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Tara Teppo

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

Well, we have just launched this now this fall.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So we are in the early stages of this.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So what would I say?

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

You know, this is in some hundreds of thousands of euros at the moment.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

Well, it really depends on how many of the projects we're able to get in the implementation stage.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

When it's a consulting-related project, this is obviously much smaller projects.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

But before I answer that question, what we actually aim to do with the marketplace is we're digitizing the project data.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

And we bring financing for it.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So the type of projects that we want to get via the marketplace, we actually want to originate projects that need investment.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So our aim, so we're currently fundraising a SPV so that we can actually start investing into the projects directly.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

Um, in the first, we first want to do sort of more like a carve out.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So, um, so 10 to 50 million euros.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So, um, so depending how much sort of debt leverage we can bring to that.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So, so it depends what's the absolute project value, but we aim to raise about 10 to 50 million euros.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So we can start investing directly into the projects that are originated through the marketplace.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

No, actually, it's not lending.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

We become the project owners.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So we're going to be investing in the projects.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

The buyer is going to make a subscription agreement with us.

SaaS Interviews with CEOs, Startups, Founders
She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee

So it's going to be buying heat as a service, energy efficiencies as a service.