Greater Than - Värderas till 10% av sina likvärdiga USA-konkurrenter!

2016-07-09 12:49, Edited at: 2016-07-11 09:41

Här tar vi oss en titt på hur två amerikanska konkurrenter till Greater Than värderas. Detta är spännade och bör inte missas.

Börjar kännas riktigt jävla intressant med Greater Than.

Bolaget har två direkt jämförbara amerikanska konkurrenter. Zubie och Automatic. Med tanke på att Greater Than enligt Sten Forseke ligger tre år före dessa i sin teknikutveckling så blir det väldigt intressant att jämföra bolagens värderingar.

ZUBIE http://zubie.com

Zubies senast kända finansieringsrundan gjordes i augusti 2014. Bolaget tog då in 8 miljoner dollar till värdering strax under 300 miljoner SEK. Sedan dess har bolaget haft en fantastiskt utveckling. Min bedömning är att bolaget idag är värt mellan 600-900 miljoner SEK.

Greater Thans teknik kan göra allt i realtid vilket inte Zubie hanterar och utan tvivel har Greater Than ett väldigt tydligt teknikförsprång. När vi konstaterar att Greater Than idag värderas till mindre än 1/10-del av Zubie, (66 miljoner SEK) så inser vi att vi är något stort på spåret.

ZUBIE - "Smart money" investerar tungt

Series B Aug 11, 2014 $8,000,000

Nokia Growth Partners Nokia Growth Partners VC Firm · Sunnyvale Comporium Comporium VC Firm OPENAIR Equity Partners OPENAIR Equity Partners Kansas City Castrol InnoVentures Castrol InnoVentures VC Firm · Swindon Magna International Magna International

Nokia Backs Zubie in First Deal From Connected Car Fund

By LIZETTE CHAPMAN Aug 11, 2014 8:30 am ET

Zubie CEO Tim Kelly

Nokia Growth Partners is putting its $100 million Connected Car Fund to work, backing Zubie Inc. in what executives say is the first in a series of bets on the buzzy space.

The wireless giant’s venture arm led an $8 million round in the vehicle diagnostic startup, with global automotive parts supplier Magna International and existing investors also participating.

The deal comes at a key time for Nokia Growth Partners and represents the latest vote of confidence in the tiny Charleston, S.C.-based startup.

Like competitor Automatic Labs Inc., Zubie makes a hardware dongle and provides associated apps that deliver real-time feedback on a vehicle and the driver. The dongle plugs into a car’s steering column and aggregates data about system functions, like fuel and oil levels, before suggesting a tune-up or other action.

Zubie also provides feedback on driving habits and makes suggestions, such as braking more gradually, to increase safety and lower costs.

Unlike Google’s Android Auto–its recently unveiled system for car dashboard displays—and other connected car initiatives, Zubie is not focused on music, voice control or other consumer apps.

For Nokia Growth Partners, which had worked with the company for about a year in conjunction with Nokia’s vehicle mapping and navigation group HERE, Zubie provides “a great entry point” to introduce other services.

“We did a thorough review of the space before investing,” said Nokia Growth Managing Partner Paul Asel, who joins the Zubie board. “Connectivity is really a platform for services.”

Mr. Asel said no other investments have been made from the $100 million Connected Car Fund, which Nokia debuted in May, but he said others are planned.

Along with the Connected Car Fund, he said, Nokia Growth Partners is still investing from a $250 million Fund III it raised in 2013. With Nokia as the group’s sole LP, the firm invests for strategic as well as financial reasons.

For Zubie, the investment will allow it to continue improving its product and double its headcount to 40 by the end of the month.

Automatic https://www.automatic.com/home/

Automatic senaste finansieringsrunda där man tog in drygt 200 miljoner SEK till en värdering på drygt 800 miljoner SEK.

Funding Type:

Venture Series: Series B

Money Raised: $24M

Announced On: June 25, 2015

Investors:

Amicus Capital

— CDK Global

— Comcast Ventures

— eLab Ventures —

Gary Clayton —

Jared Kopf —

Lumia Capital —

Mark Goines —

Rob Chandhok —

Y Combinator

USAA Leads $24 Million Round For Connected Car Platform Automatic

Posted Jun 25, 2015 by Sarah Perez (@sarahintampa)

Automatic, the connected car platform whose sensor and app combination is sometimes referred to as a “Fitbit for your car,” announced this morning $24 million in Series B funding, led by the investment arm at USAA, a top insurance and financial services provider for military families, which today counts 11 million members. Also participating in the round were new investors CDK Global, and Comcast Ventures, who join existing investors Y Combinator, RPM Ventures, Anthemis Group, Amicus Capital and angels Mark Goines, Jared Kopf, Rob Chandhok and Dan Rose.

