Onsite ERT gives incident commanders a complete, real time view of a fire scene. The company estimates the addressable US market at $1.3B.
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ERT Systems provides a portable and rapidly deployable system for tracking personnel and equipment at incident sites. In this elevator pitch, we learn the following from Dennis Carmichael, ERT's co-founder and president:
- The ERT tracking system uses RFID technology with hardened drop readers and small form factor tags that are placed in clothing and equipment.
- The company estimates that its addressable market is $1.3B and that it will achieve 10% market penetration in five years.
- The company has a $6 MM pipeline in sales and is in the process of signing up three resellers.
- To help maintain a high growth rate, ERT is seeking one million dollars in additional equity funding.
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