“Confidential and Proprietary. Copyright © 2023 by iknowa ltd. All Rights Reserved.”
One platform for your
property & building services
We focus on data processing & analytics to deliver retrofit, renewable & digital conveyancing services
Our journey
iknowa was founded in 2019, by Allar Klein (Estonia) & Keano Chang (UK).
1. In 2021, we received investment and were selected as one of Europe’s TOP 30 early start-ups by Google (out of 800 considered).
2. In 2022, iknowa was highlighted as one of the leading startups within the European property & construction technology sector.
3. 2023 iknowa was selected for the Geovation program (in collaboration with HM Land Registry and Ordnance Survey). Providing iknowa real-time access to the government’s property database and collaboration from; Ordnance Survey & HM Land Registry technical teams to advise on the development for the Know Your Property service.
iknowa empowers property owners by providing them with comprehensive understanding of their properties & supply them with valuable insights, solutions, and actionable steps to:
Scale of the problem opportunity…
A total of 24 Million homes in the UK require retrofitting. 15 Million by 2030, �to meet UK carbon targets; (Costing: >£365bn)
A total of 24 Million homes in the UK require retrofitting. 15 Million by 2030, �to meet UK carbon targets; (Costing: >£700bn)
Gas boilers will be decommissioned from 2025 for new builds, meaning, properties are required to undergo a retrofit, switching to renewable energy systems.
Lack of skilled workers to deliver retrofit & renewable installation services, with a demand & supply imbalance of 8,000 : 1.
One of the largest challenges for; financial institutions, policymakers and property owners (where regulations are brought in), centers around inaccurate property data.
Labour �shortages
Inaccurate �Data
Regulatory challenges
Demand v Supply imbalance
We have a Solution
Know Your Property
The world's first KYP (Know Your Property™) service.��Processing & analysing property data to provide solutions & actionable steps to; improve energy efficiency, reduce carbon emissions, comply with ever-changing regulations & understand opportunities to increase property value.
Property Data
Labour (Supply)
Renewable Upskilling
Leveraging their prior experience & held accreditations, we are able to provide contractors with tailored levelling up training opportunities in renewable services (from Solar PV to Heat Pumps).
Project�Delivery
Retrofit project delivery
Turning property insights to retrofit projects (with a single click), leveraging historical & live data of a property, connected to service providers for estimates & project plans.
Reducing >1.3 tonnes of CO2 per household per year. iknowa will remove >19.8K tonnes of CO2 per year based on its first signed engagement within the UK.
New jobs
Alerting existing & newly upskilled trade contractors, to new jobs-raised by property owners. If upskilled, trade contractors are required to complete a minimum of 3 jobs on iknowa within the first year.
Assurance & Security
Project Escrow
FCA regulated to hold & distribute electronic money. Proving a capability to; 1) Create European & UK E-Money Accounts - mapped to projects. 2) Make Dynamic split payments - in projects for service providers.
The market is growing…
Current Addressable Market in UK
Global Retrofit Market Size
�Present Opportunities
Our Business model
From £4.99/ Per property, monthly
For property owners to manage
their properties & run projects
+ £2.99/ Per user, monthly
+ Storage, monthly
Property Listing
From £5.99/ Per membership, monthly (Sole traders)
For Trade Contractors to
access iknowa platform
+ Storage, monthly
Trade Membership
£9.99/ Per registration
For Trade Contractors to officially
upskill into the retrofit sector
£400/ Per trades learner
Courses
From £8.98/ Per, workstation, monthly
For organisations & teams to
manage properties and projects
+ £2.99/ Per user, monthly
+ Storage, monthly
Workstations
10% scaling down to 3%
Based on the total contract value
For property owners to run their projects
Project service fee
E.g TCV £25k - Service fee £1,685�Equal to 6.74%
£165/ Per learner (HIES), annually
Strategic Partnerships
| |
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A new bank, focused on retrofit mortgages. To date we have signed a 3 year and £165 million contract. Pilots start in July with the first jobs to kick-off in Aug/ Sept 2023 (iknowa service fee ca. £11 million)
Access to government’s property (real-time) database, as well as HM Land Registry & Ordnance Survey technical teams to assist us on developing the KYP concept in more detail. We are part of a national Geovation programme.
