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Wesley Montague • Founder/ Chief Executive Officer / Manager
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Dan Barker • COO / Manager
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Chris Chiozza • Chief Technology Officer / Strategic Advisor
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*Information from Conner Industries (Source)
OVERVIEW
At Ship It Pro, we aim to help shippers, receivers, carriers, insurers, industry associations, packaging engineers, and government agencies protect their shipments from damage. Our AI-powered technology helps customers make data-based decisions using a single API and responsive dashboard to reduce freight claims by preventing shipment damage before it occurs. With our innovative technology and experienced team, we believe we are well prepared to provide real solutions to the logistics space.
The Problem & our Solution
Shipping-related damages cost companies approximately $240 billion each year (Source | Source | Source). Many of the current market solutions focus on selling customers large amounts of dunnage (blocking and bracing products). Rather than solving the root of the problem, the damage done to cargo during transit, these companies simply sell more dunnage.
*Images are computer-generated demo versions. Product is still currently under development.
Our dashboards are designed as a single pane of glass and provide data-driven insights and prescriptive recommendations to reduce cargo damage. Our Transportation Damage Management System (TDMS) will implement standard operating procedures that adhere to rules and regulations for all shipping and receiving docks, providing companies with real time feedback, continuous quality control, and ride quality analytics.
The Market & our traction
Supply chain issues are a leading concern in the news today. We see our total attainable market as approximately $200 billion, encompassing the Insurtech and FreightTech segments (Source, Source). In phase two, we plan to expand into FinTech, RegTech, and Business Intelligence for an additional TAM of $300 billion (Source | Source).
*App is currently in development and not available on the market.
We have run a successful proof of concept trial, and we have filed a patent for our technology. Our newest leadership team members, CTO Chris Chiozza and Advisor Ken May, bring decades of experience and deep connections in the logistics space. We have received enthusiastic responses from multiple major companies, including Milwaukee, Singer, Norfolk Southern, Favley Marine Insurance, Kellogg, J.B. Hunt, and more.
why invest
*App is currently in development and not available on the market.
We plan to initially market to cargo insurance companies to set a new standard for shipment safety for the many companies who will benefit from our product. With our patented technology, enthusiastic partnerships, and experienced leadership, we are perfectly positioned to deliver a niche, essential impact on the supply chain. Join us as we secure shipment safety in the massive multi-billion dollar FreightTech and InsurTech markets.
Maximum Number of Shares Offered subject to adjustment for bonus shares
06.16.23
Dear Esteemed Investors,
I. Introduction //
I hope this letter finds you all well and enjoying summer. It's with immense pleasure and a profound sense of accomplishment that I write to you today, updating you on the remarkable strides we've taken at Ship It Pro. Thanks to your faith in us, we've been pushing boundaries, innovating, and transforming our ambitious vision into a concrete reality.
II. Company Progress //
Your investment has propelled us to achieve a robust completion rate of 55.66%, maintaining a lean +3.7% variance from our ambitious projections. The collaborative synergy with Jump Growth/OTS has not just met, but exceeded our anticipations, leading to tangible advancements. This journey of progress and development has widened our horizon, unveiling potential for novel applications and product enhancements that promise to revolutionize the sector.
III. Financial Update //
Our financial vitality continues to strengthen, with a disciplined burn rate and a solid roadmap for future funding. Our meticulous financial team, with their astute management and strategic insight, ensures our journey through the financial landscape is navigated with wisdom and foresight, maximizing growth while safeguarding stability.
IV. Product Update //
The technological components of our product are undergoing rapid advancement. The progress with our proprietary loading and stacking algorithms, and the seamless integration of the Unity 3D engine into our TDMS, is nothing short of revolutionary. Utilizing the principles of gamification, we're crafting an application that's highly intuitive, efficient, and engaging for users. I'm delighted to attach a confidential first look at our impressive progress. I urge you to delve into the wonders of the 3D engine and rendering in the Transportation Damage Management System - a testament to what your invaluable investments have made possible. FIRST LOOK LINK
V. Marketing and Sales Update //
Our diligent marketing and sales teams have been identifying and pursuing high-impact opportunities. The engaging conversations with potential partners, along with keen interest shown by shippers, receivers, insurers, and carriers in piloting and implementing our TDMS MVP, serve as strong indicators of our product's emerging market acceptance and competitive advantage.
VI. Intellectual Property Update //
Our patent attorneys have been working tirelessly to refine our non-provisional patent based on the specific guidance provided by the examiner at the USPTO. Securing this patent will deliver a powerful competitive edge and further our position as an industry innovator.
VII. Future Outlook //
With an unwavering vision, we're setting the stage for launching alpha testing in July. As we prepare to embrace new challenges and seize fresh opportunities, we remain deeply committed to delivering cutting-edge innovation and unprecedented value to our customers.
