Canada Seed Round · C$1.73M · 15% Equity · Closing Soon

    Canada's NFC category opens once — own 15% of it.

    • 1.2M Canadian small businesses
    • World-class mobile contactless adoption
    • Zero CAD-priced NFC + native CRM platform
    • C$1.73M = 15% · before Toronto · Vancouver · Calgary · Montréal
    ~US$1.5-2B
    Canada NFC Market by 2031 · 13.7% CAGR
    C$5.15M
    Year 1 Revenue Target
    C$1.92M
    Year 1 Net Profit
    Y1 Revenue / Investment
    3.2×
    Card Scale Y1 → Y3
    01 · Executive Summary

    The whole Canada business in 5 lines.

    For the investor who has 90 seconds.

    The Business

    Canada’s first Professional Brand Presence Platform — premium NFC smart cards + brand pages + native Sales CRM, 100% built in-house.

    Positioning

    CA professionals waste 88% of paper cards and pay C$7K+/yr for fragmented CRMs. We replace it all with one tap — at C$99 a card.

    Investment Rationale

    4.7M active Canadian businesses (1.36M employer + 3.38M non-employer) · Canada leads the world in smartphone penetration (Statista, ~91%) · Canada NFC market growing at 13.7% CAGR (KBV Research, Nov 2024) — fastest in North America. No serious CA-native NFC + CRM player.

    Key Metrics

    C$99 ASP · C$52 gross profit per card · 52% card margin. Year 1 target C$5.15M revenue / C$1.92M net profit on 50K cards across 4 main CA cities.

    Deal Contours

    Raising C$1.73M for Year 1 CA operations — CA Team C$825K · Marketing C$377K · India Remote Team C$109K · Office/Machines C$109K · 20% Contingency C$289K.

    02 · The Problem

    The AU relationship layer is broken — and overpriced.

    4.7M businesses, world-leading mobile contactless adoption — and not a single CA-focused NFC + CRM platform owns the gap.

    88%

    CA paper cards binned within 7 days — every lost card is a lost lead and a lost C$300+ deal.

    5+

    tools an CA professional juggles — LinkedIn, website, Calendly, HubSpot, portfolio. Nothing unified.

    C$7K+/yr

    Salesforce / HubSpot pricing — out of reach for Canada’s 1.36M+ employer SMEs and 3.38M non-employer businesses.

    0

    serious CA-native NFC + CRM player offering local assembly + native pipeline at SME pricing.

    Why now · Why us

    Canada has the highest smartphone penetration in the world (Statista 2024) and over 4.7 million active businesses — 1.36M with employees plus 3.38M non-employer businesses earning >C$30K/yr (Statistics Canada, Jun 2024) — yet the professional relationship layer is still paper, spreadsheets and overseas SaaS. Blinq is Melbourne-built but pivoted to enterprise SaaS; HiHello and Popl bill in USD; none ship a native Sales CRM. Lets Connect is the only CA-focused stack combining premium NFC hardware (C$99), brand pages and a native pipeline — at a price the CA SME market can actually afford.

    03 · Solution & Why Better

    One tap. Four products. One platform.

    NFC + brand pages + native CRM + analytics — bundled in a stack no AU competitor matches.

    One Tap Sharing

    Premium NFC cards tap any phone. Share profile, contact, portfolio, booking. No app for recipients.

    Brand Pages

    Customisable web profiles — bio, services, gallery, blog, testimonials. Update from one dashboard.

    QR Fallback

    For older phones and printed media. Same powerful profile, accessible via camera scan.

    Native Sales CRM

    Built-in Kanban pipeline, deal tracking, tasks. C$899 lifetime — vs C$7K+/yr for Salesforce.

    Our Moat — 5 things no competitor combines
    • Only platform bundling NFC + Brand Pages + native CRM in one CA-focused stack.
    • 100% proprietary technology — every line built in-house. Zero third-party dependency.
    • AU pricing built for the SME — C$99/card, no per-seat SaaS tax, lifetime CRM unlock at C$899.
    • Local fulfilment across 4 main CA cities (Toronto, Montreal, Vancouver, Calgary) — 48-72hr delivery.
    • Franchise & affiliate tools built natively — Blinq, HiHello, Popl and Linq have neither.
    25 Live Platform Capabilities — Inside Every NFC Card Dashboard
    Profile & Brand
    Details
    Social Links
    Multi Profile
    Contact Display
    Templates
    Content & Showcase
    Documents
    Blog
    Products
    Gallery
    Testimonials
    Engagement
    Password Protection
    Visibility & Order
    Bookings
    Get Reviews
    Add to Wallet
    CRM & Leads
    Sales CRM (Kanban)
    Contact Leads
    Enquiries
    Subscribers
    Card Scanner
    Utilities & Data
    Analytics
    Custom Forms
    Data Export
    Location Tracker
    URL Redirector
    04 · Competitive Landscape

    The category is being validated. Canada has no SME-focused leader yet.

