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Combuyit AB

Revolution in procurement

Buying, selling, and sourcing products, and sourcing information, prices, and suppliers are risky and take a lot of time no matter the size of the company.

That is why Combuyit Platform aims to become the market leading business Purchase and Selling Support Platform globally.

By creating a digital platform with advanced AI that combines mass human intelligence with advanced machine algorithms, we help buyers and sellers to grow their business and save time and money while using our platform.

We are planning to grow with profit. We are also planning an IPO. Join us on our journey!

Investerarerbjudande

We envision Combuyit becoming a platform for any purchasing and selling organization in any industry willing to digitalize the process and save money and time. Whether you are a buyer, seller, or both, Combuyit platform will be a valuable source in your chain of making a profit.

By combining our unique platform with its algorithm, AI, machine learning, big data, employee experience, and digitalization, we will help our users to become better at their core business.

A-shares

  • Step 1: Minimum of 1800 shares for 1440€. Get Combuyit Premium 6 months (value 2400€)
  • Step 2: Minimum of 3600 shares for 2880€. Get Combuyit Premium 12 months (value 4800€)
  • Step 3: Minimum 10000 shares for 8000€. Get Combuyit Enterprise 12 months (over 10000€)

Applies to everyone that purchases shares (according to amounts stated above) and wants to test the system or become our user. (The date when the system will be open for more beta testers will be announced soon.)

For all investments over 100000 SEK please contact Edin directly ([email protected]om).

Produkt

Problemet din produkt löser

Stress, time, and pressure are just some of many problems caused by our current way of working. We have identified an opportunity to solve those problems by developing a platform in which the user interaction and user experience are updated to interaction norms such as those that exist in modern life. In addition, the current way of doing business doesn't really fit in our future way of defining interaction-business, and we are proposing something new.

Hur produkten löser problemet

Combuyit is a web platform focused on the pedagogical aspects of a transaction. Through our intelligent algorithm, big-data, block-chain tech, and automatization, we create security for the user’s decision making, increase transparency and eliminate conflicts of interests. Combuyit wants to help the user to do business in a smarter and less risky way. We want more people to realize the possibility to make the right decision with more information on hand by using our independent platform. Innovative and desirable features such as an intuitive interface and autonomous features are implemented to increase user adoption. Video!

Produktegenskaper

By combining our unique platform with its algorithm, AI, machine learning, big data, employee experience, and digitalization, we will help our users to become better at their core business.

Användningsscenarier för produkten

We envision Combuyit becoming the platform for any purchasing and selling organization in any industry willing to digitalize the process and save money and time. Whether you are a buyer, seller, or both, Combuyit platform will be a valuable source in your chain of making a profit.

Team

Edin Turcinhodzic avatar
Edin Turcinhodzic Founder of the Combuyit Platform
Edin has experience in several business fields - e-commerce, retail, insurance, digital marketing and businesses development. His areas of responsibility have been sales, purchasing, marketing and business development.
Emir Crnkic avatar
Emir Crnkic Founder of Combuyit
Emir is on of the founders of the company. He has long experience in building a business from the foundation and he is a passionate entrepreneur. He wants to revolutionize the marketing industry with Combuyit.
Pernilla Andersson avatar
Pernilla Andersson Founder of Combuyit
Pernilla has experience in several business fields - retail, fashion and logistics. Her areas of responsibility have been sales, HR, marketing and business development.
Gordan Radojcic avatar
Gordan Radojcic Head of development
Gordan is a Senior Lead Developer and Software Architect specialized in IT, web and database development. He gained most of the experience working for Canadian and American companies for over 8 years. Gordan has a degree in Information Technology at Faculty of Information Technology in Belgrade.
Misa Rodjenkov avatar
Misa Rodjenkov Developer
Misa works as a developer and he is responsible for several product areas. Prior to that, he has had important roles in several innovative projects in Serbia. Misa has a Bachelor's degree from University of Novi Sad.
Marija Milosevic avatar
Marija Milosevic Developer
Marija had been a developer for less than a year when she joined Combuyit. She became the lead of design and development and leads the development work for user experience vision of Combuyit platform. Marija has a degree in Adult and Continuing Education and Teaching with specializations in Andragogy from ... Se mer
Marija had been a developer for less than a year when she joined Combuyit. She became the lead of design and development and leads the development work for user experience vision of Combuyit platform. Marija has a degree in Adult and Continuing Education and Teaching with specializations in Andragogy from the University of Belgrade. Se mindre
Combuyit avatar
Combuyit Mascot
Combuyit means “we help you do business” in Combuyit-ian, a very suitable name for our mascot who radiates knowledge, IT charm, and confidence. Our Official Mascot will play a very important role in our journey to give companies the best platform for their everyday business decisions.

