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Security Type
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Convertible Note
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Min Investment
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$100
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Location
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San Francisco, CA
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Offering Date
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July 01, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$250.00K
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Security Price
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$1
Company Description
Exist Tribe is dedicated to improving sleep health around the world with innovative sleep technologies. The new Yoga Node helps soothe sleep with nature sounds, bedtime stories, box-breathing, ambient noise, thunderstorms, and guided meditataion.
Key Deal Facts
Yoga Sleep Node is going to market this year. $18,000 in pre-orders and counting...
Launching pilot study this August with U.S. Navy SEALs. Interest from multiple Universities.
Potential placement in the VA (Veteran Affairs). Interest from the U.S. Navy for ship racks (beds).
This is more than a product. It is a company with three products in development.
Utility Patent (Pending), three more patents to be submitted in June. Four Trademarks (pending).
We are going to shape sleep health around the world.
Use of Proceeds
- $50,000 92.5% Product Release Marketing Campaign; 7.5% Wefunder fee.
- $100,000 76.5% Product Release Marketing Campaign, 16% Product Manufacturing, 7.5% Wefunder fee
- $250,000 40% Product Release Marketing Campaign, 18.5% Software Development, 18% Amazon Direct Marketing Campaign, 8% Product Manufacturing, 8% Inventory, 7.5% Wefunder fee
Management Team / Advisory Board Bios
Robert Sweetman, Founder & CEO
Former Navy SEAL. Navy award for technology development. University of California San Diego, MBA graduate. Started 5 companies in lifetime. Obsessed with Sleep. Designed the Yoga Sleep Node.
Terry Quinn, COO
Brought 3 other "start-up" products to market. VP of Operations at Qualcomm. VP Operations at Toshiba. VP Operations at Kyocera. VP of Operations at Blackberry.
Ben O'Hanlan, CTO
Was the president of Sealevel Systems, a technology defense contractor, for over 20 years. Has brought dozens of products to the defense sector. Designed the Yoga Sleep Node hardware stack.