VIII. Conclusion //
Your continued faith and generous investment in our mission have been nothing short of inspiring. The overwhelmingly positive response from the field stands as testament to the transformative impact we are making in the shipping industry. As we continue this exciting voyage into the future, we remain steadfast in our commitment to keep you apprised of our milestones, achievements, and innovations.
Thank you for your unwavering support. We're excited to continue sharing our journey with you as we turn the pages of this new chapter in shipping industry innovation.
Best Regards,
Wes Montague
CEO, Ship It Pro
03.24.23
Dear Investors,
I am writing to express my gratitude for your continued support and confidence in Ship It Pro. Our team is committed to revolutionizing the transportation industry, and we're thrilled to report significant progress towards our goal with the Transportation Damage Management System (TDMS).
I. Company Progress //
Since our last update, we have made significant strides with the TDMS. As of now, we are at 27.84% of our project status, and we expect to start our alpha testing around July 15th, 2023. The detailed design phase has been instrumental in identifying areas of improvement, and we are grateful for the invaluable feedback from our potential clients and partners.In addition, we are continuing to make headway with protecting our intellectual property. Our attorneys are confident that we'll have this wrapped up with the USPTO by the end of Q2 2023, barring any unforeseen hiccups.
II. Financial Update //
As a pre-revenue SaaS company, we understand the importance of managing our financial resources effectively. We're pleased to report that we have used funds from our recent investment round to make significant progress on our TDMS development. Specifically, we've invested in cutting-edge technology to support the development of sophisticated AI algorithms, enhancing the performance of the TDMS.
III. Product Update //
Ship It Pro's TDMS is designed to aid in the prevention of incidents such as train derailments, load shifts and cargo damage by providing proper planning, securement, checks and balances, tracking, and real-time feedback. We are proud to share that our data science team is making tremendous progress in securing data for testing and refinement. The sophisticated AI algorithms that we are developing will run simulations and score loading patterns based on performance, allowing us to detect anomalies and provide recommendations on the best loading plans and securement methods.
IV. Marketing and Sales Update //
We understand the importance of showcasing our products and services effectively. As such, we are updating our website and marketing materials to better reflect the value that Ship It Pro provides. Our team is working hard to ensure that we put our best foot forward when we're ready to take on the masses, and we're confident that these updates will make a significant difference.V. Future Outlook //At Ship It Pro, we're committed to delivering value and achieving success. Our future goals include expanding our product line and further establishing ourselves as a leader in the transportation industry. We're confident that our TDMS will have a positive impact on the industry, and we're excited about the future.
VI. Current Events //
Let me share a bit of insight into the current landscape of transportation safety within the supply chain. As you may be aware, we are starting to see instances in the news of train derailments. Train derailments in the past were not advertised in the media. Nobody wants to raise their hands when instances like this happen. Data that has previously been hidden from the public eye shows us that derailments are happening on average 1,475 times per year. A new focus on rail safety has come about due to the catastrophic derailment of hazardous materials experienced in Ohio.
All areas of rail safety are being examined under a microscope by federal investigators, regulators and the National Transportation Safety Board (NTSB). This has brought national and global attention to our rail systems as well as other branches of the Department of Transportation. Shipments of cargo in intermodal trailers and containers that eventually end up traveling by rail are an important focus as well. Bad tracks, faulty equipment, outdated safety detection devices, obstacles on tracks and human error are just some of the causes of derailments. Another factor that can lead to derailments or leaning loads is product shifting and moving during transportation. Thousands of pounds of cargo, when not properly blocked and braced, can shift in transit leading to derailments or other safety risks of both hazardous and non-hazardous commodities. This is one of the big touch points of our TDMS. Proper planning, proper securement, checks and balances, tracking and real time feedback is going to be a huge win for all modes of transportation using our system.
These recent reports bring SIP’s TDMS into the spotlight as a new technology, standard operating procedure and safety system with real time feedback to aid in mitigating these risks.
VII. Conclusion //
We want to express our appreciation for your continued support of Ship It Pro. We are confident in our ability to achieve our goals and make a positive impact on the transportation industry. Please don't hesitate to reach out to us at hello@shipitpro.com with any questions or feedback.
Wesley Montague
CEO, SHIP IT PRO
629-219-6642
02.09.23
Dear Investors
On behalf of myself and the Ship It Pro team, I want to express my gratitude for your help and support during our fundraising campaign here on StartEngine. Your support means the world to me and I sincerely thank you all from the bottom of my heart.
Right before the launch of this campaign, Dan Barker and I compared our thoughts as to what a successful campaign would look like for Ship It Pro at this early stage of the game. We agreed that $50,000 - $75,000 would be a successful campaign after all the hard work and time we put into preparing for it.
