Portfolio Spotlight: Ulisse

Startup Spotlights

Startup: Ulisse

Vertical: AI

Market: Singapore

SDG: 3, 9 & 11

Female Founded: No

Fundraising: $1.5 Million

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Ulisse is an IoT hardware and software platform which helps business decision makers save cost with commercial places that perform better with data. 

What problem does Ulisse solve? 

Ulisse helps commercial businesses save cost on their physical spaces by optimizing them, studying people’s behavior, and understanding how people interact with the built environment.

What products does Ulisse offer? 

We optimize physical spaces by combining a one-of-a-kind device with sensing technologies from lighter and rudder, so we don't need cameras at all; we can track every person anonymously in a physical space and in a very private and friendly manner.

What countries do you currently operate in? What is your market reach?
Ulisse already has a global footprint. We have a development team in Mexico, Europe, and South Korea, and we are currently selling in Europe, North America, and Asia as well, specifically in Thailand and Singapore. We are now more focused on superstation because we have seen a lot of traction, which is why we are in Singapore to increase our sales.

What is the current market for Ulisse and what is the market potential?

We are targeting the physical space analytics market, so generally, it's all about optimizing whatever a commercial place is. The market is the IoT market in general, but our target market is the physical space analytics, which is worth $8 billion today.

What is Ulisse’s revenue/business model? 

Ulisse is generating revenue using a software service business model. As a result, we sell data to our customers. We used to charge a one-time setup cost for the hardware, but now we only charge for data.

What is Ulisse’s current traction to date?

Ulisse is currently generating $10K in monthly recurring revenue, with an estimate of $15K in the coming year due to the conversion of several projects that are currently in the trial phase and will be rolled out in the coming year.

Is Ulisse currently fundraising?

We are raising We are raising $1.5 Million and 75% has been secured already. and 75% has been secured already.

Where can our audience learn more about Ulisse?

They can go to our website https://www.ulisse.tech/ or connect with me on LinkedIn, Luca Nestola, where they can find all my content.

Startup Spotlights

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