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Smart, solar powered public bathrooms (partnered with cities of DC, NYC, and LA)

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Security Type
Convertible Note
Technology, Other, Financial Services, Healthcare & Medical
Min Investment
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

Overwhelming demand with $25M ARR and $100M+ sales pipeline (not guaranteed) World-class team from Uber, Amazon, Meta, Allied Portable Toilets, UPenn & Stanford Expanding from DC into LA and NY 35,000 flushes and counting! Powered by IoT sensors, touchless fixtures, and data-driven servicing Capturing $5.22 revenue per flush (August) Positioned to capture a $122B market opportunity

Management Team / Advisory Board Bios

Fletcher Wilson Co-founder, CEOSerial entrepreneur. First named on 50 patents. Former InterVene Founder & CEO backed by top VCs and strategics (raised $30M). UPenn, BS Engineering. Stanford, MS Engineering., Jessica Heinzelman Co-founder, COOMarketing and operations whiz. Ex-Meta. VP of Growth at Nivi; grew user base from 50K to 990K. Managed strategic development partnerships with UN agencies. Advised US and UK-backed World Bank projects. Smith College, BA. Tufts, MA., Ben Clark Co-founder, VP R&DHardware guru. Inventor on 70+ patents. Early at 2 MedTech startups - one exit to Medtronic > $800M and an exit to Johnson & Johnson. Specializes in transferring new products from R&D to early production for large-scale launch. Mechanical Engineering, BS., Shyanne Telfer VP of OperationsDesign implementation & supply chain genius. Ex-Uber. 15 years experience working with Fortune 100 companies, unicorns, early-stage startups, and SMEs. Logistics and Supply Chain Management, MSc., Russell Borgmann Head of IntegrationScale Pro. Early product and operations leader at Coinstar. Led cross-functional New Technology Introduction (NTI) and Hardware Product Development teams at Amazon to scale the public launch of Amazon Go "Just Walk Out" cashier-less convenience stores., Tee Valentine Co-founder, AdvisorBusiness mogul. Owner of Allied Portable Toilets. Founder of River City Corp. Board member and advisor to a $400M revenue transportation and logistics company. UNC - Chapel Hill, BA. University of Virginia, MBA., John Epley Co-founder, AdvisorIndustry veteran. Owner of Allied Portable Toilets. Ex-investment banker. Former Head of M&A of a $600M revenue industrial holding company. Former CFO of a $110M asset-backed credit facility. Harvard, BA. Columbia, MBA.

Amount Raised : $3,091,026
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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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