    Global NFC + digital business-card players have raised US$68M+ combined. Blinq, HiHello, Popl & Linq all bill in USD; HiHello, Popl & Linq all bill in USD. That is our opening.

    Funding Raised by Direct Competitors (Public Sources)
    Blinq$25M Series A · May 2025 · pivoting enterprise
    $28.5M
    Linq$20M Series A · Dec 2025 (pivoting to AI)
    $27.8M
    HiHello$7.5M Series A · Jul 2021
    $10M
    PoplSeed · 2021
    $2.2M

    Sources: CB Insights, TechCrunch, Newswire, parsers.vc. Figures verified via published funding announcements. No estimates.

    Investor Takeaway

    Top-tier VCs have validated this category with US$68M+ in disclosed funding. None of them price in CAD or ship from Canada with a native Sales CRM. Lets Connect is the only contender combining premium NFC, brand pages and a native pipeline — CA-priced, CA-supported — and we are entering at a fraction of the valuations these competitors raised at.

    Platform Capability Comparison
    Product features only — what users actually get inside the platform.
    CapabilityLets ConnectBlinqHiHelloPoplLinq
    NFC Hardware(via 3rd party)
    Brand Page
    Lead Capture
    Booking (Built-in)(via Calendly)
    Analytics
    CRM SyncBuilt-in (no 3rd party)Salesforce, HubSpotSalesforce, HubSpotSalesforce, HubSpot
    Sales CRM (Native)
    Custom Forms
    Profile Visibility Control
    Source: Public product pages & pricing for each competitor (verified). Lets Connect features are live in production.
    05 · Market Opportunity

    4.7M businesses. World-leading contactless adoption.

    Every figure below is sourced from a publicly verifiable third party — no estimates, no hallucinated numbers.

    ~US$1.5-2.0B
    Canada NFC Market
    by 2031 · 13.7% CAGR (fastest in NA) · KBV Research (Nov 2024)
    4.7M
    Active Businesses (employer+non)
    Stats Canada · Jun 2024 release
    97.3%
    Employer SMEs (<500 staff)
    ISED · 1.36M employer SMEs (2024)
    #1 globally
    Smartphone Penetration
    Statista 2024 · #1 worldwide (~91%)
    Sources (verifiable, no estimates)
    • Statistics CanadaThe Daily — Canadian Business Counts · June 2024 release (15 Aug 2024)
    • ISED CanadaKey Small Business Statistics 2024 · ISED-ISDE Canada
    • KBV ResearchNorth America NFC Market 2024-2031 (Nov 2024) · US market alone US$16.79B by 2031 · Canada segment growing at 13.7% CAGR — fastest in NA · Canada estimated ~US$1.5-2.0B by 2031
    • 6WresearchCanada NFC Chip Market 2025-2031 · sustained double-digit growth across payment, access control, retail applications
    • Mobility ForesightsCanada Near Field Communication Market — Size, Share, Trends & Forecasts 2031
    • Bottom-up Canada TAM4.7M active CA businesses × C$99 ASP = C$465M+ one-time card TAM · 50k Year-1 target = ~0.01% penetration
    • StatistaSmartphone penetration worldwide 2024 · Canada ranked #1 globally
    06 · Revenue Model & GTM

    Five revenue streams. Hardware + SaaS + B2B + Channel.

    Premium hardware funds the acquisition. SaaS compounds the margin. Franchise & affiliate scale without capital.

    Stream 01
    Premium NFC Cards

    PVC · Metal · Wooden at C$99 ASP. Sold via website, Amazon CA, eBay CA and CA experience centres.

    Core B2C · C$99
    Stream 02
    Corporate & Enterprise

    Branded team cards for CA corporates — finance, real estate, healthcare. Bulk pricing, recurring B2B.

    B2B
    Stream 03
    Platform SaaS

    Pro & Ultra plans · C$15-C$30/mo · CRM, analytics, lead capture, bookings. 85%+ gross margin.

    Recurring SaaS
    Stream 04
    Sales CRM (Lifetime)

    One-time C$899. Full Kanban pipeline, deal tracking, activity timeline. High-margin add-on.

    C$899 lifetime
    Stream 05
    Franchise & Affiliate

    CA franchise partners and affiliate creators scale distribution without adding overhead.

