Hello, 1) What is your competitive advantage vs companies like Nest and ecobee? 2) What was your 2022 revenue? And estimate for 2023? Thanks

Hi Felix- thanks for reaching out! Good question and one that we often get asked. It's a common misconception that consumer grade smart thermostats for homes, such Nest or Ecobee, may be used in hotel installations. However, this is not the case due to the fact that hotels need enterprise-level energy controls, which are not offered in consumer homes, thus they are not appropriate for hotels. To give you additional perspective on why the CIRQ+ Smart Room Platform is a unique technology offeri...

When do you foresee starting to cash in on those $30-40 million in LOI's? Thanks!

Hi Kyle- thanks for the question. This is our focus and excited to share that we have a signed Purchase and Sale agreement with our national reseller in place to put everything in motion! Our agreement is a sliding scale based on unit volumes so the more the reseller sells the lower the cost. Additionally the agreement terms include CIRQ+ being paid 30 days upon shipment... not configuration or installed. So this will be tremendous in scaling the business! Happy to set up a time for a 1:1 if ...

CIRQ+ Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

💪 $28M in signed LOI agreements large distributor + partnered w/ Arrow Electronics

💰 Reduces single-room energy usage by up to 40%

💸 Raised over $2.7M in our most recent fundraising round

🥽 Affordable robotics alleviating labor shortages while protecting people

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