The company had never publicly announced its funding, but combined with earlier rounds, Automatic now says that it has raised $32 million in total.

Automatic, which competes with a variety of connected car services including Dash, CarMD, Torque, Zubie, and many more, initially focused only on collecting data from your vehicle by way of a car adapter that plugs into the diagnostics port (OBD-II port). This allows it to gather information from your car’s on-board computer which is then shared with the Automatic smartphone app over Bluetooth. With the app, drivers can track their miles driven, MPG, fuel expenses, and more, plus take advantage of features like emergency crash response assistance and a parked car locator, for example.

automatic-android

But in May, Automatic announced a significant upgrade to its service, making it more of a platform for connected car apps: it launched a software development kit in partnership with over 20 third-party app makers. This allows Automatic customers to do more with the data pulled from the vehicle. With these integrations, drivers can do things like feed their exact mileage into Concur’s expense-tracking program, split gas costs with fellow carpoolers using a service like Unmooch, or, for professional drivers, track fuel costs alongside earnings from on-demand companies they might work for, like Uber, Lyft, or Postmates, via SherpaShare.

The additional funds will be used to grow and expand Automatic’s App Gallery and the Developer Platform, the company says. And the investment from USAA and CDK Global, the latter which provides technology solutions to 27,000 car dealerships around the world, hint at broader ambitions for Automatic outside of consumer-facing apps.

USAA, for example, likely sees a use case for the technology in the insurance side of its business.

automatic-app-gallery

“Automatic is breathing new life into car ownership by connecting any car on the road today to a world of apps that help with everything from sending emergency assistance after a crash to easily filing expense reports,” said Victor Pascucci, head of Corporate Development at USAA, in a statement about USAA’s investment.

When asked what, specifically, Automatic’s plans were with regard to building applications for its strategic investors, Thejo Kote, CEO and co-founder of Automatic, responded that the company was “working with both USAA and CDK to build exciting new experiences for their members and drivers,” but said that was all the company was willing to share at this point in time.

He added that Automatic is also actively working with partners to launch apps across a variety of use cases, “from business and performance, to safety and convenience,” noted Kote.

Having an expanded collection of useful applications for drivers and businesses is meant to increase the draw for a connected car platform like Automatic’s, even if they don’t directly impact the company’s bottom line.

“Happy customers are our number one source of sales, so continuing to improve their experience helps our bottom line,” Kote says.

In addition to expanding its app collection, the funding will also be put toward growing the overall business and building out the Automatic team.

Sammanfattning:

Zubie, Automatic, och Greater Than är fullt jämförbara. Greater Than har en helt unik och mycket mer intressant teknik medan dom andra två kommit lite längre med sin försäljning.

En relativitetsvärdering framstår här som synnerligen intressant.

Greater Than 66 miljoner SEK.

Zubie 600-900 miljoner SEK

Automatic 800 miljoner SEK.

Att Greater Than är fullständigt felvärderad och omedelbart skall uppvärderas råder det knappast något tvivel om efter denna jämförelse.

Med detta taget i beaktning anser jag att en rimlig värdering på Greater Than idag är minst 25-30 kr. Senast betalt är 8.50 så uppsidan är fin. När avtalet med ett stort nordiskt försäkringsbolag tillkännages kan vi mycket väl titta på 50 kr.

Desto mer jag tittar på bolaget och branschen ju mer övertygad blir jag om att Greater Than kan vara 2016 års stora vinnare. Branschen är stekhet i Usa och förr eller senare vaknar även Sverige och Europa.

Kravbild och förväntningar på bolaget är nu mycket stora. Det enda som räknas är konternuerlig leverans av framgång. Jag fortsätter givetvis följa upp alla mina leads, och allt jag får fram kommer publiceras. Bra eller dåligt, precis allt ska upp på bordet.

Jag tror mig numera dessutom ha en rätt klar bild av vilka försäkringsbolag Greater Than förhandlar med. Om jag kan få ytterligare ett par källors bekräftelse i ryggen kommer jag att publicera denna information inom kort. Mycket tunga namn om mina uppgifter stämmer.