October 15, 2018, LOS ANGELES – Pepperdine Graziadio Business School announced that System Surveyor ranked #4 on its first annual Most Fundable Companies List. System Surveyor competed against thousands of early-stage U.S. companies with less than $10 million in annual revenue to be named one of the most fundable companies. The Most Fundable Companies initiative is designed to bridge the gap between startups and the capital they need to succeed.
“As an emerging growth company with big ambitions, this recognition validates the enormous response that we’ve had from our target market and brings us a step closer to achieving market leadership,” said Christopher Hugman, Founder and CEO of System Surveyor. “The Most Fundable Companies initiative is timely for us and has provided the data-driven analysis and roadmap to secure private investment. With entrepreneurship as the lifeblood of the U.S. economy, we’re thankful that the Pepperdine Graziadio Business School provides a platform to showcase our business and put a foundation in place for success with investors.”
With the exponential growth of the Internet of Things, System Surveyor founders Chris Hugman and Maureen Carlson knew that the way systems were conceived, designed, installed, and maintained would not scale. The old method of using paper floor plans and cell phone photos to gather site information for a building or campus is cumbersome, frustrating, and inefficient. To solve the problem, System Surveyor revolutionizes the process with a digital, visual map of IoT assets on a laptop or mobile tablet allowing the professionals who design systems to work collaboratively with customers to understand their needs.
As a winner on Most Fundable Companies List, System Surveyor will be profiled on Entrepreneur.com and will be featured in the November print issue of the magazine.
The Most Fundable Companies initiative involved a multi-phase assessment that evaluated several company variables including financial projections, market opportunity, intellectual property and the strength of the management team, all of which were used to produce a fundability score. The top 15 companies were selected in partnership with The Venture Alliance (TVA) based on their readiness for private investment. Honorees on the inaugural list are located across the country and come from a variety of industries including telecommunications, blockchain, and construction.