Graff Golf

Graff Golf

A smart golf ball that records shot data and generates actionable insights

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Security Type
SAFE
Categories
Other
Min Investment
$15
Offering Date
November 30, 2019
Expected Close Date
February 28, 2020
Target Raise
$20.00K-$100.00K
Deal Notes

$1.00 per share

25.0% discount

$25K+ pro rata right threshold

Company Description

We produce smart golf balls. When you hit a Graff Golf smart golf ball, the shot data is recorded to your profile on our smartphone app. The app analyzes the data and generates actionable insight on how you can most efficiently improve your game. Using the app, you can see potential issues in your swing, what is likely causing them, and useful drills and videos to improve. The more shots you hit, the more accurate the analysis becomes.

Perks

Invest $500+ Receive a Graff Golf Polo!
$1,000+ Receive the previous perk and test one of the prototype Graff Golf Balls!
$2,500+ Receive the previous perks and play a round/test the first Graff Golf Balls with the founders!

Key Deal Facts

Golf is a massive market with 23M annual participants and 8.8M "avid" golfers across the US. The average golfer spends ~$3K each year.
Product development is being carried out by Johns Hopkins engineers, a development team based out of MIT, and experienced professionals.
There is currently no smart golf ball on the market that can be used with any club other than a putter.
Electronics can easily be implemented into parallel markets such as baseball, softball, soccer and tennis.
We have the opportunity to fundamentally disrupt how golfers improve their game by leveraging data they didn't previously have access to.
Lead Investor: A private investor invested $10,000

Use of Proceeds

If $20,000 is raised:

70%: development and testing 22.5%: marketing through paid ad spend on social media 7.5% towards Wefunder intermediary fee

If $100,000 is raised:

50% towards initial inventory 30% towards development and testing 12.5%: marketing through paid ad spend on social media and conference attendance 7.5%: Wefunder intermediary fee

Management Team / Advisory Board Bios

Aaron Shapiro
Chief Executive Officer
Aaron is an economics major and is experienced in business. He has started and grown multiple ventures of his own.

Michael Eberle
Chief Technology Officer
Mike studies computer science and has years of experience in full-stack development. He has gained experience through multiple internships and has already released a mobile app using our tech stack.

Patrick Kelly
Vice President of Product
Patrick is pursuing an electrical engineering degree and has experience in PCB development. He has worked closely with his professors and with professionals during internships to broaden his skills and gain experience.

Deal Notes

$1.00 per share

25.0% discount

$25K+ pro rata right threshold

Amount Raised : $54,555
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Security Description

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