MERCENS Y.A.T.

Our concept is based on supporting all life places
  • Sector Accounting, Management, Service
  • Country Turkey
  • Founding date September 2018
  • Stage Paying users
Mercens has a investor for office outgoings and this shows there are people who believe in the business model. On the other hand, paying customers support the demonstrativeness. After 1 year 3 months we are at a level which is every mentors and investors will be excited. Mercens earned back money which is spent on office from the investor and made a profit. Mercens is looking for a big investment

General

Sector
Accounting, Management, Service
Category
Consumer, Software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android))

Business

Target customer
All property managers are our target customers.Especially whicharepros
Customer acquisition strategy
Working with professional property managers.
Revenue model
Subscription fee, technical commission, advertising, product sales, order commission

Market info

Market size
$515,000,000
Competitors
Competitor name
Competitor website
Apsiyon
https://www.apsiyon.com/
Yonetimcell
https://www.yonetimcell.com/
Competition
Apsiyon comp. is the market leader and has been the brand.
On the other hand, Yönetimcell remained on a smaller scale.
Startup traction
The average profit from non-software sales is between 78% and 85%. Investment capital was recovered with 1-year technical services revenue and professional management revenue. While calculating productivity; expenses, time spent and retention data for new customers were processed.

Total early investment
$1,500,000
Shareholder structure
Owner type
Name
Equity
Meriç Sezer
Founder
% 80
Cengiz Can Özşener
Co-Founder
% 20
Investment round
Angel Investment
Investment amount
$1,500,000
Equity on offer
% 20.0

Team

Meric Sezer  - Turkey
Cengiz Can Özşener  - Turkey
Total team member
6
Comment
Last update: 25.06.2020