Internet Software Company

ZING

78%

Funding Goal $1,400,000
Funding Raised So Far $1,086,000
Funding Commitments $0
Funding Remaining $314,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


ZING is a unique SaaS Business Management Solution that simplifies and consolidates the business operations of any SMB. The investment opportunity is $1.4m for a potential 4x return over 18 months, with $314,000 remaining.

ZING is solving a wicked problem suffered by all SMB owners. This involves getting online and then assembling a multitude of different technologies and SaaS (Software as a Service) products to be successful - difficult to use, expensive, complex, ineffective, and incomplete. ServiceQUIK was then born to solve this frustrating problem and our brand ZING Business Management Software was created as an affordable and easy-to-use solution.

With the technology now built, the business has established its HQ and sales operations in Colorado, U.S with Ryan Cunningham joining the team as our CRO. The risk profile has been drastically reduced for investors, with the platform completed and all focus is now on growing customers through sales and marketing. Channel Partners have been established and an internal repeatable direct sales model assisted by the learning of AI tools that help craft a more convertible lead channel. Sales are exceeding targets albeit from a very small team. The Sales model has been tuned and is ready to scale, by merely "throwing gas on the fire".

The business is seeking an equity round of $1,400,000 with only $314,000 now remaining, in funding that will contribute solely to sales growth and meeting our end 2024 (or earlier) forecast of >$6m AAR and becoming a cash-positive business with a valuation that reflects this achievement.

We forecast a likely SERIES A growth round in 2025 (also an exit for existing investors) that will see us re-commence Product Development and seek new markets whilst continuing to grow the existing.

With the technology built, and a repeatable sales model established, we see an investment in ServiceQUIK and ZING as low risk, with considerable investor gains likely of ~4x over the forthcoming 18 months.

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Business Summary


Company Age
Employees
Sub-Industry
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


ZING | START. RUN. GROW.

ZING has been built from the ground up to be an affordable, end-to-end cloud SaaS business management software for SMB’s. It is more accessible, complete and easier to use than what’s available and helps businesses to manage, run, grow and become the success they wish to be in this digital age.

ZING simplifies and digitizes the entire customer journey starting with an online presence of website, 24/7 bookings, and eCommerce storefront, to automated marketing, CRM, Point of Sale, inventory management, and much more.

Having now established a US route to market through our Channel Partnerships and our own AI-based direct marketing, the opportunity for more businesses to lower their costs and sell effectively has finally been realized.

ZING's target market is the 23 million SMBs in the US with <10 employees.

With this investment in Sales & Marketing growth, we forecast the business to become cash-positive by end of 2024 (or earlier) with an ARR of >$6m

Management


Paul Cameron
Chief Executive Officer
Paul C......

Paul is the founder and CEO of ServiceQUIK - an innovative and unique cloud software provider that builds ZING – the business management software for small and medium businesses that helps automate operations and run profitable ventures through a single application. He was previously the Global Head of Infrastructure and Cloud Services for the IBM Corporation managing the technologies that supported the 400,000 person workforce. Prior to IBM, Paul was CIO and Head of Enterprise Services for the Suncorp Financial (Banking and General Insurance) Group in Australia.

Paul holds a Masters Degree in Business Administration

Amy Bourke
Chief Operating Officer
Amy B......

Amy is the co-founder and COO of ServiceQUIK and ZING. With an extensive career spent in retail operations of large department store chains, Amy founded her own successful skin clinic business. As COO of ServiceQUIK and ZING, Amy is responsible for the operations of the business.

Amy holds a Masters Degree in Business Administration

Ryan Cunningham
Chief Sales & Marketing
Ryan C......

Executive with proven track record of creating replicable business models for revenue growth, developing sales professionals and leaders, and creating sustainable winning cultures. Built and maintained production stability in new markets, and led turnaround of challenged markets with revenue and new customer growth. Clear, concise and direct executive that can articulate and drive a company’s vision to employees and customers.

78%

Funding Goal $1,400,000
Funding Raised So Far $1,086,000
Funding Commitments $0
Funding Remaining $314,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


ZING

Castle Rock, CO 80104, US

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