Telecalm

Telecalm

Phone Service for Dementia - Helping Seniors and Caregivers

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Security Type
Preferred Stock
Min Investment
$100
Location
Dallas, TX
Offering Date
September 18, 2020
Expected Close Date
December 02, 2020
Target Raise
$50.00K-$250.00K
Deal Notes

Price per Share: $1.20

Valuation
$5,480,000

Company Description

teleCalm’s patented phone service helps seniors maintain their independence through a call monitoring system that eliminates 911 abuse, repeated dialing, late-night calls, and stops telemarketer/scam calls.

Family caregivers subscribe to the phone service for their loved one, replacing ANY existing phone service provider. The caregiver manages all the features remotely using our Caregiver app.

By 2025, teleCalm hopes (but not guarantees) to be the recognized leading provider of safe phone service for the estimated 12M Americans living with dementia, both on cell phones and landlines, whether they live at home or in senior living communities.

Perks

Invest $250+ for teleCalm Swag (stickers, coasters, etc).
$500+ teleCalm Floating Action Pen by Eskesen, plus above perks.
$1,000+ 3-month teleCalm Caregiver service gift certificate, teleCalm tumbler, recognition on our website, plus above perks.
$5,000+ 1-year teleCalm Caregiver service gift certificate, plus non-service perks above.
$10,000+ Two 1-year teleCalm Caregiver service gift certificate, plus non-service perks above.
Invest $250+ for teleCalm Swag (stickers, coasters, etc).
$500+ teleCalm Floating Action Pen by Eskesen, plus above perks.
$1,000+ 3-month teleCalm Caregiver service gift certificate, teleCalm tumbler, recognition on our website, plus above perks.
$5,000+ 1-year teleCalm Caregiver service gift certificate, plus non-service perks above.
$10,000+ Two 1-year teleCalm Caregiver service gift certificate, plus non-service perks above.

Key Deal Facts

Proven solution serving over 1.5M phone calls from over 500 subscribers across 42 states
Revenue-generating with over $265K in annual recurring revenue
$12 Billion market with +21 Million potential subscribers in the US alone
Intellectual property protected by 2 US patents and international patents in the UK and Germany
Raised over $530K in previous rounds from private investors and won $100K award from MassChallenge Texas
Work has begun to expand the offering to teleCalm Mobile with the launch of our Early Customer Program
Our customers love us, as shown in our 97% satisfaction rating and NPS of 89
Your investment will make life better for seniors and caregivers coping with dementia

Use of Proceeds

$50,001

  • 40% Development: teleCalm Mobile v1.
  • 30% Operational: Contractors for social media, order fulfillment, and onboarding.
  • 23.5% Marketing/Advertising.
  • 6.5% Wefunder fees. 

$250,000

  • 48% Development: teleCalm Mobile v1&v2, feature enhancements, infrastructure optimization.
  • 40% Operational: Two additional team members and contractors for customer support, social media, order fulfillment, and onboarding.
  • 5.5% Marketing/Advertising.
  • 6.5% Wefunder fees. 

Management Team / Advisory Board Bios

Tavis Schriefer
Founding CEO
A 2X entrepreneur, Tavis founded his first startup in 2002 where he bootstrapped Ideative and took seven of his patented products to mass retail markets worldwide. He's been an e-comm strategist for 11 years and designed software for the Air Force.

Carl Ott
Chief Technical Officer
Repeat entrepreneur. Built and launched many new connected devices and systems in 20+ years. Leverages at-scale best practices from companies like Nokia and TerreStar (acquired by DISH Networks).

Jill Schriefer
Chief Customer Officer
Jill brings 20 years of relationship management, 13 years of grant and fundraising and 7 years of proposal management experience to teleCalm. Jill has witnessed the effects of cognitive disorders firsthand in her family.

Salvador Briggman
Marketing at teleCalm
Salvador brings 8+ years of digital marketing experience to the team. He's grown multiple websites to millions of visitors and thousands of social media followers.

Deal Notes

Price per Share: $1.20

Amount Raised : $0
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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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