Atmos Home

Atmos Home

Simplifying the Smart Home

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Security Type
Convertible Note
Categories
Other
Min Investment
$250
Location
Brooksville, FL
Offering Date
October 29, 2019
Expected Close Date
July 28, 2020
Target Raise
$10.00K-$535.00K
Deal Notes

$1.00 per share

Discount Rate: 20.0%

Annual Interest Rate: 5.0%

Company Description

Atmos is on a mission to simplify the smart home. Managing multiple smart devices has become a confusing headache. Atmos solves this problem with its award-winning smart home control system, or hub, that manages all of your connected devices and eliminates the need to flip through endless apps. Simply put, it’s like a universal remote control for the smart home.

Perks

Invest $250+ 10% off your first purchase from the Atmos Home e-commerce store
Invest $500+ 20% off your first purchase from the Atmos Home e-commerce store
Invest $1,000+ 20% off your first purchase from the Atmos Home e-commerce store + additional 40% bonus interest on the convertible note totaling 7% AIR
Invest $3,000+ First batch AtmosControl device + 40% bonus interest. 1 new AtmosControl device from the first batch of production units + additional 40% bonus interest on the convertible note totaling 7% AIR
Invest $10,000+ AtmosControl Beta access + first batch device + 60% bonus interest. Immediate delivery of an AtmosControl Beta unit and inclusion into the private Beta + 1 new AtmosControl device from the first batch of production units + additional 60% bonus interest on the convertible note totaling 8% AIR
Invest $30,000+ AtmosControl Beta access + 3 first batch devices + 100% bonus interest. Immediate delivery of an AtmosControl Beta unit and inclusion into the private Beta + 3 new AtmosControl devices from the first batch of production units + additional 100% bonus interest on the convertible note totaling 10% AIR
Invest $100,000+ AtmosControl Beta access + 3 first batch devices + 140% bonus interest + visit and dinner with the team. Immediate delivery of an AtmosControl Beta unit and inclusion into the private Beta + 3 new AtmosControl devices from the first batch of production units + trip to Florida to tour the facility and have dinner with the team + additional 140% bonus interest on the convertible note totaling 12% AIR (transportation and lodging included)

Key Deal Facts

Award-winning technology – Privacy-focused voice-activated smart home control, winner of the Residential Systems Award at the Consumer Electronics Show, and featured in ABC, CNET, Digital Trends, TechRadar, and others.
Proven team – Our team has developed technology solutions for NASA, designed 2 of “Oprah’s Favorite Things”, built millions of devices critical to high-speed data infrastructure, and our founder led his previous startup to a $24M exit.*
Explosive market – The smart home market is projected to reach $135B by 2023 with smart home devices outnumbering smartphones worldwide by 2021. With over 1000 customers in 28 countries, we have already proven significant demand in the marketplace.

Use of Proceeds

StartEngine Platform Fees: 3.5%

Marketing: 23.5%

Research & Development: 35%

Inventory: 10.0% 

Capital Equipment: 8.0% 

Operations: 20% 

Management Team / Advisory Board Bios

Mark Lyle
Founder & CEO
Mark has spent over 20 years in the tech hardware industry. Previously, he was co-founder of a wireless device developer/manufacturer and led it to a $24M acquisition.

Chris Ladwig
Co-founder & Chief Design Officer
Chris is a multi-award winning product and branding designer. His work has been featured in the leading design publications – even designing 2 of “Oprah’s Favorite Things.” Chris works full time with Atmos Home, 40+ hours per week.

Dean Gebert
Chief Marketing Officer
Dean is a Product and Marketing Executive with nearly 20 years of launching, advising, and scaling startups and companies. Fortunate to have 3 exits as a Co-Founder, or member of the Executive Team. Dean works full time with Atmos Home, 40+ hours per week.

Nicholas Gordon
Lead Developer
Nicholas is an accomplished, full-stack developer, having built and launched a variety of platforms and products, including applications and cloud API's that are still in use by the retail, law enforcement, and defense industries. Nicholas works full time with Atmos Home, 40+ hours per week.

John Boone
Industrial Engineering Manager
John has spent many years as an industrial engineering professional, with major accomplishments in the commercial and aerospace sectors, including significant contributions to NASA projects.

Deal Notes

$1.00 per share

Discount Rate: 20.0%

Annual Interest Rate: 5.0%

Amount Raised : $1,416,279
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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