Zonetail Company Research Report
Company Overview
- Name: Zonetail Inc.
- Mission of the Company: To provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services.
- Founded: Zonetail is a continuation of a legacy business called Kingsway Agencies, which started in 1960.
- Key People:
- Mark Holmes, President and CEO
- Errol Farr, CFO
- Ken Singh, VP Business Development/Operations
- Grant Rickhoff, CTO
- Board of Directors: Paul Scott, Mark Holmes, William Chip Rogers, Geoffrey Gelb, Errol Farr, David Oliver
- Advisory Board: Anthony Cohen, Asif Khan, David U.K., Tom Tittel
- Headquarters: Toronto, Ontario, Canada
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Zonetail is known for its mobile platform servicing the property-managed residential industry, offering an integrated super app designed for high-rise residents.
Products
- Zonetail App:
- High-Level Description: A mobile platform connecting condo and apartment residents to their home and neighborhood. It allows users to interact with property managers, book amenities, receive notifications, and much more.
- Key Features:
- Book building amenities such as elevators and visitor parking
- Receive push notifications
- Create and track maintenance requests
- Integrated with leading property management software providers
- Provides marketplace access to local stores and services
- Zonetail Marketplace:
- High-Level Description: Connects residents with local businesses, allowing these businesses to market directly to a targeted, engaged audience.
- Key Features:
- Direct access to high-rise residents
- Flexibility to change ads in real-time
- Transactional billing model available
- Location-based targeting
Recent Developments
- First Closing of Private Placement of Shares: On September 27, 2024, Zonetail announced the closing of the first tranche of a non-brokered private placement.
- Partnerships:
- Partnered with Yardi, Shiftsuite, and MRI Software, accounting for an estimated 50 million households across North America.
- Technology and Integrations:
- Zonetail is in final stages of introducing payment processing in partnership with Fortis.
- Continuous innovation and technology upgrades, including integration with Thumbtack for home services.
- Regulatory Updates:
- Zonetail faced and resolved a failure-to-file cease trade order issued by the Ontario Securities Commission due to delays in financial filings for 2023.
Additional Information
- Strategic Goals: Zoned¬ail aims to build a critical mass of users in the high-rise residential vertical through their unique mobile market network model.
- Competitive Landscape: Zonetail distinguishes itself as the first residential super app with versatile functionalities and a location-based service network, unlike competitors such as Google and Yelp, which offer general and unstructured information.
- Revenue Model: Zonetail’s revenues are generated through merchant participation in its marketplace and from transaction-based models for services purchased through the app.
This research report offers a focused view of Zonetail Inc., elucidating key aspects of their business operations, recent activities, and strategic objectives to provide a comprehensive understanding of the company’s market presence and future direction.