Startup ID: 944544
Startup Name | Xdensity | Incubated Name | Xdensity |
Company Name | Xdensity | Date of Joining | 05/10/2017 |
Description | IT solutions and security for businesses. Mobile ERP system | Completed first Year? | yes |
Completed second year? | yes | Extented no of Month after second year | 29 |
Access IP services? | yes | Access legal / accounting consultations? | yes |
Number of customers/clients that validate value proposition | 2345 | Target number of customes/clients | 4 |
Milestone 1 achieved? | 586.25 | Developed and tested MVP? | no |
Milestone 2 achieved? | 0 | Completed go-to-market plan? | no |
Milestone 3 achieved? | 0 | Registered business? | no |
Milestone 4 achieved? | 0 | Live access of solution is made available? | no |
Milestone 5 achieved? | 0 | Percentage increase in customers/clients MoM | 0.0 |
Target % increase in customers MoM | 10 | Milestone 6 achieved? | 0 |
Total Number of Full / Part Time Employees hired in Current Month? | 1 | Total Number of Freelancers/ Contracters hired in Current Month? | 0 |
Total Number of Full / Part Time Employees hired in Year1 | 1 | Total Number of Freelancers/ Contracters hired in Year1 | 0 |
Target People Hired in First Year | 4 | Milestone 7 achieved? | 0.25 |
Percentage MoM growth in revenue | 0 | Target % MoM growth in revenue | 10 |
Milestone 8 achieved? | 0 | Validated business model? | no |
Milestone 9 achieved? | 0 | Completed valuation exercise? | no |
Milestone 10 achieved? | 0 | Amount of seed capital raised for product and operations expansion | 0 |
Target seed capital | 100000 | Milestone 11 achieved? | 0.00 |
Number of Year 1 milestones achieved | 586 | Percentage of achievement of first year milestones | 83.71 |
Number of Year 2 milestones achieved | Percentage of achievement of second year milestones | 0.00 | |
Percentage achievement of all milestones | 83 | Starting Year | 2019 |
Starting Month | 02 | Starting Revenue | 0 |
Starting # of customers/clients | 0 | Revenue made this month | 3085 |
Customers/clients gained this month | 40.0 | Ending Year | 2019 |
Ending Month | 3 | Ending Revenue | 0 |
Ending # of customers/clients | 40.0 | Percentage MoM growth in revenue | 0 |
Percentage MoM growth in customers/clients | 0 | Amount of Funding Approved | |
Amount of Funding Received | Date of Funding Received | ||
Type of Funding Received | Funding Entity |