Romanian startup Smarthuts aiming to obtain €140k in crowdfunding

The Romanian startup Smarthuts aims to raise up to € 140,000 from investors through the crowdfunding platform SeedBlink. The team would use the investment to expand further in the UK, the CEE region, and the Nordic countries.

Smarthuts offers a software solution that allows companies to manage the tasks assigned to field employees or contractors and optimizes the resources and processes involved in areas such as maintenance and repairs, IT installations, and maintenance or cleaning. The startup’s solution is aimed at companies with between 10 and 250 employees. 

With a team of 8 employees, Smarthuts is an easy-to-adopt hybrid solution that aims to digitize a variety of sectors. Some of the benefits of the product are:

• Eliminates non-essential staff from flows, interpersonal and interdepartmental delays in transmitting tasks, and possible communication problems
• Reduces time to solve tasks. Employees find out immediately when a task is created, what to do and what steps to follow
• Highlights traceability by centralizing information about the stage of tasks, the staff involved and the resources used, durations, categories, consumables, costs, etc.)
• Increases the level of compliance of the tasks, following and verifying the observance of the predefined stages in the tasks

Since its launch in 2020, Smarthuts booked total revenues of € 293,000. The team aims to increase its recurring annual revenues to €500,000 by the end of 2022, and launch its solution globally in November 2022.

“Our customers experience a 5% to 15% increase in revenue in just 6 months from the start of use,” shares Ion Gavrilescu, Co-Founder of Smarthuts.

“Digitizing business areas that have been left untouched by new technologies can provide significant development opportunities,” said Laurențiu Ghenciu, Chief Business Officer at SeedBlink.

Digital transformation is crucial for the future development of the economy and society. According to a recent report by the European Commission, among other countries from Eastern Europe, Romania ranks at the very bottom of the integration of digital technologies. The Nordic region is a leader when it comes to progress in the area of digitalization.