Wayzn

Wayzn

Leading the way in smart door and window technology

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Security Type
Crowd SAFE
Min Investment
$150
Location
Sunnyvale, CA
Offering Date
September 16, 2020
Expected Close Date
December 16, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

Vision Bringing windows and doors into the futureWayzn is leading the way to a future where windows and doors intelligently open and close to provide ventilation and access, significantly increasing freedom, efficiency and comfort.We will continue to expand our direct-to-consumer product and service offering, making it extremely easy to transform existing windows and doors into smart, automated entry and ventilation points.Next year we will make this same technology available to manufacturers in both retrofit and embedded forms, and we are already entertaining discussions. 

Key Deal Facts

Innovative smart door and window products for the home and business
Winner of 7 awards, including CTA 2020 Smart Home Mark of Excellence Award
Safe and secure integrated technology platform with advanced AI learning
Over 3,000 orders taken; now shipping with high customer satisfaction
Projected $77 million in revenue by end of 2024

Management Team / Advisory Board Bios

Mike Demele
Brofounder
Co-founder @ LifeSaver, Director @ Oracle, Director @ Peoplesoft,

Adam Smithline
Brofounder
Co-founder @ LeapFrogBI, Co-founder @ Opticity, VP @ Buongiorno, Director @ RHI, Director @ fusionOne, VP @ everyone.net

Hari Prasad
Tech Lead
Founder @ TenX Innovations, Engineer @ GainSpan, @ Qualcomm, @ Rhythm Engineering

Simon Milner
Advisor
Co-founder, Petzilla (sold to Wagz), GM @ Marvell Technology Group

Paul Jones
Advisor
Founder and CEO Patriot Memory (acquired)

Frank Kull
Advisor
Head of Operations @ Cisco, @ Google

Deal Notes

Discount: 0%

Amount Raised : $120,175
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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