Enklu - Motivate Venture Capital

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Milestones

Founded 2016
Invested in 2020

Team

Ray Kallmeyer (CEO)

Categories

Enterprise Software

Overview

Enklu is an end-to-end platform for AR content creation, collaboration, and management. The platform requires no-to-minimal coding skills and is both web and mobile based, which makes it both simple and efficient to use. A helpful comparison is found in graphic design. Enklu is the Canva of AR, offering an intuitive, dynamic, collaborative design experience, while existing solutions for AR content development are more akin to Photoshop, a robust but narrow tool for photo editing.

Enklu enables simple and efficient AR content creation for customers across manufacturing, media, entertainment, education, and technology. Examples of how customers use AR content created with Enklu include employee training, education materials, product marketing, immersive art experiences, and supply chain enhancement. The company also provides the VR hardware, most often the Microsoft HoloLens, required to engage with the content created in Enklu.

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How did you hear about Motivate? *

Please email your investor presentation (deck, exec summary, funding docs, etc.) to PITCH @ MOTIVATE.VC or submit links to Dropbox, Google Drive, Box, etc below *

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Briefly describe the Company and the problem you are solving *

What is the general founding story? *

Founders' entrepreneurial history? *

B2B, B2C, Other? *

How do you generate revenue? Is it Transactional, Recurring, or Repeatable? *

Current Revenue? *

Current Monthly Burn (net of Revenue)? *

How much capital are you currently raising? *

Type (Equity, Note, SAFE) with terms (valuation, cap, liq pref, discount, interest) *

Round (Pre-Seed, Seed, Series A) *

If you have a lead investor for this round, please provide the name and contact information *

List your three biggest investors in this round and amounts *

List your three biggest investors in previous rounds and amounts *

Detail your Use of Funds from this raise *

How many months of runway will this round give you? *

When do you plan to raise the next round? *

If you have a product, summarize its state of development (alpha, beta, in market) *

Initial traction (in revenues, users, etc) *

Monthly growth rate of clients or users *

Who are your primary competitors? *

What are the biggest challenges to the business? *

Size and composition of your Total Addressable Market (TAM) *

What is the size of Serviceable Addressable Market (SAM)? Please describe the inputs to this formula *

What is the size of Serviceable Obtainable Market (SOM)? Please describe the inputs to this formula *

Why is NOW the perfect time to launch this business? *

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