UpLyft

UpLyft

The 1st FDA-compliant self-transfer system for people between bed and wheelchair.

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Security Type
Convertible Note
Categories
Other
Min Investment
$8
Location
San Francisco, CA
Offering Date
August 07, 2020
Expected Close Date
November 05, 2020
Target Raise
$50.00K-$1.07M

Company Description

UpLyft™ is the first known FDA-compliant Self Transfer System (“STS”) from bed to wheelchair for people with limited mobility. In 1 minute, a person can self-transfer him/herself with UpLyft™ from a flat (supine) position in bed into their wheelchair or vice versa. UpLyft™ replaces slings, body boards, and other inferior “lift to stand” mechanisms that require nursing assistance and physical force to transfer individuals with mobility challenges.

Perks

Invest $1,000+ for Complimentary UpLyft mask, hand sanitizer & stress ball
$5,000+ Complimentary UpLyft mask, hand sanitizer, stress ball and water bottle; Opportunity to connect with the UpLyft Founder or CEO
$10,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO; 10% discount coupon for an UpLyft purchase*
$25,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO; 20% discount coupon for an UpLyft purchase*; Complimentary installation of UpLyft and hoist (if applicable)
$50,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO, 25% discount coupon for an UpLyft purchase*; Complimentary installation of UpLyft and hoist (if applicable); An afternoon with the CEO, including a tour of the UpLyft manufacturing facilities, a product demonstration and a trip to the beach in San Diego! (flight/lodging not included)
Invest $1,000+ for Complimentary UpLyft mask, hand sanitizer & stress ball
$5,000+ Complimentary UpLyft mask, hand sanitizer, stress ball and water bottle; Opportunity to connect with the UpLyft Founder or CEO
$10,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO; 10% discount coupon for an UpLyft purchase*
$25,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO; 20% discount coupon for an UpLyft purchase*; Complimentary installation of UpLyft and hoist (if applicable)
$50,000+ Full swag kit; Opportunity to connect with the UpLyft Founder or CEO, 25% discount coupon for an UpLyft purchase*; Complimentary installation of UpLyft and hoist (if applicable); An afternoon with the CEO, including a tour of the UpLyft manufacturing facilities, a product demonstration and a trip to the beach in San Diego! (flight/lodging not included)

Key Deal Facts

Founder is a triple-degree engineer from MIT with over 35 years of experience in the industry.

UpLyft has 12 patents issued (3 U.S and 9 foreign) with 9 patents pending.

$19.6B Total Available Market. At-Home Consumers + Hospitals/Institutions.

UpLyft secured $100K investment as winner of the 2019 MyEO Angel Shark Competition in Denver, CO.

By investing in UpLyft, you can make a positive direct social impact for people in a health crisis.

Already have sales demand (via website, email, phone) for orders. Your investment builds inventory!

If we raise $500K by Sept 1st, we can start shipping orders to patients by holiday season.

Use of Proceeds

If $50,000 raised:

Manufacturing, Research and Development, Wefunder Fees.

 

If $500,000 raised:

Manufacturing (Sales Units), Marketing (social, e-commerce), Wefunder Fees.

 

If $750,000 raised:

Manufacturing (Sales Units), Marketing (social, e-commerce, customer service), Wefunder Fees.

Management Team / Advisory Board Bios

Craig Misrach
President & Board Member
Craig is a 20+ year executive with a decade of CEO experience. In 8 years at Freedom Meditech, Craig generated $45M in enterprise value as Chairman & CEO (sold in 2016). Craig began his career at Deloitte and has an MBA from University of Virginia.


Anton Simson
Founder & Chief Technology Officer
Anton has worked for 35 years in the aerospace industry at General Dynamics, McDonnell Douglas, L3, and then as a private consultant. He has a BS, MS and PhD from MIT, as well as an MBA from Wharton.


Todd Simson
VP Engineering & Manufacturing
Todd has worked for 20 years in new product design and manufacturing. He currently is head of design and manufacturing for the Corporate Refreshment Co. He is a successful inventor with multiple electro-mechanical patents and holds a BS from MIT.
Amount Raised : $222,328
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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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