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High-Tech

Heltun Smart Home Devices Manufacturing

Required investments

$250,000

97 250 000֏

Cost of the project

$5,000,000
1 945 000 000֏

EBIТDA Margin/profitability

55%

Company’s Annual Sales

>$3,000,000
>1 167 000 000֏

Share in the company if one invests the required money

4%

Number of employees
16-50

Payback period

2
 years
Details
The overall need for investments is $1 000 000 (֏406 000 000), out of which $750 000 (֏304 578 000) is received. Min. ticket size $150 000 (֏72 000 000). Stock option possibility is applicable. *This section is for informational purposes only to provide communication between the Armenian entrepreneurs seeking financial resources and persons owning those resources. The information on this site does not constitute an offer to purchase securities. Specific investment mechanisms are not proposed, they will be discussed by the above-mentioned stakeholders.

About company

Heltun is Armenia-based manufacturer of smart home devices having contracts with over 72 distributors and exporting to more than 25 countries. Company is producing Smart Home devices that are easily integrated in the business applications and systems that need be managed at scale. Additionally, the company is building an AI powered Platform as a Service solution allowing B2B systems to speak the same language with all IoT devices regardless of the brand and the technology used, by providing them a unified API. The company’s major clients are Ceasar Palace Hotel in Las Vegas, Alarm.com, Bosnia & Herzegovina National Telecom Operator.

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