US-based Preteckt used this pitch deck to secure funding from 500 Startups

ABOUT

Founded in 2015, Preteckt provides a cloud-based predictive maintenance platform for vehicles. Its technology also schedules maintenance work by detecting issues in advance based on real-time automotive data.

The US-based firm claimed it could pinpoint maintenance failures with two weeks’ notice at the earliest and two days at the latest.

It used this deck in a 500 Startups demo day to secure early-stage funding.

Fundraising journey

• 2018: Raised an undisclosed amount of early-stage funding from 500 Startups
• 2019: Bagged US$2 million in seed funding from Las Olas Venture Capital and Comet Labs

How is the deck compelling?

• The deck describes a key problem that usually happens when transporting goods using vehicles.
• It also mentioned the partners that Preteckt is working with to predict vehicle breakdowns and how the platform works.
• It shows the current state of the fleets they’ve onboarded and its annual recurring revenue.
• The deck concludes by showing Preteckt’s main team members and their backgrounds to prove that the company’s solution is actually feasible, supported by their education and prior experience.

SOURCE

Deck: Starthouse