STORD is raising capital to fund a 12-month program designed to determine whether connected ownership can become a commercially viable consumer business.

 

The program will test whether consumers will buy the storage products, what they are willing to pay, whether they continue using the digital service, and whether STORD can acquire customers, manufacture the products, and deliver it at sustainable commercial economics.

 

The initial pilot will focus on connected storage products and a mobile application, with broader product development dependent on the evidence produced during the program.

 

Detailed information covering the product, commercial model, market research, financial assumptions and investment terms is available directly to prospective investors.