Trakti Trakti, Deals Made Easy! Country: Italy | City: Trento | Employees: 5 Year Started: March 2014 | Sector: Finance/Contract Negotiations Product stage: Users | Website: trakti.com Team Product Team Founders: What is it? Trakti is a P2P cloud based social business platform, Luigi Telesca, CEO integrated in the blockchain, that supports the entire lifecycle of social business transaction. It offers a Md John Mahfuzul Islam, CTO flexible multi-model (such as auctions, tenders and other competitive or collaborative processes) Nevio Boscariol, CMO negotiation engine where professionals, SOHOs/SMEs and large enterprises meet to get the best deals out of Employees, Advisors & Investors: it. Jason Finnegan, Employee Revenue model: Software as a service (SaaS) Matteo Rizzi, Advisor Scalability: Previous funding: 160,000 EUR Average monthly revenues: N/A Planned fundraising: 1,500,000 EUR Market What is the need or problem being satisfied? SMEs are the backbone of the world economy. Unfortunately there are very few B2B solutions designed to improve their business performance, focused on the processes and not only content. Most of the info shared between them are unstructured and companies lose knowledge every day spending lot of time and money aggregating info in costly and inefficient CRM tools. Competitive Advantage: Trakti provides a unique P2P negotiation & contracting platform that can dramatically change the way businesses advertise and close deals online. With our secure technology, anyone can join an opportunity and compete for the deal, exchanging messages and offers safely in Trakti. We support the entire life cycle of business transactions, through easy to use step-by-step procedures, generating contracts that can be easily secured in the blockchain! Market Size: Our market is the business negotiations and smart contracts market. Several actor are offering (expensive) solutions in this space, but they either focus on specific models (tenders), or processes (procurement), or they offer contract negotiation with taggable online word processing tools. Our platform makes this accessible to SMEs 16B Euro market