Question 1

Your deck states that you’ve been around “for more than a decade”. What is your ARR over that period?

Accepted Answer

Ok, Bill, this is a great question. Our company has been around for 2 years, but the Ringorang IP precedes that. What’s great about your question is it highlights one of our main differentiators: the product went through years of government-backed R&D (when there was no ARR but about $4M revenue funded it, including commercial acceptance tests). All of that hard work was to prove it actually could change human behavior. That’s not just an interesting piece of tech, that’s world-changing. ...

Question 2

When did the ~$2.9MM project with the federal government occur? That detail and your trailing ARR are BIG items that seem to be absent.

Accepted Answer

Thanks for asking these, Bill, keep them coming. $2.9M came from two utility contracts, which applied Ringorang to rigorous consumer behavior studies across several years. The utility partners for that were NV Energy and DTE Energy. And Ringorang also won other grant-funded projects as well, with the last one wrapping up in 2017. See our white paper at the bottom of the Overview section which summarizes those R&D projects. And here’s a timeline, for anyone who missed it from my last respo...

Question 3

How does Ringorang function for those who aren't neurotypical?

Accepted Answer

This question gets at the heart of why Ringorang was created. I'll give you the short answer first: we haven't run a specific test with non-neurotypical. But getting at the heart of it: what's not commonly addressed in traditional learning is the way our brains work, i.e., our desire for immediate satisfaction, our fear of change, the reactions of our nervous systems, our non-linear thought processes, etc. What's addressed with Ringorang is how to attract someone's attention every so often, i...

Question 4

Hi Team. Can you help me understand 1) who are your competitors and how exactly you are different from the competition? 2) Why could they not simply replicate what you are doing? If it is IP, is it defensible? What protection is this IP giving you? 3) Share some of the key Saa...

Accepted Answer

Hey Nikk – these are awesome questions! I only wish I had more time to write a shorter response! 😊 1) Our software closes the gap between HR/Training and Business Performance. Our competitors are in those silos. We project 18 months of blue ocean (no competition) before both sides start to converge on us. In the case of Business Performance, those are consultants, which are prospective partners not competitors. In the case of HR/Training, the competitors are Learning Management Systems, parti...

Question 5

Is KaaS publicly traded? Also, do investors see money back somehow?

Accepted Answer

We are NOT publicly traded. We're proudly private! That's the beauty of the new law that favors startups that use crowdfunding: no longer are companies forced to go public --- which can be extremely expensive -- before marketing to the public at large. This portal is the future: allowing companies like ours to market far-and-wide about our investment opportunity. You don't need to go through a financial advisor or broker to access this investment. We love this way of doing business since it l...

Knowledge as a Service, Inc. (KaaS)

The future of learning: software that builds performance-based habits at scale!

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