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eaglEdge – bus fleet fuel efficiency

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Cleantech Ireland
Cleantech Ireland

EaglEdge Ltd. is an Irish company that develops fuel saving technology for vehicles like buses, coaches, and haulage trucks. Their system monitors driver behavior and provides feedback to encourage fuel efficient driving techniques. They have seen customer savings of 35-45% on fuel costs and request €120,000 in capital to expand sales and marketing, and conduct additional research and development. The company was bootstrapped to market and is fully owned by its three co-founders.

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Business overview Fuel & CO 2 Savings Reinforced Driver Training Driver Regulation
Meet the team Prof. Gerry Lyons, Co-founder Jason Byrne, Co-founder Fanie Meiring, Co-founder Neil Fraser, Éire sales Richard D’Silva, UK sales
The market Fuel (35-45%) Éire market: 100,000 vehicles UK Market: 450,000 vehicles EU & US: 13,000,000 vehicles
FuelGauge Actual customer savings
Business model Unit rental @ €65 per month 3-year contract Example: 100 vehicle fleet 5-year fuel spend: €25m 10% saving CO 2 saving: 6,240 tonnes
Strategic relationships & customers Customers Strategic Relationships TRIM transport QUINN TRANSPORT
Competition Indirect Direct GPS tracking Driver training Fuel storage
Barriers to entry Technical know-how (beyond GPS tracking) Supply Chain Management Development Time
Financial overview Bootstrapped to market No external investment to date 100% owned by co-founders
Use of proceeds Sales & Marketing Value-added R&D
Capital request € 120,000 + matching BES Fully BES-approved Non-executive Chairman
Contact eaglEdge Ltd.  Storm House, Galway Business Park, Upper Newcastle Road, Galway, Ireland.  www.eaglEdge.eu @ [email_address]  +353 (0)91 442048 Jason Byrne Director & co-founder @ [email_address]  +353 (0)86 8419094 “ eaglEdge is a leading innovator in fuel saving technology for the bus, coach & haulage industries.” RouteOne magazine

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eaglEdge – bus fleet fuel efficiency

  • 1.
  • 2. Business overview Fuel & CO 2 Savings Reinforced Driver Training Driver Regulation
  • 3. Meet the team Prof. Gerry Lyons, Co-founder Jason Byrne, Co-founder Fanie Meiring, Co-founder Neil Fraser, Éire sales Richard D’Silva, UK sales
  • 4. The market Fuel (35-45%) Éire market: 100,000 vehicles UK Market: 450,000 vehicles EU & US: 13,000,000 vehicles
  • 6. Business model Unit rental @ €65 per month 3-year contract Example: 100 vehicle fleet 5-year fuel spend: €25m 10% saving CO 2 saving: 6,240 tonnes
  • 7. Strategic relationships & customers Customers Strategic Relationships TRIM transport QUINN TRANSPORT
  • 8. Competition Indirect Direct GPS tracking Driver training Fuel storage
  • 9. Barriers to entry Technical know-how (beyond GPS tracking) Supply Chain Management Development Time
  • 10. Financial overview Bootstrapped to market No external investment to date 100% owned by co-founders
  • 11. Use of proceeds Sales & Marketing Value-added R&D
  • 12. Capital request € 120,000 + matching BES Fully BES-approved Non-executive Chairman
  • 13. Contact eaglEdge Ltd.  Storm House, Galway Business Park, Upper Newcastle Road, Galway, Ireland.  www.eaglEdge.eu @ [email_address]  +353 (0)91 442048 Jason Byrne Director & co-founder @ [email_address]  +353 (0)86 8419094 “ eaglEdge is a leading innovator in fuel saving technology for the bus, coach & haulage industries.” RouteOne magazine