Smart IOPS

Making Data Alive™

Print
Claim My Business
Form C
View on StartEngine
Security Type
Common Stock
Categories
Technology
Min Investment
$498
Location
MILPITAS, CA
Offering Date
September 26, 2022
Expected Close Date
January 12, 2023
Target Raise
$10.00K-$1.07M
No. Investors
41
Security Price
$1.86
Valuation
$100,000,000
Website
smartiops.com
Number of Employees
50
Cash
$454,526
Revenue
$326,830
Short Term Debt
$72,454
Cost of Goods
$456,724
Long Term Debt
$2,303,159
Net Income
$-1,559,061

Company Description

Smart IOPS builds leading-edge data storage and analysis products that enable next-generation applications requiring quick and reliable access to data. Our first product was ready for the market in 2021 after 8 years of research and development (R&D). We have a marquee list of customers like NASA, The Trade Desk, and LexisNexis, and our revenue has tripled in the first half of 2022 versus the whole of 2021. We address a large and rapidly growing market with differentiated technology protected by a strong portfolio of patents. As data continues to be central to almost all existing and emerging applications, we believe Smart IOPS has potential for growth over the coming years.

Perks

Select this bonus

$498+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.




Select this bonus

Early Bird Bonus
Invest within the first 2 weeks and receive 5% bonus shares.




13
days

13
hours

27
mins

2
secs





Select this bonus

$1,000+ Investment
Investor Perk 1
Receive 2 coupons for a 10% discount on our High Perf Edition SSDs. The coupon will be valid for our upcoming SSD series including Gaming Edition and Storage Class Memory Edition when available. All coupons expire after 12 months.


Select this bonus

$2,000+ Investment
Investor Perk 2
Invest $2,000+ and receive 5 coupons for a 10% discount on our High Perf Edition SSDs. The coupon will be valid for our upcoming SSD series including Gaming Edition and Storage Class Memory Edition when available. All coupons expire after 12 months.


Select this bonus

$10,000+ Investment
Investor Bonus 1
Invest $10,000+ and receive everything in Investor Perk 2 plus 5% bonus shares.


Select this bonus

$25,000+ Investment
Investor Bonus 2
Invest $25,000+ and receive everything in Investor Perk 2 plus 12% bonus shares. You will also be eligible to receive a black T-Shirt with the SmartIOPS logo and "Smart IOPS Investor" written on the front in orange.

Key Deal Facts

The enterprise Solid State Device (SSD) market is a $20 billion market and is forecasted to grow to $46 billion by 2030.

We believe we are one of the performance leaders in this large enterprise SSD market.

Our robust patent portfolio protects technology leadership with 16 US patents granted and several more in the pipeline.
Amount Raised : $360,028
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment