Chekkit Bridge Deck 2021 - Fund Raiser v1.0

Chekkit Bridge Deck 2021

1. Presented by:
Chekkit Technologies Inc.
chekikitapp.com
Bridge
Deck
FUND RAISE $1M

2. Bridge Deck (Fund-raise 2022 $1m) 2
The goal of every manufacturer/
producer is simply to:
And up to 40% of
market share to the
tune of $300Bn yearly
is lost by manufacturers
to Counterfeits due to
porous supply chains.
Plug gaps where money is being lost
Sadly, market is largely
informal, little loyalty &
even less actionable
data because producers
rarely connect directly
with consumers.
FMCG wants to sell more products
This is very
rampant with
pharma
products.
This is most
common with
consumer
goods.

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100,000 $300B
people die every year
in West-Africa because of
counterfeit antimalarial
medicines.
in revenue losses yearly
for pharmaceutical &
FMCG businesses in
Africa.

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Chekkit, solves these problems by protecting product
integrity and providing consumer intelligence.
Engage consumers directly
while you gather feedback &
real-time data.
BlockChain
Secured
Manufacturers create
unique IDs for unit
products as PINs and QR
codes.
Consumers verify your
products by USSD or
QR code Scan.

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Consumer
Intelligence (CI)
Ledger records the 
journey of every
consumable.

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Create
3347 5562
2287 6725
Products
Verify
Product Name: Glucophage 500mg
Product is certified OK!
Product Name: Heineken 33cl
Batch No: 1827362928
Production Date: 13
th May, 2020
REG No: R281728
Answer survey and get instant reward?
1. Yes
2. No
Where did you buy this bottle of Heineken?
1. Mall
2. Supermarket
3. Road side
4. Traffic
Survey & Win Analyze & Communicate
Consumer Intelligence Ledger enables timely
actions to prevent further losses.
* Reward types on the platform are LOYALTY POINTS,
INSTANT AIRTIME, MERCHANDISE & RAFFLE DRAWS
Scratch-off sticker label

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The African Consumer Market -
A Fragmented Market.
Chekkit, founded in 2018, is a blockchain powered supply chain and consumer intelligence
platform connecting OEMS and business across different industries with end to end last
mile data across their value chain and insights.
Anti-counterfeiting
& Consumer
Protection
Protect your
consumers from
counterfeits and
allow consumers
verify products by
scan or USSD. No
more losses, no
more fakes.
Consumer Data
Gathering &
Analysis
Know your market
and consumers
better, get valuable
insights with short,
targeted feedback
surveys both online
and offline.
Consumer Rewards &
Loyalty Program
Reward your
consumers
automatically when
they  purchase
products and drive
repeat purchases with
royalty programs/
campaigns.
Consumer
Engagement &
Personalised
Remarketing
Engage and maintain
relationships with
your consumers to
upsell/cross-sell to
them in ways they
can relate to.

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Consumer Intelligence Solution -
One Dashboard, unlimited possibilities.

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USSD, Voice and SMS authentication -
No consumer is left behind.
Verify Original
Products
Verify products by
dialling a USSD code
with the product's
unique PIN.
View Product
Information
Get information like
NAFDAC No, expiry
date and others
before use.
Fake & Expired
Product Alert
Be informed if a
product is fake
or even expired.
Get Consumer
Feedback & Data
Push surveys to
consumers over USSD
and get their response
in real time.
Engage Consumers
Interact with
consumers using your
own unique &
customised USSD
code.
Field Marketing &
Activations
Use our USSD service
to track and optimise
performance of your
BTL activations.
The Chekkit USSD is a simplified process that
enables consumers to verify products and engage
with producers without internet connection.

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The New ChekkitApp - Power
in the hands of consumers.
Verify Original
Products
Verify products by
dialling a USSD code
with the product's
unique PIN.
View Product
Information
Get information like
NAFDAC No, expiry
date and others
before use.
Fake & Expired
Product Alert
Be informed if a
product is fake
or even expired.
Get Consumer
Feedback & Data
Push surveys to
consumers over USSD
and get their response
in real time.
Engage Consumers
Interact with
consumers using your
own unique &
customised USSD
code.
Field Marketing &
Activations
Use our USSD service
to track and optimise
performance of your
BTL activations.
The Chekkit App enables consumers to verify the
safety of products before using them, engage with
producers, and win ca$h for participating  in pre-
loaded or sponsored surveys.

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Chekkit Token & 3rd Party Integration
Chekkit gifts
users with tokens
for their
participation in
sponsored
surveys, listed on
the App
These tokens will be
used mainstream to
purchase from stores &
for P2P transfer
through integrations
with POS solutions (like
Tap & Pay which is
cuuurrently in use on
public transport in
Lagos)
Tokens converted to
cash on the App
may also be
transferred directly
into bank account or
withdrawn via POS
agents across
Nigeria.
Tokens valued 
1000 tokens = ₦100
POS Payment API
integration
Tokens to
instant cash

14. Bridge Deck (Fund-raise 2022 $1m)
Asset tracking
(RFID and
Bluetooth based
tags) and
inventory
management
solution as a
service.
14
New Products Going Live in 2022
Retail
promotions
tracking as a
service and
intelligence
infrastructure.

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We focused on
pharmaceutical
product serialisation
from the start and
secured key
partnerships with

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We are backed by Blockchain Founder’s Fund, Launch
Africa, Japan Strategic Capital and Angels.

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$600,000
Raised in equity and grants

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3,000%
Growth rate since launch
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Big brands have
used Chekkit
Chekkit
Partners
Security Labels
Sold
30m+
to FMCG &
Pharma Clients
Consumer
Authentications
100k+
60% conversion
Rate
We have contracts and pilots with key players of the global
pharmaceutical and consumer goods market with access to
50% of global pharmaceutical market.
Signing 2 Co-sell partnerships
contract offers for South Africa (GIFS)
and Canada (Dark horse partners)
WE HAVE BEEN WORKING
CLOSELY WITH STANDARDS
& REGULATORS

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Manufacturing
Plants
Manufacturer
Warehouse
Distributors
Pharmacy or
Malls/Stores
Monetizing at every step in the value
chain at 15% of cost saved.

21. Bridge Deck (Fund-raise 2022 $1m) 21
Consumer Intelligence SaaS:  

$12,000 annual license.
$0.01 - $0.05 per tracked product.
Asset tracking SaaS: 

$24,000 annual license
$0.30 - $3.00 per tag
Hashcode (Retail Promotions
Insights) SaaS: 

$40,000 - $120,000 annual license
for ranges 100 - 500 users.

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•18,000 FMCG and Pharma
distributors and
manufacturers in Africa.
•One Trillion Dollars annual
revenue generated.
•$300 Billion Dollars.
•total losses at 30%.
•$210 Billion Dollars of
potential revenue 5% of
loss savings.

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2021 Summary
Inventory investment
(50 million scratch off
labels and RFID tags)
$135,850
Average Burn Rate
$23,956
(Operation
Expenses)
We serviced
> 5 businesses
in 2021
Total Revenue
$53,968
Total Receivables
$23,394
YoY% Growth
(2020-till date)
-22%
Revenue Target for 2021
$500k

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Clients in 2021
Merck purchases
more than
3,000,000  labels in
2021, making a total
of about 7,000,000
sachets of Merck’s
Glucophage that
are protected by
Chekkit labels in the
Nigerian market.
Flour Mills of Nigeria continues to leverage Chekkit
consumer intelligence service for ROI on
promotional spends, digital consumer campaigns,
acquiring insights about data from feedback from
consumers of their new product (Amaizing Day
cereal). They have identified that their cereal is now
preferred to existing competitors like Goldenmorn
(by Nestle) with little or no major media PR following
secured QR and USSD Pin printed on over 30 million
of their products in Nigeria.
ChiPharma signed up for a pilot
and are learning that majority of
their end users are distributed
largely across the West and the
Northern regions of Nigeria, who
learnt about the product -
SupraMult through referrals and
only about 2% buys online. These
clients  and 2 others were
serviced in 2021.
70% client retention rates
and 30% churn from 2020.
Our available runaway
is 6 months.

