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Security Type
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SAFE
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Min Investment
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$100
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Location
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The Villages, FL
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Offering Date
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August 28, 2020
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Expected Close Date
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November 20, 2020
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Target Raise
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$50.00K
Company Description
AlwaysNear provides 24/7 in-home reporting of seniors' decline conditions for preventative-early treatment. Sensing devices discreetly placed in the home transmit senior's data 24/7 to the Google Cloud for determination of "Alert" conditions (FALL, med reminders, heart issues, UTI, virus, etc.). A Medicare Study found "care services offered on site" 1 day/week increase longevity 25% and reduce hospitalization 40%. AlwaysNear's 24/7 in-home care is the essence of "care services offered on site"In five years we hope to be partnered with or purchased by Google (or equivalent) making the AlwaysNear concept the world dominate senior 24/7, in-home telehealth care offering. The 34 million U.S. seniors in 2020 who have 2 or more chronic diseases and want to remain in their homes are prime AlwaysNear prospects growing exponentially. Provided by a Google operation will profoundly improve seniors quality of life, longevity, ability to remain in their home, reduce family-friend care giver stress, reduce Medicare costs. These projections cannot be guaranteed. Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
Perks
Invest $5,000+ for One year AlwaysNear TeleHealth Virtual Care Assistant service, not including hardware
$10,000+ End of life AlwaysNear TeleHealth Virtual Care Assistant service, not including hardware
Invest $5,000+ for One year AlwaysNear TeleHealth Virtual Care Assistant service, not including hardware
$10,000+ End of life AlwaysNear TeleHealth Virtual Care Assistant service, not including hardware
Key Deal Facts
Founder 3 prior successful start-ups -successful IPO with $234 m high valuation, named on 2 patents
Invited to join Google Cloud for Startups Program - invaluable engineering, market launch help
When the time is "right" will approach Google and equivalents to discuss partnering with or buy out.
White-label, SaaS business model minimal flat-line operating costs with exponential revenue growth
Primary market 37m seniors with 2 or more chronic diseases with senior population growing 10 k/day
Significant revenue from researchers applying Google AI platform to AlwaysNear senior database
Seniors live longer, less hospitalization risk, healthier, remain in homes with less personal costs
Use of Proceeds
$50,000
- 75% salaries
- 8% rent, accounting, legal
- 9.5% trial hardware
- 7.5% Wefunder fee
$249,999
- 78% salaries (hiring of additional staff)
- 2.0% rent, accounting, legal
- 12.5%, trial hardware
- 7.5% Wefunder fee
Management Team / Advisory Board Bios
Tyce Fitzmorris
Founder, CEO, Chairman of the Board
Serial entrepreneur w/ proven experience building 3 successful medical, industrial technology companies. Successful IPO with high valuation of $234m, Small Business Innovative Research Grant $450k, named on 2 patents, approvals by Coke, Bayer, more
Jeremy Winfree
Founder, CTO
Freelance software developer for over 18 years with notable credits including Hungry Howie's POS, Worldpay, and Performance Checking.
Peg Pickett
Founder, VP of Marketing-Sales
Owner of two Visiting Angels Home Care franchises. In Home Care for 15+ years. Top 10 of 650+ national Visiting Angels franchises based on revenue. Consistently wins numerous awards annually including #1 in customer satisfaction.
