Valerie Burrelle
Chicago, IL (USA)
Role(s):
Velosis LLC
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Startup
Location:
Chicago
Industry:
Technology/Web
Year Founded:
2006
Number Employees:
INVALID
Description:
Our company is called Velosis. We are bringing to market a device that integrates wireless ordering with wireless credit card processing for the restaurant/hospitality industry. These offerings are currently fragmented within the $3 billion Point of Sale space. Industry research shows this to be a growing market with compelling returns if the price of the hardware is right. We can offer a 20-50% savings to current prices while providing a simple, purpose built commercial grade device. We will deliver our device through relationships with distributors and software resellers along with targeting specific end users. Right now we are seeking $1M to finish our prototype and run operations through the first year.