We have partnered with CTSI, to establish the first tech-enabled consumer code. This allows us to earn up to £700 annually for each upskilled trade. We currently use our partner HIES, earning £165 annual commission per upskilled trade. Each trade must obtain a consumer code in order to provide renewable installation services.
Providing nationwide upskilling courses, generating revenues ca. £200 per learner.
+
Financial Forecast (Q2 2023 - Q4 2024)
| Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 |
Total: | £16,158 | £30,600 | £113,649 | £173,539 | £293,700 | £454,613 | £529,444 |
Projected to generate ca. £1.6m in revenues from Q2 to Q4 2024
Q1
Q2-Q3
Roadmap
Comprehensive property reports
& conveyance searches
Academic Partnerships
Upskill on labour market to
become MCS certified
New Landing Page
Clean & simple
Workstations
Organisation & team management
Virtual Cards (VISA)
Dynamic payments
Know Your Property (KYP) Reports
Project Financing
Financing for developments
Private training
Levelling up training opportunities in renewables
The road ahead of us in Q1 - Q3 2023
KYP Assessments & Scanning
For capturing accurate
property spaces & details
Real Estate Integration
Enhanced Communication
Enhanced message, file sharing and video chat
Q4
Q1-Q2 2024
Dynamic Insurance
Flexible insurance for projects & properties
EMI License
Electronic Money Institution (Official Submission)
Utility Integration (BETA)
Property portfolios, Valuations etc. (AI Assist)
Connected homes
(AI Assist)
Consumer code
Consumer protection
services for retrofits
The road ahead of us in Q4 2023 - Q2 2024
What have we achieved to date?
Patents: We have filed 6 System & Method Patents internationally;
Trademarks: We have been granted 7 trademarks including; “Know Your Property”;
Levelling up training: We have issued 100+ certificates (Largest national contributor to renewable labour market);
Our backlog: 800+ (growing daily) trade contractors currently waiting to be upskilled into renewables;
Endorsements: From HM Land Registry, Ordnance Survey, Perenna & Google ($250K Google Ads & $250K Cloud Credits);
iknowa Platform: Operational platform (With >2,000 users);
Offer: Terms received on £1m.
Project pipeline: Signed agreement for over 6,000 retrofit projects in the next 3 years;
Offer received
iknowa has been able to receive terms from the SFC Capital (Lead Investor) on £1m
(Pre-Seed) Investment Terms | |
Investment size | £1,000,000.00 |
Equity | 16% (Pre money valuation £5.25m) |
Price Per Share | £2.90344 |
Commitments | £990,000.00 |
Available Ticket Size | £10,000.00 |
ASA (angel)
Investors
Close this Investment with us, and be part of our growth
Use of funds
£1M
Operations:
£500K (50%)
Other:
£50K (5%)
Marketing:
£100K (10%)
Services:
£130K (13%)
Research & Development:
£220K (22%)
Up to 80% of iknowa's spend is associated with research & development,
of which 33% can be claimed back.
Your Opportunity
Your Investment Opportunity: (4X Return)
SFC Capital (Lead Investor) is leveraging a UK tax scheme, requiring an £100K matched funding, to release their tranche.
Minimum ASA ticket size from: £2,000.00 (ca. €2.4k)�Total Opportunity: Final £10K
Extended Deadline: 15th August 2023 �(However may close sooner, subject to other investors)
To benefit from this opportunity: CLICK HERE
Investment Form: https://forms.gle/jzwyhnR4Jkcyw86f9
£500K
£10K
ASA (angel)
Investors
OPPORTUNITY
£269.5K
£215.5K
Commitments
Plans for next investment (Seed Round)
Next planned funding (seed) round Q4 2024 | |
Investment Size | £5m (Expansion) |
Projected Pre-money Valuation | £20m |
| |
Example: | |
Investment size in this pre-seed round | £15,000.00 |
Forecasted growth (4x) | £60,000.00 |
Close this Investment with us, and be part of our growth��CLICK HERE
Why invest in iknowa?
Founders
Allar Klein
Keano Chang
17+ years of global experience within the residential and commercial property and construction market and expertise in solution architecture, technical design, and strategic planning.
Ex. IBM, with 10+ years of global experience in solution architecture and strategy, within technology, across; Oil & Gas, Engineering, Automotive & Consumer Product markets.
Based
London, UK
Sectors
Property, Construction, and Financial Technology