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Security Type
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Debt
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Categories
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Technology, Retail, Financial Services, Community & Lifestyle
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Min Investment
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$100
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Offering Date
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September 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-$1.07M
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No. Investors
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67
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Security Price
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$1
- Number of Employees
- 3
- Cash
- $0
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $0
Company Description
Urbie Inc. is a health-tech company making smart innovative products to solve all sorts of urban pollution (Air, Water, Sound, & Light). We are on a mission to make our life healthier and happier with a combination of nature, technology, and design.
Key Deal Facts
Our 1st product Urbie Eco-friendly Air Purifier got successfully funded on Kickstarter- $180k raised.
Top US retailers signed purchase order letters of intent (Sharper image, Williams Sonoma, Urban O.).
Timing is perfect, we are market-ready, your money will go straight into funding inventory = SALES.
Utility patent pending in the US and the EU, which means less competition in this space.
You will take part in a booming industry that is expected to grow to USD 22.80 billion by 2028!
Our goal is to develop at least 10 products in the next 5 years, which means more cash flow.
You are taking part in a revolutionary startup that will continue to develop sustainable technology.
You are investing in two passionate brothers who have one goal in mind- to get rid of city pollution.
Management Team / Advisory Board Bios
Bassel Jouni, CO-Founder & CTO
Product Design & Development Manager. Founded Rootsupsolutions.org, an award-winning NGO: GreenTec Award Winner, International Centre for climate governance, World Tech Award Developed an award-winning dew house collector.
Bill Jouny, Co-founder & CEO
5+ years experience in online sales and marketing. Co-founded Urbie and an award-winning NGO Rootsupsolutions.org. BCom degree from York University. Exited a successful private labelling company in 2018. Ex-banker with extensive capital markets exp.
Daria Popova, Marketing Manager & Copywriter
Web and SEO specialist with 5+ years of experience. Improved organic search rankings from page 3 to Top 5 for eco-friendly air purifiers. Content creator and copywriter.
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ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.