WolfPack

WolfPack

We are a Connected Vehicle technology company focused on motorcycles

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Security Type
SAFE
Categories
Technology
Location
Rockville, MD
Offering Date
March 01, 2018
Expected Close Date
June 08, 2018
Target Raise
$50.00K-$500.00K
Deal Notes
  • Funding goal: $50K – $500K
  • Investment size: min $100, max $25K
  • Deadline: June 8, 2018 (EDT)
  • Type of security: Crowd Safe
  • Discount: 10%
  • Valuation cap: $4,000,000

Company Description

WolfPack brings the Connected Vehicle experience to Motorcycle riders. WolfPack’s proprietary technology runs on your Android or iOS device, reducing stress and keeping you with your fellow riders. WolfPack's mobile app is responsible for generating our B2C revenues. WolfPack has a free tier that limits the user to 8 rides a year. Once those 8 rides are completed, the users have to convert to a Premium account (receiving additional feature benefits as well). Nearly all of our existing premium users chose to upgrade well before this limit - some by their second ride. Users that are interested in an upgrade to a Premium version pay $5.99/mo. or $59.99/year.

Perks

Invest $100 - In addition to Crowd Safe, you will receive a thank you letter from the CEO and Founder.
Invest $250 - In addition to Crowd Safe, investing $250 will get you a WolfPack bandanna and laptop sticker.
Invest $500 - In addition to Crowd Safe, an investment of $500 or more gets the above, and also gets a 6 months premium account with WolfPack.
Invest $1,000 - In addition to Crowd Safe, and a shout-out on twitter, an investment of $1,000 or more gets the above, and a Universal Cell Phone Holder Kit for your motorcycle, sent directly to your home.
Invest $2,500 - In addition to Crowd Safe, an investment of $2,500 or more gets the above, a 12 Month Premium account with WolfPack, and a box of luxury chocolates, sent directly to your home!
Invest $5,000 - In addition to Crowd Safe, an investment of $5,000 or more gets the above, a 12 Month premium account with WolfPack for 3 of their chosen friends, 4 T-Shirts, and a mention on our home page and social media!
Invest $10,000 - In addition to Crowd Safe, an investment of $10,000 or more gets the above, together with a box of premium cigars, sent directly to your home!
Invest $25,000 - In addition to the cool perks at all of the other levels, at the $25,000 level you become a major contributer, you will be featured as an investor on our website/social media and will get to meet with WolfPack CEO at a special dinner.

Key Deal Facts

WolfPack brings the connected vehicle experience to the motorcycle market.
We help travelers plan and enjoy their group motorcycle trips, with more than 1 million miles covered to date.
More than 22,000 users in 115 Countries.
17.5% average month-over-month growth.
From idea to first beta in 4 months, to first market release in 7 months.   
$400k invested to date.
Patent-pending technology.

Use of Proceeds

  • General marketing: 40%
  • Research and development: 40%
  • General working capital: 8%
  • Intermediary fees: 5%
  • Campaign marketing expenses: 1%
  • Estimated attorney fees: 6%

Management Team / Advisory Board Bios

Jonathan Chashper
CEO and Founder
Serial Entrepreneur, a Veteran, with a proven track record. For the last 27 years, held every position from a developer, to VP Product Management, CTO, and CEO. B.SC in Computer Science MBA from Kellogg, Northwestern.

Evan Haines
Product Manager
Product manager and Certified Scrum Alliance Product Owner. Startup accelerator management experience; background spans public and private sectors, technology and consulting. MS (Carnegie Mellon University); BS (ECE - University of Rochester).

Nina Gabriadze
Marketing Manager
Marketing professional with experience across fast-growth technology startups. Overseeing brand development, strategic partnerships and marketing planning/activities. BS in Business Administration from Berkeley College New York

Christian Walters
Advisor
Inspirational servant leader, disciplined executive and driver of organizational change. 11 years of success as a Senior Executive at Harley-Davidson and 11 years of dedication in US Army Special Operations.

Scott Lincke
Advisor
Inventive, hands-on, product-centric leader with deep technical knowledge and strong track record leading teams in building products with innovative technology and great user experiences. Senior executive at Yahoo TV and WeatherBug.

Deal Notes

  • Funding goal: $50K – $500K
  • Investment size: min $100, max $25K
  • Deadline: June 8, 2018 (EDT)
  • Type of security: Crowd Safe
  • Discount: 10%
  • Valuation cap: $4,000,000
Amount Raised : $61,085
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Security Description

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.

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