FebruaryMore than 5500 companies in Poland and 600 in Portugal are using col.bi

FactSheetBusiness activity: Software for automatic fiscal fraud detection Developer of COLBI, large scale analytics made

easy for Institutions, Corporations and SMEProduct: COLBI provides valuable and rich outputs from

companies accounting and commercial records, based on the Standard Audit Files (SAF-T)

Tax Authorities can ensure tax rules compliance from companies with automatic audit findings, non-compliance notes and fraud detection algorithms

Companies can check their financial “health” and ensure compliance to the tax authority, internal audit and other regulatory entities beforehand

Very simple to use, just drag and drop, analyze, explore and decide; collaborative and cloud based

Advanced technology for complex, high scalability, high performance analysis, including Business Intelligence, Big Data and Data Visualization; deployed as Software as a Service (SaaS) or Platform as a Service (PaaS)Team:

Founded by entrepreneurs with deep expertise in Information Technology, ERP and analytics software, that have been working together for a long time

Experienced team of engineers and financial experts

Opportunity: Increasing efforts from Tax Authorities to ensure

compliance from companies Companies sending non compliant information to

tax authorities, due to ERP complexity and human factors, leading to fines and tax inspection

Other regulators looking for large scale compliance systems

Auditors looking for opportunities to improve their analytics offerings

First mover advantage, product differentiation and defensive roadmap

Achieved milestones: Pre-Series A funding from ASK Capital in 2015 Contract with Portuguese Fiscal Authority with

major deploy in 2016 Ongoing negotiations with Fiscal Authorities from

Austria, France, Luxembourg, UK, Lithuania, Spain and Estonia

Very successful launch in the SME market in Poland, SAGE as distribution channel, 815 SME in 16 weeks, with over 20% weekly growth (Poland market has 650k SME)

Contracts with leading corporations in Portugal (NOS, Delta, Vodafone, Saint-Gobain, BA Vidro, Cabelte)

Distribution contract with BDO Audit Company Ongoing negotiations for global agreement with a

Big 4 Audit company Technology agreement with Microsoft, with close

cooperation globally Winner of IT Future Awards 2016 in Poland, APDC

#2

Market: Tax Authorities that use the OECD SAF-T to

inspect companies (expected 100+ by 2018) Regulators: Stock Markets, National Health Care

Service, Central Banks Auditing companies: Big 4, Tier 2, certified

auditors societies, accountant offices Banking and insurance institutions for credit risk

assessment Corporations and SME (more than 6 million in

Europe)Strategy: Strong focus on R&D and product evolution,

differentiation and leadership Direct deals with Tax Authorities, Regulators,

Banks Agreements with audit partners for distribution

channel for corporations Agreements with SAGE and other large scale

management software companies for global distribution channel for SME

Problem

“A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.”

Wayne Gretzky

The amount of information to be submitted to the tax authorities and regulators will increase every year

Companies must ensure compliance and check their company information prior to their submission ... the risk of paying penalties

and fines is high

The information will be structured by the interoperability standards like the Standard Audit File used in Portugal

Tools must be provided to handle such information and deliver simple and comprehensive output reports ...

Solution

Value Proposition ...The Idea

Provide an easy way to the companies check their financial “health” and ensure compliance to the tax authority, internal audit and other regulatory entities.The idea was to deliver a very straightforward and easy web tool, that can be used by everyone and without any particular training, providing valuable and rich outputs from companies accounting and commercial records.Monthly mandatory data submission to the tax authority, could be checked by our tool, reducing integrity and data compliance errors and generating valuable information for company management team and stakeholders.

Powered by Hadoop® Big Data technology and by

Powerful analyticalplatformfor audit andcompliance

providing a beautiful andsimplevisualization tool

Get data in

apply rules

validate data

audit findings andnon-compliance notes

financial andsales information

Collaboration with the marketwin-win situation

Companies Tax Auditor

Ensure compliance with

TAX AuthInternal Audit

Data Visualization

independently of the vendorsCheck ERP

configurations

Audit Planning

Collaboration

Reduce False Positives

Explore the full data set of the

companies transactions

Reduce tax evasion

Increased number of audits

Ease of use

Improve the system with knowledge

Ensure guidelines compliance

Improve business processes

Market and Competition

No COMPETIONfor now ...

well … a bit of it

HungaryVATsaft

SingaporeIAF

AustriaSAF-T(AT)

PortugalSAF-T(PT)

Luxembourg

FAIAFrance

FECLithuania

iSAFTPoland

JPK

localizations

Similar obligations alreadyexists in Canada and Netherlands

In Belgium, Croatia, Finland, Germany,Norway, Malta, Spain, Slovak Republic,Slovenia and UK, discussions on SAF-Tare already taking place

NorwaySAFTno

Team and Achievments

experienced entrepreneurs …

with tech background

(10) Developers

(4) Support Team (tech and finance)

(3) Business Development team (finance and tech)

Previous / Current Projects / Exits

Ndrive (MEO Drive) - TbT guidance system with more than 2M usersNmusic (MEO Music) – music streaming service with >500k usersCloudware – SaaS ERP with more than 40k customersInfoPortugal – Content providerSoftmaker – SAP ERP integration company

POLAND – Best Cloud Innovation Product of the year 2016IT Future Awards

POLANDBest Cloud Product for 2016Best SME Product - 2016

Business Model/Traction

Poland Sales Growth

W0 W2 W5 W7 W9W11

W13W16

W18W20

W23W25

W27W29

W31W33

-

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

4 500

5 000

Investors/Current CAP

InvestorsPre-Series A round – ASK Celta – pre-money valuation 2 Meur (500k eur investment)

Current CAP and Financials

more than 5800 companies, banks,

consulting firms and Portuguese Tax Authority

are using our Technology

More than 6000 business users using COLBI

Address Edificio OceanusAvenida da Boavista, 3211, S 2.24100-137 PortoPortugal

Phone number   +351 224 951 513

Contact & Support contact.center@petapilot.com

Human Resources hr@petapilot.com Web www.petapilot.com 

on thePRESS

Address Edificio OceanusAvenida da Boavista, 3211, S 2.24100-137 PortoPortugal

Phone number   +351 224 951 513

Contact & Support contact.center@petapilot.com

Human Resources hr@petapilot.com Web www.petapilot.com