About

Spotlight provides a Software as a Service, cloud based solution for the f&b industry

Solution & Product

Spotlight platform (SpotlightPOS + Spotfolio) is a cloud platform with a Point of Sale and a cross merchant Q-Commerce application. SpotlightPOS is a cloud based ordering, management and mini ERP system. It is a Software as a Service solution with a monthly subscription without annual contract commitment or upfront licensing cost. It provides: 1. Point of Sale & in store ordering connected with warehouse and preparation stations 2. warehouse management connected with raw materials quantities and cost through recipes 3. Sales analytics (BI tool) 4. P&L analysis by drilling down into obscure details such ingredient pricing and employee discounts, 5. User friendly back-office interface for menu, recipes, warehouse, staff and reports management. Spotfolio is the consumer application directly integrated with SpotlighPOS. It allows users to consume any digital services that merchants offer, and Spotlight enabled merchants enjoy online ordering fees of as low as 5%.

Innovation & Scalability

Spotlight platform has proprietary technology that is developed solely in house. It is the only cloud POS platform offering end-to-end services from back-office merchant operations to end user digital services consumption. The technological innovation and seamless integrations between different components enables an innovative fee structure due to economies of scale. The integration of many different services under one enterprise solution allows Spotlight to achieve major cost reduction in its operations, carrying the benefit over to merchants, hence having the ability to reshape the POS and online delivery industries. As described above due to a proven track record in sales and conversions we estimate to continue growing the SpotlightPOS business with rates of more than 100% per year for the next 3 to 5 years, while we also estimate sales and revenues growth to be exponential on both sides of the business

Traction & achievements

The company started developing SpotlightPOS in 2016 and distributing its initial product during the same year. Since then it has achieved growth rates of more than 30% per year even during the COVID 19 pandemic. The churn is aprox. 4% per year over the 5 year life span of the company. During the pandemic the company developed its new product (Spotfolio) has concluded a bootstrap round of financing and has doubled its personnel. For the last six months sales have increased rapidly due to the newly created Commercial department (sales, marketing and support).

Team & Why Us

Thanassis Misdanitis - Chief Commercial Officer Is an experienced professional with solid background in Venture Capital Finance and Energy, with C-Level, Government & International Negotiations Experience. Serves as the Chief Commercial Officer also overlooking strategy and day to day operations. Dimitris Psalidas - Head of Product and Customer Support With more than 15 years of experience in computer industry, Dimitris is responsible for the product and customers support department. Ben Qirici - Chief Technology Officer Ben is a Senior Mobile Application Developer with 15 years of experience. Dimitris Papazaharias - Senior Web Developer Dimitri is the team linguist Senior Web Designer & Developer. All the members of our team have proven track record in computer industry and all of them collaborate in full compatibility. Productivity and commitment to each project and to constantly evolving in the market are some of the factors that lead to our ultimate purpose, which is expanding SpotlightPos around the world.

Funding Needs

1) Capital costs (buildings, equipment, vehicles) 2) Revenue costs (salaries, office costs, other running costs) 3) New projects' costs 4) Expanding our team with new members All the above aim to help us make a step forward to foreign markets.