25. Bridge Deck (Fund-raise 2022 $1m) 25
Status of the
Business in 2021
•Made some losses this year after breaking even in the last, but focusing on growth comes with predictable short term losses which
we currently experience. One of our major loss was the $8m deal in Afghanistan which was lost following internal crisis within the
country. The deal was to see Chekkit supply 200 million scratch off labels for the pharmaceutical industry in Afghanistan as a
nationwide distribution pilot.
•We are currently speaking with a Pharmaceutical manufacturer in Pakistan to launch a similar project following that there are
direct benefits for them and the government has also began work through their local FDA to serialise pharmaceuticals  in the 
Country. Also Fantom (blockchain partners for Afghan deal) have also started pushing for a similar deal in Pakistan.
•Our team has increased to about 21 staff strength, we hire professionals that would help us further structure our sales, products
and communications processes. Clients  in the pipeline are also more than 15 business with 3 businesses soon  to close by Q1, 2022.

26. Bridge Deck (Fund-raise 2022 $1m) 26
•During the year we also gained on our growth metrics and here are some of the milestones we achieved;
✦3 awesome products in near deployment state; 
‣ChekkitApp™ - revamped with survey for cash features - launch date moved to 2nd week in January with media PR.
‣Supply Chain tracking for Asset tracking and inventory management - Testing begins in February, 2022.
‣Hashcode™ - Retailer intelligence for Alcohol promotions KPI tracking  - Testing begins in February, 2022 with Nigerian Breweries as major client stakeholder.
✦Partnerships;
‣NAFDAC + Merck recognises Chekkit as technology solutions provider for Pharmaceuticals in Nigeria.
‣SAP integrations gives us access to 100+ pharmaceutical manufacturers globally - Integrations completed by Q1 and we pilot with Boehringer Ingelheim/
Roche/Johnson&Johnson - average pilot gives potential revenue per client at $50,000 - $500,000 for 3m - 30m codes/labels and the deal sharing ratio with
SAP is 30:70 w.r.p to SAP:CHK.
‣Telecel Group integration for Africa expansion - SMS, Consumer marketing & Social messenger chatbot for brand engagement in 22 Africa countries starting
from Central Africa Republic.
‣Google cloud services - Machine Learning solution developed using Google Auto-ML, it identifies  fakes from originals by analysing images.
‣GISF partnership via a sponsored Joint Venture for entry into the South African Market and then a renegotiation in 12 months.
✦Accelerator Programmes 
‣Google for Startup Accelerator - Mentorship and contacts
‣StartUp bootcamp Afritech - Scale up and partnership with Telecel Group
‣Google Black founder fund - Grant investment of $50,000
‣SAP.io foundry - Gateway to SAP collaborations and partnerships/store listing etc.
✦Awards
‣Global startup award for best e-commerce infrastructural platform in West-Africa.
‣Best Digital Logistics platform in Africa winner at the Digilogic supply chain project sponsored by the European Union.

27. Bridge Deck (Fund-raise 2022 $1m) 27
What the future
holds in 2022
Improve
existing CI
product with
AI and ML
functionalities.
Launch & monetize
pipeline products
(Hashcode,Asset
tracking, ChekkitApp)
500,000
surveys
taken by
users
100,000
ChekkitApp
signups from
current 2,000+
users
Sign up and service
50 SMEs, to generate
at least $10,000 MoM
revenue from SMEs
Protect >100,000,000
consumer products &
Pharmaceuticals
Reach 1,000,000
consumer product
authentications
Distribute NGN25,000,000
($50,000) worth of cash/
airtime/raffle rewards for
surveys on ChekkitApp
$0.5m-1m
Revenue Target for 2022
$10m
Revenue 2024
Expansions to South Africa, Zimbabwe, Ghana, Pakistan, UK and Canada

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Raising to
supercharge
our growth
30% discount in
January and drops to
20% in February.
Secure your slot with
signed SAFE.
-@ $15m pre-money
valuation.
-3x growth from last
round in 6 months.
SAFE with
valuation cap and
discount on
conversion in 8-12
months at pre-
series A stage.
Existing investors
gets 20% discount
automatically.
$1,000,000
Round closes
28th February 2022
30%Engineering
40%
Business
Development
30%Operations

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Terms & Conditions
‣SAFE note
(Ycombinator
standard) - click this
link for draft.

30. Bridge Deck (Fund-raise 2022 $1m) 30
Management Team
Dare
Odumade

CEO | Founder
Samuel
Ukhueleigbe
CTO | Co-Founder
Tosin
Adelowo
CMO | Co-Founder
Nsikan
Utuk
Head of Growth
Abdulquadri
Sotomiwa
Product Manager

31. Chekkit Proposal for Dangote Cement 31
Thank You!
Dare Odumade (CEO)

[email protected]
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