Terepac Corporation

"Internet of Things" (IoT) company. $6 million in funding to date. $1.4 mil in revenue. Strong team, IP rich, products releasing. Multiple IPOs possible.

  • Stage Product In Development
  • Industry Other
  • Location Waterloo, ON, Canada
  • Currency CAD
  • Founded 2004
  • Employees 20
  • Website terepac.com

Company Summary

Terepac is an"internet of things" (IoT) pure play. IoT economic value is estimated (by Cisco) @10x the internet: $19 trillion.Terepac, through a unique divisional structure, offers client- demanded full solutions. Having raised 6 million in funding, achieved 1.4 mil in rev, created an IP-rich environment, assembled a world class team now launching product, we seek $3 mil in an A round to bridge to cash flow +ve & potential for multiple IPOs.

Team

  • Ric Asselstine
    CEO

    R. Richard (Ric) Asselstine is a veteran of three successful start ups. His strengths are his vision and his capacity to attract amazing world class talent. There is a formula to outsized value creation in the technology space. Ric knows this formula and is applying it at Terepac. Please visit http://terepac.com/?page_id=101 to review all management bios and http://terepac.com/?page_id=104 to review bios of Terepac's Technology Advisory Board.

Advisors

  • Mr. Murray Gamble
    President, C3 Group of Companies
    Unconfirmed

Previous Investors

  • John Pollock
    Former Board Chair and CEO, Electrohome
    Dr. Gene Descza
    Professor and Associate MBA Director, Wilfrid Laurier University
    Unconfirmed
    Doug Beynon
    President, Keiretsu Forum, Waterloo Wellington Chapter, Entrepreneur in Residence, Conrad Business, Entrepreneurship and Technology Centre

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