”connected homes in the peer to peer lodging marketplace” www.smarterkey.com British Gas Connecting Homes Showcase-Pitch 26/09/13 Presenter : David Moss
May 06, 2015
”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”