| Nivel | Tamaño | Base |
|---|---|---|
| TAM Global | $3.59B (2033) | Grand View · CAGR 36% |
| SAM Europa regulada | €6-8B (2028) | AI Act + DORA + EBA |
| SOM 5 años | €150-250M | <3% SAM · 8 verticales |
| SOM Año 3 | €4.8M ARR | 220 clientes · ~2% SOM |
| Capacidad | NOUS | Credo AI | Holistic AI | IBM OpenPages | Big Four | MLOps tools |
|---|---|---|---|---|---|---|
| Motor determinista patentado | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Hash criptográfico verificable | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Cadena artefactos inmutable | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Cobertura AI Act+DORA+EBA+GDPR | ✓ 7+ | Parcial | Parcial | Parcial | ✓ | ✗ |
| Multi-vertical sin reingeniería | ✓ 8V | ✗ | ✗ | Lim. | Manual | ✗ |
| Independiente del modelo LLM | ✓ | Parcial | Parcial | ✗ | ✓ | Parcial |
| Margen bruto | >80% | Bench: 75-85% |
| LTV/CAC | 32x | Bench: 8-15x |
| CAC payback | <6 meses | Bench: 6-18m |
| NRR | >110% | Bench: 100-120% |
| Rule of 40 | 88+ (A3) | Target: >40 |
| ACV enterprise | €75-200k | Bench: €50-500k |
| Prototipo v1.4.0 | ✓ 15.417 líneas · HTML autónomo |
| Motor M5 [35-99] | ✓ 5 dim × 4 obj × calibración |
| Patente OEPM | ✓ patente solicitada |
| NOUS GS SL | ✓ Constituida · Valencia |
| NDAs firmados | Conversaciones activas banca |
| Data Room | ✓ 40 DOCX + 49 HTML |
| TRL Status | 4+ completo · 5 en ~60 días |
| Vertical | Proto. | Validación | Entrada |
|---|---|---|---|
| Banking | v1.4.0 | ✓ VALIDADO | ACTIVO |
| AAPP | v2.0 | ✓ VALIDADO | Q3 2026 |
| AEAT | v2.0 | ✓ VALIDADO | Q3 2026 |
| Energía | v1.0 | ✓ VALIDADO | Q4 2026 |
| Health | v1.0 | ✓ VALIDADO | Q1 2027 |
| HR | v1.0 | ✓ VALIDADO | Q1 2027 |
| LLM/GPAI | v1.0 | ✓ VALIDADO | Q2 2027 |
| Defensa | v1.0 | ✓ VALIDADO | Q2 2027 |
| VioGen | v1.0 | ✓ VALIDADO | Q3 2027 |
| IDF Resilience | v1.0 | ✓ VALIDADO | Q3 2027 |
| Vertical | Marcos regulatorios | Deadline | Prototipo | Est. ACV |
|---|---|---|---|---|
| ■ Banca | AI Act Anexo III + DORA + EBA MRM + MiFID II | AGO 2026 | v1.4.0 ✓ | €15k–50k/m |
| ■ Sector Público | AI Act + ENS + LCSP + NIS2 | 2026-2027 | v2.0 ✓ | €10k–30k/m |
| ■ AEAT | AI Act + RGPD + LGT + ENS + NIS2 | 2026-2027 | v2.0 ✓ | €10k–30k/m |
| ⚡ Energía | NIS2 + CER + IEC 62443 + AI Act | 2026-2027 | v1.0 ✓ | €8k–25k/m |
| ■ Salud | AI Act + MDR/IVDR + ISO 14971 + GDPR Art.9 | 2026-2027 | v1.0 ✓ | €12k–40k/m |
| ■ RRHH | AI Act Anexo III.4 + GDPR Art.9+22 + Ley 15/2022 | 2027 | v1.0 ✓ | €5k–15k/m |
| ■ LLM/GPAI | AI Act Arts.51-56 + Liability Directive | 2027-2028 | v1.0 ✓ | €0.01/eval |
| Métrica | A1 | A3 | A5 |
|---|---|---|---|
| Revenue | €400k | €4.8M | €18M |
| EBITDA | -€440k | +€720k | +€6M |
| Margen EBITDA | -110% | +15% | +33% |
| Clientes | 3-5 | 45-60 | 180-220 |
| Headcount | 2-4 | 18-25 | 45-60 |
| Partida | € | % | Detalle |
|---|---|---|---|
| PRODUCTO | €600k | 60% | |
| Sr Backend Eng. | €90k | M5-M6 · 8m | |
| AI/ML Engineer | €60k | M8-M9 · post TRL 5 | |
| DevOps/Security | €80k | M6 · ISO 27001 | |
| Cloud AWS EU | €60k | 12m · Frankfurt | |
| GTM | €200k | 20% | |
| Head Sales | €90k | M4 · OTE €60-80k | |
| Eventos | €40k | 5-7 eventos | |
| OPS+LEGAL | €200k | 20% | |
| ISO 27001+SOC 2 | €50k | M8-M12 | |
| Legal+IP | €40k | Patente+NDAs+DPAs |
| Escenario | Revenue A1 | NEOTEC | Runway |
|---|---|---|---|
| Peor caso | €0 | No | 18 meses |
| Sin NEOTEC | €200k | No | 22 meses |
| Base | €400k | €250k | 28+ meses |
| Capital buscado | €1.000.000 |
| Valoración pre-money | €4.000.000 |
| Dilución | 20% |
| Instrumento | Equity directo / SAFE |
| Cierre objetivo | Q2 2026 |
| Runway resultante | 18-28+ meses |
| Escenario | ARR A3 | Múlt. | Val. Seed | MOIC |
|---|---|---|---|---|
| Pesimista | €1.5M | 8x | €12M | 2.4x |
| Base | €4.8M | 10x | €48M | 5.8x |
| Optimista | €6.5M | 12x | €78M | 15.6x |