We are Margot International, an early stage startup recently selected by STING for its 2018 Accelerate Program, also a member of SUP46 the international startup hub in Stockholm. We are building an industrial equipment marketplace and have the ambition to transform the way equipment and services are bought and sold within the marine and energy industries.
What does that mean?
Think of Airbnb, Ebay or Amazon and now replace the properties, the second-hand items and the retail products with marine equipment such as underwater robots and ship parts. That’s us.
Why is this interesting?
To date, most industries have been transformed by the digital revolution, but the traditional world of the marine industries is still waiting.
So, we’re creating the first digital disruption of this trillion dollar industry.
What have we accomplished?
We have 300 corporate users and 200 listed products worth over 80 million dollars. We have raised our first round of capital with some of the finest professionals from the tech and marine industries and now to build the largest, most diverse marketplace for buying, selling and renting equipment that allows companies to complete complex transactions in a couple of clicks.
What are the challenges?
Unlimited possibilities come with challenges. The items we list are generally complex with pricing in the range of 10 000 dollars to 10 000 000 dollars. Our transaction options range from direct sales to auction and rental plus other ideas we are currently working on.
So all in all, the list of possibilities in the product roadmap is massive and we’re building a team that understands the possibilities and challenges and deliver a system that can help to realize our full commercial potential.