Company Website: https://www.moralius.eu
Company Email: info@moralius.com
Employees: 8
Funding State: Bootstrapped
Industries
- Real Estate (PropTech, Construction)
Technology
- IoT
- Software
- Web or Mobile Application
Business Model
- B2B
- B2B2C
Revenue Model
- SaaS
- Subscription
Funding Sources
- Self
About
moralius is a spin-off software company, which was born through a leading FM provider that has 18 years of experience in the FM industry. The following problems are real issues that the provider itself faced daily and solved by creating moralius platform. 1. The customers of FM providers tend to consolidate all FM services of their buildings under one single Total FM contract to achieve the maximum cost reduction through economies of scale. 2. The delivery of FM services globally will always be only as good as the staff delivering them. As such, the customers of FM providers need monitoring tools on service delivery, consistency, and quality. 3. As the quality of facilities improves worldwide, the customers of FM providers need to create and maintain a healthy, safe, and pleasant workplace environment for their people (wellness) to drive business productivity and profitability. 4. As the protection of the environment is a crucial issue globally, the customers of FM providers need to monitor and optimize the energy consumption of their buildings.
Solution & Product
1. moralius employs modules to manage all the FM services of a Total FM contract such as Cleaning, Security, Technical, Catering, and other Support services giving the opportunity to the FM providers to offer a total consolidated solution to their customers. 2. By employing Check-in/Check-out & real-time Service Tracking features via geolocation mechanisms along with real-time Staff Evaluation & Ticketing Workflows, the FM providers obtain powerful tools to deliver high quality services with consistency and business transparency. 3. moralius employs IoT to get occupant data real-time to trigger specific events. For example, to operate the ventilation automatically when the air quality will be reduced to unacceptable levels or the hygiene steward to be notified to disinfect a WC after X visits. 4. Asset & Energy Management modules enable the FM providers to monitor and optimize the energy consumption, while Machine Learning & Artificial Intelligence ensures the predictive maintenance of the building assets, as a result to improve the building value.
Innovation & Scalability
Moralius stands out of all the other FM software, as it is the first total FM cloud software, fully modular, with pay-as-you-go pricing model and no upfront costs. While all other FM software were created by software houses, Moralius was created by a total FM provider, in order to face the lack of a software suitable for total FM providers. This is the main part of the value proposition of Moralius to its clients, along with its continuous development, based on the very quick adoption of new features implemented to address the growing needs and new challenges of the Facility Management discipline. Some features that make Moralius unique are: · It uses edge technologies (IoT, Data Analytics, Machine Learning, AI and 5G) to facilitate decision makers, simplify their daily routine and offer them the opportunity to act proactively. · Its clients can map all services they provide to their customers (Cleaning, Technical Maintenance, Security, Catering etc.), starting from the recruiting, management and real-time monitoring of the staff who perform the services and up to the evaluation of the clients and people who benefit from the services. Finally, being modular, Moralius offers its clients a constantly high return of investment as they can easily choose the modules that fit best to their needs and budget at any point in time.
Traction & achievements
So far, our team has developed and launched the minimum viable product (MVP) of moralius, which consists of eight (8) modules out of thirty (30) included in our product roadmap. These are: Site Visit Management, Service Tracking, Asset Management, Service Requests, Complaint Management, Quality Surveys, Staff Evaluation and Staff Ticketing. Except of the access that a client can obtain through a web browser, a relevant android app has been developed as well. Today, moralius is used successfully by one client – Outsourced FM provider – since 1/6/2020. This FM provider uses the above eight (8) modules managing real-time ~700 facilities of its customers (>700 customer users’ access). Moreover, moralius Asset Management module has been provided already to one Inhouse FM provider as Beta Tester with no fee for six (6) months. Finally, we are in the process of building our business plan in order to present it and raise funding for further development & promotion of moralius.
Team & Why Us
Our team consists of five (5) passionate members with extensive experience in Facility Management & Software industry. We bring the ideal peace-of-mind solution for the problems moralius solves, because moralius is the only FM software globally that is being developed by a total FM provider, while all other alternative products have been created by software houses. Facility Management Market size exceeded USD 1 trillion in 2019 and is set to register CAGR around 5% between 2020 and 2026. Technology becomes the pivotal driver of innovation in the industry. As cloud service, moralius can be available anywhere with one click! There are three different groups of customers for moralius. The first group is the “Outsourced FM Providers” which offer one or more Facility Services (e.g., Cleaning, Technical Maintenance, etc) or they offer Total FM solutions to their customers. The second group is the “In-house FM Providers”. Any organization in the private or public sector which obtains an in-house facility department in order to run, manage & monitor the facility services offered in-house into the organization. And the third group is the “Property Management Companies” which manage large properties in order to offer services to their tenants. For all groups, the same Revenue & Distribution model applies, which is based on a subscription cloud approach. Finally, the following channels will be used for marketing & sales: social media campaigns, short video presentations, e-conferences
Funding Needs
So far, our traction and achievements have been relied exclusively on our own funds. We are willing to explore new funding opportunities that will give us the opportunity to make our product saleable in the Global FM Industry, while at the same time to continue developing the rest of our product roadmap.
Moralius is a Facility Management software that drives business productivity and profitability