your feet on the ground!”
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Solar Roof Inspection Today
Unsafe.Inefficient.Expensive.
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HoverStat’s Solution
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Solar Report Summary
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Time Savings - Solar Without HoverStat:
•1.5 hours to measure and assess the roof
With HoverStat:
•15 minutesHoverStat Savings:• ~1 hour – Inspection• ~1 hour – Design• Total: 2 HOURS per residential site =
2,496hrs/yr (24 site inspections per week)
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Competitive Analysis• EagleView• Annual Revenue: $80M (Owler Estimate)• Accuracy: 5ft• Turn-around time: up to 48 hours
• Xactware• $250M (Owler Estimate)• Owned by Verisk 1.8bn in annual
revenue (publicly traded)
We will overtake their customer base.
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HoverStat Differentiators
•Faster: Current 24hr turn-around time, aiming for 10 minutes•More Accurate:
currently accurate down to 5in, aiming for 1.5cm•Safer: No one has to get up
on the roof
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Customers - SolarCurrent signed customer: Apex Solar
Current prospects: Revolve Solar, Renewable Rochester, Direct Energy Solar, Solar City, Revision Energy, CNY Solar, Freedom Solar, Lighthouse Solar, Green Solar Power, RocSPOT…
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Prospects - Insurance
Prospect Sales Stage Annual Rev Monthly Value
USAA Vetting Us $24,033,000 Pilot: 3,200*
*16 claims assessments/wk
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Addressable MarketsIndustry
Addressable Volume/yr
Solar 6,825,000
136,500 roof mounted solar inspections
Hail Claims
25,000,000
HoverStat Revenue/yr
500,000
Architecture
2,083,600,0002,083,600
552,760,000Underwriting
11,055,200
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MarketsWind
Insurance
Solar
Real Estate
Architecture
Construction
Surveying
Roofing
Electric Water
Agriculture
Go To Market Strategy
Approach individual solar companies: warm connections and partnerships,
solar distributors, targeted advertising.Licensable SaaS Model:Y1 : 14 companies
Y2 : 42 companiesY3 : 126 companies
Target: revenue run rate of $1MM/yr within the first 18 months.
: $456,000: $1,368,00: $4,104,00
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Our Team
Leanne EckelbergCEO
BS: Business Administration
BA: PsychologyRoofing automation
startup experience
Mark SappCTO
BS: Electrical Engineering
MS: Electrical Engineering
10 Years Machine Vision Experience
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New Hires With Your Help
?
C++ Developer
C++ Developer ?Customer Support Rep
?Sales Rep
Currently have Qualified candidate.
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Advisors
Chuck StormonCEO at RushTera and
MD at Kyros & StartFast
Serial Entrepreneur
Nasir AliManaging Director at
StartFast Venture Accelerator
Serial Entrepreneur
Industry
Marc ViggianoCEO & Founder at
Niteopark LLCAviation and Aerospace
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HoverStat - SummaryHoverStat was born from the idea that roof inspection should be safe, easy, efficient, and accurate. We convert drone footage of a roof into a report including measurements and analytics.• Team
• Leanne Eckelberg, CEO, BS in Business Administration, BA in Psychology, worked for two different startups previously
• Mark Sapp, CTO, MS Electrical Engineering, 10 years of machine vision experience
• Solar industry: growing at 24%/yr• SaaS model, pricing being developed• Beta testing underway with first customers• Currently raising $500K for seed preferred round to take HoverStat to
the next level