    Asset-light
    CA GTM Strategy — 6 channels
    High Priority
    Organic Social
    LinkedInInstagramTikTokYouTube Shorts
    Long-term
    SEO & Content
    Google OrganicBlogsProgrammatic SEO
    Immediate
    Marketplaces
    Amazon CAeBay CAEtsy
    High Intent
    Paid Ads
    GoogleMetaLinkedInYouTube
    Zero CAC
    Influencers
    CreatorsCoachesIndustry Voices
    Premium
    AU Experience Centres
    2 Smart CentresLive NFC DemosEnterprise Walk-ins
    07 · Traction

    Profitable. Organic. Globally validated — pre-raise.

    Every number below happened before a single dollar of marketing spend.

    £8,633

    Organic revenue · 5 months · pre-marketing (UK base)

    317

    Paying customers across 6 channels

    5.0★

    200+ reviews · Amazon, eBay, website

    50+

    Countries reached with zero ad spend

    “317 customers across 50+ countries — eBay, Amazon CA, Amazon UK, Amazon US, Amazon Canada, website, offline. This raise is the first time we are putting fuel on a fire that is already burning.”

    08 · The Team · Canada

    A founder-led operator team launching NFC across Canada.

    Investors back people first. A hands-on founder who built the entire platform, guided by two 30-year core mentors - already shipping, already profitable, already scaling.

    1
    Founder-Led
    108+
    Combined Years of Experience
    100%
    Platform Built In-House
    2
    30+ Yr Core Mentors
    Founders

    The operator core - building product, running operations and owning the engineering stack end-to-end.

    AB
    Arun Babu Veeranki
    Co-Founder & CEO · 10+ Yrs
    ProductTechnologyStrategyDigital Marketing

    Leads product, technology and strategy. 10+ years in digital marketing and web development; designed and built the LetsConnect platform end to end and is the named inventor on the UK patent application.

    SM
    Swathi Mothipally
    Co-Founder, Commercial & Customer Success · Commercial
    SalesPartnershipsMarketplacesCustomer Success

    Leads sales, partnerships, marketplace channels (eBay, Amazon, TikTok Shop) and customer experience.

    BT
    Brahma Teja Challa
    Co-Founder, Operations & Compliance · Operations
    FulfilmentSupply ChainQuality ControlCompliance

    Leads fulfilment, supply chain, quality control and regulatory/compliance, ensuring every card ships on time and to spec.

    Our Core Mentors

    Backed by 60+ years of business-building wisdom.

    Two veteran operators advise the company on scaling, product strategy and multi-market execution — bringing decades of pattern-recognition that money alone cannot buy.

    J
    Jagadish
    Core Mentor · Business Scaling · 30+ Yrs

    Three decades of building, scaling and exiting businesses. Advises on go-to-market, organisational design and global expansion strategy.

    A
    Ayyappa
    Core Mentor · Product & Operations · 30+ Yrs

    30+ years across product, operations and corporate governance. Mentors on unit economics, supply chain and multi-market execution.

    Why this team wins: a founder who already scaled a UK consumer brand to £5M+, a COO running dual-country ops, an 8-year CTO owning the stack, dedicated AI & ecommerce leads, and two 30-year mentors guiding strategy — all operating at an India cost base with UK/US/UAE pricing. That is the moat.

    09 · Financials & Unit Economics

    C$52 profit per card. 52% margin. C$15.69M by Year 3.

    Premium CA pricing. Clean unit economics on both hardware and software. Profitable from Year 1.

    Unit Economics
    NFC Business Card · Canada
    C$99
    MRP · PVC · Metal · Wooden
    C$6
    Card
    C$4
    Package
    C$20
    Office + Mktg
    C$17
    Delivery/Platform/Franchise
    Cost
    C$47
    Profit
    C$52
    Margin
    52%
    Digital Add-On
    C$30 Per Customer · 10% Attach
    C$30 add-on
    CRM · Analytics · Bookings
    10% attach
    Attach Rate Y1
    90%+
    Digital Margin

    5K Year-1 digital add-ons at C$30 each = C$150K pure-margin layer on top of hardware. Scales linearly with card volume.

    🇨🇦 Canada — 3-Year Revenue Projection
    50K → ~89K → ~158K cards · @ C$99 ASP · C$52 gross profit per card.
    MetricYear 1
    50K cards · 4 main CA cities
    Year 2
    ~89K cards · 8 AU cities
    Year 3
    ~158K cards · 15 AU cities
    InvestmentC$1.73MC$1.73MC$1.86M
    Card RevenueC$4.95MC$8.81MC$15.64M
    Card Gross ProfitC$2.60MC$4.63MC$8.22M
    Digital Add-On ProfitC$0.15MC$0.27MC$0.47M
    Total RevenueC$5.15MC$8.82MC$15.69M
    Gross Profit (pre-tax)C$2.74MC$4.87MC$8.63M
    Net Profit (post 25% CA tax)C$1.92MC$3.41MC$6.04M
    Y1 Revenue / Investment
    C$6.04M
    Y3 Net Profit
    3.2×
    Card Volume Scale Y1 → Y3
    10 · What You Get

    15% equity. Clear path to IPO.

