VENFORGE Inc.

IOT KEY FINDER

06.07.24
 VENFORGE INC.

Vision
To redefine convenience and security in everyday life by
leveraging innovative IoT technology to create the ultimate
smart key finder solution. Our vision is a world where
misplaced keys are a thing of the past, where individuals
can confidently navigate their daily routines knowing that
their keys are always within reach.
Mission
Our mission is to empower individuals with the confidence
to navigate their daily routines knowing that their keys are
always within reach, by continuously innovating and
delivering reliable, accessible, and customizable smart key
finder solutions that exceed expectations.
 IOT KEY FINDER

an innovative technology to provide customers with a simple and effective solution for keeping
track of their keys.
TARGET MARKET

1 Age 5 Homeowners

2 Urban Dwellers 6 Students

3 Tech-Savvy Individuals

4 Busy Professionals
Review of the Competition

•
Chipolo One Spot
•
Apple AirTag
•
CubePro
COMPONENTS

• ESP8266-01
• AMS1117 3.3V Voltage Regulator
• Buzzer
• Lithium Polymer Battery
• 2x10uf Capacitor
• PCB
PROJECT STARTUP COSTS AND
FINANCING SOURCES
2. Marketing and Distribution Costs
1. Hardware Development Costs · Marketing Campaign (Digital Marketing, Social Media, etc.):
• ESP8266-01 WiFi Module: Price: PHP 5,000
Price: PHP 50
· Packaging and Branding:
• AMS1117 3.3V Voltage Regulator: Price: PHP 5,000
Price: PHP 1

Total Estimated
• Buzzer (Piezo or Magnetic): Startup Costs
Price: PHP 2.39

Hardware PHP 106.46

• Lithium Polymer Battery (1000mAh - 2000mAh):
Development Costs
Price: PHP 17.92
Initial batch of 1000 PHP 106460
• 2× 10µF Capacitors: units
Price: PHP 5.15 (for a pair)
Marketing and PHP10,000
Distribution Costs:
• 3d Printing and PCB
Price: PHP 30 Total Startup Costs PHP 116460
Costing Initial Batch:
1000 units = PHP 106460

Price per unit = PHP 106460/1000UNITS

=PHP 106.46

Markup PHP 106.46 x 88% = PHP 93.6848

Pricing PHP 106.46 + PHP 93.6848

≈ PHP 200
Project Revenue and Expenses

Sales 1000 units x PHP 200 = PHP 200000

Expenses = PHP 116460

Profit = PHP 83540

 Financing Sources

Personal Savings Friends and Family Bank Loans

 Key Roles

Mr. Marc Wilson L. Longno Mr. Bernard Palis Balauro Jr. Mr. Joebert I. Gayaran

CEO (Chief Executuve Officer) Product Development Engineer Software Developer

Mr. Jaylord M. Miranda Mr. John Pritz Bulacja

Accountant Sales Manager

 Venforge Inc.

Thank you

VENFORGEINC@GMAIL.COM