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Bundles

Early Stage Startup





Tagline

Subscription on Clean laundry with a Miele at home (www.bundles.nl)



Elevator Pitch

Paying for use instead of ownership becomes more interesting in different categories. Bundles IoT/Big data software platform makes paying for use of household appliances more attractive than ever. The first 140 households have subscribed, month to month growth is accelerating. Customers have certainty of costs and no hassle and don't have to spend 1000 euro for a Miele. Next year Bundles is ready to apply the concept/platform in other markets and other appliance categories.

Product

A quality washing Machine (Miele WKG 120 WCS) in your home for 23,95 per month. No investment, no fixed contract, no repair costs and an app to help you use the machine better. (www.wasbundles.nl)

Enabled by Bundles'Buddy: a plug that collects the energy use of the appliance and a bridge that sends the data to the cloud. In the cloud the energy data is transformed in to washing cycle data, repair signals and other asset management data. This data is used to help the asset owner and the user to optimize the use of the appliance, increase the lifetime value and reduce the time, energy and detergent used to get clean laundry.



Why we are ecofriendly

Bundles contributes to a sustainable environment in three ways:
1. Longer lifetime of recyclable appliance: Customers choose more and more to buy cheaper appliances with a shorter lifetime. The Wasbundle appliances last 5000 cycles and don't end up at the scrapheap.
2. Less consumption per kg clean laundry: During the use of the appliance customers are supported to use less (co2 heavy) energy, water and detergent for the same amount of clean laundry.
3. Less Laundry per household. With the app customers are supported not wash when it's not necessary.

This is only for washing machines up till now, but the same goes for all appliances and assets used by consumers.

Latest News

30-10-2014 - Bundles raised $500.000
9-2-2014 - Bundles launches new webshop on www.bundles.nl
28-2-2015 - Bundles appliance base consists of 50 appliances
19-3-2015 - Bundles launches beta-app on app.bundles.nl
1-9-2015 - Bundles finances another 230 appliances with innovative crowdfunding.

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Version History

2015-09-28 19:18:29 - changed customers to '120'

2015-09-28 19:17:13 - changed employees to '4'

2015-09-28 19:17:01 - changed capitalraised to 'EUR 640k to date'

2015-09-28 19:16:10 - changed latestnews to '30-10-2014 - Bundles raised $500.000 9-2-2014 - Bundles launches new webshop on www.bundles.nl 28-2-2015 - Bundles...'

2015-09-28 19:14:57 - changed pitch to 'Paying for use instead of ownership becomes more interesting in different categories. Bundles IoT/Big data software...'



Website


Revenues

2014:
3090

Fundraising

800k for the next 800 appliances

Capital Raised

EUR 640k to date


Employees

4

Investors

Rockstart Accelerator (8%)
Miele Nederland BV (no shares yet)
DOEN Foundation (no shares yet)
TYLO BV (no shares yet)
STAK Tandem (no shares yet)

Customers

120




Awards

Finalist in WEF - Circulars Awards 2015
4th place in Sprout NL startupoftheyear 2014


Country of Origin

Netherlands

Founded

15-1-2014 Founded
18-2-2014 Incorporated

Twitter


Facebook


Team

Marcel Peters - CEO

Erwin van Meeteren - CFO

Contact Person

Marcel Peters

Headquarter

Amsterdam

Tags

IoT, Big Data, Share Economy,