SamsonVT

Samson VT is an online platform that allows a user to convert a design or intellectual property into a 'Virtual Twin' i.e., a digital replica of any entity. The platform is redefining how organisations think about, manage, and interact with data by connecting previously siloed data and replacing paper and PDF publications. Its vision is to pioneer Virtual Twin as a Service (VTaaS), a subscription model affordable to small and medium enterprises. With £250,000 Angel funding in February 2019, the brand built SamsonWEB, its cloud-based platform that allows organisations to start their digital transformation journey by uploading a Computer-aided design (CAD) file onto its portal. Its SamsonCORE then allows the user to virtually take apart the product, viewing everything from the serial numbers for individual components, to service records for parts. And, with SamsonLIVE, the user can connect, store and visualise Internet of Things (IoT) data to build a fully functioning virtual twin. The IoT market is estimated to reach $11.1 trillion by 2026 furthering the need to shift to work and think digitally in a comprehensive manner. In January 2020, to compliment SamsonWEB, SamsonCORE, and SamsonLIVE, Innovate UK awarded the company with a £500,000 grant to develop SamsonAI. With the funds received, the company aims to invest 30% of it on SamsonAI alongside Innovate UK Grant, 30% on SamsonCORE development, 20% on marketing and sales, and 10% on outstanding suppliers.

SamsonVT Rating Review

Pitch rating powered by CROWDRATING™

Rated on 29/05/2020

Pitch Rated

72%

overall

Management

80%

Product

82%

Investment

54%

£4,003,555
pre-money valuation

6.97%
equity available

159
investors

£1,299
pledge per investor

11043300
company number

Active
company status

02/11/2017
incorporated 7 years

Previous Funding rounds

23 Apr 23	Seedrs	£206,485 / 69%	72.00%
19 Apr 23	Seedrs	£412,240 /

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What the ratings mean

49% and under
We suggest potential investors carry out further study of their own 50-64%
Room for improvement 65-79%
Worth considering 80%+
Gold rating, our highest rating

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Management 80%

Skills 91%

The management team includes skilled professionals with expertise in their functional areas, which will help in streamlining the overall operations of the company. The team consists of 6 personnel with a plan to hire 3-5 personnel in the next few months. The team is led by a CEO, who is skilled in business administration, logistics, telecommunications, engineering, and analytical skills. Their full-stack developer is skilled in software development, programming, web technology, java virtual machine, computer science, and HTML. Their senior developer has expertise in Javascript (Node, Vue.js, React), .NET framework, AWS(Amazon Web Services), test-driven development, Oracle, and Microsoft SQL Server. The Head of Sales also supports the company with his expertise in engineering, recruiting, integration, automation, and agile methodologies. The finances of the company are overseen by their Finance Director who specialises in private equity, corporate finance, financial reporting, financial analysis, financial modelling, and mergers and acquisitions.

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