Smarterkey pitch at the @ConnectingHomes British Gas showcase competition.

1. ”connected homes in the peer to peer lodging marketplace”
www.smarterkey.com
British Gas Connecting Homes
Showcase-Pitch 26/09/13
Presenter : David Moss

2. smarterkey : Introduction
 What ? Software & Smarterkey hub.
 History : Short term rental marketplace.
 Demand : Host rents on airbnb.com.
 Problem : Host no B&B no staff no time for check-in.
 Vertical : Guest access control.

3. smarterkey : The Solution
 Host : Smarterkey Hub
 Host : guest access control remotely.
 Guest : self check-in. No meet & greet.
 smarterkey platform no need for keys.
 Digital encrypted key.

4. smarterkey : HUB
 Smarterkey Hub
 Connected Home : Locks / Boiler / Lights / Sensors
 Home Automation
 Energy Saving

5. smarterkey : CV
 Team : David, Simon, Chris
 2012 : Telefonica / Wayra UK finalists
 2012 : Accelerator Academy graduates
 2013 : TSB Innovation Voucher
 2013 : Co-Innovate ; SMEs
 2013 : TSB SMART POC: Brunel Uni
electrical engineering / computing

6. smarterkey : Roadmap
 Software : digital mobile location time
sensitive key, mobile app.
 LBS digital content.
 Remote home control
 Hardware : + protocols, + devices, pre-
production prototype.

7. smarterkey : Market
 >1m rental/vacation hosts in Europe.
 Hosts : Airbnb 150K / HouseTrip 140K in Europe.
 Customer : Domestic, landlords.
 Partners : Portals, property management companies
with existing distribution channels, British Gas.
 Competition : Manufacturers – Lockitron .
 smarterkey USP. Secure 3rd party access.

8. smarterkey : Numbers
 1 : Revenue : Host £300 installation.
 2 : Host £150 annual subscription to smarterkey
platform.
 3 : Host £5 PAYG check-in.
 4 : in app LBS digital content.
 Outsource traditional check-in costs £20-£40.
 Average European host 25 check-ins / annum.
USA=80.
 Airbnb sold 10M check-ins.
2014 2015 2016 2017
Hosts 1600 4700 11000 25000

9. smarterkey : The Prize
 TSB SMART £160K project. 60% grant = £100K
 £30K+ £30Kprize = £60K match funding
 Phase 1 = £30K even if no prize nor SMART.
 BG partner opportunities
 Q&A ?

10. www.smarterkey.com
”connected homes in the peer to peer lodging marketplace”