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MetaDolce Technologies is raising $5 million to expand its position as the premier market developer and reseller of high-end service robots for leading OEMs
- Strong track-record: Leveraging 16 years of experience in market-development in biometrics with an attractive revenue base from established reseller operations
- Clear objective: MetaDolce is building a national market development organization as an authorized reseller of leading robot OEMs
- Early mover advantage: The nascent Advanced Service Robotics market is projected to grow 10x from $2 billion in 2024 to $20 billion by 2030 (Fortune Business Insights), driven by staffing and labor-cost constrained health and elderly care facilities and hospitality providers
- High-margin, asset-light scalable model: Our service model requires no investments in R&D, manufacturing, and inventory, and carries no product warranty risk
MetaDolce Technologies consists of two distinct lines of business: Market development and sales of Mobile Biometrics and Service Robotics solutions.
MetaDolce Biometrics provides best-in-class biometric and mobile data capture products and integrated solutions to commercial, enterprise, and government organizations, worldwide. Our solutions are specifically designed for Identity Verification, Access Control, Law Enforcement, Border Protection, Time & Attendance, Transportation, and Healthcare applications. MetaDolce Biometrics offers mobile solutions from Gen2Wave, Grabba, and AsReader.
MetaDolce Service Robotics empowers service industries by automating daily repetitive tasks through technological innovation. Ideal for restaurants, care homes, hotels, hospitals and transportation hubs, robotic automation provides enhanced guest services at a substantially reduced cost. MetaDolce Service Robotics offers robotic solutions from Richtech Robotics, Bear Robotics, and OTSAW Robotics.
We specialize in market development of products originating from engineering-driven companies without mature sales and marketing organizations.
- We leverage 16 years experience in market-development and commercializing biometrics devices, to become the market leader in the marketing and sales of service robots
- As a first-mover, we position ourselves as a manufacturer-agnostic go-to distribution channel of robots to medical, care and hospitality facilities
- We have a reputation as the go-to partner for leading robot OEMs and has signed exclusivity agreements with well-funded and well-known robot manufacturers
Opportunity
- While there is significant investment in R&D, many robot OEMs lack the capabilities to effectively market and sell into the healthcare and hospitality markets
- Staffing shortages and labor costs drive deployment of advanced service robotics in the medical, care, and hospitality sectors
- MetaDolce aims to become the go-to reseller in the US for leading service robot manufacturers and customers by building dedicated infrastructure, capabilities, and relationships
Management Team
Moshe Meppen, Founder & CEO
MetaDolce Technologies, Inc. and VAXSYS Technologies, Inc.
Leading MetaDolce Technologies and VAXSYS Technologies with a focus on strategic direction, marketing, and key relationships across Canada, the US, and Mexico. Extensive experience in marketing and product leadership. Former Senior Product Leader at Intuit, leading a 50-person product development team. Senior marketing roles at Interlink Electronics, Inc., Wella Company, Joico, ABBA Products Corp., and Henkel. Former Founder & CEO of NearCom Technologies, Inc.
Norm Wirz, VP of Business Development
MetaDolce Technologies, Inc. and VAXSYS Technologies, Inc.
28 years in system design, software development, and information system management for small and midsize manufacturers. 20-year track record in sales, marketing, and product management specializing in electronic signature capture, biometrics, enterprise software, B2B product management, and technology development.
Specific Risk
- MetaDolce relies on the quality and competitive success of the robotics brands it resells
- There is no certainty that potential customers will buy the robots/equipment via MetaDolce
- Manufacturers may decide at some point to no longer sell their products via MetaDolce
- Technical or other issues could manifest with the robotics resold by MetaDolce, causing rm to the brand and reputation of MetaDolce
- Supply chain issues could impact MetaDolce’s ability to sell
- There is no guarantee that MetaDolce can successfully attract and maintain talent
- Private securities are speculative, illiquid, and carry a high degree of risk – including the loss of the entire investment