MCARTech, Inc.

MCARTech, Inc.

Preventing costly industrial machinery failure with Asset Reliability solutions

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Security Type
Technology, Financial Services, Infrastructure
Min Investment
Munster, IN
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

✅ Contracts w/ 2 international manufacturing companies, 2 more being finalized
🎯 Successfully completed proof-of-concept w/ 3 clients
💥 Highly-specialized engineering team w/ 150+ years of combined experience
💸 Offer more effective, adaptable solutions at more affordable rates than all major competitors
📈 Industrial IoT market valued at $250B -- projected to be $1.3T by 2027; CAGR of 25%

Management Team / Advisory Board Bios

Kumar Chatterjee Founder/CEOEngineer with 40 years of leadership experience in Asset Reliability Management Strategies. Previously at ArcelorMittal, Tata Steel, and Steel Authority of India Ltd., Dr. Kanishka Aman Singh Co-Founder/COO/Senior Systems SpecialistEngineer with experience in nuclear power station design and control systems of heavy electrical equipment. BTech/MTech from IIT Kanpur, PhD in Electrical Engineering from Iowa State University., Thierry Olivier Lefevre Senior Technical Advisor40+ yrs of leadership in cement plant operations and maintenance at various major international companies. Formerly operations management in France/Canada & performance management of multi-sites in Europe and Africa., Steve Guzy Senior Technical Advisor40+ yrs of leadership in steel plant operations and maintenance. Formerly: GM of Primary Operations at Wheeling Pittsburgh Steel, Division Manager of Hot Rolling at US Steel Corp., Plant Manager at Titanium Metals Corp., VP of Operations at JSW Steel, Kathleen Boyle Manager Admin and Accounting7 years of experience in small business accounting, 16 years in teaching., Fernando Dominguez Lead Software Developer6 years in software development. Experience in insurance sector as a Senior Developer, DB Administrator, and front-end designer. 3 years as an independent agent developing websites for various industries, such as sales and administration., Rohan Chatterjee Creative Director7 years in film production. Writer, director, and editor with experience in independent & short films, commercials, and branded content. NYU Tisch Film grad., Kumar R Chatterjee Founder/CEOEngineer with 40 years of leadership experience in Asset Reliability Management Strategies. Previously at ArcelorMittal, Tata Steel, and Steel Authority of India Ltd.
Amount Raised : $114,552
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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