Equity Opportunity
Open to Investors
WRAD One

Following the 2018 mass shooting that had taken place at Marjory Stoneman Douglas High School in Parkland, Florida, where 17 people had lost their lives, the co-founders of WRAD One focused their shock into action designed to prevent senseless deaths and get urgent help to the wounded.

They decided to use their decades of R&D expertise in wireless and hardware design to create a gunshot detection sensor that not only exceeds the performance of existing systems, but more importantly, leverages tech advancements tha...

Deal
Min investment
$100
Goal
$500K-$1M
Days Left
58
Location
Brownwood, TX

CrowdLustro Research Report

Security Type
SAFE
A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.
Industry
Tech
Filed
December 18, 2020
Expires
April 30, 2021
Valuation Cap
$6.5M

Use of Proceeds

  • Working Capital
  • Inventory Purchases
  • Sales
  • Marketing
  • Manufacturing
  • R&D
  • Legal & Intellectual Property
  • Insurance

Management

Philip Kramer
CEO
Phil Kramer has a 30+ year track record of driving profitable business growth through the formulation of strategic business plans for both domestic and global business units with companies like Nokia, McAfee and Samsung. His focus has ranged from hardware and software solutions to developing SaaS solutions to be sold into Fortune 500 companies.
Before joining Wrad One, Phil was Managing Partner of a consultancy team helping startup companies with Go-to-Market planning and helping small-cap companies with 3-5 year growth strategies. He authored business strategies for US operations that went on to become the template for global initiatives.
Phil received his Bachelor’s degree from Texas Christian University.


Michael Ricketts
CFO
Mike Ricketts has over 30 years of corporate finance and accounting experience, having held C-Level financial positions primarily with energy-related companies. This includes being the CFO and Chief Accounting Officer at two start-up oil and gas companies focused on drilling and production activities: Cano Petroleum, Inc. and MD America Energy, LLC (MDAE). MDAE was backed by private-equity investment and Cano was funded by an IPO and publicly traded. Mike was actively involved in debt/equity financing activities, acquisitions and divestitures, strategic planning, and accounting/finance matters.
In addition to oil and gas, Mike’s experience also includes electric utility industry, construction and public accounting with KPMG. Mike is currently focused on providing consulting CFO services to his clients.
Mike is a licensed CPA in Texas and holds a BS in Accounting from Arizona State University.


Kyle Beller
DIRECTOR
Kyle Beller has been the president of BAT Security for the past 18 years. BAT has grown from a small local organization to a regionally recognized mid-size physical security and monitoring company. With 20 years of experience in the industry, Kyle has guided BAT Security through many obstacles such as the 2008 housing crash and the 2020 Covid-19 crisis. His experience began with a national brand security company, becoming the company’s 2nd youngest sales manager in the country.
Kyle holds an owner/manager/shareholder license from the Private Security Bureau of the Texas Department of Public Safety and has TSA clearance at Dallas/Fort Worth International Airport as an approved security contractor. He has held several board positions with the North Texas Alarm Association (NTAA), including president from 2014-2015. While president of the NTAA he held a director’s seat on the Texas Burglar & Fire Alarm Association (TBFAA).
Kyle obtained a Bachelor of Arts degree from The University of Texas at Arlington in 1998.


Bart Johnson, Jr.
SECRETARY
Bart Johnson, Jr. first gained professional legal experience with the firm of Harris, Finley and Bogle, P.C. in Fort Worth, Texas where he specialized in oil and gas law and commercial real estate. He then made the decision to move back to his hometown of Brownwood, TX in 2016 to raise his children and grow his law practice.

Johnson represents individuals across the State of Texas in numerous areas of law including estate planning, civil litigation, real estate and more. Bart’s extensive legal accomplishments and considerable consulting experience make him an asset in his role of managing the business law aspects of WRAD One, Inc.

He graduated Magna Cum Laude from TCU with a degree in marketing, while also assisting the TCU football team to a Rose Bowl Championship and being named an ESPN Academic All-American. Following a time in the NFL, Johnson then went on to follow his passion to pursue a law degree and graduated from the SMU Dedman School of Law.

Deal Structure

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Key Deal Facts

Developing an advanced gunshot detection system that can instantly notify authorities with highly accurate information, greatly reducing response times and helping to save lives
The Vigilant Response SystemTM accurately detects gunshots, highlighting the location and path of the shooter within a school, church campus, office building, government facility and a wide range of other applications.
Since 1970, school shootings have increased each decade at an alarming rate of 261% in the past 50 years. FBI statistics show a disturbing upward trend of active shooter events across all types of locations and public spaces.
The VRS system will save lives by immediately communicating with law enforcement, allowing for faster response time and greater knowledge of the immediate threat.
Poised to disrupt a multi-billion dollar industry by making the technology accessible to the campuses, offices, and public facilities that truly value the added safety
Existing solutions in the marketplace are expensive and cannot be budgeted by most public institutions.
The Vigilant Response SystemTM is the first truly affordable solution, at a per-unit price point hundreds of dollars less than the leading systems in the US and is capable of integrating with other security measures within a facility.
The Gunshot Detection Systems Market was valued at $1.2 billion in 2019 and is projected to reach $4.2 billion by 2026.
Leadership team is comprised of experts with decades of experience developing security systems and products, wireless communications, and navigating the private and public security industry.
Phil Kramer (CEO) has a 30+ year track record of driving profitable business growth through the formulation of strategic business plans.
Mike Mann (co-founder & COO) has 40+ years of wireless technology industry experience and start-up business expertise.
Kyle Beller (President) holds an owner/manager/shareholder license from the Private Security Bureau of the Texas Department of Public Safety and has TSA clearance at Dallas/Fort Worth International Airport as an approved security contractor.
Kevin Wilder (co-founder & CTO) has 40 years of electronic hardware design experience and has been awarded numerous patents.
Woolpert, a leader in the AEG (architecture, engineering, geospatial) consulting space, is signed up as a strategic sales and distribution partner with a $3M sales commitment in the first 2 years. WRAD One will access over 200 sales people in the Woolpert network.

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