Trusstor


Trusstor's Hardware

In this webinar, we host Omri Sorek the CEO& co founder at Trusstor and Guy Shem-Tov, Chief Engineer at Electra Construction. Together we talk about their collaboration.

- SectorConTech, Big-Data
- Description
Construction site management technology for safer, more productive, working environments.
- FoundersOmri Sorek, Ofer Simon
- Notable Shareholders
- Round
- Website
Overview
Trusstor’s revolutionary Construction Intelligence solutions for construction site management create safer, more productive, working environments. Displaying real-time status of projects with a “Command & Control” dashboard, Trusstor gathers quality data to use for critical decision-making.
Led by professional domain experts and leading tech minds, Trusstor’s technology advances site management without adding overhead to daily operations. Their products were designed with industry-leading partners with a key vision in mind, - to find simple solutions to complex problems!
Covid-19
The pandemic highlighted the need for accurate, real-time, technology to track the activity on construction sites.
JLL: Global Real Estate Transparency Index, 2020 Transparency, Digitization, Decarbonization
Highlights
Presentation
Problem Overview
Solution Overview
Team
Why Are We Investing?
Company Analysis
Summary of Terms
INVESTMENT IN: TRUSSTOR TECHNOLOGIES LTD.
All individuals, offices or entities investing through the Investination Platform (the “Platform”) shall be issued rights in an investing entity/SPV formed for such purpose (the “Investing Entity”), which shall invest directly in the Target Company as a single entity and hold all applicable shares and/or rights in the Target Company. The following is a summary of the general terms pursuant to which the Investing Entity and its affiliate companies are investing in the Target Company.
Target Company Name:
Trusstor Technologies Ltd.
Investment Amount:
Up to $2,000,000 of which $900,000 may be invested by investors via the Platform, $750,000 may be invested by external investors and $350,000 are invested by an affiliate of the Investing Entity.
Investment Instrument:
Series Seed-1 Preferred Share Purchase Agreement
Company Valuation:
$5,000,000 Pre - Money on a fully diluted basis, including 9% unallocated ESOP.
Class of Share:
Series Seed -1 Preferred Shares. Preference include: (i) Broad - Based Weighted Average Anti -Dilution Rights; and (ii) one-time non – participating Liquidation Preference.