Revolutionizing Digital Taxation
en
en
en
en
en
en
Date of Foundation
2021

Revolutionizing Digital Taxation

"Philippines' Taxation Revolution: Advanced Digital Solution"

Contact

The Idea origin story

Brainstrong Technology and Sandvine are addressing the Philippines' lost revenue due to online businesses' untaxed transactions. Lack of infrastructure impedes tax collection, affecting government's service funding. Our solution revolutionizes this with advanced tracking for taxable activities, seamless integration for automatic computation and a secure payment gateway. Enhanced by real-time analytics, our system ensures compliance and boosts revenue collection efficiency.

The Mission

Mission: Enhance online taxation through advanced tech, boosting compliance and government revenue. Vision: Revolutionize Philippines' digital tax space, driving economic progress.

Clients

Brainstrong: Digitalizing tax collection for Philippine's online businesses, enhancing government revenue.

Problems we solve

Client’s problem

Your startup solves the significant problem of lost revenue for the Bureau of Internal Revenue in the Philippines by enabling effective tax collection from online businesses, overcoming technology and infrastructure hindrances.

Confirmation of problem

the Philippines' Bureau of Internal Revenue is losing significant revenue due to uncollected taxes from online businesses.

Solution

Our tech solution enhances online business tax collection through automation, compliance enforcement and evasion detection.

Our technologies

This solution is based on technologies

Brainstrong Technologies leverages Sandvine's cloud-based solutions to optimize network performance, enhance user experiences, and monetize network investments for operators.

How it works

PitchBob’s recommendation: Sandvine uses deep packet inspection for network control, filtering unwanted traffic and enabling real-time monitoring.

Value for the client

Our solution streamlines tax collection from online businesses, fosters compliance, increases government revenue, and promotes economic growth.

Market and strategy

Market size

4B

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

45

% of the market

Is our goal in the next 3 years

Team

My name’s

czarina lagman

My key role in the product

My key role is being a project presenter and I'm responsible for coordinating with government agencies, introducing benefits, ensuring successful implementation.

Team size and key members

Consider adding experts in Marketing, Legal Affairs, UX/UI Design and a Growth Hacker to diversify your team's capabilities.

Competitors

Competitors

Possible competitors could also include established FinTech companies expanding into digital taxation or government agencies deciding to build their technology in-house.

Our Advantages

Sandvine Corp. merges deep packet inspection hardware and network control for supreme internet safety. It filters malware, unwanted traffic, monitors communications in real time, and mitigates privacy breaches while preventing online censorship.

Business model

Brainstrong Technology's solution may yield $5M in year one and potentially reach $20M revenue by year five with a 15% annual growth.

Traction

Our product has garnered endorsements from various government agencies, a testament to our continuous progress and adherence to superior quality standards.

When funds deplete, we'll assess progress and strategize to sustain operations. Strategies may involve revenue generation, new investors, additional funding, or cost-cutting. Focus will be on financial stability and growth with investments directed towards infrastructure, R&D, talent acquisition, and market expansion.

Metrics

its basically a new company.

Our startup monitors key metrics like CAC, CLTV, churn rate, MRR, and product adoption. We've seen a 15% decrease in CAC and 10% increase in CLTV over the past year. Churn is steady at 5%, MRR grows by 8% monthly and product adoption rose by 20% last quarter.

Incorporation

Our company incorporated in

Philippines

Key risks

1. Regulatory changes or new laws that could impact the digital taxation landscape. 2. Resistance from online businesses due to potential increase in tax liability. 3. Cybersecurity threats and data breaches given the sensitive financial information involved. 4. Potential competition from other fintech firms or government initiatives offering similar solutions. 5. Technology risks, such as system failures and inability to scale up quickly enough in line with demand growth.

Investments

$

$200000

We raised investments

Our Investors

Czarina Lagman 60% and Menji Pagao 40%

Rising Investments

$

80M USD

Currently, we are raising investments

$

79800000

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Revolutionizing Digital Taxation
MVP
Date of Foundation
2021