Zeen by Exokinetics Inc.

Revolutionary mobility invention for those held back by disability or age

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Security Type
Preferred Stock
Min Investment
$1,000
Location
WEST CHESTER, PA
Offering Date
September 18, 2022
Expected Close Date
March 18, 2023
Target Raise
$25.00K-$5.00M
Security Price
$1.21
Valuation
$25,000,000
Website
gozeen.com
Number of Employees
6
Cash
$594,820
Revenue
$0
Short Term Debt
$107,749
Cost of Goods
$0
Long Term Debt
$1,164,761
Net Income
$-2,262,253

Company Description

One-in-seven of us are at risk of losing mobility due to a number of causes including illness, age or injury. Mobility loss erodes independence, restricts daily activities, and can bring on health complications ranging from infections to depression.Over 47,000 Americans are treated each year for falls while using a walker or cane. And the ability to stand comfortably and safely -- something few mobility aids can offer -- has been found to be beneficial for cardiac, circulatory, muscular, digestive, and even psychological fitness as one can remain eye-to-eye in social situations.Hall-of-Fame inventor Garrett Brown – father of the Steadicam and Skycam, which revolutionized moviemaking and sports broadcasting – watched his own parents struggle with walkers (described as “slow", "in-the-way", "not cool”) and wheelchairs (“a one-way ticket to not walking”) and knew something serious was missing. In 2015, Brown and partners founded Exokinetics, Inc. to pursue their vision for mobility technology: weightless transition between seated and standing, safe strolling and coasting, sociable relaxing in ‘barstool mode’, and hands-free access for lifestyle tasks.A unique invention, the Zeen® uses proprietary technology to help users get up-and-about and moving with confidence.After six years of development, the lightweight, folding Zeen began shipping to customers in March 2022. Users have described it as “life-changing”, “unlike anything I have ever experienced”, and simply a “better way of life.” Demand from initial marketing efforts has outpaced the company’s manufacturing capacity.Future products planned by Exokinetics include pediatric Zeens and unique devices for patient-lifting and transport.

Perks

BONUS PERK: Anyone who invests by Friday, December 9th, at 11:59pm ET will receive a 5% discount on a Zeen with free shipping (anyone who qualifies for a perk tier will receive an additional 5% off) 

Anyone who invests between $5,000-$24,999 will receive a 10% discount on a Zeen with free shipping

Anyone who invests between $25,000-$49,999 will receive a 30% discount on a Zeen, free shipping, free car-lifter + cupholder

Anyone who invests between $50,000-$249,999 will receive a free autographed black Zeen, free shipping, free car-lifter, travel case + cupholder, and video factory tour with Garrett Brown

Anyone who invests $250,000+ will receive a free Zeen of any custom color, free shipping, free car-lifter, travel case + cupholder, plus an in-person factory tour and lunch with Garrett Brown – or Zoom get-together and tutorial

It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

Please note that due to share price calculations, some final investment amounts may be rounded down to the nearest whole share - these will still qualify for the designated perk tier. Additionally, investors must complete the online process and receive an initial email confirmation by the deadline stated above in order to be eligible for perks.

Key Deal Facts

Founded by Garrett Brown, famous inventor of the Steadicam, Skycam and other industry-transforming inventions; and inductee into the National Inventors Hall of Fame

Investors include strategic investor Select Medical and Founders Fund

Patented, differentiated technology allowing users to sit, stand, move and rest all while supported

Case studies and testimonials from users have describe the Zeen as "life-changing" and a "better way of life"

Portfolio of one issued and four pending patents managed by founder Garrett Brown, an experienced inventor with over 100 issued patents worldwide

Management Team / Advisory Board Bios

Dillon Jenkins
Production & Quality Control Manager

Daniel Lefebvre
Lead Technical Sales Engineer
Amount Raised : $218,944
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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