Today I am proud to announce that due to the support of our friends, family and our new friends from the StartEngine investor network , we were able to bring in over $115,000! This is a very healthy seed for success right out of the gate.
Thank you for your trust, support and for coming along on our mission to reduce cargo damage and freight claims.
On another exciting note:
We had our official kickoff meeting this morning to commence development of our Transportation Damage Management System with our development partners at JumpGrowth.
We were introduced to all of the team members as well as their individual roles that will aid in the successful deployment of our system. I was blown away at the level of talent and understanding they presented.
I had the opportunity to address the entire team at JumpGrowth and share the vision of SIP. I truly believe we have the right people in place. They were able to reiterate and refine the objectives that I shared, and showed me a complete understanding of what we want to build and the need for our product. I am proud to be working with this group of talented individuals and excited to be working closely with them over the next few months and beyond.
I am looking forward to an exciting and successful 2023 for SIP and I wish all of you the same excitement and successes throughout this year.
Wesley Montague
Founder & CEO
Ship It Pro
Feel free to reach out to us anytime at Hello@ShipItPro.com with thoughts, feedback and questions. We will continue to keep you posted as the excitement builds.
01.11.23
Dear Investors,
We are excited to announce that JumpGrowth, a leading technology company based in Allen, Texas, has been selected as our technology partner to help us launch our minimum viable product (MVP).
JumpGrowth will be using Flutter, a powerful open-source development platform, to bring our MVP to both web and mobile platforms.
This choice gives Ship It Pro the flexibility to leverage other industry standard technologies and "plug in" as we uncover other customer needs, whether they be industry requirements or internal process improvements. Other companies that have successfully used Flutter include BMW, CrowdSource, eBay, Alibaba, and iRobot.
We believe that JumpGrowth is the perfect partner to help us bring our MVP to life, and we are excited to begin working with their team. We are confident in our choice of Flutter and the ability to exploit API's available from inside Flutter to external vendors.
We will keep you updated on our progress as we move forward with this exciting project.
Sincerely,
Chris Chiozza
CTO
Ship It Pro
12.20.22
Dear investors,
We are pleased to announce that our patent application for Transportation Damage Management System has received favorable review by the USPTO. This is a significant milestone for our company and a testament to the innovation and hard work of our team.
The future approval of this patent will allow us to transform an industry and reduce cargo damage and freight claims. It will also provide us with strong intellectual property protection, which will help us to defend our technology against potential competitors.
We believe that this patent approval is a major step forward for our company and will help to position us for long-term success in the logistics industry. We are excited about the opportunities that this will bring and look forward to updating you on our progress in the coming months.
Thank you for your continued support.
Sincerely,
Wes Montague
12.07.22
Ladies and Gentlemen, we’ve had an incredible start to our capital raise, and WE ARE JUST GETTING STARTED!
I want to give a heartfelt thank you to everyone who invested during this first week. Your support means more than you will ever know. This early momentum is a springboard for great things to come.
Those that have not, or on the edge of investing, I invite you to JOIN US in reducing cargo damage, freight claims and financial risk. Ship It Pro COO, Dan Barker, will be hosting a brief presentation to share the vision of the organization and ask questions to better determine if an investment makes sense for you. Please reach out via email (hello@shipitpro.com) to be added to the list for an invite.
We have had some exciting developments and discussions over the last two weeks of potential partnerships with companies who are aware of the need and are excited for SIP solutions. We will continue to qualify each opportunity and dialogue with those that provide the most value to maximize your investment. Second, SIP CTO, Chris Chiozza, will meet with our development partner next week to begin development of our Transportation Damage Management System.
Last, I am very excited to share the news of our first partnership with SalesFlex, LLC of Memphis, TN.
“Please let this email serve as an enthusiastic letter of intent to work with Ship It Pro to serve ourselves and our clients. SalesFlex has engaged in talks of a partnership with our reverse logistics group based in Memphis, TN (SalesFlex, LLC) to align offerings with Ship It Pro. With consumer product returns and damaged cargo shipments being at an all-time high with no outlet for the returned items besides warehouses, secondary retailers, landfills or recycling centers it makes sense to examine the issues at the receiving docks and work backwards to find a way to prevent this from happening for customers. Shipment analytics, proper shipping and load techniques driven by technological solutions can make a true difference in a company’s bottom-line. The amount of damaged of returned items going to landfills has increased from 4 billion lbs. to almost 10 billion lbs. from 2016 to 2021. Providing customers with solutions with damage shipments is a critical component to increasing value and supply chain concerns. SalesFlex is excited to align with Ship It Pro.”
Kyle Zehring
SalesFlex, CEO
Wesley Montague
SHIP IT PRO
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William Tisdale
3 years ago
Hi Wesley, do you plan on extending this campaign?
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