    One fixed offer. No negotiation, no dilution surprise. C$1.73M into Lets Connect Canada buys you 15% fully-diluted equity, full investor rights, and a defined exit path through FY 2029-30 IPO or secondary.

    The Offer
    15%
    Fully-diluted equity · fixed · non-negotiable
    Your Cheque
    C$1.73M
    Post-Money Valuation
    C$11.53M
    Pre-Money Valuation
    C$9.80M
    Year 3 Revenue Plan
    C$15.69M
    15% Fully-Diluted Equity
    Locked allocation in Lets Connect Canada entity. Fixed offer — non-negotiable cap to protect founder control through Series A.
    Board Observer / Seat
    Observer seat at 5%+ check size · full board seat at 10%+ · quarterly board meetings, monthly KPI dashboard.
    1× Non-Participating Preference
    Liquidation preference protects principal on any exit below valuation · broad-based weighted-average anti-dilution.
    Pro-Rata + Tag-Along
    Right to participate pro-rata in Series A / B to defend ownership · tag-along on any founder secondary sale.
    Information Rights
    Monthly management accounts · quarterly investor letter · audited annual P&L · full access to data room.
    IPO Path · FY 2029-30
    Targeted listing window FY 2029-30 once consolidated revenue crosses scale threshold · secondary buyback option available from Series B.
    Year 3 Stake Value · Valuation Scenarios

    Based on planned Year 3 revenue of C$15.69M and net profit of C$6.04M, applied to standard SaaS-hardware hybrid revenue multiples. Conservative anchored to slow-growth comparables; upside reflects category leaders.

    Conservative
    revenue multiple
    Company Valuation
    C$47.1M
    Your 15% Stake Worth
    C$7.06M
    4.1× cash-on-cash on investment
    Base Case
    revenue multiple
    Company Valuation
    C$78.5M
    Your 15% Stake Worth
    C$11.77M
    6.8× cash-on-cash on investment
    Upside
    revenue multiple
    Company Valuation
    C$125.5M
    Your 15% Stake Worth
    C$18.83M
    10.9× cash-on-cash on investment

    Illustrative only · not a forecast or guarantee of returns. Stake value crystallises on a liquidity event (Series A/B secondary, strategic acquisition, or IPO). Actual valuation set by future market-clearing investors.

    11 · Fundraise Ask

    Raising C$1.73M — Year 1 CA operations.

    Every dollar mapped to team, marketing, machines and operations (incl. 20% contingency). Profitable in Year 1.

    Seed Round · Canada
    C$1.73 Million
    Year 1 — CA Operations (4 Main Cities, incl. 20% contingency)
    C$5.15M
    Y1 Revenue Target
    C$1.92M
    Y1 Net Profit
    50K
    Cards Year 1
    4 cities
    Main CA markets
    Use of Funds · Year 1 · C$1.73M
    👥
    CA Team (10 staff incl CEO + employer contributions)
    48% of total
    C$825K
    📣
    Marketing (6 channels)
    22% of total
    C$377K
    🛡️
    20% Contingency Buffer
    17% of total
    C$289K
    🌏
    India Remote Team (Mktg + Dev)
    6% of total
    C$109K
    ⚙️
    Office, Equipment & Machines
    6% of total
    C$109K
    ⚖️
    Legal, Logistics, Software & Training
    1% of total
    C$26K
    📣 Marketing — Per Channel · C$269K (Y1) · +15% Y2 · +25% Y3
    C$86K
    Google Ads (32%)
    C$70K
    Meta Ads (26%)
    C$54K
    Influencer (20%)
    C$32K
    Offline / Petrol Stations (12%)
    C$19K
    Expos / Events (7%)
    C$8K
    SEO (3%)
    👥 Operating Cost Breakdown — Year 1
    C$825K
    CA Team — 10 staff incl CEO + employer contributions
    C$109K
    India Remote (Marketing + Developer)
    C$109K
    Office, Equipment, Inventory & Machines
    C$26K
    Legal, Logistics, Software & Training
    11 · Take the Meeting

    Let's build Canada's next category leader.

    Tell us your ticket size. We'll send the full deck and book a call within 48 hours.

    Founder-led conversations, no junior intermediaries.
    Full data room access for serious investors.
    1:1 product walkthrough — CRM, NFC, dashboard.
    CA-priced, CA-supported, CA launch team in place.

    Founder-handled within 48 hours. Email arun@letsconnectcard.com