Business Sample Plan

Margaret Burns | CFO Margaret earned her degree in Financial Management from NYU.Prior to joining Culina, Margaret spent seven years as CFO for a publicly-traded mobile tech company headquartered in Silicon Valley.Sherri Carlson | COO Sherri earned her MBA from Harvard Business School.

Our team has already finished the product development and design phase, with 3 prototype iterations completed, and we are now ready to begin mass manufacturing.

We’ve also gained major traction among consumers and investors alike, with 10,000 pre-ordered units sold and $5 million in capital secured to date.

She currently manages Culina’s financial risks and handles all financial planning, record-keeping, and reporting.

An enormous need exists for dramatic reductions in energy consumption.

Compatible with all existing brands that plug into standard two or three-prong wall outlets, Culina creates an entire network of Wi-Fi-connected kitchen devices.

The Culina App allows users to remotely monitor the status of and control all devices connected to our Smart Plugs.We’re committed to leading the charge in creating the ultimate smart kitchen for homeowners all around the world.Our revolutionary Smart Plugs enable users to make any kitchen appliance or cooking device intelligent.Kent Mc Clure and his team set out to make the kitchen a safer and more energy-efficient place for the family after a tragic fire struck his own kitchen in late 2012.Thankfully, no lives were lost and everyone in his family made it out safe and sound, but Kent couldn’t help but wonder With decades in the industrial design space, Kent knew he had the knowledge and the industry contacts to set out to improve upon home automation devices for the kitchen with a solution that not only made homes safer, but also cut down on energy consumption and the associated costs. Since that time, Kent and the Culina team have made it their mission to completely revolutionize the home automation and Io T space with innovative, AI-powered technology.Kent Mc Clure | Founder & CEO Kent is a Carnegie Mellon graduate with over 10 years of executive leadership experience in industrial design and engineering.He has a successful entrepreneurial history, founding a prior tech-based startup which he grew to 0 million in revenue, followed by acquisition in 2010 and then IPO shortly after.When a device reaches its energy limit, Culina alerts users through their smartphone and is built with the ability to power down the device automatically if the user chooses.The App measures key usage metrics in real time, allowing users to get an instant dashboard view of energy consumption as it occurs.With this round of funding, our objective is to ramp up hardware manufacturing, improve software UX and UI, expand our sales and marketing efforts, and fulfill pre-orders in time for the 2017 holiday season.We are currently seeking a M Series B capital investment that will give us the financial flexibility to achieve these goals.

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