Marknad

Målmarknad

Our initial focus will be on Scandinavia, suppliers/wholesalers/manufacturers, and retailers. Sweden, Denmark, Norway, and Finland alone have more than 10,000 companies in those segments, but this number can be increased to include other industries of any type. They are conscious users and usually hungry technophiles. Proof of Concept has already been proven with over 50 MSEK order value (beta-testing) with no promotion, providing a small peek sample of our platform’s potential.

Konkurrenslandskapet

There are no other businesses in Europe today offering the same type of a comprehensive procurement platform as Combuyit, even though there are some that tend to focus on one industry or just a part of a purchasing process.

Unika egenskaper som skiljer dig från konkurrenterna

Combuyit platform differs in the way we scan procurement opportunities, so users do not have to look for opportunities themselves - but of course, they can do it in that way if they want to.
Always quality in quantity.

Företagets inkomstkällor

Our primary revenue stream will come from our hit cost (this cost lands on our suppliers) for the turnover made through our platform and subscription base where we charge our customers a monthly fee
depending on the subscription they choose.

Distribution av produkt/tjänst

The initial contact with most buyers and sellers is done via phone calls and emails. Some users require personal meetings. This is slightly more time-consuming but also more valuable to us as we build long-term relationships.
Our platform is also available online for registration. 

Genomförande

Tidigare milstolpar/framgångar

  • 2016: Founded
  • 2016: First beta version of the platform released
  • 2016: Our first user came on board
  • 2016: Reached over 100,000 products in the platform
  • 2017: Second version of the platform released
  • 2017: Second user came on board
  • 2018: Reached over 300,000 products in the platform
  • 2019: Third release of our platform
  • 2019: Accepted into the MINC Incubator Malmoe
  • 2019: Preparing the campaign for fundraising
  • 2019: Accepted as one of the few companies to pitch our idea to Investors in Malmoe

Närmaste huvudsakliga mål

  • 2019: Reaching over 1 million products in the platform
  • 2019: Release party of the first commercial version of the platform
  • 2019: Broadening our product portfolio over 1 million products in the platform

Tidigare finansiering

Startup phase
  • Founding - 240k SEK (Developing costs)

Indirect financial support
  • Team time spent - 2mil SEK

Total 2.5mil SEK

Partnerskap

We work very closely with our suppliers and manufacturers in order to make sure our platform reaches the high demand of our users.

Started the cooperation with MINC Incubator which is a 12-month program - tailored to our needs.

New supplier and manufacturer partnerships are a part of the strategy to expand in Europe.

Användning av finansiering

About 80% of the capital raised will be used for product development. 
About 15% of the capital raised will be used for sales and marketing of the platform launch.
Rest of the 5% will be used for other HR and organization development.

Branschcertifieringar och utmärkelser


Avkastning på investering

As a public company, we are planning to do an IPO. We believe in easy shareholding, no buts and nots - all shares are equal.

One share, one vote.

IPO in 4-5 years. We see a somewhat aggressive journey ahead of us.

Riskanalys

Combuyit Platform has a unique algorithm and is first in Europe and maybe in the world with this kind of procurement support platform. It is a platform that is 100% machine learning driven by our algorithm. Companies that use the platform will see a ROI within a couple of days or weeks.
Competitors do not exist, and other platforms will find it very hard to close in on us. There will probably be similar services on the market in a couple of years, but no one has made it as simple and comprehensive as Combuyit platform.