Beringlabs Tech Financing is a partnership of investors, venture firms, domain experts and legal advisors to provide one stop shop that help entrepreneurs and companies to focus on growth and risk reduction.
Our tech financing model is the first of its kind in the technology space.
Partnership
Our deep expertise in technology can help you leverage the best skills and solutions helping you to compete and offer the best product. We enable you to focus on growing the business.
Cost Savings
Our innovative process and tooling can help you get off the ground quickly saving the precious dollars that are otherwise spent in researching, hiring, upskilling, training your team.
Risk Reduction
We put our money where our mouth is. We get paid only AFTER you receive the service/product.
How We Work
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Brief description of the product/service
We have assembled a team of industry specialists who will gain in-depth insight into your product and the underlying business value. Our experts will explain you the process, tech financing options and the money you can save by developing your product service through digital hub.
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Detail product discussion with our technical/business experts
During these discussions, our experts will understand your product vision, define your customer profile, needed features and suggest how you can improve from business & technical perspective. They will map your customer’s journey with an interactive prototype of your app or product. An interactive prototype is a complete design of your web or mobile app, with hotspots that make it look and feel the way your fully developed app would.
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Licensing agreement
If you opt for tech financing option, we’ll agree the licensing agreement. It’s your choice to pay as licensing fee or complete product costs. We don’t take equity as we believe founders should keep it for investors and cofounders.
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NDA: – Non-Disclosure Agreement
To maintain your competitive advantage, NDA is signed. A non-disclosure agreement, or NDA, is a legal document that keeps the lid on such sensitive information. These agreements may be referred to alternatively as confidentiality agreements (CA), confidentiality statements, or confidentiality clauses, within a larger legal document.
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Timelines, Roadmap and Pricing
We will share the development timelines and roadmap of your product with the pricing details. We will also share the money you’ll save by developing through the digital hub and tech financing options.
Frequently Asked Questions
What size or kind of partnerships are we looking for?
a) A company looking to transition its existing infrastructure on cloud and save costs over time but can not move forward due to cost in upskilling, researching the technology stack and putting up upfront capital.
b) An existing product with a customer base in need of modernization or additional channels to grow their audience.
c) A non tech company looking to leverage technology but have no experience in tech company selection or hiring resources.